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MasterCard Software Developer salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹6.9 Lakhs - ₹30 Lakhs
Salary of majority employees
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101% more than the average Software Developer Salary in FinTech Companies for 0 - 6 years of experience

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Last Updated: 15 Mar 2025

Companies similar to MasterCard for Software Developer

Company name Avg Annual Salary Open Jobs
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Google Software Developer Salary

0 - 15 years exp. (1.2k salaries)

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₹27.3 L/yr - ₹65.2 L/yr

arrow icon 139% more
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Microsoft Corporation Software Developer Salary

0 - 6 years exp. (734 salaries)

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₹15 L/yr - ₹54 L/yr

arrow icon 89% more
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Amazon Software Developer Salary

0 - 7 years exp. (1.7k salaries)

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₹12.6 L/yr - ₹55 L/yr

arrow icon 86% more
9 job openings
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Adobe Software Developer Salary

1 - 10 years exp. (119 salaries)

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₹20.4 L/yr - ₹50 L/yr

arrow icon 77% more
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IBM Software Developer Salary

0 - 11 years exp. (4.6k salaries)

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₹10.2 L/yr - ₹30 L/yr

arrow icon 8% more
14 job openings
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Oracle Software Developer Salary

0 - 8 years exp. (1.3k salaries)

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₹8 L/yr - ₹32 L/yr

arrow icon 8% more
39 job openings
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SAP Software Developer Salary

1 - 9 years exp. (1.1k salaries)

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₹8.1 L/yr - ₹32 L/yr

arrow icon 17% more
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Cisco Software Developer Salary

1 - 10 years exp. (340 salaries)

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₹10 L/yr - ₹34 L/yr

arrow icon 46% more
1 job opening
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Intel Software Developer Salary

2 - 11 years exp. (116 salaries)

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₹20.1 L/yr - ₹48 L/yr

arrow icon 72% more
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Dell Software Developer Salary

0 - 8 years exp. (271 salaries)

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₹5 L/yr - ₹20.1 L/yr

arrow icon 29% less
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Fiserv Software Developer Salary

1 - 9 years exp. (345 salaries)

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₹9.4 L/yr - ₹21.9 L/yr

arrow icon 17% less
1 job opening
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Paytm Software Developer Salary

1 - 5 years exp. (243 salaries)

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₹7 L/yr - ₹27.6 L/yr

arrow icon 7% less
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Insolutions Global Software Developer Salary

1 - 5 years exp. (147 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 66% less
2 job openings
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HDFC Bank Software Developer Salary

1 - 10 years exp. (136 salaries)

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₹9.6 L/yr - ₹17.8 L/yr

arrow icon 33% less
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₹3.2 L/yr - ₹10.9 L/yr

arrow icon 62% less
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KFintech Software Developer Salary

1 - 5 years exp. (110 salaries)

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₹2.8 L/yr - ₹10.4 L/yr

arrow icon 54% less
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PayPal Software Developer Salary

0 - 6 years exp. (100 salaries)

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₹11 L/yr - ₹36.8 L/yr

arrow icon 51% more
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Razorpay Software Developer Salary

0 - 4 years exp. (76 salaries)

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₹7 L/yr - ₹26.4 L/yr

arrow icon 2% less
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PhonePe Software Developer Salary

1 - 6 years exp. (64 salaries)

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₹22.7 L/yr - ₹48.6 L/yr

arrow icon 64% more
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American Express Software Developer Salary

0 - 6 years exp. (63 salaries)

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₹8.6 L/yr - ₹32.7 L/yr

arrow icon 9% more
View all
Software Developer salary at MasterCard ranges between ₹6.9 Lakhs to ₹30 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 93 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Developer

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Experience wise MasterCard Software Developer salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹9 L/yr - ₹20.5 L/yr
1 year  (11 salaries)

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₹11 L/yr - ₹20 L/yr
2 years  (9 salaries)

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₹7.5 L/yr - ₹24 L/yr
3 years  (14 salaries)

