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MasterCard Associate salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹8 Lakhs - ₹17 Lakhs
Salary of majority employees
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26% more than the average Associate Salary in FinTech Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
4 - 8 years exp. (4 salaries)
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₹3 L/yr - ₹3.5 L/yr

Finance & Accounting
Associate Salary
2 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹4.1 L/yr

Legal & Regulatory
Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹10 L/yr

Last Updated: 8 Feb 2025

Companies similar to MasterCard for Associate

Company name Avg Annual Salary Open Jobs
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Visa Associate Salary

4 - 10 years exp. (4 salaries)

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₹24 L/yr - ₹34 L/yr

arrow icon 220% more
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American Express Associate Salary

1 - 5 years exp. (34 salaries)

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₹9.5 L/yr - ₹10.8 L/yr

arrow icon 7% more
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PayPal Associate Salary

2 - 6 years exp. (6 salaries)

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₹6.8 L/yr - ₹8 L/yr

arrow icon 23% less
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State Bank of India Associate Salary

1 - 7 years exp. (147 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 30% less
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 63% less
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ICICI Bank Associate Salary

0 - 5 years exp. (119 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 68% less
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Axis Bank Associate Salary

0 - 8 years exp. (57 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 67% less
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 72% less
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Paytm Associate Salary

0 - 6 years exp. (663 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 60% less
1 job opening
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FIS Associate Salary

0 - 7 years exp. (158 salaries)

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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 56% less
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Unimoni Associate Salary

1 - 9 years exp. (155 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 59% less
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Fiserv Associate Salary

1 - 6 years exp. (126 salaries)

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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 39% less
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Western Union Associate Salary

3 - 8 years exp. (111 salaries)

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₹8.4 L/yr - ₹21.5 L/yr

arrow icon 82% more
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Saxo Bank Associate Salary

1 - 4 years exp. (61 salaries)

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₹4.5 L/yr - ₹9.5 L/yr

arrow icon 29% less
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Angel One Associate Salary

0 - 3 years exp. (21 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 68% less
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Razorpay Associate Salary

1 - 3 years exp. (21 salaries)

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₹3.5 L/yr - ₹10.6 L/yr

arrow icon 31% less
1 job opening
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₹2.2 L/yr - ₹8.2 L/yr

arrow icon 55% less
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HighRadius Associate Salary

0 - 2 years exp. (13 salaries)

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₹7.9 L/yr - ₹9.6 L/yr

arrow icon 12% less
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PhonePe Associate Salary

0 - 4 years exp. (11 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 61% less
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Hitachi Payment Services Associate Salary

1 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 76% less
View all
Associate salary at MasterCard ranges between ₹8 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 15 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Associate

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7 years exp.

Experience wise MasterCard Associate salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹14.4 L/yr
3 years  (3 salaries)

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₹5.1 L/yr - ₹13 L/yr
4 years  (4 salaries)

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₹3.5 L/yr - ₹16 L/yr
5 years  (4 salaries)

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₹3.7 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
View all

Similar Designation salaries in MasterCard

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₹7.8 L/yr - ₹29.4 L/yr
Team Lead Salary
(35 salaries)
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₹11 L/yr - ₹45 L/yr
Technical Lead Salary
(40 salaries)
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₹15.8 L/yr - ₹51 L/yr
Lead Engineer Salary
(43 salaries)
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₹16 L/yr - ₹51 L/yr
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₹13.5 L/yr - ₹21 L/yr
Senior Engineer Salary
(84 salaries)
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₹9.65 L/yr - ₹26.5 L/yr
System Engineer Salary
(13 salaries)
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₹7.51 L/yr - ₹14.6 L/yr
Java Developer Salary
(7 salaries)
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₹15.4 L/yr - ₹35 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
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₹14 L/yr - ₹25 L/yr
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Salary related reviews for MasterCard

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 08 May 2022

3.0
 for  Salary and Benefits

Likes

I am working since 7yrs in Mastercard The company policies, work culture are good. You can easily do internal job change and career movement. Overa it's good experience.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is not enough as compared with other companies.

