Magneto IT Solutions Software Developer Salaries by 10+ Employees (Updated 2025)

1 - 3 years exp.

₹3.5 Lakhs - ₹4.9 Lakhs

Salary of majority employees

44% less than the average Software Developer Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 - 2 years exp. (7 salaries)	₹3.5 L/yr - ₹4.6 L/yr
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Research & Development Software Developer Salary 2 - 3 years exp. (5 salaries)	₹4.3 L/yr - ₹4.8 L/yr

Last Updated: 17 Jul 2024

Companies similar to Magneto IT Solutions for Software Developer

Company name	Avg Annual Salary	Open Jobs
Primus Global Technologies Software Developer Salary 2 - 6 years exp. (43 salaries)	₹3.5 L/yr - ₹12 L/yr 92% more
StraViso Software Developer Salary 3 - 6 years exp. (20 salaries)	₹4.2 L/yr - ₹11 L/yr 85% more
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3Di Systems Software Developer Salary 1 - 5 years exp. (17 salaries)	₹2.2 L/yr - ₹8.5 L/yr 24% more
Fidel Softech Software Developer Salary 0 - 6 years exp. (17 salaries)	₹2 L/yr - ₹7.5 L/yr 28% more
Rawcubes India Software Developer Salary 1 - 3 years exp. (9 salaries)	₹3.6 L/yr - ₹10 L/yr 21% more
Aryavrat Infotech Software Developer Salary 0 - 2 years exp. (8 salaries)	₹1 L/yr - ₹4 L/yr 45% less
Hostment Software Developer Salary 2 - 4 years exp. (8 salaries)	₹3.3 L/yr - ₹6.7 L/yr 17% more
InfoDesk Software Developer Salary 3 - 5 years exp. (7 salaries)	₹5 L/yr - ₹7.9 L/yr 42% more
CGS Software Developer Salary 0 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹8.3 L/yr 36% more
Findability Sciences Software Developer Salary 1 - 3 years exp. (7 salaries)	₹3.8 L/yr - ₹7.1 L/yr 26% more
Vensai Technologies Software Developer Salary 1 - 3 years exp. (7 salaries)	₹1.1 L/yr - ₹5.5 L/yr 25% less
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Open Systems International Software Developer Salary 3 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹11.5 L/yr 82% more
Liferay Software Developer Salary 0 - 3 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 102% more
Commerce Pundit Software Developer Salary 0 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹9 L/yr 37% more
Symtrax Software Software Developer Salary 1 - 3 years exp. (5 salaries)	₹3.8 L/yr - ₹4 L/yr 11% less
QNAP Systems Software Developer Salary 0 - 1 year exp. (4 salaries)	₹3.9 L/yr - ₹6 L/yr 1% more
CSI Interfusion India Software Developer Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 21% more
Pilog Software Developer Salary 1 - 7 years exp. (3 salaries)	₹4.2 L/yr - ₹22 L/yr 172% more

Software Developer salary at Magneto IT Solutions ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 14 latest salaries received from various employees of Magneto IT Solutions.

Experience wise Magneto IT Solutions Software Developer salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.5 L/yr - ₹7.9 L/yr
2 years (9 salaries)	₹3.5 L/yr - ₹4.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.8 L/yr

Salary related reviews for Magneto IT Solutions

1.0

Rated by 2 employees for salary & benefits

Software Developer in Pune

Engineering - Software & QA Department

1.0

• posted on 20 Dec 2021

1.0

for Salary and Benefits

Likes

Salary on time. Final option for fresher but avoid if possible

Dislikes

Unprofessional management. Low salary. No benefits. Very long working hours. Sometimes working on weekend also. No job security, they will fire you because manager don't like you even if your performance is good

Salary - Bad

+6 more

Senior Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

There is nothing to like here.

Dislikes

If you are fresher just don't join here. They pay less no job security at all. Their HR takes WFH whenever she needs but denies WFH to people in need. They don't even a proper internet connection. Look for something else instead of this company.

