Magna International Diploma Mechanical Engineer Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹1.8 Lakh - ₹3.4 Lakhs

Salary of majority employees

At par with the average Diploma Mechanical Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Last Updated: 5 Apr 2024

Companies similar to Magna International for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Diploma Mechanical Engineer Salary 0 - 3 years exp. (23 salaries)	₹1.2 L/yr - ₹3 L/yr 16% less
Tata Motors Diploma Mechanical Engineer Salary 0 - 6 years exp. (154 salaries)	₹1.1 L/yr - ₹5.2 L/yr 4% less
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Mahindra & Mahindra Diploma Mechanical Engineer Salary 1 - 5 years exp. (153 salaries)	₹1.1 L/yr - ₹4.3 L/yr 2% more
Ashok Leyland Diploma Mechanical Engineer Salary 1 - 5 years exp. (62 salaries)	₹1 L/yr - ₹5.5 L/yr 4% less
TVS Motor Diploma Mechanical Engineer Salary 1 - 6 years exp. (120 salaries)	₹1.2 L/yr - ₹4.2 L/yr 9% less
Hero MotoCorp Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹1 L/yr - ₹4 L/yr 4% less
Maruti Suzuki Diploma Mechanical Engineer Salary 0 - 6 years exp. (30 salaries)	₹1.2 L/yr - ₹5.5 L/yr 16% more
Bajaj Auto Diploma Mechanical Engineer Salary 0 - 6 years exp. (109 salaries)	₹1.2 L/yr - ₹4.8 L/yr 8% more
Eicher Motors Diploma Mechanical Engineer Salary 1 - 3 years exp. (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr 12% less
Force Motors Diploma Mechanical Engineer Salary 0 - 5 years exp. (35 salaries)	₹1.5 L/yr - ₹4.1 L/yr 2% more
JTEKT Diploma Mechanical Engineer Salary 0 - 5 years exp. (42 salaries)	₹1.2 L/yr - ₹3.7 L/yr 15% less
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Bosch Chassis Systems Diploma Mechanical Engineer Salary 1 - 4 years exp. (38 salaries)	₹1.6 L/yr - ₹3 L/yr 5% less
Bosch Diploma Mechanical Engineer Salary 1 - 6 years exp. (35 salaries)	₹1.3 L/yr - ₹3.5 L/yr 10% more
Tenneco Diploma Mechanical Engineer Salary 0 - 4 years exp. (26 salaries)	₹1.5 L/yr - ₹3.5 L/yr 4% less
Faurecia Diploma Mechanical Engineer Salary 0 - 6 years exp. (13 salaries)	₹1.2 L/yr - ₹2.6 L/yr 13% less
Nexteer Automotive Diploma Mechanical Engineer Salary 1 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹4.8 L/yr 2% less
Yazaki Diploma Mechanical Engineer Salary 0 - 5 years exp. (9 salaries)	₹1.4 L/yr - ₹2.3 L/yr 27% less
Knorr-Bremse Diploma Mechanical Engineer Salary 1 - 5 years exp. (7 salaries)	₹2.4 L/yr - ₹3.2 L/yr 16% more
DENSO Diploma Mechanical Engineer Salary 1 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹2.2 L/yr 19% less
Amara Raja Group Diploma Mechanical Engineer Salary 2 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹3.6 L/yr 38% more

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Diploma Mechanical Engineer salary at Magna International ranges between ₹1.8 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Magna International.

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
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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

Similar Designation salaries in Magna International

Mechanical Engineer Salary

(11 salaries)

₹1.2 L/yr - ₹5.75 L/yr

Electrical Engineer Salary

(16 salaries)

₹5.89 L/yr - ₹18.38 L/yr

Senior Electrical Engineer Salary

(4 salaries)

₹8.85 L/yr - ₹30.8 L/yr

Maintenance Engineer Salary

(31 salaries)

₹1 L/yr - ₹7.5 L/yr

Senior Engineer Salary

(91 salaries)

₹4.2 L/yr - ₹16.5 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Production Engineer Salary

(83 salaries)

₹1.45 L/yr - ₹5.5 L/yr

Project Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.7 L/yr

Assistant Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.8 L/yr

Salary related reviews for Magna International

Rated by 1 employees for salary & benefits

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.

Skill development - Excellent

+2 more

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.

Salary - Bad

+1 more

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.

Skill development - Good

+3 more

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.

Salary - Poor

+2 more

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.

Salary - Bad

+6 more

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.

Skill development - Excellent

+3 more

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.

Salary - Poor

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2023

5.0

for Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

Salary - Excellent

+6 more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Magna International Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Magna International?

Diploma Mechanical Engineer salary at Magna International in India ranges between ₹1.8 Lakhs to ₹3.4 Lakhs for experience between 1 years to 5 years. According to our estimates it is 3% less than the average Diploma Mechanical Engineer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Magna International India.

How does the salary of a Diploma Mechanical Engineer at Magna International India compare with the average salary range for this job?

The average salary of a Diploma Mechanical Engineer at Magna International is 3% less than the average salary of a Diploma Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Diploma Mechanical Engineer in India?

Amara Raja Group Diploma Mechanical Engineer Salary - ₹3.2 Lakhs to ₹3.6 Lakhs per year
Bridgestone Diploma Mechanical Engineer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Maruti Suzuki Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year
Knorr-Bremse Diploma Mechanical Engineer Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year
Bosch Diploma Mechanical Engineer Salary - ₹1.3 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Diploma Mechanical Engineer in companies similar to Magna International in India?

Bajaj Auto Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹4.8 Lakhs per year
Mahindra & Mahindra Diploma Mechanical Engineer Salary - ₹1.1 Lakhs to ₹4.3 Lakhs per year
Force Motors Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹4.1 Lakhs per year
Nexteer Automotive Diploma Mechanical Engineer Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
Hero MotoCorp Diploma Mechanical Engineer Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Diploma Mechanical Engineer at Magna International in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Magna International ranges between ₹17,661 per month to ₹19,359 per month in India. The take-home salary calculation is based on the average Magna International Diploma Mechanical Engineer salary in India which ranges between ₹1.8 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Diploma Mechanical Engineer at Magna International?

According to AmbitionBox, 63% of the Magna International Diploma Mechanical Engineers reported a notice period of 1 Month, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Magna International Diploma Mechanical Engineer Salaries

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.