Magnum Mi Steel Deputy Manager Salaries by 5 Employees (Updated 2025)

9 - 22 years exp.

₹8.1 Lakhs - ₹10.8 Lakhs

Salary of majority employees

At par with the average Deputy Manager Salary in Iron & Steel Companies for 9 - 22 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Deputy Manager Salary 9 - 11 years exp. (3 salaries)	₹9.6 L/yr - ₹10.8 L/yr
Login to view exact salary
Research & Development Deputy Manager Salary 22 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 25 Feb 2025

Companies similar to Magnum Mi Steel for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Jindal Group Of Companies Deputy Manager Salary 4 - 13 years exp. (20 salaries)	₹7 L/yr - ₹13 L/yr 7% more
Mukand Sumi Special Steel Deputy Manager Salary 10 - 18 years exp. (18 salaries)	₹10.5 L/yr - ₹14 L/yr 27% more
Login to view exact salary
AVON TUBETECH Deputy Manager Salary 11 - 19 years exp. (10 salaries)	₹9 L/yr - ₹10.6 L/yr 3% less
Salasar Techno Engineering Deputy Manager Salary 7 - 14 years exp. (10 salaries)	₹4.4 L/yr - ₹10 L/yr 21% less
Genau Extrusions Deputy Manager Salary 8 - 15 years exp. (9 salaries)	₹6.6 L/yr - ₹18 L/yr 5% more
Shri Mahavir Ferro Alloys Deputy Manager Salary 7 - 14 years exp. (9 salaries)	₹3.9 L/yr - ₹11.9 L/yr 27% less
Ms Agarwal Foundries Deputy Manager Salary 3 - 19 years exp. (7 salaries)	₹5 L/yr - ₹7.5 L/yr 27% less
Shilpa Steel and Power Deputy Manager Salary 6 - 10 years exp. (5 salaries)	₹4 L/yr - ₹8 L/yr 37% less
Bihar Foundry Castings Deputy Manager Salary 8 - 12 years exp. (4 salaries)	₹5 L/yr - ₹8.9 L/yr 19% less
AGRO ENGINEERING WORKS Deputy Manager Salary 7 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹9.6 L/yr 30% less
Ramco Steels Deputy Manager Salary 8 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹11 L/yr 7% less
Login to view exact salary
Jsl Lifestyle Deputy Manager Salary 9 - 15 years exp. (4 salaries)	₹7.8 L/yr - ₹11.8 L/yr 2% less
Ptc Industries Deputy Manager Salary 10 - 31 years exp. (4 salaries)	₹1 L/yr - ₹13 L/yr 32% less
Shri Rathi Group Deputy Manager Salary 5 - 17 years exp. (4 salaries)	₹4.2 L/yr - ₹5.2 L/yr 50% less
ANUGRAHA VALVE CASTINGS Deputy Manager Salary 14 - 27 years exp. (3 salaries)	₹6 L/yr - ₹6.2 L/yr 37% less
Bravo Sponge Iron Deputy Manager Salary 9 - 17 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 30% less
Allied Hitech Industries Deputy Manager Salary 12 - 13 years exp. (3 salaries)	₹7 L/yr - ₹11.4 L/yr 8% less

Deputy Manager salary at Magnum Mi Steel ranges between ₹8.1 Lakhs to ₹10.8 Lakhs per year for employees with experience between 9 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Deputy Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
15+ years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr

View all

Similar Designation salaries in Magnum Mi Steel

Store Manager Salary

(3 salaries)

₹4.8 L/yr - ₹5 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹14.6 L/yr - ₹18.6 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Salary related reviews for Magnum Mi Steel

1.5

Rated by 2 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 .

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.

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.

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.

Salary - Poor

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Magnum Mi Steel?

Ask anonymously on communities.

Magnum Mi Steel Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Magnum Mi Steel ?

The average salary of a Deputy Manager at Magnum Mi Steel in India typically ranges from ₹8.1 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 9 years to 22 years).

The top 10% of Deputy Manager at Magnum Mi Steel earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Deputy Manager Salaries at Magnum Mi Steel 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 5 Magnum Mi Steel employees in India.

What is the estimated take home salary of a Deputy Manager at Magnum Mi Steel in India?

The estimated take-home salary of a Deputy Manager at Magnum Mi Steel in India typically ranges from ₹70,316 to ₹72,125 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 9 years to 22 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 5 salaries received from various employees of Magnum Mi Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magnum Mi Steel for Deputy Manager in India?

Mukand Sumi Special Steel	₹10.5 Lakhs to ₹14.0 Lakhs per year
Jindal Group Of Companies	₹7.0 Lakhs to ₹13.0 Lakhs per year
Genau Extrusions	₹6.6 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnum Mi Steel, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Magnum Mi Steel in India?

The salary of a Deputy Manager at companies similar to Magnum Mi Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jsl Lifestyle	₹7.8 Lakhs to ₹11.8 Lakhs per year
AVON TUBETECH	₹9.0 Lakhs to ₹10.6 Lakhs per year
Ramco Steels	₹7.2 Lakhs to ₹11.0 Lakhs per year
Allied Hitech Industries	₹7.0 Lakhs to ₹11.4 Lakhs per year
Bihar Foundry Castings	₹5.0 Lakhs to ₹8.9 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 Deputy Manager at Magnum Mi Steel in India?

The salary growth for a Deputy Manager at Magnum Mi Steel depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Magnum Mi Steel:

Experience	Average Salary Range
9 years	₹9.2 Lakhs to ₹11.8 Lakhs per year
10 years	₹9.1 Lakhs to ₹11.7 Lakhs per year
11 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
12 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Magnum Mi Steel Salaries >
Magnum Mi Steel Deputy Manager Salaries

Magnum Mi Steel Deputy Manager salary in India ranges between ₹8.1 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.