Upstox Software Developer Salaries by 10+ Employees (Updated 2025)

1 - 3 years exp.

₹9.5 Lakhs - ₹29.4 Lakhs

Salary of majority employees

Fixed (91%)

₹17.3 Lakhs

Variable (9%)

₹1.7 Lakh

139% more than the average Software Developer Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 25 Jan 2025

Companies similar to Upstox for Software Developer

Company name	Avg Annual Salary	Open Jobs
Zerodha Software Developer Salary 0 - 3 years exp. (7 salaries)	₹7 L/yr - ₹19 L/yr 34% less
Angel One Software Developer Salary 1 - 8 years exp. (23 salaries)	₹15 L/yr - ₹33 L/yr 2% less
Login to view exact salary
Sharekhan Software Developer Salary 0 - 7 years exp. (13 salaries)	₹5.7 L/yr - ₹16 L/yr 28% less
Motilal Oswal Software Developer Salary 1 - 3 years exp. (7 salaries)	₹3 L/yr - ₹7.5 L/yr 79% less
Edelweiss Software Developer Salary 1 - 6 years exp. (33 salaries)	₹3.9 L/yr - ₹11.4 L/yr 52% less
HDFC Securities Software Developer Salary 3 - 4 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 49% less
Kotak Securities Software Developer Salary 1 - 3 years exp. (21 salaries)	₹10.2 L/yr - ₹17.5 L/yr 46% less
Axis Direct Software Developer Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹23.8 L/yr 32% less
5paisa Capital Ltd. Software Developer Salary 1 - 4 years exp. (27 salaries)	₹4.5 L/yr - ₹12.3 L/yr 63% less
Fiserv Software Developer Salary 1 - 9 years exp. (349 salaries)	₹9.2 L/yr - ₹21.8 L/yr 29% less	1 job opening
Insolutions Global Software Developer Salary 1 - 5 years exp. (148 salaries)	₹2 L/yr - ₹9 L/yr 70% less	2 job openings
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Broadridge Financial Solutions Software Developer Salary 0 - 5 years exp. (114 salaries)	₹3.2 L/yr - ₹10.9 L/yr 67% less
PayPal Software Developer Salary 0 - 7 years exp. (98 salaries)	₹11 L/yr - ₹37.6 L/yr 36% more
MasterCard Software Developer Salary 0 - 5 years exp. (83 salaries)	₹6.8 L/yr - ₹24 L/yr 14% less
Razorpay Software Developer Salary 0 - 4 years exp. (76 salaries)	₹7 L/yr - ₹26.4 L/yr 14% less
Visa Software Developer Salary 0 - 5 years exp. (53 salaries)	₹11.6 L/yr - ₹30.1 L/yr 10% more
HighRadius Software Developer Salary 1 - 4 years exp. (40 salaries)	₹6 L/yr - ₹16.8 L/yr 46% less
AGS Transact Technologies Software Developer Salary 0 - 6 years exp. (35 salaries)	₹2.5 L/yr - ₹8 L/yr 79% less
Saxo Bank Software Developer Salary 2 - 9 years exp. (34 salaries)	₹12 L/yr - ₹32 L/yr 18% more
Groww Software Developer Salary 0 - 4 years exp. (37 salaries)	₹10 L/yr - ₹29 L/yr 4% more

View all

Software Developer salary at Upstox ranges between ₹9.5 Lakhs to ₹29.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 12 latest salaries received from various employees of Upstox.

Experience wise Upstox Software Developer salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹14.6 L/yr - ₹31.9 L/yr
2 years (8 salaries)	₹9.5 L/yr - ₹27 L/yr
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3 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹29.4 L/yr

Similar Designation salaries in Upstox

Senior Software Developer Salary

(3 salaries)

₹35 L/yr - ₹60 L/yr

Software Engineer Salary

(14 salaries)

₹9 L/yr - ₹23 L/yr

Web Developer Salary

(3 salaries)

₹13 L/yr - ₹14.9 L/yr

Software Development Engineer Salary

(10 salaries)

₹15 L/yr - ₹28.6 L/yr

Lead Software Engineer Salary

(4 salaries)

₹44 L/yr - ₹53 L/yr

Senior Engineer Salary

(3 salaries)

₹26.5 L/yr - ₹56 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Software Engineer Salary

(21 salaries)

₹16 L/yr - ₹55 L/yr

Lead Engineer Salary

(5 salaries)

₹54.5 L/yr - ₹70 L/yr

Team Lead Salary

(11 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Salary related reviews for Upstox

3.5

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

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 my previous org.

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Upstox Software Developer Salary FAQs

What is the salary of Software Developer at Upstox?

Software Developer salary at Upstox in India ranges between ₹9.5 Lakhs to ₹29.4 Lakhs for experience between 1 years to 3 years. According to our estimates it is 139% more than the average Software Developer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Upstox India.

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

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

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

Navi Technologies Software Developer Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year
PayPal Software Developer Salary - ₹11.0 Lakhs to ₹37.6 Lakhs per year
Saxo Bank Software Developer Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
Visa Software Developer Salary - ₹11.6 Lakhs to ₹30.1 Lakhs per year
Rupeek Software Developer Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year

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

Groww Software Developer Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
ACKO Software Developer Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Angel One Software Developer Salary - ₹15.0 Lakhs to ₹33.0 Lakhs per year
PayU Payments Software Developer Salary - ₹8.8 Lakhs to ₹25.0 Lakhs per year
Razorpay Software Developer Salary - ₹7.0 Lakhs to ₹26.4 Lakhs per year

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

The estimated take-home salary of a Software Developer at Upstox ranges between ₹1,26,445 per month to ₹1,30,560 per month in India. The take-home salary calculation is based on the average Upstox Software Developer salary in India which ranges between ₹9.5 Lakhs to ₹29.4 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 Software Developer at Upstox?

According to AmbitionBox, 80% of the Upstox Software Developers reported a notice period of 2 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Upstox Software Developer Salaries

Upstox Software Developer salary in India ranges between ₹9.5 Lakhs to ₹29.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Upstox latest salaries received from various employees of Upstox.