Mfine Bangalore / Bengaluru Software Engineer Salaries by 10+ Employees

1 - 5 years exp.

₹14.6 Lakhs - ₹19 Lakhs

Avg. annual salary

Monthly In-hand Salary

94% more than the average Software Engineer Salary in Internet Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 6 Feb 2024

Companies similar to Mfine for Software Engineer in Bangalore / Bengaluru

Mfine Software Engineer Salary

1 - 5 years exp. (13 salaries)

₹14.6 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
Digit Insurance Software Engineer Salary 0 - 5 years exp. (195 salaries)	₹3.3 L/yr - ₹11 L/yr 59% less	1 job opening
PharmEasy Software Engineer Salary 0 - 3 years exp. (53 salaries)	₹9 L/yr - ₹25 L/yr 12% less
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Tracxn Software Engineer Salary 0 - 4 years exp. (51 salaries)	₹3 L/yr - ₹12 L/yr 57% less
Swiggy Software Engineer Salary 1 - 5 years exp. (32 salaries)	₹9.4 L/yr - ₹35.6 L/yr 18% more
Zepto Software Engineer Salary 0 - 5 years exp. (28 salaries)	₹18 L/yr - ₹45 L/yr 82% more
Meesho Software Engineer Salary 0 - 5 years exp. (26 salaries)	₹12 L/yr - ₹38.4 L/yr 53% more
Udaan Software Engineer Salary 0 - 6 years exp. (21 salaries)	₹19 L/yr - ₹49.4 L/yr 65% more
StoreKing Software Engineer Salary 0 - 5 years exp. (16 salaries)	₹2.8 L/yr - ₹8 L/yr 73% less
BlackBuck Software Engineer Salary 1 - 4 years exp. (9 salaries)	₹5.5 L/yr - ₹16 L/yr 26% less
Urban Company Software Engineer Salary 1 - 3 years exp. (6 salaries)	₹14 L/yr - ₹24 L/yr 17% more
HungerBox Software Engineer Salary 1 - 10 years exp. (6 salaries)	₹23 L/yr - ₹31.1 L/yr 53% more
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Tata 1mg Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹8 L/yr - ₹18 L/yr 10% less
RentoMojo Software Engineer Salary 3 - 5 years exp. (4 salaries)	₹6.5 L/yr - ₹18.5 L/yr 23% less
Ninjacart Software Engineer Salary 1 - 2 years exp. (4 salaries)	₹9 L/yr - ₹16.8 L/yr 11% less
Pristyn Care Software Engineer Salary 1 - 3 years exp. (4 salaries)	₹6 L/yr - ₹11.2 L/yr 45% less
Upwork Software Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.7 L/yr - ₹12 L/yr 50% less
Zolo Software Engineer Salary 0 - 2 years exp. (3 salaries)	₹15 L/yr - ₹17 L/yr 11% less

Software Engineer salary at Mfine ranges between ₹14.6 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 13 latest salaries received from various employees of Mfine.

Experience wise Mfine Software Engineer salaries in Bangalore / Bengaluru

Last Updated: 6 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
2 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
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3 years (6 salaries)	₹14.6 L/yr - ₹19 L/yr
4 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
5 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr

Similar Designation salaries in Mfine

Senior Software Engineer Salary

(12 salaries)

₹16 L/yr - ₹27 L/yr

Senior Associate Salary

(7 salaries)

₹4 L/yr - ₹5 L/yr

Team Lead Salary

(6 salaries)

₹5.05 L/yr - ₹7.08 L/yr

Web Developer Salary

(3 salaries)

₹4 L/yr - ₹4.8 L/yr

Top skills at Mfine for Software Engineer

Javascript Debugging Android Studio Web Technologies Open Source Transition Architecting Infrastructure IntelliJ IOS CSS3 Data Structures Analytical Front End Distribution System

Salary related reviews for Mfine

3.5

Rated by 3 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Project & Program Management Department

1.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Hybrid model, free food.

Dislikes

... for 10+ hours everyday without complaining. You are overworked and underpaid. Oh, they change their payroll rules very conveniently, making sure no one gets their bonus either. Being associated to the company does no credit to one’s resume either. The learning curve needs to be worth being overworked (Aka struggle/hustle) but if the company’s vision is as blurred, there’s nothing coming out of it.

