Upstox Software Engineer2 Salaries by 4 Employees (Updated 2025)

1 - 8 years exp.

₹31.5 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

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63% more than the average Software Engineer2 Salary in Financial Services Companies for 1 - 8 years of experience

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Last Updated: 9 Feb 2025

Companies similar to Upstox for Software Engineer2

Company name	Avg Annual Salary	Open Jobs
Groww Software Engineer2 Salary 2 - 4 years exp. (5 salaries)	Unlock ₹16.6 L/yr - ₹34 L/yr 9% less
Angel One Software Engineer2 Salary 1 - 4 years exp. (5 salaries)	Unlock ₹25 L/yr - ₹37 L/yr 7% less
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PayPal Software Engineer2 Salary 2 - 7 years exp. (305 salaries)	Unlock ₹15 L/yr - ₹45 L/yr 9% less	4 job openings
MasterCard Software Engineer2 Salary 2 - 8 years exp. (261 salaries)	Unlock ₹9.6 L/yr - ₹30 L/yr 40% less
HighRadius Software Engineer2 Salary 3 - 6 years exp. (57 salaries)	Unlock ₹12 L/yr - ₹20 L/yr 50% less
Razorpay Software Engineer2 Salary 1 - 7 years exp. (8 salaries)	Unlock ₹10.9 L/yr - ₹30 L/yr 37% less
ACKO Software Engineer2 Salary 4 - 5 years exp. (6 salaries)	Unlock ₹25 L/yr - ₹45 L/yr 18% more
Intercontinental Exchange Software Engineer2 Salary 2 - 6 years exp. (7 salaries)	Unlock ₹6.2 L/yr - ₹22.6 L/yr 60% less
PayU Payments Software Engineer2 Salary 2 - 3 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹22 L/yr 42% less
Navi Technologies Software Engineer2 Salary 2 - 5 years exp. (5 salaries)	Unlock ₹33 L/yr - ₹42 L/yr 17% more
Fiserv Software Engineer2 Salary 2 - 3 years exp. (3 salaries)	Unlock ₹16 L/yr - ₹24 L/yr 34% less
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Software Engineer2 salary at Upstox ranges between ₹31.5 Lakhs to ₹33 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Upstox.

Experience wise Upstox Software Engineer2 salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹12.7 L/yr - ₹32 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹28.5 L/yr - ₹36.4 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹12.6 L/yr - ₹33 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹28.4 L/yr - ₹36.3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹31.5 L/yr - ₹56.7 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹28.3 L/yr - ₹36.1 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹28.2 L/yr - ₹36.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹31.5 L/yr

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Salary related reviews for Upstox

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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Upstox Software Engineer2 Salary FAQs

What is the salary of Software Engineer2 at Upstox?

Software Engineer2 salary at Upstox in India ranges between ₹31.5 Lakhs to ₹33.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 63% more than the average Software Engineer2 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Upstox India.

How does the salary of a Software Engineer2 at Upstox India compare with the average salary range for this job?

The average salary of a Software Engineer2 at Upstox is 63% more than the average salary of a Software Engineer2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Upstox to a Software Engineer2 in India?

ACKO Software Engineer2 Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
Navi Technologies Software Engineer2 Salary - ₹33.0 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Software Engineer2 in companies similar to Upstox in India?

Angel One Software Engineer2 Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
Groww Software Engineer2 Salary - ₹16.6 Lakhs to ₹34.0 Lakhs per year
PayPal Software Engineer2 Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
Fiserv Software Engineer2 Salary - ₹16.0 Lakhs to ₹24.0 Lakhs per year
Razorpay Software Engineer2 Salary - ₹10.9 Lakhs to ₹30.0 Lakhs per year

What is the estimated take home salary of a Software Engineer2 at Upstox in India?

The estimated take-home salary of a Software Engineer2 at Upstox ranges between ₹1,93,065 per month to ₹2,00,658 per month in India. The take-home salary calculation is based on the average Upstox Software Engineer2 salary in India which ranges between ₹31.5 Lakhs to ₹33.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer2 at Upstox?

According to AmbitionBox, 71% of the Upstox Software Engineer2s reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Upstox Software Engineer2 Salaries

Upstox Software Engineer2 salary in India ranges between ₹31.5 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Upstox latest salaries received from various employees of Upstox.