Razorpay Product Engineer Salaries by 10+ Employees (Updated 2025)

1 - 3 years exp.

₹3.7 Lakhs - ₹14 Lakhs

Salary of majority employees

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At par with the average Product Engineer Salary in FinTech Companies for 1 - 3 years of experience

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Last Updated: 12 Feb 2025

Companies similar to Razorpay for Product Engineer

Company name	Avg Annual Salary	Open Jobs
Flipkart Product Engineer Salary 2 - 5 years exp. (6 salaries)	Unlock ₹6 L/yr - ₹10 L/yr 12% less
Microsoft Corporation Product Engineer Salary 8 - 9 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹6.7 L/yr 22% less
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BankBazaar Product Engineer Salary 1 - 2 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹4.5 L/yr 50% less
MasterCard Product Engineer Salary 3 - 11 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹28 L/yr 138% more
TCS Product Engineer Salary 0 - 4 years exp. (370 salaries)	Unlock ₹2.8 L/yr - ₹9.5 L/yr 39% less

Product Engineer salary at Razorpay ranges between ₹3.7 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 13 latest salaries received from various employees of Razorpay.

Latest annual salaries shared by Razorpay Product Engineer

3d ago

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3 years exp.

1w ago

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3 years exp.

4mo ago

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2 years exp.

4mo ago

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2 years exp.

7mo ago

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1 year exp.

11mo ago

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2 years exp.

1y ago

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2 years exp.

1y ago

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1 year exp.

1y ago

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2 years exp.

1y ago

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2 years exp.

Experience wise Razorpay Product Engineer salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹12 L/yr
2 years (9 salaries)	Unlock ₹3.4 L/yr - ₹14 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹15.1 L/yr

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Top skills at Razorpay for Product Engineer

Silicon PHP MySQL SDLC Matrix Backend

Salary related reviews for Razorpay

2.4

Rated by 2 employees for salary & benefits

Assistant Merchant in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 20 Feb 2024

1.0

for Salary and Benefits

Likes

They just delay everything

Dislikes

Just Big no to Razorpay pay there support system will likely to kill your self .. it takes 24 hours to get a reply and suppose they have asked for some clarification and you replied to mail with your clarification. Wait for 24 hours. Razorpay will reply you without reading your previous mail and they will ask you some new irrelevant questions. Somehow you are going to reply them with there irrelevant questions and wait for 24 hours. Razorpay pay reply after 24 hours again without reading your some irrelevant questions with your replied answer. They ask you some new irrelevant documents to submit ha ha ha ... It is happening with me they will debit your amount without any receipt or notice they will hold your settlement they ignore to resolve the main problem. They will start a loop of irrelevant questions and the loop will get active after 24 hours you will feel like why I have used Razorpay for our company. There chat support is very wonderful garbage they don't know what to do and they are not there to help you instead they reply you the same "" I will forward this issue to our team "' I am facing this twice now still waiting for 24 hours and with some new irrelevant questions. I have all the records and email communication with them which I am keeping to start a legal battle. Sorry I forgot to write they will reply you by deleting your previous email. New update 16 Feb 2024 After Submitting what was asked on 15 Feb 2024 by Razorpay. Razorpay replied with the same irrelevant questions which was asked 1 month before.. there is no use of submitting what they are asking. Again again the same loop. I just replied them to read the mail what they have asked we have submitted but they even don't bother to open the mail and read it. Let see again waiting for 24 hours I will wait back here just waiting for 24 hours. Update 19 Feb Reply from Razorpay.. They just replied that please write us back what we have asked... Reply by us Please send your merchant customer care number we are going call and resolve this because we don't think you people are going to read the emails or solve this by email. Wait for 24 hours....tik tik Yeahhh Update on 20 Feb Reply by Razorpay... Dear Partner Greetings From Razorpay Thank you for your response , We tried calling you over the phone , but didnot got any response . Please revert back to the mail with an alternate phone number or time where we can reach out to you . We seek your help and support in this regard. .........Reply by us.......... We have not received any call from your side we have screenshot of call recording. """ Without calling to us they just replied we are unable to reach.....""" Still they are not sharing support number to call ..

