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National Payments Corporation of India Software Development Engineer salaries in India (Updated 2025)

Annual salary range
1 - 2 years exp.
₹7.5 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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45% less than the average Software Development Engineer Salary in Financial Services Companies for 1 - 2 years of experience

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Last Updated: 2 Apr 2025

Companies similar to National Payments Corporation of India for Software Development Engineer

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₹8.3 L/yr - ₹23.1 L/yr

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Vedantu Software Development Engineer Salary

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₹9 L/yr - ₹17 L/yr

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Udaan Software Development Engineer Salary

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₹22.2 L/yr - ₹27.7 L/yr

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₹21 L/yr - ₹30 L/yr

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₹6 L/yr - ₹10 L/yr

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₹3.1 L/yr - ₹3.6 L/yr

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₹10 L/yr - ₹17 L/yr

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₹6.5 L/yr - ₹22.1 L/yr

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₹6.4 L/yr - ₹7.3 L/yr

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₹9 L/yr - ₹10.6 L/yr

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Software Development Engineer salary at National Payments Corporation of India ranges between ₹7.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 6 latest salaries received from various employees of National Payments Corporation of India.

Latest annual salaries shared by National Payments Corporation of India Software Development Engineer

2d ago
₹7.5 Lakhs
2 years exp.
1mo ago
₹8.5 Lakhs
2 years exp.
1mo ago
₹8 Lakhs
2 years exp.
2mo ago
₹8 Lakhs
2 years exp.
3mo ago
₹7.5 Lakhs
1 year exp.

Experience wise National Payments Corporation of India Software Development Engineer salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
2 years  (4 salaries)

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₹7.5 L/yr - ₹8.5 L/yr

Similar Designation salaries in National Payments Corporation of India

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₹4.7 L/yr - ₹12 L/yr
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₹3.5 L/yr - ₹12 L/yr
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₹10 L/yr - ₹24 L/yr
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₹3.7 L/yr - ₹5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
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₹3.2 L/yr - ₹10 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹26.6 L/yr - ₹33.9 L/yr
Java Developer Salary
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₹5.53 L/yr - ₹9 L/yr
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Lead Engineer Salary
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₹14 L/yr - ₹40 L/yr

Salary related reviews for National Payments Corporation of India

1.0

Rated by 1 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 Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at National Payments Corporation of India ?
The average salary of a Software Development Engineer at National Payments Corporation of India in India typically ranges from ₹7.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Software Development Engineer at National Payments Corporation of India earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Software Development Engineer 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 6 National Payments Corporation of India employees in India.
What is the estimated take home salary of a Software Development Engineer at National Payments Corporation of India in India?
The estimated take-home salary of a Software Development Engineer at National Payments Corporation of India in India typically ranges from ₹56,815 to ₹58,242 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 1 year 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 National Payments Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than National Payments Corporation of India for Software Development Engineer in India?
Unacademy ₹21.0 Lakhs to ₹30.0 Lakhs per year
Udaan ₹22.2 Lakhs to ₹27.7 Lakhs per year
Vedantu ₹20.0 Lakhs to ₹22.0 Lakhs per year
LivSpace ₹13.0 Lakhs to ₹25.0 Lakhs per year
Oyo Rooms ₹9.0 Lakhs to ₹26.5 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 Software Development Engineer in companies similar to National Payments Corporation of India in India?
The salary of a Software Development Engineer at companies similar to National Payments Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Fractal Analytics ₹10.0 Lakhs to ₹17.0 Lakhs per year
BA Continuum ₹6.5 Lakhs to ₹22.1 Lakhs per year
Pine Labs ₹8.3 Lakhs to ₹23.1 Lakhs per year
HighRadius ₹9.0 Lakhs to ₹17.0 Lakhs per year
Morningstar ₹10.0 Lakhs to ₹14.0 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 Software Development Engineer at National Payments Corporation of India in India?
The salary growth for a Software Development Engineer at National Payments Corporation of India depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer can expect the following growth trajectory at National Payments Corporation of India:

Experience Average Salary Range
1 year ₹6.8 Lakhs to ₹8.6 Lakhs per year
2 years ₹7.5 Lakhs to ₹8.5 Lakhs per year
and so on.

Tell us how to improve this page.

National Payments Corporation of India Software Development Engineer salary in India ranges between ₹7.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 National Payments Corporation of India latest salaries received from various employees of National Payments Corporation of India.