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Magnus Power Mechanical Engineer salaries in India

Annual salary range
4 - 10 years exp.
₹4.9 Lakhs - ₹5.7 Lakhs
Salary of majority employees
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20% more than the average Mechanical Engineer Salary in Power Companies for 4 - 10 years of experience

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Salaries in different departments

Research & Development
Mechanical Engineer Salary
4 - 9 years exp. (3 salaries)
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₹5 L/yr - ₹5.7 L/yr

Construction & Site Engineering
Mechanical Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.4 L/yr

Production, Manufacturing & Engineering
Mechanical Engineer Salary
10 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Magnus Power for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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The Indure Mechanical Engineer Salary

0 - 8 years exp. (10 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 36% less
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₹2.2 L/yr - ₹5 L/yr

arrow icon 37% less
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Corrtech Energy Mechanical Engineer Salary

2 - 8 years exp. (7 salaries)

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₹0.6 L/yr - ₹3.5 L/yr

arrow icon 72% less
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LM Wind Power Mechanical Engineer Salary

8 - 13 years exp. (5 salaries)

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₹5 L/yr - ₹7.4 L/yr

arrow icon 13% more
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Senvion Mechanical Engineer Salary

5 - 8 years exp. (5 salaries)

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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 30% less
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Aggreko Mechanical Engineer Salary

11 - 15 years exp. (4 salaries)

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₹18 L/yr - ₹30 L/yr

arrow icon 316% more
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₹2.1 L/yr - ₹4 L/yr

arrow icon 38% less
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₹3 L/yr - ₹5.2 L/yr

arrow icon 33% less
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Energy Pack Mechanical Engineer Salary

2 - 14 years exp. (3 salaries)

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₹3.2 L/yr - ₹4.1 L/yr

arrow icon 33% less
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Goldi Solar Mechanical Engineer Salary

3 - 5 years exp. (3 salaries)

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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 27% less
Mechanical Engineer salary at Magnus Power ranges between ₹4.9 Lakhs to ₹5.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Magnus Power.

Latest annual salaries shared by Magnus Power Mechanical Engineer

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5 years exp.
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4 years exp.

Experience wise Magnus Power Mechanical Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in Magnus Power

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₹5 L/yr - ₹11.5 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹2.8 L/yr - ₹4.8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹12.8 L/yr - ₹16.3 L/yr

Salary related reviews for Magnus Power

4.1

Rated by 2 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

*Company Culture and Management* One of the most positive aspects of working at Magnus is the company culture. It's a relaxed and friendly environment where employees are encouraged to be themselves. The management team is supportive and understanding, which creates a low-pressure work atmosphere.

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Dislikes

...le the company culture is excellent, there are areas where Magnus could improve. The salary and benefits package could be more competitive, especially compared to industry standards. Additionally, opportunities for career advancement and skill development seem limited. *Overall* Magnus is a suitable workplace for individuals, particularly those in their mid-30s and above, who prioritize a positive work-life balance. The company's relaxed work environment, supportive management, and low-pressure atmosphere make it an attractive option for those seeking a less stressful work experience. However, for those seeking significant career growth, competitive compensation, and regular skill development opportunities, it may be worth considering other options.

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Full Time

 · 

Other Department

5.0
  •  posted on 26 Aug 2024

5.0
 for  Salary and Benefits

Likes

1. No pressure, we can easily handle our personal life 2. Good facilities, such as bonuses and flexible working hours. 3. Clean and well-furnished environment. 4. Top-level management support 5. Culture and Nature.

read more

Dislikes

1.Karnataka and Kannadigas are less than other states. 2. Saturday is a working day.

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Magnus Power Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Magnus Power?
Mechanical Engineer salary at Magnus Power in India ranges between ₹4.9 Lakhs to ₹5.7 Lakhs for experience between 4 years to 10 years. According to our estimates it is 20% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magnus Power India.
How does the salary of a Mechanical Engineer at Magnus Power India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Magnus Power is 20% more than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magnus Power to a Mechanical Engineer in India?
  • Aggreko Mechanical Engineer Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
  • LM Wind Power Mechanical Engineer Salary - ₹5.0 Lakhs to ₹7.4 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Magnus Power in India?
  • Goldi Solar Mechanical Engineer Salary - ₹3.3 Lakhs to ₹4.3 Lakhs per year
  • Senvion Mechanical Engineer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • Energy Pack Mechanical Engineer Salary - ₹3.2 Lakhs to ₹4.1 Lakhs per year
  • Dayco Power Transmission Mechanical Engineer Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • The Indure Mechanical Engineer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Magnus Power in India?
The estimated take-home salary of a Mechanical Engineer at Magnus Power ranges between ₹40,671 per month to ₹41,826 per month in India. The take-home salary calculation is based on the average Magnus Power Mechanical Engineer salary in India which ranges between ₹4.9 Lakhs to ₹5.7 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Magnus Power?
According to AmbitionBox, 50% of the Magnus Power Mechanical Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magnus Power Mechanical Engineer salary in India ranges between ₹4.9 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Magnus Power latest salaries received from various employees of Magnus Power.