Loading...Loading...Loading...Loading...Salary Guide · India 2026
Indian fintech offering payment gateway, payouts, business banking (RazorpayX), and POS rails for merchants. Every band below is total CTC (base + variable + equity), drawn from the 25th–90th percentile of reported offers at Razorpay in India and verified against AmbitionBox and Glassdoor.
Software Engineer · Lead / 10–12 yrs
₹60L – ₹145Ltotal CTC
Salary bands for 26 roles at Razorpay, from Software Engineer to QA Engineer — see all below.
Working at Razorpay
Millions of merchants; serves Indian SMBs to large enterprises. Filed DRHP via SEBI confidential route in April 2026.
What the interview actually tests
Bar is engineering rigor over product polish. Compliance + correctness > speed. Candidates expected to discuss idempotency keys, retry semantics, and money-movement edge cases.
Role
What Software Engineers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14L – ₹40L | ESOP₹2L – ₹5.6L/yr |
| Mid-level / 3–5 yrs | ₹18.9L – ₹52.5L | ESOP₹2.6L – ₹7.4L/yr |
| Senior / 6–9 yrs | ₹36.8L – ₹99.8L | ESOP₹5.2L – ₹14L/yr |
| Lead / 10–12 yrs | ₹60L – ₹145L | ESOP₹12L – ₹30L/yr |
Razorpay SE-1 / Junior. Negotiation focus: fixed + joining bonus. ESOP liquidity must be verified, do not assume.
Role
Total CTC ranges for Product Managers at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹33.6L | ESOP₹2.1L – ₹4.7L/yr |
| Mid-level / 3–5 yrs | ₹26.2L – ₹73.5L | ESOP₹3.7L – ₹10.3L/yr |
| Senior / 6–9 yrs | ₹47.2L – ₹136.5L | ESOP₹6.6L – ₹19.1L/yr |
Razorpay APM / PM-1. Negotiation focus: fixed + role scope clarity.
How this compares
The senior Product Manager band above sits against a Indian Fintech peer median of ₹44L – ₹127L LPA across 6 other Indian Fintech companies we track.
Role
What Data Analysts actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹16.8L | ESOP₹0.4L – ₹1L/yr |
| Mid-level / 3–5 yrs | ₹10.5L – ₹29.4L | ESOP₹0.6L – ₹1.8L/yr |
| Senior / 6–9 yrs | ₹18.9L – ₹52.5L | ESOP₹1.1L – ₹3.2L/yr |
| Lead / 10–12 yrs | ₹29.4L – ₹54.1L | RSU₹1.2L – ₹3.2L/yr |
Razorpay Junior Data Analyst. Negotiation focus: fixed (variable component small at this level).
How this compares
The lead Data Analyst band above sits against a Indian Fintech peer median of ₹26L – ₹70L LPA across 4 other Indian Fintech companies we track.
Role
Total CTC ranges for UX Designers at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹15L – ₹22L | ESOP₹1.8L – ₹2.6L/yr |
| Mid-level / 3–5 yrs | ₹22L – ₹32L | ESOP₹2.6L – ₹3.8L/yr |
| Senior / 6–9 yrs | ₹30L – ₹42L | ESOP₹3.6L – ₹5L/yr |
| Lead / 10–12 yrs | ₹40L – ₹65L | ESOP₹4.8L – ₹7.8L/yr |
Razorpay Junior Product Designer (≤1y). Negotiation focus: fixed salary + onboarding ramp.
How this compares
The lead UX Designer band above sits against a Indian Fintech peer median of ₹43L – ₹114L LPA across 3 other Indian Fintech companies we track.
Role
Razorpay's pay bands for DevOps / SREs in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹25.8L | RSU₹1.8L – ₹4.6L/yr |
| Mid-level / 3–5 yrs | ₹19L – ₹30L | ESOP₹2L – ₹5L/yr |
| Senior / 6–9 yrs | ₹32L – ₹50L | ESOP₹4L – ₹9L/yr |
| Lead / 10–12 yrs | ₹50L – ₹75L | ESOP₹7L – ₹14L/yr |
| Manager / 12+ yrs | ₹84L – ₹157.5L | RSU₹10.3L – ₹28.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for ML Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹25.8L | RSU₹1.8L – ₹4.6L/yr |
| Mid-level / 3–5 yrs | ₹32L – ₹50L | ESOP₹4L – ₹12L/yr |
| Senior / 6–9 yrs | ₹55L – ₹90L | ESOP₹10L – ₹25L/yr |
| Lead / 10–12 yrs | ₹84L – ₹157.5L | RSU₹10.3L – ₹28.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
How this compares
The lead ML Engineer band above sits against a Indian Fintech peer median of ₹75L – ₹187L LPA across 3 other Indian Fintech companies we track.
