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National Payments Corporation of India Associate salaries in Mumbai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹4.5 Lakhs - ₹12.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% more than the average Associate Salary in Financial Services Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA
Associate Salary
1 - 5 years exp. (9 salaries)
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₹5 L/yr - ₹10 L/yr

Risk Management & Compliance
Associate Salary
1 - 5 years exp. (7 salaries)
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₹6 L/yr - ₹12.1 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 4 years exp. (4 salaries)
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₹4 L/yr - ₹12.4 L/yr

Finance & Accounting
Associate Salary
4 - 6 years exp. (4 salaries)
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₹8.2 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹9.4 L/yr

View all

Last Updated: 27 Mar 2025

Companies similar to National Payments Corporation of India for Associate in Mumbai

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National Payments Corporation of India Associate Salary

1 - 6 years exp. (36 salaries)

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₹4.5 L/yr - ₹12.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Nomura Holdings Associate Salary

4 - 14 years exp. (343 salaries)

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₹12 L/yr - ₹41 L/yr

arrow icon 188% more
16 job openings
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₹1.8 L/yr - ₹4 L/yr

arrow icon 65% less
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BA Continuum Associate Salary

7 - 14 years exp. (31 salaries)

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₹21.4 L/yr - ₹44.1 L/yr

arrow icon 299% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 70% less
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Morningstar Associate Salary

0 - 2 years exp. (14 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 46% less
2 job openings
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Sify Technologies Associate Salary

0 - 7 years exp. (10 salaries)

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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 59% less
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Thomson Reuters Associate Salary

1 - 6 years exp. (7 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 51% less
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Fractal Analytics Associate Salary

2 - 7 years exp. (6 salaries)

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₹4.8 L/yr - ₹10 L/yr

arrow icon 20% less
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Wipro Digital Associate Salary

1 - 3 years exp. (5 salaries)

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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 69% less
Associate salary at National Payments Corporation of India ranges between ₹4.5 Lakhs to ₹12.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 36 latest salaries received from various employees of National Payments Corporation of India.

Latest annual salaries shared by National Payments Corporation of India Associate in Mumbai

6d ago
₹10 Lakhs
3 years exp.
1w ago
₹10 Lakhs
3 years exp.
1mo ago
₹12.4 Lakhs
4 years exp.
1mo ago
₹8 Lakhs
2 years exp.
1mo ago
₹10 Lakhs
6 years exp.
1mo ago
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2 years exp.
2mo ago
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1 year exp.
2mo ago
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3 years exp.
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5 years exp.
3mo ago
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3 years exp.

Experience wise National Payments Corporation of India Associate salaries in Mumbai

Last Updated: 27 Mar 2025

Experience Avg Annual Salary
1 year  (9 salaries)

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₹4 L/yr - ₹10 L/yr
2 years  (8 salaries)

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₹3.8 L/yr - ₹10 L/yr
3 years  (8 salaries)

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₹4.5 L/yr - ₹12.1 L/yr
4 years  (5 salaries)

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₹4.7 L/yr - ₹12.4 L/yr
5 years  (3 salaries)

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₹5.2 L/yr - ₹10 L/yr
View all
National Payments Corporation of India Associate Salary and Career Growth

From

To

Associate

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1 - 6 years exp.

Senior Associate

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1 - 10 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 National Payments Corporation of India

Senior Associate Salary
(180 salaries)
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₹5.34 L/yr - ₹21.06 L/yr
Team Lead Salary
(4 salaries)
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₹13 L/yr - ₹24.5 L/yr

Top skills at National Payments Corporation of India for Associate

Major Activities Onboarding PoS E-commerce certified

Salary related reviews for National Payments Corporation of India

3.8

Rated by 6 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 01 Nov 2024

2.0
 for  Salary and Benefits

Likes

Brand image Opportunity to work on financial projects with open source technologies.

  • Skill development - Good

Dislikes

...essary inflating the CTC. FIXED is so low that employee will go into depression. Being a semi government company the compensation policy is worst than private companies. Everyday office. Less public holidays. No Diwali / Birthdays gifts. Stagnant growth due to appraisal on the bell curve system. They expect team work and smooth coordination along with bell curve. Poor management.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 06 Apr 2024

1.0
 for  Salary and Benefits

Likes

Nothing. A terrible company with terrible management.

