IFS India Mercantile Pune Junior Software Engineer Salaries by 3 Employees

1 - 2 years exp.

₹3.6 Lakhs - ₹4.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Junior Software Engineer Salary for 1 - 2 years of experience

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Last Updated: 6 Aug 2023

Companies similar to IFS India Mercantile for Junior Software Engineer in Pune

IFS India Mercantile Junior Software Engineer Salary

1 - 2 years exp. (3 salaries)

₹3.6 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Cognizant Junior Software Engineer Salary 0 - 4 years exp. (1k salaries)	₹2.7 L/yr - ₹8.3 L/yr 21% more
Tech Mahindra Junior Software Engineer Salary 1 - 4 years exp. (117 salaries)	₹2 L/yr - ₹7 L/yr 28% less
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TCS Junior Software Engineer Salary 0 - 3 years exp. (13 salaries)	₹2.4 L/yr - ₹5 L/yr 2% less
LTIMindtree Junior Software Engineer Salary 0 - 4 years exp. (13 salaries)	₹3 L/yr - ₹4 L/yr 12% less
Wipro Junior Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 7% less
Infosys Junior Software Engineer Salary 0 - 1 year exp. (3 salaries)	₹3.6 L/yr - ₹6.2 L/yr 47% more
Mphasis Junior Software Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 22% less

Junior Software Engineer salary at IFS India Mercantile ranges between ₹3.6 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of IFS India Mercantile.

Experience wise IFS India Mercantile Junior Software Engineer salaries in Pune

Last Updated: 6 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in IFS India Mercantile

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Salary related reviews for IFS India Mercantile

Softwaretest Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 20 Aug 2024

4.0

for Salary and Benefits

Likes

A healthy work-life balance, IFS India Mercantile Pvt. Ltd. provides cutting-edge tools and technologies, working with international teams and on global projects, which can enhance your skills and broaden perspective.

Salary - Good

+5 more

Dislikes

The high standards and expectations can be challenging, but you appreciate them as they push you to grow and excel.

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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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IFS India Mercantile Junior Software Engineer Salary FAQs

How the salary growth look like for a Junior Software Engineer at IFS India Mercantile in Pune?

The salary growth for a Junior Software Engineer at IFS India Mercantile in Pune depends on factors such as experience, performance, and promotions. On average, a Junior Software Engineer in Pune can expect the following growth trajectory at IFS India Mercantile:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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IFS India Mercantile Junior Software Engineer Salaries in Pune

IFS India Mercantile Junior Software Engineer salary in Pune ranges between ₹3.6 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.