Bansal Precision Forge Tool Room Engineer Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

7% more than the average Tool Room Engineer Salary for 4 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Quality Assurance Tool Room Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 3 Jan 2025

Companies similar to Bansal Precision Forge for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Tool Room Engineer Salary 1 - 10 years exp. (5 salaries)	₹1.6 L/yr - ₹6.5 L/yr 3% less
Ramkrishna Forgings Tool Room Engineer Salary 3 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 9% less
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Rucha Engineers Tool Room Engineer Salary 4 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.6 L/yr 18% less
TVS Sundram Fasteners Tool Room Engineer Salary 2 - 8 years exp. (10 salaries)	₹1.5 L/yr - ₹3.6 L/yr 33% less
Endurance Technologies Tool Room Engineer Salary 0 - 15 years exp. (13 salaries)	₹1.5 L/yr - ₹5.4 L/yr 7% less
Munjal Auto Industries Tool Room Engineer Salary 4 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹4.8 L/yr 4% more
JBM Group Tool Room Engineer Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹6 L/yr 10% less
Rico Auto Industries Tool Room Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹3.6 L/yr 26% less

Tool Room Engineer salary at Bansal Precision Forge ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bansal Precision Forge.

Experience wise Bansal Precision Forge Tool Room Engineer salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

Similar Designation salaries in Bansal Precision Forge

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Quality Engineer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

CNC Programmer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bansal Precision Forge Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Bansal Precision Forge?

Tool Room Engineer salary at Bansal Precision Forge in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 7% more than the average Tool Room Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bansal Precision Forge India.

How does the salary of a Tool Room Engineer at Bansal Precision Forge India compare with the average salary range for this job?

The average salary of a Tool Room Engineer at Bansal Precision Forge is 7% more than the average salary of a Tool Room Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bansal Precision Forge to a Tool Room Engineer in India?

Munjal Auto Industries Tool Room Engineer Salary - ₹3.1 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Tool Room Engineer in companies similar to Bansal Precision Forge in India?

Bharat Forge Tool Room Engineer Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year
Endurance Technologies Tool Room Engineer Salary - ₹1.5 Lakhs to ₹5.4 Lakhs per year
Ramkrishna Forgings Tool Room Engineer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
JBM Group Tool Room Engineer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
Rucha Engineers Tool Room Engineer Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Tool Room Engineer at Bansal Precision Forge in India?

The estimated take-home salary of a Tool Room Engineer at Bansal Precision Forge ranges between ₹28,290 per month to ₹29,679 per month in India. The take-home salary calculation is based on the average Bansal Precision Forge Tool Room Engineer salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Tool Room Engineer at Bansal Precision Forge?

According to AmbitionBox, 50% of the Bansal Precision Forge Tool Room Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bansal Precision Forge Tool Room Engineer Salaries

Bansal Precision Forge Tool Room Engineer salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bansal Precision Forge latest salaries received from various employees of Bansal Precision Forge.