Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Upstox Team. If you also belong to the team, you can get access from here

Upstox Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Upstox Software Development Engineer salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹15 Lakhs - ₹28.6 Lakhs
Salary of majority employees
unlock blur
unlock blur

56% more than the average Software Development Engineer Salary in Financial Services Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 21 Mar 2025

Companies similar to Upstox for Software Development Engineer

Company name Avg Annual Salary Open Jobs
Logo
Groww Software Development Engineer Salary

0 - 4 years exp. (27 salaries)

unlock blur

₹17 L/yr - ₹39.5 L/yr

arrow icon 12% more
Logo
unlock blur

₹8.3 L/yr - ₹23.1 L/yr

arrow icon 33% less
unlock blur

₹10 L/yr - ₹14 L/yr

arrow icon 46% less
unlock blur

₹12 L/yr - ₹23 L/yr

arrow icon 18% less
unlock blur

₹13.5 L/yr - ₹16.4 L/yr

arrow icon 34% less
unlock blur

₹12.1 L/yr - ₹16 L/yr

arrow icon 33% less
Software Development Engineer salary at Upstox ranges between ₹15 Lakhs to ₹28.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Upstox.

Latest annual salaries shared by Upstox Software Development Engineer

2d ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
5 months exp.
7mo ago
avg blur mobile
2 years exp.
9mo ago
avg blur mobile
1 year exp.
10mo ago
avg blur mobile
1 year exp.
11mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
1 year exp.

Experience wise Upstox Software Development Engineer salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

unlock blur

₹15 L/yr - ₹34.6 L/yr
1 year  (3 salaries)

unlock blur

₹8.2 L/yr - ₹26 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹20 L/yr - ₹26 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹9.1 L/yr - ₹23 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹9.6 L/yr - ₹28.6 L/yr

Similar Designation salaries in Upstox

unlock blur
₹9.5 L/yr - ₹29.42 L/yr
unlock blur
₹9 L/yr - ₹23 L/yr
unlock blur
₹16 L/yr - ₹55 L/yr
System Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹5.9 L/yr - ₹7.5 L/yr
unlock blur
₹26.5 L/yr - ₹56 L/yr
unlock blur
₹44 L/yr - ₹53 L/yr
unlock blur
₹35 L/yr - ₹60 L/yr
Web Developer Salary
(3 salaries)
unlock blur
₹13 L/yr - ₹14.9 L/yr
Lead Engineer Salary
(5 salaries)
unlock blur
₹54.5 L/yr - ₹70 L/yr
unlock blur
₹4.95 L/yr - ₹10.45 L/yr

Top skills at Upstox for Software Development Engineer

Javascript genetics MongoDB MySQL Computer science Coding Oracle Backend Distribution System Production Support Android Front End Software Development Mobile Phones Web Designing

Salary related reviews for Upstox

3.0

Rated by 1 employees for salary & benefits

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • Job security - Excellent
  • +3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

read more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +5 more

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

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Upstox Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at Upstox ?
The average salary of a Software Development Engineer at Upstox in India typically ranges from ₹15.0 Lakhs to ₹28.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Development Engineer at Upstox earn more than ₹27.3 Lakhs per year, and the top 1% earn over ₹28.6 Lakhs per year. Software Development 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 10 Upstox employees in India.
What is the estimated take home salary of a Software Development Engineer at Upstox in India?
The estimated take-home salary of a Software Development Engineer at Upstox in India typically ranges from ₹1,40,268 to ₹1,45,474 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹28.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 10 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 Software Development Engineer at Upstox ?
To be a Software Development Engineer at Upstox in india, the key skills required include:

  • - Javascript
  • - genetics
  • - MongoDB
  • - MySQL
  • - Computer science

These skills are highly valued at Upstox and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Upstox for Software Development Engineer in India?
Groww ₹17.0 Lakhs to ₹39.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Upstox, depending on the role and experience level.
What is the salary of a Software Development Engineer in companies similar to Upstox in India?
The salary of a Software Development Engineer at companies similar to Upstox in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities ₹12.0 Lakhs to ₹23.0 Lakhs per year
Pine Labs ₹8.3 Lakhs to ₹23.1 Lakhs per year
TIAA Global Business Services ₹12.1 Lakhs to ₹16.0 Lakhs per year
Synchrony ₹13.5 Lakhs to ₹16.4 Lakhs per year
Morningstar ₹10.0 Lakhs to ₹14.0 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 Software Development Engineer at Upstox in India?
The salary growth for a Software Development Engineer at Upstox depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer can expect the following growth trajectory at Upstox:

Experience Average Salary Range
Fresher ₹15.0 Lakhs to ₹34.6 Lakhs per year
1 year ₹8.2 Lakhs to ₹26.0 Lakhs per year
2 years ₹20.0 Lakhs to ₹26.0 Lakhs per year
3 years ₹9.1 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

Upstox Software Development Engineer salary in India ranges between ₹15 Lakhs to ₹28.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Upstox latest salaries received from various employees of Upstox.