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MAGNA RICO POWERTRAIN Engineer salaries in India

Annual salary range
2 - 8 years exp.
₹2.1 Lakhs - ₹6 Lakhs
Salary of majority employees
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34% less than the average Engineer Salary for 2 - 8 years of experience

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Last Updated: 6 Mar 2023

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1 - 2 years exp. (3 salaries)

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₹4 L/yr - ₹4.5 L/yr

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Engineer salary at MAGNA RICO POWERTRAIN ranges between ₹2.1 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of MAGNA RICO POWERTRAIN.

Latest annual salaries shared by MAGNA RICO POWERTRAIN Engineer

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3 years exp.
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4 years exp.
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2 years exp.
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8 years exp.

Experience wise MAGNA RICO POWERTRAIN Engineer salaries

Last Updated: 6 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in MAGNA RICO POWERTRAIN

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₹4.5 L/yr - ₹9.25 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
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₹2.05 L/yr - ₹3.6 L/yr
Deputy Manager Salary
(4 salaries)
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₹6 L/yr - ₹7 L/yr
Maintenance Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.3 L/yr - ₹4.5 L/yr

Salary related reviews for MAGNA RICO POWERTRAIN

Business Office Department

4.0
  •  posted on 21 Jul 2022

3.0
 for  Salary and Benefits

Likes

Projects are very interesting, its dynamic, colleagues are very skilled and motivated which affects overall team spirit.

read more
  • Job security - Excellent
    +1 more

Dislikes

The salary you negotiate is the salary you will have, almost no salary increases apart from the regular ones you get with years.

read more
  • Promotions - Poor

Research & Development Department

3.0
  •  posted on 20 Nov 2020

3.0
 for  Salary and Benefits

Likes

Good work environment and culture.. Seniors are fully supportive and the management is transparent. there is a canteen for best lunch ever.. company policies are good and fair.

read more
  • Work satisfaction - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary not enough and career growth is slow.☺️

read more
  • Promotions - Poor

Production Department

1.0
  •  posted on 17 Sep 2022

1.0
 for  Salary and Benefits

Likes

Not a single point to like

Dislikes

Highly unprofessional company.... They take interview, will call you for personal interview 3 to 4 times, will waste your time, at the time of giving offer letter they will even not pick your calls...

read more
  • Salary - Bad
    +6 more

Procurement & Supply Chain Department

2.0
  •  posted on 21 Apr 2022

5.0
 for  Salary and Benefits

Likes

Job security is big concern in this company , any time they decide and shutdown any of the vertical and asks to find opportunities out side They sold fluid pressure devison globally due to which I lost my job

read more
  • Salary - Excellent
    +3 more

Dislikes

Job security is the major concern

  • Skill development - Poor
    +2 more

Production Department

3.0
  •  posted on 30 Mar 2018

2.0
 for  Salary and Benefits

Likes

This company is a largest manufacturer of two peice flex plate. The work is done in a very systematic way. My department team is very cooperative they always supports and make learn their responsibilities. I always enjoying my work with my team.

read more
  • Skill development - Good
    +3 more

Dislikes

Employee growth is poor

  • Salary - Poor
    +1 more
see more salary related reviews

MAGNA RICO POWERTRAIN Engineer Salary FAQs

What is the salary of Engineer at MAGNA RICO POWERTRAIN?
Engineer salary at MAGNA RICO POWERTRAIN in India ranges between ₹2.1 Lakhs to ₹6.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 34% less than the average Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MAGNA RICO POWERTRAIN India.
How does the salary of a Engineer at MAGNA RICO POWERTRAIN India compare with the average salary range for this job?
The average salary of a Engineer at MAGNA RICO POWERTRAIN is 34% less than the average salary of a Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than MAGNA RICO POWERTRAIN to a Engineer in India?
  • ABCI Infrastructures Engineer Salary - ₹14.8 Lakhs to ₹41.7 Lakhs per year
  • Testo India Engineer Salary - ₹7.1 Lakhs to ₹31.1 Lakhs per year
  • Privat Company Engineer Salary - ₹5.0 Lakhs to ₹30.0 Lakhs per year
  • IVTL Infoview Technologies Engineer Salary - ₹9.6 Lakhs to ₹15.0 Lakhs per year
  • Marelli Engineer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Engineer in companies similar to MAGNA RICO POWERTRAIN in India?
  • Indorama Engineer Salary - ₹3.6 Lakhs to ₹9.2 Lakhs per year
  • Seoyon E-hwa Automotive Engineer Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
  • Huawei Technologies Engineer Salary - ₹2.7 Lakhs to ₹9.0 Lakhs per year
  • TCL Engineer Salary - ₹2.3 Lakhs to ₹8.8 Lakhs per year
  • Maxxis Rubber Engineer Salary - ₹3.2 Lakhs to ₹7.2 Lakhs per year
What is the estimated take home salary of a Engineer at MAGNA RICO POWERTRAIN in India?
The estimated take-home salary of a Engineer at MAGNA RICO POWERTRAIN ranges between ₹27,758 per month to ₹29,155 per month in India. The take-home salary calculation is based on the average MAGNA RICO POWERTRAIN Engineer salary in India which ranges between ₹2.1 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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MAGNA RICO POWERTRAIN Engineer salary in India ranges between ₹2.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 MAGNA RICO POWERTRAIN latest salaries received from various employees of MAGNA RICO POWERTRAIN.