CRED Software Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹15 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

40% more than the average Software Development Engineer Salary in FinTech Companies for 1 - 5 years of experience

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Last Updated: 17 Feb 2025

Companies similar to CRED for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Software Development Engineer Salary 1 - 3 years exp. (62 salaries)	₹7.3 L/yr - ₹23.5 L/yr 29% less
PhonePe Software Development Engineer Salary 1 - 6 years exp. (15 salaries)	₹12 L/yr - ₹38 L/yr 42% more
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Freecharge Software Development Engineer Salary 0 - 4 years exp. (126 salaries)	₹6.5 L/yr - ₹17.6 L/yr 46% less	1 job opening
Mobikwik Software Development Engineer Salary 0 - 3 years exp. (34 salaries)	₹6 L/yr - ₹20 L/yr 32% less
Razorpay Software Development Engineer Salary 1 - 4 years exp. (77 salaries)	₹8 L/yr - ₹34 L/yr 3% more	1 job opening
BillDesk Software Development Engineer Salary 0 - 5 years exp. (11 salaries)	₹7.1 L/yr - ₹10.5 L/yr 60% less
PayPal Software Development Engineer Salary 0 - 8 years exp. (17 salaries)	₹13.2 L/yr - ₹39.6 L/yr 18% more
Airtel Payments Bank Software Development Engineer Salary 0 - 3 years exp. (22 salaries)	₹5.9 L/yr - ₹18 L/yr 28% less	1 job opening
BharatPe Software Development Engineer Salary 0 - 5 years exp. (21 salaries)	₹13 L/yr - ₹24 L/yr 1% more
Cashfree Payments Software Development Engineer Salary 0 - 2 years exp. (18 salaries)	₹15 L/yr - ₹24 L/yr 1% more
Money View Software Development Engineer Salary 0 - 3 years exp. (12 salaries)	₹6.9 L/yr - ₹19 L/yr 18% less
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ZestMoney Software Development Engineer Salary 0 - 5 years exp. (9 salaries)	₹10 L/yr - ₹21 L/yr 33% less
Uni Cards Software Development Engineer Salary 0 - 2 years exp. (5 salaries)	₹20 L/yr - ₹33 L/yr 38% more
Kissht Finance Software Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹10 L/yr - ₹14.5 L/yr 39% less
KhataBook Software Development Engineer Salary 3 - 9 years exp. (4 salaries)	₹35 L/yr - ₹45 L/yr 108% more

Software Development Engineer salary at CRED ranges between ₹15 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of CRED .

Experience wise CRED Software Development Engineer salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.3 L/yr - ₹24 L/yr
2 years (AmbitionBox Estimate)	₹19 L/yr - ₹38.3 L/yr
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3 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹31.3 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹15.9 L/yr

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Senior Developer Salary

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Salary related reviews for CRED

2.0

Rated by 1 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 17 Jul 2024

5.0

for Salary and Benefits

Likes

Flexible working hours, good base pay, used to like culture

Salary - Excellent

+2 more

Dislikes

...nagers are not even technically competant and boot lickers, terrible appraisals so if joining make sure your initial pay is high.

Job security - Poor

+1 more

Backend Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 30 Aug 2024

4.0

for Salary and Benefits

Likes

Great and supportive management. Flexible working hours and great base pay. Management is open to hear feedback and you can directly walk up and ask questions. Lot of flexibility is given decision making and trust is given while taking bets.

Salary - Good

+6 more

Dislikes

Culture is going downhill a bit but can be worked upon to be as good as it was a while back. Can set clear vision for company and have clear priorities org wide.

Sdet in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 22 Jun 2024

5.0

for Salary and Benefits

Likes

* initially, culture at cred was very good. * pay scale is very good. * good team mates

Salary - Excellent

+2 more

Dislikes

* paradise for bootlickers. * in last 5-6 months, cred culture changed a lot. * silent layoffs in form of PIP. * no learning.

Skill development - Bad

+2 more

Store Operations Catalog in Bangalore / Bengaluru

Contractual

Merchandising, Retail & eCommerce Department

1.0

• posted on 29 Jun 2024

1.0

for Salary and Benefits

Dislikes

No dedicated process and also no pay scale! Work is not getting recognised and even if you work the credit is taken by others. To be honest their is no clarity in what needs to be done and to whom we should assign what work, in the name of startup culture they are simply confusing everyone.

Salary - Bad

+6 more

Quality Compliance Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Dec 2023

4.0

for Salary and Benefits

Likes

The work culture is good, but this varies within departments. You will be given good work and immense learning, for sure. The company culture and team engagement are very good. I liked the no-leave policy in CRED.

Salary - Good

+1 more

Dislikes

Leadership decides a lot about your growth and progress in the company; it can be really biased at times. Good work is not the only thing you need to grow here.

Work-life balance - Poor

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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CRED Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at CRED ?

Software Development Engineer salary at CRED in India ranges between ₹15.0 Lakhs to ₹24.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 40% more than the average Software Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of CRED India.

How does the salary of a Software Development Engineer at CRED India compare with the average salary range for this job?

The average salary of a Software Development Engineer at CRED is 40% more than the average salary of a Software Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than CRED to a Software Development Engineer in India?

KhataBook Software Development Engineer Salary - ₹35.0 Lakhs to ₹45.0 Lakhs per year
PhonePe Software Development Engineer Salary - ₹12.0 Lakhs to ₹38.0 Lakhs per year
Uni Cards Software Development Engineer Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
PayPal Software Development Engineer Salary - ₹13.2 Lakhs to ₹39.6 Lakhs per year
Razorpay Software Development Engineer Salary - ₹8.0 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Software Development Engineer in companies similar to CRED in India?

BharatPe Software Development Engineer Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Cashfree Payments Software Development Engineer Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
Money View Software Development Engineer Salary - ₹6.9 Lakhs to ₹19.0 Lakhs per year
Airtel Payments Bank Software Development Engineer Salary - ₹5.9 Lakhs to ₹18.0 Lakhs per year
Paytm Software Development Engineer Salary - ₹7.3 Lakhs to ₹23.5 Lakhs per year

What is the estimated take home salary of a Software Development Engineer at CRED in India?

The estimated take-home salary of a Software Development Engineer at CRED ranges between ₹1,28,179 per month to ₹1,32,525 per month in India. The take-home salary calculation is based on the average CRED Software Development Engineer salary in India which ranges between ₹15.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Development Engineer at CRED ?

According to AmbitionBox, 100% of the CRED Software Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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CRED Software Development Engineer Salaries

CRED Software Development Engineer salary in India ranges between ₹15 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 CRED latest salaries received from various employees of CRED .