Role
Total CTC ranges for Saless at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹7.4L – ₹18.9L | ESOP₹0.4L – ₹1.1L/yr |
| Mid-level / 3–5 yrs | ₹14.7L – ₹42L | ESOP₹0.9L – ₹2.5L/yr |
| Senior / 6–9 yrs | ₹26.2L – ₹84L | ESOP₹1.6L – ₹5L/yr |
| Manager / 12+ yrs | ₹73.5L – ₹152.2L | RSU₹1.9L – ₹6.1L/yr |
Razorpay Junior Sales/Growth. Bonus heavy (₹2.4-6L variable). Negotiation focus: variable structure (quota + accelerators).
How this compares
The executive Sales band above sits against a Indian Fintech peer median of ₹63L – ₹198L LPA across 3 other Indian Fintech companies we track.
Role
What AI Engineers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹25.8L | RSU₹1.8L – ₹4.6L/yr |
| Mid-level / 3–5 yrs | ₹29.4L – ₹56.7L | RSU₹3.6L – ₹10.2L/yr |
| Senior / 6–9 yrs | ₹52.5L – ₹105L | RSU₹6.3L – ₹18.9L/yr |
| Lead / 10–12 yrs | ₹84L – ₹157.5L | RSU₹10.3L – ₹28.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Backend Developers at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10.5L – ₹19.9L | RSU₹1L – ₹2.8L/yr |
| Mid-level / 3–5 yrs | ₹18.9L – ₹35.7L | RSU₹1.8L – ₹5L/yr |
| Senior / 6–9 yrs | ₹36.8L – ₹68.3L | RSU₹3.6L – ₹9.6L/yr |
| Lead / 10–12 yrs | ₹57.8L – ₹102.4L | RSU₹5.6L – ₹14.3L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What Business Analysts actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹12.6L | RSU₹0.3L – ₹0.7L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹23.1L | RSU₹0.6L – ₹1.4L/yr |
| Senior / 6–9 yrs | ₹21L – ₹39.4L | RSU₹0.9L – ₹2.4L/yr |
| Lead / 10–12 yrs | ₹33.6L – ₹61.4L | RSU₹1.4L – ₹3.7L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
How this compares
The lead Business Analyst band above sits against a Indian Fintech peer median of ₹29L – ₹77L LPA across 3 other Indian Fintech companies we track.
Role
Total CTC ranges for Cloud Engineers at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹25.8L | RSU₹1.8L – ₹4.6L/yr |
| Mid-level / 3–5 yrs | ₹29.4L – ₹56.7L | RSU₹3.6L – ₹10.2L/yr |
| Senior / 6–9 yrs | ₹52.5L – ₹105L | RSU₹6.3L – ₹18.9L/yr |
| Lead / 10–12 yrs | ₹84L – ₹157.5L | RSU₹10.3L – ₹28.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What Consultants actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.2L – ₹9.9L | RSU₹0.1L – ₹0.2L/yr |
| Mid-level / 3–5 yrs | ₹10.5L – ₹19.9L | RSU₹0.1L – ₹0.4L/yr |
| Senior / 6–9 yrs | ₹18.9L – ₹38.3L | RSU₹0.3L – ₹0.8L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Content Writers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹8.4L – ₹16.8L | RSU₹0.7L – ₹2L/yr |
| Mid-level / 3–5 yrs | ₹16.8L – ₹32L | RSU₹1.4L – ₹3.9L/yr |
| Senior / 6–9 yrs | ₹29.4L – ₹56.7L | RSU₹2.4L – ₹6.8L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What Customer Success Managers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4L – ₹17L | ESOP₹1L – ₹1L/yr |
| Mid-level / 3–5 yrs | ₹13L – ₹34L | ESOP₹1L – ₹2L/yr |
| Senior / 6–9 yrs | ₹23L – ₹63L | ESOP₹1L – ₹4L/yr |
| Lead / 10–12 yrs | ₹37L – ₹95L | ESOP₹2L – ₹6L/yr |
| Manager / 12+ yrs | ₹53L – ₹137L | ESOP₹3L – ₹8L/yr |
Role
What Cybersecuritys actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹25.8L | RSU₹1.8L – ₹4.6L/yr |
| Mid-level / 3–5 yrs | ₹29.4L – ₹56.7L | RSU₹3.6L – ₹10.2L/yr |
| Senior / 6–9 yrs | ₹52.5L – ₹105L | RSU₹6.3L – ₹18.9L/yr |
| Lead / 10–12 yrs | ₹84L – ₹157.5L | RSU₹10.3L – ₹28.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Data Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10.5L – ₹18.4L | RSU₹1.1L – ₹2.6L/yr |
| Mid-level / 3–5 yrs | ₹21L – ₹42L | RSU₹1.9L – ₹5.9L/yr |
| Senior / 6–9 yrs | ₹36.8L – ₹76.2L | RSU₹3.4L – ₹10.7L/yr |
| Lead / 10–12 yrs | ₹57.8L – ₹112.9L | RSU₹5.4L – ₹15.8L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Data Scientists in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10.5L – ₹18.4L | RSU₹1.1L – ₹2.6L/yr |
