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IFB Automotive

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IFB Automotive Purchase Executive salaries in India

Annual salary range
1 - 8 years exp.
₹1.8 Lakh - ₹6 Lakhs
Salary of majority employees
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At par with the average Purchase Executive Salary in Auto Components Companies for 1 - 8 years of experience

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Last Updated: 30 Nov 2024

Companies similar to IFB Automotive for Purchase Executive

Company name Avg Annual Salary Open Jobs
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Bharat Forge Purchase Executive Salary

1 - 4 years exp. (7 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

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₹2 L/yr - ₹8 L/yr

arrow icon 2% more
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Sundaram Clayton Purchase Executive Salary

2 - 10 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 6% less
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Rane (Madras) Purchase Executive Salary

1 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹3 L/yr

arrow icon 33% less
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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 38% less
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₹4 L/yr - ₹9.9 L/yr

arrow icon 73% more
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Bosch Purchase Executive Salary

1 - 7 years exp. (13 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 8% less
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UNO Minda Purchase Executive Salary

0 - 6 years exp. (79 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 17% less
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Varroc Group Purchase Executive Salary

1 - 15 years exp. (40 salaries)

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₹1 L/yr - ₹9.5 L/yr

arrow icon 22% more
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₹2.3 L/yr - ₹4.6 L/yr

arrow icon 19% less
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Surin Automotive Purchase Executive Salary

1 - 6 years exp. (10 salaries)

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₹3 L/yr - ₹4.4 L/yr

arrow icon 5% less
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Hanon Systems Purchase Executive Salary

2 - 10 years exp. (9 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 22% more
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Gestamp Purchase Executive Salary

1 - 7 years exp. (6 salaries)

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₹1.5 L/yr - ₹7.2 L/yr

arrow icon 7% more
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 22% less
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₹2.6 L/yr - ₹4.8 L/yr

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₹3.1 L/yr - ₹4 L/yr

arrow icon 13% less
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₹3.9 L/yr - ₹5.2 L/yr

arrow icon 17% more
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Meenakshi Polymers Purchase Executive Salary

2 - 4 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 33% less
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Veoneer India Purchase Executive Salary

3 - 4 years exp. (5 salaries)

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₹12.3 L/yr - ₹15 L/yr

arrow icon 269% more
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Sanden Vikas Purchase Executive Salary

7 - 13 years exp. (4 salaries)

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₹4.7 L/yr - ₹9 L/yr

arrow icon 50% more
View all
Purchase Executive salary at IFB Automotive ranges between ₹1.8 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 10 latest salaries received from various employees of IFB Automotive.

Latest annual salaries shared by IFB Automotive Purchase Executive

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Experience wise IFB Automotive Purchase Executive salaries

Last Updated: 30 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹7 L/yr
2 years  (3 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹6 L/yr
View all

Similar Designation salaries in IFB Automotive

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₹2 L/yr - ₹3.6 L/yr
Senior Purchase Executive Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹6.15 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹2.9 L/yr - ₹5.9 L/yr
Purchase Manager Salary
(AmbitionBox Estimate)
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₹16.4 L/yr - ₹20.9 L/yr
Supply Chain Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Procurement Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹5.5 L/yr - ₹8.04 L/yr

Salary related reviews for IFB Automotive

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Design Engineering Department

2.0
  •  posted on 19 Jun 2022

1.0
 for  Salary and Benefits

Likes

Good learning opportunities Hands on experience on products More responsibility for willing candidate

  • Skill development - Good
  • +1 more

Dislikes

Stupid HR policies Huge difference in CTC and in hand, company keeps 30% salary No work life balance

read more
  • Salary - Bad
  • +1 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 25 Sep 2021

5.0
 for  Salary and Benefits

Likes

Environment and culture us very good. My teammates are fully supportive. Companey Policies are good and they give good salary and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There are lots of politics in our companey and work with this politics😒.Salary growth is slow.

read more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 08 Sep 2021

3.0
 for  Salary and Benefits

Likes

I like company and machines this industry is most useful And coming future is very useful i have more experienced in this company iam doing injection molding machine operator is best production line fantastic

read more
  • Skill development - Good
  • +3 more

Dislikes

Securities, facilities, benefits and salary Last one is not take the company employ

read more

Production, Manufacturing & Engineering Department

3.0
  •  posted on 02 Aug 2018

2.0
 for  Salary and Benefits

Likes

Job security is very high. Until we want to leave from IFB, they won't send out.

