Magnum Mi Steel Electrician Salaries by 5 Employees (Updated 2025)

4 - 7 years exp.

₹2.8 Lakhs - ₹3 Lakhs

Salary of majority employees

11% more than the average Electrician Salary in Iron & Steel Companies for 4 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Electrician Salary 6 - 7 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development Electrician Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 18 Jan 2024

Companies similar to Magnum Mi Steel for Electrician

Company name	Avg Annual Salary	Open Jobs
Tata Steel Electrician Salary 1 - 8 years exp. (169 salaries)	₹1 L/yr - ₹5.2 L/yr 13% less
JSW Steel Electrician Salary 1 - 7 years exp. (107 salaries)	₹1.2 L/yr - ₹5 L/yr 4% more
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Steel Authority Of India Electrician Salary 2 - 5 years exp. (7 salaries)	₹1 L/yr - ₹2.5 L/yr 50% less
ArcelorMittal Nippon Steel Electrician Salary 0 - 11 years exp. (52 salaries)	₹1.3 L/yr - ₹4.5 L/yr 5% more
Jindal Steel and Power Electrician Salary 0 - 11 years exp. (61 salaries)	₹1.2 L/yr - ₹5 L/yr 14% less
Vedanta Limited Electrician Salary 0 - 5 years exp. (3 salaries)	₹1 L/yr - ₹4.2 L/yr 12% less
ArcelorMittal Electrician Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 15% less
Bhushan Power & Steel Electrician Salary 0 - 8 years exp. (50 salaries)	₹0.9 L/yr - ₹3.6 L/yr 13% less
Vizag Steel Electrician Salary 1 - 5 years exp. (6 salaries)	₹0.4 L/yr - ₹2 L/yr 32% less
Monnet Group Electrician Salary 2 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr 52% less
Agni Steels Electrician Salary 3 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 14% less
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Salasar Techno Engineering Electrician Salary 0 - 8 years exp. (4 salaries)	₹1.9 L/yr - ₹7.7 L/yr 26% more
Jindal Group Of Companies Electrician Salary 5 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 8% less
Shilpa Steel and Power Electrician Salary 5 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 48% less
AGRO ENGINEERING WORKS Electrician Salary 2 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹5 L/yr 10% more
Ramco Steels Electrician Salary 1 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr 19% less
Patton International Electrician Salary 1 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2 L/yr 46% less

Electrician salary at Magnum Mi Steel ranges between ₹2.8 Lakhs to ₹3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Electrician salaries

Last Updated: 18 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.1 L/yr
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6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

Similar Designation salaries in Magnum Mi Steel

Operator Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Electrical Engineer Salary

(4 salaries)

₹2.94 L/yr - ₹4.2 L/yr

Supervisor Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Electrical Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Junior Engineer Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Salary related reviews for Magnum Mi Steel

5.0

Rated by 1 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

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Magnum Mi Steel Electrician Salary FAQs

What is the salary of Electrician at Magnum Mi Steel?

Electrician salary at Magnum Mi Steel in India ranges between ₹2.8 Lakhs to ₹3.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 11% more than the average Electrician Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnum Mi Steel India.

How does the salary of a Electrician at Magnum Mi Steel India compare with the average salary range for this job?

The average salary of a Electrician at Magnum Mi Steel is 11% more than the average salary of a Electrician in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Mi Steel to a Electrician in India?

Salasar Techno Engineering Electrician Salary - ₹1.9 Lakhs to ₹7.7 Lakhs per year
AGRO ENGINEERING WORKS Electrician Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
ArcelorMittal Nippon Steel Electrician Salary - ₹1.3 Lakhs to ₹4.5 Lakhs per year
JSW Steel Electrician Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

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

Jindal Group Of Companies Electrician Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
Vedanta Limited Electrician Salary - ₹1.0 Lakhs to ₹4.2 Lakhs per year
Tata Steel Electrician Salary - ₹1.0 Lakhs to ₹5.2 Lakhs per year
Bhushan Power & Steel Electrician Salary - ₹0.9 Lakhs to ₹3.6 Lakhs per year
Jindal Steel and Power Electrician Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Electrician at Magnum Mi Steel ranges between ₹20,572 per month to ₹22,227 per month in India. The take-home salary calculation is based on the average Magnum Mi Steel Electrician salary in India which ranges between ₹2.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Electrician at Magnum Mi Steel?

According to AmbitionBox, 100% of the Magnum Mi Steel Electricians reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnum Mi Steel Electrician Salaries

Magnum Mi Steel Electrician salary in India ranges between ₹2.8 Lakhs to ₹3 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.