Mobikwik Software Development Engineer 1 Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹7.5 Lakhs - ₹11.5 Lakhs

Salary of majority employees

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32% less than the average Software Development Engineer 1 Salary in FinTech Companies for 0 - 3 years of experience

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Last Updated: 2 Mar 2025

Companies similar to Mobikwik for Software Development Engineer 1

Company name	Avg Annual Salary	Open Jobs
Paytm Software Development Engineer 1 Salary 0 - 2 years exp. (6 salaries)	Unlock ₹6 L/yr - ₹13 L/yr 9% less
Freecharge Software Development Engineer 1 Salary 1 - 3 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹15 L/yr 11% more
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Airtel Payments Bank Software Development Engineer 1 Salary 1 - 5 years exp. (17 salaries)	Unlock ₹8.5 L/yr - ₹14.4 L/yr 11% more	1 job opening
Flipkart Software Development Engineer 1 Salary 1 - 4 years exp. (89 salaries)	Unlock ₹15 L/yr - ₹35 L/yr 149% more
Verifone Software Development Engineer 1 Salary 1 - 3 years exp. (11 salaries)	Unlock ₹6.5 L/yr - ₹9.6 L/yr 9% less
Razorpay Software Development Engineer 1 Salary 0 - 3 years exp. (10 salaries)	Unlock ₹13 L/yr - ₹20.5 L/yr 81% more
Rupeek Software Development Engineer 1 Salary 0 - 2 years exp. (5 salaries)	Unlock ₹7 L/yr - ₹15 L/yr 1% more
HighRadius Software Development Engineer 1 Salary 1 - 5 years exp. (4 salaries)	Unlock ₹12.5 L/yr - ₹14.5 L/yr 43% more

Software Development Engineer 1 salary at Mobikwik ranges between ₹7.5 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 14 latest salaries received from various employees of Mobikwik.

Latest annual salaries shared by Mobikwik Software Development Engineer 1

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Experience wise Mobikwik Software Development Engineer 1 salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹11 L/yr
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2 years (8 salaries)	Unlock ₹7.5 L/yr - ₹11.5 L/yr
3 years (3 salaries)	Unlock ₹7.5 L/yr - ₹11.5 L/yr

From

Software Development Engineer 1

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0 - 3 years exp.

Software Development Engineer II

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₹

Lakhs/yr

2 - 5 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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Salary related reviews for Mobikwik

2.3

Rated by 2 employees for salary & benefits

Software Development Engineer 1 in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 Aug 2023

2.0

for Salary and Benefits

Likes

1. Work life balance is okay. But the salary is not good enough so start looking elsewhere. 2. If you are a fresher you will learn and gain somehing new which is valuable. But this company is not worth staying for more than 1 years. Don't join here if you have other offer.

Job security - Good

Dislikes

1. Toxic work culture with poor top management. No employee friendly policies. Complete WFO even for tech teams. 2. Adhoc tasks after sometime without sprint planning. High work pressure on such tasks which can't be completed instantly, foolish management doesn't understand. 3. No proper planning and company vision. 4. Too many ongoing issues with no accountability. Usually the juniors are thrown these problems to deal with. Poor laptops for working. Poor infra. 5. Internal politics - favoritism and bad appraisals. Top management keeps complete pay. Micromanagement. 6. Poor and messy codebase with no documentation. 7. Poor hiring process. No proper referrals. Talented folks are not retained. Fools are hired in top management. Looks like company will only have a better management and future when acquired by a big player.

Salary - Poor

+3 more

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 07 Aug 2023

5.0

for Salary and Benefits

Likes

Best company in my 9 years of tenure where there is 0 salary deductions even in the “pandemic” and the appraisal rate are higher.

Salary - Excellent

+4 more

Dislikes

HR has 0 value in terms of employee acquisition and retention as the Boss is the decision maker whether to keep the employee or fire by creepy politics and unnecessary pressure. One can learn corporate politics easily and the person who hates politics will not be able to survive. Need to work on the manager’s and not the front-warriors. It’s not the company but the employees/ boss’s.

Skill development - Poor

+1 more

Customer Excellence Support in Gurgaon / Gurugram

Data Science & Analytics Department

2.0

• posted on 21 Sep 2022

4.0

for Salary and Benefits

Likes

When it comes to salary benefit I would surely said that it was quite impressive.

Salary - Good

+1 more

Dislikes

I had an experience of one year and couples of months with MOBIKWIK process but my experienced with Mobikwik Pvt.Ltd on Avsar payroll ( third party) was literally unprofessional and unethical. I hope this should not happen to any of the employees who all are working with the third party like AVSAR ( SPNN ) Pvt.Ltd

Job security - Bad

+4 more

Senior Manager - Payment And Settlement in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing .. :(

Dislikes

...es can't reach to HR team for FnF and other relevant documents post resignation. Also company do not process the variable pay amount if you have left the organization even though it is mentioned over the offer letter. This is completely terrible and would never ever recommend anyone to join this organization.

Salary - Bad

+6 more

Software Development Engineer III in Gurgaon / Gurugram

Zaakpay Department

1.0

• posted on 10 Nov 2021

4.0

for Salary and Benefits

Likes

Good compensation, nearly on par with market standards

Salary - Good

Dislikes

Zaakpay vertical is still in its startup phase with a live product of 7 years. Hence work is too hectic, as management expects even new joiners to know end to end about the products

Skill development - Bad

+4 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mobikwik Software Development Engineer 1 Salary FAQs

What is the salary of Software Development Engineer 1 at Mobikwik?

Software Development Engineer 1 salary at Mobikwik in India ranges between ₹7.5 Lakhs to ₹11.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 32% less than the average Software Development Engineer 1 Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Mobikwik India.

How does the salary of a Software Development Engineer 1 at Mobikwik India compare with the average salary range for this job?

The average salary of a Software Development Engineer 1 at Mobikwik is 32% less than the average salary of a Software Development Engineer 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mobikwik to a Software Development Engineer 1 in India?

Flipkart Software Development Engineer 1 Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
Razorpay Software Development Engineer 1 Salary - ₹13.0 Lakhs to ₹20.5 Lakhs per year
HighRadius Software Development Engineer 1 Salary - ₹12.5 Lakhs to ₹14.5 Lakhs per year
Airtel Payments Bank Software Development Engineer 1 Salary - ₹8.5 Lakhs to ₹14.4 Lakhs per year
Freecharge Software Development Engineer 1 Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Software Development Engineer 1 in companies similar to Mobikwik in India?

Rupeek Software Development Engineer 1 Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Verifone Software Development Engineer 1 Salary - ₹6.5 Lakhs to ₹9.6 Lakhs per year
Paytm Software Development Engineer 1 Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Software Development Engineer 1 at Mobikwik in India?

The estimated take-home salary of a Software Development Engineer 1 at Mobikwik ranges between ₹69,768 per month to ₹71,561 per month in India. The take-home salary calculation is based on the average Mobikwik Software Development Engineer 1 salary in India which ranges between ₹7.5 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Development Engineer 1 at Mobikwik?

According to AmbitionBox, 40% of the Mobikwik Software Development Engineer 1s reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Mobikwik Software Development Engineer 1 Salaries

Mobikwik Software Development Engineer 1 salary in India ranges between ₹7.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Mobikwik latest salaries received from various employees of Mobikwik.