I.B.S. Senior Product Engineer Salaries by 4 Employees (Updated 2025)

3 - 4 years exp.

₹7 Lakhs - ₹8.3 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

47% less than the average Senior Product Engineer Salary in IT Services & Consulting Companies for 3 - 4 years of experience

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Last Updated: 2 Feb 2025

Companies similar to I.B.S. for Senior Product Engineer

Company name	Avg Annual Salary	Open Jobs
LTIMindtree Senior Product Engineer Salary 2 - 8 years exp. (607 salaries)	₹6.6 L/yr - ₹24.1 L/yr 87% more	1 job opening
Tech Mahindra Senior Product Engineer Salary 5 - 11 years exp. (94 salaries)	₹4.9 L/yr - ₹18 L/yr 37% more
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TCS Senior Product Engineer Salary 2 - 9 years exp. (90 salaries)	₹4.3 L/yr - ₹15.5 L/yr 44% more
Wipro Senior Product Engineer Salary 4 - 9 years exp. (57 salaries)	₹5.9 L/yr - ₹21.6 L/yr 90% more
FIS Senior Product Engineer Salary 3 - 10 years exp. (29 salaries)	₹8 L/yr - ₹24.2 L/yr 91% more
HCLTech Senior Product Engineer Salary 0 - 6 years exp. (12 salaries)	₹4.4 L/yr - ₹6.4 L/yr 24% less
Cognizant Senior Product Engineer Salary 3 - 15 years exp. (11 salaries)	₹7.5 L/yr - ₹23 L/yr 94% more
Persistent Systems Senior Product Engineer Salary 6 - 13 years exp. (10 salaries)	₹12 L/yr - ₹21.5 L/yr 128% more
IBM Senior Product Engineer Salary 4 years exp. (5 salaries)	₹20.5 L/yr - ₹22.4 L/yr 192% more
UST Senior Product Engineer Salary 5 - 13 years exp. (5 salaries)	₹5.3 L/yr - ₹24 L/yr 99% more
GlobalLogic Senior Product Engineer Salary 2 - 8 years exp. (4 salaries)	₹7.2 L/yr - ₹8.3 L/yr 10% more
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Hexaware Technologies Senior Product Engineer Salary 6 - 7 years exp. (4 salaries)	₹17 L/yr - ₹28 L/yr 190% more
HCL Group Senior Product Engineer Salary 3 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹8.9 L/yr 13% less
Accenture Senior Product Engineer Salary 4 - 5 years exp. (3 salaries)	₹7 L/yr - ₹11.2 L/yr 25% more
L&T Technology Services Senior Product Engineer Salary 6 - 9 years exp. (3 salaries)	₹5.6 L/yr - ₹16 L/yr 40% more

Senior Product Engineer salary at I.B.S. ranges between ₹7 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of I.B.S..

Experience wise I.B.S. Senior Product Engineer salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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4 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr

Similar Designation salaries in I.B.S.

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Senior Associate Salary

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₹4.7 L/yr - ₹6 L/yr

Senior Consultant Salary

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₹14 L/yr - ₹18.1 L/yr

System Engineer Salary

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₹2.1 L/yr - ₹2.6 L/yr

Lead Software Engineer Salary

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₹14.9 L/yr - ₹19 L/yr

Senior Software Developer Salary

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Software Development Engineer Salary

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₹6.3 L/yr - ₹8 L/yr

Salary related reviews for I.B.S.

Research Associate in New Delhi

Full Time

Research & Development Department

5.0

• posted on 22 Apr 2023

5.0

for Salary and Benefits

Likes

As a female employee I must say IBS is very safe and clam. Working hours and timings are very good and non changing.

Salary - Excellent

+6 more

Dislikes

Nothing as such some people causes discomfort to other colleagues that's avoidable.

Project Manager Civil in Karnataka

Full Time

Consulting Department

2.0

• posted on 14 Jan 2025

2.0

for Salary and Benefits

Likes

Good in working of road expansion and infrastructure projects in venture of big extent in Karnataka Bidar Layout site. Co ordinate of staff in contractor s work progress and promotion of quality commitment s in road formation work

Job security - Good

+1 more

Dislikes

Contractor s staff were not listening and not co ordinate with management of IBS consultant.

Salary - Poor

+1 more

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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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I.B.S. Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at I.B.S. ?

The average salary of a Senior Product Engineer at I.B.S. in India typically ranges from ₹7.0 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Senior Product Engineer at I.B.S. earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Senior Product Engineer Salaries at I.B.S. 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 I.B.S. employees in India.

What is the estimated take home salary of a Senior Product Engineer at I.B.S. in India?

The estimated take-home salary of a Senior Product Engineer at I.B.S. in India typically ranges from ₹55,143 to ₹56,523 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 3 years 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 I.B.S.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than I.B.S. for Senior Product Engineer in India?

IBM	₹20.5 Lakhs to ₹22.4 Lakhs per year
Hexaware Technologies	₹17.0 Lakhs to ₹28.0 Lakhs per year
Persistent Systems	₹12.0 Lakhs to ₹21.5 Lakhs per year
UST	₹5.3 Lakhs to ₹24.0 Lakhs per year
Cognizant	₹7.5 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Senior Product Engineer in companies similar to I.B.S. in India?

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

FIS	₹8.0 Lakhs to ₹24.2 Lakhs per year
Wipro	₹5.9 Lakhs to ₹21.6 Lakhs per year
LTIMindtree	₹6.6 Lakhs to ₹24.1 Lakhs per year
TCS	₹4.3 Lakhs to ₹15.5 Lakhs per year
L&T Technology Services	₹5.6 Lakhs to ₹16.0 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 Senior Product Engineer at I.B.S. in India?

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

Experience	Average Salary Range
3 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
4 years	₹7.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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I.B.S. Senior Product Engineer Salaries

I.B.S. Senior Product Engineer salary in India ranges between ₹7 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 I.B.S. latest salaries received from various employees of I.B.S..