Upstox Software Developer Salaries by 10+ Employees (Updated 2024)

0 - 6 years exp.

₹9.5 Lakhs - ₹22 Lakhs

Salary of majority employees

92% more than the average Software Developer Salary in FinTech Companies for 0 - 6 years of experience

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Last Updated: 19 Nov 2024

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 22% less
Angel One Software Developer Salary 0 - 7 years exp. (25 salaries)	₹7.2 L/yr - ₹25 L/yr 1% more
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Sharekhan Software Developer Salary 0 - 8 years exp. (22 salaries)	₹3 L/yr - ₹13.3 L/yr 53% less
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HDFC Securities Software Developer Salary 3 - 4 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 39% less
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Axis Direct Software Developer Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹23.8 L/yr 19% less
5paisa Capital Ltd. Software Developer Salary 0 - 5 years exp. (32 salaries)	₹4 L/yr - ₹12 L/yr 48% less
Fiserv Software Developer Salary 1 - 9 years exp. (396 salaries)	₹9.4 L/yr - ₹21 L/yr 10% less	1 job opening
Insolutions Global Software Developer Salary 1 - 5 years exp. (146 salaries)	₹2 L/yr - ₹10.2 L/yr 65% less
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Broadridge Financial Solutions Software Developer Salary 0 - 5 years exp. (124 salaries)	₹2.6 L/yr - ₹12.1 L/yr 58% less
MasterCard Software Developer Salary 0 - 5 years exp. (103 salaries)	₹6.8 L/yr - ₹24 L/yr 5% more
PayPal Software Developer Salary 1 - 7 years exp. (116 salaries)	₹10 L/yr - ₹38 L/yr 40% more
Visa Software Developer Salary 0 - 3 years exp. (71 salaries)	₹12 L/yr - ₹40 L/yr 53% more
Razorpay Software Developer Salary 0 - 3 years exp. (60 salaries)	₹7 L/yr - ₹27 L/yr 3% less
Freecharge Software Developer Salary 1 - 3 years exp. (47 salaries)	₹6.8 L/yr - ₹17 L/yr 39% less
Mobikwik Software Developer Salary 0 - 5 years exp. (52 salaries)	₹7.6 L/yr - ₹28.1 L/yr 5% more
Groww Software Developer Salary 0 - 2 years exp. (43 salaries)	₹10 L/yr - ₹27 L/yr 17% more
PayU Payments Software Developer Salary 0 - 4 years exp. (48 salaries)	₹9.7 L/yr - ₹26 L/yr 2% more

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Software Developer salary at Upstox ranges between ₹9.5 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Upstox.

Experience wise Upstox Software Developer salaries

Last Updated: 19 Nov 2024

Experience	Avg Annual Salary
Fresher (8 salaries)	₹15 L/yr - ₹21 L/yr
1 year (AmbitionBox Estimate)	₹14.6 L/yr - ₹32.1 L/yr
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2 years (6 salaries)	₹9.5 L/yr - ₹22 L/yr
3 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹28.8 L/yr
4 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹27.1 L/yr
5 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
6 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹23.7 L/yr

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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

Senior Software Engineer Salary

(27 salaries)

₹16.7 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

Senior Associate Salary

(7 salaries)

₹2.5 L/yr - ₹8.5 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

Dislikes

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

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

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.

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.

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.

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹22.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 92% more than the average Software Developer Salary in India. Salary estimates are based on 19 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 92% 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?

Visa Software Developer Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
Saxo Bank Software Developer Salary - ₹12.2 Lakhs to ₹32.0 Lakhs per year
PayPal Software Developer Salary - ₹10.0 Lakhs to ₹38.0 Lakhs per year
Rupeek Software Developer Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Groww Software Developer Salary - ₹10.0 Lakhs to ₹27.0 Lakhs per year

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

MasterCard Software Developer Salary - ₹6.8 Lakhs to ₹24.0 Lakhs per year
Mobikwik Software Developer Salary - ₹7.6 Lakhs to ₹28.1 Lakhs per year
PayU Payments Software Developer Salary - ₹9.7 Lakhs to ₹26.0 Lakhs per year
BankBazaar Software Developer Salary - ₹10.4 Lakhs to ₹21.0 Lakhs per year
Angel One Software Developer Salary - ₹7.2 Lakhs to ₹25.0 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 ₹1,09,249 per month to ₹1,12,270 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 ₹22.0 Lakhs per year for employees with less than 1 year of experience to 6 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 ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Upstox latest salaries received from various employees of Upstox.