Magna International Bangalore / Bengaluru Software Developer Salaries by 4 Employees (Updated 2024)

2 - 5 years exp.

₹7.1 Lakhs - ₹16.5 Lakhs

Salary of majority employees

19% more than the average Software Developer Salary in Auto Components Companies for 2 - 5 years of experience

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Last Updated: 7 Nov 2023

Companies similar to Magna International for Software Developer in Bangalore / Bengaluru

Magna International Software Developer Salary

2 - 5 years exp. (4 salaries)

₹7.1 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Software Developer Salary 1 - 5 years exp. (11 salaries)	₹3 L/yr - ₹8.1 L/yr 49% less
Bosch Software Developer Salary 1 - 7 years exp. (93 salaries)	₹8.9 L/yr - ₹20 L/yr 22% more
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Continental Automotive Components Software Developer Salary 1 - 6 years exp. (89 salaries)	₹4.4 L/yr - ₹16 L/yr 16% less
Aptiv Software Developer Salary 1 - 6 years exp. (35 salaries)	₹5.4 L/yr - ₹17 L/yr 13% more	1 job opening
Yokogawa Software Developer Salary 0 - 6 years exp. (25 salaries)	₹3.9 L/yr - ₹6.5 L/yr 57% less
Continental Software Developer Salary 2 - 8 years exp. (24 salaries)	₹5.9 L/yr - ₹20 L/yr 15% more
Yazaki Software Developer Salary 2 - 4 years exp. (19 salaries)	₹3.8 L/yr - ₹5 L/yr 58% less
ZF Steering Gear Software Developer Salary 2 - 5 years exp. (16 salaries)	₹4.2 L/yr - ₹11 L/yr 31% less
Nexteer Automotive Software Developer Salary 2 - 5 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 41% less
DENSO Software Developer Salary 2 - 4 years exp. (4 salaries)	₹3.4 L/yr - ₹4.2 L/yr 66% less
Autoliv Software Developer Salary 3 - 6 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 26% less
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Software Developer salary at Magna International ranges between ₹7.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Software Developer salaries in Bangalore / Bengaluru

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.5 L/yr
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹16.5 L/yr

Similar Designation salaries in Magna International

Software Engineer Salary

(49 salaries)

₹4.2 L/yr - ₹12.4 L/yr

Senior Software Engineer Salary

(36 salaries)

₹7 L/yr - ₹24.21 L/yr

Lead Engineer Salary

(14 salaries)

₹13.5 L/yr - ₹21 L/yr

Senior Engineer Salary

(5 salaries)

₹9.29 L/yr - ₹15 L/yr

Software Development Engineer Salary

(4 salaries)

₹10.5 L/yr - ₹12 L/yr

System Engineer Salary

(3 salaries)

₹10 L/yr - ₹16.5 L/yr

Salary related reviews for Magna International

Senior Software Developer in Pune

Engineering - Software & QA Department

4.0

• posted on 14 Mar 2022

3.0

for Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

Dislikes

Company is not so keen on employee's skill development.

Senior Engineer- Maintenance in Talegaon Dabhade

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Sep 2022

1.0

for Salary and Benefits

Likes

Work- Personal life can be balanced. Fixed duty hours. Supportive superiors. On time salary. Transportation and canteen facilities are free.

Dislikes

Salary packages are not as per skills and experience. Very low salary packages as a mnc and also compair to other mnc. Salary structure is not good.

Stamping Simulation Engineer (Process Engineer) in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Jan 2024

2.0

for Salary and Benefits

Likes

Learning curve was very good at magna, there is lot of opportunities to learn and improve your skill.

Dislikes

Salary is very less competitive, I used to get less than market value I guess. Work is culture is not so good, observed partially, favorism and retaliation from the manager. Hard work is not appreciated and recognized.

Senior Test Lead in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 21 Nov 2021

1.0

for Salary and Benefits

Likes

Change in management is bringing visteon friends only.No internal growth. New joiner will be made fool with high joining salary and then as the years go by there will be no increament given.This management is know for twisting and moulding the rules.

Dislikes

Everything.no growth or oppurtunity.No increments.

Design Engineer in Pune

Full Time

Research & Development Department

5.0

• posted on 18 Jun 2020

2.0

for Salary and Benefits

Likes

Till lockdown magna provided complete salary and support.

Dislikes

Unfortunately I lost job in this corona crisis. They provided complete assistance to onrolll employees but not for all contract people. So all they lost there job.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna International Software Developer Salary FAQs

What is the salary of Software Developer at Magna International Bangalore / Bengaluru?

Software Developer salary at Magna International in Bangalore / Bengaluru ranges between ₹7.1 Lakhs to ₹16.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 19% more than the average Software Developer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International Bangalore / Bengaluru.

How does the salary of a Software Developer at Magna International Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Software Developer at Magna International is 19% more than the average salary of a Software Developer in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Software Developer in Bangalore / Bengaluru?

Bosch Software Developer Salary - ₹8.9 Lakhs to ₹20.0 Lakhs per year
Continental Software Developer Salary - ₹5.9 Lakhs to ₹20.0 Lakhs per year
Aptiv Software Developer Salary - ₹5.4 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Software Developer in companies similar to Magna International in Bangalore / Bengaluru?

Continental Automotive Components Software Developer Salary - ₹4.4 Lakhs to ₹16.0 Lakhs per year
Autoliv Software Developer Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year
ZF Steering Gear Software Developer Salary - ₹4.2 Lakhs to ₹11.0 Lakhs per year
Nexteer Automotive Software Developer Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
Mahindra & Mahindra Software Developer Salary - ₹3.0 Lakhs to ₹8.1 Lakhs per year

What is the estimated take home salary of a Software Developer at Magna International in Bangalore / Bengaluru?

The estimated take-home salary of a Software Developer at Magna International ranges between ₹76,135 per month to ₹78,108 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Magna International Software Developer salary in India which ranges between ₹7.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Magna International in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the Magna International Software Developers in Bangalore / Bengaluru reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Magna International Software Developer Salaries in Bangalore / Bengaluru

Magna International Software Developer salary in Bangalore / Bengaluru ranges between ₹7.1 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.

Magna International Software Developer salaries in Bangalore / Bengaluru

Companies similar to Magna International for Software Developer in Bangalore / Bengaluru

Latest annual salaries shared by Magna International Software Developer in Bangalore / Bengaluru

Experience wise Magna International Software Developer salaries in Bangalore / Bengaluru

Similar Designation salaries in Magna International

Salary related reviews for Magna International

Senior Software Developer in Pune

Senior Engineer- Maintenance in Talegaon Dabhade

Stamping Simulation Engineer (Process Engineer) in Pune

Senior Test Lead in Pune

Design Engineer in Pune

Magna International Software Developer Salary FAQs

Tell us how to improve this page.