Market Simplified Chennai Software Engineer Salaries by 80+ Employees (Updated 2025)

1 - 5 years exp.

₹3 Lakhs - ₹11.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Software Engineer Salary in Financial Services Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 4 Apr 2025

Companies similar to Market Simplified for Software Engineer in Chennai

Market Simplified Software Engineer Salary

1 - 5 years exp. (87 salaries)

₹3 L/yr - ₹11.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Wolters Kluwer ELM Solutions Software Engineer Salary 1 - 7 years exp. (30 salaries)	₹4 L/yr - ₹10.5 L/yr 9% more
NASDAQ Software Engineer Salary 2 - 5 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr 94% more
Login to view exact salary
HCLTech Software Engineer Salary 0 - 5 years exp. (5.9k salaries)	₹2 L/yr - ₹7.8 L/yr 27% less	2 job openings
Tech Mahindra Software Engineer Salary 0 - 8 years exp. (2.6k salaries)	₹2 L/yr - ₹9.5 L/yr 9% less	18 job openings
Cognizant Software Engineer Salary 0 - 8 years exp. (2.4k salaries)	₹2 L/yr - ₹14.5 L/yr 20% more

Software Engineer salary at Market Simplified ranges between ₹3 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 87 latest salaries received from various employees of Market Simplified.

Latest annual salaries shared by Market Simplified Software Engineer in Chennai

6d ago

₹4.8 Lakhs

2 years exp.

1w ago

₹4.6 Lakhs

3 years exp.

3w ago

₹11.1 Lakhs

5 years exp.

1mo ago

₹4.7 Lakhs

1 year exp.

1mo ago

₹4 Lakhs

1 year exp.

1mo ago

2 years exp.

1mo ago

5 years exp.

1mo ago

4 years exp.

1mo ago

1 year exp.

1mo ago

2 years exp.

Experience wise Market Simplified Software Engineer salaries in Chennai

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
1 year (19 salaries)	₹3 L/yr - ₹7.1 L/yr
2 years (27 salaries)	₹3.7 L/yr - ₹8 L/yr
Login to view exact salary
3 years (22 salaries)	₹4 L/yr - ₹9.5 L/yr
4 years (16 salaries)	₹6 L/yr - ₹10 L/yr
5 years (3 salaries)	₹3.6 L/yr - ₹11.1 L/yr

Similar Designation salaries in Market Simplified

Senior Software Engineer Salary

(32 salaries)

₹7.2 L/yr - ₹28.16 L/yr

Software Developer Salary

(22 salaries)

₹3 L/yr - ₹10 L/yr

Senior Software Developer Salary

(8 salaries)

₹7.65 L/yr - ₹17.63 L/yr

System Engineer Salary

(8 salaries)

₹2 L/yr - ₹3.05 L/yr

Team Lead Salary

(4 salaries)

₹12.25 L/yr - ₹27 L/yr

Senior Developer Salary

(3 salaries)

₹7 L/yr - ₹8 L/yr

Top skills at Market Simplified for Software Engineer

JSON Data Structures Android Javascript GIT Java Servlets C++ Flutter XML Design Patterns Software Engineering Bootstrap JQuery HTML IOS

Salary related reviews for Market Simplified

3.0

Rated by 13 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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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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Market Simplified Software Engineer Salary FAQs

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

The average salary of a Software Engineer at Market Simplified in Chennai typically ranges from ₹3.0 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Engineer in Chennai at Market Simplified earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Software Engineer 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 80+ Market Simplified employees in India.

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

The estimated take-home salary of a Software Engineer at Market Simplified in Chennai typically ranges from ₹49,342 to ₹50,508 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 1 year 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 80+ salaries received from various employees of Market Simplified. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at Market Simplified in Chennai?

To be a Software Engineer at Market Simplified in Chennai, the key skills required include:

- JSON
- Data Structures
- Android
- Javascript
- GIT

These skills are highly valued at Market Simplified and are crucial for successful performance in a Software Engineering role.

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

NASDAQ	₹8.0 Lakhs to ₹18.0 Lakhs per year
Cognizant	₹2.0 Lakhs to ₹14.5 Lakhs per year
Wolters Kluwer ELM Solutions	₹4.0 Lakhs to ₹10.5 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.

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

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

Tech Mahindra	₹2.0 Lakhs to ₹9.5 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹7.8 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 at Market Simplified in Chennai?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹7.1 Lakhs per year
2 years	₹3.7 Lakhs to ₹8.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹9.5 Lakhs per year
4 years	₹6.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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Market Simplified Software Engineer Salaries in Chennai

Market Simplified Software Engineer salary in Chennai ranges between ₹3 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 87 Market Simplified latest salaries received from various employees of Market Simplified.