Magadh Precision Equipment Bhopal Design Engineer Salaries by 5 Employees

1 - 3 years exp.

₹1.8 Lakh - ₹3 Lakhs

Salary of majority employees

38% less than the average Design Engineer Salary for 1 - 3 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Magadh Precision Equipment for Design Engineer in Bhopal

Magadh Precision Equipment Design Engineer Salary

1 - 3 years exp. (5 salaries)

₹1.8 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Andritz Hydro Location India Design Engineer Salary 0 - 8 years exp. (17 salaries)	₹2.6 L/yr - ₹7.8 L/yr 127% more	1 job opening
CG Power and Industrial Solutions Design Engineer Salary 1 - 5 years exp. (17 salaries)	₹1.6 L/yr - ₹5.5 L/yr 18% more
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Tafe Motors & Tractors Design Engineer Salary 1 - 4 years exp. (13 salaries)	₹1.8 L/yr - ₹5 L/yr 13% more
Vastushilpi Projects & Consultants Design Engineer Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 38% more
Tractors and Farm Equipment Design Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹4 L/yr 19% more

Design Engineer salary at Magadh Precision Equipment ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Magadh Precision Equipment.

Experience wise Magadh Precision Equipment Design Engineer salaries in Bhopal

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Magadh Precision Equipment

Design Engineer in Dewas

Research & Development Department

4.0

• posted on 25 Aug 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology, I love the fact that i am form of a team.

Job security - Excellent

+1 more

Dislikes

... work pressure is very high, Sometime, i have work 8-10 hours straight in a day. Also they not provide salary at fix date .

Company culture - Poor

Senior Project Manager in Dewas

Project & Program Management Department

3.0

• posted on 11 Jul 2019

2.0

for Salary and Benefits

Likes

The company is open to innovations and allow to do the work in different areas which gives better learning option.

Skill development - Good

Dislikes

No value to the suggestions of an individual provided there is no training and guidance to learn for freshers.

Salary - Poor

+1 more

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Magadh Precision Equipment Design Engineer Salary FAQs

What is the salary of Design Engineer at Magadh Precision Equipment in Bhopal?

The average salary of a Design Engineer at Magadh Precision Equipment in Bhopal typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Design Engineer in Bhopal at Magadh Precision Equipment earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design Engineer Salaries at Magadh Precision Equipment can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Magadh Precision Equipment employees in India.

What is the estimated take home salary of a Design Engineer at Magadh Precision Equipment in Bhopal?

The estimated take-home salary of a Design Engineer at Magadh Precision Equipment in Bhopal typically ranges from ₹20,998 to ₹22,646 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Magadh Precision Equipment. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magadh Precision Equipment for Design Engineer in India?

Andritz Hydro Location India	₹2.6 Lakhs to ₹7.8 Lakhs per year
Vastushilpi Projects & Consultants	₹2.0 Lakhs to ₹5.0 Lakhs per year
Tractors and Farm Equipment	₹2.4 Lakhs to ₹4.0 Lakhs per year
CG Power and Industrial Solutions	₹1.6 Lakhs to ₹5.5 Lakhs per year
Tafe Motors & Tractors	₹1.8 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magadh Precision Equipment, depending on the role and experience level.

How the salary growth look like for a Design Engineer at Magadh Precision Equipment in Bhopal?

The salary growth for a Design Engineer at Magadh Precision Equipment in Bhopal depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Bhopal can expect the following growth trajectory at Magadh Precision Equipment:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Magadh Precision Equipment Design Engineer Salaries in Bhopal

Magadh Precision Equipment Design Engineer salary in Bhopal ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magadh Precision Equipment latest salaries received from various employees of Magadh Precision Equipment.