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Magirsha Industries

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1.5

based on 3 Reviews

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This rating is based on a small number of reviews, so it may not fully reflect the overall employee experience.
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Magirsha Industries Junior Mechanical Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹2.1 Lakhs - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average Junior Mechanical Engineer Salary for 3 - 5 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Magirsha Industries for Junior Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Larsen & Toubro Limited Junior Mechanical Engineer Salary

0 - 7 years exp. (26 salaries)
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₹1.5 L/yr - ₹7.3 L/yr

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Reliance Industries Junior Mechanical Engineer Salary

2 - 4 years exp. (4 salaries)
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₹3 L/yr - ₹3 L/yr

arrow icon 5% more
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HCLTech Junior Mechanical Engineer Salary

0 - 3 years exp. (4 salaries)
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₹3 L/yr - ₹6.5 L/yr

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JSW Steel Junior Mechanical Engineer Salary

1 - 8 years exp. (126 salaries)
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₹2.3 L/yr - ₹4.8 L/yr

arrow icon 27% more
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Tata Steel Junior Mechanical Engineer Salary

3 - 10 years exp. (65 salaries)
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₹2.5 L/yr - ₹10.7 L/yr

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Junior Mechanical Engineer salary at Magirsha Industries ranges between ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Magirsha Industries.

Latest annual salaries shared by Magirsha Industries Junior Mechanical Engineer

1y ago
₹3.3 Lakhs
3 years exp.
1y ago
₹3.3 Lakhs
4 years exp.

Experience wise Magirsha Industries Junior Mechanical Engineer salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Magirsha Industries

Mechanical Engineer Salary
(3 salaries)
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₹2.2 L/yr - ₹3 L/yr
Quality Engineer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Magirsha Industries Junior Mechanical Engineer Salary FAQs

What is the salary of Junior Mechanical Engineer at Magirsha Industries ?
The average salary of a Junior Mechanical Engineer at Magirsha Industries in India typically ranges from ₹2.1 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Junior Mechanical Engineer at Magirsha Industries earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Junior Mechanical Engineer Salaries at Magirsha Industries 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 4 Magirsha Industries employees in India.
What is the estimated take home salary of a Junior Mechanical Engineer at Magirsha Industries in India?
The estimated take-home salary of a Junior Mechanical Engineer at Magirsha Industries in India typically ranges from ₹20,440 to ₹22,097 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Magirsha Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magirsha Industries for Junior Mechanical Engineer in India?
Tata Steel ₹2.5 Lakhs to ₹10.7 Lakhs per year
HCLTech ₹3.0 Lakhs to ₹6.5 Lakhs per year
JSW Steel ₹2.3 Lakhs to ₹4.8 Lakhs per year
Larsen & Toubro Limited ₹1.5 Lakhs to ₹7.3 Lakhs per year
Reliance Industries ₹3.0 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magirsha Industries, depending on the role and experience level.
How the salary growth look like for a Junior Mechanical Engineer at Magirsha Industries in India?
The salary growth for a Junior Mechanical Engineer at Magirsha Industries depends on factors such as experience, performance, and promotions. On average, a Junior Mechanical Engineer can expect the following growth trajectory at Magirsha Industries:

Experience Average Salary Range
3 years ₹2.2 Lakhs to ₹2.9 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

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Magirsha Industries Junior Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magirsha Industries latest salaries received from various employees of Magirsha Industries.