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

3 - 6 years exp.

₹6 Lakhs - ₹21 Lakhs

Salary of majority employees

152% 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. (23 salaries)	₹6.6 L/yr - ₹21 L/yr
Research & Development Engineer Salary 3 - 6 years exp. (7 salaries)	₹5.3 L/yr - ₹17.5 L/yr
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Production, Manufacturing & Engineering Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹15.9 L/yr

Last Updated: 14 Mar 2025

Companies similar to Magna Steyr for Engineer in Pune

Magna Steyr Engineer Salary

3 - 6 years exp. (33 salaries)

₹6 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Plastic Omnium Engineer Salary 2 - 9 years exp. (10 salaries)	₹2.9 L/yr - ₹5.9 L/yr 70% less
CNH Industrial Engineer Salary 1 - 7 years exp. (8 salaries)	₹3.5 L/yr - ₹7.4 L/yr 48% less
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Benteler Automotive Engineer Salary 5 - 13 years exp. (8 salaries)	₹3.9 L/yr - ₹6 L/yr 64% less
TCS Engineer Salary 0 - 8 years exp. (280 salaries)	₹2 L/yr - ₹9.3 L/yr 63% less
Force Motors Engineer Salary 1 - 10 years exp. (266 salaries)	₹2 L/yr - ₹7.8 L/yr 63% less	1 job opening

Engineer salary at Magna Steyr ranges between ₹6 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 33 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Engineer salaries in Pune

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
3 years (11 salaries)	₹5.1 L/yr - ₹16 L/yr
4 years (9 salaries)	₹5.8 L/yr - ₹21 L/yr
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5 years (8 salaries)	₹6 L/yr - ₹16.3 L/yr
6 years (5 salaries)	₹16 L/yr - ₹20 L/yr

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(25 salaries)

₹13 L/yr - ₹27 L/yr

Top skills at Magna Steyr for Engineer

Computer science Automotive Software Engineering Electronics CMMI

Salary related reviews for Magna Steyr

3.9

Rated by 5 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

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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

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Magna Steyr Engineer Salary FAQs

What is the salary of Engineer at Magna Steyr in Pune?

The average salary of a Engineer at Magna Steyr in Pune typically ranges from ₹6.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Engineer in Pune at Magna Steyr earn more than ₹18.7 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. 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 30+ Magna Steyr employees in India.

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

The estimated take-home salary of a Engineer at Magna Steyr in Pune typically ranges from ₹99,209 to ₹1,01,905 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 30+ salaries received from various employees of Magna Steyr. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Engineer at Magna Steyr in Pune?

To be a Engineer at Magna Steyr in Pune, the key skills required include:

- Computer science
- Automotive
- Software Engineering
- Electronics
- CMMI

These skills are highly valued at Magna Steyr and are crucial for successful performance in a Software Engineering role.

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

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

CNH Industrial	₹3.5 Lakhs to ₹7.4 Lakhs per year
Force Motors	₹2.0 Lakhs to ₹7.8 Lakhs per year
TCS	₹2.0 Lakhs to ₹9.3 Lakhs per year
Benteler Automotive	₹3.9 Lakhs to ₹6.0 Lakhs per year
Plastic Omnium	₹2.9 Lakhs to ₹5.9 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 Engineer at Magna Steyr in Pune?

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

Experience	Average Salary Range
3 years	₹5.1 Lakhs to ₹16.0 Lakhs per year
4 years	₹5.8 Lakhs to ₹21.0 Lakhs per year
5 years	₹6.0 Lakhs to ₹16.3 Lakhs per year
6 years	₹16.0 Lakhs to ₹20.0 Lakhs per year

and so on.

Tell us how to improve this page.

Magna Steyr Engineer salary in Pune ranges between ₹6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 Magna Steyr latest salaries received from various employees of Magna Steyr.