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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
3 - 11 years exp.
₹4
Lakhs - ₹13.9
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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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 salary67% more than the average Mechanical Engg. Design Salary in Automobile Companies for 3 - 11 years of experience
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Companies similar to Magna Steyr for Mechanical Engg. Design
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Mechanical Engg. Design Salary
0 - 7 years exp. (15 salaries) |  ₹2 L/yr - ₹11 L/yr 
28%
less | |
 Mahindra & Mahindra Mechanical Engg. Design Salary
2 - 8 years exp. (37 salaries) | ₹2.1 L/yr - ₹9.1 L/yr
30%
less | |
Login to view exact salary
| ||
 Ashok Leyland Mechanical Engg. Design Salary
2 - 5 years exp. (14 salaries) | ₹2 L/yr - ₹5.1 L/yr
60%
less | |
 Maruti Suzuki Mechanical Engg. Design Salary
0 - 1 year exp. (5 salaries) | ₹1.3 L/yr - ₹6.8 L/yr
69%
less | |
 Bajaj Auto Mechanical Engg. Design Salary
0 - 12 years exp. (21 salaries) | ₹1.3 L/yr - ₹10.8 L/yr
32%
less | |
 Hero MotoCorp Mechanical Engg. Design Salary
3 - 6 years exp. (11 salaries) | ₹4 L/yr - ₹10.1 L/yr
20%
less | |
 TVS Motor Mechanical Engg. Design Salary
0 - 6 years exp. (14 salaries) | ₹1.5 L/yr - ₹7.3 L/yr
62%
less | |
 Force Motors Mechanical Engg. Design Salary
1 - 7 years exp. (21 salaries) | ₹2.6 L/yr - ₹5.3 L/yr
55%
less | |
 Eicher Motors Mechanical Engg. Design Salary
2 - 4 years exp. (4 salaries) | ₹3.5 L/yr - ₹4 L/yr
55%
less | |
 CNH Industrial Mechanical Engg. Design Salary
1 - 9 years exp. (46 salaries) | ₹7 L/yr - ₹19 L/yr 
26%
more | |
 Rolls-Royce Mechanical Engg. Design Salary
4 - 8 years exp. (9 salaries) | ₹4.8 L/yr - ₹14 L/yr
5%
more | |
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| ||
 Plastic Omnium Mechanical Engg. Design Salary
2 - 4 years exp. (8 salaries) | ₹3 L/yr - ₹6.5 L/yr
46%
less | |
 Volvo Mechanical Engg. Design Salary
4 - 10 years exp. (8 salaries) | ₹7.9 L/yr - ₹15.6 L/yr
32%
more | |
 Ford Motor Mechanical Engg. Design Salary
1 - 5 years exp. (7 salaries) | ₹3.2 L/yr - ₹6.2 L/yr
43%
less | |
 General Motors Mechanical Engg. Design Salary
1 - 5 years exp. (5 salaries) | ₹4 L/yr - ₹5.3 L/yr
49%
less | |
 MAN Truck & Bus Mechanical Engg. Design Salary
2 - 5 years exp. (4 salaries) | ₹4.5 L/yr - ₹10 L/yr
18%
less | |
 Hyundai Motor India Limited Mechanical Engg. Design Salary
2 - 3 years exp. (4 salaries) | ₹1.2 L/yr - ₹6 L/yr
69%
less | |
 Renault Mechanical Engg. Design Salary
3 - 6 years exp. (3 salaries) | ₹6.8 L/yr - ₹8.3 L/yr
10%
less | |
 Jaguar Land Rover Mechanical Engg. Design Salary
0 - 15 years exp. (3 salaries) | ₹17 L/yr - ₹66 L/yr
313%
more | |
Mechanical Engg. Design salary at Magna Steyr ranges between ₹4
Lakhs
to ₹13.9
Lakhs
per year for employees with experience between 3 years to 11 years. Salary
estimates are based on
7 latest salaries received
from various employees of Magna Steyr.
Latest annual salaries shared by Magna Steyr Mechanical Engg. Design
8mo ago
7
years
exp.
10mo ago
11
years
exp.
1y ago
10
years
exp.
1y ago
3
years
exp.
1y ago
9
years
exp.
1y ago
7
years
exp.
Experience wise Magna Steyr Mechanical Engg. Design salaries
Last Updated: 27 Apr 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹4
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.8
L/yr
- ₹6.7
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹5.3
L/yr
- ₹6.8
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹8.3
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹7.1
L/yr
- ₹10
L/yr
|
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Similar Designation salaries in Magna Steyr
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Top trending discussions
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Salary Discussions, Hike & Promotions
1w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Magna Steyr Mechanical Engg. Design Salary FAQs
What is the salary of Mechanical Engg. Design at Magna Steyr?
Mechanical Engg. Design salary at Magna Steyr in India ranges between ₹4.0 Lakhs to ₹13.9 Lakhs for experience between 3 years to 11 years. According to our estimates it is 67% more than the average Mechanical Engg. Design Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magna Steyr India.
How does the salary of a Mechanical Engg. Design at Magna Steyr India compare with the average salary range for this job?
The average salary of a Mechanical Engg. Design at Magna Steyr is 67% more than the average salary of a Mechanical Engg. Design in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magna Steyr to a Mechanical Engg. Design in India?
- Jaguar Land Rover Mechanical Engg. Design Salary - ₹17.0 Lakhs to ₹66.0 Lakhs per year
- Volvo Mechanical Engg. Design Salary - ₹7.9 Lakhs to ₹15.6 Lakhs per year
- CNH Industrial Mechanical Engg. Design Salary - ₹7.0 Lakhs to ₹19.0 Lakhs per year
- Rolls-Royce Mechanical Engg. Design Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Mechanical Engg. Design in companies similar to Magna Steyr in India?
- Renault Mechanical Engg. Design Salary - ₹6.8 Lakhs to ₹8.3 Lakhs per year
- MAN Truck & Bus Mechanical Engg. Design Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
- Hero MotoCorp Mechanical Engg. Design Salary - ₹4.0 Lakhs to ₹10.1 Lakhs per year
- Tata Motors Mechanical Engg. Design Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
- Mahindra & Mahindra Mechanical Engg. Design Salary - ₹2.1 Lakhs to ₹9.1 Lakhs per year
What is the estimated take home salary of a Mechanical Engg. Design at Magna Steyr in India?
The estimated take-home salary of a Mechanical Engg. Design at Magna Steyr ranges between ₹63,261 per month to ₹64,869 per month in India. The take-home salary calculation is based on the average Magna Steyr Mechanical Engg. Design salary in India which ranges between ₹4.0 Lakhs to ₹13.9 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engg. Design at Magna Steyr?
According to AmbitionBox, 100% of the Magna Steyr Mechanical Engg. Designs reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.
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Magna Steyr Mechanical Engg. Design salary
in
India
ranges between ₹4
Lakhs to ₹13.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Magna Steyr latest salaries received from various employees of
Magna Steyr.