HBL Power Systems Diploma Mechanical Engineer Salaries by 4 Employees

1 - 6 years exp.

₹1.7 Lakh - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Diploma Mechanical Engineer Salary in Electrical Equipment Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Quality Assurance Diploma Mechanical Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to HBL Power Systems for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Finolex Cables Diploma Mechanical Engineer Salary 0 - 24 years exp. (4 salaries)	₹0.4 L/yr - ₹4.5 L/yr 6% less
Elecon Engineering Diploma Mechanical Engineer Salary 1 - 12 years exp. (4 salaries)	₹1.7 L/yr - ₹3.2 L/yr 12% more
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Modern Insulators Diploma Mechanical Engineer Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 3% more
Havells Diploma Mechanical Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4.5 L/yr 37% more
CG Power and Industrial Solutions Diploma Mechanical Engineer Salary 1 year exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 8% less

Diploma Mechanical Engineer salary at HBL Power Systems ranges between ₹1.7 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HBL Power Systems.

Experience wise HBL Power Systems Diploma Mechanical Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in HBL Power Systems

Mechanical Engineer Salary

(10 salaries)

₹1.95 L/yr - ₹4.15 L/yr

Electrical Engineer Salary

(13 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Electrical Engineer Salary

(4 salaries)

₹5 L/yr - ₹8.64 L/yr

Senior Service Engineer Salary

(5 salaries)

₹1.9 L/yr - ₹6 L/yr

Maintenance Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹4.4 L/yr

Senior Engineer Salary

(105 salaries)

₹2.75 L/yr - ₹8.67 L/yr

Service Engineer Salary

(54 salaries)

₹1 L/yr - ₹5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Production Engineer Salary

(42 salaries)

₹1.9 L/yr - ₹6 L/yr

Project Engineer Salary

(23 salaries)

₹2.15 L/yr - ₹5 L/yr

Salary related reviews for HBL Power Systems

5.0

Rated by 1 employees for salary & benefits

Service Engineer in New Delhi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Feb 2019

3.0

for Salary and Benefits

Likes

Team management is good, place to learn more, salary is good, life is good, full technical job for electrical and electronics seekers.. But we will have to give all day more than 8 hours.. Not fixed time as service engineer, train travelling more as filed

Skill development - Good

+2 more

Service Engineer in New Delhi

Construction & Site Engineering Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Service Engineer in Yapral

Full Time

Construction & Site Engineering Department

4.0

• posted on 28 Oct 2020

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Senior Engineer in Shamirpet

Quality Assurance Department

4.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

Good and positive environment. Colleagues are supportive and the management is very good. Company policies are appraisal are fair and they give bonus every year.

Dislikes

There is a lot of politics. Salary hike is slow.

Job security - Poor

+1 more

Service Engineer in New Delhi

Engineering - Software & QA Department

5.0

• posted on 13 Mar 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts technology. I love the fact that i am a part of a team that high quality products and has a global clients base.

Salary - Good

+5 more

Dislikes

Compensation is decent ,but growth is slow.The work pressure is average sometimes its grow up.

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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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HBL Power Systems Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at HBL Power Systems ?

The average salary of a Diploma Mechanical Engineer at HBL Power Systems in India typically ranges from ₹1.7 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Diploma Mechanical Engineer at HBL Power Systems earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Diploma Mechanical Engineer Salaries at HBL Power Systems 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 HBL Power Systems employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at HBL Power Systems in India?

The estimated take-home salary of a Diploma Mechanical Engineer at HBL Power Systems in India typically ranges from ₹14,038 to ₹15,523 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 HBL Power Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HBL Power Systems for Diploma Mechanical Engineer in India?

Havells	₹2.2 Lakhs to ₹4.5 Lakhs per year
Elecon Engineering	₹1.7 Lakhs to ₹3.2 Lakhs per year
Modern Insulators	₹2.0 Lakhs to ₹2.2 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to HBL Power Systems in India?

The salary of a Diploma Mechanical Engineer at companies similar to HBL Power Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Finolex Cables	₹0.4 Lakhs to ₹4.5 Lakhs per year
CG Power and Industrial Solutions	₹1.5 Lakhs to ₹2.4 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 Diploma Mechanical Engineer at HBL Power Systems in India?

The salary growth for a Diploma Mechanical Engineer at HBL Power Systems depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at HBL Power Systems:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹1.9 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
6 years	₹1.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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HBL Power Systems Diploma Mechanical Engineer Salaries

HBL Power Systems Diploma Mechanical Engineer salary in India ranges between ₹1.7 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HBL Power Systems latest salaries received from various employees of HBL Power Systems.

HBL Power Systems Diploma Mechanical Engineer salaries in India

Companies similar to HBL Power Systems for Diploma Mechanical Engineer

Latest annual salaries shared by HBL Power Systems Diploma Mechanical Engineer

Experience wise HBL Power Systems Diploma Mechanical Engineer salaries

Similar Designation salaries in HBL Power Systems

Salary related reviews for HBL Power Systems

Service Engineer in New Delhi

Service Engineer in New Delhi

Service Engineer in Yapral

Senior Engineer in Shamirpet

Service Engineer in New Delhi

HBL Power Systems Diploma Mechanical Engineer Salary FAQs

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