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MasterCard Software Engineer2 salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹9.6 Lakhs - ₹31 Lakhs
Salary of majority employees
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Fixed (93%)
₹17.6 Lakhs
Variable (7%)
₹1.4 Lakh
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At par with the average Software Engineer2 Salary in FinTech Companies for 2 - 8 years of experience

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Last Updated: 5 Mar 2025

Companies similar to MasterCard for Software Engineer2

Company name Avg Annual Salary Open Jobs
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Google Software Engineer2 Salary

1 - 8 years exp. (61 salaries)

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₹18.2 L/yr - ₹58 L/yr

arrow icon 96% more
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Microsoft Corporation Software Engineer2 Salary

2 - 12 years exp. (1k salaries)

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₹20 L/yr - ₹68 L/yr

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Amazon Software Engineer2 Salary

2 - 8 years exp. (124 salaries)

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₹27.4 L/yr - ₹87 L/yr

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Adobe Software Engineer2 Salary

2 - 6 years exp. (87 salaries)

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₹8.1 L/yr - ₹30.8 L/yr

arrow icon 4% less
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IBM Software Engineer2 Salary

4 - 8 years exp. (7 salaries)

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₹9.1 L/yr - ₹19.3 L/yr

arrow icon 16% less
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Oracle Software Engineer2 Salary

2 - 6 years exp. (103 salaries)

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₹8.5 L/yr - ₹29.4 L/yr

arrow icon 3% less
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Salesforce Software Engineer2 Salary

2 - 6 years exp. (18 salaries)

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₹30 L/yr - ₹60.9 L/yr

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Intel Software Engineer2 Salary

2 - 7 years exp. (5 salaries)

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₹23.3 L/yr - ₹31 L/yr

arrow icon 31% more
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Cisco Software Engineer2 Salary

2 - 5 years exp. (171 salaries)

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₹9.8 L/yr - ₹30.5 L/yr

arrow icon 9% more
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SAP Software Engineer2 Salary

2 - 5 years exp. (16 salaries)

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₹12.1 L/yr - ₹26.5 L/yr

arrow icon 4% less
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PayPal Software Engineer2 Salary

2 - 7 years exp. (305 salaries)

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₹15 L/yr - ₹45 L/yr

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4 job openings
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HighRadius Software Engineer2 Salary

3 - 6 years exp. (57 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 18% less
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American Express Software Engineer2 Salary

2 - 6 years exp. (41 salaries)

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₹14.2 L/yr - ₹30 L/yr

arrow icon 14% more
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Razorpay Software Engineer2 Salary

1 - 7 years exp. (8 salaries)

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₹10.9 L/yr - ₹30 L/yr

arrow icon 5% more
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PhonePe Software Engineer2 Salary

0 - 9 years exp. (7 salaries)

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₹16.5 L/yr - ₹70 L/yr

arrow icon 107% more
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Paytm Software Engineer2 Salary

2 - 5 years exp. (6 salaries)

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₹14.4 L/yr - ₹27 L/yr

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PayU Payments Software Engineer2 Salary

2 - 3 years exp. (5 salaries)

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₹13 L/yr - ₹22 L/yr

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₹19 L/yr - ₹36 L/yr

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Angel One Software Engineer2 Salary

1 - 4 years exp. (5 salaries)

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₹25 L/yr - ₹37 L/yr

arrow icon 54% more
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Fiserv Software Engineer2 Salary

2 - 3 years exp. (3 salaries)

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₹16 L/yr - ₹24 L/yr

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Software Engineer2 salary at MasterCard ranges between ₹9.6 Lakhs to ₹31 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 258 latest salaries received from various employees of MasterCard.

