PhonePe Salary in India (2026)
Based on 3,372 salaries shared on Weekday · Updated Nov 2026
- Engineering median
- ₹32 LPA
- ≈ ₹1,95,000 in hand / month
- Engineering range (P25–P75)
- ₹22–43.5 L
- Middle 50% of engineers
- Engineers, 0–1 yr
- ₹25 LPA
- 37 salaries
- Engineers, 10+ years
- ₹45 LPA
- 159 salaries
Fixed pay (CTC excluding bonus and stock). Figures use 1,247 engineering salaries from all 3,372, after the top and bottom 5% are removed so typos don't skew them.
Engineering roles only (software, data, QA, DevOps and the like). Across all roles at PhonePe: ₹17 LPA median.
PhonePe salary at a glance
Engineers at PhonePe earn a median of ₹32 LPA fixed, with most between ₹22 and ₹43.5 LPA. Across all 3,372 salaries shared on Weekday, every role included, the median is ₹17 LPA. Engineering freshers start around ₹25 LPA and engineers past 10 years earn ₹45 LPA. Senior Software Engineer and Software Engineer are the best-paid titles with enough data.
PhonePe salary for freshers
Engineering roles · 0–1 year of experience · 37 salaries
₹25 LPA
Median · range ₹19–30 LPA- Most common fresher titles: Software Engineer, Sde
- In hand: about ₹1,60,000 a month at ₹25 LPA (calculate yours)
PhonePe salary by experience
Engineering roles · Median (black line) and middle 50% (yellow band), ₹ LPA
- 0–1 yrs37 salaries₹25 L₹19–30 L
- 2–3 yrs218 salaries₹24 L₹17.1–32 L
- 4–6 yrs522 salaries₹30 L₹21–39.8 L
- 7–9 yrs292 salaries₹40 L₹29–49.5 L
- 10+ yrs159 salaries₹45 L₹32–55 L
PhonePe salary by role
Job titles as people hold them, highest median first.
| Role | Median | Typical range | Salaries |
|---|---|---|---|
| PhonePe Senior Software Engineer salary | ₹43.5 L | ₹34.8–47.3 L | 76 |
| PhonePe Software Engineer salary | ₹30 L | ₹21–40 L | 659 |
| PhonePe Software Developer salary | ₹29.4 L | ₹17.8–38.5 L | 52 |
| Software Development Engineer | ₹28 L | ₹22–33 L | 23 |
| Software Engineer in Test | ₹21.4 L | ₹14.5–25 L | 28 |
| Business Analyst | ₹16 L | ₹12.3–20 L | 23 |
| Product Solution Engineer | ₹15.5 L | ₹10.9–19.3 L | 28 |
| Site Reliability Engineer | ₹15 L | ₹10–23 L | 29 |
| Cluster Manager | ₹11.1 L | ₹9.6–15.1 L | 26 |
| PhonePe Area Sales Manager salary | ₹8 L | ₹6–10 L | 68 |
| PhonePe Territory Sales Manager salary | ₹6.9 L | ₹5.6–8 L | 52 |
| Operations Analyst | ₹6.5 L | ₹5.7–7.6 L | 24 |
| PhonePe Business Development Executive salary | ₹4 L | ₹3.3–5.5 L | 41 |
| PhonePe Operations Associate salary | ₹3.9 L | ₹3.5–4.3 L | 32 |
| Premium Account Executive | ₹3.7 L | ₹3.5–4.6 L | 29 |
The 15 most reported titles with 5 or more salaries are shown. The other 972 titles still count in the totals above.
