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4.0

based on 2.1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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PhonePe Software Engineer2 salaries in India

Annual salary range
0 - 9 years exp.
₹16.5 Lakhs - ₹67.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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101% more than the average Software Engineer2 Salary in FinTech Companies for 0 - 9 years of experience

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Last Updated: 18 Jan 2025

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₹13 L/yr - ₹19.3 L/yr

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₹25 L/yr - ₹37 L/yr

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Navi Technologies Software Engineer2 Salary

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2 - 3 years exp. (5 salaries)

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₹10 L/yr - ₹20.4 L/yr

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4 - 7 years exp. (4 salaries)

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₹6.6 L/yr - ₹40 L/yr

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Fiserv Software Engineer2 Salary

2 - 3 years exp. (3 salaries)

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₹16 L/yr - ₹24 L/yr

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Software Engineer2 salary at PhonePe ranges between ₹16.5 Lakhs to ₹67.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 6 latest salaries received from various employees of PhonePe.

Latest annual salaries shared by PhonePe Software Engineer2

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3 years exp.
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Experience wise PhonePe Software Engineer2 salaries

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6.6 L/yr - ₹29 L/yr
1 year (AmbitionBox Estimate)

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₹17 L/yr - ₹21.7 L/yr
2 years (AmbitionBox Estimate)

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₹22 L/yr - ₹28.1 L/yr
3 years  (3 salaries)

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₹16.5 L/yr - ₹54 L/yr
4 years (AmbitionBox Estimate)

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₹32 L/yr - ₹40.9 L/yr
View all

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₹30 L/yr - ₹47.5 L/yr
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₹10.62 L/yr - ₹15 L/yr

Salary related reviews for PhonePe

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

Dislikes

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

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.

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.

read more

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

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

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 19 Oct 2024

5.0
 for  Salary and Benefits

Likes

All good from Higher management Salary credited in right time

Dislikes

Words may be left but ... As a company it's a very well & organised but in east circle it's totally worthless.. If you are belongs from specific community then it's ok if not then it's a great problem What is your performance it's doesn't matters if can buttering your manager & RSM then you are ok, ZERO solution from manager & RSM level but Resignation threats you can get continuously All though it's all about URBANA Jurisdiction; in Rural it's totally different culture,

read more

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 ..

read more

Dislikes

All the things is bad......if you are complaint for your manager behaviour HR don't here your opinion ......

see more salary related reviews

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PhonePe Software Engineer2 Salary FAQs

What is the salary of Software Engineer2 at PhonePe?
Software Engineer2 salary at PhonePe in India ranges between ₹16.5 Lakhs to ₹67.8 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 101% more than the average Software Engineer2 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of PhonePe India.
How does the salary of a Software Engineer2 at PhonePe India compare with the average salary range for this job?
The average salary of a Software Engineer2 at PhonePe is 101% more than the average salary of a Software Engineer2 in India. To know exact salary insights, login to view.
What is the salary of a Software Engineer2 in companies similar to PhonePe in India?
  • Navi Technologies Software Engineer2 Salary - ₹33.0 Lakhs to ₹42.0 Lakhs per year
  • ACKO Software Engineer2 Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
  • PayPal Software Engineer2 Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
  • Angel One Software Engineer2 Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
  • Razorpay Software Engineer2 Salary - ₹18.6 Lakhs to ₹45.0 Lakhs per year
What is the estimated take home salary of a Software Engineer2 at PhonePe in India?
The estimated take-home salary of a Software Engineer2 at PhonePe ranges between ₹2,31,550 per month to ₹2,40,883 per month in India. The take-home salary calculation is based on the average PhonePe Software Engineer2 salary in India which ranges between ₹16.5 Lakhs to ₹67.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Software Engineer2 at PhonePe?
According to AmbitionBox, 60% of the PhonePe Software Engineer2s reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

PhonePe Software Engineer2 salary in India ranges between ₹16.5 Lakhs to ₹67.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 PhonePe latest salaries received from various employees of PhonePe.