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...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.
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Annual salary range
2 - 10 years exp.
₹4.3
Lakhs - ₹14.4
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary103% more than the average Design Engineer Salary in Automobile Companies for 2 - 10 years of experience
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Salaries in different departments
Research & Development
Design Engineer Salary
2 - 10
years
exp.
(176
salaries)
|  ₹4.6 L/yr - ₹16 L/yr |
Login to view exact salary
| |
Production, Manufacturing & Engineering
Design Engineer Salary
5 - 7
years
exp.
(6
salaries)
| ₹4.7 L/yr - ₹13 L/yr |
Companies similar to Magna Steyr for Design Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Design Engineer Salary
1 - 6 years exp. (172 salaries) | ₹1.8 L/yr - ₹10 L/yr 
44%
less | |
 Mahindra & Mahindra Design Engineer Salary
1 - 7 years exp. (502 salaries) | ₹1.5 L/yr - ₹9.2 L/yr
44%
less | |
Login to view exact salary
| ||
 Ashok Leyland Design Engineer Salary
0 - 7 years exp. (326 salaries) | ₹1.5 L/yr - ₹7.5 L/yr
58%
less | |
 Maruti Suzuki Design Engineer Salary
1 - 5 years exp. (18 salaries) | ₹2.7 L/yr - ₹9 L/yr
44%
less | |
 Bajaj Auto Design Engineer Salary
1 - 14 years exp. (204 salaries) | ₹1.5 L/yr - ₹12.5 L/yr
29%
less | 1 job opening |
 Hero MotoCorp Design Engineer Salary
2 - 10 years exp. (114 salaries) | ₹3.2 L/yr - ₹12.3 L/yr
27%
less | |
 TVS Motor Design Engineer Salary
1 - 5 years exp. (114 salaries) | ₹1.8 L/yr - ₹8.2 L/yr
62%
less | |
 Force Motors Design Engineer Salary
1 - 6 years exp. (255 salaries) | ₹2.3 L/yr - ₹8.1 L/yr
52%
less | |
 Eicher Motors Design Engineer Salary
1 - 3 years exp. (18 salaries) | ₹2 L/yr - ₹4 L/yr
71%
less | |
 Ford Motor Design Engineer Salary
1 - 6 years exp. (74 salaries) | ₹2.5 L/yr - ₹9.4 L/yr
50%
less | |
 CNH Industrial Design Engineer Salary
1 - 11 years exp. (70 salaries) | ₹4.8 L/yr - ₹17.3 L/yr 
6%
more | |
Login to view exact salary
| ||
 Volvo Design Engineer Salary
3 - 7 years exp. (68 salaries) | ₹4.5 L/yr - ₹15.4 L/yr
3%
more | |
 Plastic Omnium Design Engineer Salary
1 - 6 years exp. (55 salaries) | ₹2.4 L/yr - ₹10 L/yr
35%
less | |
 General Motors Design Engineer Salary
0 - 8 years exp. (41 salaries) | ₹3.5 L/yr - ₹6 L/yr
54%
less | |
 Hyundai Motor India Limited Design Engineer Salary
0 - 5 years exp. (31 salaries) | ₹2 L/yr - ₹10.5 L/yr
43%
less | |
 Applus IDIADA Design Engineer Salary
2 - 6 years exp. (21 salaries) | ₹2.8 L/yr - ₹12.7 L/yr
29%
less | |
 Polaris Design Engineer Salary
5 - 10 years exp. (21 salaries) | ₹10 L/yr - ₹18 L/yr
37%
more | |
 MAN Truck & Bus Design Engineer Salary
0 - 4 years exp. (20 salaries) | ₹2.2 L/yr - ₹8 L/yr
50%
less | |
 Daimler Design Engineer Salary
1 - 7 years exp. (14 salaries) | ₹2.5 L/yr - ₹7.5 L/yr
54%
less | |
 MAHLE Engine Components Design Engineer Salary
2 - 5 years exp. (13 salaries) | ₹2.1 L/yr - ₹6.3 L/yr
58%
less | |
View all
Design Engineer salary at Magna Steyr ranges between ₹4.3
Lakhs
to ₹14.4
Lakhs
per year for employees with experience between 2 years to 10 years. Salary
estimates are based on
215 latest salaries received
from various employees of Magna Steyr.
