16 salary reports · all figures in lakhs per year (LPA)

Razorpay salaries in India

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.

Median total compensation
₹39.0 LPA
Median base salary
₹33.5 LPA
Middle 50% of total pay
₹36.8 LPA – ₹49.8 LPA

Razorpay salary by role

Razorpay salary by role
GroupMedian totalMiddle 50%Median baseReports
SDE II₹38.3 LPA₹37.3 LPA – ₹40.4 LPA₹34.0 LPA6
SDE III₹84.5 LPA₹80.8 LPA – ₹88.3 LPA₹56.0 LPA2
SDE I₹30.0 LPA₹23.5 LPA – ₹36.5 LPA₹17.5 LPA2

Razorpay salary by experience

Razorpay salary by years of experience
GroupMedian totalMiddle 50%Median baseReports
Entry (0-1)₹17.0 LPA₹17.0 LPA – ₹17.0 LPA₹11.8 LPA2
Mid (2-6)₹38.8 LPA₹37.3 LPA – ₹45.9 LPA₹34.0 LPA10
Senior (7-10)₹85.4 LPA₹82.1 LPA – ₹88.7 LPA₹57.5 LPA2

Razorpay salary by city

Razorpay salary by city
GroupMedian totalMiddle 50%Median baseReports
Bangalore₹38.5 LPA₹36.5 LPA – ₹47.5 LPA₹33.5 LPA14

Latest Razorpay salary reports

  • Razorpay logo

    Razorpay✓Verified data point

    SDE III

    Senior (7-10) · 2026-05-31

    ₹92.00 LPA
    total
    ₹52.00 LPA base
    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)

  • RazorPay logo

    RazorPay✓Verified data point

    SDE III

    Bangalore · Mid (2-6) · 2025-11-18

    ₹77.00 LPA
    total
    ₹60.00 LPA base
    Breakdown

    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

  • Razorpay logo

    Razorpay✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2025-10-04

    ₹38.50 LPA
    total
    ₹34.00 LPA base
    Breakdown

    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.

  • Razorpay logo

    Razorpay✓Verified data point

    SDE I

    India · N/A · 2025-09-05

    ₹43.00 LPA
    total
    ₹20.00 LPA base
    Breakdown

    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.

  • Razorpay logo

    Razorpay✓Verified data point

    Frontend Engineer

    Bangalore · Mid (2-6) · 2025-02-09

    ₹19.00 LPA
    total
    ₹15.00 LPA base
    Breakdown

    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…

  • Razorpay logo

    Razorpay✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2025-04-19

    ₹36.50 LPA
    total
    ₹33.00 LPA base
  • Razorpay logo

    Razorpay✓Verified data point

    Product Developer Engineer - 1

    Bangalore · Entry (0-1) · 2024-06-21

    —
    total
    ₹8.56 LPA base
    Breakdown

    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.

  • RazorPay logo

    RazorPay✓Verified data point

    FrontEnd Engineer

    Bangalore · N/A · 2024-07-24

    ₹14.00 LPA
    total
    ₹13.00 LPA base
    Breakdown

    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

  • Razorpay logo

    Razorpay✓Verified data point

    Engineering Manager

    Bangalore · Senior (7-10) · 2024-08-21

    ₹78.75 LPA
    total
    ₹63.00 LPA base
    Breakdown

    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…

  • Razorpay logo

    Razorpay✓Verified data point

    Senior Software Engineer (SDE-2)

    Bangalore · Mid (2-6) · 2024-10-26

    ₹39.00 LPA
    total
    ₹38.80 LPA base
    Breakdown

    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 </…

See every Razorpay salary report

Razorpay salary FAQ

What is the average salary at Razorpay?

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.

What is the Razorpay SDE II salary?

6 SDE II reports put the median total compensation at ₹38.3 LPA and the median base at ₹34.0 LPA.

What is the Razorpay SDE III salary?

2 SDE III reports put the median total compensation at ₹84.5 LPA and the median base at ₹56.0 LPA.

What is the Razorpay SDE I salary?

2 SDE I reports put the median total compensation at ₹30.0 LPA and the median base at ₹17.5 LPA.

Got a Razorpay offer?

Add it anonymously. It makes the next negotiation fairer for someone else.

Share your salary