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Magna Steyr Design Engineer salaries in Pune (Updated 2025)

Annual salary range
2 - 10 years exp.
₹4.5 Lakhs - ₹16 Lakhs
Salary of majority employees
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86% more than the average Design Engineer Salary in Automobile Companies for 2 - 10 years of experience

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Last Updated: 31 Mar 2025

Companies similar to Magna Steyr for Design Engineer in Pune

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Magna Steyr Design Engineer Salary

2 - 10 years exp. (185 salaries)

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₹4.5 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Plastic Omnium Design Engineer Salary

1 - 7 years exp. (50 salaries)

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₹2.4 L/yr - ₹10 L/yr

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₹4.3 L/yr - ₹10 L/yr

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MAN Truck & Bus Design Engineer Salary

0 - 5 years exp. (18 salaries)

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₹2.2 L/yr - ₹8 L/yr

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Applus IDIADA Design Engineer Salary

2 - 6 years exp. (18 salaries)

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₹2.8 L/yr - ₹10.9 L/yr

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CNH Industrial Design Engineer Salary

1 - 6 years exp. (9 salaries)

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₹6.8 L/yr - ₹11 L/yr

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Volvo Design Engineer Salary

3 - 8 years exp. (7 salaries)

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₹6.8 L/yr - ₹11.7 L/yr

At par
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₹2.9 L/yr - ₹6.3 L/yr

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Rolls-Royce Design Engineer Salary

2 - 4 years exp. (4 salaries)

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₹5.6 L/yr - ₹10 L/yr

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Design Engineer salary at Magna Steyr ranges between ₹4.5 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 185 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Design Engineer in Pune

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Experience wise Magna Steyr Design Engineer salaries in Pune

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
2 years  (7 salaries)

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₹3.6 L/yr - ₹6.5 L/yr
3 years  (35 salaries)

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₹2.9 L/yr - ₹8.6 L/yr
4 years  (40 salaries)

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₹3.6 L/yr - ₹12 L/yr
5 years  (24 salaries)

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₹4.8 L/yr - ₹10 L/yr
6 years  (35 salaries)

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₹5 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in Magna Steyr

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₹7.15 L/yr - ₹18.5 L/yr
Lead Engineer Salary
(27 salaries)
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₹12.7 L/yr - ₹22 L/yr
Senior Engineer Salary
(25 salaries)
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₹13 L/yr - ₹27 L/yr
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₹16 L/yr - ₹29.6 L/yr
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₹2.5 L/yr - ₹8 L/yr

Salary related reviews for Magna Steyr

4.0

Rated by 19 employees for salary & benefits

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.

read more
  • 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.

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Office location & ambiance

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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Magna Steyr Design Engineer Salary FAQs

What is the salary of Design Engineer at Magna Steyr in Pune?
The average salary of a Design Engineer at Magna Steyr in Pune typically ranges from ₹4.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Design Engineer in Pune at Magna Steyr earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹17.6 Lakhs per year. Design 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 100+ Magna Steyr employees in India.
What is the estimated take home salary of a Design Engineer at Magna Steyr in Pune?
The estimated take-home salary of a Design Engineer at Magna Steyr in Pune typically ranges from ₹72,819 to ₹74,698 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 100+ salaries received from various employees of Magna Steyr. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Design Engineer in companies similar to Magna Steyr in Pune?
The salary of a Design Engineer at companies similar to Magna Steyr in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Volvo ₹6.8 Lakhs to ₹11.7 Lakhs per year
CNH Industrial ₹6.8 Lakhs to ₹11.0 Lakhs per year
Rolls-Royce ₹5.6 Lakhs to ₹10.0 Lakhs per year
Webasto Roofsystems India Pvt Ltd, ₹4.3 Lakhs to ₹10.0 Lakhs per year
Plastic Omnium ₹2.4 Lakhs to ₹10.0 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 Design Engineer at Magna Steyr in Pune?
The salary growth for a Design Engineer at Magna Steyr in Pune depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Pune can expect the following growth trajectory at Magna Steyr:

Experience Average Salary Range
2 years ₹3.6 Lakhs to ₹6.5 Lakhs per year
3 years ₹2.9 Lakhs to ₹8.6 Lakhs per year
4 years ₹3.6 Lakhs to ₹12.0 Lakhs per year
5 years ₹4.8 Lakhs to ₹10.0 Lakhs per year
and so on.

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Magna Steyr Design Engineer salary in Pune ranges between ₹4.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 185 Magna Steyr latest salaries received from various employees of Magna Steyr.