Latest annual salaries shared by Magna Steyr Design Engineer
6d ago
3
years
exp.
6d ago
6
years
exp.
1w ago
3
years
exp.
3w ago
5
years
exp.
1mo ago
6
years
exp.
1mo ago
3
years
exp.
1mo ago
10
years
exp.
1mo ago
4
years
exp.
1mo ago
7
years
exp.
1mo ago
2
years
exp.
Experience wise Magna Steyr Design Engineer salaries
Last Updated: 11 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (13 salaries) |
₹2.2
L/yr
- ₹12.1
L/yr
|
| 3 years (40 salaries) |
₹3
L/yr
- ₹8.6
L/yr
|
Login to view exact salary
| |
| 4 years (45 salaries) |
₹3.4
L/yr
- ₹12
L/yr
|
| 5 years (31 salaries) |
₹4.2
L/yr
- ₹12
L/yr
|
| 6 years (44 salaries) |
₹5.4
L/yr
- ₹12.5
L/yr
|
View all
Similar Designation salaries in Magna Steyr
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
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 Steyr Design Engineer Salary FAQs
What is the salary of Design Engineer at Magna Steyr?
Design Engineer salary at Magna Steyr in India ranges between ₹4.3 Lakhs to ₹14.4 Lakhs for experience between 2 years to 10 years. According to our estimates it is 103% more than the average Design Engineer Salary in India. Salary estimates are based on 215 latest salaries received from various employees of Magna Steyr India.
How does the salary of a Design Engineer at Magna Steyr India compare with the average salary range for this job?
The average salary of a Design Engineer at Magna Steyr is 103% more than the average salary of a Design Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magna Steyr to a Design Engineer in India?
- Jaguar Land Rover Design Engineer Salary - ₹5.0 Lakhs to ₹36.0 Lakhs per year
- BMW Design Engineer Salary - ₹5.5 Lakhs to ₹25.0 Lakhs per year
- Polaris Design Engineer Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
- CNH Industrial Design Engineer Salary - ₹4.8 Lakhs to ₹17.3 Lakhs per year
- Volvo Design Engineer Salary - ₹4.5 Lakhs to ₹15.4 Lakhs per year
What is the salary of a Design Engineer in companies similar to Magna Steyr in India?
- Hero MotoCorp Design Engineer Salary - ₹3.2 Lakhs to ₹12.3 Lakhs per year
- Rolls-Royce Design Engineer Salary - ₹3.0 Lakhs to ₹12.6 Lakhs per year
- Bajaj Auto Design Engineer Salary - ₹1.5 Lakhs to ₹12.5 Lakhs per year
- Applus IDIADA Design Engineer Salary - ₹2.8 Lakhs to ₹12.7 Lakhs per year
- Plastic Omnium Design Engineer Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Design Engineer at Magna Steyr in India?
The estimated take-home salary of a Design Engineer at Magna Steyr ranges between ₹73,539 per month to ₹75,439 per month in India. The take-home salary calculation is based on the average Magna Steyr Design Engineer salary in India which ranges between ₹4.3 Lakhs to ₹14.4 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Design Engineer at Magna Steyr?
According to AmbitionBox, 73% of the Magna Steyr Design Engineers reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 86 responses on AmbitionBox in last 2 years.
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Magna Steyr Design Engineer salary
in
India
ranges between ₹4.3
Lakhs to ₹14.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
215
Magna Steyr latest salaries received from various employees of
Magna Steyr.