Magna International L2 Engineer Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹10 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% more than the average L2 Engineer Salary in Auto Components Companies for 3 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA L2 Engineer Salary 3 - 5 years exp. (3 salaries)	₹18 L/yr - ₹19 L/yr
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Project & Program Management L2 Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 5 Mar 2025

Companies similar to Magna International for L2 Engineer

Company name	Avg Annual Salary	Open Jobs
Lear Corporation L2 Engineer Salary 4 - 10 years exp. (8 salaries)	₹7.6 L/yr - ₹11.8 L/yr 30% less
Yazaki L2 Engineer Salary 5 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹5.2 L/yr 77% less
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Autoliv L2 Engineer Salary 5 - 9 years exp. (4 salaries)	₹5.4 L/yr - ₹8.4 L/yr 60% less
ARaymond L2 Engineer Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹4.2 L/yr 74% less
Tata Electronics L2 Engineer Salary 1 - 10 years exp. (350 salaries)	₹3 L/yr - ₹8.3 L/yr 67% less

L2 Engineer salary at Magna International ranges between ₹10 Lakhs to ₹19 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International L2 Engineer salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
4 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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5 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr

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Salary related reviews for Magna International

5.0

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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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

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Magna International L2 Engineer Salary FAQs

What is the salary of L2 Engineer at Magna International ?

The average salary of a L2 Engineer at Magna International in India typically ranges from ₹10.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of L2 Engineer at Magna International earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. L2 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 4 Magna International employees in India.

What is the estimated take home salary of a L2 Engineer at Magna International in India?

The estimated take-home salary of a L2 Engineer at Magna International in India typically ranges from ₹1,10,849 to ₹1,13,921 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 3 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a L2 Engineer in companies similar to Magna International in India?

The salary of a L2 Engineer at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lear Corporation	₹7.6 Lakhs to ₹11.8 Lakhs per year
Autoliv	₹5.4 Lakhs to ₹8.4 Lakhs per year
Tata Electronics	₹3.0 Lakhs to ₹8.3 Lakhs per year
ARaymond	₹4.1 Lakhs to ₹4.2 Lakhs per year
Yazaki	₹2.3 Lakhs to ₹5.2 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.

How the salary growth look like for a L2 Engineer at Magna International in India?

The salary growth for a L2 Engineer at Magna International depends on factors such as experience, performance, and promotions. On average, a L2 Engineer can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
3 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
4 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
5 years	₹13.1 Lakhs to ₹16.7 Lakhs per year

and so on.

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Magna International L2 Engineer Salaries

Magna International L2 Engineer salary in India ranges between ₹10 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.