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3.6

based on 179 Reviews

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Upstox Software Development Engineer 1 salaries in India (Updated 2025)

Annual salary range
2 - 3 years exp.
₹21 Lakhs - ₹26.5 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
₹unlock blur Lakhs

Monthly In-hand Salary

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Software Development Engineer 1 Salary at Upstox ranges between ₹21 Lakhs to ₹26.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received... Read more

77% more than the average Software Development Engineer 1 Salary in Financial Services Companies for 2 - 3 years of experience

Interested in this particular role?

Last Updated: 18 May 2025

Companies similar to Upstox for Software Development Engineer 1

Company name Avg Annual Salary Open Jobs
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Groww Software Development Engineer 1 Salary

0 - 2 years exp. (5 salaries)

unlock blur

₹15 L/yr - ₹24 L/yr

arrow icon 30% less
Logo
Amazon Software Development Engineer 1 Salary

0 - 4 years exp. (243 salaries)

unlock blur

₹12 L/yr - ₹37.6 L/yr

arrow icon 4% less
13 job openings
Login to view exact salary info icon
Logo
Jio Platforms Software Development Engineer 1 Salary

1 - 3 years exp. (117 salaries)

unlock blur

₹5 L/yr - ₹9.7 L/yr

arrow icon 77% less
Logo
CSG International Software Development Engineer 1 Salary

1 - 5 years exp. (114 salaries)

unlock blur

₹8 L/yr - ₹14 L/yr

arrow icon 56% less
Logo
Flipkart Software Development Engineer 1 Salary

0 - 4 years exp. (99 salaries)

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₹15 L/yr - ₹37 L/yr

At par
1 job opening

Latest annual salaries shared by Upstox Software Development Engineer 1

2d ago
₹26 Lakhs
2 years exp.
1mo ago
₹26.5 Lakhs
2 years exp.
2mo ago
₹26.5 Lakhs
3 years exp.

Upstox Software Development Engineer 1 salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

unlock blur

₹23.9 L/yr - ₹30.5 L/yr
Login to view exact salary info icon
3 years (AmbitionBox Estimate)

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₹22 L/yr - ₹28.1 L/yr

Similar Designation Salaries at Upstox

Similar Designation Avg. annual salary
Software Development Engineer Salary
(11 salaries)
unlock-blur

₹15 L/yr - ₹31.5 L/yr

Software Developer Salary
(18 salaries)
unlock-blur

₹9.9 L/yr - ₹40.3 L/yr

Login to view exact salary info icon
Software Engineer Salary
(13 salaries)
unlock-blur

₹12 L/yr - ₹31.2 L/yr

Senior Software Engineer Salary
(27 salaries)
unlock-blur

₹16 L/yr - ₹55 L/yr

System Engineer Salary
(AmbitionBox Estimate)
unlock-blur

₹5.9 L/yr - ₹7.5 L/yr

Senior Engineer Salary
(AmbitionBox Estimate)
unlock-blur

₹23.9 L/yr - ₹30.5 L/yr

Lead Software Engineer Salary
(4 salaries)
unlock-blur

₹44 L/yr - ₹53 L/yr

Senior Software Developer Salary
(3 salaries)
unlock-blur

₹35 L/yr - ₹60 L/yr

Web Developer Salary
(3 salaries)
unlock-blur

₹13 L/yr - ₹14.9 L/yr

Lead Engineer Salary
(5 salaries)
unlock-blur

₹54.5 L/yr - ₹70 L/yr

View more similar designations

What people are saying about Upstox

View All
vijaydeenanath
2w
student at
Institute of Technology, Banaras Hindu University
Upstox Ne Loot Liya
Just moved my portfolio from Upstox to Zerodha. Upstox had too many hidden charges and their customer care is useless always saying check the ledger They even sell your stocks if funds go negative and charge ₹59 every day till it clears. Even after complaints the charges don’t stop Anyone else faced this?
Got a question about Upstox?
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Office worker

Salary related reviews for Upstox

5.0

Rated by 1 employees for salary & benefits

Content Writer in Mumbai

Full Time

 · 

Content, Editorial & Journalism Department

3.0
  •  posted on 19 Feb 2024

3.0
 for  Salary and Benefits

Likes

1. Receive salary on time 2. Holidays granted without any hiccups 3. Office is located in front of the station

read more
  • Skill development - Good
  • +1 more

Dislikes

1. Hybrid model discontinued 2. Long and unscheduled working hours 3. Management and managers unwilling to listen to feedback 4. Poor appraisals

read more
  • Promotions - Poor

Software Developer Engineer 2 in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 06 Sep 2023

