MFXchange Holdings Softwaretest Engineer Salaries by 10+ Employees

2 - 6 years exp.

₹3.1 Lakhs - ₹8 Lakhs

Salary of majority employees

10% less than the average Softwaretest Engineer Salary in Financial Services Companies for 2 - 6 years of experience

Interested in this particular role?

Last Updated: 16 Feb 2024

Companies similar to MFXchange Holdings for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
BNY Softwaretest Engineer Salary 2 - 5 years exp. (120 salaries)	₹3.5 L/yr - ₹9.3 L/yr 5% less
BNP Paribas Softwaretest Engineer Salary 4 years exp. (66 salaries)	₹7 L/yr - ₹13 L/yr 116% more
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UBS Softwaretest Engineer Salary 2 - 4 years exp. (41 salaries)	₹3 L/yr - ₹9.3 L/yr 2% less
HSBC Group Softwaretest Engineer Salary 1 - 6 years exp. (41 salaries)	₹3.3 L/yr - ₹10.4 L/yr 12% more
Citicorp Softwaretest Engineer Salary 0 - 8 years exp. (34 salaries)	₹6 L/yr - ₹23.8 L/yr 176% more
Morgan Stanley Softwaretest Engineer Salary 1 - 5 years exp. (24 salaries)	₹3.6 L/yr - ₹9.4 L/yr 3% less
Ocwen Financial Solutions Softwaretest Engineer Salary 3 - 5 years exp. (17 salaries)	₹6.2 L/yr - ₹8.9 L/yr 48% more
TSYS\|Total System Services Softwaretest Engineer Salary 1 - 7 years exp. (14 salaries)	₹13.6 L/yr - ₹28 L/yr 284% more
State Street Corporation Softwaretest Engineer Salary 0 - 8 years exp. (14 salaries)	₹3.8 L/yr - ₹14.9 L/yr 59% more
Sun Life Financial Softwaretest Engineer Salary 2 - 7 years exp. (12 salaries)	₹4.3 L/yr - ₹14.6 L/yr 64% more
TIAA Global Business Services Softwaretest Engineer Salary 3 - 7 years exp. (8 salaries)	₹6.3 L/yr - ₹22.2 L/yr 178% more
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Cholamandalam Investment & Finance Softwaretest Engineer Salary 2 - 4 years exp. (8 salaries)	₹2 L/yr - ₹3.4 L/yr 51% less
Wolters Kluwer ELM Solutions Softwaretest Engineer Salary 6 - 11 years exp. (6 salaries)	₹9 L/yr - ₹12.3 L/yr 108% more
Synchrony Softwaretest Engineer Salary 2 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹12 L/yr 33% more
ANZ Operations & Technology Softwaretest Engineer Salary 1 - 8 years exp. (5 salaries)	₹5.8 L/yr - ₹23.2 L/yr 159% more
American Express Softwaretest Engineer Salary 0 - 1 year exp. (5 salaries)	₹13.7 L/yr - ₹18 L/yr 182% more
MassMutual Softwaretest Engineer Salary 2 - 6 years exp. (4 salaries)	₹8.5 L/yr - ₹14 L/yr 127% more
Ameriprise Financial Softwaretest Engineer Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 104% more

Softwaretest Engineer salary at MFXchange Holdings ranges between ₹3.1 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 17 latest salaries received from various employees of MFXchange Holdings.

Experience wise MFXchange Holdings Softwaretest Engineer salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹1.2 L/yr - ₹3.8 L/yr
3 years (6 salaries)	₹3.1 L/yr - ₹4.8 L/yr
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4 years (5 salaries)	₹3.7 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr

Similar Designation salaries in MFXchange Holdings

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(58 salaries)

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Senior Software Engineer Salary

(38 salaries)

₹4.7 L/yr - ₹12.5 L/yr

Technical Lead Salary

(9 salaries)

₹6.35 L/yr - ₹24.1 L/yr

Devops Engineer Salary

(6 salaries)

₹3.5 L/yr - ₹9.5 L/yr

Software Engineer Trainee Salary

(6 salaries)

₹2.65 L/yr - ₹3.25 L/yr

System Administrator Salary

(5 salaries)

₹3.6 L/yr - ₹4.05 L/yr

System Engineer Salary

(5 salaries)

