Backend Software Engineer compensation in India at CRED ranges from ₹3.11M per year for L3 to ₹8.83M per year for L6. The median yearly compensation package in India totals ₹6.39M. View the base salary, stock, and bonus breakdowns for CRED's total compensation packages. Last updated: 8/25/2026
Level Name | Total | Base | Stock () | Bonus |
|---|---|---|---|---|
L3(Entry Level) | ₹3.11M | ₹2.7M | ₹407K | ₹933.2 |
L4 | ₹6.45M | ₹5.25M | ₹1.2M | ₹0 |
L5 | ₹8.34M | ₹7.55M | ₹790K | ₹0 |
L6 | ₹8.83M | ₹8.83M | ₹0 | ₹0 |
Company Location | Date | Level Name Tag | Years of Experience Total / At Company | Total Compensation Base | Stock (yr) | Bonus |
|---|---|---|---|
10%
YR 1
20%
YR 2
30%
YR 3
40%
YR 4
At CRED, Options are subject to a 4-year vesting schedule:
10% vests in the 1st-YR (10.00% annually)
20% vests in the 2nd-YR (5.00% quarterly)
30% vests in the 3rd-YR (7.50% quarterly)
40% vests in the 4th-YR (10.00% quarterly)
25%
YR 1
25%
YR 2
25%
YR 3
25%
YR 4
At CRED, Options are subject to a 4-year vesting schedule:
25% vests in the 1st-YR (25.00% annually)
25% vests in the 2nd-YR (2.08% monthly)
25% vests in the 3rd-YR (2.08% monthly)
25% vests in the 4th-YR (2.08% monthly)
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