Funskool India Senior Engineer Product Development Salaries by 6 Employees (Updated 2025)

6 - 9 years exp.

₹3.5 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

66% less than the average Senior Engineer Product Development Salary in Other Companies for 6 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Engineer Product Development Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹7 L/yr
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Research & Development Senior Engineer Product Development Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr

Last Updated: 25 Feb 2025

Companies similar to Funskool India for Senior Engineer Product Development

Company name	Avg Annual Salary	Open Jobs
HARMAN Senior Engineer Product Development Salary 3 - 8 years exp. (835 salaries)	₹7.5 L/yr - ₹24.5 L/yr 238% more
FIS Senior Engineer Product Development Salary 3 - 8 years exp. (113 salaries)	₹8 L/yr - ₹16 L/yr 103% more
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Envestnet Asset Management Senior Engineer Product Development Salary 2 - 4 years exp. (37 salaries)	₹6.9 L/yr - ₹12 L/yr 74% more
TE Connectivity Senior Engineer Product Development Salary 8 - 13 years exp. (28 salaries)	₹9.5 L/yr - ₹30 L/yr 333% more
UST Senior Engineer Product Development Salary 3 - 8 years exp. (24 salaries)	₹6.7 L/yr - ₹18.5 L/yr 168% more

Senior Engineer Product Development salary at Funskool India ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Funskool India.

Experience wise Funskool India Senior Engineer Product Development salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹9.5 L/yr
7 years (3 salaries)	₹4.9 L/yr - ₹6 L/yr
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8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.2 L/yr

Salary related reviews for Funskool India

3.0

Rated by 1 employees for salary & benefits

Senior Engineer- Maintenance in Panaji

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 17 Mar 2025

2.0

for Salary and Benefits

Likes

As there was no separate section such as electrical and mechanical under the maintenance department, it was a great hands on experience in handling varied engineering discipline jobs.

Skill development - Excellent

+2 more

Dislikes

No work life balance, and no salary satisfaction.

Salary - Poor

+1 more

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

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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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Funskool India Senior Engineer Product Development Salary FAQs

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

The average salary of a Senior Engineer Product Development at Funskool India in India typically ranges from ₹3.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Senior Engineer Product Development at Funskool India earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Senior Engineer Product Development Salaries at Funskool India 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 Funskool India employees in India.

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

The estimated take-home salary of a Senior Engineer Product Development at Funskool India in India typically ranges from ₹38,995 to ₹40,175 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹7.0 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 6 salaries received from various employees of Funskool India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Funskool India for Senior Engineer Product Development in India?

TE Connectivity	₹9.5 Lakhs to ₹30.0 Lakhs per year
HARMAN	₹7.5 Lakhs to ₹24.5 Lakhs per year
UST	₹6.7 Lakhs to ₹18.5 Lakhs per year
FIS	₹8.0 Lakhs to ₹16.0 Lakhs per year
Envestnet Asset Management	₹6.9 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Funskool India, depending on the role and experience level.

How the salary growth look like for a Senior Engineer Product Development at Funskool India in India?

The salary growth for a Senior Engineer Product Development at Funskool India depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Product Development can expect the following growth trajectory at Funskool India:

Experience	Average Salary Range
6 years	₹3.9 Lakhs to ₹9.5 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.0 Lakhs per year
8 years	₹2.1 Lakhs to ₹7.0 Lakhs per year
9 years	₹3.5 Lakhs to ₹9.2 Lakhs per year

and so on.

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Funskool India Senior Engineer Product Development Salaries

Funskool India Senior Engineer Product Development salary in India ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Funskool India latest salaries received from various employees of Funskool India.