IFS India Mercantile Software Engineer Salaries by 70+ Employees (Updated 2025)

Last Updated: 29 Mar 2025

Companies similar to IFS India Mercantile for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (26.4k salaries)	₹2 L/yr - ₹9.4 L/yr 2% more	12 job openings
HCLTech Software Engineer Salary 0 - 5 years exp. (23.4k salaries)	₹1.9 L/yr - ₹8 L/yr 18% less	1 job opening
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TCS Software Engineer Salary 0 - 8 years exp. (23.5k salaries)	₹3 L/yr - ₹11.5 L/yr 25% more
Capgemini Software Engineer Salary 0 - 8 years exp. (18.8k salaries)	₹1.7 L/yr - ₹11 L/yr 7% more	112 job openings
Accenture Software Engineer Salary 0 - 8 years exp. (17.4k salaries)	₹3.6 L/yr - ₹13.8 L/yr 44% more
Cognizant Software Engineer Salary 0 - 7 years exp. (16.4k salaries)	₹2 L/yr - ₹14.6 L/yr 37% more
LTIMindtree Software Engineer Salary 0 - 6 years exp. (16.2k salaries)	₹2 L/yr - ₹10 L/yr 1% more	8 job openings
Wipro Software Engineer Salary 0 - 8 years exp. (14.1k salaries)	₹1.9 L/yr - ₹16.2 L/yr 45% more	12 job openings
Mphasis Software Engineer Salary 0 - 7 years exp. (6.4k salaries)	₹2 L/yr - ₹9.5 L/yr 8% more	1 job opening
Infosys Software Engineer Salary 0 - 6 years exp. (5.7k salaries)	₹2.9 L/yr - ₹11.2 L/yr 19% more
IBM Software Engineer Salary 0 - 9 years exp. (5.6k salaries)	₹6.9 L/yr - ₹22.2 L/yr 121% more
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JPMorgan Chase & Co. Software Engineer Salary 0 - 12 years exp. (2.6k salaries)	₹10.9 L/yr - ₹35 L/yr 329% more	13 job openings
DXC Technology Software Engineer Salary 0 - 6 years exp. (2k salaries)	₹2.4 L/yr - ₹12.1 L/yr 17% more	10 job openings
Amazon Software Engineer Salary 0 - 7 years exp. (1.7k salaries)	₹24.5 L/yr - ₹55 L/yr 435% more	5 job openings
Deloitte Software Engineer Salary 0 - 6 years exp. (1.5k salaries)	₹4 L/yr - ₹17 L/yr 65% more	1 job opening
Genpact Software Engineer Salary 0 - 6 years exp. (1.2k salaries)	₹3 L/yr - ₹12 L/yr 38% more
Ernst & Young Software Engineer Salary 0 - 6 years exp. (840 salaries)	₹3.9 L/yr - ₹14 L/yr 40% more
Concentrix Corporation Software Engineer Salary 2 - 7 years exp. (789 salaries)	₹4 L/yr - ₹14.5 L/yr 61% more
Larsen & Toubro Limited Software Engineer Salary 1 - 5 years exp. (778 salaries)	₹2.2 L/yr - ₹11 L/yr 19% more
Jio Software Engineer Salary 0 - 5 years exp. (392 salaries)	₹4 L/yr - ₹16 L/yr 59% more

View all

Software Engineer salary at IFS India Mercantile ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 75 latest salaries received from various employees of IFS India Mercantile.

Latest annual salaries shared by IFS India Mercantile Software Engineer

3d ago

₹5.1 Lakhs

2 years exp.

3d ago

₹5.5 Lakhs

2 years exp.

1w ago

₹7.5 Lakhs

4 years exp.

1mo ago

₹7.8 Lakhs

3 years exp.

1mo ago

₹6 Lakhs

3 years exp.

3mo ago

3 years exp.

4mo ago

3 years exp.

6mo ago

3 years exp.

7mo ago

3 years exp.

7mo ago

3 years exp.

Experience wise IFS India Mercantile Software Engineer salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
2 years (25 salaries)	₹4 L/yr - ₹5.9 L/yr
3 years (43 salaries)	₹4.2 L/yr - ₹7.8 L/yr
Login to view exact salary
4 years (7 salaries)	₹5.6 L/yr - ₹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

(56 salaries)

₹3.5 L/yr - ₹9 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

4.4

Rated by 11 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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

113 participants . expiring in 8h

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IFS India Mercantile Software Engineer Salary FAQs

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

The average salary of a Software Engineer at IFS India Mercantile in India typically ranges from ₹4.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Engineer at IFS India Mercantile earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Software Engineer Salaries at IFS India Mercantile 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 70+ IFS India Mercantile employees in India.

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 in India typically ranges from ₹43,816 to ₹44,925 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 70+ salaries received from various employees of IFS India Mercantile. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IFS India Mercantile for Software Engineer in India?

Amazon	₹24.5 Lakhs to ₹55.0 Lakhs per year
JPMorgan Chase & Co.	₹10.9 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindra Bank	₹12.6 Lakhs to ₹23.0 Lakhs per year
IBM	₹6.9 Lakhs to ₹22.2 Lakhs per year
PwC	₹4.3 Lakhs to ₹16.9 Lakhs per year

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

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

The salary of a Software Engineer at companies similar to IFS India Mercantile in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deloitte	₹4.0 Lakhs to ₹17.0 Lakhs per year
Concentrix Corporation	₹4.0 Lakhs to ₹14.5 Lakhs per year
Jio	₹4.0 Lakhs to ₹16.0 Lakhs per year
Reliance Retail	₹4.0 Lakhs to ₹16.0 Lakhs per year
Wipro	₹1.9 Lakhs to ₹16.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
2 years	₹4.0 Lakhs to ₹5.9 Lakhs per year
3 years	₹4.2 Lakhs to ₹7.8 Lakhs per year
4 years	₹5.6 Lakhs to ₹8.0 Lakhs per year

and so on.

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IFS India Mercantile Software Engineer Salaries

IFS India Mercantile Software Engineer salary in India ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 75 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.