Market Simplified Software Developer 1 Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Software Developer 1 Salary in Financial Services Companies for 0 - 3 years of experience

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Last Updated: 31 Jan 2025

Companies similar to Market Simplified for Software Developer 1

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer 1 Salary 1 - 5 years exp. (215 salaries)	₹2.6 L/yr - ₹10 L/yr 19% more
Infosys Software Developer 1 Salary 0 - 3 years exp. (33 salaries)	₹2.5 L/yr - ₹8.5 L/yr 20% more
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Wipro Software Developer 1 Salary 0 - 3 years exp. (73 salaries)	₹2 L/yr - ₹7.9 L/yr 7% less
HCLTech Software Developer 1 Salary 0 - 4 years exp. (87 salaries)	₹2.5 L/yr - ₹8 L/yr 5% less
Tech Mahindra Software Developer 1 Salary 1 - 3 years exp. (33 salaries)	₹3 L/yr - ₹6.5 L/yr 8% less
LTIMindtree Software Developer 1 Salary 1 - 3 years exp. (38 salaries)	₹3.7 L/yr - ₹7.4 L/yr 16% more
Mphasis Software Developer 1 Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹8.5 L/yr 24% more
Persistent Systems Software Developer 1 Salary 0 - 2 years exp. (12 salaries)	₹4.5 L/yr - ₹8 L/yr 29% more
Hexaware Technologies Software Developer 1 Salary 2 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 24% more

Software Developer 1 salary at Market Simplified ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Software Developer 1 salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr

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₹22.8 L/yr - ₹29.1 L/yr

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₹12.25 L/yr - ₹29 L/yr

Salary related reviews for Market Simplified

3.0

Rated by 2 employees for salary & benefits

Team Lead in Chennai

Full Time

Project & Program Management Department

5.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

MSIL is a great company for learning, career growth and great work culture.

Skill development - Excellent

+5 more

Dislikes

The recent issue on salary crisis has decreased the company growth. The salary is delayed and provided on random dates like 10th, 15 TH of each month for a prolonged period of more than a year. No transparency for the reason of salary delay to the company cofounders from the board of directors. Now the company work culture is also not good after the resignation of cofounders. CHRO of the company spoils the company culture and growth leading many good employees to resign.

Salary - Bad

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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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Market Simplified Software Developer 1 Salary FAQs

What is the salary of Software Developer 1 at Market Simplified?

Software Developer 1 salary at Market Simplified in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 50% less than the average Software Developer 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Market Simplified India.

How does the salary of a Software Developer 1 at Market Simplified India compare with the average salary range for this job?

The average salary of a Software Developer 1 at Market Simplified is 50% less than the average salary of a Software Developer 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Market Simplified to a Software Developer 1 in India?

Persistent Systems Software Developer 1 Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Mphasis Software Developer 1 Salary - ₹2.8 Lakhs to ₹8.5 Lakhs per year
Hexaware Technologies Software Developer 1 Salary - ₹5.0 Lakhs to ₹6.3 Lakhs per year
Infosys Software Developer 1 Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
TCS Software Developer 1 Salary - ₹2.6 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Software Developer 1 in companies similar to Market Simplified in India?

LTIMindtree Software Developer 1 Salary - ₹3.7 Lakhs to ₹7.4 Lakhs per year
HCLTech Software Developer 1 Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
Wipro Software Developer 1 Salary - ₹2.0 Lakhs to ₹7.9 Lakhs per year
Tech Mahindra Software Developer 1 Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Software Developer 1 at Market Simplified in India?

The estimated take-home salary of a Software Developer 1 at Market Simplified ranges between ₹33,130 per month to ₹34,397 per month in India. The take-home salary calculation is based on the average Market Simplified Software Developer 1 salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Developer 1 at Market Simplified?

According to AmbitionBox, 67% of the Market Simplified Software Developer 1s reported a notice period of 2 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Market Simplified Software Developer 1 Salaries

Market Simplified Software Developer 1 salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Market Simplified latest salaries received from various employees of Market Simplified.