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PayPal Software Engineer Level 1 salaries in Chennai

Annual salary range
1 - 2 years exp.
₹15 Lakhs - ₹23 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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120% more than the average Software Engineer Level 1 Salary in FinTech Companies for 1 - 2 years of experience

Interested in this particular role?

Last Updated: 5 Jul 2024

Companies similar to PayPal for Software Engineer Level 1 in Chennai

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PayPal Software Engineer Level 1 Salary

1 - 2 years exp. (6 salaries)

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₹15 L/yr - ₹23 L/yr

vs
Company name Avg Annual Salary Open Jobs
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FIS Software Engineer Level 1 Salary

2 - 5 years exp. (39 salaries)

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₹5.3 L/yr - ₹11.5 L/yr

arrow icon 55% less
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Syncfusion Software Engineer Level 1 Salary

0 - 3 years exp. (29 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 83% less
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₹3.9 L/yr - ₹8.2 L/yr

arrow icon 70% less
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₹7 L/yr - ₹14 L/yr

arrow icon 46% less
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HCLTech Software Engineer Level 1 Salary

1 - 4 years exp. (19 salaries)

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₹2.8 L/yr - ₹4.9 L/yr

arrow icon 75% less
Software Engineer Level 1 salary at PayPal ranges between ₹15 Lakhs to ₹23 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 6 latest salaries received from various employees of PayPal.

Latest annual salaries shared by PayPal Software Engineer Level 1 in Chennai

9mo ago
₹16.1 Lakhs
2 years exp.
9mo ago
₹23 Lakhs
2 years exp.
1y ago
₹15 Lakhs
2 years exp.
1y ago
₹15 Lakhs
1 year exp.
1y ago
₹23 Lakhs
1 year exp.

Experience wise PayPal Software Engineer Level 1 salaries in Chennai

Last Updated: 5 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹15.4 L/yr - ₹19.7 L/yr
2 years  (4 salaries)

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₹15 L/yr - ₹23 L/yr
PayPal Software Engineer Level 1 Salary and Career Growth

From

To

Software Engineer Level 1

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1 - 3 years exp.

Member Technical Staff Engineer

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9 - 13 years exp.

Software Engineer Level 1

1 - 3 years exp.
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Software Engineer2

2 - 7 years exp.
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arrow icon 52% hike

Software Engineer III

4 - 10 years exp.
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arrow icon 43% hike
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.

Similar Designation salaries in PayPal

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₹16.7 L/yr - ₹32 L/yr
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₹10 L/yr - ₹35.05 L/yr
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₹12 L/yr - ₹35 L/yr

Top skills at PayPal for Software Engineer Level 1

Financial Services Coding Javascript Python Computer science Unix Oracle Perl Data Structures Debugging Unit Testing SOA SQL Software Design Automation

Salary related reviews for PayPal

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

read more
  • 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

read more
  • Skill development - Bad
  • +1 more

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

read more
  • Salary - Good
  • +5 more

Dislikes

except lay off news, rest everything is good.

  • Job security - Poor

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

read more
  • 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.

read more
  • Job security - Bad
  • +1 more

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.

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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PayPal Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at PayPal in Chennai?
The average salary of a Software Engineer Level 1 at PayPal in Chennai typically ranges from ₹15.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Software Engineer Level 1 in Chennai at PayPal earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Software Engineer Level 1 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 6 PayPal employees in India.
What is the estimated take home salary of a Software Engineer Level 1 at PayPal in Chennai?
The estimated take-home salary of a Software Engineer Level 1 at PayPal in Chennai typically ranges from ₹1,24,627 to ₹1,28,501 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 6 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 Level 1 at PayPal in Chennai?
To be a Software Engineer Level 1 at PayPal in Chennai, the key skills required include:

  • - Financial Services
  • - Coding
  • - Javascript
  • - Python
  • - Computer science

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 Level 1 in companies similar to PayPal in Chennai?
The salary of a Software Engineer Level 1 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 ₹7.0 Lakhs to ₹14.0 Lakhs per year
FIS ₹5.3 Lakhs to ₹11.5 Lakhs per year
Market Simplified ₹3.9 Lakhs to ₹8.2 Lakhs per year
HCLTech ₹2.8 Lakhs to ₹4.9 Lakhs per year
Syncfusion ₹2.4 Lakhs to ₹4.5 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 Level 1 at PayPal in Chennai?
The salary growth for a Software Engineer Level 1 at PayPal in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in Chennai can expect the following growth trajectory at PayPal:

Experience Average Salary Range
1 year ₹15.4 Lakhs to ₹19.7 Lakhs per year
2 years ₹15.0 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

PayPal Software Engineer Level 1 salary in Chennai ranges between ₹15 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 PayPal latest salaries received from various employees of PayPal.