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MasterCard Software Engineer Level 1 salaries in Pune (Updated 2025)

Annual salary range
0 - 4 years exp.
₹7.1 Lakhs - ₹15.2 Lakhs
Salary of majority employees
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29% more than the average Software Engineer Level 1 Salary in FinTech Companies for 0 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer Level 1 Salary
0 - 4 years exp. (33 salaries)
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₹7.1 L/yr - ₹15.2 L/yr

Research & Development
Software Engineer Level 1 Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹10.2 L/yr - ₹12 L/yr

Last Updated: 26 Mar 2025

Companies similar to MasterCard for Software Engineer Level 1 in Pune

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MasterCard Software Engineer Level 1 Salary

0 - 4 years exp. (37 salaries)

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₹7.1 L/yr - ₹15.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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FIS Software Engineer Level 1 Salary

2 - 5 years exp. (88 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 30% less
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₹6.2 L/yr - ₹16 L/yr

arrow icon 18% more
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AVAYA Software Engineer Level 1 Salary

2 - 6 years exp. (24 salaries)

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₹11 L/yr - ₹19.1 L/yr

arrow icon 14% more
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₹5.6 L/yr - ₹11 L/yr

arrow icon 33% less
1 job opening
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Allstate Software Engineer Level 1 Salary

2 - 5 years exp. (21 salaries)

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₹7.5 L/yr - ₹14.8 L/yr

arrow icon 15% less
Software Engineer Level 1 salary at MasterCard ranges between ₹7.1 Lakhs to ₹15.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 37 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Engineer Level 1 in Pune

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Experience wise MasterCard Software Engineer Level 1 salaries in Pune

Last Updated: 26 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹10.2 L/yr - ₹22.1 L/yr
1 year  (10 salaries)

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₹8.4 L/yr - ₹14.1 L/yr
2 years  (12 salaries)

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₹7.1 L/yr - ₹15.2 L/yr
3 years  (10 salaries)

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₹10 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹13.6 L/yr
MasterCard Software Engineer Level 1 Salary and Career Growth

From

To

Software Engineer Level 1

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0 - 4 years exp.

Technical Lead

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10 - 15 years exp.

Software Engineer Level 1

0 - 4 years exp.
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Software Engineer2

2 - 8 years exp.
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arrow icon 68% hike

Senior Software Engineer

4 - 15 years exp.
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arrow icon 59% hike

From

To

Software Engineer Level 1

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0 - 4 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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₹20 L/yr - ₹57.5 L/yr
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₹9 L/yr - ₹25 L/yr
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₹11.04 L/yr - ₹31 L/yr
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₹7 L/yr - ₹28.56 L/yr
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₹10 L/yr - ₹36.5 L/yr
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₹32 L/yr - ₹60 L/yr
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₹15.7 L/yr - ₹28 L/yr
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₹7.3 L/yr - ₹16 L/yr
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₹12.6 L/yr - ₹32.34 L/yr
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₹18 L/yr - ₹35 L/yr

Top skills at MasterCard for Software Engineer Level 1

Information Security Corporate Security Design Development Information Technology Information Security Clinical SAS Programming Software Solutions Agile Methodology Analytical Chemistry Business Solutions Information Technology Javascript Remote Sensing Android Python

Salary related reviews for MasterCard

2.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 10 Dec 2022

5.0
 for  Salary and Benefits

Likes

Great company to work for. Policies are employee centric and benefits are great. Flexible in timing, have good Bonus and stock options for high performer. Medical insurance is 3 times of most companies, Term insurance is 3 time of your CTC, 37 annual leaves, 15 public leaves, 16 weeks paternity and 6month maternity leave. Development plan to build your own career and guidance move into technology or jobs role you want to move to

read more
  • Salary - Excellent
  • +6 more

Dislikes

None

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 02 May 2022

4.0
 for  Salary and Benefits

Likes

...olicies are employee friendly. 3) Paternity leave is equal to maternity leave. 4) Insurance and salary structure is good. 5) Variable is always above 100%. 6) Hike and share rewards are good.

read more
  • Salary - Good
  • +5 more

Dislikes

1) Management is rigid and not ready to accept change. 2) existing people have their own groups and are dominating. 3) Managers doesn't appriciate and value real work.

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

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 Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at MasterCard in Pune?
The average salary of a Software Engineer Level 1 at MasterCard in Pune typically ranges from ₹7.1 Lakhs to ₹15.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Engineer Level 1 in Pune at MasterCard earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹15.2 Lakhs per year. Software Engineer Level 1 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 30+ MasterCard employees in India.
What is the estimated take home salary of a Software Engineer Level 1 at MasterCard in Pune?
The estimated take-home salary of a Software Engineer Level 1 at MasterCard in Pune typically ranges from ₹85,560 to ₹87,800 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹15.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 30+ 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 Engineer Level 1 at MasterCard in Pune?
To be a Software Engineer Level 1 at MasterCard in Pune, the key skills required include:

  • - Information Security
  • - Corporate Security
  • - Design Development
  • - Information Technology
  • - Information Security

These skills are highly valued at MasterCard and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than MasterCard for Software Engineer Level 1 in India?
Bentley Systems ₹6.2 Lakhs to ₹16.0 Lakhs per year
AVAYA ₹11.0 Lakhs to ₹19.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MasterCard, depending on the role and experience level.
What is the salary of a Software Engineer Level 1 in companies similar to MasterCard in Pune?
The salary of a Software Engineer Level 1 at companies similar to MasterCard in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allstate ₹7.5 Lakhs to ₹14.8 Lakhs per year
FIS ₹5.0 Lakhs to ₹12.5 Lakhs per year
Zebra Technologies ₹5.6 Lakhs to ₹11.0 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 Engineer Level 1 at MasterCard in Pune?
The salary growth for a Software Engineer Level 1 at MasterCard in Pune depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in Pune can expect the following growth trajectory at MasterCard:

Experience Average Salary Range
Fresher ₹10.2 Lakhs to ₹22.1 Lakhs per year
1 year ₹8.4 Lakhs to ₹14.1 Lakhs per year
2 years ₹7.1 Lakhs to ₹15.2 Lakhs per year
3 years ₹10.0 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

MasterCard Software Engineer Level 1 salary in Pune ranges between ₹7.1 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 MasterCard latest salaries received from various employees of MasterCard.