Fintech / Payments · Startup/Unicorn · Mumbai, Maharashtra
PhonePe is India's leading digital payments platform with 530 million+ registered users and processes $1.5 trillion+ in annual TPV. Separated from Flipkart and backed by Walmart. Among the top-paying startups for SDE freshers in India. High-scale distributed systems problems from day one.
Avg Fresher Package
₹20–45 LPA
Mumbai Avg (All Companies)
₹5–8 LPA
Program
PhonePe Campus SDE Hiring
Official Site
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Market Insight
Mumbai freshers in BFSI earn premium salaries plus incentives. Cost of living is higher but so is earning potential. MBA freshers from decent B-schools typically receive ₹6–12 LPA here.
Mumbai is India's financial capital and the best city for MBA freshers and finance graduates. HDFC, ICICI, Axis, and all major banks have their HQs here. The city also has a thriving media, entertainment, and tech scene with companies like Reliance Jio, Dream11, and Navi.
City-wide average for freshers: ₹5–8 LPA
Does PhonePe hire freshers in Mumbai?
PhonePe primarily hires in Bengaluru. Freshers based in Mumbai can still apply for remote or relocatable roles. PhonePe hires 300–600 freshers per year through the PhonePe Campus SDE Hiring program.
What is the fresher salary at PhonePe in Mumbai?
PhonePe offers freshers an average package of ₹20–45 LPA. In Mumbai, the average fresher salary across companies is ₹5–8 LPA. PhonePe's PhonePe Campus SDE Hiring program determines the specific track and salary band for each hire.
How can I apply for PhonePe fresher jobs in Mumbai?
To apply for PhonePe fresher roles in Mumbai: (1) Register for the PhonePe Campus SDE Hiring program at the official site. (2) The selection process is: Online Competitive Coding Test → 2–3 Technical Rounds (DSA + System Design) → Bar Raiser / Culture Fit. (3) Use JobHuntDaily to get your profile sent directly to PhonePe HR — start for ₹99/month.
JobHuntDaily pushes your profile directly to PhonePe HR and 1,000+ other companies hiring in Mumbai. No middlemen, no spam — just real HR calls.
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