Likes
The company is open to innovation and readily adopts latest technology, I love the fact that i am form of a team.
Annual salary range
1 - 8 years exp.
₹1.8
Lakh - ₹4
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary44% less than the average Design Engineer Salary for 1 - 8 years of experience
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Salaries in different departments
Research & Development
Design Engineer Salary
1 - 8
years
exp.
(7
salaries)
|  ₹1.8 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Production, Manufacturing & Engineering
Design Engineer Salary
1 - 5
years
exp.
(4
salaries)
| ₹2.4 L/yr - ₹3.4 L/yr |
Companies similar to Magadh Precision Equipment for Design Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Magna International Design Engineer Salary
1 - 7 years exp. (102 salaries) | ₹2.6 L/yr - ₹12 L/yr 
166%
more | 1 job opening |
 Sulzer Design Engineer Salary
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74%
more | |
Login to view exact salary
| ||
 Knorr-Bremse Design Engineer Salary
1 - 6 years exp. (65 salaries) | ₹2.3 L/yr - ₹9.5 L/yr
109%
more | |
 Kirloskar Pneumatic Design Engineer Salary
2 - 5 years exp. (38 salaries) | ₹1.5 L/yr - ₹5.5 L/yr
32%
more | |
 Gestamp Design Engineer Salary
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47%
more | |
 Texmo Industries Design Engineer Salary
1 - 10 years exp. (26 salaries) | ₹1.8 L/yr - ₹7.9 L/yr
86%
more | |
 Delta Electronics Design Engineer Salary
2 - 8 years exp. (26 salaries) | ₹3.3 L/yr - ₹7.4 L/yr
106%
more | 1 job opening |
 Hero Motors Company Design Engineer Salary
0 - 10 years exp. (24 salaries) | ₹4 L/yr - ₹12 L/yr
161%
more | |
 R.S. Infraprojects Design Engineer Salary
1 - 6 years exp. (18 salaries) | ₹2.6 L/yr - ₹6 L/yr
56%
more | |
 Gandhi Automations Design Engineer Salary
1 - 8 years exp. (17 salaries) | ₹2.9 L/yr - ₹6.7 L/yr
71%
more | |
 Bajaj Motors Design Engineer Salary
0 - 3 years exp. (9 salaries) | ₹1.7 L/yr - ₹2.6 L/yr 
23%
less | |
Login to view exact salary
| ||
 Shivam Autotech Design Engineer Salary
1 - 5 years exp. (8 salaries) | ₹1.8 L/yr - ₹6 L/yr
1%
more | |
 Sintex-bapl Design Engineer Salary
0 - 6 years exp. (6 salaries) | ₹2.5 L/yr - ₹3.5 L/yr
10%
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 Hi Tech Gears Design Engineer Salary
1 - 5 years exp. (5 salaries) | ₹3 L/yr - ₹4.6 L/yr
32%
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 FCC Clutch Design Engineer Salary
1 - 6 years exp. (5 salaries) | ₹2.8 L/yr - ₹5 L/yr
44%
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 Aisin Automotive Haryana Design Engineer Salary
0 - 2 years exp. (5 salaries) | ₹3.6 L/yr - ₹4.1 L/yr
41%
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 Okaya Power Design Engineer Salary
1 - 8 years exp. (4 salaries) | ₹2.7 L/yr - ₹4.8 L/yr
26%
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 Vadilal Industries Design Engineer Salary
2 - 4 years exp. (3 salaries) | ₹2 L/yr - ₹3.6 L/yr
10%
less | |
 Ukb Electronics Design Engineer Salary
4 - 7 years exp. (3 salaries) | ₹3.2 L/yr - ₹5.8 L/yr
56%
more | |
 TVS Electronics Design Engineer Salary
2 - 4 years exp. (3 salaries) | ₹4 L/yr - ₹15 L/yr
178%
more | |
Design Engineer salary at Magadh Precision Equipment ranges between ₹1.8
Lakh
to ₹4
Lakhs
per year for employees with experience between 1 year to 8 years. Salary
estimates are based on
13 latest salaries received
from various employees of Magadh Precision Equipment.
Latest annual salaries shared by Magadh Precision Equipment Design Engineer
3mo ago
1
year
exp.
8mo ago
5
years
exp.
9mo ago
4
years
exp.
1y ago
4
years
exp.
1y ago
8
years
exp.
1y ago
5
years
exp.
1y ago
6
years
exp.
1y ago
3
years
exp.
1y ago
1
year
exp.
1y ago
2
years
exp.
Experience wise Magadh Precision Equipment Design Engineer salaries
Last Updated: 17 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (3 salaries) |
₹1.8
L/yr
- ₹3
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹3
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹4.9
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹4
L/yr
|
View all
Similar Designation salaries in Magadh Precision Equipment
Salary related reviews for Magadh Precision Equipment
Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Magadh Precision Equipment Design Engineer Salary FAQs
What is the salary of Design Engineer at Magadh Precision Equipment?
Design Engineer salary at Magadh Precision Equipment in India ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 44% less than the average Design Engineer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Magadh Precision Equipment India.
How does the salary of a Design Engineer at Magadh Precision Equipment India compare with the average salary range for this job?
The average salary of a Design Engineer at Magadh Precision Equipment is 44% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magadh Precision Equipment to a Design Engineer in India?
- TVS Electronics Design Engineer Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
- Magna International Design Engineer Salary - ₹2.6 Lakhs to ₹12.0 Lakhs per year
- Hero Motors Company Design Engineer Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
- Knorr-Bremse Design Engineer Salary - ₹2.3 Lakhs to ₹9.5 Lakhs per year
- Delta Electronics Design Engineer Salary - ₹3.3 Lakhs to ₹7.4 Lakhs per year
What is the salary of a Design Engineer in companies similar to Magadh Precision Equipment in India?
- Texmo Industries Design Engineer Salary - ₹1.8 Lakhs to ₹7.9 Lakhs per year
- Sulzer Design Engineer Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year
- Gandhi Automations Design Engineer Salary - ₹2.9 Lakhs to ₹6.7 Lakhs per year
- R.S. Infraprojects Design Engineer Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
- Ukb Electronics Design Engineer Salary - ₹3.2 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Design Engineer at Magadh Precision Equipment in India?
The estimated take-home salary of a Design Engineer at Magadh Precision Equipment ranges between ₹20,034 per month to ₹21,697 per month in India. The take-home salary calculation is based on the average Magadh Precision Equipment Design Engineer salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Design Engineer at Magadh Precision Equipment?
According to AmbitionBox, 78% of the Magadh Precision Equipment Design Engineers reported a notice period of 1 Month, 22% reported a notice period of 15 days or less.This is based on 9 responses on AmbitionBox in last 2 years.
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Magadh Precision Equipment Design Engineer Salaries by Location
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Magadh Precision Equipment Design Engineer salary
in
India
ranges between ₹1.8
Lakh to ₹4
Lakhs with an average annual salary of
₹. Salary estimates are based on
13
Magadh Precision Equipment latest salaries received from various employees of
Magadh Precision Equipment.