IHBL Project Engineer Salaries by 4 Employees (Updated 2025)

1 - 9 years exp.

₹7 Lakhs - ₹11 Lakhs

Salary of majority employees

58% more than the average Project Engineer Salary for 1 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Project Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr
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Construction & Site Engineering Project Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 24 Feb 2024

Companies similar to IHBL for Project Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Project Engineer Salary 2 - 3 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 46% less
Axis Bank Project Engineer Salary 2 - 12 years exp. (4 salaries)	₹3.3 L/yr - ₹8.9 L/yr 30% less
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TCS Project Engineer Salary 0 - 6 years exp. (178 salaries)	₹1.9 L/yr - ₹10.2 L/yr 36% less
Infosys Project Engineer Salary 2 - 6 years exp. (31 salaries)	₹2.5 L/yr - ₹9.6 L/yr 37% less
Wipro Project Engineer Salary 0 - 7 years exp. (32.7k salaries)	₹1.8 L/yr - ₹8.3 L/yr 37% less
HCLTech Project Engineer Salary 0 - 6 years exp. (39 salaries)	₹3 L/yr - ₹10 L/yr 35% less
Tech Mahindra Project Engineer Salary 2 - 10 years exp. (28 salaries)	₹6.6 L/yr - ₹16.2 L/yr 15% more
Reliance Industries Project Engineer Salary 3 - 13 years exp. (120 salaries)	₹2.6 L/yr - ₹11.8 L/yr 23% less
Huawei Technologies Project Engineer Salary 0 - 12 years exp. (22 salaries)	₹2.9 L/yr - ₹6.3 L/yr 49% less
ABCI Infrastructures Project Engineer Salary 3 - 15 years exp. (7 salaries)	₹6.8 L/yr - ₹24.1 L/yr 80% more
TCL Project Engineer Salary 6 - 18 years exp. (3 salaries)	₹4 L/yr - ₹11 L/yr 11% less
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Indorama Project Engineer Salary 5 - 6 years exp. (3 salaries)	₹3 L/yr - ₹6 L/yr 51% less
Testo India Project Engineer Salary 0 - 19 years exp. (3 salaries)	₹4.3 L/yr - ₹30 L/yr 99% more
Privat Company Project Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.1 L/yr 65% less

Project Engineer salary at IHBL ranges between ₹7 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IHBL.

Experience wise IHBL Project Engineer salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr

Similar Designation salaries in IHBL

Field Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(5 salaries)

₹9 L/yr - ₹9 L/yr

Civil Engineer Salary

(4 salaries)

₹7 L/yr - ₹7 L/yr

Senior Civil Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(4 salaries)

₹11 L/yr - ₹14 L/yr

Salary related reviews for IHBL

3.6

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.

Job security - Good

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.

Salary - Bad

+5 more

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.

Salary - Good

+4 more

Dislikes

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

Promotions - Bad

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IHBL Project Engineer Salary FAQs

What is the salary of Project Engineer at IHBL?

Project Engineer salary at IHBL in India ranges between ₹7.0 Lakhs to ₹11.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 58% more than the average Project Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IHBL India.

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

The average salary of a Project Engineer at IHBL is 58% more than the average salary of a Project Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IHBL to a Project Engineer in India?

Testo India Project Engineer Salary - ₹4.3 Lakhs to ₹30.0 Lakhs per year
ABCI Infrastructures Project Engineer Salary - ₹6.8 Lakhs to ₹24.1 Lakhs per year
Tech Mahindra Project Engineer Salary - ₹6.6 Lakhs to ₹16.2 Lakhs per year

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

TCL Project Engineer Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
Reliance Industries Project Engineer Salary - ₹2.6 Lakhs to ₹11.8 Lakhs per year
Axis Bank Project Engineer Salary - ₹3.3 Lakhs to ₹8.9 Lakhs per year
HCLTech Project Engineer Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
TCS Project Engineer Salary - ₹1.9 Lakhs to ₹10.2 Lakhs per year

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

The estimated take-home salary of a Project Engineer at IHBL ranges between ₹62,885 per month to ₹64,483 per month in India. The take-home salary calculation is based on the average IHBL Project Engineer salary in India which ranges between ₹7.0 Lakhs to ₹11.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Project Engineer at IHBL?

According to AmbitionBox, 100% of the IHBL Project Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IHBL Project Engineer Salaries

IHBL Project Engineer salary in India ranges between ₹7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IHBL latest salaries received from various employees of IHBL.