Tech stack : Java and related technologies
Relevant/Overall exp : 9 years
Company : JPMC
Location : Mumbai
Date Of Offer : 15th May 2021
Division : Corporate and Investment banking.
Title : Associate
Grade : 602
Role : Software engineer
CTC : Fixed 26 lpa + variable bonus
Joining bonus : 0
Other non-monetory benefits.

I feel JPMC has lowballed(paying less than its standards) me. Is my belief correct?