Magnum Ventures Design Engineer Salaries by 5 Employees

3 - 7 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Salary of majority employees

19% less than the average Design Engineer Salary in Pulp & Paper Companies for 3 - 7 years of experience

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Last Updated: 20 May 2023

Companies similar to Magnum Ventures for Design Engineer

Company name	Avg Annual Salary	Open Jobs
JK Paper Design Engineer Salary 4 - 20 years exp. (5 salaries)	₹4.6 L/yr - ₹5.5 L/yr 24% more
Tata Technologies Design Engineer Salary 1 - 9 years exp. (2.1k salaries)	₹3 L/yr - ₹10.2 L/yr 68% more	1 job opening
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Cyient Design Engineer Salary 0 - 9 years exp. (1.7k salaries)	₹2.6 L/yr - ₹11 L/yr 71% more	3 job openings
Tech Mahindra Design Engineer Salary 0 - 9 years exp. (1.4k salaries)	₹2.5 L/yr - ₹9.2 L/yr 32% more	1 job opening
L&T Technology Services Design Engineer Salary 1 - 8 years exp. (1.3k salaries)	₹2.5 L/yr - ₹8.5 L/yr 36% more	6 job openings

Design Engineer salary at Magnum Ventures ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Magnum Ventures.

Experience wise Magnum Ventures Design Engineer salaries

Last Updated: 20 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr
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5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Magnum Ventures

Senior Engineer Salary

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Civil Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Mechanical Engineer Salary

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₹2.5 L/yr - ₹3.5 L/yr

Salary related reviews for Magnum Ventures

Assistant Manager- Purchase in Ghaziabad

Full Time

Procurement & Supply Chain Department

1.0

• posted on 27 Jun 2024

1.0

for Salary and Benefits

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Nothing is there to like. Worst company culture of my whole career.

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Salary on month End. No appreciation No Promotion No Learning except Chaplosi No Leave, even on Voting, Public Holiday, No Bonus, No Diwali Gift, No way to Talking, Worst HR

Salary - Bad

+6 more

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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

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Magnum Ventures Design Engineer Salary FAQs

What is the salary of Design Engineer at Magnum Ventures ?

The average salary of a Design Engineer at Magnum Ventures in India typically ranges from ₹3.6 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Design Engineer at Magnum Ventures earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Design Engineer Salaries at Magnum Ventures 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 Ventures employees in India.

What is the estimated take home salary of a Design Engineer at Magnum Ventures in India?

The estimated take-home salary of a Design Engineer at Magnum Ventures in India typically ranges from ₹30,665 to ₹31,969 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 3 years to 7 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 Ventures. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magnum Ventures for Design Engineer in India?

Cyient	₹2.6 Lakhs to ₹11.0 Lakhs per year
Tata Technologies	₹3.0 Lakhs to ₹10.2 Lakhs per year
L&T Technology Services	₹2.5 Lakhs to ₹8.5 Lakhs per year
Tech Mahindra	₹2.5 Lakhs to ₹9.2 Lakhs per year
JK Paper	₹4.6 Lakhs to ₹5.5 Lakhs per year

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

How the salary growth look like for a Design Engineer at Magnum Ventures in India?

The salary growth for a Design Engineer at Magnum Ventures depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Magnum Ventures:

Experience	Average Salary Range
3 years	₹3.6 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹6.9 Lakhs per year
5 years	₹1.7 Lakhs to ₹4.6 Lakhs per year
6 years	₹1.8 Lakhs to ₹4.6 Lakhs per year

and so on.

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Magnum Ventures Design Engineer Salaries

Magnum Ventures Design Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnum Ventures latest salaries received from various employees of Magnum Ventures.