Software Engineer compensation in India at PhonePe ranges from ₹2.88M per year for Software Engineer 1 to ₹6.82M per year for Senior Software Engineer. The median yearly compensation in India package totals ₹4.94M. View the base salary, stock, and bonus breakdowns for PhonePe's total compensation packages. Last updated: 1/18/2025
Level Name | Total | Base | Stock | Bonus |
---|---|---|---|---|
Software Engineer 1 | ₹2.88M | ₹2.38M | ₹501K | ₹0 |
Software Engineer 2 | ₹4.73M | ₹3.66M | ₹999K | ₹71.9K |
Senior Software Engineer | ₹6.82M | ₹5.64M | ₹1.14M | ₹46.7K |
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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)