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PhonePe Software Development Engineer salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹12 Lakhs - ₹38 Lakhs
Salary of majority employees
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99% more than the average Software Development Engineer Salary in FinTech Companies for 1 - 5 years of experience

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Last Updated: 20 Mar 2025

Companies similar to PhonePe for Software Development Engineer

Company name Avg Annual Salary Open Jobs
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Fiserv Software Development Engineer Salary

1 - 9 years exp. (228 salaries)

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₹6 L/yr - ₹20.5 L/yr

arrow icon 51% less
3 job openings
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Razorpay Software Development Engineer Salary

0 - 4 years exp. (87 salaries)

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₹8 L/yr - ₹32 L/yr

arrow icon 35% less
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₹6.6 L/yr - ₹21 L/yr

arrow icon 48% less
1 job opening
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Paytm Software Development Engineer Salary

0 - 3 years exp. (72 salaries)

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₹7.3 L/yr - ₹23.5 L/yr

arrow icon 51% less
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₹4.8 L/yr - ₹21.2 L/yr

arrow icon 56% less
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PayPal Software Development Engineer Salary

0 - 8 years exp. (19 salaries)

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₹13.2 L/yr - ₹39.2 L/yr

arrow icon 14% less
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₹14 L/yr - ₹40 L/yr

arrow icon 3% more
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ACKO Software Development Engineer Salary

0 - 7 years exp. (14 salaries)

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₹18 L/yr - ₹29.3 L/yr

arrow icon 19% less
1 job opening
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Slice Software Development Engineer Salary

0 - 2 years exp. (13 salaries)

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₹22 L/yr - ₹42 L/yr

arrow icon 13% more
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₹8 L/yr - ₹24 L/yr

arrow icon 36% less
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Rupeek Software Development Engineer Salary

0 - 2 years exp. (10 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 55% less
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₹8 L/yr - ₹20.5 L/yr

arrow icon 41% less
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Visa Software Development Engineer Salary

0 - 4 years exp. (9 salaries)

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₹15 L/yr - ₹34 L/yr

arrow icon 23% less
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₹17 L/yr - ₹25.7 L/yr

arrow icon 30% less
1 job opening
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₹9 L/yr - ₹17 L/yr

arrow icon 56% less
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₹6.9 L/yr - ₹8.9 L/yr

arrow icon 71% less
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₹2.5 L/yr - ₹7.2 L/yr

arrow icon 84% less
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 89% less
Software Development Engineer salary at PhonePe ranges between ₹12 Lakhs to ₹38 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 16 latest salaries received from various employees of PhonePe.

Latest annual salaries shared by PhonePe Software Development Engineer

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Experience wise PhonePe Software Development Engineer salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹24 L/yr - ₹36 L/yr
2 years  (5 salaries)

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₹12 L/yr - ₹38 L/yr
3 years  (5 salaries)

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₹21 L/yr - ₹36 L/yr
4 years (AmbitionBox Estimate)

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₹21 L/yr - ₹49.5 L/yr
5 years (AmbitionBox Estimate)

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₹21 L/yr - ₹32 L/yr

Similar Designation salaries in PhonePe

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₹13.85 L/yr - ₹60.1 L/yr
Software Engineer Salary
(311 salaries)
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₹12 L/yr - ₹48.8 L/yr
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₹27.96 L/yr - ₹60 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
System Engineer Salary
(12 salaries)
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₹4.5 L/yr - ₹14.73 L/yr
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₹12 L/yr - ₹40 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹35.6 L/yr - ₹45.4 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹40.4 L/yr - ₹51.6 L/yr
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₹2.5 L/yr - ₹10 L/yr

Top skills at PhonePe for Software Development Engineer

MVVM Application Development Data Structures Kotlin Software Development

Salary related reviews for PhonePe

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

read more
  • Company culture - Poor

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.

read more
  • Salary - Good
  • +1 more

Dislikes

1. Appreciation culture is lacking. 2. Personal growth curve unclear due to lack of enough roles.

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.

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Job security - Poor
  • +2 more
see more salary related reviews

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PhonePe Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at PhonePe ?
The average salary of a Software Development Engineer at PhonePe in India typically ranges from ₹12.0 Lakhs to ₹38.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Development Engineer at PhonePe earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹38.0 Lakhs per year. Software Development 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 10+ PhonePe employees in India.
What is the estimated take home salary of a Software Development Engineer at PhonePe in India?
The estimated take-home salary of a Software Development Engineer at PhonePe in India typically ranges from ₹1,72,139 to ₹1,78,786 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹38.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ 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 Software Development Engineer at PhonePe ?
To be a Software Development Engineer at PhonePe in india, the key skills required include:

  • - MVVM
  • - Application Development
  • - Data Structures
  • - Kotlin
  • - Software Development

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 Software Development Engineer in India?
Slice ₹22.0 Lakhs to ₹42.0 Lakhs per year
Navi Technologies ₹14.0 Lakhs to ₹40.0 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 Software Development Engineer in companies similar to PhonePe in India?
The salary of a Software Development Engineer at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PayPal ₹13.2 Lakhs to ₹39.2 Lakhs per year
ACKO ₹18.0 Lakhs to ₹29.3 Lakhs per year
Visa ₹15.0 Lakhs to ₹34.0 Lakhs per year
BankBazaar ₹17.0 Lakhs to ₹25.7 Lakhs per year
Razorpay ₹8.0 Lakhs to ₹32.0 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 Software Development Engineer at PhonePe in India?
The salary growth for a Software Development Engineer at PhonePe depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer can expect the following growth trajectory at PhonePe:

Experience Average Salary Range
1 year ₹24.0 Lakhs to ₹36.0 Lakhs per year
2 years ₹12.0 Lakhs to ₹38.0 Lakhs per year
3 years ₹21.0 Lakhs to ₹36.0 Lakhs per year
4 years ₹21.0 Lakhs to ₹49.5 Lakhs per year
and so on.

Tell us how to improve this page.

PhonePe Software Development Engineer salary in India ranges between ₹12 Lakhs to ₹38 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 PhonePe latest salaries received from various employees of PhonePe.