Search

Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
  • Community
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Magna International

Compare button icon Compare button icon Compare
3.9

based on 702 Reviews

Play video Play video Video summary
filter salariesFilter salaries by

Magna International Software Developer salaries in Bangalore / Bengaluru

Annual salary range
2 - 5 years exp.
₹7.1 Lakhs - ₹16.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

33% more than the average Software Developer Salary in Auto Components Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 7 Nov 2023

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

Logo
Magna International Software Developer Salary

2 - 5 years exp. (4 salaries)
unlock blur

₹7.1 L/yr - ₹16.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Bosch Software Developer Salary

2 - 7 years exp. (99 salaries)
unlock blur

₹9.2 L/yr - ₹23.2 L/yr

arrow icon 11% more
Logo
Continental Automotive Components Software Developer Salary

1 - 6 years exp. (96 salaries)
unlock blur

₹4.2 L/yr - ₹16.3 L/yr

arrow icon 24% less
Logo
Yokogawa Software Developer Salary

1 - 4 years exp. (26 salaries)
unlock blur

₹3.9 L/yr - ₹6 L/yr

arrow icon 63% less
Logo
Continental Software Developer Salary

2 - 8 years exp. (26 salaries)
unlock blur

₹4.7 L/yr - ₹20 L/yr

arrow icon 12% less
Logo
Yazaki Software Developer Salary

2 - 4 years exp. (19 salaries)
unlock blur

₹3.8 L/yr - ₹5 L/yr

arrow icon 67% less
Logo
Nexteer Automotive Software Developer Salary

2 - 5 years exp. (7 salaries)
unlock blur

₹4.5 L/yr - ₹6.4 L/yr

arrow icon 52% less
Logo
DENSO Software Developer Salary

2 - 4 years exp. (5 salaries)
unlock blur

₹3.4 L/yr - ₹6 L/yr

arrow icon 58% less
Logo
Valeo Software Developer Salary

2 - 3 years exp. (4 salaries)
unlock blur

₹4 L/yr - ₹9.4 L/yr

arrow icon 46% less
Logo
Autoliv Software Developer Salary

3 - 6 years exp. (4 salaries)
unlock blur

₹5.1 L/yr - ₹10 L/yr

arrow icon 41% less
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.

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

1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise Magna International Software Developer salaries in Bangalore / Bengaluru

Last Updated: 7 Nov 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹9.7 L/yr - ₹12.3 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹11.2 L/yr - ₹14.4 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹12.8 L/yr - ₹16.4 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Magna International

Software Engineer Salary
(64 salaries)
unlock blur
₹5 L/yr - ₹13 L/yr
Senior Software Engineer Salary
(38 salaries)
unlock blur
₹7 L/yr - ₹27.32 L/yr
Lead Engineer Salary
(15 salaries)
unlock blur
₹13.5 L/yr - ₹21 L/yr
Software Development Engineer Salary
(4 salaries)
unlock blur
₹10.5 L/yr - ₹12 L/yr
Team Lead Salary
(3 salaries)
unlock blur
₹10.73 L/yr - ₹17.38 L/yr
System Engineer Salary
(3 salaries)
unlock blur
₹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.

read more
  • Job security - Excellent
    • +3 more

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.

read more
  • Skill development - Excellent
    • +2 more

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.

read more
  • Salary - Bad
    • +1 more

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.

  • Skill development - Good
    • +3 more

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.

read more
  • Salary - Poor
    • +2 more

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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
    • +6 more

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.

  • Skill development - Excellent
    • +3 more

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.

read more
  • Salary - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All
Salary Discussions, Hike & Promotions
1w (edited)
kirayagami1
Verified Icon
·
works at
TCS
Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
0%
Option 2
0%
89 participants . expiring in 2d
Got a question about Magna International?
Ask anonymously on communities.
More about working at Magna International

Magna International Software Developer Salary FAQs

What is the salary of Software Developer at Magna International in Bangalore / Bengaluru?
The average salary of a Software Developer at Magna International in Bangalore / Bengaluru typically ranges from ₹7.1 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Software Developer in Bangalore / Bengaluru at Magna International earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Software Developer Salaries at Magna International 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 4 Magna International employees in India.
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 in Bangalore / Bengaluru typically ranges from ₹94,033 to ₹96,562 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹16.5 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 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magna International for Software Developer in India?
Bosch ₹9.2 Lakhs to ₹23.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.
What is the salary of a Software Developer in companies similar to Magna International in Bangalore / Bengaluru?
The salary of a Software Developer at companies similar to Magna International in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Continental ₹4.7 Lakhs to ₹20.0 Lakhs per year
Continental Automotive Components ₹4.2 Lakhs to ₹16.3 Lakhs per year
Autoliv ₹5.1 Lakhs to ₹10.0 Lakhs per year
Valeo ₹4.0 Lakhs to ₹9.4 Lakhs per year
Nexteer Automotive ₹4.5 Lakhs to ₹6.4 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 Magna International in Bangalore / Bengaluru?
The salary growth for a Software Developer at Magna International in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Developer in Bangalore / Bengaluru can expect the following growth trajectory at Magna International:

Experience Average Salary Range
2 years ₹9.7 Lakhs to ₹12.3 Lakhs per year
3 years ₹11.2 Lakhs to ₹14.4 Lakhs per year
4 years ₹12.8 Lakhs to ₹16.4 Lakhs per year
5 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
and so on.

Tell us how to improve this page.

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