Upstox Senior Software Developer Salaries by 3 Employees (Updated 2025)

4 - 12 years exp.

₹35 Lakhs - ₹60 Lakhs

Low Confidence

Salary of majority employees

207% more than the average Senior Software Developer Salary in Financial Services Companies for 4 - 12 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Upstox for Senior Software Developer

Company name	Avg Annual Salary	Open Jobs
Groww Senior Software Developer Salary 1 - 5 years exp. (4 salaries)	₹27 L/yr - ₹42 L/yr 16% less
5paisa Capital Ltd. Senior Software Developer Salary 4 - 9 years exp. (17 salaries)	₹7.5 L/yr - ₹21.5 L/yr 68% less
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Angel One Senior Software Developer Salary 4 - 11 years exp. (16 salaries)	₹7 L/yr - ₹25.5 L/yr 61% less
Kotak Securities Senior Software Developer Salary 3 - 7 years exp. (4 salaries)	₹15 L/yr - ₹16 L/yr 64% less
Sharekhan Senior Software Developer Salary 4 - 11 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 73% less
HDFC Securities Senior Software Developer Salary 2 - 11 years exp. (3 salaries)	₹5.9 L/yr - ₹24.4 L/yr 67% less
Motilal Oswal Senior Software Developer Salary 2 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 87% less
Edelweiss Senior Software Developer Salary 4 - 11 years exp. (20 salaries)	₹5.8 L/yr - ₹16 L/yr 73% less
TIAA Global Business Services Senior Software Developer Salary 4 - 9 years exp. (110 salaries)	₹8.5 L/yr - ₹28 L/yr 55% less
Fidelity National Financial Senior Software Developer Salary 5 - 9 years exp. (21 salaries)	₹8.2 L/yr - ₹28 L/yr 54% less
Ameriprise Financial Senior Software Developer Salary 4 - 8 years exp. (16 salaries)	₹12 L/yr - ₹31 L/yr 43% less
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Morningstar Senior Software Developer Salary 4 - 10 years exp. (12 salaries)	₹10 L/yr - ₹24.6 L/yr 58% less
Ocwen Financial Solutions Senior Software Developer Salary 6 - 10 years exp. (12 salaries)	₹14 L/yr - ₹19.4 L/yr 63% less
Sun Life Financial Senior Software Developer Salary 4 - 10 years exp. (7 salaries)	₹9 L/yr - ₹21 L/yr 66% less
Fidelity International Senior Software Developer Salary 3 - 8 years exp. (5 salaries)	₹12.7 L/yr - ₹27 L/yr 57% less
Synchrony Senior Software Developer Salary 3 - 11 years exp. (5 salaries)	₹9 L/yr - ₹41.7 L/yr 44% less
Mr Cooper Senior Software Developer Salary 5 - 7 years exp. (5 salaries)	₹9.3 L/yr - ₹15.6 L/yr 69% less	1 job opening
Pine Labs Senior Software Developer Salary 3 - 6 years exp. (5 salaries)	₹21 L/yr - ₹35 L/yr 30% less
Franklin Templeton Investments Senior Software Developer Salary 2 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹11 L/yr 80% less
CSC Global Senior Software Developer Salary 6 - 14 years exp. (4 salaries)	₹13 L/yr - ₹13.9 L/yr 69% less

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Senior Software Developer salary at Upstox ranges between ₹35 Lakhs to ₹60 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Upstox.

Experience wise Upstox Senior Software Developer salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr
5 years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
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12 years (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr

Similar Designation salaries in Upstox

Senior Software Engineer Salary

(21 salaries)

₹16 L/yr - ₹55 L/yr

Software Developer Salary

(12 salaries)

₹9.5 L/yr - ₹29.42 L/yr

Lead Software Engineer Salary

(4 salaries)

₹44 L/yr - ₹53 L/yr

Web Developer Salary

(3 salaries)

₹13 L/yr - ₹14.9 L/yr

Software Engineer Salary

(14 salaries)

₹9 L/yr - ₹23 L/yr

Senior Engineer Salary

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₹26.5 L/yr - ₹56 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Senior Associate Salary

(6 salaries)

₹4.95 L/yr - ₹10.45 L/yr

Software Development Engineer Salary

(10 salaries)

₹15 L/yr - ₹28.6 L/yr

Lead Engineer Salary

(5 salaries)

₹54.5 L/yr - ₹70 L/yr

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Upstox Senior Software Developer Salary FAQs

How the salary growth look like for a Senior Software Developer at Upstox in India?

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

Experience	Average Salary Range
4 years	₹32.4 Lakhs to ₹41.4 Lakhs per year
5 years	₹31.5 Lakhs to ₹40.2 Lakhs per year
12 years	₹57.0 Lakhs to ₹63.0 Lakhs per year

and so on.

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Upstox Senior Software Developer Salaries

Upstox Senior Software Developer salary in India ranges between ₹35 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Upstox latest salaries received from various employees of Upstox.

Upstox Senior Software Developer salaries in India (Updated 2025)

Companies similar to Upstox for Senior Software Developer

Latest annual salaries shared by Upstox Senior Software Developer

Experience wise Upstox Senior Software Developer salaries

Similar Designation salaries in Upstox

Salary related reviews for Upstox

Content Writer in Mumbai

Software Developer Engineer 2 in Bangalore / Bengaluru

Product Manager in Mumbai

Engineering Manager in Mumbai

Product Manager in Bangalore / Bengaluru

Upstox Senior Software Developer Salary FAQs

Tell us how to improve this page.