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

1 - 3 years exp.

₹3.5 Lakhs - ₹4.9 Lakhs

Salary of majority employees

48% less than the average Software Developer Salary in IT Services & Consulting Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Developer Salary 2 years exp. (5 salaries)	₹3.5 L/yr - ₹4.6 L/yr
Login to view exact salary
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 in Pune

Magneto IT Solutions Software Developer Salary

1 - 3 years exp. (12 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
StraViso Software Developer Salary 2 - 6 years exp. (18 salaries)	₹4 L/yr - ₹9 L/yr 61% more
Fidel Softech Software Developer Salary 0 - 4 years exp. (14 salaries)	₹2 L/yr - ₹7 L/yr 15% more
Login to view exact salary
3Di Systems Software Developer Salary 1 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹7.5 L/yr 9% more
Findability Sciences Software Developer Salary 1 - 4 years exp. (5 salaries)	₹5.6 L/yr - ₹7.1 L/yr 31% more
Symtrax Software Software Developer Salary 1 - 4 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 11% less
Aryavrat Infotech Software Developer Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 45% less

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 12 latest salaries received from various employees of Magneto IT Solutions.

Experience wise Magneto IT Solutions Software Developer salaries in Pune

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹8 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

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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2w (edited)

a social media specialist

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 salary of Software Developer at Magneto IT Solutions Pune?

Software Developer salary at Magneto IT Solutions in Pune ranges between ₹3.5 Lakhs to ₹4.9 Lakhs for experience between 1 years to 3 years. According to our estimates it is 48% less than the average Software Developer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Magneto IT Solutions Pune.

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

The average salary of a Software Developer at Magneto IT Solutions is 48% less than the average salary of a Software Developer in Pune. 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 Pune.

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

StraViso Software Developer Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Findability Sciences Software Developer Salary - ₹5.6 Lakhs to ₹7.1 Lakhs per year
Fidel Softech Software Developer Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
3Di Systems Software Developer Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year

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

Symtrax Software Software Developer Salary - ₹3.8 Lakhs to ₹4.0 Lakhs per year
Aryavrat Infotech Software Developer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Software Developer at Magneto IT Solutions ranges between ₹33,245 per month to ₹34,511 per month in Pune. 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 in Pune?

According to AmbitionBox, 67% of the Magneto IT Solutions Software Developers in Pune reported a notice period of 15 days or less, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Magneto IT Solutions Software Developer Salaries in Pune

Magneto IT Solutions Software Developer salary in Pune ranges between ₹3.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Magneto IT Solutions latest salaries received from various employees of Magneto IT Solutions.