IFB Mechanical Engineer Salaries by 9 Employees

0 - 12 years exp.

₹1.7 Lakh - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Mechanical Engineer Salary in Consumer Electronics & Appliances Companies for 0 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.7 L/yr - ₹4.5 L/yr
Quality Assurance Mechanical Engineer Salary 0 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹5.5 L/yr
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Research & Development Mechanical Engineer Salary 2 - 12 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr

Last Updated: 28 Jun 2024

Companies similar to IFB for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Whirlpool Mechanical Engineer Salary 2 - 7 years exp. (19 salaries)	₹1.8 L/yr - ₹8.3 L/yr 1% more
LG Electronics Mechanical Engineer Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹7 L/yr 18% less
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Samsung Mechanical Engineer Salary 1 - 8 years exp. (16 salaries)	₹1 L/yr - ₹7.3 L/yr 21% less
Godrej Industries Group Mechanical Engineer Salary 0 - 8 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 27% less
Voltas Mechanical Engineer Salary 2 - 8 years exp. (48 salaries)	₹1.9 L/yr - ₹6.9 L/yr 15% more
Blue Star Mechanical Engineer Salary 0 - 5 years exp. (19 salaries)	₹1 L/yr - ₹6.3 L/yr 20% less
Siemens Mechanical Engineer Salary 5 - 10 years exp. (45 salaries)	₹3 L/yr - ₹9.3 L/yr 57% more
Bosch Mechanical Engineer Salary 1 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹8.6 L/yr 10% more
OPPO Mechanical Engineer Salary 1 - 7 years exp. (17 salaries)	₹2.5 L/yr - ₹5.5 L/yr 9% more
Bajaj Electricals Mechanical Engineer Salary 0 - 21 years exp. (9 salaries)	₹4 L/yr - ₹9.2 L/yr 87% more
V-Guard Industries Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹4.2 L/yr - ₹5 L/yr 25% more
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PG Electroplast Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4.8 L/yr 23% less
HARMAN Mechanical Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 5% more
Genus Power Infrastructures Mechanical Engineer Salary 1 - 9 years exp. (4 salaries)	₹1 L/yr - ₹6.1 L/yr 5% less
Transsion Mechanical Engineer Salary 2 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹4.2 L/yr 9% less
Sony Mechanical Engineer Salary 10 - 14 years exp. (3 salaries)	₹0.9 L/yr - ₹1.2 L/yr 72% less
Orient Electric Mechanical Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹3.3 L/yr 22% less
Symphony Mechanical Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.4 L/yr - ₹8 L/yr 2% less
Butterfly Gandhimathi Appliances Mechanical Engineer Salary 6 - 9 years exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr 18% more
USHA International Mechanical Engineer Salary 1 - 18 years exp. (3 salaries)	₹1.2 L/yr - ₹6.1 L/yr 20% less

Mechanical Engineer salary at IFB ranges between ₹1.7 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 9 latest salaries received from various employees of IFB.

Experience wise IFB Mechanical Engineer salaries

Last Updated: 28 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in IFB

Electrical Engineer Salary

(5 salaries)

₹1.85 L/yr - ₹7.5 L/yr

Senior Engineer Salary

(45 salaries)

₹3.78 L/yr - ₹9.2 L/yr

Service Engineer Salary

(62 salaries)

₹1.2 L/yr - ₹5.1 L/yr

Executive Engineer Salary

(24 salaries)

₹3.2 L/yr - ₹8.45 L/yr

Junior Engineer Salary

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₹2 L/yr - ₹5.28 L/yr

Maintenance Engineer Salary

(13 salaries)

₹1.8 L/yr - ₹6.3 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Engineer Salary

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₹1.48 L/yr - ₹6.47 L/yr

Senior Electrical Engineer Salary

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Salary related reviews for IFB

5.0

Rated by 1 employees for salary & benefits

Design Engineer in Bangalore / Bengaluru

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

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

Area Sales Manager in Kolkata

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

Salary - Bad

+3 more

Product Development Engineer in Kolkata

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.

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.

Promotions - Poor

+3 more

Procurement Officer in Bangalore / Bengaluru

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

Dislikes

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

Salary - Poor

+5 more

Area Sales Manager in Kolhapur

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.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IFB Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at IFB?

Mechanical Engineer salary at IFB in India ranges between ₹1.7 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 17% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IFB India.

How does the salary of a Mechanical Engineer at IFB India compare with the average salary range for this job?

The average salary of a Mechanical Engineer at IFB is 17% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IFB to a Mechanical Engineer in India?

Bajaj Electricals Mechanical Engineer Salary - ₹4.0 Lakhs to ₹9.2 Lakhs per year
Siemens Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.3 Lakhs per year
V-Guard Industries Mechanical Engineer Salary - ₹4.2 Lakhs to ₹5.0 Lakhs per year
Butterfly Gandhimathi Appliances Mechanical Engineer Salary - ₹4.1 Lakhs to ₹5.2 Lakhs per year
Voltas Mechanical Engineer Salary - ₹1.9 Lakhs to ₹6.9 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to IFB in India?

Bosch Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.6 Lakhs per year
OPPO Mechanical Engineer Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
HARMAN Mechanical Engineer Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Whirlpool Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.3 Lakhs per year
Symphony Mechanical Engineer Salary - ₹1.4 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at IFB in India?

The estimated take-home salary of a Mechanical Engineer at IFB ranges between ₹28,043 per month to ₹29,436 per month in India. The take-home salary calculation is based on the average IFB Mechanical Engineer salary in India which ranges between ₹1.7 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at IFB?

According to AmbitionBox, 57% of the IFB Mechanical Engineers reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IFB Mechanical Engineer Salaries

IFB Mechanical Engineer salary in India ranges between ₹1.7 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IFB latest salaries received from various employees of IFB.