MasterCard Senior Software Development Engineer Salaries by 100+ Employees (Updated 2025)

5 - 11 years exp.

₹11.4 Lakhs - ₹31 Lakhs

Salary of majority employees

51% more than the average Senior Software Development Engineer Salary in FinTech Companies for 5 - 11 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Software Development Engineer Salary 5 - 11 years exp. (94 salaries)	₹11.1 L/yr - ₹31 L/yr
Engineering - Hardware & Networks Senior Software Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹8.4 L/yr - ₹15 L/yr
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BFSI, Investments & Trading Senior Software Development Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹13.6 L/yr - ₹25.5 L/yr
IT & Information Security Senior Software Development Engineer Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹30 L/yr

Last Updated: 3 Jan 2025

Companies similar to MasterCard for Senior Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Google Senior Software Development Engineer Salary 5 - 15 years exp. (20 salaries)	₹25 L/yr - ₹74 L/yr 92% more
Amazon Senior Software Development Engineer Salary 4 - 10 years exp. (31 salaries)	₹24 L/yr - ₹1 Cr/yr 122% more	4 job openings
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Microsoft Corporation Senior Software Development Engineer Salary 6 - 15 years exp. (25 salaries)	₹37 L/yr - ₹98 L/yr 148% more
Adobe Senior Software Development Engineer Salary 3 years exp. (4 salaries)	₹5.8 L/yr - ₹25 L/yr 45% less
Flipkart Senior Software Development Engineer Salary 2 - 10 years exp. (10 salaries)	₹20 L/yr - ₹62.6 L/yr 49% more
Paytm Senior Software Development Engineer Salary 3 - 6 years exp. (20 salaries)	₹9.1 L/yr - ₹30 L/yr 21% less
Ola Cabs Senior Software Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹26 L/yr - ₹50 L/yr 31% more
Uber Senior Software Development Engineer Salary 3 - 13 years exp. (6 salaries)	₹26 L/yr - ₹95 L/yr 137% more
IBM Senior Software Development Engineer Salary 2 - 12 years exp. (104 salaries)	₹6.7 L/yr - ₹24.1 L/yr 39% less	2 job openings
Oracle Senior Software Development Engineer Salary 4 - 10 years exp. (56 salaries)	₹14 L/yr - ₹37.5 L/yr 10% less
FIS Senior Software Development Engineer Salary 4 - 9 years exp. (57 salaries)	₹6 L/yr - ₹22 L/yr 50% less
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Fiserv Senior Software Development Engineer Salary 3 - 7 years exp. (56 salaries)	₹5.8 L/yr - ₹20.2 L/yr 47% less
Razorpay Senior Software Development Engineer Salary 2 - 8 years exp. (30 salaries)	₹22 L/yr - ₹45 L/yr 32% more
PayPal Senior Software Development Engineer Salary 3 - 8 years exp. (13 salaries)	₹18.1 L/yr - ₹54 L/yr 53% more
Visa Senior Software Development Engineer Salary 3 - 9 years exp. (12 salaries)	₹22 L/yr - ₹36.1 L/yr 19% more
BankBazaar Senior Software Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹20 L/yr - ₹31 L/yr 5% less
Saxo Bank Senior Software Development Engineer Salary 10 - 12 years exp. (4 salaries)	₹30 L/yr - ₹33 L/yr 21% more
HighRadius Senior Software Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr 43% less
Broadridge Financial Solutions Senior Software Development Engineer Salary 3 - 7 years exp. (3 salaries)	₹7.3 L/yr - ₹13.5 L/yr 58% less
PhonePe Senior Software Development Engineer Salary 4 - 8 years exp. (3 salaries)	₹30.5 L/yr - ₹40 L/yr 37% more

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Senior Software Development Engineer salary at MasterCard ranges between ₹11.4 Lakhs to ₹31 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 108 latest salaries received from various employees of MasterCard.

