L.G.Balakrishnan & Bros Tool & DIE Maker Salaries by 10+ Employees

0 - 5 years exp.

₹1.5 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Tool & DIE Maker Salary in Auto Components Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Tool & DIE Maker Salary 0 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3.6 L/yr
Login to view exact salary
Research & Development Tool & DIE Maker Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 19 Dec 2024

Companies similar to L.G.Balakrishnan & Bros for Tool & DIE Maker

Company name	Avg Annual Salary	Open Jobs
UNO Minda Tool & DIE Maker Salary 0 - 6 years exp. (11 salaries)	₹1.7 L/yr - ₹3 L/yr 4% less
JBM Group Tool & DIE Maker Salary 0 - 5 years exp. (10 salaries)	₹1 L/yr - ₹3.5 L/yr 4% less
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Endurance Technologies Tool & DIE Maker Salary 1 - 14 years exp. (9 salaries)	₹1.5 L/yr - ₹4.2 L/yr 16% more
Motherson Automotive Technologies and Engineering Tool & DIE Maker Salary 1 - 3 years exp. (9 salaries)	₹1.1 L/yr - ₹4.2 L/yr 25% more
Belrise Industries Tool & DIE Maker Salary 0 - 5 years exp. (5 salaries)	₹3 L/yr - ₹6.4 L/yr 107% more
Spark Minda Tool & DIE Maker Salary 1 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹2.6 L/yr 6% less
Subros Tool & DIE Maker Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 37% more
CIE Automotive Tool & DIE Maker Salary 2 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 1% more
Pricol Tool & DIE Maker Salary 2 - 12 years exp. (3 salaries)	₹1.4 L/yr - ₹4.5 L/yr 14% more

Tool & DIE Maker salary at L.G.Balakrishnan & Bros ranges between ₹1.5 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 16 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Latest annual salaries shared by L.G.Balakrishnan & Bros Tool & DIE Maker

2w ago

₹3 Lakhs

3 years exp.

4w ago

₹2 Lakhs

5 years exp.

1mo ago

₹3.6 Lakhs

4 years exp.

3mo ago

₹3 Lakhs

3 years exp.

5mo ago

₹2.4 Lakhs

3 years exp.

10mo ago

3 years exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

6 months exp.

1y ago

7 months exp.

Experience wise L.G.Balakrishnan & Bros Tool & DIE Maker salaries

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.5 L/yr - ₹3.9 L/yr
1 year (4 salaries)	₹1.8 L/yr - ₹3 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
3 years (4 salaries)	₹1.5 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

View all

Similar Designation salaries in L.G.Balakrishnan & Bros

Tool Maker Salary

(16 salaries)

₹1.2 L/yr - ₹3.5 L/yr

DIE Maker Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Tool Engineer Salary

(5 salaries)

₹2.6 L/yr - ₹3.5 L/yr

Tool Room Engineer Salary

(30 salaries)

₹2 L/yr - ₹4.25 L/yr

Tool Room Trainee Salary

(3 salaries)

₹2 L/yr - ₹2.4 L/yr

Tool Room Incharge Salary

(5 salaries)

₹1.65 L/yr - ₹4.3 L/yr

Tool Room Operator Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(143 salaries)

₹3 L/yr - ₹7.3 L/yr

Tool Room Supervisor Salary

(8 salaries)

₹2.4 L/yr - ₹3.6 L/yr

VMC Programmer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

3.0

Rated by 1 employees for salary & benefits

Quality Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

2.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

As a quality engineer, I'll get more time free than production department

Dislikes

Worst canteen foods . Management nepotism. No good salary hike. Frustrated environment. Security guard also behave like the partners of the company. No respect given for engineers. You can't learn anything from your HODs because they don't have knowledge about their own respective field. Not able to work if you are a enginner and seeking the best salary , because they don't consider you are a professional degree holder rather than they will treat you like casual labour. Finally this company is not fitted for the professional engineers and you can't learn anything from that company. No free transport provided.

Salary - Bad

+6 more

Tool Room Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Sep 2021

1.0

for Salary and Benefits

Likes

LGB have many branches at various places but all have very poor management system. But have many OEM parts orders. It's useful for improve our knowledge

Job security - Good

Dislikes

Not only trainee including on roll staff's salary was very poor. (ex. 5yrs experience onroll staff take-home salary 15k only)

Salary - Bad

+5 more

Trainee in Rudrapure Uttrakhant

Quality Assurance Department

4.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

...bility for our department and give full freedom to work without any interaction. Give full support for our employees and they give salary hike and bonus every year.

