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Mphasis Associate Processor salaries in Chennai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.3 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% more than the average Associate Processor Salary in IT Services & Consulting Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Processor Salary
1 - 5 years exp. (12 salaries)
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₹2.3 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Associate Processor Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.5 L/yr

Data Science & Analytics
Associate Processor Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.2 L/yr

Finance & Accounting
Associate Processor Salary
1 year exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.2 L/yr

Last Updated: 10 Feb 2025

Companies similar to Mphasis for Associate Processor in Chennai

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Mphasis Associate Processor Salary

1 - 6 years exp. (17 salaries)

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₹2.3 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Accenture Associate Processor Salary

1 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 36% less
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Wells Fargo Associate Processor Salary

1 - 2 years exp. (4 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 10% less
Logo
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₹1.8 L/yr - ₹4 L/yr

arrow icon 12% less
Associate Processor salary at Mphasis ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 17 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Associate Processor in Chennai

1mo ago
₹4.5 Lakhs
6 years exp.
3mo ago
₹4.5 Lakhs
5 years exp.
8mo ago
₹4.5 Lakhs
4 years exp.
9mo ago
₹2.8 Lakhs
1 year exp.
1y ago
₹4.5 Lakhs
3 years exp.

Experience wise Mphasis Associate Processor salaries in Chennai

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.3 L/yr - ₹3.3 L/yr
2 years  (4 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years  (6 salaries)

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₹3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
View all

Similar Designation salaries in Mphasis

Team Lead Salary
(39 salaries)
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₹6 L/yr - ₹18.2 L/yr
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₹2 L/yr - ₹6.5 L/yr
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₹1.4 L/yr - ₹6.5 L/yr
Analyst Salary
(7 salaries)
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₹5 L/yr - ₹7.35 L/yr

Top skills at Mphasis for Associate Processor

Underwriting US Mortgage Customer Service Credit Underwriting Pipeline Management Financial Services non voice Loans mortgage Salesforce Software Configuration Management Loan Origination Finance Management Computer Proficiency

Salary related reviews for Mphasis

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 10 Sep 2023

3.0
 for  Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

read more
  • Skill development - Excellent
  • +2 more

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

read more
  • Promotions - Bad

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 05 May 2023

3.0
 for  Salary and Benefits

Likes

To be frank I'm just ok with their package as compared to other companies but still there is no additional benefits like night shift allowance or bonus.

read more
  • Job security - Good

Dislikes

As a customer chat agent it's really challenging task to work almost 7:45 hours constantly on 3 concerency which will break down our mental health and cause stress and also shif part they will continuously changes according to their need they will not even ask agents that they are comfortable or not and also there will be a huge difference in shifts life one month day shift and next month will be night shift which will cause for health, sleep and peace. If you are looking for peaceful work I would recommend every one to not choose customer support domain in Mphasis.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 05 Jun 2022

1.0
 for  Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

read more
  • Job security - Good

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Dec 2024

1.0
 for  Salary and Benefits

Likes

There’s nothing to like

Dislikes

I was offered a package of 6.7lpa at the time of salary discussion, with the understanding/assurance that after all the deductions I would be getting 47k inhand. When I received my offer letter my package is 5.7lpa, I spoke to them about the same and they said this is the best we can offer. Why did you guys wasted my time if you can’t afford to pay? I would suggest everyone not to work with this organisation.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 19 May 2022

4.0
 for  Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is decent but career growth is slow.

see more salary related reviews

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Mphasis Associate Processor Salary FAQs

What is the salary of Associate Processor at Mphasis in Chennai?
The average salary of a Associate Processor at Mphasis in Chennai typically ranges from ₹2.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate Processor in Chennai at Mphasis earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Associate Processor Salaries at Mphasis 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+ Mphasis employees in India.
What is the estimated take home salary of a Associate Processor at Mphasis in Chennai?
The estimated take-home salary of a Associate Processor at Mphasis in Chennai typically ranges from ₹27,216 to ₹28,622 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year 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 Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate Processor at Mphasis in Chennai?
To be a Associate Processor at Mphasis in Chennai, the key skills required include:

  • - Underwriting
  • - US Mortgage
  • - Customer Service
  • - Credit Underwriting
  • - Pipeline Management

These skills are highly valued at Mphasis and are crucial for successful performance in a Software Engineering role.
What is the salary of a Associate Processor in companies similar to Mphasis in Chennai?
The salary of a Associate Processor at companies similar to Mphasis in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wells Fargo ₹2.8 Lakhs to ₹4.0 Lakhs per year
Exela Technologies ₹1.8 Lakhs to ₹4.0 Lakhs per year
Accenture ₹2.0 Lakhs to ₹2.8 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 Associate Processor at Mphasis in Chennai?
The salary growth for a Associate Processor at Mphasis in Chennai depends on factors such as experience, performance, and promotions. On average, a Associate Processor in Chennai can expect the following growth trajectory at Mphasis:

Experience Average Salary Range
1 year ₹2.3 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.0 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Associate Processor salary in Chennai ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Mphasis latest salaries received from various employees of Mphasis.