Magnit Salaries by 30+ Employees (Updated 2025)

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Customer Success, Service & Operations Engineering - Software & QA Finance & Accounting Human Resources

Designation	Avg Annual Salary	Open Jobs
Analyst 1 - 4 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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Client Services Consultant 8 - 10 years exp. (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
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DevOps Manager 13 - 14 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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Talent Acquisition Consultant 8 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Senior Data Analyst 4 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Project Coordinator 11 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Team Lead 8 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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Senior Team Leader 9 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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Lead Software Engineer 17 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹29.4 L/yr
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Senior Operations Manager 18 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Senior Software Engineer 12 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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Program Specialist 3 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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Junior Assistant 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Client Specialist 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Inbound Manager 1 year exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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Production Support Analyst 8 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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Client Support Representative 7 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Employment Verification Specialist 8 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Financial Operations Analyst 10 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Mobile Product Manager 3 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Salary related reviews for Magnit

4.0

Rated by 15 employees for salary & benefits

Client Services Consultant in Bangalore / Bengaluru

Full Time

Human Resources Department

2.0

• posted on 15 Feb 2023

3.0

for Salary and Benefits

Likes

Magnit Pays well when you join. However do not expect good hike later.

Dislikes

Worst Vendor Management System(WAND) in the industry. Plenty of bugs and unnecessary complexity. Despite the designations, there are few employees in India who influence decision making significantly. Tenure at Magnit will be pleasant only if you succeed in getting in to their good books (Even if you report to someone outside India). Most of the decisions are biased and not transparent. There is no dedicated in house HR team for India.

Skill development - Bad

+5 more

Accounting Support II in Chennai

Contractual

Other Department

5.0

• posted on 17 Oct 2024

4.0

for Salary and Benefits

Likes

It's good company to work. We can work and collaborate with team for any issues and company also will take care of all employees. Taking care of employees travelling for secure journey and we'll protection to female employee with guard during the travelling. Compare to other companies it's 200% good for learning and team collaborations, entertainment and all areas.

Salary - Good

+5 more

Dislikes

Only issue is they appointed as externals for 6 months. I suggested to secure the job because all are doing work for generating money but after this 6 months no surety for job. Then we need to search job and its difficult now a days. So pls appoint the external employees as permanent position because their thoughts is always 6 month.

Job security - Poor

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Magnit Salary FAQs

What is the minimum salary in Magnit?

Minimum salary at Magnit depends on the role you are applying for. For Employment Verification Specialist the minimum salary is ₹2.7 Lakhs to ₹3.5 Lakhs per year, and for Senior UI UX and Web Designer the minimum salary is ₹3.6 Lakhs to ₹4.6 Lakhs per year and so on.

What is the notice period at Magnit?

According to AmbitionBox, 43% of the Magnit employees reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.