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4.0

based on 579 Reviews

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National Payments Corporation of India Software Engineer salaries in Mumbai

Annual salary range
1 - 2 years exp.
₹6 Lakhs - ₹9 Lakhs
Salary of majority employees
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12% more than the average Software Engineer Salary in Financial Services Companies for 1 - 2 years of experience

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Last Updated: 16 May 2024

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National Payments Corporation of India Software Engineer Salary

1 - 2 years exp. (6 salaries)

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₹6 L/yr - ₹9 L/yr

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Software Engineer salary at National Payments Corporation of India ranges between ₹6 Lakhs to ₹9 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 Engineer in Mumbai

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Experience wise National Payments Corporation of India Software Engineer salaries in Mumbai

Last Updated: 16 May 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹6 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)

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₹7 L/yr - ₹15.6 L/yr

Similar Designation salaries in National Payments Corporation of India

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₹6.5 L/yr - ₹8 L/yr
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₹4.7 L/yr - ₹10 L/yr
Team Lead Salary
(4 salaries)
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₹13 L/yr - ₹24.5 L/yr

Salary related reviews for National Payments Corporation of India

3.4

Rated by 2 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.

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.

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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.

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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.

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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.

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

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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.

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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.

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National Payments Corporation of India Software Engineer Salary FAQs

What is the salary of Software Engineer at National Payments Corporation of India Mumbai?
Software Engineer salary at National Payments Corporation of India in Mumbai ranges between ₹6.0 Lakhs to ₹9.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 12% more than the average Software Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of National Payments Corporation of India Mumbai.
How does the salary of a Software Engineer at National Payments Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Software Engineer at National Payments Corporation of India is 12% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than National Payments Corporation of India to a Software Engineer in Mumbai?
  • BA Continuum Software Engineer Salary - ₹7.5 Lakhs to ₹25.8 Lakhs per year
  • Fractal Analytics Software Engineer Salary - ₹6.5 Lakhs to ₹18.8 Lakhs per year
  • Morningstar Software Engineer Salary - ₹6.0 Lakhs to ₹17.4 Lakhs per year
What is the salary of a Software Engineer in companies similar to National Payments Corporation of India in Mumbai?
  • HDFC Bank Software Engineer Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year
  • ICICI Bank Software Engineer Salary - ₹6.2 Lakhs to ₹10.3 Lakhs per year
  • Wipro Software Engineer Salary - ₹1.8 Lakhs to ₹14.0 Lakhs per year
  • Axis Bank Software Engineer Salary - ₹3.0 Lakhs to ₹9.9 Lakhs per year
  • TCS Software Engineer Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Software Engineer at National Payments Corporation of India in Mumbai?
The estimated take-home salary of a Software Engineer at National Payments Corporation of India ranges between ₹60,798 per month to ₹62,337 per month in Mumbai. The take-home salary calculation is based on the average National Payments Corporation of India Software Engineer salary in India which ranges between ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?
What is the notice period for Software Engineer at National Payments Corporation of India in Mumbai?
According to AmbitionBox, 75% of the National Payments Corporation of India Software Engineers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

National Payments Corporation of India Software Engineer salary in Mumbai ranges between ₹6 Lakhs to ₹9 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.