PhonePe Senior Software Engineer salary
Median ₹43.5 LPA · most earn ₹34.8–47.3 LPA · 76 salaries · Full Senior Software Engineer breakdown ›
| Experience | Fixed salary |
|---|---|
| 5 yrs | ₹10.5 L |
| 6 yrs | ₹44 L |
| 7 yrs | ₹53 L |
| 6 yrs | ₹14 L |
| 6 yrs | ₹42 L |
| 9 yrs | ₹5.2 L |
| 5 yrs | ₹32 L |
| 7 yrs | ₹45 L |
| 6 yrs | ₹44 L |
| 8 yrs | ₹50 L |
PhonePe Software Engineer salary
Median ₹30 LPA · most earn ₹21–40 LPA · 659 salaries · Full Software Engineer breakdown ›
| Experience | Fixed salary |
|---|---|
| 4 yrs | ₹34 L |
| 4 yrs | ₹10.3 L |
| 4 yrs | ₹50 L |
| 4 yrs | ₹33 L |
| 3 yrs | ₹35 L |
| 2 yrs | ₹24.8 L |
| 1 yr | ₹30 L |
| Not shared | ₹33 L |
| 7 yrs | ₹28 L |
| 2 yrs | ₹28 L |
PhonePe Software Developer salary
Median ₹29.4 LPA · most earn ₹17.8–38.5 LPA · 52 salaries · Full Software Developer breakdown ›
| Experience | Fixed salary |
|---|---|
| 3 yrs | ₹28 L |
| 2 yrs | ₹25.1 L |
| 1 yr | ₹20 L |
| 5 yrs | ₹11 L |
| 9 yrs | ₹35 L |
| 3 yrs | ₹18 L |
| 9 yrs | ₹5.4 L |
| 3 yrs | ₹17 L |
| 4 yrs | ₹35 L |
| Not shared | ₹33 L |
PhonePe Software Development Engineer salary
Median ₹28 LPA · most earn ₹22–33 LPA · 23 salaries
| Experience | Fixed salary |
|---|---|
| 3 yrs | ₹45 L |
| 4 yrs | ₹23 L |
| 6 yrs | ₹50 L |
| Not shared | ₹52 L |
| 5 yrs | ₹30 L |
| 5 yrs | ₹31 L |
| 2 yrs | ₹22 L |
| 6 yrs | ₹18 L |
| 3 yrs | ₹28 L |
| 3 yrs | ₹21 L |
PhonePe Software Engineer in Test salary
Median ₹21.4 LPA · most earn ₹14.5–25 LPA · 28 salaries
| Experience | Fixed salary |
|---|---|
| 12 yrs | ₹14.7 L |
| 5 yrs | ₹30 L |
| 11 yrs | ₹14.7 L |
| 12 yrs | ₹46 L |
| 5 yrs | ₹4.1 L |
| 5 yrs | ₹25 L |
| 1 yr | ₹21.7 L |
| 2 yrs | ₹10 L |
| 7 yrs | ₹20 L |
| Not shared | ₹25 L |
PhonePe Business Analyst salary
Median ₹16 LPA · most earn ₹12.3–20 LPA · 23 salaries
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹18 L |
| 5 yrs | ₹30 L |
| 5 yrs | ₹24 L |
| 3 yrs | ₹16 L |
| 4 yrs | ₹28 L |
| 5 yrs | ₹22 L |
| 5 yrs | ₹16.5 L |
| 5 yrs | ₹18 L |
| 4 yrs | ₹13 L |
| 5 yrs | ₹12.5 L |
PhonePe Product Solution Engineer salary
Median ₹15.5 LPA · most earn ₹10.9–19.3 LPA · 28 salaries (incl. "Product Solutions Engineer")
| Experience | Fixed salary |
|---|---|
| 3 yrs | ₹13.2 L |
| 6 yrs | ₹20 L |
| 7 yrs | ₹19 L |
| 4 yrs | ₹22 L |
| 4 yrs | ₹15 L |
| 5 yrs | ₹10.6 L |
| 10 yrs | ₹27.5 L |
| 3 yrs | ₹9 L |
| 7 yrs | ₹13.3 L |
| 6 yrs | ₹20 L |
PhonePe Site Reliability Engineer salary
Median ₹15 LPA · most earn ₹10–23 LPA · 29 salaries
| Experience | Fixed salary |
|---|---|
| 4 yrs | ₹5 L |
| 3 yrs | ₹12.6 L |
| 11 yrs | ₹21 L |
| 5 yrs | ₹10 L |
| 2 yrs | ₹16 L |
| 11 yrs | ₹28 L |
| 2 yrs | ₹10 L |
| 5 yrs | ₹19 L |
| 4 yrs | ₹17 L |
| 3 yrs | ₹13 L |
PhonePe Cluster Manager salary
Median ₹11.1 LPA · most earn ₹9.6–15.1 LPA · 26 salaries
| Experience | Fixed salary |
|---|---|
| 5 yrs | ₹17 L |
| 13 yrs | ₹12 L |
| 8 yrs | ₹11 L |
| 10 yrs | ₹15.1 L |
| 10 yrs | ₹9.5 L |
| 8 yrs | ₹17 L |
| 7 yrs | ₹16 L |
| 15 yrs | ₹13.3 L |
| 13 yrs | ₹6.5 L |
| 8 yrs | ₹10.5 L |
PhonePe Area Sales Manager salary
Median ₹8 LPA · most earn ₹6–10 LPA · 68 salaries · Full Area Sales Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹8.8 L |
| 7 yrs | ₹7.6 L |
| 12 yrs | ₹11 L |
| 5 yrs | ₹8.5 L |
| 10 yrs | ₹10 L |
| 8 yrs | ₹10 L |
| 8 yrs | ₹11 L |
| 5 yrs | ₹9 L |
| 10 yrs | ₹11 L |
| 0 yrs | ₹7.8 L |
PhonePe Territory Sales Manager salary
Median ₹6.9 LPA · most earn ₹5.6–8 LPA · 52 salaries · Full Territory Sales Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 12 yrs | ₹7 L |
| 8 yrs | ₹8.1 L |
| 5 yrs | ₹8.4 L |
| 7 yrs | ₹7.5 L |
| Not shared | ₹8 L |
| 4 yrs | ₹9.5 L |
| 7 yrs | ₹5.5 L |
| 6 yrs | ₹8 L |
| 8 yrs | ₹5.5 L |
| 2 yrs | ₹9.5 L |
PhonePe Operations Analyst salary
Median ₹6.5 LPA · most earn ₹5.7–7.6 LPA · 24 salaries (incl. "Operation Analyst")
