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Magna Steyr

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Magna Steyr Senior Engineer salaries in India (Updated 2025)

Annual salary range
4 - 10 years exp.
₹12 Lakhs - ₹27 Lakhs
Salary of majority employees
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107% more than the average Senior Engineer Salary in Automobile Companies for 4 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA
Senior Engineer Salary
4 - 10 years exp. (16 salaries)
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₹13.7 L/yr - ₹27 L/yr

Research & Development
Senior Engineer Salary
4 - 9 years exp. (7 salaries)
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₹13 L/yr - ₹27 L/yr

Production, Manufacturing & Engineering
Senior Engineer Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹17.9 L/yr - ₹20 L/yr

Last Updated: 22 Mar 2025

Companies similar to Magna Steyr for Senior Engineer

Company name Avg Annual Salary Open Jobs
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Ford Motor Senior Engineer Salary

4 - 21 years exp. (194 salaries)

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₹6.9 L/yr - ₹24.5 L/yr

arrow icon 12% less
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Yamaha Motor Senior Engineer Salary

4 - 14 years exp. (159 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 50% less
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Volvo Senior Engineer Salary

3 - 12 years exp. (65 salaries)

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₹6.2 L/yr - ₹26.8 L/yr

arrow icon 19% less
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₹6.8 L/yr - ₹15 L/yr

arrow icon 42% less
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General Motors Senior Engineer Salary

4 - 10 years exp. (58 salaries)

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₹8.3 L/yr - ₹16.2 L/yr

arrow icon 31% less
3 job openings
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Plastic Omnium Senior Engineer Salary

1 - 11 years exp. (52 salaries)

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₹3.6 L/yr - ₹12.9 L/yr

arrow icon 62% less
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Daimler Senior Engineer Salary

5 - 8 years exp. (41 salaries)

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₹7.7 L/yr - ₹28 L/yr

arrow icon 14% less
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MAHLE Engine Components Senior Engineer Salary

4 - 13 years exp. (36 salaries)

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₹3 L/yr - ₹6.2 L/yr

arrow icon 76% less
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Renault Senior Engineer Salary

3 - 10 years exp. (25 salaries)

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₹5 L/yr - ₹17.5 L/yr

arrow icon 38% less
14 job openings
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CNH Industrial Senior Engineer Salary

5 - 11 years exp. (23 salaries)

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₹5.6 L/yr - ₹12 L/yr

arrow icon 54% less
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KOSTAL Senior Engineer Salary

6 - 16 years exp. (20 salaries)

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₹4.6 L/yr - ₹8.9 L/yr

arrow icon 64% less
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Vibracoustic Senior Engineer Salary

3 - 14 years exp. (19 salaries)

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₹5.2 L/yr - ₹9.8 L/yr

arrow icon 63% less
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₹5.2 L/yr - ₹13.5 L/yr

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Nissan Senior Engineer Salary

6 - 14 years exp. (13 salaries)

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₹5.3 L/yr - ₹13 L/yr

arrow icon 52% less
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Rolls-Royce Senior Engineer Salary

8 - 16 years exp. (12 salaries)

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₹11 L/yr - ₹14.5 L/yr

arrow icon 32% less
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Benteler Automotive Senior Engineer Salary

5 - 13 years exp. (11 salaries)

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₹5 L/yr - ₹7.7 L/yr

arrow icon 65% less
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Jaguar Land Rover Senior Engineer Salary

0 - 14 years exp. (8 salaries)

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₹20.6 L/yr - ₹27 L/yr

arrow icon 14% more
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Groupe PSA Senior Engineer Salary

6 - 10 years exp. (7 salaries)

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₹5.8 L/yr - ₹9.1 L/yr

arrow icon 59% less
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BMW Senior Engineer Salary

11 - 15 years exp. (5 salaries)

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₹10.3 L/yr - ₹16 L/yr

arrow icon 39% less
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Applus IDIADA Senior Engineer Salary

2 - 6 years exp. (5 salaries)

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₹10.3 L/yr - ₹12 L/yr

arrow icon 41% less
View all
Senior Engineer salary at Magna Steyr ranges between ₹12 Lakhs to ₹27 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 34 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Senior Engineer

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8 years exp.
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7 years exp.
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7 years exp.
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6 years exp.

Experience wise Magna Steyr Senior Engineer salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹15 L/yr - ₹31.9 L/yr
5 years  (4 salaries)

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₹17.1 L/yr - ₹20.4 L/yr
6 years  (5 salaries)

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₹16 L/yr - ₹20 L/yr
7 years  (12 salaries)

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₹12 L/yr - ₹27 L/yr
8 years  (4 salaries)

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₹17 L/yr - ₹27 L/yr
View all

Similar Designation salaries in Magna Steyr

Project Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Project Coordinator Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Salary related reviews for Magna Steyr

3.7

Rated by 6 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

read more
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Magna Steyr Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Magna Steyr ?
The average salary of a Senior Engineer at Magna Steyr in India typically ranges from ₹12.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Senior Engineer at Magna Steyr earn more than ₹25.1 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Senior 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 Senior Engineer at Magna Steyr in India?
The estimated take-home salary of a Senior Engineer at Magna Steyr in India typically ranges from ₹1,26,829 to ₹1,30,994 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 4 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 30+ salaries received from various employees of Magna Steyr. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magna Steyr for Senior Engineer in India?
Jaguar Land Rover ₹20.6 Lakhs to ₹27.0 Lakhs per year
Polaris ₹19.3 Lakhs to ₹20.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Steyr, depending on the role and experience level.
What is the salary of a Senior Engineer in companies similar to Magna Steyr in India?
The salary of a Senior Engineer at companies similar to Magna Steyr in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ford Motor ₹6.9 Lakhs to ₹24.5 Lakhs per year
Daimler ₹7.7 Lakhs to ₹28.0 Lakhs per year
Volvo ₹6.2 Lakhs to ₹26.8 Lakhs per year
MAN Truck & Bus ₹10.0 Lakhs to ₹16.0 Lakhs per year
General Motors ₹8.3 Lakhs to ₹16.2 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 Senior Engineer at Magna Steyr in India?
The salary growth for a Senior Engineer at Magna Steyr depends on factors such as experience, performance, and promotions. On average, a Senior Engineer can expect the following growth trajectory at Magna Steyr:

Experience Average Salary Range
4 years ₹15.0 Lakhs to ₹31.9 Lakhs per year
5 years ₹17.1 Lakhs to ₹20.4 Lakhs per year
6 years ₹16.0 Lakhs to ₹20.0 Lakhs per year
7 years ₹12.0 Lakhs to ₹27.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magna Steyr Senior Engineer salary in India ranges between ₹12 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 Magna Steyr latest salaries received from various employees of Magna Steyr.