Monarch Tractor Backend Software Engineer Salaries by 2 Employees (Updated 2025)

1 - 2 years exp.

₹5.4 Lakhs - ₹6.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 23 Jan 2025

Companies similar to Monarch Tractor for Backend Software Engineer

Company name	Avg Annual Salary	Open Jobs
IBM Backend Software Engineer Salary 0 - 16 years exp. (7 salaries)	₹10 L/yr - ₹25 L/yr 236% more
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Infosys Backend Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 40% more
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Paytm Backend Software Engineer Salary 1 - 3 years exp. (9 salaries)	₹9.4 L/yr - ₹15.4 L/yr 118% more

Backend Software Engineer salary at Monarch Tractor ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Monarch Tractor.

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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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Monarch Tractor Backend Software Engineer Salary FAQs

How the salary growth look like for a Backend Software Engineer at Monarch Tractor in India?

The salary growth for a Backend Software Engineer at Monarch Tractor depends on factors such as experience, performance, and promotions. On average, a Backend Software Engineer can expect the following growth trajectory at Monarch Tractor:

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Monarch Tractor Backend Software Engineer Salaries

Monarch Tractor Backend Software Engineer salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Monarch Tractor.