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Is there any job security in Wipro?
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Depends on which team and LOB and which year you’re hired I think. I personally know 602s making from 80K base + bonus to 120K base + bonus. And I’m sure it can be higher if you’re hired early last year.
When salary touches top band it won’t grow much anymore. Promotion is a totally different conversation.
602 to 603 is a team decision. As long as your MD agrees you should be one of the promoted people on the team this year you are good. So talk with you manager and then with your MD about you want it and let them tell you what’s the requirements and process of your team in terms of promotion. Once agreed on the metrics, ask for your platform with stretch opportunities and there you go.
You will not get promoted just because you are at top salary band.