Education: B.Tech in Computer Science from Tier 3 College
Years of Experience: 4.9
Prior Experience: ASE at a European MNC
Date of the Offer: 1st June 2022
Company: Visa Inc.
Title/Level: Senior Software Engineer
Location: Bengaluru
Salary: Rs. 31,00000 LPA(28 fixed + 3 variable)
Relocation: one month's salary
Signing Bonus: 1 Lakh
Stock bonus: NA
Total comp (Salary + Bonus + Stock): Rs. 32,00000
Benefits: Standard Visa perks and benefits

Competing offer: 21 LPA

What you guys think of this offer? is this a lowball for my YoE ?