Magna International Chennai IT Engineer Salaries by 4 Employees (Updated 2025)

4 - 10 years exp.

₹3 Lakhs - ₹5.4 Lakhs

Salary of majority employees

13% less than the average IT Engineer Salary in Auto Components Companies for 4 - 10 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Magna International for IT Engineer in Chennai

Magna International IT Engineer Salary

4 - 10 years exp. (4 salaries)

₹3 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS IT Engineer Salary 1 - 10 years exp. (19 salaries)	₹2.3 L/yr - ₹6.3 L/yr 55% more
Flex IT Engineer Salary 4 - 9 years exp. (13 salaries)	₹4.4 L/yr - ₹6.5 L/yr 42% more
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Maveric Systems IT Engineer Salary 1 - 7 years exp. (12 salaries)	₹3.2 L/yr - ₹5 L/yr 11% more
Enerji Systems IT Engineer Salary 2 - 8 years exp. (11 salaries)	₹2.1 L/yr - ₹4.6 L/yr 1% less
Lycatel BPO IT Engineer Salary 0 - 4 years exp. (8 salaries)	₹1.6 L/yr - ₹3.6 L/yr 44% less

IT Engineer salary at Magna International ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International IT Engineer salaries in Chennai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.4 L/yr

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Similar Designation salaries in Magna International

Deputy Manager Information Technology Salary

(3 salaries)

₹17.5 L/yr - ₹22.5 L/yr

Salary related reviews for Magna International

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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Salary Discussions, Hike & Promotions

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Magna International IT Engineer Salary FAQs

What is the salary of IT Engineer at Magna International Chennai?

IT Engineer salary at Magna International in Chennai ranges between ₹3.0 Lakhs to ₹5.4 Lakhs for experience between 4 years to 10 years. According to our estimates it is 13% less than the average IT Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International Chennai.

How does the salary of a IT Engineer at Magna International Chennai compare with the average salary range for this job?

The average salary of a IT Engineer at Magna International is 13% less than the average salary of a IT Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a IT Engineer in Chennai?

TCS IT Engineer Salary - ₹2.3 Lakhs to ₹6.3 Lakhs per year
Flex IT Engineer Salary - ₹4.4 Lakhs to ₹6.5 Lakhs per year
Maveric Systems IT Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year

What is the salary of a IT Engineer in companies similar to Magna International in Chennai?

Enerji Systems IT Engineer Salary - ₹2.1 Lakhs to ₹4.6 Lakhs per year
Lycatel BPO IT Engineer Salary - ₹1.6 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a IT Engineer at Magna International in Chennai?

The estimated take-home salary of a IT Engineer at Magna International ranges between ₹27,911 per month to ₹29,307 per month in Chennai. The take-home salary calculation is based on the average Magna International IT Engineer salary in India which ranges between ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for IT Engineer at Magna International in Chennai?

According to AmbitionBox, 100% of the Magna International IT Engineers in Chennai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magna International IT Engineer Salaries in Chennai

Magna International IT Engineer salary in Chennai ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.