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₹7.2 L/yr - ₹22 L/yr
4 years  (21 salaries)

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₹6.8 L/yr - ₹30 L/yr
View all

Similar Designation salaries in MasterCard

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₹14 L/yr - ₹25 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.8 L/yr
Java Developer Salary
(6 salaries)
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₹15.4 L/yr - ₹35 L/yr
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₹11.33 L/yr - ₹36.5 L/yr
Software Engineer Salary
(248 salaries)
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₹6.25 L/yr - ₹22.82 L/yr
Plsql Developer Salary
(AmbitionBox Estimate)
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₹7.1 L/yr - ₹9.1 L/yr
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₹8.1 L/yr - ₹10.4 L/yr
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₹6.6 L/yr - ₹21 L/yr
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₹20 L/yr - ₹63.25 L/yr
Senior Engineer Salary
(84 salaries)
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₹9.65 L/yr - ₹26.5 L/yr

Salary related reviews for MasterCard

4.3

Rated by 13 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.

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Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 21 Feb 2025

5.0
 for  Salary and Benefits

Likes

brand name; good salary- pays well above market (that locks in employees basically); job security; exceptional parental leave policy (both maternal and paternal); best in class health insurance (have not seen this anywhere); 20 days work from anywhere policy (can work from anywhere in the world); generally empathetic culture where people acknowledge you have a life and family and allow exceptions without the guilt trip

read more
  • Salary - Excellent
  • +3 more

Dislikes

very little opportunity to create impact at scale as this company is a behemoth- policy, culture, systems- everything contributes to the general lethargy; products dont have great India market fit as Indian market has changed rapidly before Mastercard caught up (possibly cannot catch up)- this demotivates team a lot

read more
  • Skill development - Poor

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
see more salary related reviews

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MasterCard Software Developer Salary FAQs

What is the salary of Software Developer at MasterCard ?
The average salary of a Software Developer at MasterCard in India typically ranges from ₹6.9 Lakhs to ₹30.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Developer at MasterCard earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Software Developer Salaries at MasterCard 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 90+ MasterCard employees in India.
What is the estimated take home salary of a Software Developer at MasterCard in India?
The estimated take-home salary of a Software Developer at MasterCard in India typically ranges from ₹1,14,159 to ₹1,17,338 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 90+ salaries received from various employees of MasterCard. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MasterCard for Software Developer in India?
Google ₹27.3 Lakhs to ₹65.2 Lakhs per year
Microsoft Corporation ₹15.0 Lakhs to ₹54.0 Lakhs per year
Amazon ₹12.6 Lakhs to ₹55.0 Lakhs per year
Adobe ₹20.4 Lakhs to ₹50.0 Lakhs per year
Intel ₹20.1 Lakhs to ₹48.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MasterCard, depending on the role and experience level.
What is the salary of a Software Developer in companies similar to MasterCard in India?
The salary of a Software Developer at companies similar to MasterCard in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PhonePe ₹22.7 Lakhs to ₹48.6 Lakhs per year
PayPal ₹11.0 Lakhs to ₹36.8 Lakhs per year
Cisco ₹10.0 Lakhs to ₹34.0 Lakhs per year
Saxo Bank ₹12.0 Lakhs to ₹32.0 Lakhs per year
Visa ₹8.8 Lakhs to ₹29.7 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 Software Developer at MasterCard in India?
The salary growth for a Software Developer at MasterCard depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at MasterCard:

Experience Average Salary Range
Fresher ₹9.0 Lakhs to ₹20.5 Lakhs per year
1 year ₹11.0 Lakhs to ₹20.0 Lakhs per year
2 years ₹7.5 Lakhs to ₹24.0 Lakhs per year
3 years ₹7.2 Lakhs to ₹22.0 Lakhs per year
and so on.

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MasterCard Software Developer salary in India ranges between ₹6.9 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 93 MasterCard latest salaries received from various employees of MasterCard.