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Upstox Software Development Engineer II salaries in India (Updated 2025)

Annual salary range
2 - 5 years exp.
₹20 Lakhs - ₹43 Lakhs
Salary of majority employees
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Fixed (90%)
₹24 Lakhs
Variable (10%)
₹2.7 Lakhs
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At par with the average Software Development Engineer II Salary in Financial Services Companies for 2 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 26 Feb 2025

Companies similar to Upstox for Software Development Engineer II

Company name Avg Annual Salary Open Jobs
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₹15 L/yr - ₹44.5 L/yr

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Groww Software Development Engineer II Salary

2 - 4 years exp. (13 salaries)

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₹23 L/yr - ₹40 L/yr

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₹8.1 L/yr - ₹13 L/yr

arrow icon 62% less
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₹16 L/yr - ₹20.4 L/yr

arrow icon 30% less
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₹10 L/yr - ₹24 L/yr

arrow icon 37% less

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Software Development Engineer II salary at Upstox ranges between ₹20 Lakhs to ₹43 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 19 latest salaries received from various employees of Upstox.

Latest annual salaries shared by Upstox Software Development Engineer II

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Experience wise Upstox Software Development Engineer II salaries

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹20 L/yr - ₹26.7 L/yr
3 years  (6 salaries)

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₹22 L/yr - ₹32 L/yr
4 years  (4 salaries)

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₹27.5 L/yr - ₹43 L/yr
5 years  (6 salaries)

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₹27.5 L/yr - ₹43 L/yr

Similar Designation salaries in Upstox

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₹15 L/yr - ₹28.6 L/yr
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₹9.5 L/yr - ₹29.42 L/yr
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₹9 L/yr - ₹23 L/yr
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₹16 L/yr - ₹55 L/yr
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₹6 L/yr - ₹12.5 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹26.5 L/yr - ₹56 L/yr
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₹44 L/yr - ₹53 L/yr
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₹35 L/yr - ₹60 L/yr
Web Developer Salary
(3 salaries)
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₹13 L/yr - ₹14.9 L/yr

Top skills at Upstox for Software Development Engineer II

Software Development Computer science Data Structures MongoDB Java Spring Framework Android Javascript React Native LAN Networking Algorithms Backend Javascript HTML Software Design
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Salary related reviews for Upstox

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

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Upstox Software Development Engineer II Salary FAQs

What is the salary of Software Development Engineer II at Upstox?
Software Development Engineer II salary at Upstox in India ranges between ₹20.0 Lakhs to ₹43.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 1% less than the average Software Development Engineer II 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 Development Engineer II at Upstox India compare with the average salary range for this job?
The average salary of a Software Development Engineer II at Upstox is 1% less than the average salary of a Software Development Engineer II in India. To know exact salary insights, login to view.
What are the top skills required to work as a Software Development Engineer II at Upstox?
Software Development, Computer science, Data Structures, MongoDB and Java are some of the popular skills required to work as a Software Development Engineer II at Upstox India.
Which similar companies are paying more than Upstox to a Software Development Engineer II in India?
  • Groww Software Development Engineer II Salary - ₹23.0 Lakhs to ₹40.0 Lakhs per year
What is the salary of a Software Development Engineer II in companies similar to Upstox in India?
  • Angel One Software Development Engineer II Salary - ₹15.0 Lakhs to ₹44.5 Lakhs per year
  • Synchrony Software Development Engineer II Salary - ₹16.0 Lakhs to ₹20.4 Lakhs per year
  • Macquarie Group Software Development Engineer II Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
  • Mr Cooper Software Development Engineer II Salary - ₹8.1 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Software Development Engineer II at Upstox in India?
The estimated take-home salary of a Software Development Engineer II at Upstox ranges between ₹1,67,217 per month to ₹1,73,642 per month in India. The take-home salary calculation is based on the average Upstox Software Development Engineer II salary in India which ranges between ₹20.0 Lakhs to ₹43.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Software Development Engineer II at Upstox?
According to AmbitionBox, 81% of the Upstox Software Development Engineer IIs reported a notice period of 2 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Upstox Software Development Engineer II salary in India ranges between ₹20 Lakhs to ₹43 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Upstox latest salaries received from various employees of Upstox.

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