Fino Payments Bank Mumbai Softwaretest Engineer Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹3 Lakhs - ₹9.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Softwaretest Engineer Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 5 Mar 2025

Companies similar to Fino Payments Bank for Softwaretest Engineer in Mumbai

Fino Payments Bank Softwaretest Engineer Salary

1 - 6 years exp. (9 salaries)

₹3 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
SVC Co-Operative Bank Softwaretest Engineer Salary 3 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹8.5 L/yr 46% more
Cognizant Softwaretest Engineer Salary 1 - 8 years exp. (568 salaries)	₹2.4 L/yr - ₹12 L/yr 45% more
Login to view exact salary
TCS Softwaretest Engineer Salary 0 - 10 years exp. (567 salaries)	₹1.8 L/yr - ₹10 L/yr 28% more
QualityKiosk Technologies Softwaretest Engineer Salary 0 - 6 years exp. (536 salaries)	₹1.8 L/yr - ₹8.4 L/yr 1% more
Wipro Softwaretest Engineer Salary 1 - 6 years exp. (309 salaries)	₹2 L/yr - ₹11.5 L/yr 42% more

Softwaretest Engineer salary at Fino Payments Bank ranges between ₹3 Lakhs to ₹9.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Fino Payments Bank.

Experience wise Fino Payments Bank Softwaretest Engineer salaries in Mumbai

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (3 salaries)	₹3 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

View all

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Salary related reviews for Fino Payments Bank

Customer Relationship Officer in Ranchi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Aug 2024

2.0

for Salary and Benefits

Likes

Fino makes you work in every field. By working in Fino, we get experience of every field, whether it is banking or sales or insurance sector, Fino Payments Bank does all these works and the experience was very good

Work satisfaction - Good

Dislikes

If you work in Fino, you get your salary on time but there is a lot of problem in making claims like travel claims.

Salary - Poor

+1 more

Assistant Manager in Navi Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 09 Mar 2025

1.0

for Salary and Benefits

Likes

When you are surviving tough situations in life, you make some great friends. Found great colleagues. My Senior allowed me to do RnD to work out the things which assigned to me.

Dislikes

Politics, Seniors from other teams play dirty politics. salary is low, job security is myth in this company, HR is policies are for companies benefit, not for employees, they change HR policy as they wish. When joined the clause said 1 month notice period, but when resigned they ask me to serve 3 months. Older technology, managers don't want to migrate to latest one. No code sync from seniors, need to work offline as the checked in solution doesn't work. Seniors say if you want to work then get the code and solve the issues and then work on it.

Salary - Bad

+4 more

Finance Executive in Hyderabad / Secunderabad

Full Time

Human Resources Department

4.0

• posted on 11 Jul 2023

5.0

for Salary and Benefits

Likes

FINO PAYMENTS BANK ISTHE DIGITAL BANKING PARTNER FOR MILLONS OF HARD WORKING INDIAN HAMEESHA WE ARE PRESENT 90%OF INDIA WITH OVERFINO BANK PAYMENTS

Salary - Excellent

+6 more

Dislikes

THEY CANHELP SOCIABLE COWORKERS BULLIED BETTER RELEATIONS SHIP )YOUCAN ENJOY A LESS STRESSFUL WORK DISLIKES SALARY GROUP VERY SLOW WORK DETAILLS WITH PAYMENTS OF WORK

Customer Service Officer in New Delhi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 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.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Customer Relationship Officer in Kolkata

Full Time

Other Department

4.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

...Have Oppertunity to Skill Your Development. And Good Colleague and Support Team. Best part is Time to time salary and T.A.

Skill development - Good

+4 more

Dislikes

No Promotion you will get After 2-3 years.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Fino Payments Bank Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Fino Payments Bank in Mumbai?

The average salary of a Softwaretest Engineer at Fino Payments Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Softwaretest Engineer in Mumbai at Fino Payments Bank earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Softwaretest Engineer Salaries at Fino Payments Bank 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 9 Fino Payments Bank employees in India.

What is the estimated take home salary of a Softwaretest Engineer at Fino Payments Bank in Mumbai?

The estimated take-home salary of a Softwaretest Engineer at Fino Payments Bank in Mumbai typically ranges from ₹36,812 to ₹38,025 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 1 year to 6 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 9 salaries received from various employees of Fino Payments Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Fino Payments Bank for Softwaretest Engineer in India?

SVC Co-Operative Bank	₹4.5 Lakhs to ₹8.5 Lakhs per year
Cognizant	₹2.4 Lakhs to ₹12.0 Lakhs per year
Wipro	₹2.0 Lakhs to ₹11.5 Lakhs per year
TCS	₹1.8 Lakhs to ₹10.0 Lakhs per year
QualityKiosk Technologies	₹1.8 Lakhs to ₹8.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Fino Payments Bank, depending on the role and experience level.

How the salary growth look like for a Softwaretest Engineer at Fino Payments Bank in Mumbai?

The salary growth for a Softwaretest Engineer at Fino Payments Bank 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 Fino Payments Bank:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.3 Lakhs per year
3 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
4 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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Fino Payments Bank Softwaretest Engineer Salaries in Mumbai

Fino Payments Bank Softwaretest Engineer salary in Mumbai ranges between ₹3 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Fino Payments Bank latest salaries received from various employees of Fino Payments Bank.