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Magnum Ventures Mechanical Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹2.5 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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30% less than the average Mechanical Engineer Salary in Pulp & Paper Companies for 1 - 4 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Magnum Ventures for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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JK Paper Mechanical Engineer Salary

1 - 5 years exp. (56 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 70% more
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Yash Papers Mechanical Engineer Salary

1 - 5 years exp. (9 salaries)

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₹4 L/yr - ₹5 L/yr

arrow icon 42% more
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Star Paper Mills Mechanical Engineer Salary

5 - 8 years exp. (8 salaries)

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₹3.5 L/yr - ₹5.2 L/yr

arrow icon 38% more
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Ruchira Papers Mechanical Engineer Salary

5 - 13 years exp. (7 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 51% more
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Satia Industries Mechanical Engineer Salary

1 - 11 years exp. (7 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 17% more
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₹3 L/yr - ₹4.6 L/yr

arrow icon 30% more
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Emami Paper Mills Mechanical Engineer Salary

2 - 7 years exp. (7 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 25% more
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Andhra Paper Mechanical Engineer Salary

5 - 15 years exp. (7 salaries)

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₹4.3 L/yr - ₹5.5 L/yr

arrow icon 54% more
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K.R.Pulp & Papers Mechanical Engineer Salary

6 - 12 years exp. (5 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

arrow icon 76% more
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₹3.6 L/yr - ₹5.5 L/yr

arrow icon 31% more
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Chadha Papers Mechanical Engineer Salary

2 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹4.2 L/yr

arrow icon 28% more
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Khanna Paper Mills Mechanical Engineer Salary

1 - 12 years exp. (4 salaries)

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₹2.4 L/yr - ₹8 L/yr

arrow icon 40% more
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Orient Paper Mill Mechanical Engineer Salary

2 - 20 years exp. (4 salaries)

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₹2.2 L/yr - ₹6.1 L/yr

arrow icon 28% more
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Bilt Mechanical Engineer Salary

3 - 8 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.4 L/yr

arrow icon 34% more
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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 1% less
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Kuantum Papers Mechanical Engineer Salary

0 - 4 years exp. (4 salaries)

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₹2.6 L/yr - ₹4.1 L/yr

arrow icon 1% less
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Mohit Paper Mills Mechanical Engineer Salary

1 - 5 years exp. (4 salaries)

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₹1.3 L/yr - ₹2.2 L/yr

arrow icon 40% less
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₹2.6 L/yr - ₹3.5 L/yr

arrow icon 2% less
Mechanical Engineer salary at Magnum Ventures ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Ventures.

Latest annual salaries shared by Magnum Ventures Mechanical Engineer

1y ago
₹3.5 Lakhs
3 years exp.
1y ago
₹2.5 Lakhs
1 year exp.
1y ago
₹3.5 Lakhs
4 years exp.

Experience wise Magnum Ventures Mechanical Engineer salaries

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Magnum Ventures

Electrical Engineer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
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₹6.2 L/yr - ₹6.6 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
Electrical Supervisor Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Magnum Ventures

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 27 Jun 2024

1.0
 for  Salary and Benefits

Likes

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

Dislikes

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

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  • Salary - Bad
  • +6 more
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Magnum Ventures Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Magnum Ventures ?
The average salary of a Mechanical Engineer at Magnum Ventures in India typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Mechanical Engineer at Magnum Ventures earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical 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 4 Magnum Ventures employees in India.
What is the estimated take home salary of a Mechanical Engineer at Magnum Ventures in India?
The estimated take-home salary of a Mechanical Engineer at Magnum Ventures in India typically ranges from ₹23,506 to ₹24,967 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 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 Mechanical Engineer in India?
K.R.Pulp & Papers ₹3.4 Lakhs to ₹7.2 Lakhs per year
JK Paper ₹2.0 Lakhs to ₹8.0 Lakhs per year
Andhra Paper ₹4.3 Lakhs to ₹5.5 Lakhs per year
Ruchira Papers ₹2.5 Lakhs to ₹7.0 Lakhs per year
Yash Papers ₹4.0 Lakhs to ₹5.0 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.
What is the salary of a Mechanical Engineer in companies similar to Magnum Ventures in India?
The salary of a Mechanical Engineer at companies similar to Magnum Ventures in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Khanna Paper Mills ₹2.4 Lakhs to ₹8.0 Lakhs per year
Star Paper Mills ₹3.5 Lakhs to ₹5.2 Lakhs per year
Bilt ₹3.5 Lakhs to ₹5.4 Lakhs per year
Shreyans Industries ₹3.6 Lakhs to ₹5.5 Lakhs per year
Bilt Graphic Paper Products ₹3.0 Lakhs to ₹4.6 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 Mechanical Engineer at Magnum Ventures in India?
The salary growth for a Mechanical Engineer at Magnum Ventures depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Magnum Ventures:

Experience Average Salary Range
1 year ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magnum Ventures Mechanical Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magnum Ventures latest salaries received from various employees of Magnum Ventures.