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Financial Software & Systems Softwaretest Engineer salaries in Mumbai (Updated 2025)

Annual salary range
1 - 5 years exp.
₹3.5 Lakhs - ₹9.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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15% less than the average Softwaretest Engineer Salary in Software Product Companies for 1 - 5 years of experience

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Last Updated: 14 Mar 2025

Companies similar to Financial Software & Systems for Softwaretest Engineer in Mumbai

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Financial Software & Systems Softwaretest Engineer Salary

1 - 5 years exp. (15 salaries)

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₹3.5 L/yr - ₹9.5 L/yr

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Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6.5 L/yr

arrow icon 6% more
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BUSINESSNEXT Softwaretest Engineer Salary

2 - 6 years exp. (24 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 31% more
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₹4.2 L/yr - ₹11.5 L/yr

arrow icon 41% more
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eClinicalWorks Softwaretest Engineer Salary

2 - 7 years exp. (9 salaries)

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₹4 L/yr - ₹11.6 L/yr

arrow icon 76% more
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Thomson Reuters Softwaretest Engineer Salary

4 - 8 years exp. (7 salaries)

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₹4.9 L/yr - ₹11.3 L/yr

arrow icon 47% more
Softwaretest Engineer salary at Financial Software & Systems ranges between ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Financial Software & Systems.

Latest annual salaries shared by Financial Software & Systems Softwaretest Engineer in Mumbai

4w ago
₹5 Lakhs
3 years exp.
2mo ago
₹5 Lakhs
3 years exp.
3mo ago
₹4.6 Lakhs
3 years exp.
7mo ago
₹6.3 Lakhs
3 years exp.
1y ago
₹9.5 Lakhs
5 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.

Experience wise Financial Software & Systems Softwaretest Engineer salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
3 years  (7 salaries)

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₹4.5 L/yr - ₹6.8 L/yr
4 years  (5 salaries)

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₹4.7 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Financial Software & Systems

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₹3 L/yr - ₹8.5 L/yr
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₹4.29 L/yr - ₹15 L/yr
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₹1.9 L/yr - ₹6.8 L/yr
Technical Lead Salary
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Plsql Developer Salary
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₹3 L/yr - ₹6.5 L/yr
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(5 salaries)
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₹14 L/yr - ₹20.1 L/yr
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₹31 L/yr - ₹45 L/yr

Salary related reviews for Financial Software & Systems

5.0

Rated by 1 employees for salary & benefits

Engineering - Software & QA Department

4.0
  •  posted on 30 Jul 2022

2.0
 for  Salary and Benefits

Likes

The best thing here to work in diffrent environment and as it is a production based organisation we can learn multiple things based on payments domain.

read more
  • Skill development - Good
  • +2 more

Dislikes

The worst thing ever you face here like promotions,appraisal & salary benefits.

read more
  • Salary - Poor
  • +1 more

Engineering - Software & QA Department

4.0
  •  posted on 08 Apr 2021

3.0
 for  Salary and Benefits

Likes

...ew things. There has not been any default in salary payments. Good Job Security. No variable pay for employees who are in grades M1 and M2. Work pressure depends on the team and the project your in. Most of the managers are supportive and friendly. In general, there will be a friendly atmosphere.

read more
  • Skill development - Good
  • +4 more

Dislikes

Cons: 1. Irregular appraisal pattern. 2. Not much of recognition for the work done. 3. Don't expect infrastructure to be at par with other major companies. The cafeteria is very small which does not have much seating capacity. 4. Lots of infighting within the departments. 5. No WFH option. (For corona lock down, they have introduced WFH but not sure if it will be available in future.)

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Engineering - Software & QA Department

4.0
  •  posted on 05 Jul 2021

2.0
 for  Salary and Benefits

Likes

We can improve our skills from time to time with our manager's support. Time to undergo training depends on the work/project we were into.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Work-life balance will be a toss if you are not precise about what you do. Compensation is good for experienced professionals who join newly, not for old employees

read more
  • Salary - Poor

Engineering - Software & QA Department

4.0
  •  posted on 23 Jan 2021

3.0
 for  Salary and Benefits

Likes

If you joined as experienced then it would be great bcz you will get better fixed package. Job security is there bcz FSS have their own products. Free tea, coffee, milk. Greenary ambience. Transport facility is there. Best and safe for female employees. Quibical work space, feels like privacy. Parking zone for bike and cars.

read more
  • Job security - Good
  • +1 more

Dislikes

For freshers 3 years bond, fells like it is a jail to them. Cafeteria will open at particular time. Legacy technologies. Less resources in a team, so feels like some work pressure at some case's. Formal dress code with shoes for boys. Small cafeteria, struggle to find out, table at afternoon lunch time.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 08 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more
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Financial Software & Systems Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Financial Software & Systems in Mumbai?
The average salary of a Softwaretest Engineer at Financial Software & Systems in Mumbai typically ranges from ₹3.5 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Softwaretest Engineer in Mumbai at Financial Software & Systems earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Softwaretest Engineer Salaries at Financial Software & Systems can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Financial Software & Systems employees in India.
What is the estimated take home salary of a Softwaretest Engineer at Financial Software & Systems in Mumbai?
The estimated take-home salary of a Softwaretest Engineer at Financial Software & Systems in Mumbai typically ranges from ₹38,950 to ₹40,130 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Financial Software & Systems. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Financial Software & Systems for Softwaretest Engineer in India?
eClinicalWorks ₹4.0 Lakhs to ₹11.6 Lakhs per year
Thomson Reuters ₹4.9 Lakhs to ₹11.3 Lakhs per year
Aurionpro Solutions ₹4.2 Lakhs to ₹11.5 Lakhs per year
BUSINESSNEXT ₹4.0 Lakhs to ₹9.0 Lakhs per year
KPIT Technologies ₹3.0 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Financial Software & Systems, depending on the role and experience level.
How the salary growth look like for a Softwaretest Engineer at Financial Software & Systems in Mumbai?
The salary growth for a Softwaretest Engineer at Financial Software & Systems in Mumbai depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer in Mumbai can expect the following growth trajectory at Financial Software & Systems:

Experience Average Salary Range
1 year ₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years ₹4.5 Lakhs to ₹6.8 Lakhs per year
4 years ₹4.7 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

Financial Software & Systems Softwaretest Engineer salary in Mumbai ranges between ₹3.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Financial Software & Systems latest salaries received from various employees of Financial Software & Systems.