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹4.7 L |
| 3 yrs | ₹5.3 L |
| 3 yrs | ₹5.5 L |
| 3 yrs | ₹6 L |
| 4 yrs | ₹5.8 L |
| 11 yrs | ₹7 L |
| 2 yrs | ₹6 L |
| 5 yrs | ₹6.8 L |
| 6 yrs | ₹12.5 L |
| 4 yrs | ₹9 L |
PhonePe Business Development Executive salary
Median ₹4 LPA · most earn ₹3.3–5.5 LPA · 41 salaries · Full Business Development Executive breakdown ›
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹3 L |
| 1 yr | ₹3 L |
| 1 yr | ₹3.2 L |
| 4 yrs | ₹5.5 L |
| 1 yr | ₹3.2 L |
| 4 yrs | ₹5.5 L |
| 9 yrs | ₹4.5 L |
| 5 yrs | ₹3.6 L |
| 0 yrs | ₹18 L |
| 1 yr | ₹3.6 L |
PhonePe Operations Associate salary
Median ₹3.9 LPA · most earn ₹3.5–4.3 LPA · 32 salaries (incl. "Operation Associate") · Full Operations Associate breakdown ›
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹4.5 L |
| 1 yr | ₹3.5 L |
| 4 yrs | ₹4.9 L |
| 3 yrs | ₹4.5 L |
| 5 yrs | ₹4.2 L |
| 1 yr | ₹3.8 L |
| 1 yr | ₹3 L |
| 1 yr | ₹3.9 L |
| 0 yrs | ₹4.5 L |
| 1 yr | ₹3.9 L |
Work culture at PhonePe
From 1 anonymous review by someone at PhonePe · Weekday culture survey
- Typical workday
- 4–6 hrs
- per day, as reported
- Weekend / after-hours work
- Never
- typical answer
- Appraisals
- 5–10% hikes
- typical yearly hike
- Leaves you actually get
- 27 / yr
- median · 5 interview rounds
| Submitted | Hours / day | Weekend work | Appraisal | Leaves / yr | Interview rounds | Rude manager? |
|---|---|---|---|---|---|---|
| Feb 2024 | 4–6 hrs | Never | 5–10% hikes | 27 | 5 | Never |
- Feb 2024Work 4–6 hrs a dayWeekends: neverAppraisals: 5–10% hikesRude manager: never27 leaves a year · 5 interview rounds
Only 1 review so far, so treat this as one person's experience, not the full picture. Pay figures above come from 3,372 salaries; culture comes from a separate anonymous survey.
PhonePe vs similar companies
Engineers' median at 2–3 years of experience, so companies are compared like for like
PhonePe salary FAQs
What is the average salary at PhonePe?
Engineers at PhonePe earn a median fixed salary of ₹32 LPA, and the middle half earn ₹22–43.5 LPA. Across every role — 3,372 salaries shared on Weekday — the median is ₹17 LPA.
What is the PhonePe salary for freshers?
Engineering freshers (0–1 years) at PhonePe earn a median of ₹25 LPA, and most get ₹19–30 LPA, most often as Software Engineer or Sde. That is about ₹1,60,000 a month in hand.
Which role pays the most at PhonePe?
Among titles with enough salaries, Senior Software Engineer (₹43.5 LPA median) and Software Engineer (₹30 LPA) are the best paid at PhonePe.
How much does a PhonePe employee earn after 5 years?
Engineers with 4–6 years of experience earn a median of ₹30 LPA, and most earn ₹21–39.8 LPA. Engineering freshers start at ₹25 LPA.
What does PhonePe pay with 10+ years of experience?
Engineers with more than 10 years at PhonePe earn a median of ₹45 LPA, most between ₹32–55 LPA.
Does PhonePe pay more than Flipkart?
For engineers at 2–3 years of experience, Flipkart pays 37% less: ₹15 LPA median against ₹24 LPA at PhonePe. Comparing the same roles at the same experience keeps it like for like.
Are these PhonePe salaries CTC or in-hand?
They are fixed CTC a year, before PF and tax, without bonus or stock. At the ₹32 LPA engineering median, take-home is about ₹1,95,000 a month under the new tax regime.
Jobs at PhonePe and similar companies
Live roles at PhonePe first, then at companies like it.
Junior Area Sales Manager - Kanker
PhonePe · RaipurSenior System Engineer
PhonePe · Mumbai · 3+ yearsServer Administratior Engineer 2
PhonePe · BangaloreSite Reliability Engineer - On-Prem (4 to 8 Years)
PhonePe · BangaloreSoftware Engineer : iOS
PhonePe · Bangalore · 4–7 yearsProduct Manager
PhonePe · Bangalore · 2+ years
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