Magna International Intern Salaries by 4 Employees (Updated 2024)

0 - 1 year exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

31% more than the average Intern Salary in Auto Components Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Intern Salary Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
Login to view exact salary
Research & Development Intern Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 21 Aug 2023

Companies similar to Magna International for Intern

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Intern Salary Fresher (3 salaries)	₹1 L/yr - ₹2 L/yr 68% less
Tata Motors Intern Salary 0 - 1 year exp. (16 salaries)	₹1 L/yr - ₹3 L/yr 52% less
Login to view exact salary
Mahindra & Mahindra Intern Salary 0 - 1 year exp. (3 salaries)	₹1.4 L/yr - ₹2 L/yr 62% less
Ashok Leyland Intern Salary Fresher (4 salaries)	₹1 L/yr - ₹7 L/yr 35% less
TVS Motor Intern Salary 0 - 1 year exp. (5 salaries)	₹1 L/yr - ₹8 L/yr 29% less
Hero MotoCorp Intern Salary Fresher (5 salaries)	₹1 L/yr - ₹5 L/yr 53% less
Maruti Suzuki Intern Salary Fresher (11 salaries)	₹1 L/yr - ₹5 L/yr 59% less
Bajaj Auto Intern Salary 0 - 1 year exp. (5 salaries)	₹1 L/yr - ₹3.4 L/yr 29% less
Eicher Motors Intern Salary 0 - 3 years exp. (4 salaries)	₹1 L/yr - ₹7 L/yr 33% less
Bosch Intern Salary 0 - 2 years exp. (29 salaries)	₹1 L/yr - ₹8.1 L/yr 10% less
Continental Automotive Components Intern Salary 0 - 2 years exp. (15 salaries)	₹1 L/yr - ₹7 L/yr 30% less
Login to view exact salary
Aptiv Intern Salary 0 - 1 year exp. (12 salaries)	₹1 L/yr - ₹8.5 L/yr 27% more
Autoliv Intern Salary 0 - 1 year exp. (12 salaries)	₹1.5 L/yr - ₹4 L/yr 36% less
Knorr-Bremse Intern Salary 0 - 1 year exp. (8 salaries)	₹0.9 L/yr - ₹5.5 L/yr 37% less
Faurecia Intern Salary 0 - 3 years exp. (7 salaries)	₹1.5 L/yr - ₹2.2 L/yr 58% less
Continental Intern Salary 0 - 2 years exp. (4 salaries)	₹2.1 L/yr - ₹4.4 L/yr 12% less
Michelin Intern Salary 1 - 2 years exp. (4 salaries)	₹2.7 L/yr - ₹3 L/yr 38% less

Intern salary at Magna International ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Intern salaries

Last Updated: 21 Aug 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.5 L/yr - ₹5 L/yr
Login to view exact salary
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr

Similar Designation salaries in Magna International

Technical Lead Salary

(47 salaries)

₹16.5 L/yr - ₹46.37 L/yr

Senior Engineer Salary

(88 salaries)

₹4.2 L/yr - ₹14.1 L/yr

System Engineer Salary

(19 salaries)

₹5.13 L/yr - ₹20.44 L/yr

Devops Engineer Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Software Engineer Salary

(93 salaries)

₹4.2 L/yr - ₹13.54 L/yr

Project Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.7 L/yr

Technology Analyst Salary

(AmbitionBox Estimate)

₹8.4 L/yr - ₹10.7 L/yr

Software Developer Salary

(24 salaries)

₹5.5 L/yr - ₹16.5 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Magna International?

Ask anonymously on communities.

Magna International Intern Salary FAQs

What is the salary of Intern at Magna International?

Intern salary at Magna International in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for less than 1 year of experience. According to our estimates it is 31% more than the average Intern Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International India.

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

The average salary of a Intern at Magna International is 31% more than the average salary of a Intern in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Intern in India?

Aptiv Intern Salary - ₹1.0 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Intern in companies similar to Magna International in India?

Bosch Intern Salary - ₹1.0 Lakhs to ₹8.1 Lakhs per year
Continental Intern Salary - ₹2.1 Lakhs to ₹4.4 Lakhs per year
TVS Motor Intern Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Auto Intern Salary - ₹1.0 Lakhs to ₹3.4 Lakhs per year
Continental Automotive Components Intern Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Intern at Magna International in India?

The estimated take-home salary of a Intern at Magna International ranges between ₹34,761 per month to ₹36,005 per month in India. The take-home salary calculation is based on the average Magna International Intern salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Intern at Magna International?

According to AmbitionBox, 67% of the Magna International Interns reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Intern Salaries by Location

Home >
Salaries >
Magna International Salaries >
Magna International Intern Salaries

Magna International Intern salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.