Magna Steyr Engineer Salaries by 30+ Employees (Updated 2025)

3 - 6 years exp.

₹6.1 Lakhs - ₹21 Lakhs

Salary of majority employees

Fixed (94%)

₹14 Lakhs

Variable (6%)

₹0.9 Lakh

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157% more than the average Engineer Salary in Automobile Companies for 3 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Engineer Salary 3 - 6 years exp. (26 salaries)	Unlock ₹6.8 L/yr - ₹21 L/yr
Research & Development Engineer Salary 3 - 6 years exp. (7 salaries)	Unlock ₹5.6 L/yr - ₹17.5 L/yr
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Production, Manufacturing & Engineering Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹16.6 L/yr

Last Updated: 8 Mar 2025

Companies similar to Magna Steyr for Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Engineer Salary 1 - 11 years exp. (178 salaries)	Unlock ₹1.2 L/yr - ₹9.4 L/yr 63% less
Mahindra & Mahindra Engineer Salary 0 - 9 years exp. (424 salaries)	Unlock ₹2.5 L/yr - ₹12.5 L/yr 53% less	1 job opening
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Ashok Leyland Engineer Salary 1 - 9 years exp. (104 salaries)	Unlock ₹1.4 L/yr - ₹5.8 L/yr 77% less
Maruti Suzuki Engineer Salary 3 - 9 years exp. (354 salaries)	Unlock ₹5 L/yr - ₹16.5 L/yr 27% less
Bajaj Auto Engineer Salary 2 - 19 years exp. (224 salaries)	Unlock ₹2.5 L/yr - ₹12.3 L/yr 51% less
Hero MotoCorp Engineer Salary 3 - 11 years exp. (325 salaries)	Unlock ₹3.3 L/yr - ₹12 L/yr 52% less
TVS Motor Engineer Salary 3 - 10 years exp. (75 salaries)	Unlock ₹2.2 L/yr - ₹9.3 L/yr 59% less
Force Motors Engineer Salary 1 - 10 years exp. (375 salaries)	Unlock ₹1.8 L/yr - ₹7.5 L/yr 66% less	1 job opening
SML Isuzu Engineer Salary 4 - 10 years exp. (35 salaries)	Unlock ₹3.5 L/yr - ₹10 L/yr 58% less
Hyundai Motor India Limited Engineer Salary 5 - 12 years exp. (245 salaries)	Unlock ₹4.1 L/yr - ₹13 L/yr 42% less
Ford Motor Engineer Salary 2 - 13 years exp. (142 salaries)	Unlock ₹5 L/yr - ₹19 L/yr 26% less
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Yamaha Motor Engineer Salary 4 - 12 years exp. (95 salaries)	Unlock ₹3.2 L/yr - ₹9 L/yr 56% less
Volvo Engineer Salary 0 - 10 years exp. (43 salaries)	Unlock ₹8 L/yr - ₹20 L/yr 11% less
CNH Industrial Engineer Salary 1 - 7 years exp. (40 salaries)	Unlock ₹2.5 L/yr - ₹8.7 L/yr 59% less
MAHLE Engine Components Engineer Salary 1 - 8 years exp. (29 salaries)	Unlock ₹2.4 L/yr - ₹5.5 L/yr 75% less
General Motors Engineer Salary 0 - 3 years exp. (23 salaries)	Unlock ₹2.5 L/yr - ₹8 L/yr 69% less
Daimler Engineer Salary 1 - 8 years exp. (22 salaries)	Unlock ₹2.5 L/yr - ₹8.2 L/yr 63% less
Plastic Omnium Engineer Salary 2 - 9 years exp. (14 salaries)	Unlock ₹2.9 L/yr - ₹7 L/yr 66% less
Nissan Engineer Salary 3 - 8 years exp. (8 salaries)	Unlock ₹3.2 L/yr - ₹9.7 L/yr 48% less
Renault Engineer Salary 0 - 4 years exp. (8 salaries)	Unlock ₹3 L/yr - ₹7 L/yr 65% less	5 job openings

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Engineer salary at Magna Steyr ranges between ₹6.1 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 39 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Engineer

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6 years exp.

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5 years exp.

Experience wise Magna Steyr Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (13 salaries)	Unlock ₹5.2 L/yr - ₹16 L/yr
4 years (11 salaries)	Unlock ₹5.8 L/yr - ₹21 L/yr
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5 years (10 salaries)	Unlock ₹6.8 L/yr - ₹18.5 L/yr
6 years (5 salaries)	Unlock ₹16 L/yr - ₹20 L/yr

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(36 salaries)

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₹8.5 L/yr - ₹27 L/yr

Technician Salary

(AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

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₹0.2 L/yr - ₹0.2 L/yr

Senior Service Engineer Salary

(AmbitionBox Estimate)

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₹20.1 L/yr - ₹25.6 L/yr

Top skills at Magna Steyr for Engineer

Computer science Automotive Software Engineering Electronics CMMI

Salary related reviews for Magna Steyr

4.2

Rated by 6 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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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Magna Steyr Engineer Salary FAQs

What is the salary of Engineer at Magna Steyr?

Engineer salary at Magna Steyr in India ranges between ₹6.1 Lakhs to ₹21.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 157% more than the average Engineer Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Magna Steyr India.

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

The average salary of a Engineer at Magna Steyr is 157% more than the average salary of a Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Engineer at Magna Steyr?

Computer science, Automotive, Software Engineering, Electronics and CMMI are some of the popular skills required to work as a Engineer at Magna Steyr India.

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

Jaguar Land Rover Engineer Salary - ₹20.0 Lakhs to ₹42.0 Lakhs per year

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

Volvo Engineer Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
Rolls-Royce Engineer Salary - ₹8.0 Lakhs to ₹12.9 Lakhs per year
Ford Motor Engineer Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
Maruti Suzuki Engineer Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
Polaris Engineer Salary - ₹3.5 Lakhs to ₹19.7 Lakhs per year

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

The estimated take-home salary of a Engineer at Magna Steyr ranges between ₹1,03,082 per month to ₹1,05,903 per month in India. The take-home salary calculation is based on the average Magna Steyr Engineer salary in India which ranges between ₹6.1 Lakhs to ₹21.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Engineer at Magna Steyr?

According to AmbitionBox, 86% of the Magna Steyr Engineers reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Magna Steyr Engineer Salaries

Magna Steyr Engineer salary in India ranges between ₹6.1 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Magna Steyr latest salaries received from various employees of Magna Steyr.