Upload Button Icon Add office photos
filter salariesFilter salaries by

Magnaquest Technologies Software Developer salaries in Hyderabad / Secunderabad

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹5.2 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

58% less than the average Software Developer Salary in Software Product Companies for 0 - 3 years of experience

Interested in this particular role?

Last Updated: 13 Nov 2024

Companies similar to Magnaquest Technologies for Software Developer in Hyderabad / Secunderabad

Logo
Magnaquest Technologies Software Developer Salary

0 - 3 years exp. (25 salaries)

unlock blur

₹3 L/yr - ₹5.2 L/yr

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

1 - 5 years exp. (40 salaries)

unlock blur

₹2.5 L/yr - ₹8 L/yr

arrow icon 15% more
unlock blur

₹2.4 L/yr - ₹6.6 L/yr

arrow icon 10% less
Logo
TCS Software Developer Salary

0 - 8 years exp. (4.3k salaries)

unlock blur

₹3.8 L/yr - ₹14 L/yr

arrow icon 116% more
Logo
Cognizant Software Developer Salary

0 - 9 years exp. (1.7k salaries)

unlock blur

₹2 L/yr - ₹20.3 L/yr

arrow icon 150% more
Logo
Wipro Software Developer Salary

0 - 8 years exp. (1.6k salaries)

unlock blur

₹2.2 L/yr - ₹18.3 L/yr

arrow icon 125% more
Software Developer salary at Magnaquest Technologies ranges between ₹3 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 25 latest salaries received from various employees of Magnaquest Technologies.

Latest annual salaries shared by Magnaquest Technologies Software Developer in Hyderabad / Secunderabad

4mo ago
₹5 Lakhs
1 year exp.
1y ago
₹4 Lakhs
8 months exp.

Experience wise Magnaquest Technologies Software Developer salaries in Hyderabad / Secunderabad

Last Updated: 13 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹3.3 L/yr - ₹4.2 L/yr
1 year  (7 salaries)

unlock blur

₹3 L/yr - ₹5 L/yr
2 years  (11 salaries)

unlock blur

₹3 L/yr - ₹4.3 L/yr
3 years  (5 salaries)

unlock blur

₹3.5 L/yr - ₹5.2 L/yr

Similar Designation salaries in Magnaquest Technologies

unlock blur
₹3.9 L/yr - ₹9 L/yr
unlock blur
₹2.7 L/yr - ₹7.1 L/yr
unlock blur
₹3.35 L/yr - ₹10.71 L/yr
Team Lead Salary
(7 salaries)
unlock blur
₹5.95 L/yr - ₹14.5 L/yr
Technical Lead Salary
(6 salaries)
unlock blur
₹8.5 L/yr - ₹30 L/yr
unlock blur
₹4 L/yr - ₹6.6 L/yr
Java Developer Salary
(4 salaries)
unlock blur
₹3 L/yr - ₹3.6 L/yr

Salary related reviews for Magnaquest Technologies

1.4

Rated by 6 employees for salary & benefits

Engineering - Software & QA Department

4.0
  •  posted on 06 Sep 2018

2.0
 for  Salary and Benefits

Likes

Fantastic company to work with for freshers. you will get lot of opportunity to learn and grow but one will have to compromise on compensation. It’s below market standard. But I believe compensation is one which freshers should not be worried about but the amount of learning one get is more important. Nice colleagues, good manager’s. I would recommend it to freshers.

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary/ appraisals

  • Salary - Poor

Engineering - Software & QA Department

2.0
  •  posted on 28 Oct 2019

1.0
 for  Salary and Benefits

Likes

Work environment and colleagues are good but management is too worst.they won't process salary on time.we have to beg them for our salary.

read more

Dislikes

We are working for them.they have to pay us.this is commonsense.but they don't have.

  • Salary - Bad
  • +5 more

Engineering - Software & QA Department

4.0
  •  posted on 26 Feb 2019

3.0
 for  Salary and Benefits

Likes

We can have lot of opportunity to learn and there is no restriction like dress code we can come to office in casuals and we can interact with any other team without restrictions and good work life balance and good guidance from seniors

read more
  • Job security - Excellent
  • +2 more

Dislikes

The salary is delayed by 1 month

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

I've had the pleasure of working at Magnaquest for the past few months, and it was truly been a transformative experience. The company fosters a culture of innovation and collaboration, which makes everyday exciting. From the start, I was welcomed into a supportive environment where my ideas were valued. The Leadership team is approachable and genuinely invested in employee development. They Provide ample opportunities for professional growth through training programs and mentorship. This place has an excellent work-life balance. My ability to work remotely and have flexible work hours has helped me balance my personal obligations with my productivity.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 18 Oct 2024

4.0
 for  Salary and Benefits

Likes

I have been working with MQ for past 5 years. I have learnt a lot over these years and it has helped me incline in my career path. The team is really supportive and dedicated towards work. Good work place with good environment.

read more
  • Salary - Good
  • +5 more

Dislikes

There are no team building activities. Some times it gets boring

see more salary related reviews

Discover interview dos and don'ts from real experiences

Magnaquest Technologies Software Developer Salary FAQs

What is the salary of Software Developer at Magnaquest Technologies in Hyderabad / Secunderabad?
The average salary of a Software Developer at Magnaquest Technologies in Hyderabad / Secunderabad typically ranges from ₹3.0 Lakhs to ₹5.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Developer in Hyderabad / Secunderabad at Magnaquest Technologies earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Software Developer Salaries at Magnaquest Technologies 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 20+ Magnaquest Technologies employees in India.
What is the estimated take home salary of a Software Developer at Magnaquest Technologies in Hyderabad / Secunderabad?
The estimated take-home salary of a Software Developer at Magnaquest Technologies in Hyderabad / Secunderabad typically ranges from ₹30,659 to ₹31,963 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from Fresher to 3 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 20+ salaries received from various employees of Magnaquest Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magnaquest Technologies for Software Developer in India?
Cognizant ₹2.0 Lakhs to ₹20.3 Lakhs per year
Wipro ₹2.2 Lakhs to ₹18.3 Lakhs per year
TCS ₹3.8 Lakhs to ₹14.0 Lakhs per year
Acuvate Software ₹2.5 Lakhs to ₹8.0 Lakhs per year

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

Tecnics Integration Technologies ₹2.4 Lakhs to ₹6.6 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 Magnaquest Technologies in Hyderabad / Secunderabad?
The salary growth for a Software Developer at Magnaquest Technologies in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Developer in Hyderabad / Secunderabad can expect the following growth trajectory at Magnaquest Technologies:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹4.2 Lakhs per year
1 year ₹3.0 Lakhs to ₹5.0 Lakhs per year
2 years ₹3.0 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.5 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

Magnaquest Technologies Software Developer salary in Hyderabad / Secunderabad ranges between ₹3 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Magnaquest Technologies latest salaries received from various employees of Magnaquest Technologies.