Software Engineer compensation in India at PhonePe ranges from ₹2.86M per year for Software Engineer 1 to ₹7.38M per year for Senior Software Engineer. The median yearly compensation package in India totals ₹4.9M. View the base salary, stock, and bonus breakdowns for PhonePe's total compensation packages. Last updated: August 30, 2026
What is the highest Software Engineer salary at PhonePe in India?
The highest paying salary package reported for a Software Engineer at PhonePe in India sits at a yearly total compensation of ₹7,866,893. This includes base salary as well as any potential stock compensation and bonuses.
How much do PhonePe Software Engineer employees get paid in India?
The median yearly total compensation reported at PhonePe for the Software Engineer role in India is ₹4,388,863.
How can I negotiate a higher Software Engineer offer at PhonePe?
When negotiating your Software Engineer offer at PhonePe, leverage salary data to understand market rates, highlight your relevant experience, and consider all components of the compensation package. Levels.fyi's professional negotiators have helped candidates secure $50K+ more in total compensation.
What are the Software Engineer levels at PhonePe?
Levels.fyi has reported pay for 3 Software Engineer levels at PhonePe, from Software Engineer 1 (entry) up to Senior Software Engineer: Software Engineer 1, Software Engineer 2, Senior Software Engineer. Levels.fyi lists median pay for each of these levels.
What is the starting salary for a Software Engineer at PhonePe?
The entry level for Software Engineers at PhonePe is Software Engineer 1. Median total compensation at Software Engineer 1 is ₹2,861,851 per year in India.
What level is a Senior Software Engineer at PhonePe?
A Senior Software Engineer at PhonePe is level Senior Software Engineer. Median total compensation at Senior Software Engineer is ₹7,383,737 per year on Levels.fyi.
How many years of experience does a PhonePe Software Engineer 1 have?
Software Engineers at PhonePe Software Engineer 1 in India typically have 2–3 years of experience, based on salary submissions to Levels.fyi.
How many years of experience does a PhonePe Software Engineer 2 have?
Software Engineers at PhonePe Software Engineer 2 in India typically have 4–5 years of experience, based on salary submissions to Levels.fyi.
How accurate is Levels.fyi data?
Levels.fyi is the only major salary site that verifies submissions against real offer letters and W-2s. Every data point is self-reported by a professional and reviewed before publication, and medians update as new reports arrive. Figures were last updated August 30, 2026.
Does Levels.fyi help with salary negotiation?
Yes. Levels.fyi runs a 1:1 negotiation service staffed by experienced recruiters who have negotiated thousands of offers across all roles and levels. Details at https://www.levels.fyi/services/.
Where can I find Software Engineer jobs with salary data?
The Levels.fyi job board lists 70,000+ tech roles alongside verified compensation data, so you can see pay before you apply: https://www.levels.fyi/jobs.