PhonePe Software Development Engineer Test Salaries by 7 Employees (Updated 2025)

1 - 7 years exp.

₹7 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

56% more than the average Software Development Engineer Test Salary in FinTech Companies for 1 - 7 years of experience

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Last Updated: 14 Mar 2025

Companies similar to PhonePe for Software Development Engineer Test

Company name	Avg Annual Salary	Open Jobs
MasterCard Software Development Engineer Test Salary 3 - 8 years exp. (22 salaries)	₹8.4 L/yr - ₹17.5 L/yr 36% less
Paytm Software Development Engineer Test Salary 1 - 5 years exp. (12 salaries)	₹6.5 L/yr - ₹19 L/yr 39% less
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PayU Payments Software Development Engineer Test Salary 1 - 4 years exp. (6 salaries)	₹8 L/yr - ₹10 L/yr 54% less
BankBazaar Software Development Engineer Test Salary 2 - 7 years exp. (5 salaries)	₹7.5 L/yr - ₹12.6 L/yr 39% less
Western Union Software Development Engineer Test Salary 4 - 6 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 36% less
Razorpay Software Development Engineer Test Salary 1 - 5 years exp. (4 salaries)	₹11.5 L/yr - ₹15 L/yr 37% less
Slice Software Development Engineer Test Salary 5 - 8 years exp. (4 salaries)	₹10.8 L/yr - ₹50 L/yr 77% more
ACKO Software Development Engineer Test Salary 2 - 5 years exp. (4 salaries)	₹13.2 L/yr - ₹34 L/yr 16% more

Software Development Engineer Test salary at PhonePe ranges between ₹7 Lakhs to ₹28 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Software Development Engineer Test salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹9.4 L/yr
2 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
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3 years (AmbitionBox Estimate)	₹6 L/yr - ₹20 L/yr
4 years (3 salaries)	₹7.6 L/yr - ₹28 L/yr
5 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
6 years (AmbitionBox Estimate)	₹24.4 L/yr - ₹31.2 L/yr
7 years (AmbitionBox Estimate)	₹28 L/yr - ₹28 L/yr

View all

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Salary related reviews for PhonePe

4.0

Rated by 1 employees for salary & benefits

Relationship Premium Accounts Manager in Nagpur

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

Salary - Bad

+6 more

Senior Territory Sales Manager in New Delhi

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.

Job security - Poor

+2 more

Sales Executive in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 05 Mar 2025

1.0

for Salary and Benefits

Likes

Yes

Skill development - Excellent

+2 more

Dislikes

No good job salary kam dete hai full time me 21000₹ batate or dete 12000₹ or full duty karo tm ya hall hai tel ka bataya tha vah bhi company nhi diya hai or leave lete nhi leave dikhaya jata hai salary com aye yah dasa hai company ko

Salary - Bad

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

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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PhonePe Software Development Engineer Test Salary FAQs

What is the salary of Software Development Engineer Test at PhonePe ?

The average salary of a Software Development Engineer Test at PhonePe in India typically ranges from ₹7.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Software Development Engineer Test at PhonePe earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Software Development Engineer Test 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 7 PhonePe employees in India.

What is the estimated take home salary of a Software Development Engineer Test at PhonePe in India?

The estimated take-home salary of a Software Development Engineer Test at PhonePe in India typically ranges from ₹1,24,380 to ₹1,28,220 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 7 salaries received from various employees of PhonePe. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PhonePe for Software Development Engineer Test in India?

Slice	₹10.8 Lakhs to ₹50.0 Lakhs per year
ACKO	₹13.2 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 Software Development Engineer Test in companies similar to PhonePe in India?

The salary of a Software Development Engineer Test at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MasterCard	₹8.4 Lakhs to ₹17.5 Lakhs per year
Western Union	₹9.0 Lakhs to ₹16.0 Lakhs per year
Razorpay	₹11.5 Lakhs to ₹15.0 Lakhs per year
Paytm	₹6.5 Lakhs to ₹19.0 Lakhs per year
BankBazaar	₹7.5 Lakhs to ₹12.6 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 Test at PhonePe in India?

The salary growth for a Software Development Engineer Test at PhonePe depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer Test can expect the following growth trajectory at PhonePe:

Experience	Average Salary Range
1 year	₹2.8 Lakhs to ₹9.4 Lakhs per year
2 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
3 years	₹6.0 Lakhs to ₹20.0 Lakhs per year
4 years	₹7.6 Lakhs to ₹28.0 Lakhs per year

and so on.

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PhonePe Software Development Engineer Test Salaries

PhonePe Software Development Engineer Test salary in India ranges between ₹7 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 PhonePe latest salaries received from various employees of PhonePe.