Mahendra NextWealth IT Chennai Software Developer Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹1.3 Lakh - ₹2.5 Lakhs

Salary of majority employees

74% less than the average Software Developer Salary in IT Services & Consulting Companies for 1 - 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 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.8 L/yr

Last Updated: 8 Feb 2025

Companies similar to Mahendra NextWealth IT for Software Developer in Chennai

Mahendra NextWealth IT Software Developer Salary

1 - 2 years exp. (4 salaries)

₹1.3 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer Salary 2 - 7 years exp. (6 salaries)	₹9.3 L/yr - ₹13 L/yr 367% more
TCS Software Developer Salary 0 - 8 years exp. (2.1k salaries)	₹3 L/yr - ₹12 L/yr 247% more
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Infosys Software Developer Salary 0 - 7 years exp. (242 salaries)	₹3 L/yr - ₹12.4 L/yr 253% more	1 job opening
Wipro Software Developer Salary 0 - 8 years exp. (359 salaries)	₹2 L/yr - ₹17.3 L/yr 289% more	1 job opening
HCLTech Software Developer Salary 0 - 8 years exp. (718 salaries)	₹2.5 L/yr - ₹11.1 L/yr 228% more
Tech Mahindra Software Developer Salary 0 - 8 years exp. (360 salaries)	₹2.1 L/yr - ₹12.8 L/yr 204% more	1 job opening
HTC Global Services Software Developer Salary 2 - 7 years exp. (151 salaries)	₹3.3 L/yr - ₹10.7 L/yr 258% more
Sify Technologies Software Developer Salary 1 - 8 years exp. (143 salaries)	₹2.4 L/yr - ₹9.3 L/yr 189% more
3i Infotech Software Developer Salary 1 - 6 years exp. (71 salaries)	₹2.6 L/yr - ₹8.6 L/yr 160% more
Newgen Software Technologies Software Developer Salary 1 - 4 years exp. (38 salaries)	₹3 L/yr - ₹10.6 L/yr 215% more
ITC Infotech Software Developer Salary 1 - 6 years exp. (24 salaries)	₹3 L/yr - ₹10.5 L/yr 173% more
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Sonata Software Software Developer Salary 1 - 6 years exp. (14 salaries)	₹4 L/yr - ₹11 L/yr 236% more
Altimetrik Software Developer Salary 3 - 9 years exp. (13 salaries)	₹8 L/yr - ₹25 L/yr 582% more
Xoriant Software Developer Salary 1 - 5 years exp. (10 salaries)	₹4.6 L/yr - ₹10.4 L/yr 360% more
Happiest Minds Technologies Software Developer Salary 1 - 7 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 198% more
CitiusTech Software Developer Salary 2 - 5 years exp. (5 salaries)	₹5.3 L/yr - ₹12.5 L/yr 352% more
Clover Infotech Software Developer Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹7.6 L/yr 156% more

Software Developer salary at Mahendra NextWealth IT ranges between ₹1.3 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Mahendra NextWealth IT.

Experience wise Mahendra NextWealth IT Software Developer salaries in Chennai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.3 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahendra NextWealth IT Software Developer Salary FAQs

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

Software Developer salary at Mahendra NextWealth IT in Chennai ranges between ₹1.3 Lakhs to ₹2.5 Lakhs for experience between 1 years to 2 years. According to our estimates it is 74% less than the average Software Developer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahendra NextWealth IT Chennai.

How does the salary of a Software Developer at Mahendra NextWealth IT Chennai compare with the average salary range for this job?

The average salary of a Software Developer at Mahendra NextWealth IT is 74% less than the average salary of a Software Developer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahendra NextWealth IT to a Software Developer in Chennai?

Altimetrik Software Developer Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Software Developer Salary - ₹9.3 Lakhs to ₹13.0 Lakhs per year
Xoriant Software Developer Salary - ₹4.6 Lakhs to ₹10.4 Lakhs per year
CitiusTech Software Developer Salary - ₹5.3 Lakhs to ₹12.5 Lakhs per year
Wipro Software Developer Salary - ₹2.0 Lakhs to ₹17.3 Lakhs per year

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

HTC Global Services Software Developer Salary - ₹3.3 Lakhs to ₹10.7 Lakhs per year
Infosys Software Developer Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
TCS Software Developer Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Sonata Software Software Developer Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
HCLTech Software Developer Salary - ₹2.5 Lakhs to ₹11.1 Lakhs per year

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 ranges between ₹15,647 per month to ₹17,270 per month in Chennai. The take-home salary calculation is based on the average Mahendra NextWealth IT Software Developer salary in India which ranges between ₹1.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Mahendra NextWealth IT in Chennai?

According to AmbitionBox, 60% of the Mahendra NextWealth IT Software Developers in Chennai reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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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 ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahendra NextWealth IT latest salaries received from various employees of Mahendra NextWealth IT.