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Mphasis Software Engineer III salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹4.5 Lakhs - ₹12 Lakhs
Salary of majority employees
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74% less than the average Software Engineer III Salary in IT Services & Consulting Companies for 1 - 5 years of experience

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Last Updated: 25 Feb 2025

Companies similar to Mphasis for Software Engineer III

Company name Avg Annual Salary Open Jobs
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TCS Software Engineer III Salary

2 - 11 years exp. (8 salaries)

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₹3 L/yr - ₹32.2 L/yr

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Infosys Software Engineer III Salary

3 - 6 years exp. (7 salaries)

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₹8 L/yr - ₹26.5 L/yr

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Wipro Software Engineer III Salary

1 - 9 years exp. (22 salaries)

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₹4.4 L/yr - ₹17.3 L/yr

arrow icon 41% more
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HCLTech Software Engineer III Salary

5 - 9 years exp. (3 salaries)

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₹5 L/yr - ₹25 L/yr

arrow icon 151% more
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LTIMindtree Software Engineer III Salary

5 - 6 years exp. (3 salaries)

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₹6.1 L/yr - ₹17.3 L/yr

arrow icon 67% more
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₹4.7 L/yr - ₹17 L/yr

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UST Software Engineer III Salary

3 - 6 years exp. (47 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 81% more
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₹19.6 L/yr - ₹35 L/yr

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₹5 L/yr - ₹6.5 L/yr

arrow icon 20% less
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Nagarro Software Engineer III Salary

7 - 9 years exp. (4 salaries)

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₹24 L/yr - ₹30 L/yr

arrow icon 288% more
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Coforge Software Engineer III Salary

8 - 11 years exp. (4 salaries)

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₹33 L/yr - ₹35 L/yr

arrow icon 383% more
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CGI Group Software Engineer III Salary

3 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹7.5 L/yr

arrow icon 1% more
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Cyient Software Engineer III Salary

2 - 5 years exp. (3 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 22% less
Software Engineer III salary at Mphasis ranges between ₹4.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 20 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Software Engineer III

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Experience wise Mphasis Software Engineer III salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹4.8 L/yr
2 years  (4 salaries)

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₹5.2 L/yr - ₹6 L/yr
3 years  (8 salaries)

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₹4.5 L/yr - ₹12 L/yr
4 years  (3 salaries)

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₹3.4 L/yr - ₹15.3 L/yr
5 years  (3 salaries)

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₹9.5 L/yr - ₹17.5 L/yr

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Salary related reviews for Mphasis

1.6

Rated by 2 employees for salary & benefits

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

read more

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 30 Nov 2024

2.0
 for  Salary and Benefits

Likes

Your life will be easy if your manager is good. If not best of luck with your stress.

  • Job security - Good
  • +1 more

Dislikes

Being a very big company, no perk or benifits. Insurance policy sucks, you may need to pay a significant amount if you need a better one.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 04 Oct 2024

1.0
 for  Salary and Benefits

Likes

There is nothing good here, join only if there is no other offer and better work options, It's not at all a good place to work as company doesn't care for its employees growth in any manner like professional career or salary/incentive,.all that matters to the company is make more profit at any cost

read more

Dislikes

Space not sufficient here avoid joining Mphasis No work-life balance No hike, no promotion No career growth No good coding/development practice it's all out put oriented development who cares for good scalable modularized easy maintenance readable code !

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 03 Sep 2024

1.0
 for  Salary and Benefits

Likes

...rojects 4. Worst ODC policies 5. Worst Health insurance rules and regulations 6. WORST BENCH Policies, like Half salary and No Salary. you never get a salary if bench cross 60 days 7. Worst administration 8. Company management behaves like miser 9. Third class mentality high level hierarchy 10. If you keenly observe the Mphasis is such a worst company among all for example, a. Last block in the SEZ b. Last floors in the SEZ c. Last parking in the cellar d. Very limited parking for 4 wheelers

read more

Dislikes

Worst company in the world. Never join and stuck up there

  • Salary - Bad
  • +4 more
see more salary related reviews

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Mphasis Software Engineer III Salary FAQs

What is the salary of Software Engineer III at Mphasis ?
The average salary of a Software Engineer III at Mphasis in India typically ranges from ₹4.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Engineer III at Mphasis earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Software Engineer III 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 20+ Mphasis employees in India.
What is the estimated take home salary of a Software Engineer III at Mphasis in India?
The estimated take-home salary of a Software Engineer III at Mphasis in India typically ranges from ₹53,010 to ₹54,329 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ 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 Software Engineer III in India?
Coforge ₹33.0 Lakhs to ₹35.0 Lakhs per year
Hewlett Packard Enterprise ₹19.6 Lakhs to ₹35.0 Lakhs per year
Nagarro ₹24.0 Lakhs to ₹30.0 Lakhs per year
HCLTech ₹5.0 Lakhs to ₹25.0 Lakhs per year
TCS ₹3.0 Lakhs to ₹32.2 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.
What is the salary of a Software Engineer III in companies similar to Mphasis in India?
The salary of a Software Engineer III at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Infosys ₹8.0 Lakhs to ₹26.5 Lakhs per year
UST ₹7.0 Lakhs to ₹20.0 Lakhs per year
LTIMindtree ₹6.1 Lakhs to ₹17.3 Lakhs per year
Persistent Systems ₹4.7 Lakhs to ₹17.0 Lakhs per year
Wipro ₹4.4 Lakhs to ₹17.3 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 Software Engineer III at Mphasis in India?
The salary growth for a Software Engineer III at Mphasis depends on factors such as experience, performance, and promotions. On average, a Software Engineer III can expect the following growth trajectory at Mphasis:

Experience Average Salary Range
1 year ₹4.5 Lakhs to ₹4.8 Lakhs per year
2 years ₹5.2 Lakhs to ₹6.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹12.0 Lakhs per year
4 years ₹3.4 Lakhs to ₹15.3 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Software Engineer III salary in India ranges between ₹4.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Mphasis latest salaries received from various employees of Mphasis.