PhonePe Software Engineer2 Salaries by 6 Employees (Updated 2025)

0 - 9 years exp.

₹22 Lakhs - ₹61 Lakhs

Low Confidence

Salary of majority employees

88% more than the average Software Engineer2 Salary in FinTech Companies for 0 - 9 years of experience

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Last Updated: 30 Jan 2025

Companies similar to PhonePe for Software Engineer2

Company name	Avg Annual Salary	Open Jobs
PayPal Software Engineer2 Salary 2 - 7 years exp. (310 salaries)	₹15 L/yr - ₹45 L/yr 21% less	3 job openings
MasterCard Software Engineer2 Salary 2 - 8 years exp. (273 salaries)	₹9.6 L/yr - ₹30 L/yr 47% less
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HighRadius Software Engineer2 Salary 3 - 6 years exp. (60 salaries)	₹12 L/yr - ₹19.3 L/yr 57% less
Razorpay Software Engineer2 Salary 1 - 7 years exp. (7 salaries)	₹10.9 L/yr - ₹27 L/yr 49% less
PayU Payments Software Engineer2 Salary 2 - 3 years exp. (6 salaries)	₹10 L/yr - ₹22 L/yr 54% less
ACKO Software Engineer2 Salary 4 - 5 years exp. (6 salaries)	₹25 L/yr - ₹45 L/yr 2% more
Paytm Software Engineer2 Salary 2 - 5 years exp. (6 salaries)	₹14.4 L/yr - ₹27 L/yr 49% less
Slice Software Engineer2 Salary 3 - 4 years exp. (5 salaries)	₹26 L/yr - ₹42 L/yr 10% less
Navi Technologies Software Engineer2 Salary 2 - 5 years exp. (5 salaries)	₹33 L/yr - ₹42 L/yr 2% more
Angel One Software Engineer2 Salary 1 - 4 years exp. (5 salaries)	₹25 L/yr - ₹37 L/yr 20% less
Tide - Business Management Platform Software Engineer2 Salary 3 - 5 years exp. (4 salaries)	₹30 L/yr - ₹42 L/yr 1% more
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Fiserv Software Engineer2 Salary 2 - 3 years exp. (4 salaries)	₹16 L/yr - ₹22 L/yr 54% less
M2P Fintech Software Engineer2 Salary 2 - 4 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 62% less

Software Engineer2 salary at PhonePe ranges between ₹22 Lakhs to ₹61 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.

Experience wise PhonePe Software Engineer2 salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.3 L/yr - ₹29 L/yr
1 year (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr
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2 years (AmbitionBox Estimate)	₹25 L/yr - ₹32 L/yr
3 years (AmbitionBox Estimate)	₹22 L/yr - ₹56.2 L/yr
4 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹40 L/yr
5 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹47.5 L/yr
6 years (AmbitionBox Estimate)	₹37.4 L/yr - ₹47.9 L/yr
7 years (AmbitionBox Estimate)	₹40.6 L/yr - ₹51.8 L/yr
8 years (AmbitionBox Estimate)	₹43.7 L/yr - ₹55.8 L/yr
9 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹70 L/yr

View all

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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.

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

see more salary related reviews

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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 Engineer2 Salary FAQs

What is the salary of Software Engineer2 at PhonePe ?

The average salary of a Software Engineer2 at PhonePe in India typically ranges from ₹22.0 Lakhs to ₹61.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Software Engineer2 at PhonePe earn more than ₹67.8 Lakhs per year, and the top 1% earn over ₹70.0 Lakhs per year. Software Engineer2 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 6 PhonePe employees in India.

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 in India typically ranges from ₹2,19,332 to ₹2,28,112 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹61.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 6 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 Engineer2 in India?

ACKO	₹25.0 Lakhs to ₹45.0 Lakhs per year
Navi Technologies	₹33.0 Lakhs to ₹42.0 Lakhs per year
Tide - Business Management Platform	₹30.0 Lakhs to ₹42.0 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 Engineer2 in companies similar to PhonePe in India?

The salary of a Software Engineer2 at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Slice	₹26.0 Lakhs to ₹42.0 Lakhs per year
Angel One	₹25.0 Lakhs to ₹37.0 Lakhs per year
PayPal	₹15.0 Lakhs to ₹45.0 Lakhs per year
MasterCard	₹9.6 Lakhs to ₹30.0 Lakhs per year
Paytm	₹14.4 Lakhs to ₹27.0 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 Engineer2 at PhonePe in India?

The salary growth for a Software Engineer2 at PhonePe depends on factors such as experience, performance, and promotions. On average, a Software Engineer2 can expect the following growth trajectory at PhonePe:

Experience	Average Salary Range
Fresher	₹8.3 Lakhs to ₹29.0 Lakhs per year
1 year	₹21.9 Lakhs to ₹28.0 Lakhs per year
2 years	₹25.0 Lakhs to ₹32.0 Lakhs per year
3 years	₹22.0 Lakhs to ₹56.2 Lakhs per year

and so on.

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PhonePe Software Engineer2 Salaries

PhonePe Software Engineer2 salary in India ranges between ₹22 Lakhs to ₹61 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 PhonePe latest salaries received from various employees of PhonePe.