MasterCard Softwaretest Engineer Salaries by 30+ Employees (Updated 2025)

2 - 10 years exp.

₹9.4 Lakhs - ₹22.8 Lakhs

Salary of majority employees

160% more than the average Softwaretest Engineer Salary in FinTech Companies for 2 - 10 years of experience

Interested in this particular role?

Last Updated: 8 Mar 2025

Companies similar to MasterCard for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
Visa Softwaretest Engineer Salary 0 - 7 years exp. (14 salaries)	₹8 L/yr - ₹27.9 L/yr 15% more
American Express Softwaretest Engineer Salary 0 - 1 year exp. (5 salaries)	₹13.7 L/yr - ₹18 L/yr 1% less
Login to view exact salary
PayPal Softwaretest Engineer Salary 0 - 6 years exp. (11 salaries)	₹18.7 L/yr - ₹31.6 L/yr 27% more
State Bank of India Softwaretest Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.7 L/yr - ₹7 L/yr 64% less
HDFC Bank Softwaretest Engineer Salary 1 - 5 years exp. (34 salaries)	₹3 L/yr - ₹9 L/yr 61% less
ICICI Bank Softwaretest Engineer Salary 1 - 7 years exp. (20 salaries)	₹2 L/yr - ₹8 L/yr 67% less
Axis Bank Softwaretest Engineer Salary 1 - 5 years exp. (15 salaries)	₹3.1 L/yr - ₹10 L/yr 64% less
Kotak Mahindra Bank Softwaretest Engineer Salary 1 - 4 years exp. (8 salaries)	₹1.7 L/yr - ₹9.3 L/yr 69% less
Fiserv Softwaretest Engineer Salary 2 - 9 years exp. (155 salaries)	₹3.6 L/yr - ₹13.5 L/yr 51% less
Paytm Softwaretest Engineer Salary 1 - 5 years exp. (41 salaries)	₹3.5 L/yr - ₹12.9 L/yr 49% less
Broadridge Financial Solutions Softwaretest Engineer Salary 3 - 7 years exp. (37 salaries)	₹4.1 L/yr - ₹12 L/yr 47% less
Login to view exact salary
Care Health Insurance Softwaretest Engineer Salary 1 - 3 years exp. (28 salaries)	₹3 L/yr - ₹6.5 L/yr 66% less
KFintech Softwaretest Engineer Salary 2 - 8 years exp. (24 salaries)	₹3.1 L/yr - ₹6.3 L/yr 62% less
PhonePe Softwaretest Engineer Salary 0 - 9 years exp. (22 salaries)	₹11.4 L/yr - ₹40.2 L/yr 73% more
Insolutions Global Softwaretest Engineer Salary 2 - 5 years exp. (17 salaries)	₹2.4 L/yr - ₹6.5 L/yr 63% less
AGS Transact Technologies Softwaretest Engineer Salary 0 - 5 years exp. (17 salaries)	₹2.4 L/yr - ₹6 L/yr 74% less
HighRadius Softwaretest Engineer Salary 1 - 7 years exp. (11 salaries)	₹4 L/yr - ₹11.4 L/yr 40% less
Razorpay Softwaretest Engineer Salary 0 - 5 years exp. (7 salaries)	₹3.6 L/yr - ₹9.8 L/yr 42% less
PayU Payments Softwaretest Engineer Salary 1 - 6 years exp. (6 salaries)	₹9 L/yr - ₹16.3 L/yr 9% less
Unimoni Softwaretest Engineer Salary 4 - 9 years exp. (6 salaries)	₹3.9 L/yr - ₹10 L/yr 58% less

View all

Softwaretest Engineer salary at MasterCard ranges between ₹9.4 Lakhs to ₹22.8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 39 latest salaries received from various employees of MasterCard.

