Paytm Mumbai Software Developer Salaries by 5 Employees

1 - 5 years exp.

₹10.5 Lakhs - ₹17.5 Lakhs

Salary of majority employees

Fixed (95%)

₹14.6 Lakhs

Variable (5%)

₹0.7 Lakh

71% more than the average Software Developer Salary in FinTech Companies for 1 - 5 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Paytm for Software Developer in Mumbai

Paytm Software Developer Salary

1 - 5 years exp. (5 salaries)

₹10.5 L/yr - ₹17.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Amazon Software Developer Salary 0 - 5 years exp. (21 salaries)	₹18.7 L/yr - ₹41 L/yr 64% more	9 job openings
Microsoft Corporation Software Developer Salary 1 - 7 years exp. (5 salaries)	₹26.6 L/yr - ₹40 L/yr 92% more
Login to view exact salary
TCS Software Developer Salary 0 - 10 years exp. (1.4k salaries)	₹3.6 L/yr - ₹12.8 L/yr 45% less
BillDesk Software Developer Salary 0 - 4 years exp. (32 salaries)	₹6 L/yr - ₹15 L/yr 42% less
Angel One Software Developer Salary 4 - 7 years exp. (8 salaries)	₹14.9 L/yr - ₹17 L/yr At par
MasterCard Software Developer Salary 2 - 6 years exp. (4 salaries)	₹6.7 L/yr - ₹24 L/yr 9% more
Freecharge Software Developer Salary 1 - 3 years exp. (3 salaries)	₹6.8 L/yr - ₹10.9 L/yr 40% less

Software Developer salary at Paytm ranges between ₹10.5 Lakhs to ₹17.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Paytm.

Experience wise Paytm Software Developer salaries in Mumbai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹11 L/yr - ₹20 L/yr
2 years (AmbitionBox Estimate)	₹11 L/yr - ₹17.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹17.5 L/yr
4 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹35 L/yr

From

Software Developer

₹

Lakhs/yr

1 - 5 years exp.

Senior Engineering Manager

₹

Lakhs/yr

10 - 17 years exp.

Software Developer

1 - 5 years exp.

Senior Software Engineer

2 - 8 years exp.

44% hike

Technical Lead

5 - 10 years exp.

47% 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.

Top skills at Paytm for Software Developer

CSS3 CRM Database Debugging Javascript Backend Operations Data Analytics GIT MS SQL SDK Front End Django RDBMS Reconciliation Mobile Technology

Salary related reviews for Paytm

Senior Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Dec 2024

3.0

for Salary and Benefits

Likes

There is noting to like in Paytm.

Dislikes

There is no growth in Paytm you will do the hard-work but they are not going to pay the same. Low salaries more work due to there internal policies they are not going to survive. They already break RBI rule like three times.

Promotions - Poor

+1 more

Team Lead in Guwahati

Full Time

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1.0

• posted on 22 Nov 2024

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for Salary and Benefits

Likes

Nothing

Dislikes

...pecialy from east region, they even dont know what is written in the HR policy.. They penalised the field staff just not to pay their salary and to get free work them. TL and ASM of QR devision.. are not allowed to enter offices.. They start their day from 5.30am.. and end thr day at no time.. No family life.. if u work with paytm... you are not allowed to have your family.. Such a horrible experiance i have..

Salary - Bad

+6 more

Team Lead in Bangalore / Bengaluru

Full Time

Marketing & Communication Department

3.0

• posted on 08 Oct 2024

4.0

for Salary and Benefits

Likes

Good working nature and atmosphere.

Salary - Good

+2 more

Dislikes

There is no fixed salary for FSCs, because of this FSCs leave work for 1 month and because the salary is not reduced, FSCs are scolding TLs with bad words. QR teams should have only QR and SB sale, if FSCs are freed soon to achieve all targets. TLs are required to hire every month.

Work satisfaction - Poor

Team Lead in Vijayawada

Full Time

Sales & Business Development Department

1.0

• posted on 28 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

1.No salary have to pay from our pocket for courier expenses 2. Petrol expenses zero have to travel daily 60 to 70kms market visits but no day allowances and no petrol allowances 3. Unreachable targets 4. They are always hiring

Salary - Bad

+6 more

Software Engineer in New Delhi

Full Time

Engineering - Software & QA Department

3.0

• posted on 05 Jun 2024

1.0

for Salary and Benefits

Likes

Quality work which is impactful There are some good managers and leads who constantly support you throughout your journey

Skill development - Good

+1 more

Dislikes

Poor compensation for college grads Less promotion A guide for freshers - switch within or before joining here Management is very opportunist , will ask you to work when they want and will layoff by using buzzwords like AI

Salary - Bad

+2 more

see more salary related reviews

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What people are saying about Paytm

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a management consultant

Is Paytm's New AI Feature Really as Good as It Sounds?

Paytm just launched a partnership with Perplexity, the AI search engine, promising free, instant answers to our questions. Sounds amazing, right? But here’s where I start to question it. While it’s cool that we can now get answers instantly without paying, I can’t help but wonder, what's the catch? With Paytm already collecting so much data from its users through payments, transactions, and now AI queries, how much of our personal information are we really giving up? I s this just another way for Paytm to further track and monetize user behavior, all while pretending to be “user-friendly”? 🤔💸 And let’s be real....this "free" service might just be a way to make us more dependent on their platform, conditioning us to rely on them for EVERYTHING. Do we really trust Paytm to handle our data, or are they just using this as another step to dominate the market?

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Paytm Software Developer Salary FAQs

What is the salary of Software Developer at Paytm in Mumbai?

The average salary of a Software Developer at Paytm in Mumbai typically ranges from ₹10.5 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Developer in Mumbai at Paytm earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Software Developer Salaries at Paytm 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 5 Paytm employees in India.

What is the estimated take home salary of a Software Developer at Paytm in Mumbai?

The estimated take-home salary of a Software Developer at Paytm in Mumbai typically ranges from ₹1,05,052 to ₹1,07,937 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Paytm. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Developer at Paytm in Mumbai?

To be a Software Developer at Paytm in Mumbai, the key skills required include:

- CSS3
- CRM
- Database
- Debugging
- Javascript

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

Which companies offer higher salaries than Paytm for Software Developer in India?

Microsoft Corporation	₹26.6 Lakhs to ₹40.0 Lakhs per year
Amazon	₹18.7 Lakhs to ₹41.0 Lakhs per year
MasterCard	₹6.7 Lakhs to ₹24.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Paytm, depending on the role and experience level.

What is the salary of a Software Developer in companies similar to Paytm in Mumbai?

The salary of a Software Developer at companies similar to Paytm in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Angel One	₹14.9 Lakhs to ₹17.0 Lakhs per year
Freecharge	₹6.8 Lakhs to ₹10.9 Lakhs per year
BillDesk	₹6.0 Lakhs to ₹15.0 Lakhs per year
TCS	₹3.6 Lakhs to ₹12.8 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 Developer at Paytm in Mumbai?

The salary growth for a Software Developer at Paytm in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Paytm:

Experience	Average Salary Range
1 year	₹11.0 Lakhs to ₹20.0 Lakhs per year
2 years	₹11.0 Lakhs to ₹17.5 Lakhs per year
3 years	₹6.1 Lakhs to ₹17.5 Lakhs per year
4 years	₹15.6 Lakhs to ₹19.9 Lakhs per year

and so on.

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Paytm Software Developer Salaries in Mumbai

Paytm Software Developer salary in Mumbai ranges between ₹10.5 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Paytm latest salaries received from various employees of Paytm.