Magic Finserv A Unit Of Magic Software Salaries by 100+ Employees (Updated 2025)

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Engineering - Software & QA IT & Information Security Consulting Finance & Accounting + 2 more

Designation	Avg Annual Salary	Open Jobs
Senior Engineer 6 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
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DOT NET Developer 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Artificial Intelligence Consultant 2 - 4 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
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Senior Test Engineer 5 - 6 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
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Associate Software Engineer 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Talent Acquisition Coordinator 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Content Writer 10 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Product Owner 11 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
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Full Stack Developer 5 years exp. (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
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Devops Consultant 7 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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Senior Analyst 9 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Team Lead 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Administration Manager 14 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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Test Manager 11 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Senior Service Delivery Manager 16 years exp. (AmbitionBox Estimate)	₹29.9 L/yr - ₹38.2 L/yr
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Junior Developer 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Senior Support Engineer 6 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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Telecalling Executive 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Senior System Administrator 4 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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Cloud Operations Engineer 2 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Salary Discussions, Hike & Promotions

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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Salary related reviews for Magic Finserv A Unit Of Magic Software

4.1

Rated by 6 employees for salary & benefits

Associate Software Developer in Noida

Full Time

Engineering - Software & QA Department

3.0

• posted on 30 Aug 2023

4.0

for Salary and Benefits

Likes

The company stands out positively in every aspect, from its work culture and environment to its appraisal process and company policies.

Salary - Good

+2 more

Dislikes

The main disadvantage of this company is its lack of focus on freshers. The company expects newcomers to possess comprehensive knowledge right from the start, without providing any guidance from experienced colleagues. Although they emphasize learning, they rarely provide opportunities for new hires to showcase their skills.

Skill development - Bad

+3 more

Consultant in Noida

Full Time

IT & Information Security Department

5.0

• posted on 27 Jun 2023

4.0

for Salary and Benefits

Likes

I would like to say about this company. If you have experience of 2-3 years. You have great opportunities to learn new skills and techniques.

Salary - Good

+6 more

Dislikes

They never hire a fresher for the company. I don't know why these people are not hiring the freshers.

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Magic Finserv A Unit Of Magic Software Salary FAQs

How much does Magic Finserv A Unit Of Magic Software pay to its employees?

The average annual salary at Magic Finserv A Unit Of Magic Software varies depending on the role, experience, and location. The salary ranges for some popular designations at Magic Finserv A Unit Of Magic Software, are as follows:

Senior Engineer	₹13.8 Lakhs to ₹17.7 Lakhs per year
DOT NET Developer	₹4.5 Lakhs to ₹5.8 Lakhs per year
Artificial Intelligence Consultant	₹13.1 Lakhs to ₹16.8 Lakhs per year
Senior Test Engineer	₹11.4 Lakhs to ₹14.5 Lakhs per year

The highest-paying role, Lead Consultant, earns between ₹14.1 Lakhs to ₹20 Lakhs per year. The top 10% of employees earn more than ₹33 Lakhs per year, and the top 1% earn over ₹51.2 Lakhs per year. Salaries at Magic Finserv A Unit Of Magic Software 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 salary estimates are based on data from 102 salaries submitted by Magic Finserv A Unit Of Magic Software employees. Magic Finserv A Unit Of Magic Software is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.

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Magic Finserv A Unit Of Magic Software Salaries by Location

Average annual salary in Magic Finserv A Unit Of Magic Software is INR . Salary estimates are based on 100+ Magic Finserv A Unit Of Magic Software latest salaries received from various employees of Magic Finserv A Unit Of Magic Software.

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