The estimated average salary for a Software Development Engineer (SDE) at Bank Rakyat is ₹13,60,000 per year or ₹654 per hour, but some professionals have reported earning up to roughly ₹27,62,000 per year (90th percentile). The typical pay range is between ₹8,00,000 (25th percentile) and ₹20,00,000 (75th percentile) annually. This is based on 1 salaries submitted by Bank Rakyat Software Development Engineer (SDE) professionals on Glassdoor, as of Jun 2026.