Market Simplified Software Engineer Level 1 Salaries by 30+ Employees (Updated 2025)

0 - 3 years exp.

₹3.2 Lakhs - ₹8.5 Lakhs

Salary of majority employees

45% less than the average Software Engineer Level 1 Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Level 1 Salary 0 - 3 years exp. (29 salaries)	₹3.2 L/yr - ₹8.6 L/yr
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BFSI, Investments & Trading Software Engineer Level 1 Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹8.2 L/yr

Last Updated: 16 Mar 2025

Companies similar to Market Simplified for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
Finicity Software Engineer Level 1 Salary 2 - 7 years exp. (17 salaries)	₹6 L/yr - ₹10.2 L/yr 60% more
OneAssist Consumer Solutions Software Engineer Level 1 Salary 1 - 4 years exp. (13 salaries)	₹10 L/yr - ₹19.3 L/yr 122% more
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CME Group Software Engineer Level 1 Salary 1 year exp. (4 salaries)	₹13 L/yr - ₹16.5 L/yr 164% more
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (604 salaries)	₹5 L/yr - ₹13.7 L/yr 77% more
FIS Software Engineer Level 1 Salary 2 - 4 years exp. (271 salaries)	₹5 L/yr - ₹12.5 L/yr 57% more

Software Engineer Level 1 salary at Market Simplified ranges between ₹3.2 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 38 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Software Engineer Level 1 salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.9 L/yr - ₹4.5 L/yr
1 year (15 salaries)	₹3.2 L/yr - ₹7.5 L/yr
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2 years (13 salaries)	₹4 L/yr - ₹8.4 L/yr
3 years (7 salaries)	₹6 L/yr - ₹11.2 L/yr

Similar Designation salaries in Market Simplified

Software Developer Salary

(32 salaries)

₹3 L/yr - ₹9.42 L/yr

Android Developer Salary

(14 salaries)

₹4.05 L/yr - ₹8.62 L/yr

IOS Developer Salary

(13 salaries)

₹3.2 L/yr - ₹9.45 L/yr

Senior Software Developer Salary

(8 salaries)

₹7.65 L/yr - ₹17.63 L/yr

IOS Application Developer Salary

(6 salaries)

₹3.5 L/yr - ₹5.7 L/yr

Mobile Application Developer Salary

(5 salaries)

₹5.75 L/yr - ₹7.5 L/yr

React Native Developer Salary

(4 salaries)

₹2.2 L/yr - ₹8.1 L/yr

Senior Application Developer Salary

(4 salaries)

₹12.5 L/yr - ₹21 L/yr

Senior IOS Developer Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for Market Simplified

2.0

Rated by 4 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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Shifting from Bangalore to Hyderabad

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Market Simplified Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Market Simplified ?

The average salary of a Software Engineer Level 1 at Market Simplified in India typically ranges from ₹3.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Engineer Level 1 at Market Simplified earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹11.2 Lakhs per year. Software Engineer Level 1 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 30+ Market Simplified employees in India.

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

The estimated take-home salary of a Software Engineer Level 1 at Market Simplified in India typically ranges from ₹41,059 to ₹42,208 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 30+ 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 Level 1 in India?

CME Group	₹13.0 Lakhs to ₹16.5 Lakhs per year
OneAssist Consumer Solutions	₹10.0 Lakhs to ₹19.3 Lakhs per year
MAQ Software	₹5.0 Lakhs to ₹13.7 Lakhs per year
Finicity	₹6.0 Lakhs to ₹10.2 Lakhs per year
FIS	₹5.0 Lakhs to ₹12.5 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.

How the salary growth look like for a Software Engineer Level 1 at Market Simplified in India?

The salary growth for a Software Engineer Level 1 at Market Simplified depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 can expect the following growth trajectory at Market Simplified:

Experience	Average Salary Range
Fresher	₹3.9 Lakhs to ₹4.5 Lakhs per year
1 year	₹3.2 Lakhs to ₹7.5 Lakhs per year
2 years	₹4.0 Lakhs to ₹8.4 Lakhs per year
3 years	₹6.0 Lakhs to ₹11.2 Lakhs per year

and so on.

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Market Simplified Software Engineer Level 1 Salaries

Market Simplified Software Engineer Level 1 salary in India ranges between ₹3.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 Market Simplified latest salaries received from various employees of Market Simplified.

Market Simplified Software Engineer Level 1 salaries in India (Updated 2025)