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KOSTAL

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4.4

based on 60 Reviews

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KOSTAL Senior Mechanical Design Engineer salaries in India

Annual salary range
5 - 11 years exp.
₹7.5 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Senior Mechanical Design Engineer Salary in Automobile Companies for 5 - 11 years of experience

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Last Updated: 15 Mar 2023

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Senior Mechanical Design Engineer salary at KOSTAL ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of KOSTAL.

Latest annual salaries shared by KOSTAL Senior Mechanical Design Engineer

1y ago
₹9 Lakhs
9 years exp.
1y ago
₹7.5 Lakhs
7 years exp.
1y ago
₹7.5 Lakhs
6 years exp.
1y ago
₹7.5 Lakhs
5 years exp.
1y ago
₹7.5 Lakhs
11 years exp.

Experience wise KOSTAL Senior Mechanical Design Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
View all

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Design Engineer Salary
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₹5 L/yr - ₹7.2 L/yr
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₹2.7 L/yr - ₹3.2 L/yr
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₹3.2 L/yr - ₹5.36 L/yr
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₹1.8 L/yr - ₹2.3 L/yr
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₹13.1 L/yr - ₹14.5 L/yr

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peacemaker
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Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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KOSTAL Senior Mechanical Design Engineer Salary FAQs

What is the salary of Senior Mechanical Design Engineer at KOSTAL ?
The average salary of a Senior Mechanical Design Engineer at KOSTAL in India typically ranges from ₹7.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Senior Mechanical Design Engineer at KOSTAL earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Senior Mechanical Design Engineer Salaries at KOSTAL 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 KOSTAL employees in India.
What is the estimated take home salary of a Senior Mechanical Design Engineer at KOSTAL in India?
The estimated take-home salary of a Senior Mechanical Design Engineer at KOSTAL in India typically ranges from ₹57,942 to ₹59,401 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 5 salaries received from various employees of KOSTAL. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than KOSTAL for Senior Mechanical Design Engineer in India?
Volvo ₹11.0 Lakhs to ₹23.0 Lakhs per year
Volvo Trucks ₹8.0 Lakhs to ₹15.0 Lakhs per year
L&T Technology Services ₹5.2 Lakhs to ₹10.9 Lakhs per year
Tech Mahindra ₹4.3 Lakhs to ₹12.5 Lakhs per year
HCLTech ₹4.0 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by KOSTAL, depending on the role and experience level.
How the salary growth look like for a Senior Mechanical Design Engineer at KOSTAL in India?
The salary growth for a Senior Mechanical Design Engineer at KOSTAL depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at KOSTAL:

Experience Average Salary Range
5 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
6 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
7 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
8 years ₹7.1 Lakhs to ₹9.0 Lakhs per year
and so on.

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KOSTAL Senior Mechanical Design Engineer salary in India ranges between ₹7.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 KOSTAL latest salaries received from various employees of KOSTAL.