PolicyBazaar Principal Software Engineer Salaries by 5 Employees

9 - 16 years exp.

₹21.1 Lakhs - ₹57 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Principal Software Engineer Salary in Internet Companies for 9 - 16 years of experience

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Last Updated: 7 Jan 2024

Companies similar to PolicyBazaar for Principal Software Engineer

Company name	Avg Annual Salary	Open Jobs
MakeMyTrip Principal Software Engineer Salary 8 - 12 years exp. (43 salaries)	₹25 L/yr - ₹62 L/yr 12% more
Amazon Principal Software Engineer Salary 7 - 16 years exp. (25 salaries)	₹27 L/yr - ₹1 Cr/yr 46% more	2 job openings
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Flipkart Principal Software Engineer Salary 6 - 10 years exp. (5 salaries)	₹13 L/yr - ₹17.5 L/yr 57% less
Ola Cabs Principal Software Engineer Salary 9 - 11 years exp. (4 salaries)	₹50 L/yr - ₹75 L/yr 65% more
Rebel Foods Principal Software Engineer Salary 7 - 9 years exp. (4 salaries)	₹23 L/yr - ₹31.6 L/yr 35% less
BigBasket Principal Software Engineer Salary 9 - 15 years exp. (4 salaries)	₹42 L/yr - ₹1 Cr/yr 94% more
Everbridge Principal Software Engineer Salary 13 - 15 years exp. (3 salaries)	₹48 L/yr - ₹65 L/yr 40% more

Principal Software Engineer salary at PolicyBazaar ranges between ₹21.1 Lakhs to ₹57 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of PolicyBazaar.

Experience wise PolicyBazaar Principal Software Engineer salaries

Last Updated: 7 Jan 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹30.1 L/yr
10 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹50 L/yr
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11 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹57 L/yr

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Salary related reviews for PolicyBazaar

Team Lead in Mumbai

Full Time

Teaching & Training Department

4.0

• posted on 26 Dec 2024

5.0

for Salary and Benefits

Likes

This company is the best in terms of Salary and Incentives.. If your only aim is Money than No one can beat Policy bazaar.. I have personally seen hard working people taking incentive of over 2 lakhs on average regularly.. You can clear your Debt in the shortest period possible..

Salary - Excellent

+1 more

Dislikes

Money Comes the hard way.. No one can earn money by working 8 hours only.. Having said that you have to work 10-12 Hours to earn that extra Money

Work-life balance - Bad

Senior Consultant in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 13 Sep 2023

4.0

for Salary and Benefits

Likes

On time Salary and good incentives. Many things to learn initially about Insurance industry and the Investment companies.

Salary - Good

Dislikes

Toxic Environment. On time login however the Logout depends on your task completion. HR never support employees. Managers are selfish and self centric

Job security - Poor

+4 more

Associate Consultant in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Jan 2024

3.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Management are very poor. Company need to hire new talent in operations only there are old employee are working as a TL and AM. Manager don't have sense that how to speak with employee. He work like a peon. He dnt have basic knowledge that how to speak employee. If there any emergency in home then he is not giving a job that's why I left the job

Skill development - Bad

+5 more

Team Lead in Gurgaon / Gurugram

Sales Department

1.0

• posted on 09 Oct 2022

3.0

for Salary and Benefits

Likes

Here you get salary on time. Apart from this nothing is here to like

Dislikes

No job security Poor Management process No clarity about job role No support from Reporting Manager/Seniors My suggestion to all employees who are willing to come from Insurance company. Never join this organisation. You will join after getting good hike but after 2 or 3 months you yourself will decide to resign or company will issue pip or take resignation from you. Policybazaar is doing HIRE & FIRE policy. Suppose If you survive here for 1 or 2 years then also no any insurance company will ready to select you. Farud company...

Skill development - Bad

+5 more

Associate Consultant in Gurgaon / Gurugram

Engineering - Software & QA Department

4.0

• posted on 15 Dec 2019

4.0

for Salary and Benefits

Likes

...e of same age bracket, MANAGERS very understanding and very helpful in growth. SALARY GOOD PACKAGE and the timings of salary, your salary will be credited on 1st of the month if it's Sunday on 1st of the month then your salary will be credited on Saturday evening but no delay will occur Week offs yes they are rotational but on 2 week offs really helps me in living my life out of job only INCENTIVE I didn't earned anything yet in my last 9 months 😅 but yes I do have some common friends who joined two months ago and got 80k as an incentive. My point is just there is huge potential in earnings Appraisal twice in a year What else do I need ?? I guess less Target 😂

Salary - Good

+6 more

Dislikes

What I do not like about this company will be , honestly I am thinking of that because it generally don't comes to mind because if it has it is very few . Sorry but even after thinking for 5 minutes I couldn't find anything bad , However some people may say pressure is huge but guys it's sales and sales is what feed whole company so you will have to make numbers not only in this company but any company you go, comparably Policybazaar manager are kind and helpful when it comes to sale

see more salary related reviews

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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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PolicyBazaar Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at PolicyBazaar ?

The average salary of a Principal Software Engineer at PolicyBazaar in India typically ranges from ₹21.1 Lakhs to ₹57.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Principal Software Engineer at PolicyBazaar earn more than ₹57.0 Lakhs per year, and the top 1% earn over ₹57.0 Lakhs per year. Principal Software Engineer Salaries at PolicyBazaar 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 5 PolicyBazaar employees in India.

What is the estimated take home salary of a Principal Software Engineer at PolicyBazaar in India?

The estimated take-home salary of a Principal Software Engineer at PolicyBazaar in India typically ranges from ₹2,32,357 to ₹2,41,726 per month. This is based on the average salary range of ₹21.1 Lakhs to ₹57.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 5 salaries received from various employees of PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PolicyBazaar for Principal Software Engineer in India?

BigBasket	₹42.0 Lakhs to ₹100.0 Lakhs per year
Ola Cabs	₹50.0 Lakhs to ₹75.0 Lakhs per year
Amazon	₹27.0 Lakhs to ₹100.0 Lakhs per year
Everbridge	₹48.0 Lakhs to ₹65.0 Lakhs per year
MakeMyTrip	₹25.0 Lakhs to ₹62.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PolicyBazaar, depending on the role and experience level.

What is the salary of a Principal Software Engineer in companies similar to PolicyBazaar in India?

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

Rebel Foods	₹23.0 Lakhs to ₹31.6 Lakhs per year
Flipkart	₹13.0 Lakhs to ₹17.5 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 Principal Software Engineer at PolicyBazaar in India?

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

Experience	Average Salary Range
9 years	₹11.2 Lakhs to ₹30.1 Lakhs per year
10 years	₹21.1 Lakhs to ₹50.0 Lakhs per year
11 years	₹19.9 Lakhs to ₹57.0 Lakhs per year

and so on.

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PolicyBazaar Principal Software Engineer Salaries

PolicyBazaar Principal Software Engineer salary in India ranges between ₹21.1 Lakhs to ₹57 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 PolicyBazaar latest salaries received from various employees of PolicyBazaar.