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3.6

based on 1.2k Reviews

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IFB Tool Maker salaries in Bangalore / Bengaluru

Annual salary range
1 - 2 years exp.
₹1.4 Lakh - ₹2.3 Lakhs
Salary of majority employees
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74% less than the average Tool Maker Salary in Consumer Electronics & Appliances Companies for 1 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Maker Salary
1 - 2 years exp. (3 salaries)
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₹1.5 L/yr - ₹2.3 L/yr

Research & Development
Tool Maker Salary
1 year exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.5 L/yr

Last Updated: 15 Jun 2023

Companies similar to IFB for Tool Maker in Bangalore / Bengaluru

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IFB Tool Maker Salary

1 - 2 years exp. (5 salaries)

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₹1.4 L/yr - ₹2.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Micro Plastics Tool Maker Salary

2 - 8 years exp. (43 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 150% more
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Nash Industries Tool Maker Salary

1 - 9 years exp. (30 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 88% more
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Mastercraft Engineers Tool Maker Salary

1 - 4 years exp. (25 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 73% more
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₹1 L/yr - ₹4.2 L/yr

arrow icon 96% more
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Molex Tool Maker Salary

2 - 19 years exp. (18 salaries)

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₹27 L/yr - ₹34.5 L/yr

arrow icon 1752% more
Tool Maker salary at IFB ranges between ₹1.4 Lakh to ₹2.3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB Tool Maker in Bangalore / Bengaluru

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1 year exp.
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Experience wise IFB Tool Maker salaries in Bangalore / Bengaluru

Last Updated: 15 Jun 2023

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.4 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in IFB

Junior Engineer Salary
(60 salaries)
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₹2 L/yr - ₹5.28 L/yr
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₹3 L/yr - ₹7 L/yr
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₹4.75 L/yr - ₹9.2 L/yr
Trainee Salary
(7 salaries)
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₹1 L/yr - ₹2.3 L/yr
Technician Salary
(6 salaries)
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₹0.4 L/yr - ₹3.1 L/yr
Supervisor Salary
(4 salaries)
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₹2 L/yr - ₹3.7 L/yr

Salary related reviews for IFB

4.9

Rated by 3 employees for salary & benefits

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

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

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

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.

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

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 12 Mar 2023

3.0
 for  Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

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Dislikes

I like this organisation but salary package not good and not promoted chance

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Jun 2021

1.0
 for  Salary and Benefits

Likes

...out IFB as a company it doesn't provide you a path to the growth and success....if you have a desire to growth and want good compensation this is truly not the place for it.

read more

Dislikes

Everything, an employee needs or desires for the growth and good compensation but here it's a joke ....this is the 1st company in the world which doesn't provide any kind of incentives at all even if you have done yiu job properly, no motivation at all. Past 3 years no increments also but still company wants good sale and if business is low blamed employees.

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IFB Tool Maker Salary FAQs

What is the salary of Tool Maker at IFB Bangalore / Bengaluru?
Tool Maker salary at IFB in Bangalore / Bengaluru ranges between ₹1.4 Lakhs to ₹2.3 Lakhs for experience between 1 years to 2 years. According to our estimates it is 74% less than the average Tool Maker Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IFB Bangalore / Bengaluru.
How does the salary of a Tool Maker at IFB Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Tool Maker at IFB is 74% less than the average salary of a Tool Maker in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than IFB to a Tool Maker in Bangalore / Bengaluru?
  • Molex Tool Maker Salary - ₹27.0 Lakhs to ₹34.5 Lakhs per year
  • Micro Plastics Tool Maker Salary - ₹2.0 Lakhs to ₹5.3 Lakhs per year
  • Aditya Auto Products & Engineering Tool Maker Salary - ₹1.0 Lakhs to ₹4.2 Lakhs per year
  • Nash Industries Tool Maker Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
  • Mastercraft Engineers Tool Maker Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
What is the estimated take home salary of a Tool Maker at IFB in Bangalore / Bengaluru?
The estimated take-home salary of a Tool Maker at IFB ranges between ₹10,998 per month to ₹12,219 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average IFB Tool Maker salary in India which ranges between ₹1.4 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

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IFB Tool Maker salary in Bangalore / Bengaluru ranges between ₹1.4 Lakh to ₹2.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.