Magnetic Infotech Software Engineer Salaries by 9 Employees (Updated 2025)

2 - 9 years exp.

₹3.8 Lakhs - ₹7.6 Lakhs

Salary of majority employees

26% less than the average Software Engineer Salary for 2 - 9 years of experience

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Last Updated: 13 Aug 2024

Companies similar to Magnetic Infotech for Software Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 7 years exp. (22.7k salaries)	₹3 L/yr - ₹10.5 L/yr 7% more
Infosys Software Engineer Salary 0 - 6 years exp. (5.6k salaries)	₹2.9 L/yr - ₹11 L/yr 10% more
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Wipro Software Engineer Salary 0 - 8 years exp. (13.9k salaries)	₹2 L/yr - ₹15.4 L/yr 35% more	4 job openings
HCLTech Software Engineer Salary 0 - 6 years exp. (22.5k salaries)	₹1.2 L/yr - ₹8 L/yr 26% less
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (26.3k salaries)	₹2 L/yr - ₹9 L/yr 4% less
LTIMindtree Software Engineer Salary 0 - 6 years exp. (16.1k salaries)	₹2 L/yr - ₹10 L/yr 4% less	1 job opening
Mphasis Software Engineer Salary 0 - 6 years exp. (6.2k salaries)	₹2 L/yr - ₹11 L/yr 1% less	1 job opening
Persistent Systems Software Engineer Salary 0 - 4 years exp. (4.3k salaries)	₹2.5 L/yr - ₹9.4 L/yr At par
Hexaware Technologies Software Engineer Salary 0 - 5 years exp. (2.9k salaries)	₹2 L/yr - ₹10 L/yr 4% less
Huawei Technologies Software Engineer Salary 1 - 4 years exp. (384 salaries)	₹2.6 L/yr - ₹10 L/yr 7% less
HCL Infosystems Software Engineer Salary 0 - 5 years exp. (195 salaries)	₹2 L/yr - ₹9.2 L/yr 18% less
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Cogoport Software Engineer Salary 0 - 2 years exp. (95 salaries)	₹7 L/yr - ₹19.7 L/yr 108% more
Marelli Software Engineer Salary 1 - 4 years exp. (49 salaries)	₹4.5 L/yr - ₹12.7 L/yr 27% more
JioMart Software Engineer Salary 1 - 5 years exp. (7 salaries)	₹7.5 L/yr - ₹28.6 L/yr 182% more
Grab A Grub Services Software Engineer Salary 1 - 5 years exp. (6 salaries)	₹3.7 L/yr - ₹12.5 L/yr 15% more
Lea Associates South Asia Software Engineer Salary 2 - 4 years exp. (4 salaries)	₹5.8 L/yr - ₹10 L/yr 15% more
Exotic Learning Software Engineer Salary 0 - 5 years exp. (4 salaries)	₹5 L/yr - ₹27 L/yr 89% more
UTL Solar Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹4.6 L/yr - ₹12 L/yr 59% more	1 job opening

Software Engineer salary at Magnetic Infotech ranges between ₹3.8 Lakhs to ₹7.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Magnetic Infotech.

Experience wise Magnetic Infotech Software Engineer salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.9 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.2 L/yr
5 years (3 salaries)	₹5.4 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Magnetic Infotech

Senior Software Engineer Salary

(4 salaries)

₹7 L/yr - ₹7.55 L/yr

Software Developer Salary

(10 salaries)

₹1.8 L/yr - ₹7.98 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Plsql Developer Salary

(3 salaries)

₹4.2 L/yr - ₹11.6 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 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 Engineer Salary FAQs

What is the salary of Software Engineer at Magnetic Infotech?

Software Engineer salary at Magnetic Infotech in India ranges between ₹3.8 Lakhs to ₹7.6 Lakhs for experience between 2 years to 9 years. According to our estimates it is 26% less than the average Software Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Magnetic Infotech India.

How does the salary of a Software Engineer at Magnetic Infotech India compare with the average salary range for this job?

The average salary of a Software Engineer at Magnetic Infotech is 26% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnetic Infotech to a Software Engineer in India?

JioMart Software Engineer Salary - ₹7.5 Lakhs to ₹28.6 Lakhs per year
Cogoport Software Engineer Salary - ₹7.0 Lakhs to ₹19.7 Lakhs per year
Exotic Learning Software Engineer Salary - ₹5.0 Lakhs to ₹27.0 Lakhs per year
UTL Solar Software Engineer Salary - ₹4.6 Lakhs to ₹12.0 Lakhs per year
Wipro Software Engineer Salary - ₹2.0 Lakhs to ₹15.4 Lakhs per year

What is the salary of a Software Engineer in companies similar to Magnetic Infotech in India?

Marelli Software Engineer Salary - ₹4.5 Lakhs to ₹12.7 Lakhs per year
Grab A Grub Services Software Engineer Salary - ₹3.7 Lakhs to ₹12.5 Lakhs per year
Lea Associates South Asia Software Engineer Salary - ₹5.8 Lakhs to ₹10.0 Lakhs per year
Infosys Software Engineer Salary - ₹2.9 Lakhs to ₹11.0 Lakhs per year
TCS Software Engineer Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Software Engineer at Magnetic Infotech in India?

The estimated take-home salary of a Software Engineer at Magnetic Infotech ranges between ₹46,375 per month to ₹47,474 per month in India. The take-home salary calculation is based on the average Magnetic Infotech Software Engineer salary in India which ranges between ₹3.8 Lakhs to ₹7.6 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Magnetic Infotech?

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

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Magnetic Infotech Software Engineer Salaries

Magnetic Infotech Software Engineer salary in India ranges between ₹3.8 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Magnetic Infotech latest salaries received from various employees of Magnetic Infotech.