Product Development Engineer 2
Annual salary range
₹10 Lakhs - ₹30.3 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byProduct Development Engineer 2 Salary in India (Updated 2025)
based on 135
latest salaries
• updated:
22 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Product Development Engineer 2 Salary in India ranges between ₹10 Lakhs to ₹30.3 Lakhs for 3 years of experience to 8 years of experience. Salary estimates are based on 135 latest salaries received from Product...
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Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Phenom Product Development Engineer 2 Salary
4 years exp |  | 2 job openings |
Calibo Product Development Engineer 2 Salary
4 years exp | | |
 Product Development Engineer 2 Salary
4 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
6 -
8
yrs
exp.
(AmbitionBox Estimate)
|
₹9.7 L/yr - ₹12.4 L/yr | |
2 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹10.7 L/yr - ₹13.6 L/yr | |
Login to view exact salary
| ||
7 -
8
yrs
exp.
(AmbitionBox Estimate)
|
₹21.6 L/yr - ₹27.6 L/yr | |
9 -
10
yrs
exp.
(AmbitionBox Estimate)
|
₹9.9 L/yr - ₹12.7 L/yr | |
1 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹3.3 L/yr - ₹4.2 L/yr | |
3 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
6 -
7
yrs
exp.
(AmbitionBox Estimate)
|
₹22.5 L/yr - ₹28.8 L/yr | |
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹10.8 L/yr - ₹13.8 L/yr | |
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| ||
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹19.8 L/yr - ₹25.3 L/yr | |
6 yrs
exp.
(AmbitionBox Estimate)
|
₹14.5 L/yr - ₹18.5 L/yr | |
Latest annual salaries shared by Product Development Engineer 2s
1d ago
Phenom
Product Development Engineer 2
4 years exp.
2d ago
Phenom
Product Development Engineer 2
3 years exp.
4d ago
Phenom
Product Development Engineer 2
3 years exp.
6d ago
Razorpay
Product Development Engineer 2
3 years exp.
1w ago
Phenom
Product Development Engineer 2
5 years exp.
1w ago
Phenom
Product Development Engineer 2
5 years exp.
1w ago
Phenom
Product Development Engineer 2
5 years exp.
2w ago
Phenom
Product Development Engineer 2
6 years exp.
3w ago
Comcast
Product Development Engineer 2
4 years exp.
1mo ago
Phenom
Product Development Engineer 2
4 years exp.
View all latest salaries
Product Development Engineer 2 salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(27
salaries)
| ₹7 L/yr - ₹22 L/yr |
4
years
(35
salaries)
| ₹11.5 L/yr - ₹24 L/yr |
Login to view exact salary
| |
5
years
(27
salaries)
| ₹11.5 L/yr - ₹27.5 L/yr |
6
years
(31
salaries)
| ₹12.4 L/yr - ₹31 L/yr |
7
years
(14
salaries)
| ₹12 L/yr - ₹32 L/yr |
View all salaries by experience
Product Development Engineer 2 Jobs in India
Product Development Engineer 2
· 2-5 years
TE Connectivity India Private Limited
Pune
Product Development Engineer 2
· 3-6 years
Phenom People Pvt Ltd
₹8
L/yr
- ₹18
L/yr
Product Development Engineer 2
· 7-11 years
Phenompeople
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Software Development Engineer Salary
0 -
6
years
exp.
(23.6k salaries)
| ₹3.3 L/yr - ₹26 L/yr |
Project Engineer Salary
1 -
9
years
exp.
(1L salaries)
| ₹2.2 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Software Engineer Salary
1 -
5
years
exp.
(5.9L salaries)
| ₹2.9 L/yr - ₹16.1 L/yr |
Lead Software Engineer Salary
4 -
12
years
exp.
(21k salaries)
| ₹9.9 L/yr - ₹42.6 L/yr |
System Engineer Salary
0 -
6
years
exp.
(1.5L salaries)
| ₹2.7 L/yr - ₹8.4 L/yr |
View more similar designations
Salary related reviews by similar designations like Product Development Engineer 2
Razorpay
Software Engineer
• posted on 27 Sep 2021
Likes
Well settled product based company, great team & lot of flexibility in terms of work timings.
- Salary - Good
+3 more
Dislikes
A decent compensation & steady career growth.
Phenom
Product Development Engineer 2
• posted on 08 Nov 2023
Likes
Small teams, Challenging problems, Tech stack, Work culture
- Skill development - Good
Dislikes
Rewards, Appreciations, Salary, Work life balance
- Work satisfaction - Poor
+1 more
Razorpay
Senior Software Engineer
• posted on 19 May 2022
Likes
The work culture is amazing, tons of stuff to learn, good pay, surprise gifts, work from home.
read more- Salary - Excellent
+6 more
Dislikes
Though now a big company, the processes still works like a startup. The finance team is not the strongest.
Razorpay
Software Engineer
• posted on 29 Sep 2021
Likes
The work culture is great. Less politics. Above average pay.
