Magna Steyr Pune Design Engineer 3 Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹5.6 Lakhs - ₹10.7 Lakhs

Salary of majority employees

43% more than the average Design Engineer 3 Salary in Automobile Companies for 2 - 6 years of experience

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Last Updated: 28 Dec 2024

Companies similar to Magna Steyr for Design Engineer 3 in Pune

Magna Steyr Design Engineer 3 Salary

2 - 6 years exp. (4 salaries)

₹5.6 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Cyient Design Engineer 3 Salary 4 - 6 years exp. (5 salaries)	₹4.3 L/yr - ₹5.5 L/yr 49% less
Expert Global Solutions Design Engineer 3 Salary 6 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹7 L/yr 29% less
Login to view exact salary
Tata Technologies Design Engineer 3 Salary 4 - 7 years exp. (4 salaries)	₹6.8 L/yr - ₹10.6 L/yr 4% less
Om Engineering Services Design Engineer 3 Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 70% less
EagleBurgmann Design Engineer 3 Salary 0 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.5 L/yr 66% less

Design Engineer 3 salary at Magna Steyr ranges between ₹5.6 Lakhs to ₹10.7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Design Engineer 3 salaries in Pune

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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5 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr

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Salary related reviews for Magna Steyr

3.0

Rated by 1 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.

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.

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

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

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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 Steyr Design Engineer 3 Salary FAQs

What is the salary of Design Engineer 3 at Magna Steyr Pune?

Design Engineer 3 salary at Magna Steyr in Pune ranges between ₹5.6 Lakhs to ₹10.7 Lakhs for experience between 2 years to 6 years. According to our estimates it is 43% more than the average Design Engineer 3 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna Steyr Pune.

How does the salary of a Design Engineer 3 at Magna Steyr Pune compare with the average salary range for this job?

The average salary of a Design Engineer 3 at Magna Steyr is 43% more than the average salary of a Design Engineer 3 in Pune. To know exact salary insights, login to view.

What is the salary of a Design Engineer 3 in companies similar to Magna Steyr in Pune?

Tata Technologies Design Engineer 3 Salary - ₹6.8 Lakhs to ₹10.6 Lakhs per year
Expert Global Solutions Design Engineer 3 Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
Cyient Design Engineer 3 Salary - ₹4.3 Lakhs to ₹5.5 Lakhs per year
EagleBurgmann Design Engineer 3 Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year
Om Engineering Services Design Engineer 3 Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Design Engineer 3 at Magna Steyr in Pune?

The estimated take-home salary of a Design Engineer 3 at Magna Steyr ranges between ₹64,513 per month to ₹66,157 per month in Pune. The take-home salary calculation is based on the average Magna Steyr Design Engineer 3 salary in India which ranges between ₹5.6 Lakhs to ₹10.7 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer 3 at Magna Steyr in Pune?

According to AmbitionBox, 100% of the Magna Steyr Design Engineer 3s in Pune reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Magna Steyr Design Engineer 3 Salaries in Pune

Magna Steyr Design Engineer 3 salary in Pune ranges between ₹5.6 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna Steyr latest salaries received from various employees of Magna Steyr.