Upstox Softwaretest Engineer Salaries by 4 Employees (Updated 2025)

2 - 3 years exp.

₹2.9 Lakhs - ₹8.6 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Softwaretest Engineer Salary in Financial Services Companies for 2 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Softwaretest Engineer Salary 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹8.6 L/yr
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BFSI, Investments & Trading Softwaretest Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 11 Jan 2025

Companies similar to Upstox for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
5paisa Capital Ltd. Softwaretest Engineer Salary 4 - 6 years exp. (6 salaries)	₹6.8 L/yr - ₹9.3 L/yr 59% more
Angel One Softwaretest Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹4.6 L/yr 44% less
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Kotak Securities Softwaretest Engineer Salary 0 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹11.4 L/yr 37% more
Sharekhan Softwaretest Engineer Salary 3 - 6 years exp. (6 salaries)	₹4 L/yr - ₹7 L/yr 41% more
HDFC Securities Softwaretest Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.8 L/yr - ₹5.5 L/yr 23% less
Edelweiss Softwaretest Engineer Salary 0 - 5 years exp. (11 salaries)	₹2.5 L/yr - ₹6.2 L/yr 10% less
Ocwen Financial Solutions Softwaretest Engineer Salary 3 - 5 years exp. (17 salaries)	₹6.2 L/yr - ₹8.9 L/yr 76% more
Sun Life Financial Softwaretest Engineer Salary 2 - 7 years exp. (12 salaries)	₹4.3 L/yr - ₹14.6 L/yr 95% more
Fidelity National Financial Softwaretest Engineer Salary 2 - 6 years exp. (12 salaries)	₹3.6 L/yr - ₹9.5 L/yr 12% more
Franklin Templeton Investments Softwaretest Engineer Salary 1 - 12 years exp. (9 salaries)	₹2 L/yr - ₹14.4 L/yr 81% more
TIAA Global Business Services Softwaretest Engineer Salary 3 - 7 years exp. (8 salaries)	₹6.3 L/yr - ₹22.2 L/yr 231% more
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Pine Labs Softwaretest Engineer Salary 3 - 5 years exp. (7 salaries)	₹6.2 L/yr - ₹15 L/yr 115% more
Synchrony Softwaretest Engineer Salary 2 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹12 L/yr 59% more
Morningstar Softwaretest Engineer Salary 3 years exp. (5 salaries)	₹4.8 L/yr - ₹12.5 L/yr 155% more
Mr Cooper Softwaretest Engineer Salary 0 - 5 years exp. (4 salaries)	₹7.5 L/yr - ₹11 L/yr 105% more
National Stock Exchange of India Softwaretest Engineer Salary 3 - 4 years exp. (4 salaries)	₹6.2 L/yr - ₹7.5 L/yr 53% more
Invesco Softwaretest Engineer Salary 0 - 4 years exp. (4 salaries)	₹9 L/yr - ₹20 L/yr 227% more
Fidelity International Softwaretest Engineer Salary 0 - 8 years exp. (3 salaries)	₹9 L/yr - ₹35 L/yr 356% more
CSC Softwaretest Engineer Salary 4 years exp. (3 salaries)	₹7 L/yr - ₹15 L/yr 143% more
Aadhar Housing Finance Softwaretest Engineer Salary 1 - 15 years exp. (3 salaries)	₹3 L/yr - ₹45 L/yr 470% more

View all

Softwaretest Engineer salary at Upstox ranges between ₹2.9 Lakhs to ₹8.6 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Upstox.

Experience wise Upstox Softwaretest Engineer salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.6 L/yr

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Principal Engineer Salary

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Sde1 Salary

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Salary related reviews for Upstox

2.0

Rated by 1 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

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Upstox Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Upstox ?

The average salary of a Softwaretest Engineer at Upstox in India typically ranges from ₹2.9 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Softwaretest Engineer at Upstox earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Softwaretest 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 4 Upstox employees in India.

What is the estimated take home salary of a Softwaretest Engineer at Upstox in India?

The estimated take-home salary of a Softwaretest Engineer at Upstox in India typically ranges from ₹32,626 to ₹33,901 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 2 years to 3 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 4 salaries received from various employees of Upstox. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Upstox for Softwaretest Engineer in India?

Aadhar Housing Finance	₹3.0 Lakhs to ₹45.0 Lakhs per year
Fidelity International	₹9.0 Lakhs to ₹35.0 Lakhs per year
TIAA Global Business Services	₹6.3 Lakhs to ₹22.2 Lakhs per year
Invesco	₹9.0 Lakhs to ₹20.0 Lakhs per year
Morningstar	₹4.8 Lakhs to ₹12.5 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 Softwaretest Engineer in companies similar to Upstox in India?

The salary of a Softwaretest Engineer at companies similar to Upstox in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Consero Global Solutions	₹10.0 Lakhs to ₹11.5 Lakhs per year
CSC	₹7.0 Lakhs to ₹15.0 Lakhs per year
Ameriprise Financial	₹5.0 Lakhs to ₹18.0 Lakhs per year
Pine Labs	₹6.2 Lakhs to ₹15.0 Lakhs per year
Mr Cooper	₹7.5 Lakhs to ₹11.0 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 Softwaretest Engineer at Upstox in India?

The salary growth for a Softwaretest Engineer at Upstox depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer can expect the following growth trajectory at Upstox:

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹8.6 Lakhs per year

and so on.

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Upstox Softwaretest Engineer Salaries

Upstox Softwaretest Engineer salary in India ranges between ₹2.9 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Upstox latest salaries received from various employees of Upstox.