Salary Guide · India 2026
Upstox (RKSV Securities) is India's 2nd-largest discount broker by active clients, backed by Tiger Global and Ratan Tata. It offers zero-brokerage equity trading and is preparing for an IPO. Salary ranges below are sourced from AmbitionBox, Glassdoor, and Levels.fyi and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Role
Total CTC ranges for Software Engineers at Upstox India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹24L – ₹38L | ESOP₹2L – ₹5L/yr |
| Senior / 6–9 yrs | ₹38L – ₹60L | ESOP₹5L – ₹12L/yr |
Data sources: AmbitionBox, Glassdoor India, Levels.fyi, and public DRHP/IPO filings where applicable. Ranges represent the 25th–90th percentile of reported total CTC (base + variable + annual equity value) in Indian cities. Individual offers vary by negotiation, team, location, and joining year. These figures are market reference data, not a guarantee of any specific offer. Verify with current offer letters and recruiter disclosures.