IHBL Mechanical Engineer Salaries by 6 Employees (Updated 2024)

3 - 5 years exp.

₹7 Lakhs - ₹8 Lakhs

Salary of majority employees

57% more than the average Mechanical Engineer Salary for 3 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr
Login to view exact salary
Construction & Site Engineering Mechanical Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 9 May 2024

Companies similar to IHBL for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Mechanical Engineer Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 57% less
ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 56% less
Login to view exact salary
State Bank of India Mechanical Engineer Salary 2 years exp. (3 salaries)	₹1 L/yr - ₹3.6 L/yr 72% less
TCS Mechanical Engineer Salary 2 - 8 years exp. (53 salaries)	₹3 L/yr - ₹12 L/yr 7% less
Infosys Mechanical Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹12.5 L/yr 1% less
Wipro Mechanical Engineer Salary 0 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 42% less
HCLTech Mechanical Engineer Salary 1 - 7 years exp. (84 salaries)	₹2.2 L/yr - ₹9.7 L/yr 19% less
Tech Mahindra Mechanical Engineer Salary 1 - 7 years exp. (44 salaries)	₹2 L/yr - ₹7 L/yr 37% less
Reliance Industries Mechanical Engineer Salary 1 - 10 years exp. (477 salaries)	₹1.5 L/yr - ₹9.6 L/yr 17% less
ABCI Infrastructures Mechanical Engineer Salary 1 - 12 years exp. (32 salaries)	₹1.8 L/yr - ₹8.1 L/yr 47% less
Caparo Engineering India Mechanical Engineer Salary 1 - 7 years exp. (17 salaries)	₹1.4 L/yr - ₹4.2 L/yr 60% less
Login to view exact salary
Maxxis Rubber Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	₹2 L/yr - ₹5.2 L/yr 41% less
Indorama Mechanical Engineer Salary 2 - 15 years exp. (10 salaries)	₹3.7 L/yr - ₹5.5 L/yr 38% less
Seoyon E-hwa Automotive Mechanical Engineer Salary 1 - 4 years exp. (7 salaries)	₹1.6 L/yr - ₹3 L/yr 69% less
Marelli Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr 57% less
TCL Mechanical Engineer Salary 1 - 32 years exp. (3 salaries)	₹3.6 L/yr - ₹12 L/yr 5% less
Lulu International Shopping Mall Mechanical Engineer Salary 9 - 17 years exp. (3 salaries)	₹2.5 L/yr - ₹6.4 L/yr 29% less

Mechanical Engineer salary at IHBL ranges between ₹7 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of IHBL.

Experience wise IHBL Mechanical Engineer salaries

Last Updated: 9 May 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹7 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.9 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹7 L/yr

Similar Designation salaries in IHBL

Electrical Engineer Salary

(3 salaries)

₹6.3 L/yr - ₹8 L/yr

Senior Engineer Salary

(5 salaries)

₹9 L/yr - ₹9 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Project Engineer Salary

(4 salaries)

₹7 L/yr - ₹11 L/yr

Senior Electrical Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Deputy Manager Salary

(4 salaries)

₹11 L/yr - ₹14 L/yr

Salary related reviews for IHBL

2.0

Rated by 2 employees for salary & benefits

Senior Engineer in Gujarat, Madhya Pradesh, Utar Pradesh

Full Time

Other Department

1.0

• posted on 17 Jun 2023

1.0

for Salary and Benefits

Likes

Maybe future prospects and stability if you are on low wage currently and non permanent jobs.

Dislikes

...als are send just to get rid of their incompetent nature of working from PSU . Worst salary and No negotiation: You will be treated as private employee when it comes to perks but as soon as you realise that you can negotiate in private sector stamp of JV will be stamped on your face saying you can't as it's a JV with fixed salary structure. Even compared to other JVs and Big private firms in this sector you will get lesser salary structure here with increament that will not ever beat the inflation rate. Means your salary will decrease with coming years. You can directly search the package offered in this JV. E: 7 lakh with 3 year's experience,SE: 9 with 5 years experience. DM: 11 with 7 years, M:15 with 10 years and SM:17 with 15 years of experience. Means if you are currently at engineer level and if you are getting fastest promotions in this organisation (remotely possible)it will take you 12 more years with a hike of 10 lakh in salary which will be less than inexperienced GET of PSU. Well they deserve atleast 15 years experienced salary after clearing GATE nowadays, forget the perks btw. Atleast for now you should only choose this company when you don't have a permanent job with a clear hike of more than 30%.Then you can use it as your launching pad if you find a job after getting hands-on experience of non technical work.

Computer Operator in Lalitpur

Contractual

Other Department

5.0

• posted on 21 Apr 2023

4.0

for Salary and Benefits

Likes

It is a great experience to work with IHBL. It gives many learning skill which should be helpful for my future.

Dislikes

IHBL gives less holidays as compare to other department and it don't give any paid leave for his employees.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about IHBL?

Ask anonymously on communities.

IHBL Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at IHBL?

Mechanical Engineer salary at IHBL in India ranges between ₹7.0 Lakhs to ₹8.0 Lakhs for experience between 3 years to 5 years. According to our estimates it is 57% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IHBL India.

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

The average salary of a Mechanical Engineer at IHBL is 57% more than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

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

Infosys Mechanical Engineer Salary - ₹2.2 Lakhs to ₹12.5 Lakhs per year
TCL Mechanical Engineer Salary - ₹3.6 Lakhs to ₹12.0 Lakhs per year
TCS Mechanical Engineer Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Reliance Industries Mechanical Engineer Salary - ₹1.5 Lakhs to ₹9.6 Lakhs per year
HCLTech Mechanical Engineer Salary - ₹2.2 Lakhs to ₹9.7 Lakhs per year

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

The estimated take-home salary of a Mechanical Engineer at IHBL ranges between ₹53,742 per month to ₹55,082 per month in India. The take-home salary calculation is based on the average IHBL Mechanical Engineer salary in India which ranges between ₹7.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at IHBL?

According to AmbitionBox, 50% of the IHBL Mechanical Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IHBL Mechanical Engineer Salaries by Location

Home >
Salaries >
IHBL Salaries >
IHBL Mechanical Engineer Salaries

IHBL Mechanical Engineer salary in India ranges between ₹7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IHBL latest salaries received from various employees of IHBL.