Loco Mumbai Software Development Engineer II Salaries by Employees

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₹27 Lakhs - ₹34.5 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 30 Apr 2024

Companies similar to Loco for Software Development Engineer II in Mumbai

Loco Software Development Engineer II Salary

5 years exp. (AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Rebel Foods Software Development Engineer II Salary 3 - 6 years exp. (8 salaries)	₹11 L/yr - ₹17 L/yr 52% less
Dream11 Software Development Engineer II Salary 4 - 8 years exp. (37 salaries)	₹23 L/yr - ₹60 L/yr 51% more	1 job opening
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JPMorgan Chase & Co. Software Development Engineer II Salary 2 - 6 years exp. (37 salaries)	₹17 L/yr - ₹38 L/yr 17% less
Fynd Software Development Engineer II Salary 3 - 7 years exp. (33 salaries)	₹23.5 L/yr - ₹45 L/yr 4% more	2 job openings
FanCode Software Development Engineer II Salary 4 - 7 years exp. (13 salaries)	₹20 L/yr - ₹44 L/yr 22% more

Software Development Engineer II salary at Loco ranges between ₹27 Lakhs to ₹34.5 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Loco.

Salary related reviews for Loco

Production Manager (working remotely)

Full Time

Product Management Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

The work culture encourages open communication, recognition for your work, and accountability in a startup setting, with flexibility to work from home. Learning from peers is valuable, and the HR team efficiently addresses concerns.

Salary - Excellent

+6 more

Dislikes

In my first year at Loco, I haven't found anything to dislike. On a lighter note, the only downside is missing out on free office snacks due to working from home.

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Loco Software Development Engineer II Salary FAQs

How the salary growth look like for a Software Development Engineer II at Loco in Mumbai?

The salary growth for a Software Development Engineer II at Loco in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer II in Mumbai can expect the following growth trajectory at Loco:

Experience	Average Salary Range
5 years	₹27.0 Lakhs to ₹34.5 Lakhs per year

and so on.

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Loco Software Development Engineer II Salaries in Mumbai

Loco Software Development Engineer II salary in Mumbai ranges between ₹27 Lakhs to ₹34.5 Lakhs. This is an estimate based on latest salaries received from employees of Loco.