Upstox Principal Engineer Salaries by 8 Employees (Updated 2025)

12 - 17 years exp.

₹31.5 Lakhs - ₹44 Lakhs

Salary of majority employees

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31% more than the average Principal Engineer Salary in Financial Services Companies for 12 - 17 years of experience

Interested in this particular role? 1 job opening

Last Updated: 18 Jun 2023

Companies similar to Upstox for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Saxo Bank Principal Engineer Salary 6 - 12 years exp. (6 salaries)	Unlock ₹20 L/yr - ₹42 L/yr 14% less
MasterCard Principal Engineer Salary 12 - 20 years exp. (6 salaries)	Unlock ₹40 L/yr - ₹72 L/yr 65% more	1 job opening
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HighRadius Principal Engineer Salary 6 - 9 years exp. (5 salaries)	Unlock ₹13.6 L/yr - ₹32 L/yr 43% less
PayPal Principal Engineer Salary 11 - 17 years exp. (4 salaries)	Unlock ₹35 L/yr - ₹50 L/yr 9% more
Razorpay Principal Engineer Salary 6 - 15 years exp. (4 salaries)	Unlock ₹34 L/yr - ₹97 L/yr 69% more
Fiserv Principal Engineer Salary 11 - 15 years exp. (4 salaries)	Unlock ₹19.5 L/yr - ₹36 L/yr 26% less

Principal Engineer salary at Upstox ranges between ₹31.5 Lakhs to ₹44 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Upstox.

Experience wise Upstox Principal Engineer salaries

Last Updated: 18 Jun 2023

Experience	Avg Annual Salary
12 years (3 salaries)	Unlock ₹31.5 L/yr - ₹43 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹37 L/yr - ₹69.9 L/yr
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14 years (AmbitionBox Estimate)	Unlock ₹40 L/yr - ₹43 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹44 L/yr

Similar Designation salaries in Upstox

Senior Engineer Salary

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₹26.5 L/yr - ₹56 L/yr

Lead Engineer Salary

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₹54.5 L/yr - ₹70 L/yr

Principal Software Engineer Salary

(AmbitionBox Estimate)

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₹27 L/yr - ₹34.5 L/yr

Software Engineer Salary

(14 salaries)

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₹9 L/yr - ₹23 L/yr

Lead Software Engineer Salary

(4 salaries)

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₹44 L/yr - ₹53 L/yr

Senior Software Engineer Salary

(21 salaries)

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₹16 L/yr - ₹55 L/yr

Technical Lead Salary

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₹26.38 L/yr - ₹44.35 L/yr

Project Manager Salary

(3 salaries)

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₹10 L/yr - ₹17 L/yr

Team Lead Salary

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₹2.2 L/yr - ₹5.5 L/yr

Senior Associate Salary

(6 salaries)

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₹4.95 L/yr - ₹10.45 L/yr

Top skills at Upstox for Principal Engineer

Distribution System Computer science Data Structures Android Data Processing Coding React Native Github MongoDB Front End Java Flutter NoSQL Backend Software Design

Salary related reviews for Upstox

Content Writer in Mumbai

Full Time

Content, Editorial & Journalism Department

3.0

• posted on 19 Feb 2024

3.0

for Salary and Benefits

Likes

1. Receive salary on time 2. Holidays granted without any hiccups 3. Office is located in front of the station

Skill development - Good

+1 more

Dislikes

1. Hybrid model discontinued 2. Long and unscheduled working hours 3. Management and managers unwilling to listen to feedback 4. Poor appraisals

Promotions - Poor

Software Developer Engineer 2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Sep 2023

3.0

for Salary and Benefits

Likes

Fast pace environment, exposure to stock market, live user feedback on app as app is live on play store, experienced managers

Job security - Excellent

+3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

Product Manager in Mumbai

Full Time

Product Management Department

2.0

• posted on 09 Jan 2023

5.0

for Salary and Benefits

Likes

...ritating emails, HR follow-ups for the same and so a lot of time is saved there. But for the annual variable pay, you do need to conjecture something up.

Salary - Excellent

+2 more

Dislikes

Lack of both product culture & engineering culture. Strategies and focus change week on week, month on month. Product has a dotted line reporting to engg which over time seems to be converting to a full line. With no clear direction, product rarely ships any impactful features and there is a constant struggle to catch-up with competition. It seems the primary aim/strategy is to get new users via marketing with minimum efforts into retention. There is no goal-setting process at quarter or annual level.

Skill development - Bad

+3 more

Engineering Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 03 Jan 2023

4.0

for Salary and Benefits

Likes

Goos pay. You can thrive if u r going by reference from someone head or director level. You can seat and throw random nonsense at the engineers.

Salary - Good

Dislikes

No work life balance. Too many levels of people managers and few implementors. In the name of process they play favorites. Too many noise makers instead of helping or assisting to solve a problem they simple run skeleton dedicated crew thin and hang them dry. Technology head is petty and very biased and demoralizing. No sense of Saturday or sunday anytime call happens. People with connections with heads only make noise but when real work is question blame is put on already burdened developers.

Skill development - Poor

+5 more

Product Manager in Bangalore / Bengaluru

Product Management Department

3.0

• posted on 07 Sep 2022

4.0

for Salary and Benefits

Likes

Good WLB, good pay structure

Salary - Good

+3 more

Dislikes

Company has no vision. Its literally catching up with every other broker on the street. One day you copy Zerodha, on the another day you copy Groww. Its just sad to see the wasted potential of this company. I blame the leadership who promoted people from non-product backgrounds to product leadership and they are ruining the company. Every team works in silos which exasperates the problem

Skill development - Poor

+2 more

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Upstox Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Upstox?

Principal Engineer salary at Upstox in India ranges between ₹31.5 Lakhs to ₹44.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 31% more than the average Principal Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Upstox India.

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

The average salary of a Principal Engineer at Upstox is 31% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Engineer at Upstox?

Distribution System, Computer science, Data Structures, Android and Data Processing are some of the popular skills required to work as a Principal Engineer at Upstox India.

Which similar companies are paying more than Upstox to a Principal Engineer in India?

Razorpay Principal Engineer Salary - ₹34.0 Lakhs to ₹97.0 Lakhs per year
MasterCard Principal Engineer Salary - ₹40.0 Lakhs to ₹72.0 Lakhs per year
PayPal Principal Engineer Salary - ₹35.0 Lakhs to ₹50.0 Lakhs per year

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

Saxo Bank Principal Engineer Salary - ₹20.0 Lakhs to ₹42.0 Lakhs per year
Fiserv Principal Engineer Salary - ₹19.5 Lakhs to ₹36.0 Lakhs per year
HighRadius Principal Engineer Salary - ₹13.6 Lakhs to ₹32.0 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Upstox ranges between ₹2,41,672 per month to ₹2,51,462 per month in India. The take-home salary calculation is based on the average Upstox Principal Engineer salary in India which ranges between ₹31.5 Lakhs to ₹44.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Upstox?

According to AmbitionBox, 75% of the Upstox Principal Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Upstox Principal Engineer Salaries

Upstox Principal Engineer salary in India ranges between ₹31.5 Lakhs to ₹44 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Upstox latest salaries received from various employees of Upstox.