Magnit Senior Software Engineer Salaries by Employees (Updated 2025)

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₹17.1 Lakhs - ₹21.9 Lakhs

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Last Updated: 9 Nov 2024

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Senior Software Engineer salary at Magnit ranges between ₹17.1 Lakhs to ₹21.9 Lakhs per year for employees with 12 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magnit.

Similar Designation salaries in Magnit

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹23 L/yr - ₹29.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Salary related reviews for Magnit

4.0

Rated by 1 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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Magnit Senior Software Engineer Salary FAQs

What is the notice period for Senior Software Engineer at Magnit?

According to AmbitionBox, 100% of the Magnit Senior Software Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magnit Senior Software Engineer Salaries

Magnit Senior Software Engineer salary in India ranges between ₹17.1 Lakhs to ₹21.9 Lakhs. This is an estimate based on latest salaries received from employees of Magnit.