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Magna Electro Castings Electrical Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹2.7 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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36% less than the average Electrical Engineer Salary in Iron & Steel Companies for 3 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Electrical Engineer Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Research & Development
Electrical Engineer Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 14 Mar 2023

Companies similar to Magna Electro Castings for Electrical Engineer

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Jai Balaji Group Electrical Engineer Salary

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₹2.4 L/yr - ₹5 L/yr

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Jindal Stainless Electrical Engineer Salary

1 - 12 years exp. (49 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

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ESL Steel Electrical Engineer Salary

1 - 15 years exp. (19 salaries)

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SMC Power Generation Electrical Engineer Salary

0 - 11 years exp. (15 salaries)

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₹2.4 L/yr - ₹5 L/yr

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Jindal Saw Electrical Engineer Salary

2 - 17 years exp. (15 salaries)

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Bharat Wire Ropes Electrical Engineer Salary

2 - 12 years exp. (7 salaries)

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₹2.4 L/yr - ₹4.8 L/yr

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NELCAST Electrical Engineer Salary

1 - 7 years exp. (7 salaries)

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₹2.8 L/yr - ₹5 L/yr

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₹3.9 L/yr - ₹6.3 L/yr

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₹2.5 L/yr - ₹5.2 L/yr

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4 - 12 years exp. (5 salaries)

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₹2.5 L/yr - ₹4 L/yr

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₹3 L/yr - ₹14 L/yr

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Kalyani Forge Electrical Engineer Salary

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₹1.7 L/yr - ₹2.5 L/yr

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India Steel Works Electrical Engineer Salary

3 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.6 L/yr

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₹4 L/yr - ₹6 L/yr

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View all
Electrical Engineer salary at Magna Electro Castings ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Magna Electro Castings.

Latest annual salaries shared by Magna Electro Castings Electrical Engineer

2y ago
₹3 Lakhs
6 years exp.
2y ago
₹3 Lakhs
6 years exp.

Experience wise Magna Electro Castings Electrical Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Magna Electro Castings

Service Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Senior Engineer Salary
(18 salaries)
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₹3.1 L/yr - ₹7.8 L/yr
Electrical Supervisor Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹2.5 L/yr - ₹3.35 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Senior Project Engineer Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Magna Electro Castings

Quality Assurance Department

4.0
  •  posted on 11 Nov 2021

4.0
 for  Salary and Benefits

Likes

Will get salary on time of every month. Covid precautions found satisfactory. Self learning opportunities more.

read more
  • Salary - Good
  • +1 more

Dislikes

Very less promosions for long working people. Should identify skills required for the people and should promoted.

  • Promotions - Poor

Production, Manufacturing & Engineering Department

4.0
  •  posted on 13 Mar 2021

4.0
 for  Salary and Benefits

Likes

Good work environment, company policies are good, appraisal are fare, they give good salary and bonus every year

read more
  • Salary - Good
  • +3 more

Dislikes

There is a lot pressure in work, always atten meeting in our working hours can't work in on the job issues, every day work more than 10 hours

read more
see more salary related reviews

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Magna Electro Castings Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at Magna Electro Castings ?
The average salary of a Electrical Engineer at Magna Electro Castings in India typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Electrical Engineer at Magna Electro Castings earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Electrical Engineer Salaries at Magna Electro Castings 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 Magna Electro Castings employees in India.
What is the estimated take home salary of a Electrical Engineer at Magna Electro Castings in India?
The estimated take-home salary of a Electrical Engineer at Magna Electro Castings in India typically ranges from ₹21,498 to ₹23,139 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 Magna Electro Castings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magna Electro Castings for Electrical Engineer in India?
Steel Authority Of India ₹3.0 Lakhs to ₹14.0 Lakhs per year
ESL Steel ₹2.3 Lakhs to ₹9.8 Lakhs per year
JSW Steel ₹1.8 Lakhs to ₹9.0 Lakhs per year
Tata Steel ₹1.1 Lakhs to ₹10.5 Lakhs per year
Vardhman Special Steels ₹3.9 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Electro Castings, depending on the role and experience level.
What is the salary of a Electrical Engineer in companies similar to Magna Electro Castings in India?
The salary of a Electrical Engineer at companies similar to Magna Electro Castings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jindal Saw ₹4.2 Lakhs to ₹8.0 Lakhs per year
Jindal Stainless ₹2.4 Lakhs to ₹7.5 Lakhs per year
Rajratan Global Wire ₹4.0 Lakhs to ₹6.0 Lakhs per year
Electrotherm ₹2.4 Lakhs to ₹5.0 Lakhs per year
SMC Power Generation ₹2.4 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Electrical Engineer at Magna Electro Castings in India?
The salary growth for a Electrical Engineer at Magna Electro Castings depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at Magna Electro Castings:

Experience Average Salary Range
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Magna Electro Castings Electrical Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.