I will not say its great offer...but i would also not say its a bad offer....its 50 - 50.....also confirm what other benefits you can avail from the company..i thinks its private company seeing the salary structure...so indeed you can much more other feceilities if you negotiate properly....go for housing+car+car maintenance+telephone...you will get it.....to start with i would say its fine if you get the above saids!!!