Engineering - Software & QA Department

3.0
  •  posted on 19 May 2018

3.0
 for  Salary and Benefits

Likes

Job security was best a year back but the company has started to go for third party vendors to get job done so it has reduced number of employees being hired on company payroll drastically. It has best facilities in terms of no of leaves ,maternity leaves, paternity leaves,medical insurance , term insurance , travel insurance policies. Work life balance depends on a project that you are working. Work from home facilities available with prior manager approvals.

read more
  • Job security - Good
  • +2 more

Dislikes

...ducts which could help Freshers or new joiners to learn product domain faster. Salary: Salary for new joiners is on the basis of the position they are applying for. They have certain salary band for each position. you may be given low/mid/high depending your current CTC. Appraisal:They are following a stack ranking for comparing performance of same position ed individuals in a team. Percentage of appraisal varies from max 15% to 0% , 0% for 4 rated individuals whrere 1 rating means exceeds expectations and 4 being partially met. Have seen lot of politics and favourism being done by managers.Overall I would say it's a good company for new joiners. In this company your position is everything in terms of your CTC.

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 23 Sep 2024

4.0
 for  Salary and Benefits

Likes

They offer best compensation in industry

  • Salary - Good

Dislikes

Politically driven BFC in Gurgaon where couple of directors are driving a culture of favouritism and who would like to throw team members under the bus rather than owing to their own mistakes.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 16 Jun 2023

3.0
 for  Salary and Benefits

Likes

There is job security and perks are better than most other companies in the same sector.

  • Job security - Excellent
  • +1 more

Dislikes

However, compared to It's direct competitors it's compensation is low.. No work from home is allowed for long term and this lack of flexibility is a serious disadvantage..

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 13 Jun 2022

1.0
 for  Salary and Benefits

Likes

Work life balance Thats it nothing else

  • Work-life balance - Good

Dislikes

1. Salary compared to 2000’s paycheck, and as per HR it’s market standard 2. Like a big MNC which thinks india as a hub for less money will work 24*7 3. Won’t fire anyone but would make scenarios as such that the employee would eventually leave 4. No retain policy, as they think MasterCard is a brand anyone would die to replace you. ( 5-6 position have been closed in a year as no one joined as replacement this is the brand value) 5. Acquires small companies and then treat their employees as step employees

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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MasterCard Associate Salary FAQs

What is the salary of Associate at MasterCard?
Associate salary at MasterCard in India ranges between ₹8.0 Lakhs to ₹17.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 26% more than the average Associate Salary in India. Salary estimates are based on 15 latest salaries received from various employees of MasterCard India.
How does the salary of a Associate at MasterCard India compare with the average salary range for this job?
The average salary of a Associate at MasterCard is 26% more than the average salary of a Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than MasterCard to a Associate in India?
  • Visa Associate Salary - ₹24.0 Lakhs to ₹34.0 Lakhs per year
  • Western Union Associate Salary - ₹8.4 Lakhs to ₹21.5 Lakhs per year
  • American Express Associate Salary - ₹9.5 Lakhs to ₹10.8 Lakhs per year
What is the salary of a Associate in companies similar to MasterCard in India?
  • HighRadius Associate Salary - ₹7.9 Lakhs to ₹9.6 Lakhs per year
  • PayPal Associate Salary - ₹6.8 Lakhs to ₹8.0 Lakhs per year
  • Saxo Bank Associate Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
  • State Bank of India Associate Salary - ₹3.0 Lakhs to ₹11.4 Lakhs per year
  • Razorpay Associate Salary - ₹3.5 Lakhs to ₹10.6 Lakhs per year
What is the estimated take home salary of a Associate at MasterCard in India?
The estimated take-home salary of a Associate at MasterCard ranges between ₹68,916 per month to ₹70,685 per month in India. The take-home salary calculation is based on the average MasterCard Associate salary in India which ranges between ₹8.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Associate at MasterCard?
According to AmbitionBox, 38% of the MasterCard Associates reported a notice period of 15 days or less, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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MasterCard Associate salary in India ranges between ₹8 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 MasterCard latest salaries received from various employees of MasterCard.

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