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Magnum Mi Steel

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3.9

based on 93 Reviews

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Magnum Mi Steel Salaries in India (Updated 2025)

based on 434 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Quality Assurance Procurement & Supply Chain Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Quality Engineer

1 - 7 years exp. (14 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

Senior Engineer

4 - 10 years exp. (10 salaries)
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₹4 L/yr - ₹5.4 L/yr

Production Manager

10 - 17 years exp. (10 salaries)
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₹10 L/yr - ₹12.4 L/yr

Senior Production Engineer

5 - 7 years exp. (9 salaries)
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₹3.2 L/yr - ₹5.4 L/yr

Starting your career? Discover Magnum Mi Steel fresher salaries in India

Production Engineer

4 - 6 years exp. (7 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Plant Head

25 - 31 years exp. (6 salaries)
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₹15 L/yr - ₹22 L/yr

Executive Accountant

4 - 10 years exp. (6 salaries)
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₹3 L/yr - ₹3.6 L/yr

Senior Quality Engineer

6 - 12 years exp. (6 salaries)
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₹3.6 L/yr - ₹5 L/yr

Deputy Manager

9 - 22 years exp. (5 salaries)
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₹8.1 L/yr - ₹10.8 L/yr

Assistant Manager Information Technology

8 - 11 years exp. (5 salaries)
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₹7.2 L/yr - ₹8.4 L/yr

Junior Engineer

3 - 5 years exp. (5 salaries)
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₹2 L/yr - ₹3 L/yr

QA Engineer

2 - 5 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.8 L/yr

Supervisor

0 - 13 years exp. (4 salaries)
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₹1.2 L/yr - ₹3 L/yr

Graduate Engineer Trainee (Get)

0 - 1 year exp. (4 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

QA QC Engineer

2 - 4 years exp. (4 salaries)
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₹2.7 L/yr - ₹4.2 L/yr

Assistant Manager - Production

9 - 13 years exp. (4 salaries)
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₹5.5 L/yr - ₹7.2 L/yr

Assistant Manager Maintenance

7 - 11 years exp. (4 salaries)
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₹5.4 L/yr - ₹7 L/yr

Electrical Supervisor

7 - 10 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.1 L/yr

Data Entry Operator

2 - 4 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Electrical Maintenance Engineer

6 - 11 years exp. (4 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 14 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Magnum Mi Steel

3.6

Rated by 93 employees for salary & benefits

Production Engineer in Delhi

Mechanical engineering Department

5.0
  •  posted on 11 Jun 2021
2.0
 for  Salary and Benefits

Likes

Good work environment and culture.company policies are good, appraisal are fair and they good salary and bonus every year .

read more
  • Skill development - Excellent
    • +5 more

Dislikes

There is a lot of politics and the management address our issues.on the job training is not good.

  • Salary - Poor

Dispatch Supervisor in New Delhi

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 24 Apr 2024
2.0
 for  Salary and Benefits

Likes

The only thing is that they are good into business

Dislikes

The work culture is bad and don’t have fixed off on sat. There is no time table at the time of interview they say 8 hrs job but it extend up to 12-13 hours with no overtime.

read more
  • Salary - Poor
    • +4 more

Store Incharge in Gurgaon / Gurugram

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 06 Nov 2023
1.0
 for  Salary and Benefits

Likes

This is a very nice culture and good seniors behaviour and good performance but not promotions improvement.

  • Skill development - Excellent
    • +3 more

Dislikes

Company culture good but Some people do very bad politics which I don't like politics system.

  • Salary - Bad
    • +1 more

Assistant Manager- Purchase in Bawal

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 17 Jul 2019
3.0
 for  Salary and Benefits

Likes

Magnum MI Steel, company is too good for a local Employees to grow and learning.

  • Skill development - Good
    • +3 more

Dislikes

About dislike is nothing, all over organization is good. But there is not available canteen where employees can sit and take rest in lunch time. I don't want to say about accommodating (food) but there should be a relexable place to take rest.

read more

Executive in Gurgaon / Gurugram

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 02 Oct 2023
2.0
 for  Salary and Benefits

Likes

Outer looks of company.

Dislikes

No basic facility like Good quality Ro water for drinking & Toilet condition is worst. Plant head is very Rude and Egoist person only Tel pani person can servior there. NO basic culture to growth....My experience is worst with this company. No appreciation on work even I work for 15-16 hours some time as I was there in RND depart.

read more
  • Salary - Poor
    • +5 more
see more salary related reviews

Magnum Mi Steel interview questions by designations

Assistant Store Manager (1)Assistant Manager Procurement (1)Quality Laboratory Engineer (1)Electrical Engineer (1)
View all 7 interview experiences
More about working at Magnum Mi Steel

Magnum Mi Steel Salary FAQs

How much does Magnum Mi Steel pay per year?
The average Magnum Mi Steel salary ranges from approximately ₹1.8 Lakh to ₹2.1 Lakhs per year for a Data Entry Operator and ₹15 Lakhs to ₹22 Lakhs per year for a Plant Head. Salary estimates are based on 434 Magnum Mi Steel salaries received from various employees of Magnum Mi Steel. Magnum Mi Steel employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Magnum Mi Steel?
The highest-paying job at Magnum Mi Steel is a Plant Head with a salary of ₹15 Lakhs to ₹22 Lakhs per year. The top 10% of employees earn more than ₹10.10 lakhs per year. The top 1% earn more than a whopping ₹18 lakhs per year.
What is the minimum salary in Magnum Mi Steel?
Minimum salary at Magnum Mi Steel depends on the role you are applying for. For Quality Engineer the minimum salary is ₹1.8 Lakh to ₹3.6 Lakhs per year, and for Executive Accountant the minimum salary is ₹3 Lakhs to ₹3.6 Lakhs per year and so on.
What is the notice period at Magnum Mi Steel?
According to AmbitionBox, 58% of the Magnum Mi Steel employees reported a notice period of 1 Month, 34% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 202 responses on AmbitionBox in last 2 years.

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Magnum Mi Steel Salaries by Location

Average annual salary in Magnum Mi Steel is INRunlock blur . Salary estimates are based on 434 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.

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