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Magna International Diploma Mechanical Engineer salaries in India

Annual salary range
1 - 5 years exp.
₹1.8 Lakh - ₹3.4 Lakhs
Salary of majority employees
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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
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₹1.2 L/yr - ₹3 L/yr

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Tata Motors Diploma Mechanical Engineer Salary

0 - 6 years exp. (162 salaries)

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₹1.1 L/yr - ₹5.2 L/yr

arrow icon 1% less
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₹1 L/yr - ₹4 L/yr

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₹1 L/yr - ₹5.5 L/yr

arrow icon 4% less
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TVS Motor Diploma Mechanical Engineer Salary

1 - 5 years exp. (122 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 14% less
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₹1 L/yr - ₹4 L/yr

arrow icon 4% less
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 17% more
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Bajaj Auto Diploma Mechanical Engineer Salary

0 - 6 years exp. (114 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 11% more
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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 12% less
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₹1.5 L/yr - ₹4 L/yr

arrow icon 2% less
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JTEKT Diploma Mechanical Engineer Salary

0 - 5 years exp. (41 salaries)

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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 15% less
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₹1.6 L/yr - ₹2.6 L/yr

arrow icon 8% less
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Bosch Diploma Mechanical Engineer Salary

1 - 6 years exp. (35 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 10% more
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Tenneco Diploma Mechanical Engineer Salary

0 - 4 years exp. (27 salaries)

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₹1.5 L/yr - ₹3.3 L/yr

arrow icon 11% less
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Faurecia Diploma Mechanical Engineer Salary

0 - 6 years exp. (13 salaries)

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₹1.2 L/yr - ₹2.6 L/yr

arrow icon 13% less
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Yazaki Diploma Mechanical Engineer Salary

0 - 5 years exp. (9 salaries)

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₹1.4 L/yr - ₹2.3 L/yr

arrow icon 27% less
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₹1.5 L/yr - ₹3.4 L/yr

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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 16% more
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DENSO Diploma Mechanical Engineer Salary

1 - 3 years exp. (6 salaries)

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₹1.9 L/yr - ₹2.2 L/yr

arrow icon 19% less
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₹3.2 L/yr - ₹3.6 L/yr

arrow icon 38% more
View all
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.

Latest annual salaries shared by Magna International Diploma Mechanical Engineer

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Experience wise Magna International Diploma Mechanical Engineer salaries

Last Updated: 5 Apr 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.8 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.4 L/yr

Similar Designation salaries in Magna International

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₹1.5 L/yr - ₹5.75 L/yr
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₹4.76 L/yr - ₹16.41 L/yr
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₹8.85 L/yr - ₹30.8 L/yr
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₹1 L/yr - ₹7.5 L/yr
Senior Engineer Salary
(102 salaries)
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₹4.2 L/yr - ₹14.03 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
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₹1.45 L/yr - ₹5.5 L/yr
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₹4 L/yr - ₹4.7 L/yr
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₹2 L/yr - ₹3.8 L/yr

Salary related reviews for Magna International

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Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Bad
    +1 more

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.

read more
  • Salary - Poor
    +2 more

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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
    +6 more

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.

read more
  • Salary - Poor

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

read more
  • Salary - Excellent
    +6 more

Dislikes

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

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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
  • Bajaj Auto Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Diploma Mechanical Engineer in companies similar to Magna International in India?
  • Bosch Diploma Mechanical Engineer Salary - ₹1.3 Lakhs to ₹3.5 Lakhs per year
  • Mahindra & Mahindra Diploma Mechanical Engineer Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
  • Tata Motors Diploma Mechanical Engineer Salary - ₹1.1 Lakhs to ₹5.2 Lakhs per year
  • Dana India Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹3.4 Lakhs per year
  • Force Motors Diploma Mechanical Engineer Salary - ₹1.5 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.

Tell us how to improve this page.

Magna International Diploma Mechanical Engineer salary in India ranges between ₹1.8 Lakh to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Magna International latest salaries received from various employees of Magna International.