Salary - Bad

+6 more

Senior Front End Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 10 Feb 2023

3.0

for Salary and Benefits

Likes

Talented engineers to work with. Company is growing fast.

Skill development - Good

+2 more

Dislikes

...lays in delivery. Lots of ad-hoc requirement changes are there most of the time. Lots of difference in salary of people. You will frequently see that engineers with less experience are earning way more than a more experienced engineer. And the difference is not 1-2 lakh rupees, it's way more! Razorpay should try to bring everyone at one designation to almost equal salary. Razorpay should have confidence to tell prospective employees that they offer only this much range for this designation. Many people have complained that the newly joining engineers have more pay and benefits than those who have stayed loyal with company. This pushes the people to switch jobs to get higher pay as they see people switching jobs annually are having so many benefits.

Assistant Manager in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

Nothing, Ok work culture and Job security, Micro Management from the Top.

Dislikes

Ok team mates, fewer opportunities for L&D, Salary growth, and Appraisals are pathetic if you belong to a non-tech team. All the perks and benefits are majorly for the tech teams.

Salary - Bad

+6 more

Junior Analyst Operations in Bangalore / Bengaluru

Data Science & Analytics Department

3.0

• posted on 08 Apr 2021

4.0

for Salary and Benefits

Likes

Compensation & benefits, company culture. A good platform for the Freshers to Kickstart their career.

Salary - Good

+2 more

Dislikes

Hectic workload, expectations are too high from the freshers. Process keeps changing every month as per the business needs. Creating lot of confusions within the team. You must be able to extend you shift and take OTs for more than 2 hours. And you must be ready to work on your week off. This totally depends on the team which you join into. Humble request is to hire the team leads within the company so that they have good knowledge on the process and support the agents in tough situations. When it comes to employees working on contract, getting converted as a full-time employee is a difficult. I feel there must transparency in this case, so that the particular agent can improve himself/herself when his/her contract gets extended.

Operations Executive in Mumbai

Operations Department

3.0

• posted on 06 Nov 2018

4.0

for Salary and Benefits

Likes

Innovation, salary, travel

Salary - Good

+1 more

Dislikes

Lack of job security & transperancy, jobs responsiblilty and actual work might not be the same. There are many time employee is asked to work for 10-12 hours without any compensation.

Job security - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Razorpay Product Engineer Salary FAQs

What is the salary of Product Engineer at Razorpay?

Product Engineer salary at Razorpay in India ranges between ₹3.7 Lakhs to ₹14.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 2% more than the average Product Engineer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Razorpay India.

How does the salary of a Product Engineer at Razorpay India compare with the average salary range for this job?

The average salary of a Product Engineer at Razorpay is 2% more than the average salary of a Product Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Engineer at Razorpay?

Silicon, PHP, MySQL, SDLC and Matrix are some of the popular skills required to work as a Product Engineer at Razorpay India.

Which similar companies are paying more than Razorpay to a Product Engineer in India?

MasterCard Product Engineer Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year

What is the salary of a Product Engineer in companies similar to Razorpay in India?

Flipkart Product Engineer Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
Microsoft Corporation Product Engineer Salary - ₹6.0 Lakhs to ₹6.7 Lakhs per year
TCS Product Engineer Salary - ₹2.8 Lakhs to ₹9.5 Lakhs per year
BankBazaar Product Engineer Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Product Engineer at Razorpay in India?

The estimated take-home salary of a Product Engineer at Razorpay ranges between ₹61,584 per month to ₹63,146 per month in India. The take-home salary calculation is based on the average Razorpay Product Engineer salary in India which ranges between ₹3.7 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Product Engineer at Razorpay?

According to AmbitionBox, 55% of the Razorpay Product Engineers reported a notice period of 1 Month, 45% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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Razorpay Product Engineer Salaries

Razorpay Product Engineer salary in India ranges between ₹3.7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Razorpay latest salaries received from various employees of Razorpay.