Indo-tech Magnetics R&D Engineer Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Salary of majority employees

65% less than the average R&D Engineer Salary for 2 - 6 years of experience

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Salaries in different departments

Research & Development R&D Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr
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Quality Assurance R&D Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 29 Oct 2024

Companies similar to Indo-tech Magnetics for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Hewlett Packard Enterprise R&D Engineer Salary 0 - 3 years exp. (18 salaries)	₹8 L/yr - ₹12 L/yr 197% more
Ericsson R&D Engineer Salary 0 - 2 years exp. (8 salaries)	₹11 L/yr - ₹18 L/yr 331% more
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Bosch Global Software Technologies R&D Engineer Salary 1 - 5 years exp. (4 salaries)	₹5.5 L/yr - ₹9 L/yr 123% more
Hexaware Technologies R&D Engineer Salary 2 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹21 L/yr 267% more
UST R&D Engineer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹14.5 L/yr 137% more

R&D Engineer salary at Indo-tech Magnetics ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Indo-tech Magnetics.

Experience wise Indo-tech Magnetics R&D Engineer salaries

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Indo-tech Magnetics

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Indo-tech Magnetics R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Indo-tech Magnetics?

R&D Engineer salary at Indo-tech Magnetics in India ranges between ₹3.0 Lakhs to ₹4.2 Lakhs for experience between 2 years to 6 years. According to our estimates it is 65% less than the average R&D Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indo-tech Magnetics India.

How does the salary of a R&D Engineer at Indo-tech Magnetics India compare with the average salary range for this job?

The average salary of a R&D Engineer at Indo-tech Magnetics is 65% less than the average salary of a R&D Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indo-tech Magnetics to a R&D Engineer in India?

Ericsson R&D Engineer Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
Hexaware Technologies R&D Engineer Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year
Hewlett Packard Enterprise R&D Engineer Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
UST R&D Engineer Salary - ₹3.0 Lakhs to ₹14.5 Lakhs per year
Bosch Global Software Technologies R&D Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a R&D Engineer at Indo-tech Magnetics in India?

The estimated take-home salary of a R&D Engineer at Indo-tech Magnetics ranges between ₹23,908 per month to ₹25,363 per month in India. The take-home salary calculation is based on the average Indo-tech Magnetics R&D Engineer salary in India which ranges between ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for R&D Engineer at Indo-tech Magnetics?

According to AmbitionBox, 100% of the Indo-tech Magnetics R&D Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Indo-tech Magnetics R&D Engineer Salaries

Indo-tech Magnetics R&D Engineer salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indo-tech Magnetics latest salaries received from various employees of Indo-tech Magnetics.