Ashvini Magnets Pune Purchase Engineer Salaries by 4 Employees

4 - 7 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Salary of majority employees

28% less than the average Purchase Engineer Salary for 4 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Ashvini Magnets for Purchase Engineer in Pune

Ashvini Magnets Purchase Engineer Salary

4 - 7 years exp. (4 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Hrs Process System Purchase Engineer Salary 2 - 6 years exp. (13 salaries)	₹3.5 L/yr - ₹5 L/yr 56% more
Tata Motors Purchase Engineer Salary 1 - 6 years exp. (78 salaries)	₹2 L/yr - ₹4.8 L/yr 18% more
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HYT Engineering Purchase Engineer Salary 1 - 7 years exp. (50 salaries)	₹2.5 L/yr - ₹6.5 L/yr 51% more
Yazaki Purchase Engineer Salary 1 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹6 L/yr 41% more
Thermax Limited Purchase Engineer Salary 2 - 9 years exp. (40 salaries)	₹2 L/yr - ₹7.1 L/yr 89% more

Purchase Engineer salary at Ashvini Magnets ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Ashvini Magnets.

Experience wise Ashvini Magnets Purchase Engineer salaries in Pune

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Ashvini Magnets

Senior Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Junior Engineer Salary

(3 salaries)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Ashvini Magnets

Assistant Manager in Pune

Production & Quality Department

1.0

• posted on 09 Jun 2022

1.0

for Salary and Benefits

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Worst Management.. Only interested in employee harrassment...

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They steal the data from new employees and then fire them without giving notice period. They are looting the information from the employee.

Salary - Bad

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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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Ashvini Magnets Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Ashvini Magnets in Pune?

The average salary of a Purchase Engineer at Ashvini Magnets in Pune typically ranges from ₹2.5 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Purchase Engineer in Pune at Ashvini Magnets earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Purchase Engineer Salaries at Ashvini Magnets 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 4 Ashvini Magnets employees in India.

What is the estimated take home salary of a Purchase Engineer at Ashvini Magnets in Pune?

The estimated take-home salary of a Purchase Engineer at Ashvini Magnets in Pune typically ranges from ₹19,892 to ₹21,556 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 4 salaries received from various employees of Ashvini Magnets. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ashvini Magnets for Purchase Engineer in India?

Thermax Limited	₹2.0 Lakhs to ₹7.1 Lakhs per year
Hrs Process System	₹3.5 Lakhs to ₹5.0 Lakhs per year
HYT Engineering	₹2.5 Lakhs to ₹6.5 Lakhs per year
Yazaki	₹1.8 Lakhs to ₹6.0 Lakhs per year
Tata Motors	₹2.0 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ashvini Magnets, depending on the role and experience level.

How the salary growth look like for a Purchase Engineer at Ashvini Magnets in Pune?

The salary growth for a Purchase Engineer at Ashvini Magnets in Pune depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer in Pune can expect the following growth trajectory at Ashvini Magnets:

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Ashvini Magnets Purchase Engineer Salaries in Pune

Ashvini Magnets Purchase Engineer salary in Pune ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ashvini Magnets latest salaries received from various employees of Ashvini Magnets.