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IFS India Mercantile Softwaretest Engineer salaries in India (Updated 2025)

Annual salary range
2 - 4 years exp.
₹3.2 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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13% less than the average Softwaretest Engineer Salary for 2 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA
Softwaretest Engineer Salary
2 - 4 years exp. (37 salaries)
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₹3.2 L/yr - ₹7.5 L/yr

Quality Assurance
Softwaretest Engineer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5.6 L/yr

Last Updated: 25 Feb 2025

Companies similar to IFS India Mercantile for Softwaretest Engineer

Company name Avg Annual Salary Open Jobs
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₹6.2 L/yr - ₹7.5 L/yr

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₹2.2 L/yr - ₹5.5 L/yr

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₹2.8 L/yr - ₹10.1 L/yr

arrow icon 13% more
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TCS Softwaretest Engineer Salary

1 - 9 years exp. (6.3k salaries)

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₹1.9 L/yr - ₹10 L/yr

arrow icon 31% more
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HDFC Bank Softwaretest Engineer Salary

1 - 5 years exp. (34 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 31% more
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Infosys Softwaretest Engineer Salary

1 - 6 years exp. (2.7k salaries)

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₹1.9 L/yr - ₹9.3 L/yr

arrow icon 20% more
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₹3.7 L/yr - ₹7 L/yr

arrow icon 7% more
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Cognizant Softwaretest Engineer Salary

1 - 7 years exp. (5k salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 45% more
1 job opening
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Wipro Softwaretest Engineer Salary

1 - 7 years exp. (4.7k salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 32% more
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Tech Mahindra Softwaretest Engineer Salary

1 - 6 years exp. (4.2k salaries)

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₹1.8 L/yr - ₹9 L/yr

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Accenture Softwaretest Engineer Salary

1 - 7 years exp. (4k salaries)

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₹2.1 L/yr - ₹10.5 L/yr

arrow icon 29% more
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Capgemini Softwaretest Engineer Salary

1 - 7 years exp. (3.4k salaries)

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₹2.4 L/yr - ₹10.1 L/yr

arrow icon 32% more
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HCLTech Softwaretest Engineer Salary

1 - 6 years exp. (2.7k salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 12% more
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LTIMindtree Softwaretest Engineer Salary

1 - 6 years exp. (2.1k salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 12% more
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IBM Softwaretest Engineer Salary

2 - 7 years exp. (2k salaries)

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₹2.1 L/yr - ₹11 L/yr

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Deloitte Softwaretest Engineer Salary

2 - 6 years exp. (404 salaries)

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₹3.2 L/yr - ₹13.1 L/yr

arrow icon 48% more
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DXC Technology Softwaretest Engineer Salary

2 - 8 years exp. (332 salaries)

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₹2.4 L/yr - ₹9.7 L/yr

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₹2.5 L/yr - ₹9.7 L/yr

arrow icon 16% more
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Genpact Softwaretest Engineer Salary

2 - 5 years exp. (292 salaries)

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₹2.6 L/yr - ₹8.6 L/yr

arrow icon 12% more
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Amazon Softwaretest Engineer Salary

1 - 5 years exp. (247 salaries)

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₹2.3 L/yr - ₹10.5 L/yr

arrow icon 35% more
View all
Softwaretest Engineer salary at IFS India Mercantile ranges between ₹3.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 39 latest salaries received from various employees of IFS India Mercantile.

Latest annual salaries shared by IFS India Mercantile Softwaretest Engineer

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Experience wise IFS India Mercantile Softwaretest Engineer salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹4 L/yr - ₹4.6 L/yr
3 years  (25 salaries)

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₹3.2 L/yr - ₹6.5 L/yr
4 years  (9 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

Similar Designation salaries in IFS India Mercantile

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₹4 L/yr - ₹8 L/yr
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₹3.6 L/yr - ₹4.4 L/yr
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₹4.2 L/yr - ₹9 L/yr
Cloud Engineer Salary
(4 salaries)
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₹3.6 L/yr - ₹4.5 L/yr
Data Engineer Salary
(4 salaries)
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₹4.2 L/yr - ₹7.5 L/yr
Front end Developer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Associate Consultant Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
React Developer Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Machine Learning Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Plsql Developer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for IFS India Mercantile

4.3

Rated by 4 employees for salary & benefits

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.

read more
  • 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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IFS India Mercantile Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at IFS India Mercantile?
Softwaretest Engineer salary at IFS India Mercantile in India ranges between ₹3.2 Lakhs to ₹7.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 13% less than the average Softwaretest Engineer Salary in India. Salary estimates are based on 39 latest salaries received from various employees of IFS India Mercantile India.
How does the salary of a Softwaretest Engineer at IFS India Mercantile India compare with the average salary range for this job?
The average salary of a Softwaretest Engineer at IFS India Mercantile is 13% less than the average salary of a Softwaretest Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than IFS India Mercantile to a Softwaretest Engineer in India?
  • JPMorgan Chase & Co. Softwaretest Engineer Salary - ₹19.8 Lakhs to ₹38.0 Lakhs per year
  • Deloitte Softwaretest Engineer Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
  • Cognizant Softwaretest Engineer Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
  • DXC Technology Softwaretest Engineer Salary - ₹2.4 Lakhs to ₹9.7 Lakhs per year
  • IBM Softwaretest Engineer Salary - ₹2.1 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Softwaretest Engineer in companies similar to IFS India Mercantile in India?
  • Amazon Softwaretest Engineer Salary - ₹2.3 Lakhs to ₹10.5 Lakhs per year
  • National Stock Exchange of India Softwaretest Engineer Salary - ₹6.2 Lakhs to ₹7.5 Lakhs per year
  • Ernst & Young Softwaretest Engineer Salary - ₹2.8 Lakhs to ₹11.4 Lakhs per year
  • Capgemini Softwaretest Engineer Salary - ₹2.4 Lakhs to ₹10.1 Lakhs per year
  • Wipro Softwaretest Engineer Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
What is the estimated take home salary of a Softwaretest Engineer at IFS India Mercantile in India?
The estimated take-home salary of a Softwaretest Engineer at IFS India Mercantile ranges between ₹37,254 per month to ₹38,460 per month in India. The take-home salary calculation is based on the average IFS India Mercantile Softwaretest Engineer salary in India which ranges between ₹3.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Softwaretest Engineer at IFS India Mercantile?
According to AmbitionBox, 71% of the IFS India Mercantile Softwaretest Engineers reported a notice period of 15 days or less, 29% reported a notice period of 1 Month.This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IFS India Mercantile Softwaretest Engineer salary in India ranges between ₹3.2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.