Monthly In-hand Salary
74% more than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 1 - 14 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
Diploma Mechanical Engineer Salary
5 - 7
years
exp.
(AmbitionBox Estimate)
|  ₹3.5 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Energy & Mining
Diploma Mechanical Engineer Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹4.7 L/yr - ₹5.7 L/yr |
Companies similar to Indian Metals & Ferro Alloys for Diploma Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 JSW Steel Diploma Mechanical Engineer Salary
0 - 5 years exp. (37 salaries) | ₹2 L/yr - ₹4.3 L/yr 
28%
less | |
 Tata Steel Diploma Mechanical Engineer Salary
3 - 6 years exp. (31 salaries) | ₹1.2 L/yr - ₹6.5 L/yr
26%
less | |
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| ||
 Jindal Stainless Diploma Mechanical Engineer Salary
2 - 7 years exp. (9 salaries) | ₹2.5 L/yr - ₹4.2 L/yr
29%
less | |
 Jindal Saw Diploma Mechanical Engineer Salary
1 - 3 years exp. (5 salaries) | ₹2.5 L/yr - ₹3.4 L/yr
30%
less | |
 Vizag Steel Diploma Mechanical Engineer Salary
2 - 5 years exp. (5 salaries) | ₹1.8 L/yr - ₹2.4 L/yr
58%
less | |
 ESL Steel Diploma Mechanical Engineer Salary
3 - 18 years exp. (4 salaries) | ₹1.9 L/yr - ₹8.7 L/yr 
20%
more | |
 Ratnamani Metals and Tubes Diploma Mechanical Engineer Salary
0 - 2 years exp. (4 salaries) | ₹1.3 L/yr - ₹2 L/yr
65%
less | |
 Jai Balaji Group Diploma Mechanical Engineer Salary
5 - 9 years exp. (4 salaries) | ₹2 L/yr - ₹3.6 L/yr
44%
less | |
 MM Forgings Diploma Mechanical Engineer Salary
4 - 7 years exp. (4 salaries) | ₹1.8 L/yr - ₹3.4 L/yr
45%
less | |
 Mukand Limited Diploma Mechanical Engineer Salary
2 - 4 years exp. (4 salaries) | ₹1.6 L/yr - ₹6.5 L/yr
46%
less | |
 ISMT Diploma Mechanical Engineer Salary
0 - 7 years exp. (4 salaries) | ₹2.1 L/yr - ₹3.5 L/yr
38%
less | |
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| ||
 Aarti Steels Diploma Mechanical Engineer Salary
2 - 6 years exp. (3 salaries) | ₹0.6 L/yr - ₹5.1 L/yr
54%
less | |
 MSP Steel & Power Diploma Mechanical Engineer Salary
5 - 6 years exp. (3 salaries) | ₹3.8 L/yr - ₹4.5 L/yr
5%
less | |
 Kirloskar Ferrous Industries Diploma Mechanical Engineer Salary
1 - 3 years exp. (3 salaries) | ₹1.6 L/yr - ₹3 L/yr
54%
less | |
 Steel Authority Of India Diploma Mechanical Engineer Salary
5 - 6 years exp. (3 salaries) | ₹1 L/yr - ₹6 L/yr
5%
less | |
Experience wise Indian Metals & Ferro Alloys Diploma Mechanical Engineer salaries
Last Updated: 14 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹1.3
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹1.9
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹2.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹3.1
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹3.5
L/yr
|
Similar Designation salaries in Indian Metals & Ferro Alloys
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Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary FAQs
The top 10% of Diploma Mechanical Engineer at Indian Metals & Ferro Alloys earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Diploma Mechanical Engineer Salaries at Indian Metals & Ferro Alloys 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 5 Indian Metals & Ferro Alloys employees in India.
| ESL Steel | ₹1.9 Lakhs to ₹8.7 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Metals & Ferro Alloys, depending on the role and experience level.
| MSP Steel & Power | ₹3.8 Lakhs to ₹4.5 Lakhs per year |
| Steel Authority Of India | ₹1.0 Lakhs to ₹6.0 Lakhs per year |
| Tata Steel | ₹1.2 Lakhs to ₹6.5 Lakhs per year |
| JSW Steel | ₹2.0 Lakhs to ₹4.3 Lakhs per year |
| Jindal Stainless | ₹2.5 Lakhs to ₹4.2 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.3 Lakhs to ₹1.3 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹1.9 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹2.5 Lakhs per year |
| 4 years | ₹2.4 Lakhs to ₹3.1 Lakhs per year |
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Indian Metals & Ferro Alloys Diploma Mechanical Engineer salary
in
India
ranges between ₹1.3
Lakh to ₹8
Lakhs with an average annual salary of
₹
. Salary estimates are based on
5
Indian Metals & Ferro Alloys latest salaries received from various employees of
Indian Metals & Ferro Alloys.