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Mphasis Banking Associate salaries in India

Annual salary range
1 - 11 years exp.
₹2.3 Lakhs - ₹4.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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5% more than the average Banking Associate Salary in IT Services & Consulting Companies for 1 - 11 years of experience

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Last Updated: 31 Jul 2024

Companies similar to Mphasis for Banking Associate

Company name Avg Annual Salary Open Jobs
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TCS Banking Associate Salary

1 - 6 years exp. (33 salaries)

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₹2.1 L/yr - ₹4 L/yr

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Wipro Banking Associate Salary

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₹2 L/yr - ₹4.1 L/yr

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0 - 3 years exp. (10 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

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Coforge Banking Associate Salary

1 - 3 years exp. (4 salaries)

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₹2.3 L/yr - ₹3 L/yr

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Accenture Banking Associate Salary

0 - 5 years exp. (95 salaries)

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₹1.8 L/yr - ₹5.8 L/yr

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Banking Associate salary at Mphasis ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Banking Associate

4mo ago
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2 years exp.
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11 years exp.
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1 year exp.
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10 years exp.

Experience wise Mphasis Banking Associate salaries

Last Updated: 31 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
10 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for Mphasis

1.0

Rated by 1 employees for salary & benefits

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

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 07 Jun 2023

1.0
 for  Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

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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.

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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.

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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.

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Dislikes

Salary is decent but career growth is slow.

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 18 Dec 2020

5.0
 for  Salary and Benefits

Likes

For the early phase company provided additional amount as Hardship allowances in the salary which really helped me to do some food donations and other things. I worked more than working hours to meet my goals and then have donated other remaining money to needy people.

read more

Dislikes

There is nothing to dislike. Everytime I entered I felt secure.

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Mphasis Banking Associate Salary FAQs

What is the salary of Banking Associate at Mphasis?
Banking Associate salary at Mphasis in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs for experience between 1 years to 11 years. According to our estimates it is 5% more than the average Banking Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mphasis India.
How does the salary of a Banking Associate at Mphasis India compare with the average salary range for this job?
The average salary of a Banking Associate at Mphasis is 5% more than the average salary of a Banking Associate in India. To know exact salary insights, login to view.
What is the salary of a Banking Associate in companies similar to Mphasis in India?
  • Wipro Banking Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
  • TCS Banking Associate Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
  • Accenture Banking Associate Salary - ₹1.8 Lakhs to ₹5.8 Lakhs per year
  • Coforge Banking Associate Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
  • HCLTech Banking Associate Salary - ₹1.1 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Banking Associate at Mphasis in India?
The estimated take-home salary of a Banking Associate at Mphasis ranges between ₹25,916 per month to ₹27,341 per month in India. The take-home salary calculation is based on the average Mphasis Banking Associate salary in India which ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Banking Associate at Mphasis?
According to AmbitionBox, 75% of the Mphasis Banking Associates reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mphasis Banking Associate salary in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mphasis latest salaries received from various employees of Mphasis.