Upstox Senior Software Engineer Salaries by 20+ Employees (Updated 2025)

3 - 12 years exp.

₹17.1 Lakhs - ₹60 Lakhs

Salary of majority employees

Fixed (91%)

₹38 Lakhs

Variable (9%)

₹3.5 Lakhs

167% more than the average Senior Software Engineer Salary in Financial Services Companies for 3 - 12 years of experience

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Last Updated: 30 Mar 2025

Companies similar to Upstox for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
Morningstar Senior Software Engineer Salary 5 - 10 years exp. (261 salaries)	₹10 L/yr - ₹28.2 L/yr 49% less	14 job openings
Pine Labs Senior Software Engineer Salary 2 - 8 years exp. (168 salaries)	₹8.6 L/yr - ₹33.7 L/yr 52% less	1 job opening
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Fidelity National Financial Senior Software Engineer Salary 4 - 11 years exp. (125 salaries)	₹7.8 L/yr - ₹30 L/yr 55% less
TIAA Global Business Services Senior Software Engineer Salary 5 - 10 years exp. (97 salaries)	₹11.5 L/yr - ₹35 L/yr 38% less
Mr Cooper Senior Software Engineer Salary 5 - 10 years exp. (66 salaries)	₹8.5 L/yr - ₹22 L/yr 63% less	1 job opening
Franklin Templeton Investments Senior Software Engineer Salary 8 - 16 years exp. (63 salaries)	₹14.5 L/yr - ₹35 L/yr 35% less
Invesco Senior Software Engineer Salary 5 - 11 years exp. (45 salaries)	₹14 L/yr - ₹35 L/yr 39% less
CSC Senior Software Engineer Salary 4 - 6 years exp. (39 salaries)	₹7.2 L/yr - ₹16.5 L/yr 69% less
Fidelity International Senior Software Engineer Salary 5 - 8 years exp. (22 salaries)	₹12 L/yr - ₹25.3 L/yr 50% less
Ocwen Financial Solutions Senior Software Engineer Salary 4 - 8 years exp. (17 salaries)	₹5.3 L/yr - ₹15.2 L/yr 78% less
Kotak Securities Senior Software Engineer Salary 3 - 7 years exp. (15 salaries)	₹9.6 L/yr - ₹38.3 L/yr 45% less
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Mashreq Global Services Senior Software Engineer Salary 4 - 11 years exp. (13 salaries)	₹13.4 L/yr - ₹51 L/yr 31% less
Sun Life Financial Senior Software Engineer Salary 2 - 9 years exp. (12 salaries)	₹7.5 L/yr - ₹30 L/yr 59% less
Synchrony Senior Software Engineer Salary 3 - 10 years exp. (12 salaries)	₹6.1 L/yr - ₹20 L/yr 63% less
Groww Senior Software Engineer Salary 2 - 7 years exp. (12 salaries)	₹22 L/yr - ₹50 L/yr 9% less
National Stock Exchange of India Senior Software Engineer Salary 3 - 9 years exp. (7 salaries)	₹4.4 L/yr - ₹17 L/yr 77% less
Macquarie Group Senior Software Engineer Salary 5 - 9 years exp. (7 salaries)	₹16 L/yr - ₹22 L/yr 50% less
Kroll Senior Software Engineer Salary 5 - 7 years exp. (7 salaries)	₹6.3 L/yr - ₹20.5 L/yr 69% less	1 job opening
Ameriprise Financial Senior Software Engineer Salary 3 - 7 years exp. (4 salaries)	₹21 L/yr - ₹39.6 L/yr 32% less
SBI Cards & Payment Services Senior Software Engineer Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹19 L/yr 71% less

View all

Senior Software Engineer salary at Upstox ranges between ₹17.1 Lakhs to ₹60 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 28 latest salaries received from various employees of Upstox.

Experience wise Upstox Senior Software Engineer salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹29.6 L/yr - ₹37.8 L/yr
4 years (5 salaries)	₹19.5 L/yr - ₹35.5 L/yr
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5 years (3 salaries)	₹16 L/yr - ₹47 L/yr
6 years (5 salaries)	₹15.5 L/yr - ₹41.9 L/yr
7 years (AmbitionBox Estimate)	₹36.5 L/yr - ₹46.7 L/yr
8 years (3 salaries)	₹20.2 L/yr - ₹55 L/yr
9 years (AmbitionBox Estimate)	₹40 L/yr - ₹51.1 L/yr
10 years (6 salaries)	₹22.5 L/yr - ₹53 L/yr
11 years (AmbitionBox Estimate)	₹43.5 L/yr - ₹55.6 L/yr
12 years (AmbitionBox Estimate)	₹47.7 L/yr - ₹52.8 L/yr

View all

Similar Designation salaries in Upstox

Lead Software Engineer Salary

(4 salaries)

₹44 L/yr - ₹53 L/yr

Senior Software Developer Salary

(3 salaries)

₹35 L/yr - ₹60 L/yr

Software Engineer Salary

(14 salaries)

₹9 L/yr - ₹23 L/yr

Senior Engineer Salary

(3 salaries)

₹26.5 L/yr - ₹56 L/yr

Lead Engineer Salary

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₹54.5 L/yr - ₹70 L/yr

System Engineer Salary

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₹5.9 L/yr - ₹7.5 L/yr

Software Developer Salary

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₹9.5 L/yr - ₹29.42 L/yr

Senior Associate Salary

(6 salaries)

₹4.95 L/yr - ₹10.45 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Software Development Engineer Salary

(10 salaries)

₹15 L/yr - ₹28.6 L/yr

Top skills at Upstox for Senior Software Engineer

Computer science Distribution System Data Structures MongoDB NoSQL Backend Coding Software Design Publishing Android Stock Market Unit Testing Github stock broking Cloud Computing

Salary related reviews for Upstox

3.7

Rated by 4 employees for salary & benefits

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

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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Upstox Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Upstox ?

The average salary of a Senior Software Engineer at Upstox in India typically ranges from ₹17.1 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Senior Software Engineer at Upstox earn more than ₹53.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Senior Software Engineer Salaries at Upstox 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 20+ Upstox employees in India.

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

The estimated take-home salary of a Senior Software Engineer at Upstox in India typically ranges from ₹2,46,648 to ₹2,56,663 per month. This is based on the average salary range of ₹17.1 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 20+ salaries received from various employees of Upstox. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Software Engineer at Upstox ?

To be a Senior Software Engineer at Upstox in india, the key skills required include:

- Computer science
- Distribution System
- Data Structures
- MongoDB
- NoSQL

These skills are highly valued at Upstox and are crucial for successful performance in a Software Engineering role.

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

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

Groww	₹22.0 Lakhs to ₹50.0 Lakhs per year
Mashreq Global Services	₹13.4 Lakhs to ₹51.0 Lakhs per year
Ameriprise Financial	₹21.0 Lakhs to ₹39.6 Lakhs per year
Franklin Templeton Investments	₹14.5 Lakhs to ₹35.0 Lakhs per year
TIAA Global Business Services	₹11.5 Lakhs to ₹35.0 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 Senior Software Engineer at Upstox in India?

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

Experience	Average Salary Range
3 years	₹29.6 Lakhs to ₹37.8 Lakhs per year
4 years	₹19.5 Lakhs to ₹35.5 Lakhs per year
5 years	₹16.0 Lakhs to ₹47.0 Lakhs per year
6 years	₹15.5 Lakhs to ₹41.9 Lakhs per year

and so on.

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Upstox Senior Software Engineer Salaries

Upstox Senior Software Engineer salary in India ranges between ₹17.1 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Upstox latest salaries received from various employees of Upstox.