Xyz Company Mumbai Softwaretest Engineer Salaries by 10+ Employees (Updated 2025)

2 - 5 years exp.

₹15.2 Lakhs - ₹24 Lakhs

Avg. annual salary

Monthly In-hand Salary

247% more than the average Softwaretest Engineer Salary in Financial Services Companies for 2 - 5 years of experience

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Last Updated: 13 Mar 2025

Companies similar to Xyz Company for Softwaretest Engineer in Mumbai

Xyz Company Softwaretest Engineer Salary

2 - 5 years exp. (11 salaries)

₹15.2 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Softwaretest Engineer Salary 0 - 4 years exp. (10 salaries)	₹2 L/yr - ₹5.2 L/yr 77% less
JPMorgan Chase & Co. Softwaretest Engineer Salary 2 - 8 years exp. (10 salaries)	₹15.3 L/yr - ₹26.6 L/yr 1% less
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BNY Softwaretest Engineer Salary 2 - 4 years exp. (9 salaries)	₹3.5 L/yr - ₹4.8 L/yr 78% less
BNP Paribas Softwaretest Engineer Salary 4 - 5 years exp. (6 salaries)	₹7 L/yr - ₹19.6 L/yr 48% less
Morgan Stanley Softwaretest Engineer Salary 2 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹9.4 L/yr 76% less
Motilal Oswal Financial Services Softwaretest Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹9 L/yr 69% less
Kotak Securities Softwaretest Engineer Salary 0 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹16 L/yr 67% less
UBS Softwaretest Engineer Salary 2 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹5.6 L/yr 76% less

Softwaretest Engineer salary at Xyz Company ranges between ₹15.2 Lakhs to ₹24 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 11 latest salaries received from various employees of Xyz Company.

Latest annual salaries shared by Xyz Company Softwaretest Engineer in Mumbai

3w ago

₹17 Lakhs

2 years exp.

3w ago

₹18 Lakhs

2 years exp.

3w ago

₹18 Lakhs

2 years exp.

3w ago

₹18 Lakhs

2 years exp.

3w ago

₹21.7 Lakhs

5 years exp.

3w ago

5 years exp.

3w ago

5 years exp.

4w ago

3 years exp.

1y ago

3 years exp.

1y ago

4 years exp.

Experience wise Xyz Company Softwaretest Engineer salaries in Mumbai

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹6.1 L/yr - ₹18 L/yr
3 years (3 salaries)	₹7 L/yr - ₹24 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
5 years (3 salaries)	₹21.7 L/yr - ₹40 L/yr

Similar Designation salaries in Xyz Company

Technical Lead Salary

(12 salaries)

₹9.9 L/yr - ₹27.45 L/yr

Senior Consultant Salary

(5 salaries)

₹14 L/yr - ₹34.15 L/yr

Salary related reviews for Xyz Company

3.7

Rated by 5 employees for salary & benefits

Junior Works Manager in Karimnagar

Financial Department

5.0

• posted on 04 Jul 2022

5.0

for Salary and Benefits

Likes

...afeteria and gaming arcade for chilling company policies are good appraisal are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow threre is a bond of 2 years before which you cannot resign on the job training is not given to new joinees

Financial Service Consultant in New Delhi

Financial Services Department

4.0

• posted on 25 Nov 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

Analyst in Mumbai Suburban

Data Science & Analytics Department

5.0

• posted on 21 Sep 2021

5.0

for Salary and Benefits

Likes

High job security,great work culture,great management,employee friendly company policies and great learning and growing opportunities

Salary - Excellent

+6 more

Dislikes

Compensation is decent,but growth is slow.The work pressure is very high.Sometimes,I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night.

Factility Management in Any

Other Department

1.0

• posted on 23 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Company culture - Poor

Site Supervisor in New Delhi

Other Department

3.0

• posted on 05 Apr 2021

3.0

for Salary and Benefits

Likes

Good warm environment and culture . Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Skill development - Good

+1 more

Dislikes

The management doesn'taddress our issues salary is decent but career growth is slow there is a bond of 3 years before which you con not resign on the job training is not given to new joinees

see more salary related reviews

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What people are saying about Xyz Company

View All

johntheripper

works at

Xyz Company

I was ghosted after submitting the documents and clearing all the rounds.

Hi All,Is it me or you guys also facing a situation where HR ghosted after asking all the documents for verification,it is stressful as they are ghosting without any feedback after clearing all the rounds.

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Xyz Company Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Xyz Company in Mumbai?

The average salary of a Softwaretest Engineer at Xyz Company in Mumbai typically ranges from ₹15.2 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Softwaretest Engineer in Mumbai at Xyz Company earn more than ₹22.6 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Softwaretest Engineer Salaries at Xyz Company 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 10+ Xyz Company employees in India.

What is the estimated take home salary of a Softwaretest Engineer at Xyz Company in Mumbai?

The estimated take-home salary of a Softwaretest Engineer at Xyz Company in Mumbai typically ranges from ₹1,37,436 to ₹1,42,513 per month. This is based on the average salary range of ₹15.2 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 10+ salaries received from various employees of Xyz Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Softwaretest Engineer in companies similar to Xyz Company in Mumbai?

The salary of a Softwaretest Engineer at companies similar to Xyz Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹15.3 Lakhs to ₹26.6 Lakhs per year
BNP Paribas	₹7.0 Lakhs to ₹19.6 Lakhs per year
Kotak Securities	₹2.4 Lakhs to ₹16.0 Lakhs per year
Motilal Oswal Financial Services	₹2.4 Lakhs to ₹9.0 Lakhs per year
Morgan Stanley	₹3.8 Lakhs to ₹9.4 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 Softwaretest Engineer at Xyz Company in Mumbai?

The salary growth for a Softwaretest Engineer at Xyz Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer in Mumbai can expect the following growth trajectory at Xyz Company:

Experience	Average Salary Range
2 years	₹6.1 Lakhs to ₹18.0 Lakhs per year
3 years	₹7.0 Lakhs to ₹24.0 Lakhs per year
4 years	₹17.9 Lakhs to ₹22.9 Lakhs per year
5 years	₹21.7 Lakhs to ₹40.0 Lakhs per year

and so on.

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Xyz Company Softwaretest Engineer Salaries in Mumbai

Xyz Company Softwaretest Engineer salary in Mumbai ranges between ₹15.2 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Xyz Company latest salaries received from various employees of Xyz Company.