Salary Guide · India 2026
India's largest stockbroker by active clients; bootstrapped, profitable, anti-VC posture. Salary ranges below are sourced primarily from AmbitionBox, with Glassdoor as a secondary cross-check, and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Software Engineer · Lead / 10–12 yrs
₹52.2L – ₹92.6Ltotal CTC
Salary bands for 27 roles at Zerodha, from Software Engineer to Sales / Account Executive — see all below.
Working at Zerodha
Largest active broker in India by client count.
What the interview actually tests
First-principles engineering culture. 'I'd use Redis' / 'I'd use Kafka' answers fail: interviewer will constrain stack and want fundamentals.
Role
Total CTC ranges for Software Engineers at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹26.6L | None |
| Mid-level / 3–5 yrs | ₹17.1L – ₹47.5L | None |
| Senior / 6–9 yrs | ₹33.2L – ₹90.2L | None |
| Lead / 10–12 yrs | ₹52.2L – ₹92.6L | None |
Zerodha Junior SE. Bootstrapped, equity 'unknown' in disclosures, treat as none. Bonus ₹1.4-4.0L. Joining bonus ₹0-2L. Negotiation focus: fixed salary.
Role
What Product Managers actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹30.4L | None |
| Mid-level / 3–5 yrs | ₹23.8L – ₹66.5L | None |
| Senior / 6–9 yrs | ₹42.8L – ₹123.5L | None |
| Lead / 10–12 yrs | ₹67L – ₹171L | None |
| Manager / 12+ yrs | ₹90L – ₹238L | None |
Zerodha Junior PM / APM. Bonus ₹2.4-5.5L. Joining bonus ₹1-3L. Negotiation focus: role scope.
Role
Total CTC ranges for Data Analysts at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹15.2L | None |
| Mid-level / 3–5 yrs | ₹9.5L – ₹26.6L | None |
| Senior / 6–9 yrs | ₹17.1L – ₹47.5L | None |
| Lead / 10–12 yrs | ₹27L – ₹71L | None |
| Manager / 12+ yrs | ₹38L – ₹95L | None |
Zerodha Junior Data Analyst. Bonus ₹0.6-1.5L. Negotiation focus: fixed.
Role
Zerodha's pay bands for Backend Developers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹26.6L | None |
| Mid-level / 3–5 yrs | ₹17.1L – ₹47.5L | None |
| Senior / 6–9 yrs | ₹33.2L – ₹90.2L | None |
| Lead / 10–12 yrs | ₹52.2L – ₹92.6L | None |
Zerodha Junior Backend. Bonus ₹1.4-4L. Negotiation focus: fixed.
Role
Total CTC ranges for Customer Successs at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹3.3L – ₹9.5L | None |
| Mid-level / 3–5 yrs | ₹5.7L – ₹17.1L | None |
| Senior / 6–9 yrs | ₹10.5L – ₹36.1L | None |
| Manager / 12+ yrs | ₹30.4L – ₹55.6L | None |
Zerodha Junior Customer Support. Bonus ₹0.3-1.1L. 30-day notice. Negotiation focus: fixed + shift terms.
Role
Total CTC ranges for Frontend Developers at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹8.6L – ₹23.8L | None |
| Mid-level / 3–5 yrs | ₹15.2L – ₹42.8L | None |
| Senior / 6–9 yrs | ₹28.5L – ₹76L | None |
| Lead / 10–12 yrs | ₹52.2L – ₹92.6L | None |
Zerodha Junior Frontend. Bonus ₹1.3-3.6L. Negotiation focus: fixed.
Role
What Mobile Developers actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹26.6L | None |
| Mid-level / 3–5 yrs | ₹17.1L – ₹47.5L | None |
| Senior / 6–9 yrs | ₹33.2L – ₹90.2L | None |
Zerodha Junior Mobile. Negotiation focus: fixed.
Role
What UX Designers actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹7.6L – ₹22.8L | None |
| Mid-level / 3–5 yrs | ₹15.2L – ₹42.8L | None |
| Senior / 6–9 yrs | ₹26.6L – ₹76L | None |
| Lead / 10–12 yrs | ₹43L – ₹114L | None |
| Manager / 12+ yrs | ₹57L – ₹143L | None |
Zerodha Junior Product Designer. Bonus ₹1.0-2.7L. Negotiation focus: fixed + portfolio.
