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PhonePe Engineer salaries in India

Annual salary range
0 - 5 years exp.
₹9.6 Lakhs - ₹26 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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224% more than the average Engineer Salary in FinTech Companies for 0 - 5 years of experience

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Last Updated: 1 Aug 2024

Companies similar to PhonePe for Engineer

Company name Avg Annual Salary Open Jobs
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MasterCard Engineer Salary

1 - 9 years exp. (12 salaries)

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₹8 L/yr - ₹15 L/yr

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6 job openings
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Paytm Engineer Salary

1 - 8 years exp. (9 salaries)

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₹9 L/yr - ₹28.7 L/yr

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Visa Engineer Salary

3 - 11 years exp. (7 salaries)

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₹13 L/yr - ₹44 L/yr

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1 job opening
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PayPal Engineer Salary

0 - 5 years exp. (6 salaries)

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₹15.2 L/yr - ₹34 L/yr

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22 job openings
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AGS Transact Technologies Engineer Salary

3 - 10 years exp. (5 salaries)

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₹3 L/yr - ₹3.4 L/yr

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M2P Fintech Engineer Salary

0 - 4 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

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HighRadius Engineer Salary

1 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 68% less
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Western Union Engineer Salary

11 years exp. (4 salaries)

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₹20.5 L/yr - ₹31 L/yr

arrow icon 47% more
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Fiserv Engineer Salary

0 - 18 years exp. (4 salaries)

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₹8 L/yr - ₹9.6 L/yr

arrow icon 51% less
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Razorpay Engineer Salary

0 - 2 years exp. (3 salaries)

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₹4 L/yr - ₹13.8 L/yr

arrow icon 55% less
1 job opening
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Hitachi Payment Services Engineer Salary

2 - 4 years exp. (3 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 80% less
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PayU Payments Engineer Salary

0 - 3 years exp. (3 salaries)

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₹15 L/yr - ₹19 L/yr

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Engineer salary at PhonePe ranges between ₹9.6 Lakhs to ₹26 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of PhonePe.

Latest annual salaries shared by PhonePe Engineer

5mo ago
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5 years exp.

Experience wise PhonePe Engineer salaries

Last Updated: 1 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr
5 years (AmbitionBox Estimate)

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₹14.7 L/yr - ₹18.8 L/yr

Similar Designation salaries in PhonePe

Site Engineer Salary
(AmbitionBox Estimate)
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₹10.5 L/yr - ₹13.5 L/yr
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₹12 L/yr - ₹40 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹54.6 L/yr - ₹60.4 L/yr
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₹1 L/yr - ₹4.4 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Supervisor Salary
(4 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
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₹7.5 L/yr - ₹25.2 L/yr
Deputy Manager Salary
(4 salaries)
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₹8.7 L/yr - ₹22 L/yr
Senior Service Engineer Salary
(AmbitionBox Estimate)
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₹50.3 L/yr - ₹55.7 L/yr

Top skills at PhonePe for Engineer

Data Structures Troubleshooting Javascript Wellness Financial Services

Salary related reviews for PhonePe

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 14 Aug 2024

3.0
 for  Salary and Benefits

Likes

The lunch is provided. The half yearly outings were good earlier.

  • Job security - Good

Dislikes

Cab costs 1500 deduction from salary, you won't grow or learn anything useful but it's a window dressing that they do is what they like to show. Too much of favouritism and biasness. Career Path Projects are a trap. Affairs inside the office and terrible moulding of bau of their people making exceptional cases. All manipulation and show off in LGBTQ community though giving none importance to mental health and even physical be it even pregnancy. Birthday leave, marriage leave, mourning leaves etc are not there anymore.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 08 Mar 2024

3.0
 for  Salary and Benefits

Likes

The guide lines of company are very clear and honest for everyone and I enjoyed the work in the starting days

  • Skill development - Good
  • +3 more

Dislikes

After few months it's getting taste like bitter, too much of targets and pressure and salary hikes, management changed there whole working system with some mass selling

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 14 Feb 2025

5.0
 for  Salary and Benefits

Likes

In a initial stage company is good, good package giving.

  • Salary - Excellent

Dislikes

Company politics destroy your career, East delhi state head like shahid khan ZSM & HR all involve to safe his job. They hired TSM for 6 month then give him notice period then after forcefully resigned. Don't enter in this company there management is really destory your CV.

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 19 Jun 2024

2.0
 for  Salary and Benefits

Likes

There is a target based salary,and if you achieved target you will get basic salary but don't expect you will get incentive , manager gives you a lot of pressure ...and always saying u resign if u would not achieve your target ... , the company's clear funda ..

read more

Dislikes

All the things is bad......if you are complaint for your manager behaviour HR don't here your opinion ......

  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 08 Oct 2024

3.0
 for  Salary and Benefits

Likes

Salary come on timely every time

  • Skill development - Excellent
  • +3 more

Dislikes

Seniors Manipulate Juniors & Give Them Fake promise about their Promotion & Appairasel. Seniors only complete their Target by juniors with fake promise & Upper Management never take follow up from ground level

read more
  • Company culture - Poor
see more salary related reviews

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PhonePe Engineer Salary FAQs

What is the salary of Engineer at PhonePe ?
The average salary of a Engineer at PhonePe in India typically ranges from ₹9.6 Lakhs to ₹26.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Engineer at PhonePe earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Engineer Salaries at PhonePe 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 PhonePe employees in India.
What is the estimated take home salary of a Engineer at PhonePe in India?
The estimated take-home salary of a Engineer at PhonePe in India typically ranges from ₹1,24,736 to ₹1,28,624 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from Fresher 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 PhonePe. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Engineer at PhonePe ?
To be a Engineer at PhonePe in india, the key skills required include:

  • - Data Structures
  • - Troubleshooting
  • - Javascript
  • - Wellness
  • - Financial Services

These skills are highly valued at PhonePe and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than PhonePe for Engineer in India?
Western Union ₹20.5 Lakhs to ₹31.0 Lakhs per year
Visa ₹13.0 Lakhs to ₹44.0 Lakhs per year
PayPal ₹15.2 Lakhs to ₹34.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PhonePe, depending on the role and experience level.
What is the salary of a Engineer in companies similar to PhonePe in India?
The salary of a Engineer at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm ₹9.0 Lakhs to ₹28.7 Lakhs per year
PayU Payments ₹15.0 Lakhs to ₹19.0 Lakhs per year
MasterCard ₹8.0 Lakhs to ₹15.0 Lakhs per year
Fiserv ₹8.0 Lakhs to ₹9.6 Lakhs per year
Razorpay ₹4.0 Lakhs to ₹13.8 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 Engineer at PhonePe in India?
The salary growth for a Engineer at PhonePe depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at PhonePe:

Experience Average Salary Range
Fresher ₹19.8 Lakhs to ₹25.3 Lakhs per year
5 years ₹14.7 Lakhs to ₹18.8 Lakhs per year
and so on.

Tell us how to improve this page.

PhonePe Engineer salary in India ranges between ₹9.6 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 PhonePe latest salaries received from various employees of PhonePe.