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MasterCard Software Engineer II salaries in Mumbai (Updated 2025)

Annual salary range
3 - 7 years exp.
₹11.8 Lakhs - ₹25.1 Lakhs
Salary of majority employees
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Fixed (93%)
₹17.9 Lakhs
Variable (7%)
₹1.3 Lakh
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11% more than the average Software Engineer II Salary in FinTech Companies for 3 - 7 years of experience

Interested in this particular role? 8 job openings

Last Updated: 16 Feb 2025

Companies similar to MasterCard for Software Engineer II in Mumbai

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MasterCard Software Engineer II Salary

3 - 7 years exp. (11 salaries)

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₹11.8 L/yr - ₹25.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Software Engineer II Salary

4 - 9 years exp. (3 salaries)

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₹30 L/yr - ₹36 L/yr

arrow icon 77% more
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₹7.2 L/yr - ₹9.2 L/yr

arrow icon 58% less
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HERE Technologies Software Engineer II Salary

2 - 6 years exp. (43 salaries)

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₹7.6 L/yr - ₹15.2 L/yr

arrow icon 33% less
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Diebold Nixdorf Software Engineer II Salary

3 - 7 years exp. (20 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 53% less
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BA Continuum Software Engineer II Salary

4 - 11 years exp. (20 salaries)

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₹10.3 L/yr - ₹22.5 L/yr

arrow icon 8% less

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Software Engineer II salary at MasterCard ranges between ₹11.8 Lakhs to ₹25.1 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Engineer II in Mumbai

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Experience wise MasterCard Software Engineer II salaries in Mumbai

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹30.7 L/yr
4 years  (3 salaries)

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₹11.8 L/yr - ₹25.1 L/yr
5 years  (6 salaries)

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₹13.5 L/yr - ₹25.1 L/yr
6 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.2 L/yr
7 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹36.9 L/yr

Similar Designation salaries in MasterCard

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₹22.44 L/yr - ₹42 L/yr
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₹13.2 L/yr - ₹24 L/yr
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₹6.25 L/yr - ₹22.6 L/yr
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₹9.2 L/yr - ₹15 L/yr

Top skills at MasterCard for Software Engineer II

Information Security SQL Agile Coaching Corporate Security Remote Sensing Medical Coding Python Javascript Maven Oracle Application Development Information Technology LMS JSON Sharepoint

Salary related reviews for MasterCard

3.3

Rated by 3 employees for salary & benefits

Engineering - Software & QA Department

1.0
  •  posted on 25 Nov 2021

1.0
 for  Salary and Benefits

Likes

- Agile practice are followed - During COVID period Friday was given as a half day

Dislikes

- Salary is not given according to market standards. - Notice period is 3 months - No career growth - In leave encashment you will only get basic salary components - No transport facility - Employees are asked to return to office

read more
  • Salary - Bad
  • +4 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.

Engineering - Software & QA Department

4.0
  •  posted on 02 Oct 2021

4.0
 for  Salary and Benefits

Likes

Working balance and flexible timings Managers are good and understanding Work culture is good. Lots of training materials, ebooks, tie up with plural, linked-in trainings, certifications are paid NpS is contributed by Employer Long term stock options Health and insurance policies are good

read more
  • Salary - Good
  • +6 more

Dislikes

Not a good pay Master

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.

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  • 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

 · 

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
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MasterCard Software Engineer II Salary FAQs

What is the salary of Software Engineer II at MasterCard Mumbai?
Software Engineer II salary at MasterCard in Mumbai ranges between ₹11.8 Lakhs to ₹25.1 Lakhs for experience between 3 years to 7 years. According to our estimates it is 11% more than the average Software Engineer II Salary in India. Salary estimates are based on 11 latest salaries received from various employees of MasterCard Mumbai.
How does the salary of a Software Engineer II at MasterCard Mumbai compare with the average salary range for this job?
The average salary of a Software Engineer II at MasterCard is 11% more than the average salary of a Software Engineer II in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Software Engineer II at MasterCard?
Information Security, SQL, Agile Coaching, Corporate Security and Remote Sensing are some of the popular skills required to work as a Software Engineer II at MasterCard Mumbai.
Which similar companies are paying more than MasterCard to a Software Engineer II in Mumbai?
  • ICICI Bank Software Engineer II Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
What is the salary of a Software Engineer II in companies similar to MasterCard in Mumbai?
  • BA Continuum Software Engineer II Salary - ₹10.3 Lakhs to ₹22.5 Lakhs per year
  • HERE Technologies Software Engineer II Salary - ₹7.6 Lakhs to ₹15.2 Lakhs per year
  • Diebold Nixdorf Software Engineer II Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
  • Axis Bank Software Engineer II Salary - ₹7.2 Lakhs to ₹9.2 Lakhs per year
What is the estimated take home salary of a Software Engineer II at MasterCard in Mumbai?
The estimated take-home salary of a Software Engineer II at MasterCard ranges between ₹1,27,291 per month to ₹1,31,518 per month in Mumbai. The take-home salary calculation is based on the average MasterCard Software Engineer II salary in India which ranges between ₹11.8 Lakhs to ₹25.1 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 Engineer II at MasterCard in Mumbai?
According to AmbitionBox, 60% of the MasterCard Software Engineer IIs in Mumbai reported a notice period of 2 Months, 40% reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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MasterCard Software Engineer II salary in Mumbai ranges between ₹11.8 Lakhs to ₹25.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 MasterCard latest salaries received from various employees of MasterCard.