PhonePe Lead Engineer Salaries by 4 Employees (Updated 2025)

6 - 9 years exp.

₹10 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

44% more than the average Lead Engineer Salary in FinTech Companies for 6 - 9 years of experience

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Last Updated: 30 Jan 2025

Companies similar to PhonePe for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Lead Engineer Salary 3 - 12 years exp. (19 salaries)	₹24 L/yr - ₹66 L/yr 71% more
Mobikwik Lead Engineer Salary 8 - 14 years exp. (4 salaries)	₹27 L/yr - ₹71 L/yr 106% more
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Freecharge Lead Engineer Salary 3 - 7 years exp. (16 salaries)	₹15 L/yr - ₹30.8 L/yr 1% more
Airtel Payments Bank Lead Engineer Salary 5 - 6 years exp. (4 salaries)	₹18 L/yr - ₹35 L/yr 11% more
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MasterCard Lead Engineer Salary 7 - 17 years exp. (43 salaries)	₹16 L/yr - ₹51 L/yr 61% more
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PayU Payments Lead Engineer Salary 7 - 12 years exp. (7 salaries)	₹31 L/yr - ₹46 L/yr 45% more
Visa Lead Engineer Salary 5 - 17 years exp. (6 salaries)	₹30.5 L/yr - ₹80 L/yr 123% more
HighRadius Lead Engineer Salary 7 - 19 years exp. (4 salaries)	₹20.5 L/yr - ₹63.8 L/yr 130% more
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Razorpay Lead Engineer Salary 5 - 10 years exp. (4 salaries)	₹11 L/yr - ₹21.5 L/yr 19% less
Broadridge Financial Solutions Lead Engineer Salary 5 - 12 years exp. (4 salaries)	₹18 L/yr - ₹22.5 L/yr 11% less
Angel One Lead Engineer Salary 4 - 9 years exp. (3 salaries)	₹22 L/yr - ₹45 L/yr 56% more

Lead Engineer salary at PhonePe ranges between ₹10 Lakhs to ₹30 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Lead Engineer salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹30 L/yr
7 years (AmbitionBox Estimate)	₹20 L/yr - ₹39.2 L/yr
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8 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr
9 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹27 L/yr

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Senior Developer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Salary related reviews for PhonePe

4.0

Rated by 1 employees for salary & benefits

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

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.

Team Lead in Bhubaneswer

Calcata Department

5.0

• posted on 11 May 2022

4.0

for Salary and Benefits

Likes

Good work and environment and culture, Teammates are supportive and the management is transparent

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our address issues, Salary is decent but careor growth is very slow.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about PhonePe

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missperfect

currently not working

Category Analyst - Payment UPI @ PhonePe

My resume just got selected for the role of category analyst at PhonePe. My interview will start soon. Anyone working at PhonePe can help me with the interview process? I want to know the total number of rounds. What will happen in each round? What will be the difficulty level? How should I prepare myself so that I can give my best in every round of interview? All the best tips/advice that can help me ace the interview would be highly appreciated.

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PhonePe Lead Engineer Salary FAQs

What is the salary of Lead Engineer at PhonePe?

Lead Engineer salary at PhonePe in India ranges between ₹10.0 Lakhs to ₹30.0 Lakhs for experience between 6 years to 9 years. According to our estimates it is 44% more than the average Lead Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of PhonePe India.

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

The average salary of a Lead Engineer at PhonePe is 44% more than the average salary of a Lead Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than PhonePe to a Lead Engineer in India?

HighRadius Lead Engineer Salary - ₹20.5 Lakhs to ₹63.8 Lakhs per year
Visa Lead Engineer Salary - ₹30.5 Lakhs to ₹80.0 Lakhs per year
Mobikwik Lead Engineer Salary - ₹27.0 Lakhs to ₹71.0 Lakhs per year
Paytm Lead Engineer Salary - ₹24.0 Lakhs to ₹66.0 Lakhs per year
MasterCard Lead Engineer Salary - ₹16.0 Lakhs to ₹51.0 Lakhs per year

What is the salary of a Lead Engineer in companies similar to PhonePe in India?

Angel One Lead Engineer Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
PayPal Lead Engineer Salary - ₹18.8 Lakhs to ₹57.0 Lakhs per year
PayU Payments Lead Engineer Salary - ₹31.0 Lakhs to ₹46.0 Lakhs per year
Airtel Payments Bank Lead Engineer Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
Freecharge Lead Engineer Salary - ₹15.0 Lakhs to ₹30.8 Lakhs per year

What is the estimated take home salary of a Lead Engineer at PhonePe in India?

The estimated take-home salary of a Lead Engineer at PhonePe ranges between ₹1,47,303 per month to ₹1,52,827 per month in India. The take-home salary calculation is based on the average PhonePe Lead Engineer salary in India which ranges between ₹10.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Lead Engineer at PhonePe?

According to AmbitionBox, 50% of the PhonePe Lead Engineers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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PhonePe Lead Engineer Salaries

PhonePe Lead Engineer salary in India ranges between ₹10 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PhonePe latest salaries received from various employees of PhonePe.