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PhonePe Software Development Engineer Test salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹7 Lakhs - ₹28 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Software Development Engineer Test Salary at PhonePe ranges between ₹7 Lakhs to ₹28 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received... Read more

52% more than the average Software Development Engineer Test Salary in FinTech Companies for 1 - 7 years of experience

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Last Updated: 20 Jul 2025

Companies similar to PhonePe for Software Development Engineer Test

Company name Avg Annual Salary Open Jobs
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₹9.9 L/yr - ₹17 L/yr

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₹7.4 L/yr - ₹15.9 L/yr

arrow icon 39% less
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FIS Software Development Engineer Test Salary

2 - 8 years exp. (10 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 23% less
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₹8 L/yr - ₹10 L/yr

arrow icon 53% less
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₹5.3 L/yr - ₹12.6 L/yr

arrow icon 52% less
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₹9 L/yr - ₹15 L/yr

arrow icon 35% less
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₹10.8 L/yr - ₹50 L/yr

arrow icon 77% more
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₹13.2 L/yr - ₹34 L/yr

arrow icon 16% more
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₹11 L/yr - ₹16 L/yr

arrow icon 31% less

Latest annual salaries shared by PhonePe Software Development Engineer Test

6d ago
₹20 Lakhs
4 years exp.
7mo ago
₹9.4 Lakhs
1 year exp.
9mo ago
₹20 Lakhs
3 years exp.

PhonePe Software Development Engineer Test salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹7 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr
3 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr
4 years  (3 salaries)

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₹14.3 L/yr - ₹26.7 L/yr
5 years (AmbitionBox Estimate)

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₹20.8 L/yr - ₹26.6 L/yr
View all salaries by experience

Similar Designation Salaries at PhonePe

Similar Designation Avg. annual salary
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₹7 L/yr - ₹14.9 L/yr

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₹6.1 L/yr - ₹17.5 L/yr

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₹8 L/yr - ₹17 L/yr

Sdet Salary
(8 salaries)
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₹14 L/yr - ₹23 L/yr

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₹12.6 L/yr - ₹23 L/yr

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₹4.2 L/yr - ₹9 L/yr

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₹5 L/yr - ₹15.4 L/yr

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₹10.5 L/yr - ₹31 L/yr

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₹8.6 L/yr - ₹9.3 L/yr

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₹4 L/yr - ₹5 L/yr

View more similar designations

Top trending discussions

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Salary Discussions
1w
a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?
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PhonePe Software Development Engineer Test Salary FAQs

What is the salary of Software Development Engineer Test at PhonePe ?
The average salary of a Software Development Engineer Test at PhonePe in India typically ranges from ₹7.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Software Development Engineer Test at PhonePe earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Software Development Engineer Test Salaries at PhonePe can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 PhonePe employees in India.
What is the estimated take home salary of a Software Development Engineer Test at PhonePe in India?
The estimated take-home salary of a Software Development Engineer Test at PhonePe in India typically ranges from ₹1,24,380 to ₹1,28,220 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of PhonePe. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than PhonePe for Software Development Engineer Test in India?
Slice ₹10.8 Lakhs to ₹50.0 Lakhs per year
ACKO ₹13.2 Lakhs to ₹34.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PhonePe, depending on the role and experience level.
What is the salary of a Software Development Engineer Test in companies similar to PhonePe in India?
The salary of a Software Development Engineer Test at companies similar to PhonePe in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FIS ₹11.0 Lakhs to ₹20.0 Lakhs per year
MasterCard ₹9.9 Lakhs to ₹17.0 Lakhs per year
Western Union ₹11.0 Lakhs to ₹16.0 Lakhs per year
Razorpay ₹9.0 Lakhs to ₹15.0 Lakhs per year
Paytm ₹7.4 Lakhs to ₹15.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Software Development Engineer Test at PhonePe in India?
The salary growth for a Software Development Engineer Test at PhonePe depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer Test can expect the following growth trajectory at PhonePe:

Experience Average Salary Range
1 year ₹7.0 Lakhs to ₹8.0 Lakhs per year
2 years ₹9.9 Lakhs to ₹12.6 Lakhs per year
3 years ₹13.5 Lakhs to ₹17.3 Lakhs per year
4 years ₹14.3 Lakhs to ₹26.7 Lakhs per year
and so on.

Tell us how to improve this page.

PhonePe Software Development Engineer Test salary in India ranges between ₹7 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 PhonePe latest salaries received from various employees of PhonePe.