Indian Steel Corporation Mechanical Engineer Salaries by 9 Employees (Updated 2024)

1 - 6 years exp.

₹2.3 Lakhs - ₹3.6 Lakhs

Salary of majority employees

36% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 1 - 6 years of experience

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Last Updated: 19 May 2023

Companies similar to Indian Steel Corporation for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (417 salaries)	₹1 L/yr - ₹8 L/yr 52% more
JSW Steel Mechanical Engineer Salary 1 - 13 years exp. (188 salaries)	₹1.7 L/yr - ₹10 L/yr 80% more
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Steel Authority Of India Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹9.8 L/yr 84% more
ArcelorMittal Nippon Steel Mechanical Engineer Salary 1 - 7 years exp. (125 salaries)	₹1.3 L/yr - ₹8 L/yr 62% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 16 years exp. (92 salaries)	₹1.8 L/yr - ₹8.3 L/yr 79% more
ArcelorMittal Mechanical Engineer Salary 0 - 6 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 43% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (11 salaries)	₹1 L/yr - ₹6.5 L/yr 28% more
Bhushan Power & Steel Mechanical Engineer Salary 2 - 12 years exp. (128 salaries)	₹2.5 L/yr - ₹7.5 L/yr 74% more
ESL Steel Mechanical Engineer Salary 3 - 14 years exp. (28 salaries)	₹3.6 L/yr - ₹7.2 L/yr 103% more
Jai Balaji Group Mechanical Engineer Salary 1 - 8 years exp. (49 salaries)	₹1.8 L/yr - ₹4.5 L/yr 21% more
Jindal Stainless Mechanical Engineer Salary 2 - 12 years exp. (50 salaries)	₹3 L/yr - ₹8 L/yr 75% more
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Electrotherm Mechanical Engineer Salary 1 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹4.8 L/yr 28% more
Bmm Ispat Mechanical Engineer Salary 0 - 9 years exp. (28 salaries)	₹2.5 L/yr - ₹4 L/yr 17% more
Jindal Saw Mechanical Engineer Salary 0 - 11 years exp. (32 salaries)	₹2 L/yr - ₹8.5 L/yr 43% more
SMC Power Generation Mechanical Engineer Salary 0 - 11 years exp. (26 salaries)	₹2 L/yr - ₹4.2 L/yr 6% more
Jayaswal Neco Industries Mechanical Engineer Salary 1 - 7 years exp. (25 salaries)	₹2.1 L/yr - ₹5 L/yr 7% more
Ratnamani Metals and Tubes Mechanical Engineer Salary 1 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹5.5 L/yr 14% more
Aarti Steels Mechanical Engineer Salary 0 - 7 years exp. (18 salaries)	₹2.4 L/yr - ₹7 L/yr 34% more
MSP Steel & Power Mechanical Engineer Salary 3 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹5.7 L/yr 55% more
Usha Martin Mechanical Engineer Salary 2 - 10 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 47% more

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Mechanical Engineer salary at Indian Steel Corporation ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Indian Steel Corporation.

Experience wise Indian Steel Corporation Mechanical Engineer salaries

Last Updated: 19 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr

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Similar Designation salaries in Indian Steel Corporation

Electrical Engineer Salary

(11 salaries)

₹1.6 L/yr - ₹4 L/yr

Senior Engineer Salary

(27 salaries)

₹3 L/yr - ₹6.5 L/yr

Shift Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.45 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Maintenance Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Assistant Engineer Salary

(7 salaries)

₹2 L/yr - ₹3.45 L/yr

Production Engineer Salary

(11 salaries)

₹2.4 L/yr - ₹3.6 L/yr

Senior Electrical Engineer Salary

(8 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Mechanical Maintenance Engineer Salary

(11 salaries)

₹2.1 L/yr - ₹4.2 L/yr

Salary related reviews for Indian Steel Corporation

4.0

Rated by 3 employees for salary & benefits

Quality Engineer in Bhimasar

Quality Assurance Department

5.0

• posted on 29 Dec 2021

4.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow. There is a bond of 3 year before which you cannot resign on the job training is not given to new joiners

Senior Electrical Maintenance Engineer in Indore

Electrical Maintenance Department

5.0

• posted on 21 May 2021

5.0

for Salary and Benefits

Likes

Company working culture is good , management is aggressive workin favour of emplyees all policies of company is good but problem of yearly increment is there.

Dislikes

Due to salary hike is not from last two years

Acting Branch Manegar in Hyderabad / Secunderabad

Marketing & Communication Department

5.0

• posted on 30 Aug 2017

5.0

for Salary and Benefits

Likes

...rainees, my job was to guide trainees, good job security, career growth not bad. Salary OK to meet ends, hectic traveling, politics are everywhere. Work environment professional, innovation as much as you can. Work life fantastic.

Dislikes

It's like one man army though there. Was a team but of trainees. Did not had chance to work with equals or seniors

Factory Head in Gandhidham ,Gujrat

Plant head Department

5.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

over all policies of the company are very good ,there is very good work culture, healthy relation between workforce & management,100 % job security ,product quality of ISCL is excellent and serving in appliances and oem customers, we are most reliable suppliers for whirlpool, haier godrej, bluestar, etc.

Dislikes

i think there is no big issue which make me unhappy

Senior Manager in Gandhidham

Production, Manufacturing & Engineering Department

4.0

• posted on 04 May 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and always try to adopt updated technology. My self is active member of technical development cell team. In last 5 years , my self recognized my management as best 5 s auditor & best FIP leader. Our company win * GOLD MEDAL * from QCFI Gujarat & same project was handled by me as Leader project [ Optimization of LNG losses ]. my direct involvement in lot of company policy , Like : Internal audit for ISO-9001 ,14001 ,18000 , IATF , 5 S etc & facility for internal taring , like : 5 S , LQC , QC .

Dislikes

Working since last 10 years & presently not looking for any new profile in ISCL . I am looking new responsibility to proof my talent & to increase my knowledge.

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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?

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Indian Steel Corporation Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Steel Corporation?

Mechanical Engineer salary at Indian Steel Corporation in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs for experience between 1 years to 6 years. According to our estimates it is 36% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Indian Steel Corporation India.

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

The average salary of a Mechanical Engineer at Indian Steel Corporation is 36% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Steel Corporation to a Mechanical Engineer in India?

Tata Metaliks Mechanical Engineer Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ESL Steel Mechanical Engineer Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year
Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
JSW Steel Mechanical Engineer Salary - ₹1.7 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Indian Steel Corporation in India?

Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.3 Lakhs per year
Jindal Stainless Mechanical Engineer Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Bhushan Power & Steel Mechanical Engineer Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year
Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
ArcelorMittal Nippon Steel Mechanical Engineer Salary - ₹1.3 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Indian Steel Corporation in India?

The estimated take-home salary of a Mechanical Engineer at Indian Steel Corporation ranges between ₹20,330 per month to ₹21,989 per month in India. The take-home salary calculation is based on the average Indian Steel Corporation Mechanical Engineer salary in India which ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Indian Steel Corporation?

According to AmbitionBox, 80% of the Indian Steel Corporation Mechanical Engineers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Indian Steel Corporation Mechanical Engineer Salaries

Indian Steel Corporation Mechanical Engineer salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Indian Steel Corporation latest salaries received from various employees of Indian Steel Corporation.