3.0
 for  Salary and Benefits

Likes

Fast pace environment, exposure to stock market, live user feedback on app as app is live on play store, experienced managers

read more
  • Job security - Excellent
  • +3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

read more

Product Manager in Mumbai

Full Time

 · 

Product Management Department

2.0
  •  posted on 09 Jan 2023

5.0
 for  Salary and Benefits

Likes

...ritating emails, HR follow-ups for the same and so a lot of time is saved there. But for the annual variable pay, you do need to conjecture something up.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Lack of both product culture & engineering culture. Strategies and focus change week on week, month on month. Product has a dotted line reporting to engg which over time seems to be converting to a full line. With no clear direction, product rarely ships any impactful features and there is a constant struggle to catch-up with competition. It seems the primary aim/strategy is to get new users via marketing with minimum efforts into retention. There is no goal-setting process at quarter or annual level.

read more
  • Skill development - Bad
  • +3 more

Engineering Manager in Mumbai

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 03 Jan 2023

4.0
 for  Salary and Benefits

Likes

Goos pay. You can thrive if u r going by reference from someone head or director level. You can seat and throw random nonsense at the engineers.

read more
  • Salary - Good

Dislikes

No work life balance. Too many levels of people managers and few implementors. In the name of process they play favorites. Too many noise makers instead of helping or assisting to solve a problem they simple run skeleton dedicated crew thin and hang them dry. Technology head is petty and very biased and demoralizing. No sense of Saturday or sunday anytime call happens. People with connections with heads only make noise but when real work is question blame is put on already burdened developers.

read more
  • Skill development - Poor
  • +5 more

Product Manager in Bangalore / Bengaluru

Product Management Department

3.0
  •  posted on 07 Sep 2022

4.0
 for  Salary and Benefits

Likes

Good WLB, good pay structure

  • Salary - Good
  • +3 more

Dislikes

Company has no vision. Its literally catching up with every other broker on the street. One day you copy Zerodha, on the another day you copy Groww. Its just sad to see the wasted potential of this company. I blame the leadership who promoted people from non-product backgrounds to product leadership and they are ruining the company. Every team works in silos which exasperates the problem

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews
More about working at Upstox
  • HQ - Mumbai,Maharashtra, India
  • Financial Services
  • 1k-5k Employees (India)
  • Internet

Upstox Software Development Engineer 1 Salary FAQs

What is the salary of Software Development Engineer 1 at Upstox ?
The average salary of a Software Development Engineer 1 at Upstox in India typically ranges from ₹21.0 Lakhs to ₹26.5 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Software Development Engineer 1 at Upstox earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹26.5 Lakhs per year. Software Development Engineer 1 Salaries at Upstox 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 4 Upstox employees in India.
What is the estimated take home salary of a Software Development Engineer 1 at Upstox in India?
The estimated take-home salary of a Software Development Engineer 1 at Upstox in India typically ranges from ₹1,61,028 to ₹1,67,172 per month. This is based on the average salary range of ₹21.0 Lakhs to ₹26.5 Lakhs per year for employees with experience ranging from 2 years to 3 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 4 salaries received from various employees of Upstox. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Development Engineer 1 at Upstox ?
To be a Software Development Engineer 1 at Upstox in india, the key skills required include:

  • - Genetics
  • - Github
  • - Android
  • - Publishing
  • - Android

These skills are highly valued at Upstox and are crucial for successful performance in a Software Engineering role.
What is the salary of a Software Development Engineer 1 in companies similar to Upstox in India?
The salary of a Software Development Engineer 1 at companies similar to Upstox in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Flipkart ₹15.0 Lakhs to ₹37.0 Lakhs per year
Amazon ₹12.0 Lakhs to ₹37.6 Lakhs per year
Groww ₹15.0 Lakhs to ₹24.0 Lakhs per year
CSG International ₹8.0 Lakhs to ₹14.0 Lakhs per year
Jio Platforms ₹5.0 Lakhs to ₹9.7 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 1 at Upstox in India?
The salary growth for a Software Development Engineer 1 at Upstox depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer 1 can expect the following growth trajectory at Upstox:

Experience Average Salary Range
2 years ₹23.9 Lakhs to ₹30.5 Lakhs per year
3 years ₹22.0 Lakhs to ₹28.1 Lakhs per year
and so on.

Tell us how to improve this page.

Upstox Software Development Engineer 1 Salaries by Location

  • Upstox Software Development Engineer 1 salaries in Tirupati
  • Upstox Software Development Engineer 1 salaries in Bangalore / Bengaluru
  • Upstox Software Development Engineer 1 salaries in Varanasi
  • Home >
  • Salaries >
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  • Upstox Software Development Engineer 1 Salaries

Upstox Software Development Engineer 1 salary in India ranges between ₹21 Lakhs to ₹26.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Upstox latest salaries received from various employees of Upstox.

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Software Development Engineer 1 Salary in India
based on 4k salaries
₹4 L/yr - ₹26 L/yr
77% more than the average Software Development Engineer 1 Salary in India
View more details

Upstox Software Development Engineer 1 Reviews and Ratings

based on 1 review

5.0/5

Rating in categories

5.0

Skill development

5.0

Work-life balance

5.0

Salary

5.0

Job security

5.0

Company culture

5.0

Promotions

5.0

Work satisfaction

Explore 1 Review and Rating
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Notice Period for Software Development Engineer 1 at Upstox

based on 4 responses

2 Months
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