Magtorq Hosur Salaries by 100+ Employees (Updated 2025)

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Research & Development Production, Manufacturing & Engineering Quality Assurance Finance & Accounting + 4 more

Designation	Avg Annual Salary	Open Jobs
Draughtsman Mechanical 14 years exp. · Hosur (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Senior Draughtsman Mechanical 7 years exp. · Hosur (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Starting your career? Discover Magtorq fresher salaries in India
Lathe Machine Operator Turner 14 years exp. · Hosur (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 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 inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Salary related reviews for Magtorq

3.1

Rated by 21 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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Know more about Magtorq Hosur

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 108 Magtorq salaries received from various employees of Magtorq. Magtorq employees rate the overall salary and benefits package 3.1/5 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 Hosur?

According to AmbitionBox, 58% of the Magtorq employees in Hosur reported a notice period of 1 Month, 24% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Magtorq Hosur Salaries by Department

Average annual salary in Magtorq , Hosur is INR . Salary estimates are based on 108 Magtorq latest salaries received from various employees of Magtorq.

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