M2P Solutions System Engineer Salaries by 4 Employees

1 - 10 years exp.

₹3 Lakhs - ₹12 Lakhs

Salary of majority employees

37% more than the average System Engineer Salary in Financial Services Companies for 1 - 10 years of experience

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Salaries in different departments

Engineering - Hardware & Networks System Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.5 L/yr
Engineering - Software & QA System Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.6 L/yr
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IT & Information Security System Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 19 Feb 2024

Companies similar to M2P Solutions for System Engineer

Company name	Avg Annual Salary	Open Jobs
Razorpay System Engineer Salary 1 - 12 years exp. (11 salaries)	₹7.8 L/yr - ₹15 L/yr 55% more
Paytm System Engineer Salary 1 - 4 years exp. (10 salaries)	₹2 L/yr - ₹9.5 L/yr 24% less
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PhonePe System Engineer Salary 3 - 10 years exp. (12 salaries)	₹4.5 L/yr - ₹14.7 L/yr 26% more
BillDesk System Engineer Salary 4 - 6 years exp. (3 salaries)	₹9.5 L/yr - ₹14.1 L/yr 46% more
Freecharge System Engineer Salary 1 - 4 years exp. (6 salaries)	₹4.1 L/yr - ₹5 L/yr 40% less
Multi Commodity Exchange of India System Engineer Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 39% less

System Engineer salary at M2P Solutions ranges between ₹3 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of M2P Solutions .

Experience wise M2P Solutions System Engineer salaries

Last Updated: 19 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹12 L/yr

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Salary related reviews for M2P Solutions

Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

2.0

• posted on 05 Mar 2023

3.0

for Salary and Benefits

Likes

You get salary on time You work in fintech startup so the impact of your work , even if its a bug fix, could be seen easily

Dislikes

Strong Tamil culture. They don't want to represent themselves as an Indian company. They want to be a proud Tamil company. Nothing wrong with that, but don't hire people outside from Tamil Nadu and treat them as outsiders. Poor onboarding of the freshers. You wont get any reimbursement from the company. HRs don't respond to your requests. Poor work life balance (This one is specific to my team) Very few options to eat during lunch time. (for north indians)

Job security - Poor

+3 more

Software Development Engineer 1 in Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 21 Sep 2024

2.0

for Salary and Benefits

Likes

Just one like is Salary gets credited on time apart from that is company is worst.

Dislikes

I am telling about M2P's Vikhroli Mumbai office. Apart from salary everything is worst. I suggest never join this organisation. They lay off people without informing. There is no work life balance employee stays in office till 11 in the night. There is no learning curve and they use very old technologies. They interviews candidates in Spring boot framework and tell them they gonna work in this technology but after joining company employees have to work on play framework which is not industry standards. They put people in PIP frequently and soon after that they ask them resign by your side and we will give you some salary.

Salary - Poor

+6 more

Vice President Project in Chennai

Full Time

IT & Information Security Department

1.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing Else Much to tell, as its totally internally politics and there is no scope.. Haa will receive timely salary

Dislikes

...k. M2P will collect the entire the Variable if you move out of the organization. Variable Pay wont include in Full and Final Settlement

Salary - Poor

+6 more

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 25 Oct 2024

5.0

for Salary and Benefits

Likes

M2P is deeply rooted in its traditional culture and is known for being there for their employees whom they call as family. Very happy working here, learnings are so under the roof, each day u wl have a new and different experience.. The best part is , u can talk to founders of the company thy are so approachable, no matter the designation and where you stand..

Salary - Excellent

+6 more

Dislikes

Nothing at all..

Associate Manager in Chennai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

We can able to acquire knowledge from different departments for example, If I was an operation team with zero % knowledge in tech/development but interested to lean. In this scenario we can sit with different team and we can learn a new things with manager support.

Salary - Good

+3 more

Dislikes

No ideas

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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M2P Solutions System Engineer Salary FAQs

What is the salary of System Engineer at M2P Solutions ?

The average salary of a System Engineer at M2P Solutions in India typically ranges from ₹3.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of System Engineer at M2P Solutions earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. System Engineer Salaries at M2P Solutions 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 4 M2P Solutions employees in India.

What is the estimated take home salary of a System Engineer at M2P Solutions in India?

The estimated take-home salary of a System Engineer at M2P Solutions in India typically ranges from ₹56,217 to ₹57,626 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 4 salaries received from various employees of M2P Solutions . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than M2P Solutions for System Engineer in India?

Razorpay	₹7.8 Lakhs to ₹15.0 Lakhs per year
BillDesk	₹9.5 Lakhs to ₹14.1 Lakhs per year
PhonePe	₹4.5 Lakhs to ₹14.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by M2P Solutions , depending on the role and experience level.

What is the salary of a System Engineer in companies similar to M2P Solutions in India?

The salary of a System Engineer at companies similar to M2P Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm	₹2.0 Lakhs to ₹9.5 Lakhs per year
Multi Commodity Exchange of India	₹3.0 Lakhs to ₹6.0 Lakhs per year
Freecharge	₹4.1 Lakhs to ₹5.0 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 System Engineer at M2P Solutions in India?

The salary growth for a System Engineer at M2P Solutions depends on factors such as experience, performance, and promotions. On average, a System Engineer can expect the following growth trajectory at M2P Solutions :

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹5.6 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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M2P Solutions System Engineer Salaries

M2P Solutions System Engineer salary in India ranges between ₹3 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 M2P Solutions latest salaries received from various employees of M2P Solutions .