ISMT Diploma Mechanical Engineer Salaries by 4 Employees

0 - 7 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% more than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 0 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Research & Development Diploma Mechanical Engineer Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 18 Mar 2024

Companies similar to ISMT 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 17% more
Tata Steel Diploma Mechanical Engineer Salary 3 - 6 years exp. (31 salaries)	₹1.2 L/yr - ₹6.5 L/yr 19% more
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Jindal Stainless Diploma Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.5 L/yr - ₹4.2 L/yr 14% more
Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary 1 - 14 years exp. (5 salaries)	₹1.3 L/yr - ₹8 L/yr 61% more
Jindal Saw Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3.4 L/yr 13% more
Vizag Steel Diploma Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.4 L/yr 31% less
ESL Steel Diploma Mechanical Engineer Salary 3 - 18 years exp. (4 salaries)	₹1.9 L/yr - ₹8.7 L/yr 94% more
Ratnamani Metals and Tubes Diploma Mechanical Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹2 L/yr 44% less
Jai Balaji Group Diploma Mechanical Engineer Salary 5 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 9% less
MM Forgings Diploma Mechanical Engineer Salary 4 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 11% less
Mukand Limited Diploma Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹6.5 L/yr 14% 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 26% less
MSP Steel & Power Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr 54% more
Kirloskar Ferrous Industries Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 25% less
Steel Authority Of India Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹1 L/yr - ₹6 L/yr 53% more

Diploma Mechanical Engineer salary at ISMT ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of ISMT.

Experience wise ISMT Diploma Mechanical Engineer salaries

Last Updated: 18 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in ISMT

Mechanical Engineer Salary

(11 salaries)

₹1.85 L/yr - ₹8 L/yr

Electrical Engineer Salary

(10 salaries)

₹1.8 L/yr - ₹5.65 L/yr

Senior Electrical Engineer Salary

(4 salaries)

₹5.5 L/yr - ₹8.05 L/yr

Maintenance Engineer Salary

(9 salaries)

₹4 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(17 salaries)

₹4.5 L/yr - ₹5.9 L/yr

Executive Engineer Salary

(78 salaries)

₹3 L/yr - ₹6.5 L/yr

Production Engineer Salary

(20 salaries)

₹3.5 L/yr - ₹6.05 L/yr

Project Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹4 L/yr

Assistant Engineer Salary

(7 salaries)

₹3.5 L/yr - ₹5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for ISMT

Senior Electrical Maintenance Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 25 Dec 2023

3.0

for Salary and Benefits

Likes

I fill the satisfied ,but electrical equipment needs update ,,it's a old version PLC and SCADA ,CONTACTIOR LOGIC .

Skill development - Good

+1 more

Dislikes

Salary package not as per experience of electric field ... Needs improvement in salary structure..

Promotions - Poor

Store Executive in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 23 Mar 2023

2.0

for Salary and Benefits

Likes

No good thing for say ,but average satisfaction

Job security - Good

Dislikes

...r management had doing parcelity for appraisal, but honest employee frustrated. No right salary for right candidate, Peoples working long time looking on their personal growth. No control on security ,theft , stores most horrible, as am worked for 2 years ,no system implications. All system adjustment, top management never looking there,

Salary - Poor

+3 more

Procurement Executive in Pune

Full Time

Procurement & Supply Chain Department

2.0

• posted on 23 Aug 2018

2.0

for Salary and Benefits

Likes

The team mates are good and supportive but there is no support from senior management.

Dislikes

...illing to improve the system. Still using 20th century softwares and no updates. Salary is delayed by almost a month

Salary - Poor

+4 more

Executive Production in Ahmednagar

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Jan 2023

2.0

for Salary and Benefits

Likes

The employees in the company are friendly and helpful. The plant is a good kick start for career in steel industry.

Dislikes

Appraisal is not up to mark. The juniors join on a salary more than the seniors in plant. Care for the employees is overseen.

Salary - Poor

+1 more

ISMT KIRLOSKAR Baramati in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

1. Supervisor is best in Quality Assurance.

Dislikes

1. After completing 1 year in KIRLOSKAR not taking on roll. 2.Full salary is not giving to all apprenticeship workers. 3.Thorve contractor not giving Rs.4000 please take action fast. 4.Improve safety in worksop.

Salary - Bad

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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ISMT Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at ISMT ?

The average salary of a Diploma Mechanical Engineer at ISMT in India typically ranges from ₹2.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Diploma Mechanical Engineer at ISMT earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Diploma Mechanical Engineer Salaries at ISMT 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 4 ISMT employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at ISMT in India?

The estimated take-home salary of a Diploma Mechanical Engineer at ISMT in India typically ranges from ₹20,092 to ₹21,754 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 4 salaries received from various employees of ISMT. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ISMT for Diploma Mechanical Engineer in India?

ESL Steel	₹1.9 Lakhs to ₹8.7 Lakhs per year
Indian Metals & Ferro Alloys	₹1.3 Lakhs to ₹8.0 Lakhs per year
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

These companies are known for offering competitive compensation packages that can exceed the salary offered by ISMT, depending on the role and experience level.

What is the salary of a Diploma Mechanical Engineer in companies similar to ISMT in India?

The salary of a Diploma Mechanical Engineer at companies similar to ISMT in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JSW Steel	₹2.0 Lakhs to ₹4.3 Lakhs per year
Jindal Stainless	₹2.5 Lakhs to ₹4.2 Lakhs per year
Jindal Saw	₹2.5 Lakhs to ₹3.4 Lakhs per year
Jai Balaji Group	₹2.0 Lakhs to ₹3.6 Lakhs per year
MM Forgings	₹1.8 Lakhs to ₹3.4 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 Diploma Mechanical Engineer at ISMT in India?

The salary growth for a Diploma Mechanical Engineer at ISMT depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at ISMT:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.5 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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ISMT Diploma Mechanical Engineer Salaries

ISMT Diploma Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ISMT latest salaries received from various employees of ISMT.