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Fully fixed. What you see in offer letter you get that. The structure looks very good - no frill, no multiple rows, no confusions, no big talks. Basic, FBP, PF, Gratuity. Thats all.
They say they have an annual variable/ bonus component based on company/ individual performance, but that is now outside the offer letter. Earlier they had it as part of CTC. What I hear that this amount is so minimal that you should not count on it, rather spend it on a day out or weekend 🙂
Chief
Its in the range of 22-35 fixed.
Also depends on your cctc and counter offers.
Btw, what's your yoe and ctc offered for this band?