IFS India Mercantile Software Engineer Salaries by 60+ Employees (Updated 2025)

2 - 3 years exp.

₹4 Lakhs - ₹7.8 Lakhs

Salary of majority employees

36% less than the average Software Engineer Salary for 2 - 3 years of experience

Interested in this particular role?

Last Updated: 22 Jan 2025

Companies similar to IFS India Mercantile for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Multi Commodity Exchange of India Software Engineer Salary 1 - 3 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 75% more
National Stock Exchange of India Software Engineer Salary 2 - 5 years exp. (13 salaries)	₹4.5 L/yr - ₹13 L/yr 60% more
Login to view exact salary
Bombay Stock Exchange Software Engineer Salary 1 - 5 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 7% less
National Commodity & Derivatives Exchange Software Engineer Salary 1 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 15% more
Reliance Industries Software Engineer Salary 1 - 4 years exp. (109 salaries)	₹2.8 L/yr - ₹13.1 L/yr 41% more
TCS Software Engineer Salary 0 - 7 years exp. (22.8k salaries)	₹3 L/yr - ₹10.5 L/yr 25% more
HDFC Bank Software Engineer Salary 1 - 7 years exp. (92 salaries)	₹3 L/yr - ₹12.3 L/yr 47% more
Infosys Software Engineer Salary 0 - 6 years exp. (5.7k salaries)	₹2.8 L/yr - ₹10.8 L/yr 28% more
State Bank of India Software Engineer Salary 0 - 4 years exp. (8 salaries)	₹3.7 L/yr - ₹8.9 L/yr 59% more
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (26.4k salaries)	₹2 L/yr - ₹9 L/yr 11% more
HCLTech Software Engineer Salary 0 - 6 years exp. (22.8k salaries)	₹1.2 L/yr - ₹8 L/yr 13% less
Login to view exact salary
Capgemini Software Engineer Salary 0 - 7 years exp. (18.2k salaries)	₹1.8 L/yr - ₹10.6 L/yr 12% more	91 job openings
Accenture Software Engineer Salary 0 - 7 years exp. (17.6k salaries)	₹3.6 L/yr - ₹12.8 L/yr 45% more
LTIMindtree Software Engineer Salary 0 - 6 years exp. (16.2k salaries)	₹2 L/yr - ₹10 L/yr 13% more
Cognizant Software Engineer Salary 0 - 7 years exp. (15.6k salaries)	₹2.2 L/yr - ₹14.8 L/yr 53% more	13 job openings
Wipro Software Engineer Salary 0 - 8 years exp. (13.9k salaries)	₹1.9 L/yr - ₹15.4 L/yr 56% more	6 job openings
IBM Software Engineer Salary 0 - 9 years exp. (5.5k salaries)	₹4.9 L/yr - ₹22.3 L/yr 126% more	3 job openings
DXC Technology Software Engineer Salary 0 - 6 years exp. (2k salaries)	₹2.4 L/yr - ₹11.7 L/yr 26% more	6 job openings
Amazon Software Engineer Salary 0 - 6 years exp. (1.6k salaries)	₹12 L/yr - ₹45 L/yr 385% more	1 job opening
Deloitte Software Engineer Salary 1 - 6 years exp. (1.4k salaries)	₹4.5 L/yr - ₹16.4 L/yr 93% more

View all

Software Engineer salary at IFS India Mercantile ranges between ₹4 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 68 latest salaries received from various employees of IFS India Mercantile.

Experience wise IFS India Mercantile Software Engineer salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
2 years (26 salaries)	₹4 L/yr - ₹5.9 L/yr
Login to view exact salary
3 years (42 salaries)	₹4.2 L/yr - ₹7.8 L/yr

Similar Designation salaries in IFS India Mercantile

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Software Developer Salary

(55 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Java Developer Salary

(11 salaries)

₹3.2 L/yr - ₹6.3 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for IFS India Mercantile

4.2

Rated by 9 employees for salary & benefits

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

Got a question about IFS India Mercantile?

Ask anonymously on communities.

IFS India Mercantile Software Engineer Salary FAQs

What is the salary of Software Engineer at IFS India Mercantile?

Software Engineer salary at IFS India Mercantile in India ranges between ₹4.0 Lakhs to ₹7.8 Lakhs for experience between 2 years to 3 years. According to our estimates it is 36% less than the average Software Engineer Salary in India. Salary estimates are based on 68 latest salaries received from various employees of IFS India Mercantile India.

How does the salary of a Software Engineer at IFS India Mercantile India compare with the average salary range for this job?

The average salary of a Software Engineer at IFS India Mercantile is 36% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IFS India Mercantile to a Software Engineer in India?

Amazon Software Engineer Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
IBM Software Engineer Salary - ₹4.9 Lakhs to ₹22.3 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹8.3 Lakhs to ₹18.5 Lakhs per year
PwC Software Engineer Salary - ₹4.2 Lakhs to ₹17.0 Lakhs per year
Deloitte Software Engineer Salary - ₹4.5 Lakhs to ₹16.4 Lakhs per year

What is the salary of a Software Engineer in companies similar to IFS India Mercantile in India?

Multi Commodity Exchange of India Software Engineer Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Genpact Software Engineer Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
Teleperformance Software Engineer Salary - ₹3.5 Lakhs to ₹13.4 Lakhs per year
National Stock Exchange of India Software Engineer Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
State Bank of India Software Engineer Salary - ₹3.7 Lakhs to ₹8.9 Lakhs per year

What is the estimated take home salary of a Software Engineer at IFS India Mercantile in India?

The estimated take-home salary of a Software Engineer at IFS India Mercantile ranges between ₹39,430 per month to ₹40,604 per month in India. The take-home salary calculation is based on the average IFS India Mercantile Software Engineer salary in India which ranges between ₹4.0 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at IFS India Mercantile?

According to AmbitionBox, 80% of the IFS India Mercantile Software Engineers reported a notice period of 15 days or less, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
IFS India Mercantile Salaries >
IFS India Mercantile Software Engineer Salaries

IFS India Mercantile Software Engineer salary in India ranges between ₹4 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 68 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.