Magna Steyr Mechanical Engg. Design Salaries by 7 Employees (Updated 2025)

3 - 11 years exp.

₹4 Lakhs - ₹13.9 Lakhs

Low Confidence

Salary of majority employees

67% more than the average Mechanical Engg. Design Salary in Automobile Companies for 3 - 11 years of experience

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Last Updated: 27 Apr 2024

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
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Ashok Leyland Mechanical Engg. Design Salary 2 - 5 years exp. (13 salaries)	₹2 L/yr - ₹5.1 L/yr 59% 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. (45 salaries)	₹6.9 L/yr - ₹18 L/yr 19% more
Rolls-Royce Mechanical Engg. Design Salary 4 - 7 years exp. (6 salaries)	₹4.8 L/yr - ₹11 L/yr 17% less
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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. (7 salaries)	₹9.3 L/yr - ₹15.6 L/yr 40% more
Ford Motor Mechanical Engg. Design Salary 1 - 4 years exp. (7 salaries)	₹3.2 L/yr - ₹6.2 L/yr 43% less
General Motors Mechanical Engg. Design Salary 1 - 4 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. (3 salaries)	₹1.2 L/yr - ₹6 L/yr 50% less
Renault Mechanical Engg. Design Salary 3 - 5 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.

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
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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
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹20.2 L/yr
10 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹22.6 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹16.8 L/yr

View all

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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.

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 - ₹9.3 Lakhs to ₹15.6 Lakhs per year
CNH Industrial Mechanical Engg. Design Salary - ₹6.9 Lakhs to ₹18.0 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
Rolls-Royce Mechanical Engg. Design Salary - ₹4.8 Lakhs to ₹11.0 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

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 Salaries

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.