IFS India Mercantile Pune Software Engineer Salaries by 60+ Employees (Updated 2024)

2 - 3 years exp.

₹4 Lakhs - ₹7.5 Lakhs

Salary of majority employees

35% less than the average Software Engineer Salary for 2 - 3 years of experience

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Last Updated: 7 Nov 2024

Companies similar to IFS India Mercantile for Software Engineer in Pune

IFS India Mercantile Software Engineer Salary

2 - 3 years exp. (62 salaries)

₹4 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 8 years exp. (1.8k salaries)	₹2 L/yr - ₹10.5 L/yr 26% more
HDFC Bank Software Engineer Salary 1 - 6 years exp. (5 salaries)	₹4.9 L/yr - ₹8 L/yr 49% more
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Infosys Software Engineer Salary 0 - 6 years exp. (734 salaries)	₹1.7 L/yr - ₹11 L/yr 19% more
Tech Mahindra Software Engineer Salary 0 - 8 years exp. (4.2k salaries)	₹2.1 L/yr - ₹10 L/yr 10% more	2 job openings
Capgemini Software Engineer Salary 0 - 8 years exp. (2.9k salaries)	₹2 L/yr - ₹10.7 L/yr 11% more	43 job openings
LTIMindtree Software Engineer Salary 0 - 7 years exp. (2.6k salaries)	₹2 L/yr - ₹9.7 L/yr 13% more	1 job opening
Cognizant Software Engineer Salary 0 - 8 years exp. (1.8k salaries)	₹2.3 L/yr - ₹15 L/yr 59% more	12 job openings
Accenture Software Engineer Salary 0 - 7 years exp. (1.8k salaries)	₹3 L/yr - ₹12 L/yr 45% more
Wipro Software Engineer Salary 0 - 8 years exp. (1.2k salaries)	₹2.2 L/yr - ₹15.4 L/yr 59% more	2 job openings
HCLTech Software Engineer Salary 0 - 7 years exp. (1.2k salaries)	₹2 L/yr - ₹8.1 L/yr 13% less	1 job opening
IBM Software Engineer Salary 0 - 9 years exp. (529 salaries)	₹4.3 L/yr - ₹21.1 L/yr 114% more	13 job openings
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JPMorgan Chase & Co. Software Engineer Salary 1 - 11 years exp. (80 salaries)	₹10.4 L/yr - ₹35 L/yr 365% more	16 job openings
Deloitte Software Engineer Salary 1 - 7 years exp. (43 salaries)	₹4.2 L/yr - ₹15 L/yr 86% more
Genpact Software Engineer Salary 2 - 6 years exp. (38 salaries)	₹3.5 L/yr - ₹11.1 L/yr 53% more	1 job opening
Ernst & Young Software Engineer Salary 1 - 7 years exp. (36 salaries)	₹4.6 L/yr - ₹13.8 L/yr 72% more
Amazon Software Engineer Salary 0 - 5 years exp. (29 salaries)	₹23.5 L/yr - ₹48.9 L/yr 451% more
Concentrix Corporation Software Engineer Salary 2 - 6 years exp. (20 salaries)	₹3.4 L/yr - ₹13.8 L/yr 64% more	8 job openings
PwC Software Engineer Salary 2 - 7 years exp. (16 salaries)	₹4.5 L/yr - ₹12 L/yr 102% more
Axis Bank Software Engineer Salary 2 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹11.3 L/yr 31% more

Software Engineer salary at IFS India Mercantile ranges between ₹4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 62 latest salaries received from various employees of IFS India Mercantile.

Experience wise IFS India Mercantile Software Engineer salaries in Pune

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
2 years (24 salaries)	₹4 L/yr - ₹5.9 L/yr
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3 years (38 salaries)	₹4.2 L/yr - ₹7.5 L/yr

Similar Designation salaries in IFS India Mercantile

Software Developer Salary

(50 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Java Developer Salary

(8 salaries)

₹4 L/yr - ₹6.3 L/yr

Salary related reviews for IFS India Mercantile

4.3

Rated by 8 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.

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IFS India Mercantile Software Engineer Salary FAQs

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

Software Engineer salary at IFS India Mercantile in Pune ranges between ₹4.0 Lakhs to ₹7.5 Lakhs for experience between 2 years to 3 years. According to our estimates it is 35% less than the average Software Engineer Salary in India. Salary estimates are based on 62 latest salaries received from various employees of IFS India Mercantile Pune.

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

The average salary of a Software Engineer at IFS India Mercantile is 35% less than the average salary of a Software Engineer in Pune. To know exact salary insights, login to view.

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

Amazon Software Engineer Salary - ₹23.5 Lakhs to ₹48.9 Lakhs per year
JPMorgan Chase & Co. Software Engineer Salary - ₹10.4 Lakhs to ₹35.0 Lakhs per year
IBM Software Engineer Salary - ₹4.3 Lakhs to ₹21.1 Lakhs per year
PwC Software Engineer Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
Deloitte Software Engineer Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year

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

Ernst & Young Software Engineer Salary - ₹4.6 Lakhs to ₹13.8 Lakhs per year
Concentrix Corporation Software Engineer Salary - ₹3.4 Lakhs to ₹13.8 Lakhs per year
Wipro Software Engineer Salary - ₹2.2 Lakhs to ₹15.4 Lakhs per year
Cognizant Software Engineer Salary - ₹2.3 Lakhs to ₹15.0 Lakhs per year
Genpact Software Engineer Salary - ₹3.5 Lakhs to ₹11.1 Lakhs per year

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

The estimated take-home salary of a Software Engineer at IFS India Mercantile ranges between ₹39,117 per month to ₹40,295 per month in Pune. 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 ₹7.5 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 in Pune?

According to AmbitionBox, 73% of the IFS India Mercantile Software Engineers in Pune reported a notice period of 15 days or less, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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IFS India Mercantile Software Engineer Salaries in Pune

IFS India Mercantile Software Engineer salary in Pune ranges between ₹4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.