PayPal Chennai Software Engineer III Salaries by 50+ Employees (Updated 2025)

4 - 10 years exp.

₹17 Lakhs - ₹55 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

26% more than the average Software Engineer III Salary in FinTech Companies for 4 - 10 years of experience

Interested in this particular role? 3 job openings

Last Updated: 2 Apr 2025

Companies similar to PayPal for Software Engineer III in Chennai

PayPal Software Engineer III Salary

4 - 10 years exp. (56 salaries)

₹17 L/yr - ₹55 L/yr

Company name	Avg Annual Salary	Open Jobs
Walmart Software Engineer III Salary 2 - 9 years exp. (154 salaries)	₹15 L/yr - ₹44 L/yr 21% less	45 job openings
Bank of America Software Engineer III Salary 9 - 16 years exp. (48 salaries)	₹19.1 L/yr - ₹41.6 L/yr 14% less	1 job opening
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BA Continuum Software Engineer III Salary 10 - 17 years exp. (34 salaries)	₹20.6 L/yr - ₹40 L/yr 16% less
Photon Interactive Software Engineer III Salary 1 - 6 years exp. (20 salaries)	₹5.9 L/yr - ₹10 L/yr 78% less
Verizon Software Engineer III Salary 4 - 8 years exp. (19 salaries)	₹15.9 L/yr - ₹28 L/yr 42% less

Software Engineer III salary at PayPal ranges between ₹17 Lakhs to ₹55 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 56 latest salaries received from various employees of PayPal.

Latest annual salaries shared by PayPal Software Engineer III in Chennai

5d ago

₹32.7 Lakhs

9 years exp.

2w ago

₹30 Lakhs

4 years exp.

4w ago

₹46 Lakhs

8 years exp.

1mo ago

₹55 Lakhs

8 years exp.

1mo ago

₹46 Lakhs

10 years exp.

3mo ago

6 years exp.

3mo ago

8 years exp.

4mo ago

9 years exp.

7mo ago

8 years exp.

7mo ago

8 years exp.

Experience wise PayPal Software Engineer III salaries in Chennai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹31.8 L/yr - ₹40.6 L/yr
5 years (4 salaries)	₹24 L/yr - ₹64.8 L/yr
Login to view exact salary
6 years (10 salaries)	₹17 L/yr - ₹51 L/yr
7 years (6 salaries)	₹30 L/yr - ₹55 L/yr
8 years (15 salaries)	₹22 L/yr - ₹55 L/yr
9 years (11 salaries)	₹24 L/yr - ₹50 L/yr
10 years (8 salaries)	₹24 L/yr - ₹46 L/yr

View all

From

Software Engineer III

4 - 10 years exp.

Member Technical Staff Engineer

9 - 13 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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Top skills at PayPal for Software Engineer III

Financial Services Oracle Coding Data Structures Agile SQL MySQL Hibernate Javascript Unit Testing Open Source Computer science Object Oriented Design Unix Troubleshooting

Salary related reviews for PayPal

4.5

Rated by 7 employees for salary & benefits

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

Software Engineer Intern in Chennai

Intern

Engineering - Software & QA Department

2.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

The kind of work is decent. You will have the option to work on multiple technologies. so the learning is good. Depends on team though.

Skill development - Good

Dislikes

...gs like, "I don't care why you're blocked, get it resolved", were pretty common. They pay 1/4th of a full time employee but say things like, you're working as a SDE 1, so show the skills. Terrible experience.

Salary - Bad

+3 more

Senior Credit Underwriter in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 11 Feb 2025

5.0

for Salary and Benefits

Likes

Good work environment, good salary, good other benefits like company stocks and best health policy

Salary - Excellent

+3 more

Dislikes

You can be out of work in a day, no skill development and in terms of knowledge gain, or your experience not be of any use in credit domain

Skill development - Bad

+1 more

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

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PayPal

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I would like to know the maximum budget of a manager, grade BPO 5 in TCS CHENNAI. I am about to discuss the salary with HR TCS, please help me by sharing the maximum budget. My YOE is 10 and the current fixed is 12.5LPA, the variable is 4LPA.

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PayPal Software Engineer III Salary FAQs

What is the salary of Software Engineer III at PayPal in Chennai?

The average salary of a Software Engineer III at PayPal in Chennai typically ranges from ₹17.0 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Software Engineer III in Chennai at PayPal earn more than ₹46.0 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Software Engineer III Salaries at PayPal 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 50+ PayPal employees in India.

What is the estimated take home salary of a Software Engineer III at PayPal in Chennai?

The estimated take-home salary of a Software Engineer III at PayPal in Chennai typically ranges from ₹2,24,337 to ₹2,33,343 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 50+ salaries received from various employees of PayPal. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer III at PayPal in Chennai?

To be a Software Engineer III at PayPal in Chennai, the key skills required include:

- Financial Services
- Oracle
- Coding
- Data Structures
- Agile

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

What is the salary of a Software Engineer III in companies similar to PayPal in Chennai?

The salary of a Software Engineer III at companies similar to PayPal in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of America	₹19.1 Lakhs to ₹41.6 Lakhs per year
BA Continuum	₹20.6 Lakhs to ₹40.0 Lakhs per year
Walmart	₹15.0 Lakhs to ₹44.0 Lakhs per year
Verizon	₹15.9 Lakhs to ₹28.0 Lakhs per year
Photon Interactive	₹5.9 Lakhs to ₹10.0 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 Software Engineer III at PayPal in Chennai?

The salary growth for a Software Engineer III at PayPal in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Engineer III in Chennai can expect the following growth trajectory at PayPal:

Experience	Average Salary Range
4 years	₹31.8 Lakhs to ₹40.6 Lakhs per year
5 years	₹24.0 Lakhs to ₹64.8 Lakhs per year
6 years	₹17.0 Lakhs to ₹51.0 Lakhs per year
7 years	₹30.0 Lakhs to ₹55.0 Lakhs per year

and so on.

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PayPal Software Engineer III Salaries in Chennai

PayPal Software Engineer III salary in Chennai ranges between ₹17 Lakhs to ₹55 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 PayPal latest salaries received from various employees of PayPal.