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MasterCard Software Engineer salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹6.3 Lakhs - ₹22.9 Lakhs
Salary of majority employees
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Fixed (94%)
₹14 Lakhs
Variable (6%)
₹0.8 Lakh
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79% more than the average Software Engineer Salary in FinTech Companies for 1 - 7 years of experience

Interested in this particular role? 6 job openings

Last Updated: 1 Mar 2025

Companies similar to MasterCard for Software Engineer

Company name Avg Annual Salary Open Jobs
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Amazon Software Engineer Salary

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₹12 L/yr - ₹45 L/yr

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Google Software Engineer Salary

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₹19 L/yr - ₹77.2 L/yr

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₹13 L/yr - ₹50 L/yr

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IBM Software Engineer Salary

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₹5.3 L/yr - ₹22.7 L/yr

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Adobe Software Engineer Salary

0 - 6 years exp. (254 salaries)

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₹7.5 L/yr - ₹28 L/yr

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Oracle Software Engineer Salary

0 - 7 years exp. (1.2k salaries)

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₹7 L/yr - ₹24 L/yr

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Intel Software Engineer Salary

1 - 12 years exp. (334 salaries)

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₹12 L/yr - ₹44.5 L/yr

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Accenture Software Engineer Salary

0 - 8 years exp. (17.4k salaries)

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₹3.6 L/yr - ₹13 L/yr

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Software Engineer salary at MasterCard ranges between ₹6.3 Lakhs to ₹22.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 236 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Engineer

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Experience wise MasterCard Software Engineer salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year  (19 salaries)

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₹7 L/yr - ₹20 L/yr
2 years  (41 salaries)

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₹7 L/yr - ₹21 L/yr
3 years  (48 salaries)

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₹6.3 L/yr - ₹22.9 L/yr
4 years  (38 salaries)

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₹6.8 L/yr - ₹21.5 L/yr
5 years  (45 salaries)

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₹7 L/yr - ₹26 L/yr
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MasterCard Software Engineer Salary and Career Growth

From

To

Software Engineer

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1 - 7 years exp.

Technical Lead

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10 - 15 years exp.

Software Engineer 1 - 7 years exp.
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Senior Software Engineer 4 - 14 years exp.
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arrow icon 105% hike
    Technical Lead 10 - 15 years exp.
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    arrow icon 45% hike

    From

    1 more level

    To

    Software Engineer

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    1 - 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.

    Similar Designation salaries in MasterCard

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    ₹24 L/yr - ₹63.25 L/yr
    Senior Engineer Salary
    (83 salaries)
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    ₹9.61 L/yr - ₹26.5 L/yr
    System Engineer Salary
    (13 salaries)
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    ₹7.51 L/yr - ₹14.6 L/yr
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    ₹13.67 L/yr - ₹46 L/yr
    Lead Engineer Salary
    (42 salaries)
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    ₹14.68 L/yr - ₹51 L/yr
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    ₹6.8 L/yr - ₹24 L/yr
    Project Engineer Salary
    (AmbitionBox Estimate)
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    ₹7.2 L/yr - ₹9.2 L/yr
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    ₹4 L/yr - ₹13 L/yr
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    ₹6.6 L/yr - ₹21 L/yr
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    ₹14 L/yr - ₹25 L/yr

    Top skills at MasterCard for Software Engineer

    Information Security SQL Agile Coaching Corporate Security Medical Coding SDLC Oracle Scrum Front End Remote Sensing Python Javascript Application Development Automation Testing Agile
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    Salary related reviews for MasterCard

    3.2

    Rated by 32 employees for salary & benefits

    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

     · 

    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.

    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 Engineer Salary FAQs

    What is the salary of Software Engineer at MasterCard?
    Software Engineer salary at MasterCard in India ranges between ₹6.3 Lakhs to ₹22.9 Lakhs for experience between 1 years to 7 years. According to our estimates it is 79% more than the average Software Engineer Salary in India. Salary estimates are based on 236 latest salaries received from various employees of MasterCard India.
    How does the salary of a Software Engineer at MasterCard India compare with the average salary range for this job?
    The average salary of a Software Engineer at MasterCard is 79% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Software Engineer at MasterCard?
    Information Security, SQL, Agile Coaching, Corporate Security and Medical Coding are some of the popular skills required to work as a Software Engineer at MasterCard India.
    Which similar companies are paying more than MasterCard to a Software Engineer in India?
    • Google Software Engineer Salary - ₹19.0 Lakhs to ₹77.2 Lakhs per year
    • PhonePe Software Engineer Salary - ₹14.0 Lakhs to ₹55.0 Lakhs per year
    • Microsoft Corporation Software Engineer Salary - ₹13.0 Lakhs to ₹50.0 Lakhs per year
    • PayPal Software Engineer Salary - ₹12.0 Lakhs to ₹50.3 Lakhs per year
    • Amazon Software Engineer Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
    What is the salary of a Software Engineer in companies similar to MasterCard in India?
    • Intel Software Engineer Salary - ₹12.0 Lakhs to ₹44.5 Lakhs per year
    • Salesforce Software Engineer Salary - ₹12.1 Lakhs to ₹40.0 Lakhs per year
    • American Express Software Engineer Salary - ₹10.6 Lakhs to ₹41.6 Lakhs per year
    • Cisco Software Engineer Salary - ₹10.0 Lakhs to ₹37.0 Lakhs per year
    • PayU Payments Software Engineer Salary - ₹9.8 Lakhs to ₹33.0 Lakhs per year
    What is the estimated take home salary of a Software Engineer at MasterCard in India?
    The estimated take-home salary of a Software Engineer at MasterCard ranges between ₹1,02,532 per month to ₹1,05,335 per month in India. The take-home salary calculation is based on the average MasterCard Software Engineer salary in India which ranges between ₹6.3 Lakhs to ₹22.9 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
    What is the notice period for Software Engineer at MasterCard?
    According to AmbitionBox, 34% of the MasterCard Software Engineers reported a notice period of 3 Months, 24% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 83 responses on AmbitionBox in last 2 years.

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    MasterCard Software Engineer salary in India ranges between ₹6.3 Lakhs to ₹22.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 236 MasterCard latest salaries received from various employees of MasterCard.