Magna Steyr Associate Engineer Salaries by 20+ Employees (Updated 2025)

1 - 3 years exp.

₹3.8 Lakhs - ₹6.9 Lakhs

Salary of majority employees

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

Interested in this particular role?

Salaries in different departments

Research & Development Associate Engineer Salary 2 - 3 years exp. (17 salaries)	₹3.8 L/yr - ₹6.9 L/yr
Login to view exact salary
Engineering - Software & QA Associate Engineer Salary 1 - 2 years exp. (3 salaries)	₹4.8 L/yr - ₹5.9 L/yr

Last Updated: 15 Mar 2025

Companies similar to Magna Steyr for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Volvo Associate Engineer Salary 0 - 4 years exp. (56 salaries)	₹7 L/yr - ₹9 L/yr 38% more
Ford Motor Associate Engineer Salary 1 - 6 years exp. (25 salaries)	₹6.2 L/yr - ₹12.5 L/yr 66% more
Login to view exact salary
Hyundai Motor India Limited Associate Engineer Salary 1 - 12 years exp. (18 salaries)	₹4.2 L/yr - ₹14 L/yr 54% more
Yamaha Motor Associate Engineer Salary 4 - 10 years exp. (15 salaries)	₹3 L/yr - ₹6.5 L/yr 32% less
CNH Industrial Associate Engineer Salary 1 - 8 years exp. (14 salaries)	₹7 L/yr - ₹17.5 L/yr 137% more
Polaris Associate Engineer Salary 0 - 1 year exp. (12 salaries)	₹5.5 L/yr - ₹10.1 L/yr 43% more

Associate Engineer salary at Magna Steyr ranges between ₹3.8 Lakhs to ₹6.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 27 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Associate Engineer salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹4.8 L/yr - ₹9.7 L/yr
2 years (13 salaries)	₹4 L/yr - ₹6.5 L/yr
Login to view exact salary
3 years (11 salaries)	₹3.8 L/yr - ₹6.9 L/yr

Similar Designation salaries in Magna Steyr

Software Engineer Salary

(5 salaries)

₹4 L/yr - ₹21.5 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Engineer Salary

(34 salaries)

₹12 L/yr - ₹27 L/yr

Lead Engineer Salary

(33 salaries)

₹12.7 L/yr - ₹22 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Software Engineer Salary

(5 salaries)

₹15.95 L/yr - ₹29.6 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Technical Lead Salary

(4 salaries)

₹16.5 L/yr - ₹24 L/yr

Team Lead Salary

(9 salaries)

₹13.2 L/yr - ₹18 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Salary related reviews for Magna Steyr

3.8

Rated by 4 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Magna Steyr?

Ask anonymously on communities.

Magna Steyr Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Magna Steyr ?

The average salary of a Associate Engineer at Magna Steyr in India typically ranges from ₹3.8 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Associate Engineer at Magna Steyr earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Associate Engineer Salaries at Magna Steyr 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 20+ Magna Steyr employees in India.

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

The estimated take-home salary of a Associate Engineer at Magna Steyr in India typically ranges from ₹43,001 to ₹44,121 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 1 year to 3 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 20+ salaries received from various employees of Magna Steyr. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magna Steyr for Associate Engineer in India?

CNH Industrial	₹7.0 Lakhs to ₹17.5 Lakhs per year
Ford Motor	₹6.2 Lakhs to ₹12.5 Lakhs per year
Hyundai Motor India Limited	₹4.2 Lakhs to ₹14.0 Lakhs per year
Polaris	₹5.5 Lakhs to ₹10.1 Lakhs per year
Volvo	₹7.0 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Steyr, depending on the role and experience level.

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

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

Yamaha Motor

₹3.0 Lakhs to ₹6.5 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 Associate Engineer at Magna Steyr in India?

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

Experience	Average Salary Range
1 year	₹4.8 Lakhs to ₹9.7 Lakhs per year
2 years	₹4.0 Lakhs to ₹6.5 Lakhs per year
3 years	₹3.8 Lakhs to ₹6.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Magna Steyr Salaries >
Magna Steyr Associate Engineer Salaries

Magna Steyr Associate Engineer salary in India ranges between ₹3.8 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Magna Steyr latest salaries received from various employees of Magna Steyr.