Magna International Bangalore / Bengaluru Associate Principal Engineer Salaries by Employees (Updated 2025)

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₹49.8 Lakhs - ₹55 Lakhs

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Last Updated: 13 Nov 2024

Companies similar to Magna International for Associate Principal Engineer in Bangalore / Bengaluru

Magna International Associate Principal Engineer Salary

17 years exp. (AmbitionBox Estimate)

₹49.8 L/yr - ₹55 L/yr

Company name	Avg Annual Salary	Open Jobs
Autoliv Associate Principal Engineer Salary 10 - 15 years exp. (4 salaries)	₹23 L/yr - ₹25 L/yr 55% less
Nagarro Associate Principal Engineer Salary 9 - 16 years exp. (57 salaries)	₹21 L/yr - ₹45 L/yr 34% less	20 job openings
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Toshiba Software India Associate Principal Engineer Salary 7 - 12 years exp. (32 salaries)	₹16 L/yr - ₹33 L/yr 59% less
LTIMindtree Associate Principal Engineer Salary 10 - 18 years exp. (16 salaries)	₹18.5 L/yr - ₹48 L/yr 40% less
Metric Stream Infotech Associate Principal Engineer Salary 10 - 19 years exp. (15 salaries)	₹16 L/yr - ₹27.4 L/yr 63% less

Associate Principal Engineer salary at Magna International ranges between ₹49.8 Lakhs to ₹55 Lakhs per year for employees with 17 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna International.

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Salary related reviews for Magna International

Senior Software Developer in Pune

Engineering - Software & QA Department

4.0

• posted on 14 Mar 2022

3.0

for Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

Dislikes

Company is not so keen on employee's skill development.

Senior Engineer- Maintenance in Talegaon Dabhade

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Sep 2022

1.0

for Salary and Benefits

Likes

Work- Personal life can be balanced. Fixed duty hours. Supportive superiors. On time salary. Transportation and canteen facilities are free.

Dislikes

Salary packages are not as per skills and experience. Very low salary packages as a mnc and also compair to other mnc. Salary structure is not good.

Stamping Simulation Engineer (Process Engineer) in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Jan 2024

2.0

for Salary and Benefits

Likes

Learning curve was very good at magna, there is lot of opportunities to learn and improve your skill.

Dislikes

Salary is very less competitive, I used to get less than market value I guess. Work is culture is not so good, observed partially, favorism and retaliation from the manager. Hard work is not appreciated and recognized.

Senior Test Lead in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 21 Nov 2021

1.0

for Salary and Benefits

Likes

Change in management is bringing visteon friends only.No internal growth. New joiner will be made fool with high joining salary and then as the years go by there will be no increament given.This management is know for twisting and moulding the rules.

Dislikes

Everything.no growth or oppurtunity.No increments.

Design Engineer in Pune

Full Time

Research & Development Department

5.0

• posted on 18 Jun 2020

2.0

for Salary and Benefits

Likes

Till lockdown magna provided complete salary and support.

Dislikes

Unfortunately I lost job in this corona crisis. They provided complete assistance to onrolll employees but not for all contract people. So all they lost there job.

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Salary Discussions, Hike & Promotions

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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Magna International Associate Principal Engineer Salary FAQs

What is the notice period for Associate Principal Engineer at Magna International in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the Magna International Associate Principal Engineers in Bangalore / Bengaluru reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magna International Associate Principal Engineer Salaries in Bangalore / Bengaluru

Magna International Associate Principal Engineer salary in Bangalore / Bengaluru ranges between ₹49.8 Lakhs to ₹55 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.