YOE: 3
Tier 3 college

Previous TC: 27L

Current offer:
Salary: 26.5L + 1.5L (PF)
Cash plan: 8L per year (1 year after joining)
Var Bonus: 7% (approx 2L)
Total comp (Salary + Bonus + Cash plan): 38L

Is it a good offer to consider?