Magnetic Infotech Hyderabad / Secunderabad Software Developer Salaries by 10 Employees (Updated 2025)

1 - 4 years exp.

₹1.8 Lakh - ₹8 Lakhs

Salary of majority employees

50% less than the average Software Developer Salary for 1 - 4 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Magnetic Infotech for Software Developer in Hyderabad / Secunderabad

Magnetic Infotech Software Developer Salary

1 - 4 years exp. (10 salaries)

₹1.8 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer Salary 0 - 8 years exp. (4.1k salaries)	₹3.2 L/yr - ₹11.5 L/yr 63% more
Infosys Software Developer Salary 0 - 6 years exp. (819 salaries)	₹3 L/yr - ₹11.2 L/yr 58% more
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Wipro Software Developer Salary 0 - 8 years exp. (1.5k salaries)	₹3.4 L/yr - ₹18.4 L/yr 111% more
HCLTech Software Developer Salary 0 - 8 years exp. (630 salaries)	₹3 L/yr - ₹10.5 L/yr 65% more
Tech Mahindra Software Developer Salary 0 - 7 years exp. (1.5k salaries)	₹2 L/yr - ₹12.5 L/yr 55% more	1 job opening
LTIMindtree Software Developer Salary 0 - 6 years exp. (531 salaries)	₹3.3 L/yr - ₹14.3 L/yr 79% more
Mphasis Software Developer Salary 1 - 7 years exp. (216 salaries)	₹3.5 L/yr - ₹15 L/yr 97% more
Persistent Systems Software Developer Salary 0 - 5 years exp. (90 salaries)	₹4.2 L/yr - ₹14 L/yr 85% more
Hexaware Technologies Software Developer Salary 1 - 7 years exp. (53 salaries)	₹3.2 L/yr - ₹12.5 L/yr 67% more
HCL Infosystems Software Developer Salary 2 - 7 years exp. (14 salaries)	₹3.6 L/yr - ₹12.1 L/yr 57% more
Huawei Technologies Software Developer Salary 2 - 6 years exp. (6 salaries)	₹4 L/yr - ₹14.3 L/yr 88% more
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Software Developer salary at Magnetic Infotech ranges between ₹1.8 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Magnetic Infotech.

Experience wise Magnetic Infotech Software Developer salaries in Hyderabad / Secunderabad

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
2 years (5 salaries)	₹1.1 L/yr - ₹4.2 L/yr
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3 years (3 salaries)	₹5 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.9 L/yr

Similar Designation salaries in Magnetic Infotech

Software Engineer Salary

(9 salaries)

₹3.8 L/yr - ₹7.6 L/yr

Senior Software Engineer Salary

(4 salaries)

₹7 L/yr - ₹7.6 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magnetic Infotech Software Developer Salary FAQs

What is the salary of Software Developer at Magnetic Infotech Hyderabad / Secunderabad?

Software Developer salary at Magnetic Infotech in Hyderabad / Secunderabad ranges between ₹1.8 Lakhs to ₹8.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 50% less than the average Software Developer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Magnetic Infotech Hyderabad / Secunderabad.

How does the salary of a Software Developer at Magnetic Infotech Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Software Developer at Magnetic Infotech is 50% less than the average salary of a Software Developer in Hyderabad / Secunderabad. To know exact salary insights, login to view.

Which similar companies are paying more than Magnetic Infotech to a Software Developer in Hyderabad / Secunderabad?

Wipro Software Developer Salary - ₹3.4 Lakhs to ₹18.4 Lakhs per year
Mphasis Software Developer Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
Huawei Technologies Software Developer Salary - ₹4.0 Lakhs to ₹14.3 Lakhs per year
Persistent Systems Software Developer Salary - ₹4.2 Lakhs to ₹14.0 Lakhs per year
LTIMindtree Software Developer Salary - ₹3.3 Lakhs to ₹14.3 Lakhs per year

What is the salary of a Software Developer in companies similar to Magnetic Infotech in Hyderabad / Secunderabad?

Hexaware Technologies Software Developer Salary - ₹3.2 Lakhs to ₹12.5 Lakhs per year
HCLTech Software Developer Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
TCS Software Developer Salary - ₹3.2 Lakhs to ₹11.5 Lakhs per year
Infosys Software Developer Salary - ₹3.0 Lakhs to ₹11.2 Lakhs per year
HCL Infosystems Software Developer Salary - ₹3.6 Lakhs to ₹12.1 Lakhs per year

What is the estimated take home salary of a Software Developer at Magnetic Infotech in Hyderabad / Secunderabad?

The estimated take-home salary of a Software Developer at Magnetic Infotech ranges between ₹32,087 per month to ₹33,371 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Magnetic Infotech Software Developer salary in India which ranges between ₹1.8 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Magnetic Infotech in Hyderabad / Secunderabad?

According to AmbitionBox, 67% of the Magnetic Infotech Software Developers in Hyderabad / Secunderabad reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Magnetic Infotech Software Developer Salaries in Hyderabad / Secunderabad

Magnetic Infotech Software Developer salary in Hyderabad / Secunderabad ranges between ₹1.8 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Magnetic Infotech latest salaries received from various employees of Magnetic Infotech.