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Mphasis Transaction Processing Associate salaries in Chennai

Annual salary range
0 - 2 years exp.
₹2.1 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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32% less than the average Transaction Processing Associate Salary in IT Services & Consulting Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Transaction Processing Associate Salary
1 - 2 years exp. (4 salaries)
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₹2.3 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Transaction Processing Associate Salary
0 - 2 years exp. (4 salaries)
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₹2.1 L/yr - ₹2.5 L/yr

Finance & Accounting
Transaction Processing Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 16 Feb 2025

Companies similar to Mphasis for Transaction Processing Associate in Chennai

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Mphasis Transaction Processing Associate Salary

0 - 2 years exp. (12 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

vs
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TCS Transaction Processing Associate Salary

1 - 5 years exp. (7 salaries)

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₹2 L/yr - ₹3.4 L/yr

arrow icon 22% more
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₹2 L/yr - ₹5 L/yr

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UST Transaction Processing Associate Salary

2 - 7 years exp. (3 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 42% more
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₹1 L/yr - ₹8.3 L/yr

arrow icon 39% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 13% more
Transaction Processing Associate salary at Mphasis ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 12 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Transaction Processing Associate in Chennai

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Experience wise Mphasis Transaction Processing Associate salaries in Chennai

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4 L/yr
1 year  (9 salaries)

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₹2.1 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4.5 L/yr
Mphasis Transaction Processing Associate Salary and Career Growth

From

To

Transaction Processing Associate

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0 - 3 years exp.

Process Quality Analyst

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8 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mphasis

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₹2 L/yr - ₹6.5 L/yr
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₹1.4 L/yr - ₹5 L/yr

Top skills at Mphasis for Transaction Processing Associate

US Mortgage Transaction Processing Insurance

Salary related reviews for Mphasis

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Apr 2023

1.0
 for  Salary and Benefits

Likes

Nothing to say about Mphasis not much

Dislikes

...t of Rd. Manager's partiality is very high . Reallocation every time from Pune . From same employee they don't ask and joining is included in every month pay slips. No shift allowance for working in night shift as well. just for even less pay to get experience we can work here. My recommendation to avoid. I don't know about others job role but. They paid from client. But they don't give any benefit. Pf is very low they deposit very less.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Nov 2024

2.0
 for  Salary and Benefits

Likes

...pany is only good to start the career. Just survive for 1 or 2 years and switch. Company provides a cab transport but it get deducted from salary. No appraisal and increments.

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  • Job security - Good

Dislikes

The company policies are not good. Working hours are always extended Overall staff is good . If you are fresher it's good join for 1 or 2 years for experience and then quit.

read more
  • Salary - Poor
  • +2 more

BFSI, Investments & Trading Department

2.0
  •  posted on 06 Sep 2022

2.0
 for  Salary and Benefits

Likes

Nothing very sad all corporate politics between Bangalore and pune location

Dislikes

Everything very long delay in cab . Salary is very less. And employee contribution they deduct from your salary. Employer contribution is very less 30% example : they deduct 1500 from your salary they will deposit 450 to your pf account. Very less u can't save more money in pf account no hikes less than 10% no shift allowance. They say that they will give performance incentive less than 1000rs or 1000 . No free food and for morning shift cab they deduct 1000rs for cab . Totally no growth.

read more
  • Salary - Poor
  • +5 more

Xyz Department

4.0
  •  posted on 20 Nov 2020

3.0
 for  Salary and Benefits

Likes

The good thing is if remove salary from the equation overall facilities pretty amazing. It's has nice work culture, good and stress free environment for work and most important of all the company cares and respects it's employees. You won't be dissapointed if you need leaves for any reason it's just that you will have to apply for it in advance.

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  • Job security - Excellent
  • +3 more

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

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  • 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

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  • Promotions - Bad
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Mphasis Transaction Processing Associate Salary FAQs

What is the salary of Transaction Processing Associate at Mphasis Chennai?
Transaction Processing Associate salary at Mphasis in Chennai ranges between ₹2.1 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 32% less than the average Transaction Processing Associate Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Mphasis Chennai.
How does the salary of a Transaction Processing Associate at Mphasis Chennai compare with the average salary range for this job?
The average salary of a Transaction Processing Associate at Mphasis is 32% less than the average salary of a Transaction Processing Associate in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Transaction Processing Associate at Mphasis?
US Mortgage, Transaction Processing and Insurance are some of the popular skills required to work as a Transaction Processing Associate at Mphasis Chennai.
Which similar companies are paying more than Mphasis to a Transaction Processing Associate in Chennai?
  • UST Transaction Processing Associate Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
  • Accenture Transaction Processing Associate Salary - ₹1.0 Lakhs to ₹8.3 Lakhs per year
  • Sutherland Global Services Transaction Processing Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • TCS Transaction Processing Associate Salary - ₹2.0 Lakhs to ₹3.4 Lakhs per year
  • Sutherland Healthcare Solutions Transaction Processing Associate Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Transaction Processing Associate at Mphasis in Chennai?
The estimated take-home salary of a Transaction Processing Associate at Mphasis ranges between ₹17,057 per month to ₹18,764 per month in Chennai. The take-home salary calculation is based on the average Mphasis Transaction Processing Associate salary in India which ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Transaction Processing Associate at Mphasis in Chennai?
According to AmbitionBox, 46% of the Mphasis Transaction Processing Associates in Chennai reported a notice period of 2 Months, 39% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mphasis Transaction Processing Associate salary in Chennai ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Mphasis latest salaries received from various employees of Mphasis.