COINDIA Modern Tool Room Tool Design Engineer Salaries by 4 Employees

6 - 9 years exp.

₹3.2 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

112% more than the average Tool Design Engineer Salary for 6 - 9 years of experience

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Last Updated: 20 Nov 2023

Companies similar to COINDIA Modern Tool Room for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Design Engineer Salary 2 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 12% less
Larsen & Toubro Limited Tool Design Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 69% less
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Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 47% less
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 74% less
Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 43% less

Tool Design Engineer salary at COINDIA Modern Tool Room ranges between ₹3.2 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of COINDIA Modern Tool Room.

Experience wise COINDIA Modern Tool Room Tool Design Engineer salaries

Last Updated: 20 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in COINDIA Modern Tool Room

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Design Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹3.6 L/yr

Senior Engineer Salary

(4 salaries)

₹6.2 L/yr - ₹7.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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COINDIA Modern Tool Room Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at COINDIA Modern Tool Room ?

The average salary of a Tool Design Engineer at COINDIA Modern Tool Room in India typically ranges from ₹3.2 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Tool Design Engineer at COINDIA Modern Tool Room earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Tool Design Engineer Salaries at COINDIA Modern Tool Room 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 4 COINDIA Modern Tool Room employees in India.

What is the estimated take home salary of a Tool Design Engineer at COINDIA Modern Tool Room in India?

The estimated take-home salary of a Tool Design Engineer at COINDIA Modern Tool Room in India typically ranges from ₹64,283 to ₹65,921 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 6 years to 9 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 4 salaries received from various employees of COINDIA Modern Tool Room. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Tool Design Engineer in companies similar to COINDIA Modern Tool Room in India?

The salary of a Tool Design Engineer at companies similar to COINDIA Modern Tool Room in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tech Mahindra	₹4.2 Lakhs to ₹13.0 Lakhs per year
Lucas-TVS	₹4.0 Lakhs to ₹6.5 Lakhs per year
Tata Advanced Systems	₹3.0 Lakhs to ₹8.0 Lakhs per year
Larsen & Toubro Limited	₹2.4 Lakhs to ₹3.6 Lakhs per year
Brakes India	₹1.1 Lakhs to ₹6.2 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 Tool Design Engineer at COINDIA Modern Tool Room in India?

The salary growth for a Tool Design Engineer at COINDIA Modern Tool Room depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at COINDIA Modern Tool Room:

Experience	Average Salary Range
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
8 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
9 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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COINDIA Modern Tool Room Tool Design Engineer Salaries

COINDIA Modern Tool Room Tool Design Engineer salary in India ranges between ₹3.2 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 COINDIA Modern Tool Room latest salaries received from various employees of COINDIA Modern Tool Room.