Education: Bachelors in CS from NIT
Years of Experience: 3.8
Date of the Offer: Febraury 2019
Company: Microsoft
Title/Level: L61 (SDE 2)
Location: Hyderabad
Salary: 25,00,000 INR
Signing Bonus: 200000 INR for fist year and 100000 INR for second Year
Performance Bonus : Target 20% , Avg 10% (~250000)
Stock bonus: $45k (~3200000 over four years)
Total comp (Salary + Bonus + Stock): ~3750000

Can anybody suggest if there is any chance of negotiation ?
Also do they give L62 position for this much of experience ?