Razorpay✓Verified data point
SDE III
Senior (7-10) · 2026-05-31
Breakdown
8 years of experience Current compensation: 44 LPA base + 32 LPA ESOP (over 4 years) Razorpay offer: 52 LPA base + 40 LPA ESOP (over 4 years)
16 salary reports · all figures in lakhs per year (LPA)
What Razorpay pays, from offers people actually received: by role, experience and city. Medians are used so a few unusual offers do not skew the picture.
| Group | Median total | Middle 50% | Median base | Reports |
|---|---|---|---|---|
| SDE II | ₹38.3 LPA | ₹37.3 LPA – ₹40.4 LPA | ₹34.0 LPA | 6 |
| SDE III | ₹84.5 LPA | ₹80.8 LPA – ₹88.3 LPA | ₹56.0 LPA | 2 |
| SDE I | ₹30.0 LPA | ₹23.5 LPA – ₹36.5 LPA | ₹17.5 LPA | 2 |
| Group | Median total | Middle 50% | Median base | Reports |
|---|---|---|---|---|
| Entry (0-1) | ₹17.0 LPA | ₹17.0 LPA – ₹17.0 LPA | ₹11.8 LPA | 2 |
| Mid (2-6) | ₹38.8 LPA | ₹37.3 LPA – ₹45.9 LPA | ₹34.0 LPA | 10 |
| Senior (7-10) | ₹85.4 LPA | ₹82.1 LPA – ₹88.7 LPA | ₹57.5 LPA | 2 |
| Group | Median total | Middle 50% | Median base | Reports |
|---|---|---|---|---|
| Bangalore | ₹38.5 LPA | ₹36.5 LPA – ₹47.5 LPA | ₹33.5 LPA | 14 |
SDE III
Senior (7-10) · 2026-05-31
8 years of experience Current compensation: 44 LPA base + 32 LPA ESOP (over 4 years) Razorpay offer: 52 LPA base + 40 LPA ESOP (over 4 years)
SDE III
Bangalore · Mid (2-6) · 2025-11-18
Role: Lead Software Engineer Base Salary: 60 LPA (including PF and gratuity) Stocks: 60L ESOPs (25% each year, quarterly vesting from second year) Joining Bonus: 2L Retention Bonus: 2L (after 1 year) Relocation Bonus: 0.5L Total Compensation (1st year): 77 LPA
SDE II
Bangalore · Mid (2-6) · 2025-10-04
My role offered is SDE-2 at Razorpay. The job location is Bangalore. My joining date is October 2025. The fixed component of my compensation is ₹34,00,000. ESOPs offered are ₹18,00,000, vested over 4 years. My total CTC for the first year is ~₹38,50,000, which includes pro-rated ESOPs. HR mentioned budget constraints and that packages were kept conservative as the company is going for an IPO in 1–2 years. Personally, I feel this offer might be lowballed compared to market standards.
SDE I
India · N/A · 2025-09-05
Role: SDE-1 Total CTC: 43 LPA Base Pay: 20 LPA Joining Bonus: 3 LPA ESOPs: 20 LPA (vested over 4 years) Other perks: Medical insurance, food, travel allowance I received a performance-based PPO from my previous internship there.
Frontend Engineer
Bangalore · Mid (2-6) · 2025-02-09
Offer Date: January 2025 Work Arrangement: 3 days Work From Office Relocation Benefits: ₹50,000 for moving goods, one-way flight ticket, and 15 days stay. Stock Bonus: ₹12 Lakhs worth of ESOPs vested over 4 years. Other Benefits: ₹ 1 Lakhs (medical, gratuity, pf) Concerns: The candidate is hesitant to switch due to excellent work-life balance at the current job but is also concerned about missing an opportunity at a well-regarded comp…
SDE II
Bangalore · Mid (2-6) · 2025-04-19
Product Developer Engineer - 1
Bangalore · Entry (0-1) · 2024-06-21
Received an offer from Razorpay for the position PDE 1 with a hike of around 40-45%. Expected to work from office twice a week.
FrontEnd Engineer
Bangalore · N/A · 2024-07-24
Frontend Engineer at RazorPay Base: ₹13L CTC: ₹14L ESOPs: ₹10L, vested over 4 years Benefits: one-way flight ticket, 15 day stay, moving of goods
Engineering Manager
Bangalore · Senior (7-10) · 2024-08-21
Education: BE in Computer Science Years of Experience: 8 Years 5 Months Current Company : FinTech Product Current Location: Noida Current compensation: 44.50 LPA fixed + ESOPs (15 Lakhs as per current value) Date of offer: August, 2024 Company: Razorpay Title: Engineering Manager Location: Bangalore, India Base: 63 LPA (cash) + 1.8 (PF , Gratuity , Insurance) LPA Joining bonus: 3 Lakhs Anual bonus: NA Stocks: 55 Lakhs over 4 years Total first year comp: ~78.75 LPA Relocation Benefits - 50000 + One way flights for family + 15 Days Accomodation…
Senior Software Engineer (SDE-2)
Bangalore · Mid (2-6) · 2024-10-26
Years of Experience: 3.3 yrs Current Experience: SDE 2(fintech unicorn) Current salary: 29.5 LPA (fix) + 2.9 LPA (based on performance) + 2.3 LPA esops / year Date: Oct Company: Razorpay Title/Level: Senior Software Engineer (SDE-2) Location: Bangalore Salary: 38.8 LPA (fix) + 21k / year (pf) + 1 Lac (gratuity and insurance) + 30 LPA ESOP (vested over 4 years) Variable pay: 0 Total comp (Salary + Bonus): 39 LPA per year + 7.5 LPA esops **Reason for change:** Toxicity in team and not good work only maintenance work </…
Across 16 reports, the median total compensation at Razorpay is ₹39.0 LPA a year, with a median base salary of ₹33.5 LPA. The middle half of reports fall between ₹36.8 LPA and ₹49.8 LPA.
6 SDE II reports put the median total compensation at ₹38.3 LPA and the median base at ₹34.0 LPA.
2 SDE III reports put the median total compensation at ₹84.5 LPA and the median base at ₹56.0 LPA.
2 SDE I reports put the median total compensation at ₹30.0 LPA and the median base at ₹17.5 LPA.
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