Salary - Bad

+6 more

Associate in Pune

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 06 Mar 2024

2.0

for Salary and Benefits

Likes

You can learn some basic things, nothing else.

Dislikes

...operative, you can't trust anyone. A lot of politics happens on the floor. The Management is always behind cutting the salary of employees. Salary is not justified with the work. Regarding the policy they actually have employer centric p If you want appraisal you have to sign a bond again, and this policy they will only disclose at the time of your appraisal. So I think you are getting how they trap people 😅 So if you want to sacrifice your mental peace, family life, and health. Please join this company your wish will be definitely full filled.

Salary - Poor

+5 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

5.0

• posted on 19 Apr 2024

5.0

for Salary and Benefits

Likes

Working with such excellent company has been an unforgeable experience. There were helpful co-workers who helped me while I was having trouble. Working with amazing team was another wonderful experience.

Salary - Excellent

+6 more

Dislikes

I haven't had any problem as I mentioned I worked with great team

Digital Marketing Lead in Ahmedabad

Full Time

Marketing & Communication Department

5.0

• posted on 28 Apr 2023

5.0

for Salary and Benefits

Likes

As the Digital Marketing Lead at Magneto IT Solutions, I proudly say that Magneto has been the first company of my career, and I am glad I got to experience it. I have completed seven years of enriching professional journey with team MIS. My overall experience is excellent. Undoubtedly Magneto is the best place to kickstart your career.

Salary - Excellent

+6 more

Dislikes

While my experience at Magneto IT Solutions has been overwhelmingly positive, I haven't encountered any significant cons that come to mind.

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Magneto IT Solutions Software Developer Salary FAQs

What is the salary of Software Developer at Magneto IT Solutions?

Software Developer salary at Magneto IT Solutions in India ranges between ₹3.5 Lakhs to ₹4.9 Lakhs for experience between 1 years to 3 years. According to our estimates it is 44% less than the average Software Developer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Magneto IT Solutions India.

How does the salary of a Software Developer at Magneto IT Solutions India compare with the average salary range for this job?

The average salary of a Software Developer at Magneto IT Solutions is 44% less than the average salary of a Software Developer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Software Developer at Magneto IT Solutions?

Javascript, Swift, PHP, Java and Objective C are some of the popular skills required to work as a Software Developer at Magneto IT Solutions India.

Which similar companies are paying more than Magneto IT Solutions to a Software Developer in India?

Pilog Software Developer Salary - ₹4.2 Lakhs to ₹22.0 Lakhs per year
Liferay Software Developer Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Primus Global Technologies Software Developer Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
StraViso Software Developer Salary - ₹4.2 Lakhs to ₹11.0 Lakhs per year
Open Systems International Software Developer Salary - ₹4.8 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Software Developer in companies similar to Magneto IT Solutions in India?

InfoDesk Software Developer Salary - ₹5.0 Lakhs to ₹7.9 Lakhs per year
Commerce Pundit Software Developer Salary - ₹3.4 Lakhs to ₹9.0 Lakhs per year
CGS Software Developer Salary - ₹1.8 Lakhs to ₹8.3 Lakhs per year
Fidel Softech Software Developer Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year
Findability Sciences Software Developer Salary - ₹3.8 Lakhs to ₹7.1 Lakhs per year

What is the estimated take home salary of a Software Developer at Magneto IT Solutions in India?

The estimated take-home salary of a Software Developer at Magneto IT Solutions ranges between ₹33,089 per month to ₹34,357 per month in India. The take-home salary calculation is based on the average Magneto IT Solutions Software Developer salary in India which ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Magneto IT Solutions?

According to AmbitionBox, 73% of the Magneto IT Solutions Software Developers reported a notice period of 15 days or less, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Magneto IT Solutions Software Developer Salaries

Magneto IT Solutions Software Developer salary in India ranges between ₹3.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Magneto IT Solutions latest salaries received from various employees of Magneto IT Solutions.