Dislikes

Compensation also less and growth also low.The work pressure is night.Sometimes I have work 12 - 13 hours a day, even though working more there is no hike in salary...

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 12 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Work culture is horrible in this company. Management doesn't exist in IFB. People have been working here for the last 15-20 years, as a result they don't know how other companies work. Most of the managers do not have work ethics. Freshers/juniors get blamed if anything wrong is detected. This company has no money to rebuild its infrastructure. There is no ac in office, and surprisingly no fans either. There is only one printer available for the whole office( for 200 people). There is a huge shortage of chairs in office, engineers leave their chairs empty for the clients and go for a walk. IFB uses old LCD monitors to design its products ( Most of them gets hanged several times in a day), as a result negative productivity, data losses, customer complaints have become very common in this company, and nobody bothers with all these nowadays. There is no option to choose from a lunch menu, employees consume what the vendor serves on the plate. Employees get zero protein diets in lunch. IFB has never seen paneer, chicken, mutton in its lunch menu. Let's talk about HR department now. HRs don't know how to manage employees' accounts. They make new policies and rules in the middle of a fiscal year just to get rid of paying medical allowances, LTAs on time. Some of them are so rude that employees hesitate to confront them in office or even on call. IFB Automotive is a horrible company to work for. It's a living hell in a sweet city like Bangalore. Edit: Forgot to mention that Mr. Chaitanya, an unmarried frustrated guy at his 40s, is a true madafaka

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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IFB Automotive Purchase Executive Salary FAQs

What is the salary of Purchase Executive at IFB Automotive?
Purchase Executive salary at IFB Automotive in India ranges between ₹1.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 3% more than the average Purchase Executive Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IFB Automotive India.
How does the salary of a Purchase Executive at IFB Automotive India compare with the average salary range for this job?
The average salary of a Purchase Executive at IFB Automotive is 3% more than the average salary of a Purchase Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than IFB Automotive to a Purchase Executive in India?
  • Veoneer India Purchase Executive Salary - ₹12.3 Lakhs to ₹15.0 Lakhs per year
  • Endurance Technologies Purchase Executive Salary - ₹4.0 Lakhs to ₹9.9 Lakhs per year
  • Sanden Vikas Purchase Executive Salary - ₹4.7 Lakhs to ₹9.0 Lakhs per year
  • Rajsriya Automotive Industries Purchase Executive Salary - ₹4.7 Lakhs to ₹6.0 Lakhs per year
  • Hanon Systems Purchase Executive Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Purchase Executive in companies similar to IFB Automotive in India?
  • Varroc Group Purchase Executive Salary - ₹1.0 Lakhs to ₹9.5 Lakhs per year
  • International Automotive Components Purchase Executive Salary - ₹3.9 Lakhs to ₹5.2 Lakhs per year
  • Knorr-Bremse Purchase Executive Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year
  • Gestamp Purchase Executive Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
  • Aurangabad Electricals Purchase Executive Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Purchase Executive at IFB Automotive in India?
The estimated take-home salary of a Purchase Executive at IFB Automotive ranges between ₹29,185 per month to ₹30,561 per month in India. The take-home salary calculation is based on the average IFB Automotive Purchase Executive salary in India which ranges between ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Purchase Executive at IFB Automotive?
According to AmbitionBox, 67% of the IFB Automotive Purchase Executives reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IFB Automotive Purchase Executive salary in India ranges between ₹1.8 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 IFB Automotive latest salaries received from various employees of IFB Automotive.