MasterCard Software Development Engineer Lead Salaries by 20+ Employees (Updated 2025)

9 - 16 years exp.

₹20 Lakhs - ₹53 Lakhs

Salary of majority employees

Fixed (87%)

₹37 Lakhs

Variable (13%)

₹5.5 Lakhs

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41% more than the average Software Development Engineer Lead Salary in FinTech Companies for 9 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Software Development Engineer Lead Salary 11 - 16 years exp. (12 salaries)	Unlock ₹27 L/yr - ₹53 L/yr
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Project & Program Management Software Development Engineer Lead Salary 11 - 15 years exp. (4 salaries)	Unlock ₹30.3 L/yr - ₹43.5 L/yr

Last Updated: 5 Mar 2025

Companies similar to MasterCard for Software Development Engineer Lead

Company name	Avg Annual Salary	Open Jobs
Freecharge Software Development Engineer Lead Salary 4 - 7 years exp. (21 salaries)	Unlock ₹14.4 L/yr - ₹32 L/yr 41% less	2 job openings
CSG International Software Development Engineer Lead Salary 8 - 15 years exp. (20 salaries)	Unlock ₹23 L/yr - ₹38 L/yr 21% less
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AFour Technologies Software Development Engineer Lead Salary 5 - 8 years exp. (15 salaries)	Unlock ₹10 L/yr - ₹21.5 L/yr 58% less
Altair Engineering Software Development Engineer Lead Salary 3 - 9 years exp. (10 salaries)	Unlock ₹9.5 L/yr - ₹30 L/yr 54% less
McAfee Software Development Engineer Lead Salary 10 - 14 years exp. (7 salaries)	Unlock ₹20 L/yr - ₹33 L/yr 36% less

Software Development Engineer Lead salary at MasterCard ranges between ₹20 Lakhs to ₹53 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 21 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Development Engineer Lead

2d ago

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15 years exp.

1mo ago

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16 years exp.

1mo ago

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16 years exp.

7mo ago

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14 years exp.

1y ago

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15 years exp.

1y ago

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13 years exp.

1y ago

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13 years exp.

1y ago

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11 years exp.

1y ago

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14 years exp.

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11 years exp.

Experience wise MasterCard Software Development Engineer Lead salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	Unlock ₹25 L/yr - ₹69.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹34 L/yr - ₹71.5 L/yr
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11 years (5 salaries)	Unlock ₹20 L/yr - ₹43 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹27 L/yr - ₹75.5 L/yr
13 years (4 salaries)	Unlock ₹29 L/yr - ₹43.5 L/yr
14 years (4 salaries)	Unlock ₹28.6 L/yr - ₹45 L/yr
15+ years (4 salaries)	Unlock ₹43.5 L/yr - ₹53 L/yr

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₹7.51 L/yr - ₹14.6 L/yr

Senior Engineer Salary

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₹9.65 L/yr - ₹26.5 L/yr

Associate Software Engineer Salary

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₹4 L/yr - ₹13 L/yr

Application Development Analyst Salary

(AmbitionBox Estimate)

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₹15.8 L/yr - ₹20.1 L/yr

Lead Software Engineer Salary

(150 salaries)

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₹20 L/yr - ₹63.25 L/yr

Top skills at MasterCard for Software Development Engineer Lead

Integration Testing PaaS Information Security Corporate Security Performance Engineering Coding Manual Testing Testing Tools

Salary related reviews for MasterCard

4.0

Rated by 1 employees for salary & benefits

Software Development Engineer Lead in Pune

Engineering - Software & QA Department

3.0

• posted on 13 Dec 2021

4.0

for Salary and Benefits

Likes

Policies like leaves, compensation etc are good.

Salary - Good

Dislikes

Any company is as good as is its leaders. Incompetent people captured high positions and lack the ability to take decisions. Yes Boss is the overall culture. Mid-senior leaders don't have courage to question anything from their supervisors. Everyone seems saving their skin. This has killed the overall culture. Mediocracy is rewarded and good talent leave the company because of frustration, desperation. Official Decency policy is most misused inside the company. People take advantage of Decency quotient and display unprofessional behaviour towards colleagues. Your job is not in danger unless you slap someone. However this culture matches with most of the Finance Services Captives in Pune.

Promotions - Bad

+2 more

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.

Skill development - Good

+5 more

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.

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.

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

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.

Job security - Bad

+4 more

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.

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..

Skill development - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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MasterCard Software Development Engineer Lead Salary FAQs

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

Software Development Engineer Lead salary at MasterCard in India ranges between ₹20.0 Lakhs to ₹53.0 Lakhs for experience between 9 years to 16 years. According to our estimates it is 41% more than the average Software Development Engineer Lead Salary in India. Salary estimates are based on 21 latest salaries received from various employees of MasterCard India.

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

The average salary of a Software Development Engineer Lead at MasterCard is 41% more than the average salary of a Software Development Engineer Lead in India. To know exact salary insights, login to view.

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

Integration Testing, PaaS, Information Security, Corporate Security and Performance Engineering are some of the popular skills required to work as a Software Development Engineer Lead at MasterCard India.

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

CSG International Software Development Engineer Lead Salary - ₹23.0 Lakhs to ₹38.0 Lakhs per year
McAfee Software Development Engineer Lead Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
Freecharge Software Development Engineer Lead Salary - ₹14.4 Lakhs to ₹32.0 Lakhs per year
Altair Engineering Software Development Engineer Lead Salary - ₹9.5 Lakhs to ₹30.0 Lakhs per year
AFour Technologies Software Development Engineer Lead Salary - ₹10.0 Lakhs to ₹21.5 Lakhs per year

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

The estimated take-home salary of a Software Development Engineer Lead at MasterCard ranges between ₹2,51,752 per month to ₹2,61,997 per month in India. The take-home salary calculation is based on the average MasterCard Software Development Engineer Lead salary in India which ranges between ₹20.0 Lakhs to ₹53.0 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the MasterCard Software Development Engineer Leads reported a notice period of 3 Months, 13% reported a notice period of 15 days or less 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 Software Development Engineer Lead Salaries

MasterCard Software Development Engineer Lead salary in India ranges between ₹20 Lakhs to ₹53 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 MasterCard latest salaries received from various employees of MasterCard.