Mphasis Principal Software Engineer Salaries by 5 Employees (Updated 2025)

5 - 7 years exp.

₹18.5 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Principal Software Engineer Salary in IT Services & Consulting Companies for 5 - 7 years of experience

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Last Updated: 21 Feb 2024

Companies similar to Mphasis for Principal Software Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Principal Software Engineer Salary 8 - 14 years exp. (12 salaries)	₹16 L/yr - ₹43.7 L/yr 43% more
Infosys Principal Software Engineer Salary 7 - 18 years exp. (11 salaries)	₹18.9 L/yr - ₹45 L/yr 64% more
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Wipro Principal Software Engineer Salary 6 - 13 years exp. (7 salaries)	₹11.6 L/yr - ₹40 L/yr 40% more
HCLTech Principal Software Engineer Salary 9 - 20 years exp. (8 salaries)	₹23 L/yr - ₹50 L/yr 76% more
Tech Mahindra Principal Software Engineer Salary 2 - 16 years exp. (7 salaries)	₹15 L/yr - ₹40 L/yr 65% more
LTIMindtree Principal Software Engineer Salary 11 - 21 years exp. (24 salaries)	₹22 L/yr - ₹42 L/yr 78% more
Persistent Systems Principal Software Engineer Salary 4 - 16 years exp. (4 salaries)	₹24 L/yr - ₹42 L/yr 72% more
Nagarro Principal Software Engineer Salary 8 - 15 years exp. (12 salaries)	₹26 L/yr - ₹42.5 L/yr 98% more
NTT Data Principal Software Engineer Salary 10 - 15 years exp. (7 salaries)	₹12 L/yr - ₹20 L/yr 16% less
Hewlett Packard Enterprise Principal Software Engineer Salary 12 - 23 years exp. (5 salaries)	₹30 L/yr - ₹52 L/yr 172% more
DXC Technology Principal Software Engineer Salary 8 - 21 years exp. (5 salaries)	₹12 L/yr - ₹40 L/yr 52% more
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GlobalLogic Principal Software Engineer Salary 9 - 11 years exp. (4 salaries)	₹23.5 L/yr - ₹42 L/yr 76% more
Sutherland Global Services Principal Software Engineer Salary 4 - 15 years exp. (4 salaries)	₹6.1 L/yr - ₹23 L/yr 30% less
Virtusa Consulting Services Principal Software Engineer Salary 12 - 15 years exp. (4 salaries)	₹20 L/yr - ₹45 L/yr 51% more
CGI Group Principal Software Engineer Salary 10 - 18 years exp. (4 salaries)	₹23 L/yr - ₹45 L/yr 55% more
Societe Generale Global Solution Centre Principal Software Engineer Salary 13 years exp. (3 salaries)	₹32.9 L/yr - ₹42.1 L/yr 96% more

Principal Software Engineer salary at Mphasis ranges between ₹18.5 Lakhs to ₹20.5 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Mphasis.

Experience wise Mphasis Principal Software Engineer salaries

Last Updated: 21 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹18.5 L/yr
6 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹20.5 L/yr
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7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20.5 L/yr

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Salary related reviews for Mphasis

4.0

Rated by 1 employees for salary & benefits

Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 Dec 2024

1.0

for Salary and Benefits

Likes

Literally nothing, can't even give tissue paper, to take some office supplies u need to go to different building, wifi doesn't work in the office

Dislikes

No promotion, will make u work long hours, no perks, no salary hike, got acquired from another company, didn't wanted to join but no choice had to serve the notice period, no promotion for 2 years

Salary - Bad

+6 more

Lead Software Engineer in Bangalore / Bengaluru

Full Time

IT & Information Security Department

4.0

• posted on 07 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance is good, Manager is comparative and Leave approvals are not at all Hard (if any pending). Learning is good. Team mates and work culture is average.

Job security - Good

+1 more

Dislikes

No salary Hikes for years. No increments and appreciation. Once selected please come with high package already so that , no worries till next few months/year.

Promotions - Poor

Associate Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Job security is there, on the same hand there are no hikes and variable pays on the name of cost cutting is really terrible. If will get good clients or projects then may be these stats will change.

Job security - Good

Dislikes

Work environment is not good, sometimes too much pressure will be there on employees, no management at all. Too much politics, client relations are also not good.

Salary - Poor

+3 more

Associate Software Engineer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 17 May 2024

3.0

for Salary and Benefits

Likes

Overall it is good for learning. Its just learning platform.

Skill development - Good

+3 more

Dislikes

Appraisal are not good. Salary is not worth for the work we do. There are not even perks provided for festivals as a gratitude to employees. it is having more people struggling to get paid properly.

Promotions - Bad

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 16 Feb 2025

1.0

for Salary and Benefits

Likes

Work life balance is good but no salary hike from 3.5 yrs no recognition also

Job security - Good

+1 more

Dislikes

Such a worst company I have ever seen in my life no hikes from 3.5 yrs and also gave permission with zero hikes which will make very discussing don't join this company ever

Salary - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mphasis Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Mphasis?

Principal Software Engineer salary at Mphasis in India ranges between ₹18.5 Lakhs to ₹20.5 Lakhs for experience between 5 years to 7 years. According to our estimates it is 41% less than the average Principal Software Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mphasis India.

How does the salary of a Principal Software Engineer at Mphasis India compare with the average salary range for this job?

The average salary of a Principal Software Engineer at Mphasis is 41% less than the average salary of a Principal Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mphasis to a Principal Software Engineer in India?

Hewlett Packard Enterprise Principal Software Engineer Salary - ₹30.0 Lakhs to ₹52.0 Lakhs per year
Nagarro Principal Software Engineer Salary - ₹26.0 Lakhs to ₹42.5 Lakhs per year
Societe Generale Global Solution Centre Principal Software Engineer Salary - ₹32.9 Lakhs to ₹42.1 Lakhs per year
LTIMindtree Principal Software Engineer Salary - ₹22.0 Lakhs to ₹42.0 Lakhs per year
GlobalLogic Principal Software Engineer Salary - ₹23.5 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Principal Software Engineer in companies similar to Mphasis in India?

HCLTech Principal Software Engineer Salary - ₹23.0 Lakhs to ₹50.0 Lakhs per year
Persistent Systems Principal Software Engineer Salary - ₹24.0 Lakhs to ₹42.0 Lakhs per year
Tech Mahindra Principal Software Engineer Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
Infosys Principal Software Engineer Salary - ₹18.9 Lakhs to ₹45.0 Lakhs per year
CGI Group Principal Software Engineer Salary - ₹23.0 Lakhs to ₹45.0 Lakhs per year

What is the estimated take home salary of a Principal Software Engineer at Mphasis in India?

The estimated take-home salary of a Principal Software Engineer at Mphasis ranges between ₹1,24,588 per month to ₹1,28,456 per month in India. The take-home salary calculation is based on the average Mphasis Principal Software Engineer salary in India which ranges between ₹18.5 Lakhs to ₹20.5 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Principal Software Engineer at Mphasis?

According to AmbitionBox, 67% of the Mphasis Principal Software Engineers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mphasis Principal Software Engineer Salaries

Mphasis Principal Software Engineer salary in India ranges between ₹18.5 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mphasis latest salaries received from various employees of Mphasis.