Mahendra NextWealth IT Chennai Software Developer Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹1.3 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

77% less than the average Software Developer Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Salaries in different departments

IT & Information Security Software Developer Salary 1 - 2 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr
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Engineering - Software & QA Software Developer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹3 L/yr

Last Updated: 19 Mar 2025

Companies similar to Mahendra NextWealth IT for Software Developer in Chennai

Mahendra NextWealth IT Software Developer Salary

0 - 2 years exp. (5 salaries)

₹1.3 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
HTC Global Services Software Developer Salary 1 - 6 years exp. (159 salaries)	₹3.1 L/yr - ₹13.6 L/yr 263% more
Sify Technologies Software Developer Salary 1 - 7 years exp. (135 salaries)	₹2.4 L/yr - ₹9.3 L/yr 194% more
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Aspire Systems Software Developer Salary 1 - 6 years exp. (96 salaries)	₹3 L/yr - ₹10 L/yr 169% more
3i Infotech Software Developer Salary 1 - 6 years exp. (62 salaries)	₹2.7 L/yr - ₹8.6 L/yr 168% more
Newgen Software Technologies Software Developer Salary 0 - 4 years exp. (38 salaries)	₹3 L/yr - ₹10.6 L/yr 199% more
ITC Infotech Software Developer Salary 1 - 6 years exp. (24 salaries)	₹3 L/yr - ₹10.5 L/yr 186% more
Test Yantra Software Solutions Software Developer Salary 1 - 6 years exp. (23 salaries)	₹11.2 L/yr - ₹37.6 L/yr 1016% more
Prodapt Software Developer Salary 1 - 4 years exp. (23 salaries)	₹3 L/yr - ₹8.5 L/yr 133% more
Incedo Software Developer Salary 0 - 4 years exp. (18 salaries)	₹4.1 L/yr - ₹10 L/yr 291% more
Altimetrik Software Developer Salary 3 - 9 years exp. (16 salaries)	₹11.3 L/yr - ₹25 L/yr 711% more
Sonata Software Software Developer Salary 1 - 6 years exp. (14 salaries)	₹4 L/yr - ₹11 L/yr 245% more
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Apexon Software Developer Salary 3 - 5 years exp. (10 salaries)	₹4.2 L/yr - ₹13 L/yr 319% more
Xoriant Software Developer Salary 2 - 5 years exp. (8 salaries)	₹4.6 L/yr - ₹15.7 L/yr 413% more
Happiest Minds Technologies Software Developer Salary 1 - 6 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 200% more
CitiusTech Software Developer Salary 1 - 5 years exp. (7 salaries)	₹3.8 L/yr - ₹12.5 L/yr 311% more
Brillio Software Developer Salary 2 - 4 years exp. (3 salaries)	₹6 L/yr - ₹11.7 L/yr 315% more

Software Developer salary at Mahendra NextWealth IT ranges between ₹1.3 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Mahendra NextWealth IT.

Experience wise Mahendra NextWealth IT Software Developer salaries in Chennai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
1 year (3 salaries)	₹1.3 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Mahendra NextWealth IT

Verification Executive in Jaipur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

All over bad like, worst management about job security and employees working culture, no promotion, no salary improvement, no career growth. They are couldn't afford our employees in metro cities.

Salary - Bad

+6 more

Verification Executive in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 May 2024

1.0

for Salary and Benefits

Likes

We got a new friends there is the only good thing in the organization.

Dislikes

The organization is not treating a employee in a right way. There is no proper salary hike and no proper work life balance, because if an employee wants to take a week off he /she got a permission from the higher authority even if it is his /her own rights in every time. They treat the employees as uneducated labours.

Salary - Bad

+6 more

Operations Executive in Mallasamudram

Full Time

Data Science & Analytics Department

2.0

• posted on 20 Nov 2024

2.0

for Salary and Benefits

Likes

It seems like a company.

Dislikes

...wth, work place looks like office but they treated employees as school children. There is no salary growth. Very worst company culture and too many system trouble while working hours.

Salary - Poor

+6 more

Executive Trainee in Tiruchengode

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Jan 2022

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.On the job training is not given to new joinees.

Salary - Poor

+4 more

Verification Expert in Salem

Full Time

Other Department

2.0

• posted on 09 Dec 2021

1.0

for Salary and Benefits

Likes

It's one of the good company for freshers and every one can able crack the interview. All kind of graduates can easily get the job in this company.

Promotions - Good

Dislikes

...ce is like a college computer lab. There is a lot of work pressure and politics. Salary is too low. It's very poor for experience candidates because experience candidates also treated like a fresher . There is no career growth. Very worst management.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahendra NextWealth IT Software Developer Salary FAQs

What is the salary of Software Developer at Mahendra NextWealth IT in Chennai?

The average salary of a Software Developer at Mahendra NextWealth IT in Chennai typically ranges from ₹1.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Software Developer in Chennai at Mahendra NextWealth IT earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Software Developer Salaries at Mahendra NextWealth IT 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 5 Mahendra NextWealth IT employees in India.

What is the estimated take home salary of a Software Developer at Mahendra NextWealth IT in Chennai?

The estimated take-home salary of a Software Developer at Mahendra NextWealth IT in Chennai typically ranges from ₹15,184 to ₹16,767 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.0 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 5 salaries received from various employees of Mahendra NextWealth IT. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahendra NextWealth IT for Software Developer in India?

Test Yantra Software Solutions	₹11.2 Lakhs to ₹37.6 Lakhs per year
Altimetrik	₹11.3 Lakhs to ₹25.0 Lakhs per year
Xoriant	₹4.6 Lakhs to ₹15.7 Lakhs per year
Apexon	₹4.2 Lakhs to ₹13.0 Lakhs per year
Brillio	₹6.0 Lakhs to ₹11.7 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Mahendra NextWealth IT in Chennai?

The salary of a Software Developer at companies similar to Mahendra NextWealth IT in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CitiusTech	₹3.8 Lakhs to ₹12.5 Lakhs per year
Incedo	₹4.1 Lakhs to ₹10.0 Lakhs per year
HTC Global Services	₹3.1 Lakhs to ₹13.6 Lakhs per year
Sonata Software	₹4.0 Lakhs to ₹11.0 Lakhs per year
Happiest Minds Technologies	₹4.0 Lakhs to ₹10.0 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 Developer at Mahendra NextWealth IT in Chennai?

The salary growth for a Software Developer at Mahendra NextWealth IT in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Chennai can expect the following growth trajectory at Mahendra NextWealth IT:

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹2.2 Lakhs per year
1 year	₹1.3 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Mahendra NextWealth IT Software Developer Salaries in Chennai

Mahendra NextWealth IT Software Developer salary in Chennai ranges between ₹1.3 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahendra NextWealth IT latest salaries received from various employees of Mahendra NextWealth IT.