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Upstox Software Development Engineer II salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
2 - 5 years exp.
₹20 Lakhs - ₹38 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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12% less than the average Software Development Engineer II Salary in Financial Services Companies for 2 - 5 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Upstox for Software Development Engineer II in Bangalore / Bengaluru

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Upstox Software Development Engineer II Salary

2 - 5 years exp. (11 salaries)

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₹20 L/yr - ₹38 L/yr

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Company name Avg Annual Salary Open Jobs
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₹25 L/yr - ₹40 L/yr

arrow icon 15% more
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Amazon Software Development Engineer II Salary

2 - 10 years exp. (425 salaries)

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₹22 L/yr - ₹96 L/yr

arrow icon 108% more
89 job openings
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₹16 L/yr - ₹49.5 L/yr

arrow icon 24% more
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Tesco Software Development Engineer II Salary

4 - 15 years exp. (209 salaries)

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₹20.5 L/yr - ₹56 L/yr

arrow icon 69% more
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Amadeus Software Development Engineer II Salary

2 - 8 years exp. (177 salaries)

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₹12.8 L/yr - ₹29.4 L/yr

arrow icon 23% less
Software Development Engineer II salary at Upstox ranges between ₹20 Lakhs to ₹38 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 11 latest salaries received from various employees of Upstox.

Latest annual salaries shared by Upstox Software Development Engineer II in Bangalore / Bengaluru

1w ago
₹20 Lakhs
2 years exp.
1mo ago
₹22 Lakhs
3 years exp.
1mo ago
₹32 Lakhs
3 years exp.
1mo ago
₹21 Lakhs
2 years exp.
2mo ago
₹38 Lakhs
5 years exp.
4mo ago
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3 years exp.
8mo ago
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5 years exp.
9mo ago
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3 years exp.
9mo ago
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3 years exp.

Experience wise Upstox Software Development Engineer II salaries in Bangalore / Bengaluru

Last Updated: 22 Mar 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 (AmbitionBox Estimate)

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₹24.9 L/yr - ₹31.8 L/yr
5 years (AmbitionBox Estimate)

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₹27.7 L/yr - ₹35.4 L/yr

Similar Designation salaries in Upstox

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₹28 L/yr - ₹53 L/yr
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₹16.5 L/yr - ₹28.6 L/yr
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₹16.49 L/yr - ₹22.5 L/yr
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₹14.5 L/yr - ₹22.6 L/yr
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₹44 L/yr - ₹53 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

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 in Bangalore / Bengaluru?
The average salary of a Software Development Engineer II at Upstox in Bangalore / Bengaluru typically ranges from ₹20.0 Lakhs to ₹38.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Software Development Engineer II in Bangalore / Bengaluru at Upstox earn more than ₹34.4 Lakhs per year, and the top 1% earn over ₹38.0 Lakhs per year. Software Development Engineer II 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 II at Upstox in Bangalore / Bengaluru?
The estimated take-home salary of a Software Development Engineer II at Upstox in Bangalore / Bengaluru typically ranges from ₹1,64,457 to ₹1,70,756 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹38.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 II at Upstox in Bangalore / Bengaluru?
To be a Software Development Engineer II at Upstox in Bangalore / Bengaluru, the key skills required include:

  • - Software Development
  • - Computer science
  • - Data Structures
  • - MongoDB
  • - Java

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 II in India?
Amazon ₹22.0 Lakhs to ₹96.0 Lakhs per year
Tesco ₹20.5 Lakhs to ₹56.0 Lakhs per year
Flipkart ₹16.0 Lakhs to ₹49.5 Lakhs per year
Groww ₹25.0 Lakhs to ₹40.0 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 II in companies similar to Upstox in Bangalore / Bengaluru?
The salary of a Software Development Engineer II at companies similar to Upstox in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Amadeus ₹12.8 Lakhs to ₹29.4 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 II at Upstox in Bangalore / Bengaluru?
The salary growth for a Software Development Engineer II at Upstox in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer II in Bangalore / Bengaluru can expect the following growth trajectory at Upstox:

Experience Average Salary Range
2 years ₹20.0 Lakhs to ₹26.7 Lakhs per year
3 years ₹22.0 Lakhs to ₹32.0 Lakhs per year
4 years ₹24.9 Lakhs to ₹31.8 Lakhs per year
5 years ₹27.7 Lakhs to ₹35.4 Lakhs per year
and so on.

Tell us how to improve this page.

Upstox Software Development Engineer II salary in Bangalore / Bengaluru ranges between ₹20 Lakhs to ₹38 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Upstox latest salaries received from various employees of Upstox.