Goldmedal Electricals Product Engineer Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹3.2 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Product Engineer Salary in Electrical Equipment Companies for 0 - 4 years of experience

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Last Updated: 5 Feb 2025

Companies similar to Goldmedal Electricals for Product Engineer

Company name	Avg Annual Salary	Open Jobs
SasMos HET Technologies Product Engineer Salary 1 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹6.1 L/yr 29% more
Amphenol Interconnect Product Engineer Salary 0 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹7.5 L/yr 41% more
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Kyungshin Industrial Motherson Product Engineer Salary 2 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.1 L/yr 23% less
Belden Product Engineer Salary 3 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹9.2 L/yr 105% more
Salzer Electronics Product Engineer Salary 3 - 6 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 2% less

Product Engineer salary at Goldmedal Electricals ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Goldmedal Electricals.

Experience wise Goldmedal Electricals Product Engineer salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.8 L/yr

Similar Designation salaries in Goldmedal Electricals

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Senior Engineer Salary

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₹5.3 L/yr - ₹6.8 L/yr

System Engineer Salary

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₹28.4 L/yr - ₹36.2 L/yr

Software Engineer Salary

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₹4 L/yr - ₹18.75 L/yr

Senior Software Engineer Salary

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₹7 L/yr - ₹9 L/yr

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₹11.8 L/yr - ₹15.1 L/yr

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₹3.2 L/yr - ₹4.1 L/yr

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Salary related reviews for Goldmedal Electricals

Territory Sales Manager in Chandigarh

Full Time

Sales & Business Development Department

2.0

• posted on 17 Jun 2024

2.0

for Salary and Benefits

Likes

Salary before 7th

Dislikes

Lala ji company style...one has to keep lala ji happy more to stay in the system....lala ji hear about you from multiple people and will do what your area manager says .9.30am to 7.30pm 6days working.

Salary - Poor

+6 more

Back End Executive in Vijayawada

Full Time

Finance & Accounting Department

5.0

• posted on 21 May 2023

4.0

for Salary and Benefits

Likes

Goldmedal Electricals at Vijayawada, AP divisional office, working here is superb, i have learned lots of things and fellowship persons and Senior persons are super supportive. Handling the Credit note issue and returns and replacements of goods management. Every things is good here

Salary - Good

+6 more

Dislikes

Starting salary for Highly educated persons and experience persons from other companies no hike at all, in some circumstances they are telling if you do not have goldmedal Electricals relevant experience you can not expect a starting hike as a experience holder. But they hike your salary very good manner every years do not need to switch.

Accountant in Cuttack

Full Time

Finance & Accounting Department

1.0

• posted on 14 Sep 2023

1.0

for Salary and Benefits

Likes

nothing to be like work sector is like a pan shop

Dislikes

they are is in initial level nothing they know about corporate ,no work life balance,no good salary,management has no power,the agents of branches are the head and owners they have all rights ,recruitment and fired the employees like the employees and nuts for them 👎

Salary - Bad

+6 more

Senior Accounts Executive in Vasai-Virar

Full Time

Finance & Accounting Department

1.0

• posted on 21 Mar 2024

1.0

for Salary and Benefits

Likes

Women are not safe in all vasai depo hod harrasement and demanding, any girl or women please don't join in account department hod is very bad treated and Black mailer I have 6 years experience in this company.

Dislikes

Hr is not supported 12 hrs duty to all men staff and every one faced many problems salary and others benefit for only chatu employe only.

Salary - Bad

+6 more

Back End Executive in Vijayawada

Finance & Accounting Department

5.0

• posted on 10 Nov 2022

3.0

for Salary and Benefits

Likes

It's is Superb. Just you have to start from start because you do not have any knowledge about this Company. once you get through, you can achieve a good heights as on sales and marketing field.

Skill development - Excellent

+5 more

Dislikes

A little bit not tuff for starting salary but after experiencing it pay good in comparison to other players in market.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Goldmedal Electricals Product Engineer Salary FAQs

What is the salary of Product Engineer at Goldmedal Electricals ?

The average salary of a Product Engineer at Goldmedal Electricals in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Product Engineer at Goldmedal Electricals earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Product Engineer Salaries at Goldmedal Electricals 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 Goldmedal Electricals employees in India.

What is the estimated take home salary of a Product Engineer at Goldmedal Electricals in India?

The estimated take-home salary of a Product Engineer at Goldmedal Electricals in India typically ranges from ₹24,631 to ₹26,076 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 Goldmedal Electricals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Goldmedal Electricals for Product Engineer in India?

Belden	₹2.4 Lakhs to ₹9.2 Lakhs per year
Amphenol Interconnect	₹2.9 Lakhs to ₹7.5 Lakhs per year
SasMos HET Technologies	₹3.5 Lakhs to ₹6.1 Lakhs per year

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

What is the salary of a Product Engineer in companies similar to Goldmedal Electricals in India?

The salary of a Product Engineer at companies similar to Goldmedal Electricals in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Salzer Electronics	₹2.0 Lakhs to ₹4.0 Lakhs per year
Kyungshin Industrial Motherson	₹2.2 Lakhs to ₹4.1 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 Product Engineer at Goldmedal Electricals in India?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years	₹1.4 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.3 Lakhs per year

and so on.

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Goldmedal Electricals Product Engineer Salaries

Goldmedal Electricals Product Engineer salary in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Goldmedal Electricals latest salaries received from various employees of Goldmedal Electricals.