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MasterCard Software Development Engineer II salaries in India (Updated 2025)

Annual salary range
3 - 7 years exp.
₹9 Lakhs - ₹25 Lakhs
Salary of majority employees
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Fixed (94%)
₹17.4 Lakhs
Variable (6%)
₹1.0 Lakh
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32% less than the average Software Development Engineer II Salary in FinTech Companies for 3 - 7 years of experience

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Last Updated: 1 Mar 2025

Companies similar to MasterCard for Software Development Engineer II

Company name Avg Annual Salary Open Jobs
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Google Software Development Engineer II Salary

1 - 11 years exp. (50 salaries)

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₹15.4 L/yr - ₹55 L/yr

arrow icon 105% more
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Amazon Software Development Engineer II Salary

2 - 9 years exp. (850 salaries)

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₹25 L/yr - ₹93 L/yr

arrow icon 191% more
93 job openings
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₹21 L/yr - ₹72 L/yr

arrow icon 130% more
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Adobe Software Development Engineer II Salary

1 - 4 years exp. (92 salaries)

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₹14 L/yr - ₹43.5 L/yr

arrow icon 54% more
1 job opening
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₹16 L/yr - ₹49.5 L/yr

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₹16.1 L/yr - ₹40 L/yr

arrow icon 54% more
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Paytm Software Development Engineer II Salary

2 - 8 years exp. (11 salaries)

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₹14.1 L/yr - ₹40 L/yr

arrow icon 54% more
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Uber Software Development Engineer II Salary

2 - 5 years exp. (31 salaries)

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₹27 L/yr - ₹85 L/yr

arrow icon 234% more
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₹19 L/yr - ₹58 L/yr

arrow icon 98% more
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IBM Software Development Engineer II Salary

2 - 8 years exp. (16 salaries)

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₹18 L/yr - ₹33 L/yr

arrow icon 33% more
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₹16.7 L/yr - ₹39 L/yr

arrow icon 51% more
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₹15 L/yr - ₹44.5 L/yr

arrow icon 44% more
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Fiserv Software Development Engineer II Salary

4 - 11 years exp. (31 salaries)

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₹9.3 L/yr - ₹36.3 L/yr

arrow icon 11% more
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₹17.7 L/yr - ₹26.4 L/yr

arrow icon 17% more
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₹18.7 L/yr - ₹62.7 L/yr

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₹13.1 L/yr - ₹30.7 L/yr

arrow icon 5% less
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₹22 L/yr - ₹35 L/yr

arrow icon 46% more
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₹16 L/yr - ₹42 L/yr

arrow icon 56% more
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₹17 L/yr - ₹25 L/yr

arrow icon 8% more
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₹16 L/yr - ₹24 L/yr

arrow icon 1% more

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Software Development Engineer II salary at MasterCard ranges between ₹9 Lakhs to ₹25 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 123 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Development Engineer II

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Experience wise MasterCard Software Development Engineer II salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
3 years  (12 salaries)

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₹9.2 L/yr - ₹21 L/yr
4 years  (34 salaries)

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₹9 L/yr - ₹24.5 L/yr
5 years  (36 salaries)

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₹9.5 L/yr - ₹25 L/yr
6 years  (24 salaries)

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₹10.5 L/yr - ₹25 L/yr
7 years  (17 salaries)

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₹10 L/yr - ₹22 L/yr
MasterCard Software Development Engineer II Salary and Career Growth

From

To

Software Development Engineer II

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3 - 7 years exp.

Technical Lead

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10 - 15 years exp.

Software Development Engineer II 3 - 7 years exp.
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Senior Software Engineer 4 - 14 years exp.
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arrow icon 65% hike
    Technical Lead 10 - 15 years exp.
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    arrow icon 45% hike

    From

    1 more level

    To

    Software Development Engineer II

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    3 - 7 years exp.

    Lead Software Engineer

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    9 - 16 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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    System Engineer Salary
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    Senior Engineer Salary
    (83 salaries)
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    ₹9.61 L/yr - ₹26.5 L/yr
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    ₹4 L/yr - ₹13 L/yr
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    ₹24 L/yr - ₹63.25 L/yr

    Top skills at MasterCard for Software Development Engineer II

    Java Software Development SOAP JUnit Gradle Aop Test Cases Information Technology Kafka Javascript Rest Github Spring Boot GIT J2Ee

    Salary related reviews for MasterCard

    3.5

    Rated by 4 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 Software Development Engineer II Salary FAQs

    What is the salary of Software Development Engineer II at MasterCard?
    Software Development Engineer II salary at MasterCard in India ranges between ₹9.0 Lakhs to ₹25.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 32% less than the average Software Development Engineer II Salary in India. Salary estimates are based on 123 latest salaries received from various employees of MasterCard India.
    How does the salary of a Software Development Engineer II at MasterCard India compare with the average salary range for this job?
    The average salary of a Software Development Engineer II at MasterCard is 32% less than the average salary of a Software Development Engineer II in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Software Development Engineer II at MasterCard?
    Java, Software Development, SOAP, JUnit and Gradle are some of the popular skills required to work as a Software Development Engineer II at MasterCard India.
    Which similar companies are paying more than MasterCard to a Software Development Engineer II in India?
    • Uber Software Development Engineer II Salary - ₹27.0 Lakhs to ₹85.0 Lakhs per year
    • Amazon Software Development Engineer II Salary - ₹25.0 Lakhs to ₹93.0 Lakhs per year
    • Microsoft Corporation Software Development Engineer II Salary - ₹21.0 Lakhs to ₹72.0 Lakhs per year
    • Kotak Mahindra Bank Software Development Engineer II Salary - ₹18.7 Lakhs to ₹62.7 Lakhs per year
    • Google Software Development Engineer II Salary - ₹15.4 Lakhs to ₹55.0 Lakhs per year
    What is the salary of a Software Development Engineer II in companies similar to MasterCard in India?
    • Salesforce Software Development Engineer II Salary - ₹19.0 Lakhs to ₹58.0 Lakhs per year
    • Flipkart Software Development Engineer II Salary - ₹16.0 Lakhs to ₹49.5 Lakhs per year
    • PhonePe Software Development Engineer II Salary - ₹16.0 Lakhs to ₹42.0 Lakhs per year
    • Paytm Software Development Engineer II Salary - ₹14.1 Lakhs to ₹40.0 Lakhs per year
    • Adobe Software Development Engineer II Salary - ₹14.0 Lakhs to ₹43.5 Lakhs per year
    What is the estimated take home salary of a Software Development Engineer II at MasterCard in India?
    The estimated take-home salary of a Software Development Engineer II at MasterCard ranges between ₹1,23,217 per month to ₹1,26,902 per month in India. The take-home salary calculation is based on the average MasterCard Software Development Engineer II salary in India which ranges between ₹9.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?
    What is the notice period for Software Development Engineer II at MasterCard?
    According to AmbitionBox, 45% of the MasterCard Software Development Engineer IIs reported a notice period of 3 Months, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    MasterCard Software Development Engineer II salary in India ranges between ₹9 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 123 MasterCard latest salaries received from various employees of MasterCard.