Magtorq Salaries by 100+ Employees (Updated 2025)

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Research & Development Production, Manufacturing & Engineering Quality Assurance Finance & Accounting + 6 more

Designation	Avg Annual Salary	Open Jobs
Senior Draughtsman Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Software Developer 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Project Engineer Mechanical 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Product Lead 8 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Customer Service Manager 11 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Project Manager-Production/Manufacturing/Maintenance Experience: NA (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Senior Design Engineer 3 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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Draughtsman 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Purchase & Store Executive 13 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Technical Engineer Experience: NA (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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Engineer 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr
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Manager 1 - 17 years exp. (3 salaries)	₹7.9 L/yr - ₹9.6 L/yr
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Designer 1 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Assistant Manager 13 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Lead 18 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Assembly Fitter 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr
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Draughtsman Mechanical 2 - 14 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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Senior Draughtsman Mechanical 7 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Lathe Machine Operator Turner 14 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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.

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 146 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?

According to AmbitionBox, 54% of the Magtorq employees reported a notice period of 1 Month, 26% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

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Magtorq Salaries by Location

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