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Magnus Power Mechanical Engineer salaries in Bangalore / Bengaluru

Annual salary range
4 - 10 years exp.
₹4.9 Lakhs - ₹5.7 Lakhs
Salary of majority employees
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9% 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 in Bangalore / Bengaluru

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Magnus Power Mechanical Engineer Salary

4 - 10 years exp. (6 salaries)

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₹4.9 L/yr - ₹5.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8 L/yr - ₹21.5 L/yr

arrow icon 187% more
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Applied Materials Mechanical Engineer Salary

2 - 12 years exp. (55 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 124% more
2 job openings
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₹2.1 L/yr - ₹7.7 L/yr

arrow icon 11% less
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Quest Global Mechanical Engineer Salary

1 - 4 years exp. (51 salaries)

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₹2.9 L/yr - ₹7 L/yr

arrow icon 5% less
1 job opening
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 11% 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 in Bangalore / Bengaluru

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5 years exp.
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10 years exp.
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5 years exp.
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4 years exp.

Experience wise Magnus Power Mechanical Engineer salaries in Bangalore / Bengaluru

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr

Similar Designation salaries in Magnus Power

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₹2.8 L/yr - ₹4.8 L/yr
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₹5 L/yr - ₹11.5 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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  • Job security - Excellent
  • +3 more

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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  • Salary - Poor
  • +2 more

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.

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  • Salary - Excellent
  • +6 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 Bangalore / Bengaluru?
Mechanical Engineer salary at Magnus Power in Bangalore / Bengaluru ranges between ₹4.9 Lakhs to ₹5.7 Lakhs for experience between 4 years to 10 years. According to our estimates it is 9% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magnus Power Bangalore / Bengaluru.
How does the salary of a Mechanical Engineer at Magnus Power Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Magnus Power is 9% more than the average salary of a Mechanical Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Magnus Power to a Mechanical Engineer in Bangalore / Bengaluru?
  • Alstom Transportation Mechanical Engineer Salary - ₹8.0 Lakhs to ₹21.5 Lakhs per year
  • Applied Materials Mechanical Engineer Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Magnus Power in Bangalore / Bengaluru?
  • Quest Global Mechanical Engineer Salary - ₹2.9 Lakhs to ₹7.0 Lakhs per year
  • Source Engineering And Technology Services Mechanical Engineer Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
  • Megha Engineering & Infrastructures Mechanical Engineer Salary - ₹2.1 Lakhs to ₹7.7 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Magnus Power in Bangalore / Bengaluru?
The estimated take-home salary of a Mechanical Engineer at Magnus Power ranges between ₹40,777 per month to ₹41,931 per month in Bangalore / Bengaluru. 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 in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the Magnus Power Mechanical Engineers in Bangalore / Bengaluru reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magnus Power Mechanical Engineer salary in Bangalore / Bengaluru 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.