Magneto IT Solutions Mumbai Software Developer Salaries by 2 Employees (Updated 2025)

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₹4 Lakhs - ₹5.1 Lakhs

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Last Updated: 1 Jan 2024

Companies similar to Magneto IT Solutions for Software Developer in Mumbai

Magneto IT Solutions Software Developer Salary

1 year exp. (AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Primus Global Technologies Software Developer Salary 3 - 5 years exp. (4 salaries)	₹3.7 L/yr - ₹9.5 L/yr 79% more
3Di Systems Software Developer Salary 2 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 16% less
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TCS Software Developer Salary 0 - 9 years exp. (1.4k salaries)	₹2 L/yr - ₹9.8 L/yr 45% more
Capgemini Software Developer Salary 0 - 8 years exp. (357 salaries)	₹3.1 L/yr - ₹14.4 L/yr 80% more
Accenture Software Developer Salary 0 - 9 years exp. (309 salaries)	₹3.7 L/yr - ₹15 L/yr 96% more	1 job opening

Software Developer salary at Magneto IT Solutions ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Magneto IT Solutions.

Salary related reviews for Magneto IT Solutions

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

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.

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.

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.

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.

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 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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Magneto IT Solutions Software Developer Salary FAQs

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

According to AmbitionBox, 100% of the Magneto IT Solutions Software Developers in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Magneto IT Solutions Software Developer Salaries in Mumbai

Magneto IT Solutions Software Developer salary in Mumbai ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Magneto IT Solutions.