PayPal Mumbai Software Engineer2 Salaries by 6 Employees (Updated 2025)

2 - 5 years exp.

₹20 Lakhs - ₹35 Lakhs

Salary of majority employees

52% more than the average Software Engineer2 Salary in FinTech Companies for 2 - 5 years of experience

Interested in this particular role? 4 job openings

Last Updated: 20 Oct 2024

Companies similar to PayPal for Software Engineer2 in Mumbai

PayPal Software Engineer2 Salary

2 - 5 years exp. (6 salaries)

₹20 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
MasterCard Software Engineer2 Salary 3 - 8 years exp. (23 salaries)	₹11 L/yr - ₹24 L/yr 37% less
FIS Software Engineer2 Salary 4 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹15 L/yr 54% less
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JPMorgan Chase & Co. Software Engineer2 Salary 2 - 10 years exp. (96 salaries)	₹16.5 L/yr - ₹33.6 L/yr 16% less
Bank of America Software Engineer2 Salary 6 - 12 years exp. (75 salaries)	₹11 L/yr - ₹29.5 L/yr 27% less	1 job opening
HERE Technologies Software Engineer2 Salary 1 - 6 years exp. (71 salaries)	₹8 L/yr - ₹22.4 L/yr 45% less

Software Engineer2 salary at PayPal ranges between ₹20 Lakhs to ₹35 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of PayPal.

Experience wise PayPal Software Engineer2 salaries in Mumbai

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹30 L/yr
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹50 L/yr
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4 years (AmbitionBox Estimate)	₹22 L/yr - ₹35 L/yr
5 years (AmbitionBox Estimate)	₹20 L/yr - ₹53.4 L/yr

From

Software Engineer2

₹

Lakhs/yr

2 - 7 years exp.

Member Technical Staff Engineer

₹

Lakhs/yr

9 - 13 years exp.

Software Engineer2 2 - 7 years exp.

Software Engineer III 5 - 12 years exp.

38% hike

Member Technical Staff Engineer 9 - 13 years exp.

-1% 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

Software Engineer III Salary

(5 salaries)

₹34.5 L/yr - ₹50 L/yr

Top skills at PayPal for Software Engineer2

Financial Services Python Agile Computer science Hibernate Unit Testing Backend Wellness Coding Open Source Oracle Strategic Partnerships Automation Unix SQL

Salary related reviews for PayPal

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

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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PayPal Software Engineer2 Salary FAQs

What is the salary of Software Engineer2 at PayPal Mumbai?

Software Engineer2 salary at PayPal in Mumbai ranges between ₹20.0 Lakhs to ₹35.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 52% more than the average Software Engineer2 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of PayPal Mumbai.

How does the salary of a Software Engineer2 at PayPal Mumbai compare with the average salary range for this job?

The average salary of a Software Engineer2 at PayPal is 52% more than the average salary of a Software Engineer2 in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Software Engineer2 at PayPal?

Financial Services, Python, Agile, Computer science and Hibernate are some of the popular skills required to work as a Software Engineer2 at PayPal Mumbai.

What is the salary of a Software Engineer2 in companies similar to PayPal in Mumbai?

JPMorgan Chase & Co. Software Engineer2 Salary - ₹16.5 Lakhs to ₹33.6 Lakhs per year
Bank of America Software Engineer2 Salary - ₹11.0 Lakhs to ₹29.5 Lakhs per year
MasterCard Software Engineer2 Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
HERE Technologies Software Engineer2 Salary - ₹8.0 Lakhs to ₹22.4 Lakhs per year
FIS Software Engineer2 Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Software Engineer2 at PayPal in Mumbai?

The estimated take-home salary of a Software Engineer2 at PayPal ranges between ₹1,80,816 per month to ₹1,87,855 per month in Mumbai. The take-home salary calculation is based on the average PayPal Software Engineer2 salary in India which ranges between ₹20.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer2 at PayPal in Mumbai?

According to AmbitionBox, 100% of the PayPal Software Engineer2s in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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PayPal Software Engineer2 Salaries in Mumbai

PayPal Software Engineer2 salary in Mumbai ranges between ₹20 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 PayPal latest salaries received from various employees of PayPal.