| Mid-level / 3–5 yrs | ₹21L – ₹42L | RSU₹1.9L – ₹5.9L/yr |
| Senior / 6–9 yrs | ₹36.8L – ₹76.2L | RSU₹3.4L – ₹10.7L/yr |
| Lead / 10–12 yrs | ₹57.8L – ₹112.9L | RSU₹5.4L – ₹15.8L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Engineering Managers at Razorpay India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹12.6L | RSU₹0.3L – ₹0.7L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹23.1L | RSU₹0.6L – ₹1.4L/yr |
| Senior / 6–9 yrs | ₹21L – ₹39.4L | RSU₹0.9L – ₹2.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Finance Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹12.6L | RSU₹0.1L – ₹0.3L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹25.2L | RSU₹0.2L – ₹0.5L/yr |
| Senior / 6–9 yrs | ₹23.1L – ₹45.7L | RSU₹0.3L – ₹0.9L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What Frontend Developers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10.5L – ₹19.9L | RSU₹1L – ₹2.8L/yr |
| Mid-level / 3–5 yrs | ₹18.9L – ₹35.7L | RSU₹1.8L – ₹5L/yr |
| Senior / 6–9 yrs | ₹36.8L – ₹68.3L | RSU₹3.6L – ₹9.6L/yr |
| Lead / 10–12 yrs | ₹57.8L – ₹102.4L | RSU₹5.6L – ₹14.3L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for HR Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10.5L – ₹19.9L | RSU₹0.3L – ₹0.8L/yr |
| Senior / 6–9 yrs | ₹18.9L – ₹35.7L | RSU₹0.5L – ₹1.4L/yr |
| Manager / 12+ yrs | ₹47.2L – ₹86.6L | RSU₹1.3L – ₹3.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Legal Counsels in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹12.6L | RSU₹0.1L – ₹0.3L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹25.2L | RSU₹0.2L – ₹0.5L/yr |
| Senior / 6–9 yrs | ₹23.1L – ₹45.7L | RSU₹0.3L – ₹0.9L/yr |
| Lead / 10–12 yrs | ₹36.8L – ₹70.9L | RSU₹0.5L – ₹1.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Marketing Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹11.6L | RSU₹0.2L – ₹0.5L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹25.2L | RSU₹0.3L – ₹1L/yr |
| Senior / 6–9 yrs | ₹23.1L – ₹49.3L | RSU₹0.6L – ₹2L/yr |
| Manager / 12+ yrs | ₹52.5L – ₹105L | RSU₹1.4L – ₹4.2L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What Operations Managers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹8.4L – ₹14.7L | RSU₹0.1L – ₹0.3L/yr |
| Mid-level / 3–5 yrs | ₹14.7L – ₹28.4L | RSU₹0.2L – ₹0.5L/yr |
| Senior / 6–9 yrs | ₹26.2L – ₹52.5L | RSU₹0.3L – ₹1.1L/yr |
| Manager / 12+ yrs | ₹57.8L – ₹112.9L | RSU₹0.8L – ₹2.3L/yr |
Negotiation focus: Fixed salary + variable payout + city/region/team scope + allowances. HR posture: "This is above our current band for the role."
Role
Razorpay's pay bands for Program Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹14.7L – ₹24.1L | RSU₹1.5L – ₹3.4L/yr |
| Mid-level / 3–5 yrs | ₹26.2L – ₹49.9L | RSU₹2.5L – ₹7L/yr |
| Senior / 6–9 yrs | ₹47.2L – ₹91.8L | RSU₹4.4L – ₹12.8L/yr |
| Manager / 12+ yrs | ₹99.8L – ₹181.2L | RSU₹9.7L – ₹25.4L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
Role
What QA Engineers actually earn at Razorpay in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.3L – ₹12.6L | RSU₹0.3L – ₹0.7L/yr |
| Mid-level / 3–5 yrs | ₹12.6L – ₹23.1L | RSU₹0.6L – ₹1.4L/yr |
| Senior / 6–9 yrs | ₹21L – ₹39.4L | RSU₹0.9L – ₹2.4L/yr |
| Lead / 10–12 yrs | ₹33.6L – ₹61.4L | RSU₹1.4L – ₹3.7L/yr |
Negotiation focus: Fixed salary + ESOP strike price + vesting + buyback/liquidity clarity. HR posture: "This is above our current band for the role."
What the Razorpay interview actually looks like
Salary bands here reflect total CTC drawn from reported offers (primarily AmbitionBox, with Glassdoor as a secondary cross-check), supplemented by company disclosures where available — not a single data point. See our methodology for how we source and label pay data. Spot a figure that looks off? Email .
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