Market Simplified Chennai Software Engineer II Salaries by 10+ Employees (Updated 2025)

2 - 5 years exp.

₹5 Lakhs - ₹11 Lakhs

Salary of majority employees

52% less than the average Software Engineer II Salary in Financial Services Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 8 Mar 2025

Companies similar to Market Simplified for Software Engineer II in Chennai

Market Simplified Software Engineer II Salary

2 - 5 years exp. (17 salaries)

₹5 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
BA Continuum Software Engineer II Salary 5 - 12 years exp. (55 salaries)	₹11.1 L/yr - ₹25 L/yr 127% more
Bank of America Software Engineer II Salary 6 - 11 years exp. (49 salaries)	₹9 L/yr - ₹29.5 L/yr 131% more	1 job opening
Login to view exact salary
FIS Software Engineer II Salary 4 - 8 years exp. (37 salaries)	₹7 L/yr - ₹17.2 L/yr 51% more
Syncfusion Software Engineer II Salary 1 - 3 years exp. (35 salaries)	₹3.6 L/yr - ₹5 L/yr 55% less
Mr Cooper Software Engineer II Salary 1 - 6 years exp. (26 salaries)	₹7.4 L/yr - ₹11.3 L/yr 4% more

Software Engineer II salary at Market Simplified ranges between ₹5 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 17 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Software Engineer II salaries in Chennai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
3 years (6 salaries)	₹7 L/yr - ₹10.9 L/yr
Login to view exact salary
4 years (7 salaries)	₹9 L/yr - ₹10.2 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr

Similar Designation salaries in Market Simplified

Software Engineer Salary

(84 salaries)

₹3.45 L/yr - ₹11 L/yr

Senior Software Engineer Salary

(31 salaries)

₹7.2 L/yr - ₹28.16 L/yr

Software Engineer2 Salary

(11 salaries)

₹4.18 L/yr - ₹9.81 L/yr

System Engineer Salary

(8 salaries)

₹2 L/yr - ₹3.05 L/yr

Android App Developer Salary

(7 salaries)

₹5.2 L/yr - ₹7.2 L/yr

Project Lead Salary

(7 salaries)

₹11.25 L/yr - ₹22.5 L/yr

Softwaretest Engineer Salary

(6 salaries)

₹6 L/yr - ₹6.5 L/yr

React Developer Salary

(4 salaries)

₹3.8 L/yr - ₹6 L/yr

Salary related reviews for Market Simplified

1.0

Rated by 1 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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

Got a question about Market Simplified?

Ask anonymously on communities.

Market Simplified Software Engineer II Salary FAQs

What is the salary of Software Engineer II at Market Simplified in Chennai?

The average salary of a Software Engineer II at Market Simplified in Chennai typically ranges from ₹5.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Software Engineer II in Chennai at Market Simplified earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Software Engineer II Salaries at Market Simplified 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+ Market Simplified employees in India.

What is the estimated take home salary of a Software Engineer II at Market Simplified in Chennai?

The estimated take-home salary of a Software Engineer II at Market Simplified in Chennai typically ranges from ₹65,966 to ₹67,651 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 Market Simplified. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Market Simplified for Software Engineer II in India?

Bank of America	₹9.0 Lakhs to ₹29.5 Lakhs per year
BA Continuum	₹11.1 Lakhs to ₹25.0 Lakhs per year
FIS	₹7.0 Lakhs to ₹17.2 Lakhs per year
Mr Cooper	₹7.4 Lakhs to ₹11.3 Lakhs per year

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

What is the salary of a Software Engineer II in companies similar to Market Simplified in Chennai?

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

Syncfusion

₹3.6 Lakhs to ₹5.0 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 II at Market Simplified in Chennai?

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

Experience	Average Salary Range
2 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
3 years	₹7.0 Lakhs to ₹10.9 Lakhs per year
4 years	₹9.0 Lakhs to ₹10.2 Lakhs per year
5 years	₹9.5 Lakhs to ₹12.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Market Simplified Salaries >
Market Simplified Software Engineer II Salaries >
Market Simplified Software Engineer II Salaries in Chennai

Market Simplified Software Engineer II salary in Chennai ranges between ₹5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Market Simplified latest salaries received from various employees of Market Simplified.