Experience wise MasterCard Softwaretest Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (6 salaries)	₹3.7 L/yr - ₹9.7 L/yr
3 years (13 salaries)	₹4.3 L/yr - ₹12.2 L/yr
Login to view exact salary
4 years (4 salaries)	₹5.6 L/yr - ₹21.8 L/yr
5 years (6 salaries)	₹8.4 L/yr - ₹24.3 L/yr
6 years (6 salaries)	₹7.2 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
8 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
9 years (3 salaries)	₹16 L/yr - ₹28 L/yr
10 years (AmbitionBox Estimate)	₹20 L/yr - ₹36.6 L/yr

View all

Similar Designation salaries in MasterCard

Senior Software Engineer Salary

(774 salaries)

₹13.55 L/yr - ₹46 L/yr

Software Engineer2 Salary

(267 salaries)

₹9.6 L/yr - ₹30 L/yr

Software Engineer Salary

(249 salaries)

₹6.25 L/yr - ₹22.81 L/yr

Software Engineer II Salary

(108 salaries)

₹10 L/yr - ₹25.12 L/yr

Software Development Engineer Salary

(73 salaries)

₹6.6 L/yr - ₹21 L/yr

Devops Engineer Salary

(45 salaries)

₹6.5 L/yr - ₹19.8 L/yr

Lead Engineer Salary

(45 salaries)

₹16 L/yr - ₹51 L/yr

Technical Lead Salary

(40 salaries)

₹15.8 L/yr - ₹51 L/yr

Data Engineer Salary

(37 salaries)

₹10.7 L/yr - ₹26.6 L/yr

Senior Consultant Salary

(33 salaries)

₹12.66 L/yr - ₹45 L/yr

Salary related reviews for MasterCard

3.0

Rated by 2 employees for salary & benefits

Associate Software Engineer in Pune

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.

Skill development - Good

+5 more

Dislikes

Salary hike is not enough as compared with other companies.

Software Engineer II in Pune

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

Salary - Bad

+4 more

Software Engineer in Pune

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.

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.

Manager in Gurgaon / Gurugram

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.

Job security - Bad

+4 more

Associate Managing Consultant in Gurgaon / Gurugram

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..

Skill development - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about MasterCard?

Ask anonymously on communities.

MasterCard Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at MasterCard ?

The average salary of a Softwaretest Engineer at MasterCard in India typically ranges from ₹9.4 Lakhs to ₹22.8 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Softwaretest Engineer at MasterCard earn more than ₹17.8 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Softwaretest 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 30+ MasterCard employees in India.

What is the estimated take home salary of a Softwaretest Engineer at MasterCard in India?

The estimated take-home salary of a Softwaretest Engineer at MasterCard in India typically ranges from ₹1,02,712 to ₹1,05,521 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹22.8 Lakhs per year for employees with experience ranging from 2 years to 10 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.

Which companies offer higher salaries than MasterCard for Softwaretest Engineer in India?

PhonePe	₹11.4 Lakhs to ₹40.2 Lakhs per year
PayPal	₹18.7 Lakhs to ₹31.6 Lakhs per year
Visa	₹8.0 Lakhs to ₹27.9 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 Softwaretest Engineer in companies similar to MasterCard in India?

The salary of a Softwaretest Engineer at companies similar to MasterCard in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

American Express	₹13.7 Lakhs to ₹18.0 Lakhs per year
PayU Payments	₹9.0 Lakhs to ₹16.3 Lakhs per year
Saxo Bank	₹6.5 Lakhs to ₹16.3 Lakhs per year
HighRadius	₹4.0 Lakhs to ₹11.4 Lakhs per year
Razorpay	₹3.6 Lakhs to ₹9.8 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 Softwaretest Engineer at MasterCard in India?

The salary growth for a Softwaretest Engineer at MasterCard depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer can expect the following growth trajectory at MasterCard:

Experience	Average Salary Range
2 years	₹3.7 Lakhs to ₹9.7 Lakhs per year
3 years	₹4.3 Lakhs to ₹12.2 Lakhs per year
4 years	₹5.6 Lakhs to ₹21.8 Lakhs per year
5 years	₹8.4 Lakhs to ₹24.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
MasterCard Salaries >
MasterCard Softwaretest Engineer Salaries

MasterCard Softwaretest Engineer salary in India ranges between ₹9.4 Lakhs to ₹22.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 MasterCard latest salaries received from various employees of MasterCard.