Latest annual salaries shared by MasterCard Software Engineer2

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Experience wise MasterCard Software Engineer2 salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
2 years  (21 salaries)

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₹11.8 L/yr - ₹22 L/yr
3 years  (59 salaries)

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₹9.6 L/yr - ₹26.5 L/yr
4 years  (67 salaries)

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₹10.4 L/yr - ₹28 L/yr
5 years  (53 salaries)

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₹12 L/yr - ₹28 L/yr
6 years  (38 salaries)

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₹12 L/yr - ₹30 L/yr
View all
MasterCard Software Engineer2 Salary and Career Growth

From

To

Software Engineer2

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2 - 8 years exp.

Technical Lead

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10 - 15 years exp.

Software Engineer2 2 - 8 years exp.
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Senior Software Engineer 4 - 14 years exp.
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arrow icon 60% hike
    Technical Lead 10 - 15 years exp.
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    arrow icon 45% hike

    From

    1 more level

    To

    Software Engineer2

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    2 - 8 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.

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    Technical Lead Salary
    (36 salaries)
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    ₹18.89 L/yr - ₹65 L/yr
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    ₹12.64 L/yr - ₹45 L/yr

    Top skills at MasterCard for Software Engineer2

    Performance Testing JBoss Information Security Production Support Agile Coaching Oracle Debugging Hibernate SDLC J2EE
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    Salary related reviews for MasterCard

    3.8

    Rated by 18 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

    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

    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

    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

    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
    see more salary related reviews

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    MasterCard Software Engineer2 Salary FAQs

    What is the salary of Software Engineer2 at MasterCard?
    Software Engineer2 salary at MasterCard in India ranges between ₹9.6 Lakhs to ₹31.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 2% less than the average Software Engineer2 Salary in India. Salary estimates are based on 258 latest salaries received from various employees of MasterCard India.
    How does the salary of a Software Engineer2 at MasterCard India compare with the average salary range for this job?
    The average salary of a Software Engineer2 at MasterCard is 2% less than the average salary of a Software Engineer2 in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Software Engineer2 at MasterCard?
    Performance Testing, JBoss, Information Security, Production Support and Agile Coaching are some of the popular skills required to work as a Software Engineer2 at MasterCard India.
    Which similar companies are paying more than MasterCard to a Software Engineer2 in India?
    • Amazon Software Engineer2 Salary - ₹27.4 Lakhs to ₹87.0 Lakhs per year
    • Salesforce Software Engineer2 Salary - ₹30.0 Lakhs to ₹60.9 Lakhs per year
    • Microsoft Corporation Software Engineer2 Salary - ₹20.0 Lakhs to ₹68.0 Lakhs per year
    • PhonePe Software Engineer2 Salary - ₹16.5 Lakhs to ₹70.0 Lakhs per year
    • Google Software Engineer2 Salary - ₹18.2 Lakhs to ₹58.0 Lakhs per year
    What is the salary of a Software Engineer2 in companies similar to MasterCard in India?
    • Angel One Software Engineer2 Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
    • PayPal Software Engineer2 Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
    • Intel Software Engineer2 Salary - ₹23.3 Lakhs to ₹31.0 Lakhs per year
    • Kotak Mahindra Bank Software Engineer2 Salary - ₹19.0 Lakhs to ₹36.0 Lakhs per year
    • American Express Software Engineer2 Salary - ₹14.2 Lakhs to ₹30.0 Lakhs per year
    What is the estimated take home salary of a Software Engineer2 at MasterCard in India?
    The estimated take-home salary of a Software Engineer2 at MasterCard ranges between ₹1,26,247 per month to ₹1,30,335 per month in India. The take-home salary calculation is based on the average MasterCard Software Engineer2 salary in India which ranges between ₹9.6 Lakhs to ₹31.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
    What is the notice period for Software Engineer2 at MasterCard?
    According to AmbitionBox, 53% of the MasterCard Software Engineer2s reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 222 responses on AmbitionBox in last 2 years.

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    MasterCard Software Engineer2 salary in India ranges between ₹9.6 Lakhs to ₹31 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 258 MasterCard latest salaries received from various employees of MasterCard.