PhonePe Software Engineer2 Salaries by 7 Employees (Updated 2025)

0 - 9 years exp.

₹16.5 Lakhs - ₹70 Lakhs

Low Confidence

Salary of majority employees

Unlock

104% more than the average Software Engineer2 Salary in FinTech Companies for 0 - 9 years of experience

Interested in this particular role?

Last Updated: 17 Feb 2025

Companies similar to PhonePe for Software Engineer2

Company name	Avg Annual Salary	Open Jobs
Paytm Software Engineer2 Salary 2 - 5 years exp. (6 salaries)	Unlock ₹14.4 L/yr - ₹27 L/yr 52% less
Mobikwik Software Engineer2 Salary 2 - 6 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹21 L/yr 59% less
Login to view exact salary
Airtel Payments Bank Software Engineer2 Salary 2 - 8 years exp. (8 salaries)	Unlock ₹17 L/yr - ₹25 L/yr 45% less
FIS Software Engineer2 Salary 3 - 8 years exp. (449 salaries)	Unlock ₹7 L/yr - ₹19 L/yr 65% less
PayPal Software Engineer2 Salary 2 - 7 years exp. (305 salaries)	Unlock ₹15 L/yr - ₹45 L/yr 27% less	4 job openings
MasterCard Software Engineer2 Salary 2 - 7 years exp. (258 salaries)	Unlock ₹9.6 L/yr - ₹30 L/yr 53% less
HighRadius Software Engineer2 Salary 3 - 6 years exp. (57 salaries)	Unlock ₹12 L/yr - ₹20 L/yr 60% less
Razorpay Software Engineer2 Salary 1 - 7 years exp. (8 salaries)	Unlock ₹10.9 L/yr - ₹30 L/yr 49% less
ACKO Software Engineer2 Salary 4 - 5 years exp. (6 salaries)	Unlock ₹25 L/yr - ₹45 L/yr 6% less
Navi Technologies Software Engineer2 Salary 2 - 5 years exp. (5 salaries)	Unlock ₹33 L/yr - ₹42 L/yr 6% less
PayU Payments Software Engineer2 Salary 2 - 3 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹22 L/yr 54% less
Login to view exact salary
Angel One Software Engineer2 Salary 1 - 4 years exp. (5 salaries)	Unlock ₹25 L/yr - ₹37 L/yr 25% less
Fiserv Software Engineer2 Salary 2 - 3 years exp. (3 salaries)	Unlock ₹16 L/yr - ₹24 L/yr 47% less

Software Engineer2 salary at PhonePe ranges between ₹16.5 Lakhs to ₹70 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 7 latest salaries received from various employees of PhonePe.

Experience wise PhonePe Software Engineer2 salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹29 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹17.5 L/yr - ₹22.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	Unlock ₹22.6 L/yr - ₹28.8 L/yr
3 years (3 salaries)	Unlock ₹16.5 L/yr - ₹55.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹14.5 L/yr - ₹40 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹16.7 L/yr - ₹47.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹42.7 L/yr - ₹54.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹50.3 L/yr - ₹55.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹55.6 L/yr - ₹61.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹25.7 L/yr - ₹70 L/yr

View all

Similar Designation salaries in PhonePe

Software Engineer Salary

(265 salaries)

Unlock

₹13 L/yr - ₹55 L/yr

Senior Software Engineer Salary

(48 salaries)

Unlock

₹28.16 L/yr - ₹60 L/yr

Site Reliability Engineer Salary

(40 salaries)

Unlock

₹10.2 L/yr - ₹30 L/yr

Softwaretest Engineer Salary

(22 salaries)

Unlock

₹11.4 L/yr - ₹40.2 L/yr

Sde1 Salary

(20 salaries)

Unlock

₹14 L/yr - ₹33 L/yr

Software Development Engineer Salary

(15 salaries)

Unlock

₹12 L/yr - ₹38 L/yr

Sdet-I Salary

(13 salaries)

Unlock

₹14 L/yr - ₹25.81 L/yr

System Engineer Salary

(12 salaries)

Unlock

₹4.5 L/yr - ₹14.73 L/yr

Integration Engineer Salary

(10 salaries)

Unlock

₹10.62 L/yr - ₹16.6 L/yr

Devops Engineer Salary

(6 salaries)

Unlock

₹12.08 L/yr - ₹16.01 L/yr

Salary related reviews for PhonePe

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.

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

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about PhonePe

View All

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

Got a question about PhonePe?

Ask anonymously on communities.

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 ₹70.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 104% more than the average Software Engineer2 Salary in India. Salary estimates are based on 7 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 104% 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?

ACKO Software Engineer2 Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
Navi Technologies Software Engineer2 Salary - ₹33.0 Lakhs to ₹42.0 Lakhs per year
Angel One Software Engineer2 Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
PayPal Software Engineer2 Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
Airtel Payments Bank Software Engineer2 Salary - ₹17.0 Lakhs to ₹25.0 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 ₹2,34,549 per month to ₹2,44,017 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 ₹70.0 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, 75% of the PhonePe Software Engineer2s reported a notice period of 2 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
PhonePe Salaries >
PhonePe Software Engineer2 Salaries

PhonePe Software Engineer2 salary in India ranges between ₹16.5 Lakhs to ₹70 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 PhonePe latest salaries received from various employees of PhonePe.