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.
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).
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.
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."
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).
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."
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."
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