Currently have offers for Cisco and MorganStanley
Currently working at an IB in Mumbai.

YOE: 3.5years
Current comp : 19 fixed

Cisco
Designation: Software Engineer, L8
Base: 28.6
Location: Bangalore
Variable bonus (based on performance): 3.24
Benefits: Standard Cisco benefits

Morgan Stanley
Designation: Manager
Base: 28.6
Joining Bonus: 2L
Variable bonus(based on performance): 3-4L
Benefits: Standard Morgan Stanley benefits

Other details: Currently staying in Mumbai, would it be worth it to relocate to Bangalore for the same pay?
Is it advisable to accept one of these offers and continue looking for a higher paying role in my notice?