PhonePe Engineering Manager Salaries by 10 Employees (Updated 2025)

6 - 14 years exp.

₹41.2 Lakhs - ₹1 Crore

Low Confidence

Salary of majority employees

115% more than the average Engineering Manager Salary in FinTech Companies for 6 - 14 years of experience

Interested in this particular role? 1 job opening

Last Updated: 13 Feb 2025

Companies similar to PhonePe for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Flipkart Engineering Manager Salary 10 - 17 years exp. (54 salaries)	₹40 L/yr - ₹1.1 Cr/yr At par	1 job opening
Amazon Engineering Manager Salary 8 - 20 years exp. (61 salaries)	₹37 L/yr - ₹1.1 Cr/yr 24% less	2 job openings
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Paytm Engineering Manager Salary 9 - 14 years exp. (96 salaries)	₹30.8 L/yr - ₹96 L/yr 26% less	1 job opening
Google Engineering Manager Salary 7 - 19 years exp. (55 salaries)	₹33.3 L/yr - ₹1.1 Cr/yr 4% less
Microsoft Corporation Engineering Manager Salary 10 - 20 years exp. (68 salaries)	₹33 L/yr - ₹1.4 Cr/yr 2% more
Uber Engineering Manager Salary 6 - 15 years exp. (9 salaries)	₹60 L/yr - ₹1.1 Cr/yr 11% more
Ola Cabs Engineering Manager Salary 8 - 15 years exp. (22 salaries)	₹30 L/yr - ₹94 L/yr 27% less	1 job opening
Swiggy Engineering Manager Salary 6 - 13 years exp. (22 salaries)	₹45 L/yr - ₹85 L/yr 16% less	5 job openings
Zomato Engineering Manager Salary 4 - 8 years exp. (7 salaries)	₹24 L/yr - ₹70 L/yr 40% less
Adobe Engineering Manager Salary 10 - 14 years exp. (38 salaries)	₹30 L/yr - ₹98.5 L/yr 24% less	1 job opening
PayPal Engineering Manager Salary 9 - 20 years exp. (34 salaries)	₹35 L/yr - ₹70 L/yr 34% less	2 job openings
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Razorpay Engineering Manager Salary 5 - 15 years exp. (28 salaries)	₹29.2 L/yr - ₹98 L/yr 22% less	6 job openings
PayU Payments Engineering Manager Salary 5 - 12 years exp. (26 salaries)	₹19 L/yr - ₹74.6 L/yr 46% less	1 job opening
MasterCard Engineering Manager Salary 10 - 17 years exp. (20 salaries)	₹34 L/yr - ₹56 L/yr 44% less
Fiserv Engineering Manager Salary 14 - 18 years exp. (19 salaries)	₹24 L/yr - ₹48.7 L/yr 53% less
Visa Engineering Manager Salary 8 - 15 years exp. (11 salaries)	₹43 L/yr - ₹75.5 L/yr 19% less
Mobikwik Engineering Manager Salary 8 - 12 years exp. (6 salaries)	₹33.6 L/yr - ₹88 L/yr 32% less
Rupeek Engineering Manager Salary 8 - 12 years exp. (6 salaries)	₹50 L/yr - ₹75 L/yr 19% less
Navi Technologies Engineering Manager Salary 8 - 12 years exp. (5 salaries)	₹37 L/yr - ₹1 Cr/yr 14% less
HighRadius Engineering Manager Salary 12 - 15 years exp. (4 salaries)	₹31.6 L/yr - ₹85 L/yr 39% less	1 job opening

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Engineering Manager salary at PhonePe ranges between ₹41.2 Lakhs to ₹1 Crore per year for employees with experience between 6 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Engineering Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹41.2 L/yr - ₹96.4 L/yr
7 years (AmbitionBox Estimate)	₹55.7 L/yr - ₹61.6 L/yr
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8 years (AmbitionBox Estimate)	₹60.5 L/yr - ₹66.9 L/yr
9 years (AmbitionBox Estimate)	₹48 L/yr - ₹1.2 Cr/yr
10 years (AmbitionBox Estimate)	₹48 L/yr - ₹1.3 Cr/yr
11 years (AmbitionBox Estimate)	₹75 L/yr - ₹82.9 L/yr
12 years (AmbitionBox Estimate)	₹58 L/yr - ₹1.5 Cr/yr
13 years (AmbitionBox Estimate)	₹82 L/yr - ₹1.6 Cr/yr
14 years (AmbitionBox Estimate)	₹90 L/yr - ₹1 Cr/yr

