PhonePe Software Development Engineer Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹12 Lakhs - ₹38 Lakhs

Salary of majority employees

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100% more than the average Software Development Engineer Salary in FinTech Companies for 1 - 6 years of experience

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Last Updated: 28 Feb 2025

Companies similar to PhonePe for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Software Development Engineer Salary 1 - 3 years exp. (62 salaries)	Unlock ₹7.3 L/yr - ₹23.5 L/yr 50% less
Mobikwik Software Development Engineer Salary 0 - 3 years exp. (34 salaries)	Unlock ₹6 L/yr - ₹20 L/yr 53% less
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Freecharge Software Development Engineer Salary 0 - 5 years exp. (124 salaries)	Unlock ₹6 L/yr - ₹18.2 L/yr 63% less
Airtel Payments Bank Software Development Engineer Salary 0 - 3 years exp. (22 salaries)	Unlock ₹5.9 L/yr - ₹18 L/yr 50% less	1 job opening
Fiserv Software Development Engineer Salary 0 - 9 years exp. (228 salaries)	Unlock ₹6 L/yr - ₹20.5 L/yr 53% less	4 job openings
Razorpay Software Development Engineer Salary 1 - 4 years exp. (78 salaries)	Unlock ₹10.2 L/yr - ₹34 L/yr 28% less	1 job opening
MasterCard Software Development Engineer Salary 0 - 7 years exp. (75 salaries)	Unlock ₹6.6 L/yr - ₹21 L/yr 48% less	1 job opening
PayPal Software Development Engineer Salary 0 - 8 years exp. (17 salaries)	Unlock ₹13.2 L/yr - ₹39.6 L/yr 17% less
ACKO Software Development Engineer Salary 0 - 6 years exp. (13 salaries)	Unlock ₹15.6 L/yr - ₹29.3 L/yr 23% less	2 job openings
Rupeek Software Development Engineer Salary 0 - 2 years exp. (10 salaries)	Unlock ₹7 L/yr - ₹20 L/yr 56% less
PayU Payments Software Development Engineer Salary 0 - 4 years exp. (10 salaries)	Unlock ₹8 L/yr - ₹24 L/yr 36% less
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Angel One Software Development Engineer Salary 0 - 3 years exp. (10 salaries)	Unlock ₹8 L/yr - ₹28 L/yr 37% less
Visa Software Development Engineer Salary 0 - 4 years exp. (9 salaries)	Unlock ₹15 L/yr - ₹34 L/yr 23% less
BankBazaar Software Development Engineer Salary 1 - 3 years exp. (7 salaries)	Unlock ₹17 L/yr - ₹25.7 L/yr 30% less	1 job opening
HighRadius Software Development Engineer Salary 0 - 3 years exp. (6 salaries)	Unlock ₹8 L/yr - ₹17 L/yr 57% less
Insolutions Global Software Development Engineer Salary 0 - 4 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹7.2 L/yr 84% less
AGS Transact Technologies Software Development Engineer Salary 1 - 2 years exp. (3 salaries)	Unlock ₹2.7 L/yr - ₹3.5 L/yr 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 6 years. Salary estimates are based on 15 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: 28 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹24 L/yr - ₹36 L/yr
2 years (4 salaries)	Unlock ₹12 L/yr - ₹38 L/yr
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3 years (5 salaries)	Unlock ₹21 L/yr - ₹36 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹21 L/yr - ₹49.9 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹11.1 L/yr - ₹32 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹11.1 L/yr - ₹32 L/yr

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Similar Designation salaries in PhonePe

Software Developer Salary

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₹24.12 L/yr - ₹54 L/yr

Software Engineer Salary

(273 salaries)

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₹15 L/yr - ₹55 L/yr

Senior Software Engineer Salary

(48 salaries)

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₹28.16 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

Senior Engineer Salary

(5 salaries)

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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

Salesforce Developer Salary

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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

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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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 Development Engineer Salary FAQs

What is the salary of Software Development Engineer at PhonePe?

Software Development Engineer salary at PhonePe in India ranges between ₹12.0 Lakhs to ₹38.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 100% more than the average Software Development Engineer Salary in India. Salary estimates are based on 15 latest salaries received from various employees of PhonePe India.

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

The average salary of a Software Development Engineer at PhonePe is 100% more than the average salary of a Software Development Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Software Development Engineer at PhonePe?

MVVM, Application Development, Data Structures, Kotlin and Software Development are some of the popular skills required to work as a Software Development Engineer at PhonePe India.

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

PayPal Software Development Engineer Salary - ₹13.2 Lakhs to ₹39.6 Lakhs per year
ACKO Software Development Engineer Salary - ₹15.6 Lakhs to ₹29.3 Lakhs per year
Visa Software Development Engineer Salary - ₹15.0 Lakhs to ₹34.0 Lakhs per year
Razorpay Software Development Engineer Salary - ₹10.2 Lakhs to ₹34.0 Lakhs per year
BankBazaar Software Development Engineer Salary - ₹17.0 Lakhs to ₹25.7 Lakhs per year

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 ranges between ₹1,72,929 per month to ₹1,79,611 per month in India. The take-home salary calculation is based on the average PhonePe Software Development Engineer salary in India which ranges between ₹12.0 Lakhs to ₹38.0 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 Development Engineer at PhonePe?

According to AmbitionBox, 33% of the PhonePe Software Development Engineers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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PhonePe Software Development Engineer Salaries by Location

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PhonePe Software Development Engineer Salaries

PhonePe Software Development Engineer salary in India ranges between ₹12 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 PhonePe latest salaries received from various employees of PhonePe.

PhonePe Software Development Engineer salaries in India (Updated 2025)

Companies similar to PhonePe for Software Development Engineer

Latest annual salaries shared by PhonePe Software Development Engineer

Experience wise PhonePe Software Development Engineer salaries

Similar Designation salaries in PhonePe

Top skills at PhonePe for Software Development Engineer

Salary related reviews for PhonePe

Team Lead in Gharaunda

Software Engineer in Bangalore / Bengaluru

Team Lead in Bhubaneswer

Operations Analyst in Bangalore / Bengaluru

Key Accounts Executive in Hyderabad / Secunderabad

PhonePe Software Development Engineer Salary FAQs

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