Role
Zerodha's pay bands for AI Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | None |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | None |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | None |
| Lead / 10–12 yrs | ₹76L – ₹142.5L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Business Analysts at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4L – ₹17L | None |
| Mid-level / 3–5 yrs | ₹11L – ₹30L | None |
| Senior / 6–9 yrs | ₹19L – ₹52L | None |
| Lead / 10–12 yrs | ₹30L – ₹81L | None |
| Manager / 12+ yrs | ₹43L – ₹114L | None |
Role
What Cloud Engineers actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | None |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | None |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | None |
| Lead / 10–12 yrs | ₹76L – ₹142.5L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Consultants at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4.8L – ₹9.1L | None |
| Mid-level / 3–5 yrs | ₹9.5L – ₹18.1L | None |
| Senior / 6–9 yrs | ₹17.1L – ₹34.7L | None |
Negotiation focus: Fixed salary + project allocation + variable pay + onsite opportunity. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Content Writers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹7.6L – ₹15.2L | None |
| Mid-level / 3–5 yrs | ₹15.2L – ₹29L | None |
| Senior / 6–9 yrs | ₹26.6L – ₹51.3L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Cybersecuritys at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | None |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | None |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | None |
| Lead / 10–12 yrs | ₹76L – ₹142.5L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Data Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹16.6L | None |
| Mid-level / 3–5 yrs | ₹19L – ₹38L | None |
| Senior / 6–9 yrs | ₹33.2L – ₹68.8L | None |
| Lead / 10–12 yrs | ₹52.2L – ₹102.1L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Data Scientists at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹16.6L | None |
| Mid-level / 3–5 yrs | ₹19L – ₹38L | None |
| Senior / 6–9 yrs | ₹33.2L – ₹68.8L | None |
| Lead / 10–12 yrs | ₹52.2L – ₹102.1L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for DevOps / SREs at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | None |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | None |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | None |
| Lead / 10–12 yrs | ₹76L – ₹142.5L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Engineering Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹11.4L | None |
| Mid-level / 3–5 yrs | ₹11.4L – ₹20.9L | None |
| Senior / 6–9 yrs | ₹19L – ₹35.6L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Finance Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹11.4L | None |
| Mid-level / 3–5 yrs | ₹11.4L – ₹22.8L | None |
| Senior / 6–9 yrs | ₹20.9L – ₹41.3L | None |
Negotiation focus: Fixed salary + bonus payout history + compliance/risk scope. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for HR Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹9.5L – ₹18.1L | None |
| Senior / 6–9 yrs | ₹17.1L – ₹32.3L | None |
| Manager / 12+ yrs | ₹42.8L – ₹78.4L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
What Legal Counsels actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹11.4L | None |
| Mid-level / 3–5 yrs | ₹11.4L – ₹22.8L | None |
| Senior / 6–9 yrs | ₹20.9L – ₹41.3L | None |
| Lead / 10–12 yrs | ₹33.2L – ₹64.1L | None |
Negotiation focus: Fixed salary + bonus payout history + compliance/risk scope. HR posture: "This is above our current band for the role."
Role
What Marketing Managers actually earn at Zerodha in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹10.4L | None |
| Mid-level / 3–5 yrs | ₹11.4L – ₹22.8L | None |
| Senior / 6–9 yrs | ₹20.9L – ₹44.7L | None |
| Manager / 12+ yrs | ₹47.5L – ₹95L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for ML Engineers at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹23.2L | None |
| Mid-level / 3–5 yrs | ₹26.6L – ₹51.3L | None |
| Senior / 6–9 yrs | ₹47.5L – ₹95L | None |
| Lead / 10–12 yrs | ₹76L – ₹142.5L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Total CTC ranges for Operations Managers at Zerodha India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹7.6L – ₹13.3L | None |
| Mid-level / 3–5 yrs | ₹13.3L – ₹25.6L | None |
| Senior / 6–9 yrs | ₹23.8L – ₹47.5L | None |
| Manager / 12+ yrs | ₹52.2L – ₹102.1L | None |
Negotiation focus: Fixed salary + variable payout + city/region/team scope + allowances. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Program Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹13.3L – ₹21.9L | None |
| Mid-level / 3–5 yrs | ₹23.8L – ₹45.1L | None |
| Senior / 6–9 yrs | ₹42.8L – ₹83.2L | None |
| Manager / 12+ yrs | ₹90.2L – ₹163.8L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for QA Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.7L – ₹11.4L | None |
| Mid-level / 3–5 yrs | ₹11.4L – ₹20.9L | None |
| Senior / 6–9 yrs | ₹19L – ₹35.6L | None |
| Lead / 10–12 yrs | ₹30.4L – ₹55.6L | None |
Negotiation focus: Fixed salary + level calibration + joining bonus. HR posture: "This is above our current band for the role."
Role
Zerodha's pay bands for Sales / Account Executives in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹6.6L – ₹11.9L | None |
| Mid-level / 3–5 yrs | ₹13.3L – ₹25.6L | None |
| Senior / 6–9 yrs | ₹23.8L – ₹49.9L | None |
| Manager / 12+ yrs | ₹66.5L – ₹137.8L | None |
Negotiation focus: Fixed salary + OTE realism + quota attainment + accelerator terms. HR posture: "This role is incentive-heavy; fixed salary has limited flexibility."
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