View all

Similar Designation salaries in PhonePe

Senior Engineering Manager Salary

(AmbitionBox Estimate)

₹82.6 L/yr - ₹91.4 L/yr

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Project Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

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(AmbitionBox Estimate)

₹57 L/yr - ₹63 L/yr

Product Manager Salary

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Principal Engineer Salary

(AmbitionBox Estimate)

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₹16 L/yr - ₹55 L/yr

Technical Project Manager Salary

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Technical Lead Salary

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Senior Consultant Salary

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₹10.5 L/yr - ₹39.87 L/yr

Top skills at PhonePe for Engineering Manager

Financial Services Medical Insurance Stakeholder Management Mutual Funds Medical Insurance Stock Broking Financial Services Wellness Distribution System Stakeholder Management stock broking Leasing Mutual Funds Computer science Android

Salary related reviews for PhonePe

5.0

Rated by 1 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jul 2024

4.0

for Salary and Benefits

Likes

1. Good salary, decent benefits. 2. Impactful work at scale, recognition - good learning on business logic.

Salary - Good

+1 more

Dislikes

1. Appreciation culture is lacking. 2. Personal growth curve unclear due to lack of enough roles.

Operations Analyst in Bangalore / Bengaluru

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.

Skill development - Poor

+1 more

Key Accounts Executive in Hyderabad / Secunderabad

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

Business Development Associate in New Delhi

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 ..

Dislikes

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

Salary - Poor

+5 more

Team Lead in Gharaunda

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

Company culture - Poor

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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PhonePe Engineering Manager Salary FAQs

What is the salary of Engineering Manager at PhonePe?

Engineering Manager salary at PhonePe in India ranges between ₹41.2 Lakhs to ₹100.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 115% more than the average Engineering Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of PhonePe India.

How does the salary of a Engineering Manager at PhonePe India compare with the average salary range for this job?

The average salary of a Engineering Manager at PhonePe is 115% more than the average salary of a Engineering Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Engineering Manager at PhonePe?

Financial Services, Medical Insurance, Stakeholder Management, Mutual Funds and Medical Insurance are some of the popular skills required to work as a Engineering Manager at PhonePe India.

Which similar companies are paying more than PhonePe to a Engineering Manager in India?

Uber Engineering Manager Salary - ₹60.0 Lakhs to ₹109.2 Lakhs per year
Microsoft Corporation Engineering Manager Salary - ₹33.0 Lakhs to ₹141.4 Lakhs per year
Flipkart Engineering Manager Salary - ₹40.0 Lakhs to ₹110.0 Lakhs per year

What is the salary of a Engineering Manager in companies similar to PhonePe in India?

ACKO Engineering Manager Salary - ₹70.0 Lakhs to ₹80.0 Lakhs per year
Google Engineering Manager Salary - ₹33.3 Lakhs to ₹110.0 Lakhs per year
Navi Technologies Engineering Manager Salary - ₹37.0 Lakhs to ₹100.0 Lakhs per year
Swiggy Engineering Manager Salary - ₹45.0 Lakhs to ₹85.0 Lakhs per year
Rupeek Engineering Manager Salary - ₹50.0 Lakhs to ₹75.0 Lakhs per year

What is the estimated take home salary of a Engineering Manager at PhonePe in India?

The estimated take-home salary of a Engineering Manager at PhonePe ranges between ₹4,34,159 per month to ₹4,47,029 per month in India. The take-home salary calculation is based on the average PhonePe Engineering Manager salary in India which ranges between ₹41.2 Lakhs to ₹100.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Engineering Manager at PhonePe?

According to AmbitionBox, 60% of the PhonePe Engineering Managers reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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PhonePe Engineering Manager Salaries

PhonePe Engineering Manager salary in India ranges between ₹41.2 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 10 PhonePe latest salaries received from various employees of PhonePe.