Funskool India Chennai Product Development Engineer Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹2.3 Lakhs - ₹4 Lakhs

Salary of majority employees

56% less than the average Product Development Engineer Salary in Other Companies for 2 - 6 years of experience

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Salaries in different departments

Research & Development Product Development Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹4 L/yr
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Production, Manufacturing & Engineering Product Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 15 Nov 2023

Companies similar to Funskool India for Product Development Engineer in Chennai

Funskool India Product Development Engineer Salary

2 - 6 years exp. (4 salaries)

₹2.3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Ford Motor Product Development Engineer Salary 4 - 11 years exp. (38 salaries)	₹7.9 L/yr - ₹20.8 L/yr 340% more
Detroit Engineered Products Product Development Engineer Salary 2 - 6 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 50% more
Login to view exact salary
HCLTech Product Development Engineer Salary 1 - 7 years exp. (24 salaries)	₹2.6 L/yr - ₹7.1 L/yr 29% more
Renault Nissan Technology & Business Centre India Product Development Engineer Salary 2 - 10 years exp. (20 salaries)	₹5.7 L/yr - ₹9.5 L/yr 101% more
Mahindra & Mahindra Product Development Engineer Salary 0 - 6 years exp. (15 salaries)	₹2.4 L/yr - ₹10 L/yr 105% more

Product Development Engineer salary at Funskool India ranges between ₹2.3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Funskool India.

Experience wise Funskool India Product Development Engineer salaries in Chennai

Last Updated: 15 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.8 L/yr

Similar Designation salaries in Funskool India

Senior Engineer Salary

(6 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Production Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹3.14 L/yr

Salary related reviews for Funskool India

5.0

Rated by 2 employees for salary & benefits

Area Sales Officer in Chennai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Nov 2023

2.0

for Salary and Benefits

Likes

Good for beginners and that too just for one year. I gave rating bases on my working period. Now I think things changed little bit.

Job security - Good

Dislikes

Very low Salary, no promotion, No incentive, increase product price to keep P&L somewhat okay.

Salary - Poor

+5 more

Senior Accounts Executive in New Delhi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Mar 2024

1.0

for Salary and Benefits

Likes

Job Security

Job security - Good

+1 more

Dislikes

The primary concern lies in its compensation structure, which falls below market standards, resulting in dissatisfaction among employees. Additionally, the lack of growth opportunities adds to the overall discontent. Appraisal increments are disappointingly low, further exacerbating the issue. These factors combined make it challenging for employees to feel valued and motivated within the company.

Salary - Bad

+2 more

Product Development Engineer in Chennai

Engineering Department

3.0

• posted on 07 Aug 2022

5.0

for Salary and Benefits

Likes

Friendly peoples. You can learn.

Salary - Excellent

+4 more

Dislikes

Rapid travel..where will you going to be today that is not in your hand..married peoples think twice before apply for this position. Otherwise you will suffer.. if you are family concerned than don't come.

Work satisfaction - Poor

+1 more

Graduate Student in Ranipet

Intern

Quality Assurance Department

1.0

• posted on 21 Aug 2023

1.0

for Salary and Benefits

Likes

Worst Management and Interview taken in any firm is this company just they cheat you and send you home back never believe and never go for interview in this as this company just waste our time and be wait for their calls with complete sincerity.

Dislikes

Everything mainly The Worst Management.

Salary - Bad

+6 more

Operator in Goa

Other Department

3.0

• posted on 24 Apr 2021

1.0

for Salary and Benefits

Likes

nothing

Dislikes

contract basis work so dont have any security for workers,and aslo payment of each worker is abou 400-420₹ ,8hr/day but after deduction of contract charges and other like PF ESIC in hand payment will be 350-355 only, OT not available..Mobile not allowed.

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Funskool India Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Funskool India Chennai?

Product Development Engineer salary at Funskool India in Chennai ranges between ₹2.3 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 56% less than the average Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Funskool India Chennai.

How does the salary of a Product Development Engineer at Funskool India Chennai compare with the average salary range for this job?

The average salary of a Product Development Engineer at Funskool India is 56% less than the average salary of a Product Development Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Funskool India to a Product Development Engineer in Chennai?

Ford Motor Product Development Engineer Salary - ₹7.9 Lakhs to ₹20.8 Lakhs per year
Mahindra & Mahindra Product Development Engineer Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
Renault Nissan Technology & Business Centre India Product Development Engineer Salary - ₹5.7 Lakhs to ₹9.5 Lakhs per year
Detroit Engineered Products Product Development Engineer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
HCLTech Product Development Engineer Salary - ₹2.6 Lakhs to ₹7.1 Lakhs per year

What is the estimated take home salary of a Product Development Engineer at Funskool India in Chennai?

The estimated take-home salary of a Product Development Engineer at Funskool India ranges between ₹24,710 per month to ₹26,154 per month in Chennai. The take-home salary calculation is based on the average Funskool India Product Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at Funskool India in Chennai?

According to AmbitionBox, 100% of the Funskool India Product Development Engineers in Chennai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Funskool India Product Development Engineer Salaries in Chennai

Funskool India Product Development Engineer salary in Chennai ranges between ₹2.3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Funskool India latest salaries received from various employees of Funskool India.