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

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Engineering - Software & QA Data Science & Analytics IT & Information Security Quality Assurance + 1 more

Designation	Avg Annual Salary	Open Jobs
Software Engineer 2 - 4 years exp. (73 salaries)	₹4 L/yr - ₹8 L/yr
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Cloud Engineer 2 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr
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Jr Python Developer 2 years exp. (4 salaries)	₹4.8 L/yr - ₹6 L/yr
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Data Engineer 2 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr
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Associate Software Programmer 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹3 L/yr
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Java Back End Developer 2 - 3 years exp. (4 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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Quality Assurance Tester 2 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr
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Network Engineer 3 - 5 years exp. (3 salaries)	₹4.9 L/yr - ₹6.2 L/yr
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Software Tester 2 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹3.7 L/yr
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Test Engineer 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹7.8 L/yr
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ETL Developer 3 years exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr
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QA Engineer 2 - 3 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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Software Test Analyst 3 - 4 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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Software Quality Analyst 2 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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Software QA Engineer 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Python Software Developer 1 - 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Front end Developer 2 - 3 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Reactjs Developer 3 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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React Developer 3 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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ETL Test Engineer 2 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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QA Analyst 3 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Salary related reviews for IFS India Mercantile

4.1

Rated by 10 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.

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IFS India Mercantile Salary FAQs

How much does IFS India Mercantile pay per year?

The average IFS India Mercantile salary ranges from approximately ₹2.7 Lakhs to ₹3.5 Lakhs per year for a Associate Software Programmer and ₹4.2 Lakhs to ₹9 Lakhs per year for a Devops Engineer. Salary estimates are based on 75 IFS India Mercantile salaries received from various employees of IFS India Mercantile. IFS India Mercantile employees rate the overall salary and benefits package 4.1/5 stars.

What is the highest salary in IFS India Mercantile?

The highest-paying job at IFS India Mercantile is a Devops Engineer with a salary of ₹4.2 Lakhs to ₹9 Lakhs per year. The top 10% of employees earn more than ₹7 lakhs per year. The top 1% earn more than a whopping ₹10.76 lakhs per year.

What is the minimum salary in IFS India Mercantile?

Minimum salary at IFS India Mercantile depends on the role you are applying for. For Automation Test Engineer the minimum salary is ₹4.2 Lakhs to ₹4.9 Lakhs per year, and for Java Developer the minimum salary is ₹3.2 Lakhs to ₹6.3 Lakhs per year and so on.

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.

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Average annual salary for Software Engineer in IFS India Mercantile is INR . Salary estimates are based on 75 IFS India Mercantile latest salaries received from various employees of IFS India Mercantile.