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Magtorq

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4.1

based on 23 Reviews

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Magtorq Salaries in India (Updated 2025)

based on 146 latest salaries
Explore Salaries by Departments
Research & Development Production, Manufacturing & Engineering Quality Assurance Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Design Engineer

0 - 5 years exp. (36 salaries)
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₹1.2 L/yr - ₹3.5 L/yr

Mechanical Engg. Design

1 - 5 years exp. (8 salaries)
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₹2.1 L/yr - ₹3.1 L/yr

QA Engineer

7 - 11 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.5 L/yr

Project Engineer

3 - 13 years exp. (4 salaries)
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₹1.5 L/yr - ₹4 L/yr

Starting your career? Discover Magtorq fresher salaries in India

Lead Finance Accounts

12 - 15 years exp. (4 salaries)
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₹4 L/yr - ₹4.5 L/yr

Quality Engineer

1 - 16 years exp. (4 salaries)
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₹0.6 L/yr - ₹3.5 L/yr

Store Incharge

0 - 23 years exp. (3 salaries)
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₹3.9 L/yr - ₹4.4 L/yr

IT Head

23 - 26 years exp. (3 salaries)
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₹9.6 L/yr - ₹13.2 L/yr

Assistant Manager Design

13 - 17 years exp. (3 salaries)
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₹5.5 L/yr - ₹7.2 L/yr

Regional Sales Manager

18 - 20 years exp. (3 salaries)
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₹14.5 L/yr - ₹16.5 L/yr

Trainee Design Engineer

1 - 3 years exp. (3 salaries)
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₹1.6 L/yr - ₹2.7 L/yr

Quaity Control Engineer

13 - 20 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr

Applications Engineer

2 - 5 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Executive Accountant

15 - 16 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Purchase Assistant

13 - 14 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Project Incharge

5 - 10 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Assistant Manager Information Technology

6 - 10 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

Assistant Design Engineer

18 - 23 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

Maintenance Engineer

6 - 7 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Purchase Executive

1 - 2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Last Updated: 26 Feb, 2025

Top trending discussions

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2w
an architect
Help me choose New Regime or Old Regime for my salary revision
Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits
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Salary related reviews for Magtorq

3.1

Rated by 23 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.

read more
  • Salary - Good
    • +3 more

Dislikes

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

read more

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 .

read more
  • 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 .

read more
  • Salary - Poor
see more salary related reviews
More about working at Magtorq

Magtorq Salary FAQs

How much does Magtorq pay to its employees?
The average annual salary at Magtorq varies depending on the role, experience, and location. The salary ranges for some popular designations at Magtorq, are as follows:

Design Engineer ₹1.2 Lakhs to ₹3.5 Lakhs per year
Mechanical Engg. Design ₹2.1 Lakhs to ₹3.1 Lakhs per year
QA Engineer ₹2.2 Lakhs to ₹2.5 Lakhs per year
Project Engineer ₹1.5 Lakhs to ₹4 Lakhs per year

The highest-paying role, Design Engineer, earns between ₹1.2 Lakh to ₹3.5 Lakhs per year. The top 10% of employees earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹17.2 Lakhs per year. Salaries at Magtorq 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 salary estimates are based on data from 146 salaries submitted by Magtorq employees. Magtorq is rated 3.1 out of 5 stars by its employees on the salary and benefits parameter.

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Magtorq Salaries by Location

Average annual salary in Magtorq is INRunlock blur . Salary estimates are based on 146 Magtorq latest salaries received from various employees of Magtorq.

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