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IFB Diploma Mechanical Engineer salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Diploma Mechanical Engineer Salary in Consumer Electronics & Appliances Companies for 0 - 4 years of experience

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Last Updated: 18 Jan 2025

Companies similar to IFB for Diploma Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Whirlpool Diploma Mechanical Engineer Salary

2 - 4 years exp. (3 salaries)

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₹2.4 L/yr - ₹3.1 L/yr

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₹1.5 L/yr - ₹3.7 L/yr

arrow icon 4% more
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Samsung Diploma Mechanical Engineer Salary

0 - 4 years exp. (6 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 11% less
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₹4 L/yr - ₹4.2 L/yr

arrow icon 72% more
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Voltas Diploma Mechanical Engineer Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 4% less
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Blue Star Diploma Mechanical Engineer Salary

0 - 2 years exp. (4 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

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Siemens Diploma Mechanical Engineer Salary

1 - 7 years exp. (8 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

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Bosch Diploma Mechanical Engineer Salary

1 - 7 years exp. (32 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

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OPPO Diploma Mechanical Engineer Salary

0 - 4 years exp. (10 salaries)

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₹1.6 L/yr - ₹3 L/yr

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₹2.4 L/yr - ₹3.2 L/yr

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₹1.6 L/yr - ₹3 L/yr

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₹2.7 L/yr - ₹3.5 L/yr

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Diploma Mechanical Engineer salary at IFB ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB Diploma Mechanical Engineer

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6 months exp.

Experience wise IFB Diploma Mechanical Engineer salaries

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4 L/yr

Similar Designation salaries in IFB

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₹1.7 L/yr - ₹6.5 L/yr
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₹1.85 L/yr - ₹7.5 L/yr
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₹6 L/yr - ₹8.64 L/yr
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₹2.5 L/yr - ₹6 L/yr
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₹1.8 L/yr - ₹6.3 L/yr
Senior Engineer Salary
(44 salaries)
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₹3.78 L/yr - ₹9.2 L/yr
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₹1.2 L/yr - ₹5.1 L/yr
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₹3.2 L/yr - ₹8.45 L/yr
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₹1.48 L/yr - ₹6.47 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for IFB

Full Time

 · 

Research & Development Department

3.0
  •  posted on 22 Jan 2025

3.0
 for  Salary and Benefits

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

read more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 12 Jan 2025

1.0
 for  Salary and Benefits

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 01 Oct 2024

4.0
 for  Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

read more
  • Salary - Good
  • +1 more

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 18 Jul 2023

2.0
 for  Salary and Benefits

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

read more

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort

  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Feb 2024

4.0
 for  Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

  • Salary - Good
  • +3 more

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

read more
see more salary related reviews

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IFB Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at IFB ?
The average salary of a Diploma Mechanical Engineer at IFB in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Diploma Mechanical Engineer at IFB earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Diploma Mechanical Engineer Salaries at IFB 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 6 IFB employees in India.
What is the estimated take home salary of a Diploma Mechanical Engineer at IFB in India?
The estimated take-home salary of a Diploma Mechanical Engineer at IFB in India typically ranges from ₹16,539 to ₹18,239 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 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 6 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IFB for Diploma Mechanical Engineer in India?
Godrej Industries Group ₹4.0 Lakhs to ₹4.2 Lakhs per year
Siemens ₹2.2 Lakhs to ₹4.5 Lakhs per year
USHA International ₹2.7 Lakhs to ₹3.5 Lakhs per year
Whirlpool ₹2.4 Lakhs to ₹3.1 Lakhs per year
Bosch ₹1.4 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IFB, depending on the role and experience level.
What is the salary of a Diploma Mechanical Engineer in companies similar to IFB in India?
The salary of a Diploma Mechanical Engineer at companies similar to IFB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Orient Electric ₹2.4 Lakhs to ₹3.2 Lakhs per year
TTK Prestige ₹1.6 Lakhs to ₹3.0 Lakhs per year
LG Electronics ₹1.5 Lakhs to ₹3.7 Lakhs per year
Blue Star ₹1.3 Lakhs to ₹3.5 Lakhs per year
Voltas ₹2.0 Lakhs to ₹2.8 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 IFB in India?
The salary growth for a Diploma Mechanical Engineer at IFB depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at IFB:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹4.6 Lakhs per year
1 year ₹2.4 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.0 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.1 Lakhs to ₹2.6 Lakhs per year
and so on.

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IFB Diploma Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IFB latest salaries received from various employees of IFB.