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

59% 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
Philips Product Engineer Salary 0 - 2 years exp. (6 salaries)	₹9.5 L/yr - ₹11.3 L/yr 207% more
Siemens Product Engineer Salary 0 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹14.5 L/yr 158% more	1 job opening
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SasMos HET Technologies Product Engineer Salary 1 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹6.1 L/yr 27% more
Kyungshin Industrial Motherson Product Engineer Salary 2 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.1 L/yr 23% less
Amphenol Interconnect Product Engineer Salary 0 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹7.1 L/yr 33% more	1 job opening
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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₹4.1 L/yr - ₹5.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹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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₹7.6 L/yr - ₹9.7 L/yr

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₹7 L/yr - ₹9 L/yr

Technical Lead Salary

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₹11.8 L/yr - ₹15.1 L/yr

Senior Associate Salary

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₹3.2 L/yr - ₹4.1 L/yr

Software Developer Salary

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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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Goldmedal Electricals Product Engineer Salary FAQs

What is the salary of Product Engineer at Goldmedal Electricals?

Product Engineer salary at Goldmedal Electricals in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 59% less than the average Product Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Goldmedal Electricals India.

How does the salary of a Product Engineer at Goldmedal Electricals India compare with the average salary range for this job?

The average salary of a Product Engineer at Goldmedal Electricals is 59% less than the average salary of a Product Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Goldmedal Electricals to a Product Engineer in India?

Philips Product Engineer Salary - ₹9.5 Lakhs to ₹11.3 Lakhs per year
Siemens Product Engineer Salary - ₹3.6 Lakhs to ₹14.5 Lakhs per year
Belden Product Engineer Salary - ₹2.4 Lakhs to ₹9.2 Lakhs per year
Amphenol Interconnect Product Engineer Salary - ₹2.9 Lakhs to ₹7.1 Lakhs per year
SasMos HET Technologies Product Engineer Salary - ₹3.5 Lakhs to ₹6.1 Lakhs per year

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

Salzer Electronics Product Engineer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Kyungshin Industrial Motherson Product Engineer Salary - ₹2.2 Lakhs to ₹4.1 Lakhs per year

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 ranges between ₹24,631 per month to ₹26,076 per month in India. The take-home salary calculation is based on the average Goldmedal Electricals Product Engineer salary in India which ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Product Engineer at Goldmedal Electricals?

According to AmbitionBox, 100% of the Goldmedal Electricals Product Engineers reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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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.