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

4 - 10 years exp.

₹16 Lakhs - ₹55 Lakhs

Salary of majority employees

Fixed (91%)

₹33.3 Lakhs

Variable (9%)

₹3.3 Lakhs

139% more than the average Senior Software Engineer Salary in Financial Services Companies for 4 - 10 years of experience

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Last Updated: 28 Feb 2025

Companies similar to Upstox for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
Zerodha Senior Software Engineer Salary 3 - 6 years exp. (8 salaries)	₹15 L/yr - ₹35 L/yr 34% less
Paytm Money Senior Software Engineer Salary 2 - 6 years exp. (68 salaries)	₹11 L/yr - ₹33 L/yr 46% less
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Groww Senior Software Engineer Salary 2 - 7 years exp. (10 salaries)	₹16 L/yr - ₹65 L/yr 2% more
Sharekhan Senior Software Engineer Salary 7 - 11 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 60% less
Angel One Senior Software Engineer Salary 3 - 9 years exp. (32 salaries)	₹10 L/yr - ₹36.8 L/yr 44% less
Kotak Securities Senior Software Engineer Salary 3 - 7 years exp. (14 salaries)	₹9.6 L/yr - ₹42 L/yr 35% less
HDFC Securities Senior Software Engineer Salary 3 - 7 years exp. (6 salaries)	₹17 L/yr - ₹40 L/yr 22% less
Edelweiss Senior Software Engineer Salary 2 - 10 years exp. (28 salaries)	₹6.2 L/yr - ₹24.6 L/yr 62% less
Morningstar Senior Software Engineer Salary 4 - 10 years exp. (277 salaries)	₹10 L/yr - ₹28.2 L/yr 43% less	16 job openings
Pine Labs Senior Software Engineer Salary 1 - 8 years exp. (153 salaries)	₹8 L/yr - ₹31.9 L/yr 50% less
Fidelity National Financial Senior Software Engineer Salary 4 - 11 years exp. (139 salaries)	₹7.9 L/yr - ₹29.9 L/yr 50% less
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TIAA Global Business Services Senior Software Engineer Salary 5 - 9 years exp. (95 salaries)	₹11 L/yr - ₹31.7 L/yr 36% less
Mr Cooper Senior Software Engineer Salary 5 - 10 years exp. (66 salaries)	₹8.5 L/yr - ₹22 L/yr 58% less
Franklin Templeton Investments Senior Software Engineer Salary 8 - 16 years exp. (63 salaries)	₹14.5 L/yr - ₹35 L/yr 26% less
Invesco Senior Software Engineer Salary 4 - 11 years exp. (46 salaries)	₹14 L/yr - ₹35 L/yr 32% less
CSC Global Senior Software Engineer Salary 4 - 6 years exp. (34 salaries)	₹7.2 L/yr - ₹16.5 L/yr 67% less	3 job openings
Fidelity International Senior Software Engineer Salary 5 - 8 years exp. (22 salaries)	₹12.6 L/yr - ₹30 L/yr 42% less
Ocwen Financial Solutions Senior Software Engineer Salary 4 - 8 years exp. (17 salaries)	₹5.3 L/yr - ₹15.2 L/yr 74% less
Sun Life Financial Senior Software Engineer Salary 2 - 9 years exp. (12 salaries)	₹7.5 L/yr - ₹30 L/yr 54% less
Synchrony Senior Software Engineer Salary 3 - 10 years exp. (12 salaries)	₹6.1 L/yr - ₹20 L/yr 58% less

View all

Senior Software Engineer salary at Upstox ranges between ₹16 Lakhs to ₹55 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 21 latest salaries received from various employees of Upstox.

Experience wise Upstox Senior Software Engineer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹22 L/yr - ₹35.5 L/yr
5 years (3 salaries)	₹16 L/yr - ₹47 L/yr
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6 years (3 salaries)	₹20 L/yr - ₹41.9 L/yr
7 years (AmbitionBox Estimate)	₹26 L/yr - ₹40.5 L/yr
8 years (3 salaries)	₹20.2 L/yr - ₹55 L/yr
9 years (AmbitionBox Estimate)	₹38.3 L/yr - ₹70.8 L/yr
10 years (6 salaries)	₹22.5 L/yr - ₹53 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

(5 salaries)

₹54.5 L/yr - ₹70 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Software Developer Salary

(12 salaries)

₹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

(9 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

1w (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 my previous org.

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Upstox Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Upstox?

Senior Software Engineer salary at Upstox in India ranges between ₹16.0 Lakhs to ₹55.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 139% more than the average Senior Software Engineer Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Upstox India.

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

The average salary of a Senior Software Engineer at Upstox is 139% more than the average salary of a Senior Software Engineer in India. To know exact salary insights, login to view.

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

Computer science, Distribution System, Data Structures, MongoDB and NoSQL are some of the popular skills required to work as a Senior Software Engineer at Upstox India.

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

Groww Senior Software Engineer Salary - ₹16.0 Lakhs to ₹65.0 Lakhs per year

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

HDFC Securities Senior Software Engineer Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
Ameriprise Financial Senior Software Engineer Salary - ₹21.0 Lakhs to ₹39.6 Lakhs per year
Franklin Templeton Investments Senior Software Engineer Salary - ₹14.5 Lakhs to ₹35.0 Lakhs per year
Invesco Senior Software Engineer Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
Zerodha Senior Software Engineer Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year

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 ranges between ₹2,20,164 per month to ₹2,28,981 per month in India. The take-home salary calculation is based on the average Upstox Senior Software Engineer salary in India which ranges between ₹16.0 Lakhs to ₹55.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Senior Software Engineer at Upstox?

According to AmbitionBox, 75% of the Upstox Senior Software Engineers reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Upstox Senior Software Engineer Salaries

Upstox Senior Software Engineer salary in India ranges between ₹16 Lakhs to ₹55 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Upstox latest salaries received from various employees of Upstox.