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Annual salary range
2 - 8 years exp.
₹2.6
Lakhs - ₹3.2
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Process Engineer Salary at Magna Electro Castings ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 7 latest salaries received...
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54% less than the average Process Engineer Salary in Iron & Steel Companies for 2 - 8 years of experience
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Companies similar to Magna Electro Castings for Process Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 JSW Steel Process Engineer Salary
3 - 15 years exp. (29 salaries) |  ₹2.4 L/yr - ₹6 L/yr 
41%
more | |
 Tata Steel Process Engineer Salary
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| ||
 Ptc Industries Process Engineer Salary
0 - 5 years exp. (4 salaries) | ₹2 L/yr - ₹4.6 L/yr
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more | |
 Electrotherm Process Engineer Salary
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 Jindal Saw Process Engineer Salary
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Magna Electro Castings Process Engineer salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹3.1
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹3.2
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹3.2
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹3.2
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹2.7
L/yr
- ₹3.2
L/yr
|
View all salaries by experience
Similar Designation Salaries at Magna Electro Castings
| Similar Designation | Avg. annual salary |
|---|---|
Project Engineer Salary
(AmbitionBox Estimate)
| ₹2.8 L/yr - ₹3.6 L/yr |
Production Engineer Salary
(8 salaries)
| ₹2 L/yr - ₹6 L/yr |
Login to view exact salary
| |
Senior Engineer Salary
(18 salaries)
| ₹3.1 L/yr - ₹7.8 L/yr |
Quality Engineer Salary
(13 salaries)
| ₹2.7 L/yr - ₹4.2 L/yr |
Junior Engineer Salary
(AmbitionBox Estimate)
| ₹1.8 L/yr - ₹2.3 L/yr |
View more similar designations
Top trending discussions
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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me.
I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Magna Electro Castings Process Engineer Salary FAQs
What is the salary of Process Engineer at Magna Electro Castings ?
The average salary of a Process Engineer at Magna Electro Castings in India typically ranges from ₹2.6 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 8 years).
The top 10% of Process Engineer at Magna Electro Castings earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Process Engineer Salaries at Magna Electro Castings 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 estimates are based on salary data submitted by 7 Magna Electro Castings employees in India.
The top 10% of Process Engineer at Magna Electro Castings earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Process Engineer Salaries at Magna Electro Castings 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 estimates are based on salary data submitted by 7 Magna Electro Castings employees in India.
What is the estimated take home salary of a Process Engineer at Magna Electro Castings in India?
The estimated take-home salary of a Process Engineer at Magna Electro Castings in India typically ranges from ₹20,934 to ₹22,584 per month. This is based on the average salary range of
₹2.6 Lakhs to ₹3.2 Lakhs
per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Magna Electro Castings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magna Electro Castings for Process Engineer in India?
| Jindal Saw | ₹6.0 Lakhs to ₹6.6 Lakhs per year |
| Tata Steel | ₹3.3 Lakhs to ₹6.8 Lakhs per year |
| JSW Steel | ₹2.4 Lakhs to ₹6.0 Lakhs per year |
| Ptc Industries | ₹2.0 Lakhs to ₹4.6 Lakhs per year |
| Electrotherm | ₹2.7 Lakhs to ₹3.2 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Electro Castings, depending on the role and experience level.
How the salary growth look like for a Process Engineer at Magna Electro Castings in India?
The salary growth for a Process Engineer at Magna Electro Castings depends on factors such as experience, performance, and promotions. On average, a Process Engineer can expect the following growth trajectory at Magna Electro Castings:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.6 Lakhs to ₹3.1 Lakhs per year |
| 3 years | ₹2.6 Lakhs to ₹3.2 Lakhs per year |
| 4 years | ₹2.6 Lakhs to ₹3.2 Lakhs per year |
| 5 years | ₹2.6 Lakhs to ₹3.2 Lakhs per year |
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Magna Electro Castings Process Engineer salary
in
India
ranges between ₹2.6
Lakhs to ₹3.2
Lakhs with an average annual salary of
₹
. Salary estimates are based on
7
Magna Electro Castings latest salaries received from various employees of
Magna Electro Castings.