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CRED Backend Software Engineer Salaries

Backend Software Engineer compensation in India at CRED ranges from ₹3.22M per year for L3 to ₹7.58M per year for L5. The median compensation in India package totals ₹4.75M. View the base salary, stock, and bonus breakdowns for CRED's total compensation packages. Last updated: 11/17/2024

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock (/yr)
Bonus
L3
(Entry Level)
₹3.2M
₹2.72M
₹448K
₹25.4K
L4
₹5.38M
₹3.89M
₹1.49M
₹0
L5
₹7.58M
₹6.82M
₹762K
₹0
L6
₹ --
₹ --
₹ --
₹ --
View 1 More Levels

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Vesting Schedule

10%

YR 1

20%

YR 2

30%

YR 3

40%

YR 4

Stock Type
Options

At CRED, Options are subject to a 4-year vesting schedule:

  • 10% vests in the 1st-year (10.00% annually)

  • 20% vests in the 2nd-year (5.00% quarterly)

  • 30% vests in the 3rd-year (7.50% quarterly)

  • 40% vests in the 4th-year (10.00% quarterly)

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
Options

At CRED, 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)



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FAQ

The highest paying salary package reported for a Backend Software Engineer at CRED in India sits at a yearly total compensation of ₹9,385,625. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at CRED for the Backend Software Engineer role in India is ₹3,795,573.

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