Backend Software Engineer compensation in India at PhonePe ranges from ₹3.1M per year for Software Engineer 1 to ₹5.83M per year for Senior Software Engineer. The median yearly compensation in India package totals ₹4.46M. View the base salary, stock, and bonus breakdowns for PhonePe's total compensation packages. Last updated: 2/10/2025
Level Name | Total | Base | Stock () | Bonus |
---|---|---|---|---|
Software Engineer 1(Entry Level) | ₹3.1M | ₹2.41M | ₹631K | ₹57.4K |
Software Engineer 2 | ₹4.89M | ₹4.17M | ₹698K | ₹28K |
Senior Software Engineer | ₹5.83M | ₹4.79M | ₹996K | ₹50.6K |
Company Location | Date | Level Name Tag | Years of Experience Total / At Company | Total Compensation Base | Stock (yr) | Bonus |
---|---|---|---|
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25%
YR 1
25%
YR 2
25%
YR 3
25%
YR 4
At PhonePe, Options are subject to a 4-year vesting schedule:
25% vests in the 1st-year (25.00% annually)
25% vests in the 2nd-year (2.08% monthly)
25% vests in the 3rd-year (2.08% monthly)
25% vests in the 4th-year (2.08% monthly)