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PhonePe Salaries in Mumbai (Updated 2025)

based on 494 latest salaries
Explore Salaries by Departments
Sales & Business Development Marketing & Communication Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 7 years exp. · Mumbai (78 salaries)
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₹3 L/yr - ₹7.1 L/yr

2 - 11 years exp. · Mumbai (44 salaries)
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₹5 L/yr - ₹9.5 L/yr

1 job opening
0 - 8 years exp. · Mumbai (30 salaries)
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₹1.7 L/yr - ₹4 L/yr

0 - 6 years exp. · Mumbai (21 salaries)
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₹2 L/yr - ₹4.2 L/yr

Starting your career? Discover PhonePe fresher salaries in India
3 - 14 years exp. · Mumbai (19 salaries)
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₹7 L/yr - ₹15.3 L/yr

2 job openings
6 years exp. · Mumbai (15 salaries)
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₹25.6 L/yr - ₹35 L/yr

0 - 7 years exp. · Mumbai (14 salaries)
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₹3 L/yr - ₹5.6 L/yr

4 - 11 years exp. · Mumbai (12 salaries)
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₹11.5 L/yr - ₹17.3 L/yr

1 job opening
4 - 10 years exp. · Mumbai (11 salaries)
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₹6.9 L/yr - ₹9.1 L/yr

6 - 13 years exp. · Mumbai (11 salaries)
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₹13 L/yr - ₹30 L/yr

2 job openings
2 - 5 years exp. · Mumbai (11 salaries)
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₹4 L/yr - ₹10 L/yr

1 - 5 years exp. · Mumbai (10 salaries)
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₹6 L/yr - ₹7.5 L/yr

3 - 6 years exp. · Mumbai (10 salaries)
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₹5 L/yr - ₹11.6 L/yr

1 job opening
8 - 12 years exp. · Mumbai (7 salaries)
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₹11.5 L/yr - ₹16.5 L/yr

4 - 6 years exp. · Mumbai (5 salaries)
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₹7 L/yr - ₹11.5 L/yr

6 - 14 years exp. · Mumbai (5 salaries)
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₹21.5 L/yr - ₹31 L/yr

2 job openings
3 - 7 years exp. · Mumbai (5 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

1 - 6 years exp. · Mumbai (4 salaries)
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₹3.2 L/yr - ₹7 L/yr

4 years exp. · Mumbai (4 salaries)
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₹24.2 L/yr - ₹27.2 L/yr

2 - 8 years exp. · Mumbai (4 salaries)
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₹2.5 L/yr - ₹4 L/yr

Last Updated: 26 Mar, 2025

Salary related reviews for PhonePe

4.2

Rated by 97 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 30 Jan 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the managment is transport. There is a huge cafeteria and gaming arcade for chilling. Company policies are good.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the managment doesn't adress our issues salary is decent but career growth is slow. There is decent but growth is slow

read more

Marketing & Communication Department

5.0
  •  posted on 19 Apr 2022

5.0
 for  Salary and Benefits

Likes

...time in my life is that lockdown time but phonpe has very helpful for employees.it has give to salary in tough time.it has really thanks to phonpe and thanks lot

read more
  • Salary - Excellent
  • +6 more

Other Department

5.0
  •  posted on 14 May 2021

1.0
 for  Salary and Benefits

Likes

...s are supportive and the management is transparent . Company policies are good. Appraisals are fair and they give good salary hike and bonus every year

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  • Skill development - Excellent
  • +1 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign . On the job training is not given to new joinees

read more
  • Salary - Bad
  • +4 more

Other Department

1.0
  •  posted on 30 Sep 2020

1.0
 for  Salary and Benefits

Likes

DISLIKE PHONEPE MANAGEMENT SERVICE . I AM 6 MONTH WORKING IN PHONE PE COMPANY....AFTER RESIGNATION MY 25 DAYS SALARY NOT CREDIT IN MY ACCOUNT....ONLY 4 DAYS SALARY CREDIT MY ACCOUNT..I AM NOT HAPPY WITH MY SALARY. MY TSM AND ASM IS NOT GOOD.BAD BEHAVIOR...JOB IS NOT SECURE IN PHONEPE COMPANY...

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Dislikes

JOB IS NOT SECURE

  • Salary - Bad
  • +6 more

Sales & Marketing Department

2.0
  •  posted on 19 Aug 2020

3.0
 for  Salary and Benefits

Likes

Compensation is satisfactory for sales profile, otherwise nothing else to be liked about working at PhonePe.

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Dislikes

Company's work culture is too bad even to be described. Reporting managers and HRs not supportive at all, and behave unprofessionally at times. No work life balance at all. Career growth is slow.

read more
  • Skill development - Bad
  • +5 more
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PhonePe Salary FAQs

How much does PhonePe pay to its employees?
The average annual salary at PhonePe varies depending on the role, experience, and location. The salary ranges for some popular designations at PhonePe, are as follows:

Key Accounts Executive ₹3 Lakhs to ₹7.1 Lakhs per year
Territory Sales Manager ₹5 Lakhs to ₹9.5 Lakhs per year
Business Development Executive ₹1.7 Lakhs to ₹4 Lakhs per year
Sales Executive ₹2 Lakhs to ₹4.2 Lakhs per year

The highest-paying role, Group Product Manager, earns between ₹80 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹28 Lakhs per year, and the top 1% earn over ₹65.3 Lakhs per year. 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 salary estimates are based on data from 494 salaries submitted by PhonePe employees. PhonePe is rated 4.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at PhonePe in Mumbai?
The salary of a fresher at PhonePe in Mumbai typically ranges from ₹2.2 Lakhs to ₹29 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Key Accounts Executive Salary ₹3.8 Lakhs to ₹7 Lakhs per year
Fresher as a Business Development Executive Salary ₹1.9 Lakhs to ₹3.5 Lakhs per year
Fresher as a Sales Executive Salary ₹1.7 Lakhs to ₹3.5 Lakhs per year
Fresher as a Site Reliability Engineer Salary ₹12 Lakhs to ₹26 Lakhs per year

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Average annual salary in PhonePe , Mumbai is INRunlock blur . Salary estimates are based on 400+ PhonePe latest salaries received from various employees of PhonePe.

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