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IIT Bombay Project Research Engineer salaries in India

Annual salary range
0 - 8 years exp.
₹4.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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8% more than the average Project Research Engineer Salary in Education & Training Companies for 0 - 8 years of experience

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Salaries in different departments

Research & Development
Project Research Engineer Salary
0 - 8 years exp. (7 salaries)
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₹5.4 L/yr - ₹8 L/yr

Engineering - Software & QA
Project Research Engineer Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹7.2 L/yr

Last Updated: 23 Nov 2024

Companies similar to IIT Bombay for Project Research Engineer

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹10.3 L/yr

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₹2.3 L/yr - ₹2.9 L/yr

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₹1.8 L/yr - ₹6 L/yr

arrow icon 29% less
Project Research Engineer salary at IIT Bombay ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 12 latest salaries received from various employees of IIT Bombay.

Latest annual salaries shared by IIT Bombay Project Research Engineer

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8 years exp.

Experience wise IIT Bombay Project Research Engineer salaries

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹10.4 L/yr
2 years  (4 salaries)

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₹4.5 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
View all

Similar Designation salaries in IIT Bombay

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₹3.6 L/yr - ₹8.1 L/yr
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₹2.36 L/yr - ₹10.11 L/yr
Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹5 L/yr - ₹10.5 L/yr
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₹9.5 L/yr - ₹18 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.6 L/yr
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₹3 L/yr - ₹10.6 L/yr
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₹3 L/yr - ₹7.8 L/yr
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₹3 L/yr - ₹9 L/yr

Salary related reviews for IIT Bombay

4.0

Rated by 5 employees for salary & benefits

Full Time

 · 

Aviation & Aerospace Department

5.0
  •  posted on 31 Jan 2025

4.0
 for  Salary and Benefits

Likes

Work-life balance at IIT is one of the key highlights along with vast number of opportunities for collaborations with researchers are helpful for skill development.

read more
  • Salary - Good
  • +4 more

Dislikes

Pay scales are fixed, frequency of hikes and hike percentage are low and slow

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 12 Dec 2023

3.0
 for  Salary and Benefits

Likes

Realising our potential. Knowing our endurance here. Lots of tools and equipment available to explore

  • Skill development - Excellent
  • +2 more

Dislikes

Work life balance is little difficult. Salary benefits are difficult to manage with food and accomodation. Inside campus mess itself costlier.

read more
  • Promotions - Bad

Physics Department

4.0
  •  posted on 04 May 2021

3.0
 for  Salary and Benefits

Likes

Good research environment and ability to work with the brightest minds in India. Good benefits and work life balance.

  • Skill development - Excellent
  • +5 more

Dislikes

Salary if significantly low for the requisite skill and talent set, especially compared to similar positions abroad.

read more

Consulting Department

4.0
  •  posted on 17 Apr 2021

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more

Other Department

4.0
  •  posted on 07 Aug 2020

3.0
 for  Salary and Benefits

Likes

Project staff and temporary employees shuld pf account and get other allowences .pls colse the consolidated salary .I support the management and follow the rules of government covid 19 and I seggest to that organization working from home ,create the crm system for online work and quick response almost we can know how much time will be compltion .for students my opinion start take lutures by on-line.

read more
  • Skill development - Good
  • +4 more

Dislikes

...ect employees and contracts basis employees at least should 3 Y contract , pls should be change the Consolidated salary system and shuld get the pf , others allowences of employment

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IIT Bombay Project Research Engineer Salary FAQs

What is the salary of Project Research Engineer at IIT Bombay ?
The average salary of a Project Research Engineer at IIT Bombay in India typically ranges from ₹4.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Project Research Engineer at IIT Bombay earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Project Research Engineer Salaries at IIT Bombay 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 10+ IIT Bombay employees in India.
What is the estimated take home salary of a Project Research Engineer at IIT Bombay in India?
The estimated take-home salary of a Project Research Engineer at IIT Bombay in India typically ranges from ₹49,422 to ₹50,590 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ salaries received from various employees of IIT Bombay. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IIT Bombay for Project Research Engineer in India?
Automotive Research Association of India ₹5.0 Lakhs to ₹10.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIT Bombay, depending on the role and experience level.
What is the salary of a Project Research Engineer in companies similar to IIT Bombay in India?
The salary of a Project Research Engineer at companies similar to IIT Bombay in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Centre for Technology and Design ₹1.8 Lakhs to ₹6.0 Lakhs per year
Variable Energy Cyclotron Centre ₹2.3 Lakhs to ₹2.9 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 Project Research Engineer at IIT Bombay in India?
The salary growth for a Project Research Engineer at IIT Bombay depends on factors such as experience, performance, and promotions. On average, a Project Research Engineer can expect the following growth trajectory at IIT Bombay:

Experience Average Salary Range
Fresher ₹5.4 Lakhs to ₹6.0 Lakhs per year
1 year ₹5.0 Lakhs to ₹10.4 Lakhs per year
2 years ₹4.5 Lakhs to ₹7.2 Lakhs per year
3 years ₹5.4 Lakhs to ₹11.1 Lakhs per year
and so on.

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IIT Bombay Project Research Engineer salary in India ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 IIT Bombay latest salaries received from various employees of IIT Bombay.