- Salary - Good
+2 more
Razorpay
Software Development Engineer
• posted on 22 Apr 2021
Likes
Growth opportunity, free food
Dislikes
They don't give you the stocks they offered in the compensation. They played trick with me to not allocate the stock units while leaving the company.
read more- Skill development - Poor
+3 more
Top skills for Product Development Engineer 2
3 Product Development Engineer 2 jobs demanding these
skills
Product Development Engineer 2 Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Hyderabad / Secunderabad
Product Development Engineer 2
3 -
7
years
exp.
| ₹15 L/yr - ₹31 L/yr |
Bangalore / Bengaluru
Product Development Engineer 2
3 -
7
years
exp.
| ₹11 L/yr - ₹23 L/yr |
Login to view exact salary
| |
Pune
Product Development Engineer 2
3 -
7
years
exp.
| ₹10.4 L/yr - ₹29.4 L/yr |
Chennai
Product Development Engineer 2
3 -
8
years
exp.
| ₹11.5 L/yr - ₹30 L/yr |
Mumbai
Product Development Engineer 2
6 -
7
years
exp.
| ₹15.4 L/yr - ₹19.7 L/yr |
View More
Product Development Engineer 2 Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Software Product Product Development Engineer 2
3 -
7
years
exp.
| ₹13 L/yr - ₹31 L/yr |
Internet Product Development Engineer 2
3 -
8
years
exp.
| ₹13 L/yr - ₹30.3 L/yr |
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| |
Hardware & Networking Product Development Engineer 2
3 -
7
years
exp.
| ₹15 L/yr - ₹31 L/yr |
IT Services & Consulting Product Development Engineer 2
3 -
8
years
exp.
| ₹7 L/yr - ₹29 L/yr |
FinTech Product Development Engineer 2
3 -
6
years
exp.
| ₹13 L/yr - ₹21.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Product Development Engineer 2 Salaries
What is the salary of a Product Development Engineer 2 in India?
The salary of a Product Development Engineer 2 in India varies based on experience, location, company & Industry.
On average, Product Development Engineer 2 salaries ranges from ₹10.0 Lakhs to ₹30.3 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹10.0 Lakhs to ₹30.3 Lakhs per year, with the highest salary reaching ₹13.3 Lakhs to ₹27.0 Lakhs per year. Salary estimates are based on 135 salaries received from various Product Development Engineer 2s across industries.
The average starting salary is around ₹10.0 Lakhs to ₹30.3 Lakhs per year, with the highest salary reaching ₹13.3 Lakhs to ₹27.0 Lakhs per year. Salary estimates are based on 135 salaries received from various Product Development Engineer 2s across industries.
What are the top paying companies that employ Product Development Engineer 2s?
Product Development Engineer 2 Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Phenom Product Development Engineer 2 Salary | ₹13.3 Lakhs to ₹27 Lakhs per year |
| Calibo Product Development Engineer 2 Salary | ₹12 Lakhs to ₹33.9 Lakhs per year |
| Razorpay Product Development Engineer 2 Salary | ₹13 Lakhs to ₹21.5 Lakhs per year |
What are the top paying cities for Product Development Engineer 2 in India?
The annual salary for Product Development Engineer 2 in India varies by location. Top paying cities for Product Development Engineer 2 are
Salary expectations for Product Development Engineer 2 may vary based on job roles, experience, and specific employer requirements.
| Product Development Engineer 2 Salary in Hyderabad / Secunderabad | ₹15.0 Lakhs to ₹31.0 Lakhs per year |
| Product Development Engineer 2 Salary in Pune | ₹10.4 Lakhs to ₹29.4 Lakhs per year |
| Product Development Engineer 2 Salary in Gurgaon / Gurugram | ₹13.5 Lakhs to ₹23.0 Lakhs per year |
| Product Development Engineer 2 Salary in Mumbai | ₹15.4 Lakhs to ₹19.7 Lakhs per year |
| Product Development Engineer 2 Salary in Bangalore / Bengaluru | ₹11.0 Lakhs to ₹23.0 Lakhs per year |
What are the top paying industries for Product Development Engineer 2 in India?
Top 5 paying Industries for Product Development Engineer 2 in India are:
| Product Development Engineer 2 Salary in Hardware & Networking | ₹15.0 Lakhs to ₹31.0 Lakhs per year |
| Product Development Engineer 2 Salary in Software Product | ₹13.0 Lakhs to ₹31.0 Lakhs per year |
| Product Development Engineer 2 Salary in Internet | ₹13.0 Lakhs to ₹30.3 Lakhs per year |
| Product Development Engineer 2 Salary in IT Services & Consulting | ₹7.0 Lakhs to ₹29.0 Lakhs per year |
| Product Development Engineer 2 Salary in FinTech | ₹13.0 Lakhs to ₹21.5 Lakhs per year |
How does experience affect salaries of a Product Development Engineer 2 in India?
Experience significantly impacts a Product Development Engineer 2 salary in India. Salaries increase with experience, as Product Development Engineer 2 take on more complex tasks, responsibilities, and leadership roles.
Product Development Engineer 2 salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹7.0 Lakhs to ₹22.0 Lakhs per year |
| 4 years | ₹11.5 Lakhs to ₹24.0 Lakhs per year |
| 5 years | ₹11.5 Lakhs to ₹27.5 Lakhs per year |
| 6 years | ₹12.4 Lakhs to ₹31.0 Lakhs per year |
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