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3.8

based on 47k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Cognizant Transaction Processing Specialist salaries in India

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹3.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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35% less than the average Transaction Processing Specialist Salary in IT Services & Consulting Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Transaction Processing Specialist Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Healthcare & Life Sciences
Transaction Processing Specialist Salary
5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 15 Mar 2023

Companies similar to Cognizant for Transaction Processing Specialist

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹10.5 L/yr

arrow icon 95% more
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₹2.6 L/yr - ₹2.9 L/yr

arrow icon 7% less
unlock blur

₹2.2 L/yr - ₹7.2 L/yr

arrow icon 71% more
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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 17% more
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 45% more
Transaction Processing Specialist salary at Cognizant ranges between ₹2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Cognizant.

Latest annual salaries shared by Cognizant Transaction Processing Specialist

1y ago
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1 year exp.
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2 years exp.
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5 years exp.

Experience wise Cognizant Transaction Processing Specialist salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr

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₹1.95 L/yr - ₹9.07 L/yr
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₹3 L/yr - ₹9.25 L/yr
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₹1 L/yr - ₹7.5 L/yr
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₹30.45 L/yr - ₹102 L/yr

Salary related reviews for Cognizant

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 18 Dec 2024

3.0
 for  Salary and Benefits

Likes

Ample of learning opportunities if you are willing to take it. Good work life balance in general. Good culture. Leadership if open to hearing employees issues and support them as possible.

read more

Dislikes

Salary is lower compared to other firms.

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 16 Dec 2024

2.0
 for  Salary and Benefits

Likes

Work culture is excellent. Mixed culture makes it really good work environment. Free hand in New Projects for getting new profile.

read more

Dislikes

Salary as per industry standards is less, Increment as per previous followups has not been great. But favouritism plays it's part.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Nov 2024

2.0
 for  Salary and Benefits

Likes

Stability is good. Though in the ongoing global recession, many of my co-workers had to leave projects because of project ramp down and did not get any other projects. Instead of recruiting employees from bench in other projects they are hiring more from people outside.

read more

Dislikes

Appraisal is bad. So joining with low salary does not help much in the long run, better to switch.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 10 Nov 2024

3.0
 for  Salary and Benefits

Likes

Long term projects but mainly support projects. Flexible work timings On time salary and some increment every year Scope to show case your skills

read more

Dislikes

Every time you have search for the projects once your current project ramp down

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 02 Nov 2024

4.0
 for  Salary and Benefits

Likes

They offer competitive salary package. That’s all.

Dislikes

There’s no job satisfaction or personal growth. Enough toxic people up there in the management. So don’t expect any support. It’s all about billing. Also you need to complete a ton of courses and most of them are irrelevant or obsolete, so it just eat your valuable time. Most of the time we have to spend our personal time to do all these since there will be project deadlines.

read more
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Cognizant Transaction Processing Specialist Salary FAQs

What is the salary of Transaction Processing Specialist at Cognizant?
Transaction Processing Specialist salary at Cognizant in India ranges between ₹2.0 Lakhs to ₹3.8 Lakhs for experience between 1 years to 8 years. According to our estimates it is 35% less than the average Transaction Processing Specialist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cognizant India.
How does the salary of a Transaction Processing Specialist at Cognizant India compare with the average salary range for this job?
The average salary of a Transaction Processing Specialist at Cognizant is 35% less than the average salary of a Transaction Processing Specialist in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cognizant to a Transaction Processing Specialist in India?
  • Accenture Transaction Processing Specialist Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
  • JPMorgan Chase & Co. Transaction Processing Specialist Salary - ₹2.2 Lakhs to ₹7.2 Lakhs per year
  • Empower Retirement Transaction Processing Specialist Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
  • Conduent Transaction Processing Specialist Salary - ₹2.3 Lakhs to ₹4.1 Lakhs per year
What is the salary of a Transaction Processing Specialist in companies similar to Cognizant in India?
  • Concentrix Corporation Transaction Processing Specialist Salary - ₹2.6 Lakhs to ₹2.9 Lakhs per year
What is the estimated take home salary of a Transaction Processing Specialist at Cognizant in India?
The estimated take-home salary of a Transaction Processing Specialist at Cognizant ranges between ₹20,695 per month to ₹22,348 per month in India. The take-home salary calculation is based on the average Cognizant Transaction Processing Specialist salary in India which ranges between ₹2.0 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Transaction Processing Specialist at Cognizant?
According to AmbitionBox, 100% of the Cognizant Transaction Processing Specialists reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cognizant Transaction Processing Specialist salary in India ranges between ₹2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cognizant latest salaries received from various employees of Cognizant.