Dislikes

...nothing but a zoo. Huge crowd and terrible food offerings that too are not free. Employee has to pay for the food. Management: The most unskillled management. Bunch of confused folks, not knowing what to do with the product and have 0 vision of there own projects.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 May 2023

1.0
 for  Salary and Benefits

Likes

Honestly, just the learning…

Dislikes

... environment& bad timings. Too much micromanagement. Processes are not in place. Poor salary, threats of losing the job unnecessarily.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

We can learn anything we want.. any fresher joines here, will become professional. We can take leave whenever we want.

  • Skill development - Excellent
  • +1 more

Dislikes

Work life culture is not balanced, aparece carrier growth. Salary is very low More work load , running their product which is trilloin txns per year with just 1000 emoloyees.. There are some politics going there. Unstructured work life. No compensation for late hour working. Not a friendly environment.. Bosses push us to work more

read more
  • Salary - Poor

Full Time

 · 

Product Management Department

1.0
  •  posted on 26 Feb 2023

2.0
 for  Salary and Benefits

Likes

Only brand that also because its the only org in India being a central payments system and supported by Gov. Mind you it's not a gov organization, it's like a fintech anything and everything can happen to get the work done.

read more

Dislikes

...ost difficult part, it get delayed and some people are non supportive as well. 10: Salary: Less than market standard got amount of work being done. Hike is miniscule like 6-7% that also average rating of 2 which 90% of the employees receive. 11. Job security is less among: Associate, Sr.Associate, Lead and Sr.lead level. Rating is low (below expectations) be ready with another job in hand during yearly appraisal period. 12: Attrition: Highest attrition rate in the BD department. Very much high due to unwanted operational issues. Example: 8 people hard joined with me, 4 immediately put down papers in 2 months and other 3 after 4 months and 1 person left after 2.5 years which took immense toll on body health conditions. 13: Top Management is settled at thier work place since last 15 years. Cruel work culture, one has to do daily meditation and be thick skined to survive in this organization. Overall suggestion: not to keep this org as a top priority to join, 3rd-4th. If you have other offers in hand.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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National Payments Corporation of India Associate Salary FAQs

What is the salary of Associate at National Payments Corporation of India in Mumbai?
The average salary of a Associate at National Payments Corporation of India in Mumbai typically ranges from ₹4.5 Lakhs to ₹12.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate in Mumbai at National Payments Corporation of India earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. Associate Salaries at National Payments Corporation of India 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 30+ National Payments Corporation of India employees in India.
What is the estimated take home salary of a Associate at National Payments Corporation of India in Mumbai?
The estimated take-home salary of a Associate at National Payments Corporation of India in Mumbai typically ranges from ₹64,089 to ₹65,721 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹12.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 30+ salaries received from various employees of National Payments Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at National Payments Corporation of India in Mumbai?
To be a Associate at National Payments Corporation of India in Mumbai, the key skills required include:

  • - Major Activities
  • - Onboarding
  • - PoS
  • - E-commerce
  • - certified

These skills are highly valued at National Payments Corporation of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than National Payments Corporation of India for Associate in India?
BA Continuum ₹21.4 Lakhs to ₹44.1 Lakhs per year
Nomura Holdings ₹12.0 Lakhs to ₹41.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by National Payments Corporation of India, depending on the role and experience level.
What is the salary of a Associate in companies similar to National Payments Corporation of India in Mumbai?
The salary of a Associate at companies similar to National Payments Corporation of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Fractal Analytics ₹4.8 Lakhs to ₹10.0 Lakhs per year
Morningstar ₹3.6 Lakhs to ₹6.0 Lakhs per year
Thomson Reuters ₹3.0 Lakhs to ₹5.0 Lakhs per year
Sify Technologies ₹1.8 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Health Insurance Co ₹1.8 Lakhs to ₹4.0 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 Associate at National Payments Corporation of India in Mumbai?
The salary growth for a Associate at National Payments Corporation of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at National Payments Corporation of India:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹10.0 Lakhs per year
2 years ₹3.8 Lakhs to ₹10.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹12.1 Lakhs per year
4 years ₹4.7 Lakhs to ₹12.4 Lakhs per year
and so on.

Tell us how to improve this page.

National Payments Corporation of India Associate salary in Mumbai ranges between ₹4.5 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 National Payments Corporation of India latest salaries received from various employees of National Payments Corporation of India.