Magtorq Finance & Accounting Salaries by 6 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Lead Finance Accounts 12 - 15 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹4.5 L/yr
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Account Assistant 1 year exp. (AmbitionBox Estimate)	Unlock ₹0.9 L/yr - ₹1.2 L/yr
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Starting your career? Discover Magtorq fresher salaries in India
Lead 18 years exp. (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.9 L/yr
Starting your career? Discover Magtorq fresher salaries in India

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly i... read more

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Salary related reviews for Magtorq

4.0

Rated by 1 employees for salary & benefits

Design Engineer in Hosur

Full Time

Research & Development Department

4.0

• posted on 08 Apr 2022

4.0

for Salary and Benefits

Likes

MES is a office like a institute. Here I learnt many essential qualities of an engineer. This is a place which guides you the right direction.

Salary - Good

+3 more

Dislikes

Can't be satisfied with salary. May not be a perfect place for long term goals.

Junior Design Engineer in Hosur

Research & Development Department

4.0

• posted on 01 Sep 2017

2.0

for Salary and Benefits

Likes

I'm very proud to say we are working under l&t defense projects .then we are following all standards while creating new drawings .we are share all knowledge to others .easily communicate with l&t people and clarify our doubts .

Skill development - Good

+1 more

Dislikes

First of all salary too low comparing others companies.then no bonus & little bit incremental.no other facilities inside the company.some times we got same projects and get boring to work .

Salary - Poor

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Magtorq Salary FAQs

How much does Magtorq pay per year?

The average Magtorq salary ranges from approximately ₹2.2 Lakhs to ₹2.5 Lakhs per year for a QA Engineer and ₹1.2 Lakh to ₹3.5 Lakhs per year for a Design Engineer. Salary estimates are based on 6 Magtorq salaries received from various employees of Magtorq. Magtorq employees rate the overall salary and benefits package 4.0/5 stars.

What is the highest salary in Magtorq?

The highest-paying job at Magtorq is a Design Engineer with a salary of ₹1.2 Lakh to ₹3.5 Lakhs per year. The top 10% of employees earn more than ₹7.47 lakhs per year. The top 1% earn more than a whopping ₹17.24 lakhs per year.

What is the minimum salary in Magtorq?

Minimum salary at Magtorq depends on the role you are applying for. For Trainee Design Engineer the minimum salary is ₹1.6 Lakh to ₹2.7 Lakhs per year, and for QA Engineer the minimum salary is ₹2.2 Lakhs to ₹2.5 Lakhs per year and so on.

What is the notice period at Magtorq in Finance & Accounting Department?

According to AmbitionBox, 100% of the Magtorq employees in Finance & Accounting Department reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Magtorq Finance & Accounting Salaries by Location

Magtorq Finance & Accounting Department salaries in Hosur

Average annual salary in Finance & Accounting department at Magtorq is INR . Salary estimates are based on 6 Magtorq latest salaries received from various employees of Magtorq.