Magna International Chennai Tool Engineer Salaries by 8 Employees (Updated 2025)

7 - 12 years exp.

₹4.1 Lakhs - ₹6.7 Lakhs

Salary of majority employees

At par with the average Tool Engineer Salary in Auto Components Companies for 7 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Engineer Salary 7 - 12 years exp. (6 salaries)	₹4.1 L/yr - ₹5.4 L/yr
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Construction & Site Engineering Tool Engineer Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.7 L/yr

Last Updated: 21 Oct 2024

Companies similar to Magna International for Tool Engineer in Chennai

Magna International Tool Engineer Salary

7 - 12 years exp. (8 salaries)

₹4.1 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
INTERPLEX Tool Engineer Salary 5 - 10 years exp. (16 salaries)	₹3 L/yr - ₹5.4 L/yr 12% less
Ramsays Corporation Tool Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.7 L/yr 39% less
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PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer Salary 3 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 56% less
SMR Automotive Systems India Tool Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹5.7 L/yr 13% less
Mando Automotive Tool Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹3.6 L/yr 34% less

Tool Engineer salary at Magna International ranges between ₹4.1 Lakhs to ₹6.7 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of Magna International.

Experience wise Magna International Tool Engineer salaries in Chennai

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
8 years (3 salaries)	₹4.1 L/yr - ₹6.7 L/yr
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9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.4 L/yr

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Similar Designation salaries in Magna International

Senior Engineer Salary

(22 salaries)

₹5.25 L/yr - ₹13 L/yr

Junior Engineer Salary

(13 salaries)

₹2.15 L/yr - ₹4.1 L/yr

Quality Engineer Salary

(11 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Tool Room Engineer Salary

(9 salaries)

₹4.2 L/yr - ₹6 L/yr

Assistant Engineer Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Design Engineer Salary

(5 salaries)

₹3.6 L/yr - ₹6 L/yr

Tool & DIE Maker Salary

(4 salaries)

₹1 L/yr - ₹4.26 L/yr

Tool Maker Salary

(3 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Salary related reviews for Magna International

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.

Design Engineer in Om Chambers, Bhosari, Pune

Research & Development Department

1.0

• posted on 18 May 2022

1.0

for Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

Quality Engineer in Talegaon Dabhade

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

I like because its first opportunity to learn something its was my hope

Dislikes

My dislike reason is: First salary problem my job on 2 year contact base so no pay on date miss Overtime pay our contact hr alway stay to us all bsa employees first shift every wednesday of all week for formality 3to5 no bus required Second is not good behaviour of parmanent staff Our bsa hr and company staff say to some bsa employees including me you all come sunday for extra skill of learning about robot But we all sunday clean robot

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magna International Tool Engineer Salary FAQs

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

Tool Engineer salary at Magna International in Chennai ranges between ₹4.1 Lakhs to ₹6.7 Lakhs for experience between 7 years to 12 years. According to our estimates it is 3% less than the average Tool Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Magna International Chennai.

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

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

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

INTERPLEX Tool Engineer Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
SMR Automotive Systems India Tool Engineer Salary - ₹3.2 Lakhs to ₹5.7 Lakhs per year
Mando Automotive Tool Engineer Salary - ₹3.1 Lakhs to ₹3.6 Lakhs per year
Ramsays Corporation Tool Engineer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer Salary - ₹1.8 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Tool Engineer at Magna International ranges between ₹36,862 per month to ₹38,074 per month in Chennai. The take-home salary calculation is based on the average Magna International Tool Engineer salary in India which ranges between ₹4.1 Lakhs to ₹6.7 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Magna International Tool Engineers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Magna International Tool Engineer Salaries in Chennai

Magna International Tool Engineer salary in Chennai ranges between ₹4.1 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Magna International latest salaries received from various employees of Magna International.