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IFB R&D Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹2.4 Lakhs - ₹6.5 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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56% less than the average R&D Engineer Salary in Consumer Electronics & Appliances Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development
R&D Engineer Salary
2 - 4 years exp. (4 salaries)
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₹4.5 L/yr - ₹6.5 L/yr

Production, Manufacturing & Engineering
R&D Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Last Updated: 17 Nov 2023

Companies similar to IFB for R&D Engineer

Company name Avg Annual Salary Open Jobs
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Samsung R&D Engineer Salary

0 - 3 years exp. (48 salaries)

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₹10.7 L/yr - ₹18 L/yr

arrow icon 168% more
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V-Guard Industries R&D Engineer Salary

2 - 6 years exp. (28 salaries)

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₹4 L/yr - ₹6.9 L/yr

arrow icon 22% more
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LG Electronics R&D Engineer Salary

0 - 5 years exp. (27 salaries)

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₹3 L/yr - ₹10.4 L/yr

arrow icon 59% more
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Voltas R&D Engineer Salary

1 - 7 years exp. (8 salaries)

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₹2 L/yr - ₹5.7 L/yr

arrow icon 18% less
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Control Print R&D Engineer Salary

1 - 3 years exp. (7 salaries)

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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 51% less
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₹2.6 L/yr - ₹7 L/yr

arrow icon 27% more
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Blue Star R&D Engineer Salary

0 - 3 years exp. (6 salaries)

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₹1.7 L/yr - ₹3.7 L/yr

arrow icon 17% less
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Orient Electric R&D Engineer Salary

0 - 3 years exp. (6 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 29% more
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PG Electroplast R&D Engineer Salary

2 - 4 years exp. (5 salaries)

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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 5% less
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HARMAN R&D Engineer Salary

2 - 6 years exp. (5 salaries)

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₹4.7 L/yr - ₹9.6 L/yr

arrow icon 100% more
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Whirlpool R&D Engineer Salary

1 - 9 years exp. (5 salaries)

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₹4.7 L/yr - ₹8.5 L/yr

arrow icon 52% more
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OPPO R&D Engineer Salary

0 - 2 years exp. (4 salaries)

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₹16 L/yr - ₹20 L/yr

arrow icon 328% more
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Nitiraj Engineers R&D Engineer Salary

2 - 6 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.7 L/yr

arrow icon 52% less
1 job opening
R&D Engineer salary at IFB ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB R&D Engineer

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1 year exp.
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2 years exp.
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Experience wise IFB R&D Engineer salaries

Last Updated: 17 Nov 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10.7 L/yr

Similar Designation salaries in IFB

Senior Engineer Salary
(44 salaries)
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₹3.78 L/yr - ₹9.2 L/yr
Design Engineer Salary
(23 salaries)
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₹2.8 L/yr - ₹6.6 L/yr
Junior Engineer Salary
(71 salaries)
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₹2 L/yr - ₹5.28 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹10.25 L/yr - ₹15.85 L/yr
Officer Salary
(4 salaries)
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₹2 L/yr - ₹4.8 L/yr
Analyst Salary
(4 salaries)
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₹3.36 L/yr - ₹8.4 L/yr
Deputy Manager Salary
(58 salaries)
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₹10.5 L/yr - ₹22.4 L/yr
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₹4 L/yr - ₹6.6 L/yr
Technical Lead Salary
(3 salaries)
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₹2.4 L/yr - ₹17.5 L/yr

Salary related reviews for IFB

2.6

Rated by 2 employees for salary & benefits

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

Research & Development Department

3.0
  •  posted on 27 Jul 2018

2.0
 for  Salary and Benefits

Likes

Work culture is pretty flexible. People are quite approachable. You can get to work upon the projects that you are interested in, so ultimately you would develop the profile that you desire. It is product based company, so you get to see physical products and get inspired from benchmark designs and studies. Being sole responsible for the project, you learn multi facets to the project and can grow from on job experience.

read more
  • Job security - Excellent
  • +2 more

Dislikes

...ly, its reverse and top management assigns you project according to you skill. 4)Salary is very low, when compared to market rates. 5) If you are passionate and want to grow more, this ISN'T company for you. 6) Meritocracy is never identified and rewarded. Set of fixed persons, who are known by manager or HOD gets better benefits. 7) Canteen food is very poor. Even after repeated complaints, the caterer wasn't changed. Opinion of the employees is not strongly considered. 8) HR people are sitting to put all type of constraints on you, but not to support you. 15 minutes late and half day salary is cut (Timings are fixed (8.5 hrs daily) and no work from home. Monday to Saturday work days) Don't listen to provide sufficient facilities. For new joinees, no assets come on time. You have to run to raise PO, procure components to finish your projects, as if you are going to get bonus for completing the project. (No Bonus is given, its from your CTC and given to you at year end. Pathetic HR Policies) 9) Very recently they have started giving increments once in two years. They never announced official of course. But, showing some losses they don't give increments every year. 10) There are no fixed set of regulations or procedures. Every one defines their own work style. System is highly person dependent. Notice period is sharp 3 months, non negotiable. So, searching for another job is pretty tough.

read more
  • Salary - Poor
  • +3 more

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

read more

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

read more
  • Salary - Poor
  • +4 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
see more salary related reviews

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IFB R&D Engineer Salary FAQs

What is the salary of R&D Engineer at IFB ?
The average salary of a R&D Engineer at IFB in India typically ranges from ₹2.4 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of R&D Engineer at IFB earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. R&D 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 R&D Engineer at IFB in India?
The estimated take-home salary of a R&D Engineer at IFB in India typically ranges from ₹30,816 to ₹32,118 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year 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 R&D Engineer in India?
OPPO ₹16.0 Lakhs to ₹20.0 Lakhs per year
Samsung ₹10.7 Lakhs to ₹18.0 Lakhs per year
HARMAN ₹4.7 Lakhs to ₹9.6 Lakhs per year
LG Electronics ₹3.0 Lakhs to ₹10.4 Lakhs per year
Whirlpool ₹4.7 Lakhs to ₹8.5 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 R&D Engineer in companies similar to IFB in India?
The salary of a R&D 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 ₹3.8 Lakhs to ₹8.0 Lakhs per year
Genus Power Infrastructures ₹2.6 Lakhs to ₹7.0 Lakhs per year
V-Guard Industries ₹4.0 Lakhs to ₹6.9 Lakhs per year
PG Electroplast ₹3.6 Lakhs to ₹4.5 Lakhs per year
Blue Star ₹1.7 Lakhs to ₹3.7 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 R&D Engineer at IFB in India?
The salary growth for a R&D Engineer at IFB depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at IFB:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹4.3 Lakhs per year
2 years ₹1.4 Lakhs to ₹4.5 Lakhs per year
3 years ₹1.9 Lakhs to ₹6.5 Lakhs per year
4 years ₹5.5 Lakhs to ₹10.7 Lakhs per year
and so on.

Tell us how to improve this page.

IFB R&D Engineer salary in India ranges between ₹2.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.