Magnum Mi Steel Purchase Engineer Salaries by Employees (Updated 2025)

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₹3.3 Lakhs - ₹4.3 Lakhs

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Last Updated: 22 Oct 2023

Companies similar to Magnum Mi Steel for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Purchase Engineer Salary 5 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹7.8 L/yr 39% more
JSW Steel Purchase Engineer Salary 4 - 16 years exp. (6 salaries)	₹3.6 L/yr - ₹8 L/yr 52% more
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ArcelorMittal Nippon Steel Purchase Engineer Salary 1 - 6 years exp. (8 salaries)	₹2 L/yr - ₹6 L/yr 15% less
Jindal Steel and Power Purchase Engineer Salary 1 - 8 years exp. (12 salaries)	₹1.9 L/yr - ₹5.2 L/yr 9% less
Bhushan Power & Steel Purchase Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.4 L/yr - ₹5.2 L/yr 10% more
Yg Cutting Tools Purchase Engineer Salary 0 - 8 years exp. (5 salaries)	₹5 L/yr - ₹5.8 L/yr 37% more
Jsl Lifestyle Purchase Engineer Salary 3 - 9 years exp. (4 salaries)	₹2.3 L/yr - ₹5.7 L/yr 2% more
Ms Agarwal Foundries Purchase Engineer Salary 1 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 41% more

Purchase Engineer salary at Magnum Mi Steel ranges between ₹3.3 Lakhs to ₹4.3 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magnum Mi Steel.

Similar Designation salaries in Magnum Mi Steel

Junior Engineer Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(10 salaries)

₹4 L/yr - ₹5.4 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Purchase Executive Salary

(4 salaries)

₹3.6 L/yr - ₹7.2 L/yr

Deputy Manager Salary

(5 salaries)

₹8.05 L/yr - ₹10.8 L/yr

Senior Purchase Executive Salary

(3 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Magnum Mi Steel

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 .

Dislikes

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

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.

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.

Dislikes

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

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magnum Mi Steel Purchase Engineer Salary FAQs

What is the notice period for Purchase Engineer at Magnum Mi Steel?

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

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Magnum Mi Steel Purchase Engineer Salaries

Magnum Mi Steel Purchase Engineer salary in India ranges between ₹3.3 Lakhs to ₹4.3 Lakhs. This is an estimate based on latest salaries received from employees of Magnum Mi Steel.