Bihar Sponge Iron Mechanical Maintenance Engineer Salaries by 3 Employees

1 - 8 years exp.

₹3 Lakhs - ₹19.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

82% more than the average Mechanical Maintenance Engineer Salary in Iron & Steel Companies for 1 - 8 years of experience

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Last Updated: 31 Dec 2023

Companies similar to Bihar Sponge Iron for Mechanical Maintenance Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Wire Ropes Mechanical Maintenance Engineer Salary 1 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 63% less
Suraj Products Mechanical Maintenance Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 74% less
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SAL STEEL Mechanical Maintenance Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr 53% less
Bhagwati Autocast Mechanical Maintenance Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 62% less
Geekay Wires Mechanical Maintenance Engineer Salary 7 - 8 years exp. (4 salaries)	₹4.9 L/yr - ₹5.4 L/yr 38% less

Mechanical Maintenance Engineer salary at Bihar Sponge Iron ranges between ₹3 Lakhs to ₹19.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Bihar Sponge Iron.

Experience wise Bihar Sponge Iron Mechanical Maintenance Engineer salaries

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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8 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr

Similar Designation salaries in Bihar Sponge Iron

Mechanical Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹4.3 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Electrical Engineer Salary

(3 salaries)

₹5.1 L/yr - ₹9 L/yr

Maintenance Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Shift Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Shift Incharge Salary

(5 salaries)

₹2.6 L/yr - ₹4.8 L/yr

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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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Bihar Sponge Iron Mechanical Maintenance Engineer Salary FAQs

How the salary growth look like for a Mechanical Maintenance Engineer at Bihar Sponge Iron in India?

The salary growth for a Mechanical Maintenance Engineer at Bihar Sponge Iron depends on factors such as experience, performance, and promotions. On average, a Mechanical Maintenance Engineer can expect the following growth trajectory at Bihar Sponge Iron:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
8 years	₹17.3 Lakhs to ₹22.1 Lakhs per year

and so on.

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Bihar Sponge Iron Mechanical Maintenance Engineer Salaries

Bihar Sponge Iron Mechanical Maintenance Engineer salary in India ranges between ₹3 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bihar Sponge Iron latest salaries received from various employees of Bihar Sponge Iron.