PhonePe Software Developer Salaries by 60+ Employees (Updated 2025)

1 - 6 years exp.

₹24.6 Lakhs - ₹54.2 Lakhs

Salary of majority employees

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282% more than the average Software Developer Salary in FinTech Companies for 1 - 6 years of experience

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Last Updated: 2 Mar 2025

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Freecharge Software Developer Salary 0 - 4 years exp. (57 salaries)	Unlock ₹6.3 L/yr - ₹14.9 L/yr 72% less
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Sopra Steria

Success to our employee's well-being? A work-life balance that's simply unbeatable.

Our employees have rated us 4 for Work-Life Balance on AmbitionBox

Software Developer salary at PhonePe ranges between ₹24.6 Lakhs to ₹54.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 64 latest salaries received from various employees of PhonePe.

Latest annual salaries shared by PhonePe Software Developer

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Experience wise PhonePe Software Developer salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (10 salaries)	Unlock ₹9.8 L/yr - ₹40 L/yr
2 years (14 salaries)	Unlock ₹10.9 L/yr - ₹48.4 L/yr
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3 years (20 salaries)	Unlock ₹11.9 L/yr - ₹50 L/yr
4 years (10 salaries)	Unlock ₹12.9 L/yr - ₹52 L/yr
5 years (4 salaries)	Unlock ₹30 L/yr - ₹62 L/yr
6 years (6 salaries)	Unlock ₹31 L/yr - ₹48 L/yr

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₹15.8 L/yr - ₹20.1 L/yr

Senior Software Developer Salary

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₹21.2 L/yr - ₹27 L/yr

Software Development Engineer Salary

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₹12 L/yr - ₹38 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

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₹40.4 L/yr - ₹51.6 L/yr

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Salary related reviews for PhonePe

4.1

Rated by 11 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

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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 wil... read more

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PhonePe Software Developer Salary FAQs

What is the salary of Software Developer at PhonePe?

Software Developer salary at PhonePe in India ranges between ₹24.6 Lakhs to ₹54.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 282% more than the average Software Developer Salary in India. Salary estimates are based on 64 latest salaries received from various employees of PhonePe India.

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

The average salary of a Software Developer at PhonePe is 282% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than PhonePe to a Software Developer in India?

Uber Software Developer Salary - ₹63.2 Lakhs to ₹120.0 Lakhs per year
Google Software Developer Salary - ₹19.8 Lakhs to ₹60.0 Lakhs per year
Amazon Software Developer Salary - ₹25.6 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Software Developer in companies similar to PhonePe in India?

Zomato Software Developer Salary - ₹12.6 Lakhs to ₹42.8 Lakhs per year
Microsoft Corporation Software Developer Salary - ₹12.0 Lakhs to ₹46.0 Lakhs per year
PayPal Software Developer Salary - ₹10.0 Lakhs to ₹37.6 Lakhs per year
Adobe Software Developer Salary - ₹10.0 Lakhs to ₹38.0 Lakhs per year
Flipkart Software Developer Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year

What is the estimated take home salary of a Software Developer at PhonePe in India?

The estimated take-home salary of a Software Developer at PhonePe ranges between ₹1,90,218 per month to ₹1,97,681 per month in India. The take-home salary calculation is based on the average PhonePe Software Developer salary in India which ranges between ₹24.6 Lakhs to ₹54.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at PhonePe?

According to AmbitionBox, 53% of the PhonePe Software Developers reported a notice period of 2 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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PhonePe Software Developer Salaries

PhonePe Software Developer salary in India ranges between ₹24.6 Lakhs to ₹54.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 64 PhonePe latest salaries received from various employees of PhonePe.