Bharat Aluminium Company (BALCO) Korba Mechanical Engineer Salaries by 6 Employees

3 - 7 years exp.

₹2.9 Lakhs - ₹11.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

75% more than the average Mechanical Engineer Salary in Metals & Mining Companies for 3 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹7.7 L/yr
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Project & Program Management Mechanical Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.9 L/yr

Last Updated: 15 Mar 2023

Companies similar to Bharat Aluminium Company (BALCO) for Mechanical Engineer in Korba

Bharat Aluminium Company (BALCO) Mechanical Engineer Salary

3 - 7 years exp. (6 salaries)

₹2.9 L/yr - ₹11.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ACB (India) Mechanical Engineer Salary 2 - 9 years exp. (41 salaries)	₹2.8 L/yr - ₹4.4 L/yr 51% less
Maruti Clean Coal Power Mechanical Engineer Salary 3 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.3 L/yr 60% less
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Power Mech Projects Mechanical Engineer Salary 4 - 7 years exp. (6 salaries)	₹2.3 L/yr - ₹7 L/yr 47% less
Pradhan Associates Mechanical Engineer Salary 0 - 14 years exp. (6 salaries)	₹2.9 L/yr - ₹9.6 L/yr 29% less
TKIL Mechanical Engineer Salary 7 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr 31% less

Mechanical Engineer salary at Bharat Aluminium Company (BALCO) ranges between ₹2.9 Lakhs to ₹11.1 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Bharat Aluminium Company (BALCO).

Experience wise Bharat Aluminium Company (BALCO) Mechanical Engineer salaries in Korba

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
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5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

Similar Designation salaries in Bharat Aluminium Company (BALCO)

Senior Engineer Salary

(6 salaries)

₹4.5 L/yr - ₹6.79 L/yr

Shift Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹7 L/yr

Project Engineer Salary

(4 salaries)

₹10 L/yr - ₹12 L/yr

Assistant Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.4 L/yr

Salary related reviews for Bharat Aluminium Company (BALCO)

Mechanical Engineer

Other Department

4.0

• posted on 27 Dec 2018

4.0

for Salary and Benefits

Likes

The company is very good for training and skill development, salary and appraisal criteria is also very good. 100% Job security.

Salary - Good

+3 more

Dislikes

Employee growth is slow, the work pressure is very high, I have to work 12 to 16 hrs in 3-4 day in a week.

Engineer Trainee in Korba

Full Time

Energy & Mining Department

5.0

• posted on 03 Oct 2023

5.0

for Salary and Benefits

Likes

...nd fooding at very nominal cost. Best place to learn and grow as a professional. Salary for the core department engineers (i.e. Electrical, Mechanical, Civil, Metallurgy, Mining) are the best in the industry. They treat new joinees as their "Damaad" ( son in law) and try to every possible facilities for those new joinees just seperated from their parents and entering new phase of professional life. They also maintain a healty gender ratio among news joinees that is also cherry on cake for all those B.Tech guys😁.

Salary - Excellent

+6 more

Dislikes

Remote job location. 6 days working. Very less holidays.

Assistant Manager in Korba

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 22 Feb 2022

5.0

for Salary and Benefits

Likes

...h responsibility so that we can develop our soft skills in a very effective way. Also, the salary perks and benefits are excellent.

Salary - Excellent

+6 more

Lead E&I Carbon Plant And Crane Package in Korba

Full Time

Energy & Mining Department

3.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Manpower less but high opportunity to excel your skills. School,Hospital facilities available nearby for family and individual.

Skill development - Good

Dislikes

Work life balance issue. Manpower less in each department. Salary hike will not much.

Associate Manager in Korba

Procurement & Supply Chain Department

4.0

• posted on 17 May 2022

3.0

for Salary and Benefits

Likes

Work life balance and Skill development. After some time interval employees need to rotate the job profile hence vast scope of Skill development.

Work satisfaction - Good

+2 more

Dislikes

Non uniform Salary structure. for ex. Salary of new joiners/fresher is more than an employee with 10 years of rich work experience.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bharat Aluminium Company (BALCO) Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba?

The average salary of a Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba typically ranges from ₹2.9 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Mechanical Engineer in Korba at Bharat Aluminium Company (BALCO) earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Mechanical Engineer Salaries at Bharat Aluminium Company (BALCO) 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 Bharat Aluminium Company (BALCO) employees in India.

What is the estimated take home salary of a Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba?

The estimated take-home salary of a Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba typically ranges from ₹57,613 to ₹59,062 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 3 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 6 salaries received from various employees of Bharat Aluminium Company (BALCO). Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Mechanical Engineer in companies similar to Bharat Aluminium Company (BALCO) in Korba?

The salary of a Mechanical Engineer at companies similar to Bharat Aluminium Company (BALCO) in Korba varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pradhan Associates	₹2.9 Lakhs to ₹9.6 Lakhs per year
TKIL	₹4.2 Lakhs to ₹5.4 Lakhs per year
Power Mech Projects	₹2.3 Lakhs to ₹7.0 Lakhs per year
ACB (India)	₹2.8 Lakhs to ₹4.4 Lakhs per year
Maruti Clean Coal Power	₹3.0 Lakhs to ₹4.3 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 Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba?

The salary growth for a Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Korba can expect the following growth trajectory at Bharat Aluminium Company (BALCO):

Experience	Average Salary Range
3 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
4 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
5 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
6 years	₹6.7 Lakhs to ₹8.6 Lakhs per year

and so on.

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Bharat Aluminium Company (BALCO) Mechanical Engineer Salaries in Korba

Bharat Aluminium Company (BALCO) Mechanical Engineer salary in Korba ranges between ₹2.9 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bharat Aluminium Company (BALCO) latest salaries received from various employees of Bharat Aluminium Company (BALCO).