PhonePe Mumbai Manager Salaries by 6 Employees (Updated 2025)

2 - 8 years exp.

₹7.5 Lakhs - ₹27 Lakhs

Salary of majority employees

At par with the average Manager Salary in FinTech Companies for 2 - 8 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Finance & Accounting Manager Salary 8 years exp. (AmbitionBox Estimate)	₹19.3 L/yr - ₹27 L/yr
Marketing & Communication Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹17.1 L/yr
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Product Management Manager Salary 6 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹22 L/yr

Last Updated: 12 Mar 2025

Companies similar to PhonePe for Manager in Mumbai

PhonePe Manager Salary

2 - 8 years exp. (6 salaries)

₹7.5 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Flipkart Manager Salary 1 - 17 years exp. (48 salaries)	₹8.4 L/yr - ₹34 L/yr 21% more	6 job openings
Paytm Manager Salary 2 - 16 years exp. (60 salaries)	₹6.5 L/yr - ₹25 L/yr 3% less	2 job openings
Login to view exact salary
Amazon Manager Salary 5 - 16 years exp. (19 salaries)	₹11 L/yr - ₹32.8 L/yr 11% more	28 job openings
Swiggy Manager Salary 4 - 6 years exp. (6 salaries)	₹6.6 L/yr - ₹26.1 L/yr 11% less	1 job opening
Jio Manager Salary 2 - 22 years exp. (753 salaries)	₹6.5 L/yr - ₹26 L/yr 10% less	1 job opening
Angel One Manager Salary 5 - 14 years exp. (47 salaries)	₹4.3 L/yr - ₹17.2 L/yr 40% less
Insolutions Global Manager Salary 8 - 14 years exp. (29 salaries)	₹6.6 L/yr - ₹18.1 L/yr 19% less
AGS Transact Technologies Manager Salary 10 - 17 years exp. (27 salaries)	₹8.2 L/yr - ₹14.8 L/yr 29% less
Hitachi Payment Services Manager Salary 7 - 15 years exp. (22 salaries)	₹5.3 L/yr - ₹14 L/yr 46% less
Mswipe Technologies Manager Salary 1 - 14 years exp. (16 salaries)	₹5 L/yr - ₹13 L/yr 55% less
Airtel Payments Bank Manager Salary 4 - 12 years exp. (15 salaries)	₹5 L/yr - ₹10.6 L/yr 44% less
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PayU Payments Manager Salary 6 - 16 years exp. (14 salaries)	₹8.7 L/yr - ₹30 L/yr 15% more
Visa Manager Salary 4 - 11 years exp. (8 salaries)	₹30 L/yr - ₹48 L/yr 167% more	3 job openings
Care Health Insurance Manager Salary 0 - 10 years exp. (7 salaries)	₹3.4 L/yr - ₹7 L/yr 68% less
Unimoni Manager Salary 8 - 17 years exp. (6 salaries)	₹5 L/yr - ₹13 L/yr 52% less
KFintech Manager Salary 6 - 16 years exp. (6 salaries)	₹8.6 L/yr - ₹17.5 L/yr 28% less
MasterCard Manager Salary 7 - 15 years exp. (6 salaries)	₹25 L/yr - ₹45 L/yr 129% more	4 job openings
Razorpay Manager Salary 4 - 10 years exp. (5 salaries)	₹20 L/yr - ₹27 L/yr 21% more	1 job opening
PayPal Manager Salary 7 - 10 years exp. (4 salaries)	₹20 L/yr - ₹40 L/yr 98% more
Fiserv Manager Salary 12 - 17 years exp. (4 salaries)	₹17 L/yr - ₹30.6 L/yr 73% more

Manager salary at PhonePe ranges between ₹7.5 Lakhs to ₹27 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹23 L/yr
3 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
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4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹30.1 L/yr
5 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
6 years (3 salaries)	₹9.4 L/yr - ₹24 L/yr
7 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹27 L/yr

View all

Similar Designation salaries in PhonePe

Business Development Executive Salary

(31 salaries)

₹1.7 L/yr - ₹4 L/yr

Sales Executive Salary

(20 salaries)

₹2 L/yr - ₹4.2 L/yr

Business Development Associate Salary

(14 salaries)

₹3 L/yr - ₹5.6 L/yr

Operations Analyst Salary

(9 salaries)

₹5 L/yr - ₹11.6 L/yr

Category Manager Salary

(4 salaries)

₹22 L/yr - ₹32 L/yr

Product Manager Salary

(4 salaries)

₹15 L/yr - ₹30.5 L/yr

Top skills at PhonePe for Manager

Financial Services Medical Insurance Wellness travel insurance Analytical

Salary related reviews for PhonePe

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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PhonePe Manager Salary FAQs

What is the salary of Manager at PhonePe in Mumbai?

The average salary of a Manager at PhonePe in Mumbai typically ranges from ₹7.5 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Manager in Mumbai at PhonePe earn more than ₹26.7 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Manager 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 6 PhonePe employees in India.

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

The estimated take-home salary of a Manager at PhonePe in Mumbai typically ranges from ₹1,12,705 to ₹1,15,836 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 6 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 Manager at PhonePe in Mumbai?

To be a Manager at PhonePe in Mumbai, the key skills required include:

- Financial Services
- Medical Insurance
- Wellness
- travel insurance
- Analytical

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 Manager in India?

Visa	₹30.0 Lakhs to ₹48.0 Lakhs per year
MasterCard	₹25.0 Lakhs to ₹45.0 Lakhs per year
PayPal	₹20.0 Lakhs to ₹40.0 Lakhs per year
Fiserv	₹17.0 Lakhs to ₹30.6 Lakhs per year
Flipkart	₹8.4 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 Manager in companies similar to PhonePe in Mumbai?

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

Razorpay	₹20.0 Lakhs to ₹27.0 Lakhs per year
PayU Payments	₹8.7 Lakhs to ₹30.0 Lakhs per year
Amazon	₹11.0 Lakhs to ₹32.8 Lakhs per year
Paytm	₹6.5 Lakhs to ₹25.0 Lakhs per year
Jio	₹6.5 Lakhs to ₹26.0 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 Manager at PhonePe in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.8 Lakhs to ₹23.0 Lakhs per year
3 years	₹15.2 Lakhs to ₹19.4 Lakhs per year
4 years	₹7.5 Lakhs to ₹30.1 Lakhs per year
5 years	₹14.9 Lakhs to ₹19.1 Lakhs per year

and so on.

Tell us how to improve this page.

PhonePe Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 PhonePe latest salaries received from various employees of PhonePe.