Salary - Poor

+6 more

Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 29 Jun 2023

4.0

for Salary and Benefits

Likes

teams are great will get most of learning and area to grow. great work life balance

Salary - Good

+3 more

Dislikes

they can layoff at any point of time even after laying you off they wont pay full compensation for the covered notice period. do not consider of joining mfine if you have dependables. now with the current management people the office is full of politics. not the right place for female employees.

Job security - Bad

+1 more

Regional Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 13 Dec 2023

1.0

for Salary and Benefits

Likes

...here is worst management and insufficient, Incapable staff working like labours. For the company everyone is a daily labour and they will decide who to pay or not in the end of month. Worst company.

Dislikes

Don't join here and waste your career and precious time which we will lose here. This Mfine and it's investors like Lifecell are playing a fraudulent corporate game only to show that Mfine is making profits but actually they are trying to fool and find another investor to sell Mfine. People joining here are fools not understanding the corporate fraud games.

Salary - Bad

+6 more

Software Trainee in Bangalore / Bengaluru

Intern

Data Science & Analytics Department

1.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Some data science team good.

Dislikes

Nothing good here , they layoffs one call without giving any notice period , also they not provide full salary of notice If any woman employees please make some distance Rahul shukla Fresher do not go there , some unprofessional hr laughing at day of layoffs.

Salary - Bad

+6 more

Senior Lead in Jaipur

Sales & Business Development Department

3.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Pay scale was good.

Salary - Good

+1 more

Dislikes

No work-life balance as roster was there but not followed efficiently, no job security (asked to leave by a single voice call that too without any intimation), no appraisal and promotion to tenured employees (even to performers).

Job security - Bad

+2 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mfine Software Engineer Salary FAQs

What is the salary of Software Engineer at Mfine in Bangalore / Bengaluru?

The average salary of a Software Engineer at Mfine in Bangalore / Bengaluru typically ranges from ₹14.6 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Engineer in Bangalore / Bengaluru at Mfine earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Software Engineer Salaries at Mfine 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 10+ Mfine employees in India.

What is the estimated take home salary of a Software Engineer at Mfine in Bangalore / Bengaluru?

The estimated take-home salary of a Software Engineer at Mfine in Bangalore / Bengaluru typically ranges from ₹1,16,060 to ₹1,19,300 per month. This is based on the average salary range of ₹14.6 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ salaries received from various employees of Mfine. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at Mfine in Bangalore / Bengaluru?

To be a Software Engineer at Mfine in Bangalore / Bengaluru, the key skills required include:

- Javascript
- Debugging
- Android Studio
- Web Technologies
- Open Source

These skills are highly valued at Mfine and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mfine for Software Engineer in India?

Zepto	₹18.0 Lakhs to ₹45.0 Lakhs per year
Udaan	₹19.0 Lakhs to ₹49.4 Lakhs per year
HungerBox	₹23.0 Lakhs to ₹31.1 Lakhs per year
Meesho	₹12.0 Lakhs to ₹38.4 Lakhs per year
Swiggy	₹9.4 Lakhs to ₹35.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mfine, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to Mfine in Bangalore / Bengaluru?

The salary of a Software Engineer at companies similar to Mfine in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Urban Company	₹14.0 Lakhs to ₹24.0 Lakhs per year
Tata 1mg	₹8.0 Lakhs to ₹18.0 Lakhs per year
Ninjacart	₹9.0 Lakhs to ₹16.8 Lakhs per year
Zolo	₹15.0 Lakhs to ₹17.0 Lakhs per year
PharmEasy	₹9.0 Lakhs to ₹25.0 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 at Mfine in Bangalore / Bengaluru?

The salary growth for a Software Engineer at Mfine in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Bangalore / Bengaluru can expect the following growth trajectory at Mfine:

Experience	Average Salary Range
1 year	₹14.9 Lakhs to ₹19.0 Lakhs per year
2 years	₹15.2 Lakhs to ₹19.4 Lakhs per year
3 years	₹14.6 Lakhs to ₹19.0 Lakhs per year
4 years	₹15.7 Lakhs to ₹20.1 Lakhs per year

and so on.

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Mfine Software Engineer Salaries in Bangalore / Bengaluru

Mfine Software Engineer salary in Bangalore / Bengaluru ranges between ₹14.6 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Mfine latest salaries received from various employees of Mfine.