Bharat Aluminium Company (BALCO) Korba Mechanical Engineer Salaries by 6 Employees (Updated 2024)

3 - 7 years exp.

₹2.9 Lakhs - ₹11.1 Lakhs

Salary of majority employees

59% 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. (46 salaries)	₹2.8 L/yr - ₹5.5 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
Login to view exact salary
Power Mech Projects Mechanical Engineer Salary 4 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹4.7 L/yr 47% less
Pradhan Associates Mechanical Engineer Salary 0 - 14 years exp. (5 salaries)	₹2.9 L/yr - ₹9.6 L/yr 30% less
TKIL Mechanical Engineer Salary 7 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹6.9 L/yr 29% 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)	₹2.9 L/yr - ₹10.3 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11.3 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12.4 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.6 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.

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😁.

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.

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.

Dislikes

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

ITI Electrician in Korba

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Aug 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. teammates are supportive and the management is transparent.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

see more salary related reviews

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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?

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Bharat Aluminium Company (BALCO) Mechanical Engineer Salary FAQs

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

Mechanical Engineer salary at Bharat Aluminium Company (BALCO) in Korba ranges between ₹2.9 Lakhs to ₹11.1 Lakhs for experience between 3 years to 7 years. According to our estimates it is 59% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bharat Aluminium Company (BALCO) Korba.

How does the salary of a Mechanical Engineer at Bharat Aluminium Company (BALCO) Korba compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Bharat Aluminium Company (BALCO) is 59% more than the average salary of a Mechanical Engineer in Korba. To know exact salary insights, login to view.

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

TKIL Mechanical Engineer Salary - ₹4.2 Lakhs to ₹6.9 Lakhs per year
Pradhan Associates Mechanical Engineer Salary - ₹2.9 Lakhs to ₹9.6 Lakhs per year
Power Mech Projects Mechanical Engineer Salary - ₹2.3 Lakhs to ₹4.7 Lakhs per year
ACB (India) Mechanical Engineer Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
Maruti Clean Coal Power Mechanical Engineer Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year

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) ranges between ₹57,613 per month to ₹59,062 per month in Korba. The take-home salary calculation is based on the average Bharat Aluminium Company (BALCO) Mechanical Engineer salary in India which ranges between ₹2.9 Lakhs to ₹11.1 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Bharat Aluminium Company (BALCO) in Korba?

According to AmbitionBox, 100% of the Bharat Aluminium Company (BALCO) Mechanical Engineers in Korba reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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).