Experience wise MasterCard Senior Software Development Engineer salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
5 years (7 salaries)	₹10.7 L/yr - ₹26 L/yr
6 years (18 salaries)	₹11.1 L/yr - ₹27.2 L/yr
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7 years (16 salaries)	₹11.6 L/yr - ₹30 L/yr
8 years (16 salaries)	₹13.6 L/yr - ₹31 L/yr
9 years (22 salaries)	₹13.6 L/yr - ₹31 L/yr
10 years (17 salaries)	₹15 L/yr - ₹30 L/yr
11 years (12 salaries)	₹15.3 L/yr - ₹30 L/yr

View all

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Application Development Analyst Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Top skills at MasterCard for Senior Software Development Engineer

Java Software Development Rest Java Oracle HTML Spring Boot CSS Software Development Angularjs Hibernate Javascript Technical Support Project Management C

Salary related reviews for MasterCard

3.7

Rated by 6 employees for salary & benefits

Senior Software Development Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 02 May 2022

4.0

for Salary and Benefits

Likes

...olicies are employee friendly. 3) Paternity leave is equal to maternity leave. 4) Insurance and salary structure is good. 5) Variable is always above 100%. 6) Hike and share rewards are good.

Dislikes

1) Management is rigid and not ready to accept change. 2) existing people have their own groups and are dominating. 3) Managers doesn't appriciate and value real work.

Associate Software Engineer in Pune

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.

Dislikes

Salary hike is not enough as compared with other companies.

Software Engineer in Pune

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.

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.

Manager in Gurgaon / Gurugram

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

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.

Associate Managing Consultant in Gurgaon / Gurugram

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.

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..

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about MasterCard

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spectacularawa

works at

Virtusa Consulting Services

Bmc Software or MasterCard , which one to select ?

I have offers from BMC Software, for Product Developer- 1, Fixed 18L + 10 % variable = 19.8L and MasterCard for Software Engineer 2 , Fixed 20L + 7 % variable = 21.4 L , and Joining bonus of 1L = 22.4 L I have around 3 years of experience in Java, Spring Boot , Microservices, Could you please guide, which one should I prefer ?

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MasterCard Senior Software Development Engineer Salary FAQs

What is the salary of Senior Software Development Engineer at MasterCard?

Senior Software Development Engineer salary at MasterCard in India ranges between ₹11.4 Lakhs to ₹31.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 51% more than the average Senior Software Development Engineer Salary in India. Salary estimates are based on 108 latest salaries received from various employees of MasterCard India.

How does the salary of a Senior Software Development Engineer at MasterCard India compare with the average salary range for this job?

The average salary of a Senior Software Development Engineer at MasterCard is 51% more than the average salary of a Senior Software Development Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Software Development Engineer at MasterCard?

Java, Software Development, Rest, Java and Oracle are some of the popular skills required to work as a Senior Software Development Engineer at MasterCard India.

Which similar companies are paying more than MasterCard to a Senior Software Development Engineer in India?

Microsoft Corporation Senior Software Development Engineer Salary - ₹37.0 Lakhs to ₹98.0 Lakhs per year
Uber Senior Software Development Engineer Salary - ₹26.0 Lakhs to ₹95.0 Lakhs per year
Amazon Senior Software Development Engineer Salary - ₹24.0 Lakhs to ₹102.0 Lakhs per year
Google Senior Software Development Engineer Salary - ₹25.0 Lakhs to ₹74.0 Lakhs per year
PayPal Senior Software Development Engineer Salary - ₹18.1 Lakhs to ₹54.0 Lakhs per year

What is the salary of a Senior Software Development Engineer in companies similar to MasterCard in India?

American Express Senior Software Development Engineer Salary - ₹25.3 Lakhs to ₹56.0 Lakhs per year
Flipkart Senior Software Development Engineer Salary - ₹20.0 Lakhs to ₹62.6 Lakhs per year
PhonePe Senior Software Development Engineer Salary - ₹30.5 Lakhs to ₹40.0 Lakhs per year
Razorpay Senior Software Development Engineer Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
Ola Cabs Senior Software Development Engineer Salary - ₹26.0 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Senior Software Development Engineer at MasterCard in India?

The estimated take-home salary of a Senior Software Development Engineer at MasterCard ranges between ₹1,63,298 per month to ₹1,69,544 per month in India. The take-home salary calculation is based on the average MasterCard Senior Software Development Engineer salary in India which ranges between ₹11.4 Lakhs to ₹31.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Software Development Engineer at MasterCard?

According to AmbitionBox, 83% of the MasterCard Senior Software Development Engineers reported a notice period of 3 Months, 14% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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MasterCard Senior Software Development Engineer Salaries

MasterCard Senior Software Development Engineer salary in India ranges between ₹11.4 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 108 MasterCard latest salaries received from various employees of MasterCard.