PhonePe Lead Engineer Salaries by 7 Employees (Updated 2025)

6 - 10 years exp.

₹15.5 Lakhs - ₹50 Lakhs

Low Confidence

Salary of majority employees

115% more than the average Lead Engineer Salary in FinTech Companies for 6 - 10 years of experience

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Last Updated: 18 Mar 2025

Companies similar to PhonePe for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
MasterCard Lead Engineer Salary 7 - 17 years exp. (45 salaries)	₹16 L/yr - ₹51 L/yr 4% more
Paytm Lead Engineer Salary 3 - 12 years exp. (19 salaries)	₹24 L/yr - ₹66 L/yr 12% more
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Fiserv Lead Engineer Salary 7 - 13 years exp. (16 salaries)	₹13 L/yr - ₹29 L/yr 44% less
PayPal Lead Engineer Salary 5 - 10 years exp. (9 salaries)	₹18.8 L/yr - ₹57 L/yr 1% more	1 job opening
PayU Payments Lead Engineer Salary 7 - 12 years exp. (7 salaries)	₹31 L/yr - ₹46 L/yr 5% less
Saxo Bank Lead Engineer Salary 6 - 10 years exp. (7 salaries)	₹14.8 L/yr - ₹46.5 L/yr 3% more
Visa Lead Engineer Salary 5 - 17 years exp. (6 salaries)	₹30.5 L/yr - ₹80 L/yr 47% more
M2P Fintech Lead Engineer Salary 6 - 9 years exp. (6 salaries)	₹9.5 L/yr - ₹22.9 L/yr 62% less
HighRadius Lead Engineer Salary 7 - 19 years exp. (4 salaries)	₹20.5 L/yr - ₹63.8 L/yr 51% more
Western Union Lead Engineer Salary 6 - 19 years exp. (4 salaries)	₹24 L/yr - ₹75 L/yr 35% more
Razorpay Lead Engineer Salary 5 - 10 years exp. (4 salaries)	₹11 L/yr - ₹21.5 L/yr 47% less
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Broadridge Financial Solutions Lead Engineer Salary 5 - 12 years exp. (4 salaries)	₹18 L/yr - ₹22.5 L/yr 42% less	1 job opening
Slice Lead Engineer Salary 7 - 13 years exp. (3 salaries)	₹25 L/yr - ₹62 L/yr 10% more
Angel One Lead Engineer Salary 4 - 9 years exp. (3 salaries)	₹22 L/yr - ₹45 L/yr 2% more

Lead Engineer salary at PhonePe ranges between ₹15.5 Lakhs to ₹50 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Lead Engineer salaries

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹30 L/yr
7 years (AmbitionBox Estimate)	₹20 L/yr - ₹54.2 L/yr
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8 years (AmbitionBox Estimate)	₹31.4 L/yr - ₹40.1 L/yr
9 years (AmbitionBox Estimate)	₹35.7 L/yr - ₹45.6 L/yr
10 years (4 salaries)	₹17.8 L/yr - ₹50 L/yr

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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.

Relationship Premium Accounts Manager in Nagpur

Full Time

Marketing & Communication Department

1.0

• posted on 13 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

They show you their message or job post with the maximum Salary of 4.5 LPA and the HR starts offering you from 1.8LPA and last she offers to the 5 years sales experienced guy is 2.5LPA and for freshers she only gives 1.2LPA to 1.8 LPA

Salary - Bad

+6 more

Senior Territory Sales Manager in New Delhi

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.

Job security - Poor

+2 more

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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PhonePe Lead Engineer Salary FAQs

What is the salary of Lead Engineer at PhonePe ?

The average salary of a Lead Engineer at PhonePe in India typically ranges from ₹15.5 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Lead Engineer at PhonePe earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Lead 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 7 PhonePe employees in India.

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 in India typically ranges from ₹2,11,225 to ₹2,19,639 per month. This is based on the average salary range of ₹15.5 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 6 years to 10 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 7 salaries received from various employees of PhonePe. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PhonePe for Lead Engineer in India?

HighRadius	₹20.5 Lakhs to ₹63.8 Lakhs per year
Visa	₹30.5 Lakhs to ₹80.0 Lakhs per year
Western Union	₹24.0 Lakhs to ₹75.0 Lakhs per year
Paytm	₹24.0 Lakhs to ₹66.0 Lakhs per year
Slice	₹25.0 Lakhs to ₹62.0 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 Lead Engineer in companies similar to PhonePe in India?

The salary of a Lead Engineer at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MasterCard	₹16.0 Lakhs to ₹51.0 Lakhs per year
Saxo Bank	₹14.8 Lakhs to ₹46.5 Lakhs per year
Angel One	₹22.0 Lakhs to ₹45.0 Lakhs per year
PayPal	₹18.8 Lakhs to ₹57.0 Lakhs per year
PayU Payments	₹31.0 Lakhs to ₹46.0 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 Lead Engineer at PhonePe in India?

The salary growth for a Lead Engineer at PhonePe depends on factors such as experience, performance, and promotions. On average, a Lead Engineer can expect the following growth trajectory at PhonePe:

Experience	Average Salary Range
6 years	₹10.1 Lakhs to ₹30.0 Lakhs per year
7 years	₹20.0 Lakhs to ₹54.2 Lakhs per year
8 years	₹31.4 Lakhs to ₹40.1 Lakhs per year
9 years	₹35.7 Lakhs to ₹45.6 Lakhs per year

and so on.

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PhonePe Lead Engineer Salaries

PhonePe Lead Engineer salary in India ranges between ₹15.5 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 PhonePe latest salaries received from various employees of PhonePe.