IFB Purchase Engineer Salaries by 5 Employees (Updated 2025)

2 - 4 years exp.

₹3 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

At par with the average Purchase Engineer Salary in Consumer Electronics & Appliances Companies for 2 - 4 years of experience

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Last Updated: 20 Feb 2025

Companies similar to IFB for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
LG Electronics Purchase Engineer Salary 0 - 3 years exp. (14 salaries)	₹1.8 L/yr - ₹8 L/yr 2% less
Genus Power Infrastructures Purchase Engineer Salary 2 - 7 years exp. (11 salaries)	₹3.3 L/yr - ₹6 L/yr 16% more
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Voltas Purchase Engineer Salary 1 - 9 years exp. (10 salaries)	₹2.2 L/yr - ₹7.5 L/yr 18% more
Bajaj Electricals Purchase Engineer Salary 1 - 4 years exp. (9 salaries)	₹1.6 L/yr - ₹3 L/yr 38% less
OPPO Purchase Engineer Salary 3 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹6.4 L/yr 34% more
Butterfly Gandhimathi Appliances Purchase Engineer Salary 3 - 10 years exp. (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr 11% less
Whirlpool Purchase Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹4.2 L/yr 5% less
Blue Star Purchase Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4.5 L/yr 37% less
V-Guard Industries Purchase Engineer Salary 1 - 4 years exp. (4 salaries)	₹4.1 L/yr - ₹6 L/yr 35% more
OnePlus Purchase Engineer Salary 3 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 50% more
Nitiraj Engineers Purchase Engineer Salary 2 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹3.6 L/yr 33% less
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Samsung Purchase Engineer Salary 4 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹6.1 L/yr 42% more

Purchase Engineer salary at IFB ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Experience wise IFB Purchase Engineer salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr

Similar Designation salaries in IFB

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(4 salaries)

₹2.4 L/yr - ₹4 L/yr

Purchase Manager Salary

(3 salaries)

₹6.1 L/yr - ₹18 L/yr

Graduate Engineer Salary

(7 salaries)

₹3.6 L/yr - ₹6 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Executive Engineer Salary

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₹3.2 L/yr - ₹8.45 L/yr

Junior Engineer Salary

(71 salaries)

₹2 L/yr - ₹5.28 L/yr

Procurement Engineer Salary

(3 salaries)

₹6 L/yr - ₹6.8 L/yr

Senior Engineer Salary

(44 salaries)

₹3.78 L/yr - ₹9.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Purchase Executive Salary

(3 salaries)

₹4.5 L/yr - ₹6 L/yr

Salary related reviews for IFB

3.0

Rated by 1 employees for salary & benefits

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

Assistant Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Good Team and Work Culture-People in general are helpful Managers are usually considerate

Work-life balance - Good

Dislikes

Salary growth is slow- They. hire you at a low salary in mid level so even a 10-15% annual jump wont give you the desired returns Top Management is too old fashioned and are not receptive to changing market needs

Senior Executive in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

3.0

• posted on 04 Feb 2025

2.0

for Salary and Benefits

Likes

Salary on time Work life balance is ok but Saturday is working here

Job security - Good

+1 more

Dislikes

Hr policy and response is really pathetic. No proper feedback ,for everything they will say we dont have fancy positions,fancy department….. If you ara a fresher or 2,3 experienced person dont think about ifb bangalore, its really old technology and almost all are manual lines. For relaxing and job security uou can plan here

Salary - Poor

+4 more

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IFB Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at IFB ?

The average salary of a Purchase Engineer at IFB in India typically ranges from ₹3.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Purchase Engineer at IFB earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Purchase 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 5 IFB employees in India.

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

The estimated take-home salary of a Purchase Engineer at IFB in India typically ranges from ₹28,162 to ₹29,553 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 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 5 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 Purchase Engineer in India?

OnePlus	₹4.2 Lakhs to ₹7.0 Lakhs per year
Samsung	₹4.8 Lakhs to ₹6.1 Lakhs per year
V-Guard Industries	₹4.1 Lakhs to ₹6.0 Lakhs per year
OPPO	₹3.5 Lakhs to ₹6.4 Lakhs per year
Voltas	₹2.2 Lakhs to ₹7.5 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 Purchase Engineer in companies similar to IFB in India?

The salary of a Purchase Engineer at companies similar to IFB in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Genus Power Infrastructures	₹3.3 Lakhs to ₹6.0 Lakhs per year
LG Electronics	₹1.8 Lakhs to ₹8.0 Lakhs per year
Whirlpool	₹2.8 Lakhs to ₹4.2 Lakhs per year
Butterfly Gandhimathi Appliances	₹2.5 Lakhs to ₹4.5 Lakhs per year
Nitiraj Engineers	₹1.9 Lakhs to ₹3.6 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 Purchase Engineer at IFB in India?

The salary growth for a Purchase Engineer at IFB depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at IFB:

Experience	Average Salary Range
2 years	₹1.3 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.0 Lakhs to ₹7.0 Lakhs per year

and so on.

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IFB Purchase Engineer Salaries

IFB Purchase Engineer salary in India ranges between ₹3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.