PhonePe salaries in India

Latest PhonePe salary reports

• 

  PhonePe✓Verified data point

  Senior Android Engineer

  Bangalore · Senior (7-10) · 2026-02-16

  ₹91.00 LPA

  total

  ₹45.00 LPA base

  Breakdown

  I received an offer for a Senior Android Engineer role. The initial offer included: Base Salary: 43L ESOPs: 40L (25% vesting annually over 4 years) Joining Bonus: 3L Retention Bonus: 3L The initial total CTC was 89L with no performance bonus. After negotiation, my base salary was increased to 45L, resulting in a new total compensation of 91L. I have accepted this revised offer.

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  PhonePe✓Verified data point

  PSE

  Mid (2-6) · 2025-12-08

  ₹14.50 LPA

  total

  ₹12.00 LPA base

  Breakdown

  Salary: 12 Fixed, 1 JB, Few other variable Total compensation: ~ 14.5 LPA

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  PhonePe✓Verified data point

  Role not specified

  Mid (2-6) · 2025-11-17

  ₹44.00 LPA

  total

  ₹33.00 LPA base

  Breakdown

  My Years of Experience (YOE): 4. I received a job offer from Phonepe. The base salary component is 33 LPA. The offer includes 8 LPA in ESOPs. I am also offered a joining bonus of 3 LPA. I feel low-balled and confused about the offer. The strike price for ESOPs was not disclosed to me.

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  PhonePe✓Verified data point

  SDE I

  Pune · Mid (2-6) · 2025-10-19

  ₹28.75 LPA

  total

  ₹22.00 LPA base

  Breakdown

  I have a B.Tech from a Tier 2 college. My prior experience is SDE at an MNC. I have 1.5 years of experience. The offer is for a Software Engineer role at PhonePe in Pune. The offer includes a base salary of 22L, a signing bonus of 2L, and a stock bonus of 19L (25% vesting over 4 years).

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  PhonePe✓Verified data point

  SDE I

  Bangalore · Mid (2-6) · 2025-11-18

  ₹88.00 LPA

  total

  ₹60.00 LPA base

  Breakdown

  Date of Offer: Oct 2025 Role: Software Engineer (flat hierarchy) Base Salary: 60 LPA (58L + PF) Stocks: 80L ESOPs (25% each year, quarterly vesting from second year) Joining Bonus: 8L Retention Bonus: 8L (after 1 year) Relocation Bonus: 1.5L Total Compensation: 88LPA for 1st and 2nd year Negotiated once, first offer was 78L (had counter offer of 82L)

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  PhonePe✓Verified data point

  SDE I

  India · Mid (2-6) · 2025-10-25

  ₹55.50 LPA

  total

  ₹40.00 LPA base

  Breakdown

  Role: Software Engineer (3-5 Years) Fixed Salary: 40L INR Joining Bonus: 5L INR Retention Bonus: 3L INR ESOPS: 42L over 4 years (equal vesting)

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  PhonePe✓Verified data point

  Software Development Engineer (Android)

  Bangalore · Entry (0-1) · 2025-06-06

  ₹38.00 LPA

  total

  ₹28.00 LPA base

  Breakdown

  * Base Salary: 28L * Joining Bonus: 3L * Retention Bonus: 2L * Stock bonus: 28L ( 25% + 25% + 25% + 25%) (They are going IPO till next year) * Relocation: 30K * Benefits: 5L in academic wallet per year for upskilling and learning of employee

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  PhonePe✓Verified data point

  SDE I

  Pune · N/A · 2025-09-20

  ₹25.00 LPA

  total

  ₹20.00 LPA base

  Breakdown

  My education is from a Tier 2 College. I am a Fresher. I received this offer in July 2022. The offer includes a stock bonus of 19 lakhs vesting over 4 years. I also received a relocation and signing bonus of 5 lakhs, which includes hotel accommodation for 15 days and airfare. I accepted the offer.

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  PhonePe✓Verified data point

  Member of Pincode team

  Senior (7-10) · 2025-08-22

  ₹120.00 LPA

  total

  ₹80.00 LPA base

  Breakdown

  I have 10 years of experience. The offer from PhonePe has a total CTC of 1.2 Cr (120 LPA). The fixed salary component is 80 LPA. The offer includes a joining bonus of 10 LPA. ESOPs are valued at 1.2 Cr, vesting over 4 years (30 LPA for the first year). I am joining the PhonePe Pincode team. I currently work at Salesforce with a compensation of 94 LPA. I have Amazon in the pipeline.

• 

  PhonePe✓Verified data point

  Role not specified

  Mid (2-6) · 2025-06-12

  ₹33.00 LPA

  total

  ₹33.00 LPA base

  Breakdown

  * Base Salary: 33L * Job Bonus: 3L * ESOP: 35L over 4 years (25% each year)