Magzter Software Engineer Salaries by 10+ Employees (Updated 2025)

0 - 2 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

48% less than the average Software Engineer Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Last Updated: 11 Jan 2025

Companies similar to Magzter for Software Engineer

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Software Engineer salary at Magzter ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 12 latest salaries received from various employees of Magzter.

Experience wise Magzter Software Engineer salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
1 year (7 salaries)	₹3.3 L/yr - ₹5.5 L/yr
Login to view exact salary
2 years (4 salaries)	₹3 L/yr - ₹6.5 L/yr

Similar Designation salaries in Magzter

System Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Software Engineer Salary

(10 salaries)

₹7.2 L/yr - ₹20 L/yr

Software Developer Salary

(5 salaries)

₹3 L/yr - ₹7 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Team Lead Salary

(3 salaries)

₹4.7 L/yr - ₹6.5 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Lead Salary

(3 salaries)

₹11.2 L/yr - ₹16 L/yr

Salary related reviews for Magzter

3.0

Rated by 1 employees for salary & benefits

Senior Operations Manager in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 31 Jan 2022

5.0

for Salary and Benefits

Likes

Employees are given full freedom to work and to express their thoughts even to the management. We have a wonderful work-life balance at Magzter and a great place to have career growth. Great team, support, and helpful in all aspects. We have wonderful Intra and Inter department coordination in the workplace. Employees are given Health insurance, Maternity, Paternity, and Gratuity for the tenured staff. Instant appreciation is given to the employees with the employee engagement platforms and also by the bosses in several instances. A company's open culture allows the employee to know about the company better by conducting regular Townhall meetings with all the employees. This is one of the best companies I have ever seen or heard which gave appraisals for the employees during the pandemic time. Employees are being happy, they are running the extra mile to keep the company number 1 in the market.

Salary - Excellent

+6 more

Dislikes

There is no negative about the company or any persons at the office. Best place to grow in your career if you have the right attitude and ambition.

Senior Manager - Publisher Relationships in Chennai

Engineering - Software & QA Department

5.0

• posted on 31 Aug 2021

5.0

for Salary and Benefits

Likes

Magzter is not just a company, it's a family now not only for me anyone who really take up the company's product as their own product and travel with the company then the company will turn as a family for them. Great potential for the product, miles to go way further in adding value to the product and intense care from the founders & HR over the employee's personal life keeps me to work here for the last 8 years without jumping anywhere despite of various offers. The vision of the company is crystal clear, the motto of my work is well obvious, the appreciation, acknowledgment, recognition keeps me to successfully travel along with the company and wish to keep work for Magzter and to be in the vital part of many more successful achievements in the coming years.

Salary - Excellent

+6 more

Dislikes

Not really, if I have to say something maybe I can say kindly bring back Birthday leave policy, anniversary leave policy and that's it.

CUS in Chennai

Customer service Department

1.0

• posted on 09 Oct 2019

1.0

for Salary and Benefits

Likes

Except few people many are selfish and the CEOs will fire you just like that without prior notice.

Dislikes

No one will encourage you, even your teammates. But they will corner you for somevreason so that they can survive in their position.

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Magzter Software Engineer Salary FAQs

What is the salary of Software Engineer at Magzter ?

The average salary of a Software Engineer at Magzter in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Software Engineer at Magzter earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Software Engineer Salaries at Magzter can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Magzter employees in India.

What is the estimated take home salary of a Software Engineer at Magzter in India?

The estimated take-home salary of a Software Engineer at Magzter in India typically ranges from ₹32,510 to ₹33,787 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Magzter. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magzter for Software Engineer in India?

WinZO	₹15.0 Lakhs to ₹36.0 Lakhs per year
OneDirect (India)	₹16.0 Lakhs to ₹25.0 Lakhs per year
Entropik Tech	₹13.4 Lakhs to ₹25.0 Lakhs per year
Ivanti	₹11.0 Lakhs to ₹22.0 Lakhs per year
Get my Parking	₹10.0 Lakhs to ₹16.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magzter, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to Magzter in India?

The salary of a Software Engineer at companies similar to Magzter in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SigTuple	₹7.0 Lakhs to ₹15.0 Lakhs per year
LimeTray	₹8.0 Lakhs to ₹11.3 Lakhs per year
TestVagrant	₹5.0 Lakhs to ₹14.0 Lakhs per year
Neebal Technologies	₹3.8 Lakhs to ₹15.5 Lakhs per year
Blackstraw AI	₹5.0 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Engineer at Magzter in India?

The salary growth for a Software Engineer at Magzter depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at Magzter:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹7.8 Lakhs per year
1 year	₹3.3 Lakhs to ₹5.5 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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Magzter Software Engineer Salaries

Magzter Software Engineer salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Magzter latest salaries received from various employees of Magzter.