Balasore Alloys Engineer Salaries by 6 Employees (Updated 2025)

1 - 8 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Engineer Salary in Metals & Mining Companies for 1 - 8 years of experience

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Last Updated: 23 Feb 2025

Companies similar to Balasore Alloys for Engineer

Company name	Avg Annual Salary	Open Jobs
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Steel Authority Of India Engineer Salary 0 - 21 years exp. (3 salaries)	₹5 L/yr - ₹9.4 L/yr 82% more
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Hindalco Industries Engineer Salary 3 - 14 years exp. (103 salaries)	₹2.2 L/yr - ₹9.7 L/yr 35% more	1 job opening
Nalco Engineer Salary 1 - 2 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 42% more
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Prakash Industries Engineer Salary 3 - 11 years exp. (44 salaries)	₹3.5 L/yr - ₹7 L/yr 18% more
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Adani Enterprises Engineer Salary 2 - 11 years exp. (13 salaries)	₹4 L/yr - ₹9 L/yr 15% more
Ashapura Group Of Industries Engineer Salary 2 - 12 years exp. (12 salaries)	₹2.6 L/yr - ₹5.4 L/yr 6% less
Jindal Power Engineer Salary 2 - 17 years exp. (10 salaries)	₹4.5 L/yr - ₹7.5 L/yr 12% more
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Engineer salary at Balasore Alloys ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Balasore Alloys.

Experience wise Balasore Alloys Engineer salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹8.3 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.8 L/yr

View all

Similar Designation salaries in Balasore Alloys

Officer Salary

(9 salaries)

₹3 L/yr - ₹5.6 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Junior Engineer Salary

(6 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Technician Salary

(3 salaries)

₹1.5 L/yr - ₹2.3 L/yr

Assistant Engineer Salary

(4 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Executive Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹9 L/yr

Electrical Engineer Salary

(6 salaries)

₹4 L/yr - ₹5.56 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Salary related reviews for Balasore Alloys

Executive in Balasore,Odisha

Quality Assurance Department

5.0

• posted on 11 Dec 2020

5.0

for Salary and Benefits

Likes

Good work environment & culture.Teammates are supportive and management is transparent.Company policies are good, appraisals are fair.

Salary - Excellent

+6 more

Dislikes

Salary is descent but career growth is very slow.During this pandemic period employees are facing lots of difficulties including acute financial crises.

Executive in Balasore

Quality control Department

5.0

• posted on 07 Aug 2018

5.0

for Salary and Benefits

Likes

Teammates very cooperative.Lot of training.Good career growth.Good Salary depending upon working style/good appraisal.No politics.Good environment for learning. Excellent innovative idea by all the workers.Work environment is good.

Salary - Excellent

+6 more

Dislikes

I want to change for better career.

AGM - COMMERCIAL in Falodi

Finance & Accounting Department

1.0

• posted on 07 Nov 2021

1.0

for Salary and Benefits

Likes

Corporate Ispat Alloys Limited promoter are cheater who cheat Government, Banks and employees for their personal interest and ayyashi. Very 3rd class organization.

Dislikes

Fraud company, Abhijit Jaiswal biggest cheater. Salary not paid for 18 months

Salary - Bad

+6 more

Manager (Project Monitoring And Controlling) in Kolkata

Finance & Accounting Department

3.0

• posted on 23 Aug 2018

3.0

for Salary and Benefits

Likes

When you do the lot of paperwork only than real work, obviously you will learn more, It is a good learning place only. good thing is that Plant & work area is maintained by TPM & Six Sigma, 5S this is what most I like here compared to other plants this plant is very neat & clean. good training is given here.

Skill development - Good

Dislikes

Management decision is very poor, MD is the right person with highly talented but no full power.

Job security - Poor

Computer Operator/Data Entry Operator in Balasore

Data entry operator Department

5.0

• posted on 22 Mar 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Excellent

+6 more

Dislikes

Good people

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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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Balasore Alloys Engineer Salary FAQs

What is the salary of Engineer at Balasore Alloys ?

The average salary of a Engineer at Balasore Alloys in India typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Engineer at Balasore Alloys earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Engineer Salaries at Balasore Alloys 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 6 Balasore Alloys employees in India.

What is the estimated take home salary of a Engineer at Balasore Alloys in India?

The estimated take-home salary of a Engineer at Balasore Alloys in India typically ranges from ₹35,565 to ₹36,796 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Balasore Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Balasore Alloys for Engineer in India?

Coal India	₹12.0 Lakhs to ₹19.8 Lakhs per year
Maruti Suzuki	₹5.0 Lakhs to ₹16.5 Lakhs per year
Steel Authority Of India	₹5.0 Lakhs to ₹9.4 Lakhs per year
Vedanta Resources	₹3.4 Lakhs to ₹12.9 Lakhs per year
Hindustan Zinc	₹2.3 Lakhs to ₹11.5 Lakhs per year

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

What is the salary of a Engineer in companies similar to Balasore Alloys in India?

The salary of a Engineer at companies similar to Balasore Alloys in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹2.5 Lakhs to ₹11.5 Lakhs per year
Nalco	₹6.0 Lakhs to ₹8.0 Lakhs per year
Tata Steel	₹2.3 Lakhs to ₹10.5 Lakhs per year
Hindalco Industries	₹2.2 Lakhs to ₹9.7 Lakhs per year
JSW Steel	₹2.4 Lakhs to ₹9.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Engineer at Balasore Alloys in India?

The salary growth for a Engineer at Balasore Alloys depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at Balasore Alloys:

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹8.3 Lakhs per year
2 years	₹4.0 Lakhs to ₹8.4 Lakhs per year
3 years	₹4.0 Lakhs to ₹8.5 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Balasore Alloys Engineer Salaries

Balasore Alloys Engineer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Balasore Alloys latest salaries received from various employees of Balasore Alloys.