M1xchange Software Developer Salaries by 8 Employees (Updated 2025)

2 - 5 years exp.

₹8 Lakhs - ₹9.1 Lakhs

Salary of majority employees

At par with the average Software Developer Salary in Internet Companies for 2 - 5 years of experience

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Last Updated: 28 Feb 2025

Companies similar to M1xchange for Software Developer

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Lokal App Software Developer Salary 0 - 3 years exp. (5 salaries)	₹9 L/yr - ₹25 L/yr 102% more
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Software Developer salary at M1xchange ranges between ₹8 Lakhs to ₹9.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 8 latest salaries received from various employees of M1xchange.

Experience wise M1xchange Software Developer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.1 L/yr
3 years (5 salaries)	₹3.3 L/yr - ₹9.1 L/yr
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4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr

Similar Designation salaries in M1xchange

Java Developer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Senior Software Engineer Salary

(5 salaries)

₹10.8 L/yr - ₹18 L/yr

Salary related reviews for M1xchange

Quality Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

Hybrid model Tech leads are very good to work with. Many products to work with.

Salary - Good

+1 more

Dislikes

No training offered . Expected to work on assignments from week 1 without technical training. Product training offered part by part. Seniors or highly experienced prof may not be ideal for freshers. High expectations from freshers from these seniors without considering experience. Also mails of requirements will be forwarded and not discussed by these . They only forward requirements. Managers back these seniors blindly. They don’t address challenges of freshers

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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M1xchange Software Developer Salary FAQs

What is the salary of Software Developer at M1xchange ?

The average salary of a Software Developer at M1xchange in India typically ranges from ₹8.0 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Software Developer at M1xchange earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Software Developer Salaries at M1xchange can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 M1xchange employees in India.

What is the estimated take home salary of a Software Developer at M1xchange in India?

The estimated take-home salary of a Software Developer at M1xchange in India typically ranges from ₹59,948 to ₹61,463 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 2 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of M1xchange. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than M1xchange for Software Developer in India?

Simpl	₹18.0 Lakhs to ₹24.0 Lakhs per year
Treebo Hotels	₹15.0 Lakhs to ₹25.0 Lakhs per year
Vogo Automotive	₹17.0 Lakhs to ₹21.0 Lakhs per year
Arzooo.com	₹11.6 Lakhs to ₹27.0 Lakhs per year
DineOut	₹8.0 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by M1xchange, depending on the role and experience level.

What is the salary of a Software Developer in companies similar to M1xchange in India?

The salary of a Software Developer at companies similar to M1xchange in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lokal App	₹9.0 Lakhs to ₹25.0 Lakhs per year
Cashkaro.com	₹12.0 Lakhs to ₹25.0 Lakhs per year
Progcap	₹10.1 Lakhs to ₹20.0 Lakhs per year
Lybrate	₹6.6 Lakhs to ₹25.0 Lakhs per year
Cogoport	₹7.5 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Developer at M1xchange in India?

The salary growth for a Software Developer at M1xchange depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at M1xchange:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹9.1 Lakhs per year
3 years	₹3.3 Lakhs to ₹9.1 Lakhs per year
4 years	₹7.5 Lakhs to ₹9.5 Lakhs per year
5 years	₹3.4 Lakhs to ₹9.0 Lakhs per year

and so on.

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M1xchange Software Developer Salaries

M1xchange Software Developer salary in India ranges between ₹8 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 M1xchange latest salaries received from various employees of M1xchange.