Education: Tier 2, non-CS (IT)
Years of Experience: 10 years
Prior Experience: Good product based company
Current CTC: ~70 lakh
Date of the offer: 2025
Company: Microsoft
Title/Level: SSE L64
Location: Hyderabad
Base Salary: 60L (employer PF included)
Signing Bonus: 8L (1st year) + 3L (2nd year)
RSU: $100K for 4 years
Perf Bonus: Upto 30% of base, considering average 15% ~ 9L
Benefits: Standard MS benefits like car lease policy, food coupons etc
Total comp for 1 st year: ~98 lakh

Question - I am being lowballed ? I have been reading other L64 offers, it seem they are on higher side. Can someone clarify ? Can I negotiate on this offer as I am yet to accept it ?