Mphasis Banking Officer Salaries by 6 Employees (Updated 2025)

0 - 2 years exp.

₹1.8 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Banking Officer Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations Banking Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
BFSI, Investments & Trading Banking Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Data Science & Analytics Banking Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
Finance & Accounting Banking Officer Salary Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 10 Jan 2025

Companies similar to Mphasis for Banking Officer

Company name	Avg Annual Salary	Open Jobs
Atos Banking Officer Salary 2 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 2% more
Coforge Banking Officer Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹3.5 L/yr 18% more
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ICICI Bank Banking Officer Salary 0 - 6 years exp. (564 salaries)	₹1 L/yr - ₹6.7 L/yr 45% more
IDFC FIRST Bank Banking Officer Salary 0 - 6 years exp. (497 salaries)	₹2 L/yr - ₹5.3 L/yr 40% more
HDFC Bank Banking Officer Salary 0 - 8 years exp. (441 salaries)	₹1 L/yr - ₹6 L/yr 29% more

Banking Officer salary at Mphasis ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Banking Officer salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
1 year (4 salaries)	₹1.8 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

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Salary related reviews for Mphasis

Senior Analyst in Pune

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

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

Promotions - Bad

Financial Analyst in Bangalore / Bengaluru

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.

Salary - Bad

+6 more

Process Associate in Bangalore / Bengaluru

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.

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.

Salary - Bad

+4 more

Process Associate in Pune

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.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.

Senior Associate in Pune

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.

Salary - Excellent

+6 more

Dislikes

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

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What people are saying about Mphasis

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a development consultant

1w (edited)

Harman VS Deloitte VS MPhasis

Which company should I join as QA having 5.5 yrs of exp?

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Mphasis Banking Officer Salary FAQs

What is the salary of Banking Officer at Mphasis ?

The average salary of a Banking Officer at Mphasis in India typically ranges from ₹1.8 Lakhs to ₹2.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Banking Officer at Mphasis earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Banking Officer 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 6 Mphasis employees in India.

What is the estimated take home salary of a Banking Officer at Mphasis in India?

The estimated take-home salary of a Banking Officer at Mphasis in India typically ranges from ₹16,902 to ₹18,611 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from Fresher to 2 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 6 salaries received from various employees of Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mphasis for Banking Officer in India?

ICICI Bank	₹1.0 Lakhs to ₹6.7 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹5.3 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹6.0 Lakhs per year
Coforge	₹2.3 Lakhs to ₹3.5 Lakhs per year
Atos	₹2.2 Lakhs to ₹3.0 Lakhs per year

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

How the salary growth look like for a Banking Officer at Mphasis in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.1 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Mphasis Banking Officer Salaries

Mphasis Banking Officer salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mphasis latest salaries received from various employees of Mphasis.