MAG Studios Software Developer Salaries by 5 Employees

1 - 9 years exp.

₹2.3 Lakhs - ₹6.6 Lakhs

Salary of majority employees

43% less than the average Software Developer Salary in Financial Services Companies for 1 - 9 years of experience

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Last Updated: 14 Aug 2024

Companies similar to MAG Studios for Software Developer

Company name	Avg Annual Salary	Open Jobs
SysArc Infomatix Software Developer Salary 1 - 4 years exp. (68 salaries)	₹2.7 L/yr - ₹9.8 L/yr 33% more
Kreatio Software Software Developer Salary 0 - 5 years exp. (21 salaries)	₹2.4 L/yr - ₹7.1 L/yr 5% less
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50 Hertz Software Developer Salary 2 - 6 years exp. (20 salaries)	₹3.8 L/yr - ₹7.6 L/yr 11% more
Microdynamic Software Software Developer Salary 1 - 2 years exp. (16 salaries)	₹1.8 L/yr - ₹4.8 L/yr 34% less
Tradebulls Software Developer Salary 2 - 7 years exp. (12 salaries)	₹5 L/yr - ₹14 L/yr 93% more
Epsilon Technologies Software Developer Salary 1 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹8.3 L/yr 36% more
Mass Software Solutions Software Developer Salary 0 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹6 L/yr 29% less
Bankit Services Software Developer Salary 1 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 7% more
Nirmaan Organization Software Developer Salary 1 - 3 years exp. (5 salaries)	₹3.3 L/yr - ₹4 L/yr 21% less
Time Legend It And Hr Consulting Solutions Software Developer Salary 1 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹2 L/yr 58% less
Feat Systems Software Developer Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 6% less
Login to view exact salary
Oxane Partners Software Developer Salary 0 - 2 years exp. (3 salaries)	₹10.1 L/yr - ₹11.5 L/yr 134% more

Software Developer salary at MAG Studios ranges between ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of MAG Studios.

Experience wise MAG Studios Software Developer salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in MAG Studios

Full Stack Developer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Mean Stack Developer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior PHP Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

PHP Programmer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Hybrid App Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for MAG Studios

1.0

Rated by 2 employees for salary & benefits

Software Developer in New Delhi

Engineering - Software & QA Department

2.0

• posted on 16 Dec 2021

1.0

for Salary and Benefits

Likes

Senior were good and cooperative.

Dislikes

...d humiliated me in front of whole group. Didn't appreciate the work done at all. There was delay in salary clearence. Also I was never got any appointment letter neither any Employment Number was generated. And 7 days salary is still pending. I asked him for laptop but the laptop was already damaged. I asked for experience letter and salary slip but he asked to return the laptop. I don't trust him at all so I didn't respond and decided not return the laptop till I receive experience letter and salary slip.

Salary - Bad

+5 more

PHP Developer in New Dellhi

Engineering - Software & QA Department

5.0

• posted on 23 Jan 2022

5.0

for Salary and Benefits

Likes

I get treated well and with respect and get my salary on time. I also get to work on new technologies and platforms with ample guidance from my seniors

Salary - Excellent

+6 more

Dislikes

None I can think of - we are presently working from home, so it is flexible and good

Front End Developer in New Delhi

Engineering - Software & QA Department

1.0

• posted on 08 Aug 2017

1.0

for Salary and Benefits

Likes

All team members are good in knowledge

Dislikes

... You have to always work in pressure. You can't say hi hello to your colleagues. You can't get your Last month of Salary and working experience when you leave the company.

Salary - Bad

+6 more

Project Manager in New Delhi

Project & Program Management Department

5.0

• posted on 21 Jan 2022

5.0

for Salary and Benefits

Likes

There is a lot of clarity in work that needs to be done. Our team is full of developers from diverse backgrounds, so there is a lot of learning. The projects done here are good, they are not the regular website development or Wordpress development project - they are mainly software projects so it is a very good place for engineers and software developers.

Salary - Excellent

+6 more

Dislikes

We can have flexible work timings - however since everything is work from home now - this grouse has also been taken care of now.

Senior Web Developer in New Delhi

Engineering - Software & QA Department

5.0

• posted on 21 Jan 2022

5.0

for Salary and Benefits

Likes

Today I have completed 5 years at Mag and must say it has been such a pleasure to be part of such wonderful organization and learn from the leaders that are highly knowledgeable and amazing at what they do.

Salary - Excellent

+6 more

Dislikes

Cant't think of any as of now as Mag has really taken care of me in all respect

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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MAG Studios Software Developer Salary FAQs

What is the salary of Software Developer at MAG Studios ?

The average salary of a Software Developer at MAG Studios in India typically ranges from ₹2.3 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Software Developer at MAG Studios earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Software Developer Salaries at MAG Studios 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 5 MAG Studios employees in India.

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

The estimated take-home salary of a Software Developer at MAG Studios in India typically ranges from ₹33,396 to ₹34,659 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 5 salaries received from various employees of MAG Studios. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Oxane Partners	₹10.1 Lakhs to ₹11.5 Lakhs per year
Tradebulls	₹5.0 Lakhs to ₹14.0 Lakhs per year
Epsilon Technologies	₹2.2 Lakhs to ₹8.3 Lakhs per year
SysArc Infomatix	₹2.7 Lakhs to ₹9.8 Lakhs per year
50 Hertz	₹3.8 Lakhs to ₹7.6 Lakhs per year

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

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

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

Bankit Services	₹3.5 Lakhs to ₹6.0 Lakhs per year
Kreatio Software	₹2.4 Lakhs to ₹7.1 Lakhs per year
Feat Systems	₹2.5 Lakhs to ₹7.0 Lakhs per year
Nirmaan Organization	₹3.3 Lakhs to ₹4.0 Lakhs per year
Mass Software Solutions	₹1.5 Lakhs to ₹6.0 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 MAG Studios in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.4 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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MAG Studios Software Developer Salaries

MAG Studios Software Developer salary in India ranges between ₹2.3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MAG Studios latest salaries received from various employees of MAG Studios.