PayPal Senior Software Development Engineer Salaries by 10+ Employees (Updated 2025)

3 - 8 years exp.

₹18.1 Lakhs - ₹54 Lakhs

Salary of majority employees

129% more than the average Senior Software Development Engineer Salary in FinTech Companies for 3 - 8 years of experience

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Last Updated: 21 Jun 2024

Companies similar to PayPal for Senior Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Senior Software Development Engineer Salary 3 - 6 years exp. (20 salaries)	₹9.1 L/yr - ₹30 L/yr 49% less
Razorpay Senior Software Development Engineer Salary 2 - 8 years exp. (32 salaries)	₹20 L/yr - ₹42 L/yr 11% less	2 job openings
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PhonePe Senior Software Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹30 L/yr - ₹30.5 L/yr 24% less
Mobikwik Senior Software Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹15.1 L/yr - ₹26 L/yr 49% less
MasterCard Senior Software Development Engineer Salary 5 - 11 years exp. (108 salaries)	₹11.4 L/yr - ₹31 L/yr 36% less
Fiserv Senior Software Development Engineer Salary 3 - 7 years exp. (49 salaries)	₹5.7 L/yr - ₹20.2 L/yr 67% less
FIS Senior Software Development Engineer Salary 4 - 9 years exp. (55 salaries)	₹6 L/yr - ₹20.5 L/yr 67% less
Visa Senior Software Development Engineer Salary 2 - 8 years exp. (12 salaries)	₹22 L/yr - ₹36.1 L/yr 22% less
Western Union Senior Software Development Engineer Salary 5 - 12 years exp. (4 salaries)	₹15.2 L/yr - ₹25 L/yr 52% less
BankBazaar Senior Software Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹20 L/yr - ₹31 L/yr 38% less
Saxo Bank Senior Software Development Engineer Salary 10 - 12 years exp. (4 salaries)	₹30 L/yr - ₹33 L/yr 21% less
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HighRadius Senior Software Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr 63% less
Broadridge Financial Solutions Senior Software Development Engineer Salary 3 - 7 years exp. (3 salaries)	₹7.3 L/yr - ₹13.5 L/yr 72% less

Senior Software Development Engineer salary at PayPal ranges between ₹18.1 Lakhs to ₹54 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 13 latest salaries received from various employees of PayPal.

Experience wise PayPal Senior Software Development Engineer salaries

Last Updated: 21 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹48.6 L/yr
4 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹57.7 L/yr
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5 years (4 salaries)	₹20 L/yr - ₹66.8 L/yr
6 years (3 salaries)	₹28.1 L/yr - ₹48 L/yr
7 years (AmbitionBox Estimate)	₹42 L/yr - ₹48 L/yr
8 years (AmbitionBox Estimate)	₹35 L/yr - ₹54 L/yr

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Salary related reviews for PayPal

Procurement Specialist in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 16 Nov 2024

4.0

for Salary and Benefits

Likes

mainly work life balance and salary. Initially company provided many good benefits for employees but later some cheap employees doing cheap tricks then company started cost cutting. Otherwise, a very good organization. Only one bad thing is lay off's - not sure when they announce lay off

Salary - Good

+5 more

Dislikes

except lay off news, rest everything is good.

Job security - Poor

Senior Data Scientist in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 27 Jul 2024

5.0

for Salary and Benefits

Likes

Good pay and RSU refreshers every year. Good severance pay and excellent Insurance coverage

Salary - Excellent

+3 more

Dislikes

Too much reorg which is creating fear of job security. Biased promotion cycles across teams, few teams has very poor budget for promotion.

Job security - Bad

+1 more

Software Development Engineer 3 in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 04 May 2024

3.0

for Salary and Benefits

Likes

Code Quality standard is high.

Dislikes

...dership changes. Existing engineering people don't share knowledge to new hires. No perks apart from salary.

Skill development - Poor

+4 more

Software Engineer III in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 19 Jul 2023

3.0

for Salary and Benefits

Likes

Brand name is kind of only plus thing. Insurance coverage is good. Hybrid and remote models.

Dislikes

PP is on cost cutting spree. And there were very less benefits to begin with it is becoming like any other it company. Too many levels and freq change in leadership in recent times. Cross team collaboration is not so good. If your team and manager are good then PP is good. it's hard to summarize because I have seen employee experience from going good to very bad.

Work satisfaction - Poor

+1 more

Technical Product Manager in Bangalore / Bengaluru

Full Time

Product Management Department

2.0

• posted on 15 Nov 2023

5.0

for Salary and Benefits

Likes

Good compensation and benefits

Salary - Excellent

Dislikes

Company culture is very toxic, leadership only believes in politics and doesn’t care about the individual’s growth, no support for someone’s career aspirations, frequent re-orgs and layoffs, no appreciation of good work, no promotion for India employees.

Skill development - Bad

+4 more

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What people are saying about PayPal

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a cloud architect

Pls share your guidance/experience

I received an offer from PayPal India for the Data Architect role in Grade 27. The compensation offered is ; ₹80 lakh base, plus 80 lakh RSU (3-year vest) and ₹16 lakh variable Is this a good offer considering my level of experience for the grade? Has anyone provided feedback on the work-life balance, as I've heard a lot about restructuring stuff and layoffs? thanks in advance.

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PayPal Senior Software Development Engineer Salary FAQs

What is the salary of Senior Software Development Engineer at PayPal?

Senior Software Development Engineer salary at PayPal in India ranges between ₹18.1 Lakhs to ₹54.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 129% more than the average Senior Software Development Engineer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of PayPal India.

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

The average salary of a Senior Software Development Engineer at PayPal is 129% more than the average salary of a Senior Software Development Engineer in India. To know exact salary insights, login to view.

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

Razorpay Senior Software Development Engineer Salary - ₹20.0 Lakhs to ₹42.0 Lakhs per year
Saxo Bank Senior Software Development Engineer Salary - ₹30.0 Lakhs to ₹33.0 Lakhs per year
Visa Senior Software Development Engineer Salary - ₹22.0 Lakhs to ₹36.1 Lakhs per year
PhonePe Senior Software Development Engineer Salary - ₹30.0 Lakhs to ₹30.5 Lakhs per year
MasterCard Senior Software Development Engineer Salary - ₹11.4 Lakhs to ₹31.0 Lakhs per year

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

The estimated take-home salary of a Senior Software Development Engineer at PayPal ranges between ₹2,36,517 per month to ₹2,46,075 per month in India. The take-home salary calculation is based on the average PayPal Senior Software Development Engineer salary in India which ranges between ₹18.1 Lakhs to ₹54.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Software Development Engineer at PayPal?

According to AmbitionBox, 100% of the PayPal Senior Software Development Engineers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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PayPal Senior Software Development Engineer Salaries

PayPal Senior Software Development Engineer salary in India ranges between ₹18.1 Lakhs to ₹54 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 PayPal latest salaries received from various employees of PayPal.