Magnaquest Technologies Software Engineer Salaries by 50+ Employees (Updated 2025)

0 - 3 years exp.

₹2.7 Lakhs - ₹7.1 Lakhs

Salary of majority employees

42% less than the average Software Engineer Salary in Software Product Companies for 0 - 3 years of experience

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Last Updated: 20 Mar 2025

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Software Engineer salary at Magnaquest Technologies ranges between ₹2.7 Lakhs to ₹7.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 57 latest salaries received from various employees of Magnaquest Technologies.

Experience wise Magnaquest Technologies Software Engineer salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹3 L/yr - ₹5 L/yr
1 year (18 salaries)	₹2.7 L/yr - ₹6.4 L/yr
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2 years (22 salaries)	₹3 L/yr - ₹7.1 L/yr
3 years (9 salaries)	₹4.2 L/yr - ₹7.1 L/yr

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Salary related reviews for Magnaquest Technologies

4.3

Rated by 13 employees for salary & benefits

Senior Software Engineer in Hyderabad / Secunderabad

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.

Skill development - Good

+4 more

Dislikes

Salary/ appraisals

Salary - Poor

ASP.NET MVC Developer in Hyderabad / Secunderabad

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.

Dislikes

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

Salary - Bad

+5 more

DOT NET Developer

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

Job security - Excellent

+2 more

Dislikes

The salary is delayed by 1 month

Lead Generation Executive in Hyderabad / Secunderabad

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.

Salary - Good

+6 more

Dislikes

Nothing

Inside Sales Executive in Hyderabad / Secunderabad

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.

Salary - Good

+5 more

Dislikes

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magnaquest Technologies Software Engineer Salary FAQs

What is the salary of Software Engineer at Magnaquest Technologies ?

The average salary of a Software Engineer at Magnaquest Technologies in India typically ranges from ₹2.7 Lakhs to ₹7.1 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Engineer at Magnaquest Technologies earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Software Engineer 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 50+ Magnaquest Technologies employees in India.

What is the estimated take home salary of a Software Engineer at Magnaquest Technologies in India?

The estimated take-home salary of a Software Engineer at Magnaquest Technologies in India typically ranges from ₹36,893 to ₹38,104 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹7.1 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 50+ 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 Engineer in India?

BrowserStack	₹12.0 Lakhs to ₹28.0 Lakhs per year
Happay	₹13.1 Lakhs to ₹30.0 Lakhs per year
Soroco	₹7.5 Lakhs to ₹26.0 Lakhs per year
RGBSI	₹6.4 Lakhs to ₹25.0 Lakhs per year
Bottomline	₹8.8 Lakhs to ₹25.0 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 Engineer in companies similar to Magnaquest Technologies in India?

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

Fleetx.io	₹12.8 Lakhs to ₹16.2 Lakhs per year
Pramata Knowledge Solutions	₹9.0 Lakhs to ₹17.0 Lakhs per year
Bravura Solutions	₹5.4 Lakhs to ₹14.0 Lakhs per year
Aurigo	₹5.0 Lakhs to ₹14.5 Lakhs per year
AppViewX	₹4.5 Lakhs to ₹13.6 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 Engineer at Magnaquest Technologies in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹5.0 Lakhs per year
1 year	₹2.7 Lakhs to ₹6.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹7.1 Lakhs per year
3 years	₹4.2 Lakhs to ₹7.1 Lakhs per year

and so on.

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Magnaquest Technologies Software Engineer Salaries

Magnaquest Technologies Software Engineer salary in India ranges between ₹2.7 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Magnaquest Technologies latest salaries received from various employees of Magnaquest Technologies.

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Magnaquest Technologies Software Engineer salaries in India (Updated 2025)

Companies similar to Magnaquest Technologies for Software Engineer

Latest annual salaries shared by Magnaquest Technologies Software Engineer

Experience wise Magnaquest Technologies Software Engineer salaries

Similar Designation salaries in Magnaquest Technologies

Salary related reviews for Magnaquest Technologies

Senior Software Engineer in Hyderabad / Secunderabad

ASP.NET MVC Developer in Hyderabad / Secunderabad

DOT NET Developer

Lead Generation Executive in Hyderabad / Secunderabad

Inside Sales Executive in Hyderabad / Secunderabad

Magnaquest Technologies Software Engineer Salary FAQs

Tell us how to improve this page.

Magnaquest Technologies Software Engineer Salaries by Location