₹2.05 L/yr - ₹5.4 L/yr

Senior Storage Administrator Salary

(4 salaries)

₹8.5 L/yr - ₹21 L/yr

Msbi Developer Salary

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₹3.9 L/yr - ₹7.15 L/yr

Lead Business Analyst Salary

(4 salaries)

₹19 L/yr - ₹19.5 L/yr

Salary related reviews for MFXchange Holdings

3.6

Rated by 6 employees for salary & benefits

Analyst in Noida

Full Time

Engineering - Software & QA Department

5.0

• posted on 20 Apr 2021

4.0

for Salary and Benefits

Likes

There is only one major points which I want to raise complaint about the salary increment process. According to me company should think about the year wise salary increment whether it is small or large. My opinion is there should be increment process such that employee can growth in a company also.

Salary - Good

+5 more

Dislikes

Dislike is only about each and every year salary increment.

Associate Engineer in Noida (working remotely)

Full Time

Engineering - Software & QA Department

3.0

• posted on 18 Mar 2024

2.0

for Salary and Benefits

Likes

Work life balance are okay

Work-life balance - Good

Dislikes

If my experienced with this company i have worked lots of hard during client location then after 1 year I told to them for appraisal they declined due to say budget issue. So I was that time decide for resign and etc were point there.

Salary - Poor

+2 more

Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 11 Apr 2018

3.0

for Salary and Benefits

Likes

It's good for learning and for job security. Flexibility depends upon on your reporting manager.

Dislikes

Notice period is for 90 days and this information they will never share you unless you go for Induction.

Softeware Developer in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 28 Aug 2023

1.0

for Salary and Benefits

Likes

It is likely to be for Tamil people,if you know Tamil you can join here with out doubt

Dislikes

If you want to grew up your career with effective work experience and knowledge ,Then don't go,more internal politics

Salary - Bad

+5 more

Delivery Manager

IT & Information Security Department

1.0

• posted on 25 Jul 2018

1.0

for Salary and Benefits

Likes

Its a horrible company, highly unprofessional CEO and COO, No process is followed here. They simply play with career of their employees. They abuse employees on the floor infront of hundred others. Its a lala company where corporate gundas run their empire on the name of management. They play with appraisals, they give changed salary first and then declare the ratings and then initiate discussions. Terrible work culture. Every week you will feel that will be your last week. Never try to join this organization it will end your career and life even.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MFXchange Holdings Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at MFXchange Holdings ?

The average salary of a Softwaretest Engineer at MFXchange Holdings in India typically ranges from ₹3.1 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Softwaretest Engineer at MFXchange Holdings earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Softwaretest Engineer Salaries at MFXchange Holdings 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+ MFXchange Holdings employees in India.

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

The estimated take-home salary of a Softwaretest Engineer at MFXchange Holdings in India typically ranges from ₹39,313 to ₹40,488 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 MFXchange Holdings. Check how we calculate in-hand salary with our in-hand salary calculator.

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

TSYS\|Total System Services	₹13.6 Lakhs to ₹28.0 Lakhs per year
American Express	₹13.7 Lakhs to ₹18.0 Lakhs per year
TIAA Global Business Services	₹6.3 Lakhs to ₹22.2 Lakhs per year
Citicorp	₹6.0 Lakhs to ₹23.8 Lakhs per year
ANZ Operations & Technology	₹5.8 Lakhs to ₹23.2 Lakhs per year

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

What is the salary of a Softwaretest Engineer in companies similar to MFXchange Holdings in India?

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

MassMutual	₹8.5 Lakhs to ₹14.0 Lakhs per year
BNP Paribas	₹7.0 Lakhs to ₹13.0 Lakhs per year
Wolters Kluwer ELM Solutions	₹9.0 Lakhs to ₹12.3 Lakhs per year
Ameriprise Financial	₹5.0 Lakhs to ₹18.0 Lakhs per year
Sun Life Financial	₹4.3 Lakhs to ₹14.6 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 MFXchange Holdings in India?

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.7 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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MFXchange Holdings Softwaretest Engineer Salaries

MFXchange Holdings Softwaretest Engineer salary in India ranges between ₹3.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 MFXchange Holdings latest salaries received from various employees of MFXchange Holdings.