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TerraPay Associate Engineer salaries in India (Updated 2025)

Annual salary range
1 - 2 years exp.
₹3.7 Lakhs - ₹4.8 Lakhs
Salary of majority employees
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25% less than the average Associate Engineer Salary in FinTech Companies for 1 - 2 years of experience

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Salaries in different departments

IT & Information Security
Associate Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.8 L/yr

Engineering - Software & QA
Associate Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.1 L/yr

Last Updated: 8 Mar 2025

Companies similar to TerraPay for Associate Engineer

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹6.5 L/yr

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Cognizant Associate Engineer Salary

1 - 8 years exp. (1.2k salaries)

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₹4.7 L/yr - ₹16.7 L/yr

arrow icon 157% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 2% more
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Tata Steel Associate Engineer Salary

1 - 11 years exp. (911 salaries)

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₹2.1 L/yr - ₹8 L/yr

arrow icon 55% more
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Tata Communications Associate Engineer Salary

0 - 4 years exp. (837 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 32% less
Associate Engineer salary at TerraPay ranges between ₹3.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 7 latest salaries received from various employees of TerraPay.

Latest annual salaries shared by TerraPay Associate Engineer

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Experience wise TerraPay Associate Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.6 L/yr

Similar Designation salaries in TerraPay

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₹5.63 L/yr - ₹19 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
Lead Engineer Salary
(3 salaries)
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₹14.9 L/yr - ₹20.5 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
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₹12 L/yr - ₹18.5 L/yr
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₹6.5 L/yr - ₹13.07 L/yr
Technical Lead Salary
(6 salaries)
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₹15 L/yr - ₹21 L/yr
Java Developer Salary
(10 salaries)
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₹8.28 L/yr - ₹11.55 L/yr
Team Lead Salary
(11 salaries)
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₹6 L/yr - ₹14 L/yr

Salary related reviews for TerraPay

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 May 2024

3.0
 for  Salary and Benefits

Likes

I am blessed to have this organization in initial of my career where the learning is unstoppable and also seniors support is fantastic. Work life balance is perfect with fantastic team outing with teams where apart from work you can chill with your buddies. This made the Terrapay to "TerraPay"

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Nothing as such

Full Time

 · 

Other Department

1.0
  •  posted on 31 Jan 2025

1.0
 for  Salary and Benefits

Likes

"Terrapay is the talk of the town"

Dislikes

The business is fantastic, but what about the management? A thorough Masterclass in Mismanagement. There are Clueless Commanders who make every duty a Decision-Making Debacle. What might have been a smooth travel is being ruined by the Crisis Creators out here.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

2.0
  •  posted on 31 Jan 2025

1.0
 for  Salary and Benefits

Likes

HR team will be more friendly.

Dislikes

Particular department has worst work culture and ethics. Poor management and managers having poor management skills.They will fire you if the managers are not like your work,not extend your shifts etc.You will expect by them to work 24/7 without leaves or personal space. Terrible team.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Dec 2024

4.0
 for  Salary and Benefits

Likes

Its good if u join after you have experience the work life balance is good not much work pressure the business operation department not good I would say the culture is not good nit the department of work but some people who are there for a long time are destroying the environment of the company there are shifts but will pay you good allowance can go upto 10k not much for learning or skill development of you need a chill job it's good for you

read more
  • Salary - Good
  • +3 more

Dislikes

The culture the people the are very kosy specialy operation few of them make the work environment bad test the company is pretty good mthe human resources department is not of any use honestly does not have a say everything is decided by the director and managers so will not help u inany way . Ps this was a honest feedback as honest it could get by a person who has worked there .

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 01 Oct 2023

1.0
 for  Salary and Benefits

Likes

Growing company.

  • Job security - Excellent

Dislikes

Managers treat people like salves. Very disrespectful managers. Even if you raise a complain, no action will be take. The managers made me work every day for than 14hrs and still makes you feel you ain’t worthy for this for this company. Leaves are always denied. No career growth.

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

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TerraPay Associate Engineer Salary FAQs

What is the salary of Associate Engineer at TerraPay ?
The average salary of a Associate Engineer at TerraPay in India typically ranges from ₹3.7 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Associate Engineer at TerraPay earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Associate Engineer Salaries at TerraPay 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 7 TerraPay employees in India.
What is the estimated take home salary of a Associate Engineer at TerraPay in India?
The estimated take-home salary of a Associate Engineer at TerraPay in India typically ranges from ₹30,278 to ₹31,588 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹4.8 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 7 salaries received from various employees of TerraPay. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than TerraPay for Associate Engineer in India?
Cognizant ₹4.7 Lakhs to ₹16.7 Lakhs per year
Tata Steel ₹2.1 Lakhs to ₹8.0 Lakhs per year
Virtusa Consulting Services ₹2.3 Lakhs to ₹6.5 Lakhs per year
L&T Technology Services ₹2.4 Lakhs to ₹6.0 Lakhs per year

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

Tata Communications ₹1.0 Lakhs to ₹5.5 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 Engineer at TerraPay in India?
The salary growth for a Associate Engineer at TerraPay depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at TerraPay:

Experience Average Salary Range
1 year ₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years ₹4.0 Lakhs to ₹7.6 Lakhs per year
and so on.

Tell us how to improve this page.

TerraPay Associate Engineer salary in India ranges between ₹3.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 TerraPay latest salaries received from various employees of TerraPay.