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MasterCard Software Development Engineer salaries in Pune (Updated 2025)

Annual salary range
0 - 7 years exp.
₹6.6 Lakhs - ₹21 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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12% more than the average Software Development Engineer Salary in FinTech Companies for 0 - 7 years of experience

Interested in this particular role? 1 job opening

Last Updated: 20 Mar 2025

Companies similar to MasterCard for Software Development Engineer in Pune

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MasterCard Software Development Engineer Salary

0 - 7 years exp. (59 salaries)

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₹6.6 L/yr - ₹21 L/yr

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Company name Avg Annual Salary Open Jobs
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Fiserv Software Development Engineer Salary

1 - 9 years exp. (83 salaries)

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₹9.3 L/yr - ₹20.5 L/yr

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3 job openings
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Rupeek Software Development Engineer Salary

0 - 2 years exp. (3 salaries)

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₹8 L/yr - ₹17.5 L/yr

arrow icon 14% less
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Emtec Software Development Engineer Salary

2 - 6 years exp. (65 salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 7% less
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Siemens Software Development Engineer Salary

1 - 6 years exp. (64 salaries)

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₹5.5 L/yr - ₹17.5 L/yr

arrow icon 19% less
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₹6.9 L/yr - ₹18 L/yr

arrow icon 16% less
Software Development Engineer salary at MasterCard ranges between ₹6.6 Lakhs to ₹21 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 59 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Development Engineer in Pune

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Experience wise MasterCard Software Development Engineer salaries in Pune

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
1 year  (4 salaries)

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₹12.9 L/yr - ₹20.1 L/yr
2 years  (8 salaries)

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₹9.9 L/yr - ₹21 L/yr
3 years  (14 salaries)

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₹6.6 L/yr - ₹20.4 L/yr
4 years  (10 salaries)

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₹6.6 L/yr - ₹23.9 L/yr
View all

Similar Designation salaries in MasterCard

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₹13.26 L/yr - ₹46 L/yr
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₹24 L/yr - ₹57.5 L/yr
Software Engineer Salary
(130 salaries)
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₹6.8 L/yr - ₹23 L/yr
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₹7.5 L/yr - ₹31 L/yr
Senior Engineer Salary
(59 salaries)
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₹8.69 L/yr - ₹26 L/yr
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₹4 L/yr - ₹13 L/yr
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₹4.64 L/yr - ₹14.6 L/yr
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₹25 L/yr - ₹27 L/yr

Top skills at MasterCard for Software Development Engineer

Software Development Java Software Engineering Software Development Software Engineering Design Patterns Javascript Spring Boot .NET Web Technologies Front End SQL Automation Testing Troubleshooting Information Technology

Salary related reviews for MasterCard

4.3

Rated by 5 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

 · 

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

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  • 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

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  • 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.

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  • 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..

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  • Skill development - Poor
  • +1 more
see more salary related reviews

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MasterCard Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at MasterCard in Pune?
The average salary of a Software Development Engineer at MasterCard in Pune typically ranges from ₹6.6 Lakhs to ₹21.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Software Development Engineer in Pune at MasterCard earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹20.9 Lakhs per year. Software Development Engineer 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 50+ MasterCard employees in India.
What is the estimated take home salary of a Software Development Engineer at MasterCard in Pune?
The estimated take-home salary of a Software Development Engineer at MasterCard in Pune typically ranges from ₹94,238 to ₹96,773 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 50+ salaries received from various employees of MasterCard. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Development Engineer at MasterCard in Pune?
To be a Software Development Engineer at MasterCard in Pune, the key skills required include:

  • - Software Development
  • - Java
  • - Software Engineering
  • - Software Development
  • - Software Engineering

These skills are highly valued at MasterCard and are crucial for successful performance in a Software Engineering role.
What is the salary of a Software Development Engineer in companies similar to MasterCard in Pune?
The salary of a Software Development Engineer at companies similar to MasterCard in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Fiserv ₹9.3 Lakhs to ₹20.5 Lakhs per year
Emtec ₹6.0 Lakhs to ₹22.0 Lakhs per year
Rupeek ₹8.0 Lakhs to ₹17.5 Lakhs per year
Dassault Systemes ₹6.9 Lakhs to ₹18.0 Lakhs per year
Siemens ₹5.5 Lakhs to ₹17.5 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 Development Engineer at MasterCard in Pune?
The salary growth for a Software Development Engineer at MasterCard in Pune depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer in Pune can expect the following growth trajectory at MasterCard:

Experience Average Salary Range
Fresher ₹13.0 Lakhs to ₹16.6 Lakhs per year
1 year ₹12.9 Lakhs to ₹20.1 Lakhs per year
2 years ₹9.9 Lakhs to ₹21.0 Lakhs per year
3 years ₹6.6 Lakhs to ₹20.4 Lakhs per year
and so on.

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MasterCard Software Development Engineer salary in Pune ranges between ₹6.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 MasterCard latest salaries received from various employees of MasterCard.