Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Magnic Technolgies Team. If you also belong to the team, you can get access from here

Magnic Technolgies Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Magnic Technolgies Senior Design Engineer salaries in India

Annual salary range
9 - 10 years exp.
₹4 Lakhs - ₹6 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

49% less than the average Senior Design Engineer Salary in Industrial Machinery Companies for 9 - 10 years of experience

Interested in this particular role?

Last Updated: 11 Nov 2023

Companies similar to Magnic Technolgies for Senior Design Engineer

Company name Avg Annual Salary Open Jobs
unlock blur

₹5.8 L/yr - ₹11.1 L/yr

arrow icon 79% more
Logo
Gh Induction Senior Design Engineer Salary

9 - 20 years exp. (9 salaries)

unlock blur

₹7 L/yr - ₹9 L/yr

arrow icon 80% more
unlock blur

₹8.6 L/yr - ₹12.3 L/yr

arrow icon 121% more
Logo
Fluid Controls Senior Design Engineer Salary

4 - 9 years exp. (5 salaries)

unlock blur

₹5 L/yr - ₹8.5 L/yr

arrow icon 58% more
Logo
unlock blur

₹8.5 L/yr - ₹15 L/yr

arrow icon 166% more
Logo
Manitou Group Senior Design Engineer Salary

5 - 8 years exp. (5 salaries)

unlock blur

₹4.2 L/yr - ₹7.9 L/yr

arrow icon 43% more
Logo
unlock blur

₹6.3 L/yr - ₹8 L/yr

arrow icon 50% more
Logo
Benninger AG Senior Design Engineer Salary

7 - 10 years exp. (3 salaries)

unlock blur

₹6 L/yr - ₹9 L/yr

arrow icon 72% more
unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 32% less
Senior Design Engineer salary at Magnic Technolgies ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Magnic Technolgies.

Latest annual salaries shared by Magnic Technolgies Senior Design Engineer

1y ago
₹4 Lakhs
10 years exp.
1y ago
₹6 Lakhs
9 years exp.
1y ago
₹4 Lakhs
9 years exp.

Experience wise Magnic Technolgies Senior Design Engineer salaries

Last Updated: 11 Nov 2023

Experience Avg Annual Salary
9 years  (3 salaries)

unlock blur

₹4 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Magnic Technolgies

Design Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹3.2 L/yr - ₹4 L/yr

Magnic Technolgies Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Magnic Technolgies ?
The average salary of a Senior Design Engineer at Magnic Technolgies in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 9 years to 10 years).

The top 10% of Senior Design Engineer at Magnic Technolgies earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Design Engineer Salaries at Magnic Technolgies 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 4 Magnic Technolgies employees in India.
What is the estimated take home salary of a Senior Design Engineer at Magnic Technolgies in India?
The estimated take-home salary of a Senior Design Engineer at Magnic Technolgies in India typically ranges from ₹34,886 to ₹36,128 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 9 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 4 salaries received from various employees of Magnic Technolgies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magnic Technolgies for Senior Design Engineer in India?
Truetzschler India ₹8.5 Lakhs to ₹15.0 Lakhs per year
Ferromatik Milacron ₹8.6 Lakhs to ₹12.3 Lakhs per year
Gh Induction ₹7.0 Lakhs to ₹9.0 Lakhs per year
Middleby India Engineering ₹5.8 Lakhs to ₹11.1 Lakhs per year
Benninger AG ₹6.0 Lakhs to ₹9.0 Lakhs per year

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

Fluid Controls ₹5.0 Lakhs to ₹8.5 Lakhs per year
Zeppelin Systems ₹6.3 Lakhs to ₹8.0 Lakhs per year
Manitou Group ₹4.2 Lakhs to ₹7.9 Lakhs per year
Artee Flow Controls ₹3.0 Lakhs to ₹3.5 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 Design Engineer at Magnic Technolgies in India?
The salary growth for a Senior Design Engineer at Magnic Technolgies depends on factors such as experience, performance, and promotions. On average, a Senior Design Engineer can expect the following growth trajectory at Magnic Technolgies:

Experience Average Salary Range
9 years ₹4.0 Lakhs to ₹6.0 Lakhs per year
10 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

Tell us how to improve this page.

Magnic Technolgies Senior Design Engineer salary in India ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magnic Technolgies latest salaries received from various employees of Magnic Technolgies.