Freecharge Principal Engineer Salaries by 40+ Employees (Updated 2025)

6 - 11 years exp.

₹26 Lakhs - ₹49 Lakhs

Salary of majority employees

Fixed (90%)

₹34.1 Lakhs

Variable (10%)

₹3.6 Lakhs

18% more than the average Principal Engineer Salary in FinTech Companies for 6 - 11 years of experience

Interested in this particular role? 1 job opening

Last Updated: 15 Mar 2025

Companies similar to Freecharge for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
HighRadius Principal Engineer Salary 6 - 9 years exp. (5 salaries)	₹13.6 L/yr - ₹32 L/yr 39% less
Razorpay Principal Engineer Salary 6 - 15 years exp. (4 salaries)	₹34 L/yr - ₹97 L/yr 83% more
Login to view exact salary
HARMAN Principal Engineer Salary 9 - 16 years exp. (489 salaries)	₹17 L/yr - ₹50.6 L/yr 9% less	8 job openings
Hughes Systique Corporation Principal Engineer Salary 6 - 11 years exp. (272 salaries)	₹11.3 L/yr - ₹32 L/yr 40% less
Oracle Principal Engineer Salary 9 - 16 years exp. (277 salaries)	₹15 L/yr - ₹65 L/yr 2% less	2 job openings

Principal Engineer salary at Freecharge ranges between ₹26 Lakhs to ₹49 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 47 latest salaries received from various employees of Freecharge.

Experience wise Freecharge Principal Engineer salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹33.5 L/yr - ₹42.9 L/yr
7 years (8 salaries)	₹27 L/yr - ₹45 L/yr
Login to view exact salary
8 years (15 salaries)	₹26 L/yr - ₹49 L/yr
9 years (8 salaries)	₹29 L/yr - ₹46.8 L/yr
10 years (10 salaries)	₹30 L/yr - ₹45 L/yr
11 years (4 salaries)	₹31 L/yr - ₹45 L/yr

View all

From

Principal Engineer

6 - 11 years exp.

Associate Director

6 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹5 L/yr - ₹6.4 L/yr

Top skills at Freecharge for Principal Engineer

Design Patterns Data Structures Java Spring Boot Java Microservices Spark Multithreading aethra LLD Data Modeling Automation Testing Hive Redis System Design Testng

Salary related reviews for Freecharge

3.0

Rated by 2 employees for salary & benefits

Product Manager in Mumbai (working remotely)

Full Time

Product Management Department

3.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Work life balance Job security Complete remote job This review is for Freecharge DBAT

Job security - Good

+1 more

Dislikes

Very less salary than market( TCS, infosys type salary) Toxic culture No promotions at junior levels Very less hikes(3-5%) Very bad salary break up aswell, 60% of hike will be added in gratuity so effective hike after year will be somewhere around 1% Best place to join if you are a housewife (don't want to travel) or anyone who doesn't have much ambitions

Salary - Bad

+2 more

Business Analyst in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

2.0

• posted on 05 Oct 2023

2.0

for Salary and Benefits

Likes

Good learning possibility since you interact directly with the senior leadership. However, whether it's a positive or a negative, mostly depends on your manager or super manager, and mostly, it's the latter here :)

Dislikes

Poor appraisals and compensation. Poor treatment of employees. Work is not valued. 90% of the work goes waste as nobody sees it or even recognises the efforts. Terrible leadership.

Salary - Poor

+4 more

Software Development Engineer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 16 Nov 2023

4.0

for Salary and Benefits

Likes

...pment Great exposure and work Family like Environment Work Life balance is good I believe good package for freshers Flexible Working hours

Salary - Good

+6 more

Dislikes

In-office facility like TT and free snacks are not available, that were previously there.

Associate Product Manager in Gurgaon / Gurugram

Full Time

Product Management Department

2.0

• posted on 04 Jul 2023

2.0

for Salary and Benefits

Likes

Being backed by axis bank I don't worry of getting salary at the end of month. There is a sense of job safety unlike other loss making startups

Job security - Good

+1 more

Dislikes

Culture is degrading day by day, it is becoming just like bank, focus is being moved from tech to saving money being spent on good tech resources.

Salary - Poor

+3 more

Data Entry Operator in Home (working remotely)

Other Department

5.0

• posted on 31 Jul 2021

4.0

for Salary and Benefits

Likes

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

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issue . Salary is decent but carrer growth is slow . There is Bond of two year before which you cannot resign . On the job training is not given to new joinees

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Freecharge Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Freecharge ?

The average salary of a Principal Engineer at Freecharge in India typically ranges from ₹26.0 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Principal Engineer at Freecharge earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹49.0 Lakhs per year. Principal Engineer Salaries at Freecharge 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 40+ Freecharge employees in India.

What is the estimated take home salary of a Principal Engineer at Freecharge in India?

The estimated take-home salary of a Principal Engineer at Freecharge in India typically ranges from ₹2,25,884 to ₹2,34,961 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 6 years to 11 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 40+ salaries received from various employees of Freecharge. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at Freecharge ?

To be a Principal Engineer at Freecharge in india, the key skills required include:

- Design Patterns
- Data Structures
- Java Spring Boot
- Java
- Microservices

These skills are highly valued at Freecharge and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Freecharge for Principal Engineer in India?

Razorpay

₹34.0 Lakhs to ₹97.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Freecharge, depending on the role and experience level.

What is the salary of a Principal Engineer in companies similar to Freecharge in India?

The salary of a Principal Engineer at companies similar to Freecharge in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Oracle	₹15.0 Lakhs to ₹65.0 Lakhs per year
HARMAN	₹17.0 Lakhs to ₹50.6 Lakhs per year
HighRadius	₹13.6 Lakhs to ₹32.0 Lakhs per year
Hughes Systique Corporation	₹11.3 Lakhs to ₹32.0 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 Principal Engineer at Freecharge in India?

The salary growth for a Principal Engineer at Freecharge depends on factors such as experience, performance, and promotions. On average, a Principal Engineer can expect the following growth trajectory at Freecharge:

Experience	Average Salary Range
6 years	₹33.5 Lakhs to ₹42.9 Lakhs per year
7 years	₹27.0 Lakhs to ₹45.0 Lakhs per year
8 years	₹26.0 Lakhs to ₹49.0 Lakhs per year
9 years	₹29.0 Lakhs to ₹46.8 Lakhs per year

and so on.

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Freecharge Principal Engineer Salaries

Freecharge Principal Engineer salary in India ranges between ₹26 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 47 Freecharge latest salaries received from various employees of Freecharge.