Magna Steyr Associate Design Engineer Salaries by 7 Employees (Updated 2025)

1 - 3 years exp.

₹3.7 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

At par with the average Associate Design Engineer Salary in Automobile Companies for 1 - 3 years of experience

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Last Updated: 13 Sep 2024

Companies similar to Magna Steyr for Associate Design Engineer

Company name	Avg Annual Salary	Open Jobs
Ashok Leyland Associate Design Engineer Salary 0 - 4 years exp. (47 salaries)	₹2.4 L/yr - ₹3.8 L/yr 32% less
CNH Industrial Associate Design Engineer Salary 4 - 11 years exp. (5 salaries)	₹11.2 L/yr - ₹14.3 L/yr 191% more
Login to view exact salary
Daimler Associate Design Engineer Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 14% less
CADOpt Technologies Associate Design Engineer Salary 1 - 4 years exp. (119 salaries)	₹1.7 L/yr - ₹4 L/yr 33% less
Fluor Corporation Associate Design Engineer Salary 1 - 7 years exp. (86 salaries)	₹6 L/yr - ₹14 L/yr 115% more

Associate Design Engineer salary at Magna Steyr ranges between ₹3.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Associate Design Engineer salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.6 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr

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Salary related reviews for Magna Steyr

3.0

Rated by 2 employees for salary & benefits

Design Engineer in Pune

Research & Development Department

5.0

• posted on 21 Aug 2018

3.0

for Salary and Benefits

Likes

...o learn. I started my career as fresher in magna and now I know how lucky i was. I only left magna for salary hike and to check whether other companies are as good as magna or not. And now I know magna is best.

Skill development - Good

+5 more

Dislikes

Even though for freshers increment % is good but because of initial low package it doesn't make big difference.

Team Manager in Bavdhan, Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 23 Dec 2024

5.0

for Salary and Benefits

Likes

Getting good exposure considering the versatile engineering project. Work freedom, also the open door policy where you can talk directly with anyone for your concerns. Good cultured organization.

Salary - Excellent

+6 more

Dislikes

Office location & ambiance

Engineer in Pune

Research & Development Department

5.0

• posted on 27 Jun 2022

4.0

for Salary and Benefits

Likes

Work life balance is excellent Teammates are supportive and job security is best in class

Salary - Good

+4 more

Dislikes

There is politics and you may face it in any company so it’s not new for me if anyone decides to go against manager then he will be targeted

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Magna Steyr Associate Design Engineer Salary FAQs

What is the salary of Associate Design Engineer at Magna Steyr?

Associate Design Engineer salary at Magna Steyr in India ranges between ₹3.7 Lakhs to ₹4.8 Lakhs for experience between 1 years to 3 years. According to our estimates it is 4% less than the average Associate Design Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magna Steyr India.

How does the salary of a Associate Design Engineer at Magna Steyr India compare with the average salary range for this job?

The average salary of a Associate Design Engineer at Magna Steyr is 4% less than the average salary of a Associate Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna Steyr to a Associate Design Engineer in India?

CNH Industrial Associate Design Engineer Salary - ₹11.2 Lakhs to ₹14.3 Lakhs per year
Fluor Corporation Associate Design Engineer Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Associate Design Engineer in companies similar to Magna Steyr in India?

Daimler Associate Design Engineer Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year
Ashok Leyland Associate Design Engineer Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
CADOpt Technologies Associate Design Engineer Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Associate Design Engineer at Magna Steyr in India?

The estimated take-home salary of a Associate Design Engineer at Magna Steyr ranges between ₹33,035 per month to ₹34,304 per month in India. The take-home salary calculation is based on the average Magna Steyr Associate Design Engineer salary in India which ranges between ₹3.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Associate Design Engineer at Magna Steyr?

According to AmbitionBox, 75% of the Magna Steyr Associate Design Engineers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Magna Steyr Associate Design Engineer Salaries

Magna Steyr Associate Design Engineer salary in India ranges between ₹3.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Magna Steyr latest salaries received from various employees of Magna Steyr.