Underground Magnetics Salaries by 30+ Employees (Updated 2025)

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Production, Manufacturing & Engineering Finance & Accounting Research & Development Customer Success, Service & Operations + 1 more

Designation	Avg Annual Salary	Open Jobs
Service Engineer 2 - 9 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr	1 job opening
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Production Engineer 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹3.9 L/yr
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Assembly Engineer 5 - 9 years exp. (4 salaries)	₹4.4 L/yr - ₹5.6 L/yr
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Testing Support Engineer 7 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹5.1 L/yr
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Deputy Manager Finance Accounts 8 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr
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Senior Service Engineer 8 - 9 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Assistant Manager Service 11 - 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Accounts Executive and Audit Assistant 2 - 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Deputy Accounts and Finance Manager 7 - 12 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Hardware Testing Engineer 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Telecom Testing Engineer 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Accountant 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Account Assistant 3 years exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Test Engineer 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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Engineer- Customer Support 5 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Quality Test Engineer 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Company Secretary 8 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Senior Production Engineer 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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Senior Test Engineer 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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Assembly Technician 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Underground Magnetics Salary FAQs

How much does Underground Magnetics pay per year?

The average Underground Magnetics salary ranges from approximately ₹2.7 Lakhs to ₹3.9 Lakhs per year for a Production Engineer and ₹3 Lakhs to ₹4.8 Lakhs per year for a Service Engineer. Salary estimates are based on 39 Underground Magnetics salaries received from various employees of Underground Magnetics. Underground Magnetics employees rate the overall salary and benefits package 3.0/5 stars.

What is the highest salary in Underground Magnetics?

The highest-paying job at Underground Magnetics is a Service Engineer with a salary of ₹3 Lakhs to ₹4.8 Lakhs per year. The top 10% of employees earn more than ₹6 lakhs per year. The top 1% earn more than a whopping ₹10 lakhs per year.

What is the minimum salary in Underground Magnetics?

Minimum salary at Underground Magnetics depends on the role you are applying for. For Account Assistant the minimum salary is ₹0.9 Lakh to ₹1.2 Lakh per year, and for Production Engineer the minimum salary is ₹2.7 Lakhs to ₹3.9 Lakhs per year and so on.

What is the notice period at Underground Magnetics?

According to AmbitionBox, 64% of the Underground Magnetics employees reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Underground Magnetics Salaries by Location

Underground Magnetics Salaries by Department

Average annual salary in Underground Magnetics is INR . Salary estimates are based on 39 Underground Magnetics latest salaries received from various employees of Underground Magnetics.