Monthly In-hand Salary
At par with the average Diploma Mechanical Engineer Salary in Auto Components Companies for 1 - 5 years of experience
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Companies similar to Magna International for Diploma Mechanical Engineer
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Latest annual salaries shared by Magna International Diploma Mechanical Engineer
Experience wise Magna International Diploma Mechanical Engineer salaries
Last Updated: 5 Apr 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (4 salaries) |
₹1.8
L/yr
- ₹2.5
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹1
L/yr
- ₹2.8
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹2.8
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.1
L/yr
- ₹3
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.2
L/yr
- ₹3.4
L/yr
|
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Magna International Diploma Mechanical Engineer Salary FAQs
The top 10% of Diploma Mechanical Engineer at Magna International earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Diploma Mechanical Engineer Salaries at Magna International 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 10+ Magna International employees in India.
| Amara Raja Group | ₹3.2 Lakhs to ₹3.6 Lakhs per year |
| Bridgestone | ₹2.7 Lakhs to ₹3.5 Lakhs per year |
| Bosch | ₹1.4 Lakhs to ₹3.5 Lakhs per year |
| Nexteer Automotive | ₹1.8 Lakhs to ₹4.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.
| Schaeffler India | ₹1.1 Lakhs to ₹4.2 Lakhs per year |
| Bosch Chassis Systems | ₹1.6 Lakhs to ₹3.0 Lakhs per year |
| JTEKT | ₹1.2 Lakhs to ₹3.7 Lakhs per year |
| Faurecia | ₹1.2 Lakhs to ₹2.6 Lakhs per year |
| Dana India | ₹1.5 Lakhs to ₹2.6 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.8 Lakhs to ₹2.5 Lakhs per year |
| 2 years | ₹1.0 Lakhs to ₹2.8 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹2.8 Lakhs per year |
| 4 years | ₹1.1 Lakhs to ₹3.0 Lakhs per year |
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Magna International Diploma Mechanical Engineer salary
in
India
ranges between ₹1.8
Lakh to ₹3.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
12
Magna International latest salaries received from various employees of
Magna International.