IFB Senior Engineer Purchase Salaries by 6 Employees (Updated 2025)

5 - 9 years exp.

₹5.6 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Senior Engineer Purchase Salary in Consumer Electronics & Appliances Companies for 5 - 9 years of experience

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Last Updated: 26 Jan 2025

Companies similar to IFB for Senior Engineer Purchase

Company name	Avg Annual Salary	Open Jobs
LG Electronics Senior Engineer Purchase Salary 2 - 8 years exp. (13 salaries)	₹4.3 L/yr - ₹9.8 L/yr 6% less
Samsung Senior Engineer Purchase Salary 3 - 14 years exp. (4 salaries)	₹4.8 L/yr - ₹7 L/yr 22% less
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Voltas Senior Engineer Purchase Salary 7 - 9 years exp. (4 salaries)	₹6.7 L/yr - ₹7.5 L/yr 3% more
Blue Star Senior Engineer Purchase Salary 3 - 7 years exp. (4 salaries)	₹7 L/yr - ₹7.3 L/yr At par
Siemens Senior Engineer Purchase Salary 4 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹6.1 L/yr 20% less
Genus Power Infrastructures Senior Engineer Purchase Salary 4 - 11 years exp. (12 salaries)	₹4.3 L/yr - ₹7 L/yr 18% less
V-Guard Industries Senior Engineer Purchase Salary 5 - 11 years exp. (4 salaries)	₹6.3 L/yr - ₹9.7 L/yr 22% more
Bajaj Electricals Senior Engineer Purchase Salary 4 - 16 years exp. (4 salaries)	₹4.5 L/yr - ₹8.5 L/yr 3% less
OPPO Senior Engineer Purchase Salary 2 - 8 years exp. (3 salaries)	₹7 L/yr - ₹12 L/yr 34% more

Senior Engineer Purchase salary at IFB ranges between ₹5.6 Lakhs to ₹9.1 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of IFB.

Experience wise IFB Senior Engineer Purchase salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.5 L/yr
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7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.3 L/yr

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₹4 L/yr - ₹4.5 L/yr

Purchase Officer Salary

(4 salaries)

₹2.4 L/yr - ₹4 L/yr

Regional Logistics Manager Salary

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Deputy Manager Purchase Salary

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₹7.5 L/yr - ₹14 L/yr

Salary related reviews for IFB

2.0

Rated by 1 employees for salary & benefits

Senior Engineer Purchase in Kolkata

Full Time

Procurement & Supply Chain Department

2.0

• posted on 20 Nov 2023

2.0

for Salary and Benefits

Likes

Job security and on time salary.

Job security - Good

Dislikes

90 days notice period is mandatory here. If somebody leaves even on 89th day they will not hand over the release letter and they will not settle any full and final even after working for 10 yrs. They can transfer u any of their location at any point of time.

Salary - Poor

+2 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

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

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IFB Senior Engineer Purchase Salary FAQs

What is the salary of Senior Engineer Purchase at IFB ?

The average salary of a Senior Engineer Purchase at IFB in India typically ranges from ₹5.6 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Senior Engineer Purchase at IFB earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Senior Engineer Purchase 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 Senior Engineer Purchase at IFB in India?

The estimated take-home salary of a Senior Engineer Purchase at IFB in India typically ranges from ₹53,223 to ₹54,548 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 5 years to 9 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 Senior Engineer Purchase in India?

OPPO	₹7.0 Lakhs to ₹12.0 Lakhs per year
V-Guard Industries	₹6.3 Lakhs to ₹9.7 Lakhs per year
Voltas	₹6.7 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 Senior Engineer Purchase in companies similar to IFB in India?

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

Blue Star	₹7.0 Lakhs to ₹7.3 Lakhs per year
Bajaj Electricals	₹4.5 Lakhs to ₹8.5 Lakhs per year
LG Electronics	₹4.3 Lakhs to ₹9.8 Lakhs per year
Genus Power Infrastructures	₹4.3 Lakhs to ₹7.0 Lakhs per year
Siemens	₹4.5 Lakhs to ₹6.1 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 Senior Engineer Purchase at IFB in India?

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

Experience	Average Salary Range
5 years	₹5.6 Lakhs to ₹5.6 Lakhs per year
6 years	₹5.6 Lakhs to ₹6.5 Lakhs per year
7 years	₹2.8 Lakhs to ₹7.0 Lakhs per year
8 years	₹3.2 Lakhs to ₹9.1 Lakhs per year

and so on.

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IFB Senior Engineer Purchase Salaries

IFB Senior Engineer Purchase salary in India ranges between ₹5.6 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IFB latest salaries received from various employees of IFB.