Razorpay Salaries in India
17 salary records · Moderate sample · Software Engineer is the most reported role
Updated · 2 new in the last 30 days
Pay Score
How pay here compares with similar jobs elsewhere — not a rating of the employer.
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Get Rich 5/10
Pay vs the same role and experience at other companies · 45% of the score
-7% vs the same role and experience at other companies (16 records matched).
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Career Climb —
Does pay rise with experience faster than the market? · 20% of the score
Not enough data yet — add your salary to help unlock it.
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Fair Pay 2/10
How evenly people at the same level are paid · 15% of the score
People at the same level here typically sit ±26% from their level's middle (a typical company: ±20%).
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In-Hand Power 7/10
How much of CTC is fixed monthly pay rather than bonus or stock · 10% of the score
96% of CTC is fixed monthly pay (market 91%).
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On the Rise 7/10
Are recently added salaries higher than earlier ones, relative to the market? · 10% of the score
Salaries added in the last 3 months are 21% lower than earlier ones, relative to how the market moved.
Every part compares each salary with the median for the same role and experience band at other companies — the "market index" HR teams use — so a company isn't rewarded just for having senior people on the books. Parts backed by few records are pulled toward the market average, then ranked against every company with enough data: 10 means near the top. The Pay Score is the weighted average of the parts that have enough data (here 80% of the weight), and needs Get Rich plus at least two others.
Razorpay salaries in India range from ₹29L (P25) to ₹38.50L (P75), with a median CTC of ₹34L. At the median that's about ₹1.95L/month take-home under the new tax regime (FY 2026-27). The most reported roles are Software Engineer. All submissions are anonymous.
What this means for you
Compensation distribution
Salary by experience
Median CTC is 28% higher at 4-8 yrs than at 0-3 yrs. These are different people at each stage, not one person's pay growth.
Who pays more for a Software Engineer with 0-3 yrs experience
Median CTC for the most-reported profile at Razorpay, company by company. Razorpay ranks #38 of 71 companies with enough data — 37 pay more.
- #1 Walmart Global Tech ₹1.00 Cr +286% 5
- #2 Rippling ₹69.25L +168% 10
- #3 Uber ₹65L +151% 17
- #4 LinkedIn ₹61L +136% 9
- #5 Google ₹45.48L +76% 40
- #6 Salesforce ₹43L +66% 33
- #7 Blinkit ₹39L +51% 14
- #38 Razorpay ₹25.88L — 8
Each company needs at least 5 records in this role and experience band to appear. The last column is records per company.
Salaries by role
| Role | Median | P25–P75 | vs similar | Records |
|---|---|---|---|---|
| Software Engineer | ₹34L | ₹25.88L–₹37.75L | +35% | 15 |
2 more records in roles with fewer than 3 submissions.
Salary by location
3 more records from other cities or with no city given.
₹34L CTC at Razorpay — what's your actual take-home?
₹1.95L/month take-home at the median · new tax regime (FY 2026-27)
Where ₹100 of Razorpay CTC goes
- Monthly take-home ₹75
- Income tax on salary ₹15
- PF & professional tax ₹6
- Bonus, before tax ₹1
- Stock ₹3
Average over 17 records that list their components. Across all companies in our data, ₹72 of every ₹100 arrives as monthly take-home. Bonus and stock don't come with the monthly salary, and are taxed when paid.
| Band | CTC | Fixed pay | Monthly take-home New regime |
|
|---|---|---|---|---|
| P25 | ₹29L | ₹23.50L | ₹1.61L | Calculate → |
| Median | ₹34L | ₹30L | ₹1.95L | Calculate → |
| P75 | ₹38.50L | ₹38.50L | ₹2.40L | Calculate → |
Each band is that percentile of CTC and of fixed pay (CTC minus stock and bonus). Take-home is worked out from the fixed pay: new tax regime (FY 2026-27), basic at 50% of fixed pay, metro HRA, employee PF at 12% of basic, professional tax. The old regime only comes out ahead with large deductions — check yours in the calculator.
Calculate your own package →What to negotiate
Razorpay salary by level
Levels as people reported them — they aren't comparable across companies.
Frequently asked questions
What is the average salary at Razorpay in India?
Based on anonymous submissions, the median CTC at Razorpay is ₹34L. That's about ₹1.95L/month take-home under the new tax regime (FY 2026-27). The 25th percentile is ₹29L and the 75th percentile is ₹38.50L.
Is this salary data verified?
The data is anonymously self-reported on in-hand.in. We validate that CTC values are non-zero and consistent (RSU + Bonus cannot exceed CTC). Individual entries may differ from market rates — use percentiles for a reliable picture.
How is monthly in-hand salary calculated?
Monthly take-home is worked out from fixed pay — CTC minus stock and bonus, which don't arrive with the monthly salary — under the new tax regime (FY 2026-27), with basic at 50% of fixed pay, metro HRA, employee PF at 12% of basic and professional tax. Use “Calculate” on any band to open the full breakdown in the In-Hand calculator.
How do I add my salary to this benchmark?
Use “See where you rank” (or “Add a new salary”) on this page. You'll fill in your role, company, city, years of experience, and CTC. No name, email, or sign-in is required.
What is the salary structure at Razorpay India?
Across 17 submissions that list their components, a typical Razorpay package is 96% fixed pay, 1% bonus and 3% stock. The median CTC is ₹34L (P25 ₹29L, P75 ₹38.50L).
How much of a Razorpay CTC is in-hand salary?
Of every ₹100 of CTC reported at Razorpay, about ₹75 arrives as monthly take-home pay. Around ₹15 goes to income tax on salary, ₹6 to PF and professional tax, and ₹4 is bonus and stock, paid separately (new tax regime, FY 2026-27). Across all companies in our data the figure is ₹72.