Skill development - Excellent

+4 more

Dislikes

There is a lot of politics. There is a bond of 3 year before which you cannot resign

Tool Room Engineer in Coimbatore

Tool Room Department

3.0

• posted on 13 Dec 2021

3.0

for Salary and Benefits

Likes

Salary is credited on the fixed date without delay Canteen facility available Transport facility is given for people from middle management level

Dislikes

... politics, company supports only Managerial category people. Very slow growth. Comparatively low salary ranges. Company does not address issues of employees and not taking care on employees benefit.. Leaves are not encashed and not able to utilise them also due to manpower shortage. Hard working people are not appreciated or promoted.. Promises made by management on promotion or increment on Salary are not honoured...

Promotions - Bad

+1 more

Senior Engineer in Karur

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Feb 2018

4.0

for Salary and Benefits

Likes

The company is helpful for self development, high quality products. We work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. I have to work 12 - 14 hours straight in a day.

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Salary Discussions, Hike & Promotions

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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L.G.Balakrishnan & Bros Tool & DIE Maker Salary FAQs

What is the salary of Tool & DIE Maker at L.G.Balakrishnan & Bros ?

The average salary of a Tool & DIE Maker at L.G.Balakrishnan & Bros in India typically ranges from ₹1.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Tool & DIE Maker at L.G.Balakrishnan & Bros earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Tool & DIE Maker Salaries at L.G.Balakrishnan & Bros 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 10+ L.G.Balakrishnan & Bros employees in India.

What is the estimated take home salary of a Tool & DIE Maker at L.G.Balakrishnan & Bros in India?

The estimated take-home salary of a Tool & DIE Maker at L.G.Balakrishnan & Bros in India typically ranges from ₹17,168 to ₹18,874 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 5 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 10+ salaries received from various employees of L.G.Balakrishnan & Bros. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L.G.Balakrishnan & Bros for Tool & DIE Maker in India?

Belrise Industries	₹3.0 Lakhs to ₹6.4 Lakhs per year
Subros	₹2.5 Lakhs to ₹5.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹1.1 Lakhs to ₹4.2 Lakhs per year
Endurance Technologies	₹1.5 Lakhs to ₹4.2 Lakhs per year
Pricol	₹1.4 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Tool & DIE Maker in companies similar to L.G.Balakrishnan & Bros in India?

The salary of a Tool & DIE Maker at companies similar to L.G.Balakrishnan & Bros in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CIE Automotive	₹1.5 Lakhs to ₹4.0 Lakhs per year
UNO Minda	₹1.7 Lakhs to ₹3.0 Lakhs per year
JBM Group	₹1.0 Lakhs to ₹3.5 Lakhs per year
Spark Minda	₹1.8 Lakhs to ₹2.6 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 Tool & DIE Maker at L.G.Balakrishnan & Bros in India?

The salary growth for a Tool & DIE Maker at L.G.Balakrishnan & Bros depends on factors such as experience, performance, and promotions. On average, a Tool & DIE Maker can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.9 Lakhs per year
1 year	₹1.8 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.0 Lakhs per year

and so on.

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L.G.Balakrishnan & Bros Tool & DIE Maker Salaries

L.G.Balakrishnan & Bros Tool & DIE Maker salary in India ranges between ₹1.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.

L.G.Balakrishnan & Bros Tool & DIE Maker salaries in India

Companies similar to L.G.Balakrishnan & Bros for Tool & DIE Maker

Latest annual salaries shared by L.G.Balakrishnan & Bros Tool & DIE Maker

Experience wise L.G.Balakrishnan & Bros Tool & DIE Maker salaries

Similar Designation salaries in L.G.Balakrishnan & Bros

Salary related reviews for L.G.Balakrishnan & Bros

Quality Engineer in Bangalore / Bengaluru

Tool Room Engineer in Chennai

Trainee in Rudrapure Uttrakhant

Tool Room Engineer in Coimbatore

Senior Engineer in Karur

L.G.Balakrishnan & Bros Tool & DIE Maker Salary FAQs

Tell us how to improve this page.

L.G.Balakrishnan & Bros Tool & DIE Maker Salaries by Location