Bajaj Auto new Product Development Engineer Salaries by 4 Employees (Updated 2024)

8 - 21 years exp.

₹6 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

114% more than the average new Product Development Engineer Salary in Automobile Companies for 8 - 21 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Bajaj Auto for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Hero MotoCorp new Product Development Engineer Salary 6 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹11.8 L/yr 5% more
TVS Motor new Product Development Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 68% less
Login to view exact salary
Mahindra & Mahindra new Product Development Engineer Salary 0 - 12 years exp. (10 salaries)	₹2 L/yr - ₹7.4 L/yr 38% less
Maruti Suzuki new Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 10% more
Tata Motors new Product Development Engineer Salary 1 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5.2 L/yr 62% less
Ashok Leyland new Product Development Engineer Salary 1 - 4 years exp. (10 salaries)	₹2 L/yr - ₹4.2 L/yr 59% less
Royal Enfield new Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 75% less
Suzuki Motorcycle new Product Development Engineer Salary 4 - 8 years exp. (5 salaries)	₹4.8 L/yr - ₹8.6 L/yr 13% less
Automotive Manufacturers new Product Development Engineer Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 72% less
ANTOLIN new Product Development Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 60% less
Ford Motor new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹11.1 L/yr 21% less
Login to view exact salary
VE Commercial Vehicles new Product Development Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr 72% less
CNH Industrial new Product Development Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹11.5 L/yr 22% less
Daimler India Commercial Vehicles new Product Development Engineer Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 44% less

new Product Development Engineer salary at Bajaj Auto ranges between ₹6 Lakhs to ₹13 Lakhs per year for employees with experience between 8 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Auto.

Experience wise Bajaj Auto new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.5 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr

Similar Designation salaries in Bajaj Auto

Product Development Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Development Engineer Salary

(6 salaries)

₹7 L/yr - ₹10.15 L/yr

Production Engineer Salary

(202 salaries)

₹1.15 L/yr - ₹8.5 L/yr

Senior Design Engineer Salary

(22 salaries)

₹6.7 L/yr - ₹13 L/yr

Project Engineer Salary

(5 salaries)

₹3.1 L/yr - ₹15 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.45 L/yr - ₹6.3 L/yr

Production Manager Salary

(12 salaries)

₹10.74 L/yr - ₹44.5 L/yr

Design Engineer Salary

(205 salaries)

₹1.07 L/yr - ₹12.5 L/yr

Salary related reviews for Bajaj Auto

Production Manager in Aurangabad

Full Time

Production Department

2.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Good pay till mid management. Salary are reduced for many employees. Hire and Fire culture is getting adopted. Less No job security in the mind of many employees.

Dislikes

...n future. Less opportunity and position in top management due to lean structure. Salary bands are getting changed at certain level no hike in basic pay. 6 day working and less paid off makes working hectic and low scope for work life balance

Production Manager in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jun 2022

4.0

for Salary and Benefits

Likes

1. Top management is helpful and supportive. 2. Always supports in learning new things. 3. Enrich experienced collogues are always sharing knowledge and help whenever get stuck in some issue. 4. Provides various training and given opportunity to represent factory on national level competitions. 5. Compensation & benefits are good.

Dislikes

1. Work- life balance needs to improve

Production Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 09 May 2021

1.0

for Salary and Benefits

Likes

...from job...Job security is ur luck otherwise u hv to behave as per boss wish....salary part is divided into 2 terms that u know only after salary credit...total CTC includes fixed & variable...variable salary is 30-40% of ur ctc,which u never receive in ur career irrespective of ur work & sincerity... Don't spoil ur career by just considering Brand or Pune.... Comapny Neither provides transport facilty nor food..

Dislikes

Everything is not good...both management & union is harassing managers...

Design Engineer in Akurdi, Pune

Full Time

Research & Development Department

1.0

• posted on 08 Nov 2022

1.0

for Salary and Benefits

Likes

Work life balance

Dislikes

*No hike *No appreciation *We have to work hard and managers take credit Totally irresponsible HRs they don't want to know anything about the employees happiness during tenure even they don't want meet any employees while leaving the company to take any feedback. *I waited for 1 month for my experience letter after taking many follow-ups. *I waited for more than two months for my PF amont after taking many follow ups neither I received it nor any reply from HRs *no growth *no extra curricular activities.

Production Manager in Pune

Assembly Department

2.0

• posted on 30 Jun 2022

1.0

for Salary and Benefits

Likes

Nothing much to like. Everyone wish to resign from their duties due over pressure & dead targets. Food served is quite good as it is maintained by Sodexo.

Dislikes

...ign at any time without prior information or without satisfactory clarification. Heavy salary deduction happened across all level under market cap nomenclature. No one is satisfied with work life balance, have to stay almost 11-12 hours per day to complete target. Unionized cell members are another problem when you are working in production, they are too much aggressive & reluctant for any operation performance. Management never supports you in case of union issues & you are responsible for any issues in your shop

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Bajaj Auto?

Ask anonymously on communities.

Bajaj Auto new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Bajaj Auto?

new Product Development Engineer salary at Bajaj Auto in India ranges between ₹6.0 Lakhs to ₹13.0 Lakhs for experience between 8 years to 21 years. According to our estimates it is 114% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Auto India.

How does the salary of a new Product Development Engineer at Bajaj Auto India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Bajaj Auto is 114% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Auto to a new Product Development Engineer in India?

Maruti Suzuki new Product Development Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Hero MotoCorp new Product Development Engineer Salary - ₹6.5 Lakhs to ₹11.8 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Bajaj Auto in India?

Suzuki Motorcycle new Product Development Engineer Salary - ₹4.8 Lakhs to ₹8.6 Lakhs per year
Ford Motor new Product Development Engineer Salary - ₹4.5 Lakhs to ₹11.1 Lakhs per year
CNH Industrial new Product Development Engineer Salary - ₹2.8 Lakhs to ₹11.5 Lakhs per year
Mahindra & Mahindra new Product Development Engineer Salary - ₹2.0 Lakhs to ₹7.4 Lakhs per year
Daimler India Commercial Vehicles new Product Development Engineer Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Bajaj Auto in India?

The estimated take-home salary of a new Product Development Engineer at Bajaj Auto ranges between ₹59,760 per month to ₹61,270 per month in India. The take-home salary calculation is based on the average Bajaj Auto new Product Development Engineer salary in India which ranges between ₹6.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 8 years to 21 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Bajaj Auto?

According to AmbitionBox, 100% of the Bajaj Auto new Product Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Auto Salaries >
Bajaj Auto new Product Development Engineer Salaries

Bajaj Auto new Product Development Engineer salary in India ranges between ₹6 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Auto latest salaries received from various employees of Bajaj Auto.