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L.G.Balakrishnan & Bros Tool Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹2.6 Lakhs - ₹3.5 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.
Salary of majority employees
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60% less than the average Tool Engineer Salary in Auto Components Companies for 3 - 5 years of experience

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Salaries in different departments

Product Management
Tool Engineer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Research & Development
Tool Engineer Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Engineering - Software & QA
Tool Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 17 Dec 2024

Companies similar to L.G.Balakrishnan & Bros for Tool Engineer

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 6% less
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Endurance Technologies Tool Engineer Salary

1 - 13 years exp. (3 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 11% less
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₹1.9 L/yr - ₹5 L/yr

arrow icon 5% more
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Pricol Tool Engineer Salary

5 - 7 years exp. (5 salaries)

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₹3.6 L/yr - ₹4.2 L/yr

arrow icon 25% more
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JBM Group Tool Engineer Salary

4 - 7 years exp. (5 salaries)

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₹3 L/yr - ₹4.3 L/yr

arrow icon 14% more
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Lumax Industries Tool Engineer Salary

1 - 5 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 20% less
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Belrise Industries Tool Engineer Salary

1 - 7 years exp. (4 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 22% less
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Mando Automotive Tool Engineer Salary

4 - 6 years exp. (4 salaries)

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₹3.1 L/yr - ₹3.6 L/yr

arrow icon 3% more
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CIE Automotive Tool Engineer Salary

2 - 3 years exp. (4 salaries)

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₹1.9 L/yr - ₹3.6 L/yr

arrow icon 3% less
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AVTEC Tool Engineer Salary

1 - 9 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 4% less
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Tata AutoComp Systems Tool Engineer Salary

5 - 13 years exp. (3 salaries)

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₹4.2 L/yr - ₹5.8 L/yr

arrow icon 63% more
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Sona Comstar Tool Engineer Salary

3 - 5 years exp. (3 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 94% more
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Faurecia Tool Engineer Salary

2 - 3 years exp. (3 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 19% less
1 job opening
Tool Engineer salary at L.G.Balakrishnan & Bros ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of L.G.Balakrishnan & Bros.

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

2d ago
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4 years exp.
8mo ago
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3 years exp.
1y ago
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5 years exp.
1y ago
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3 years exp.
1y ago
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3 years exp.

Experience wise L.G.Balakrishnan & Bros Tool Engineer salaries

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.6 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

Senior Engineer Salary
(137 salaries)
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₹3 L/yr - ₹8 L/yr
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₹2 L/yr - ₹4.2 L/yr
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₹1.8 L/yr - ₹2.64 L/yr
Quality Engineer Salary
(222 salaries)
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₹1.2 L/yr - ₹4.8 L/yr
Design Engineer Salary
(72 salaries)
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₹1.2 L/yr - ₹4.8 L/yr
Tool Maker Salary
(16 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹3.6 L/yr
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₹1.65 L/yr - ₹4.5 L/yr
Tool Room Trainee Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

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.

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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

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Dislikes

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

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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

read more

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...

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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.

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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Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 11 Aug 2022

2.0
 for  Salary and Benefits

Likes

You can do your personal work by changing your shifts if the department head allows you. Remaining all the things could not be write in this like section. If I write those things over here, that will against to my conscience.

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Dislikes

...as an yearly increment. As a staff you will get increment upto ₹1000 - 2500. Then, they hold some percentage of money from your salary every month and gives you back as Diwali bonus. You need to pay money to food, biscuits& safety shoes. If you come to the company by car, strictly you need to park your vehicle out of the compound. They don't even gives you cleaning essentials (soap) to wash your hands even though you are working in oil.

read more
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L.G.Balakrishnan & Bros Tool Engineer Salary FAQs

What is the salary of Tool Engineer at L.G.Balakrishnan & Bros?
Tool Engineer salary at L.G.Balakrishnan & Bros in India ranges between ₹2.6 Lakhs to ₹3.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 60% less than the average Tool Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L.G.Balakrishnan & Bros India.
How does the salary of a Tool Engineer at L.G.Balakrishnan & Bros India compare with the average salary range for this job?
The average salary of a Tool Engineer at L.G.Balakrishnan & Bros is 60% less than the average salary of a Tool Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than L.G.Balakrishnan & Bros to a Tool Engineer in India?
  • Sona Comstar Tool Engineer Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
  • Tata AutoComp Systems Tool Engineer Salary - ₹4.2 Lakhs to ₹5.8 Lakhs per year
  • Pricol Tool Engineer Salary - ₹3.6 Lakhs to ₹4.2 Lakhs per year
  • JBM Group Tool Engineer Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
  • Motherson Automotive Technologies and Engineering Tool Engineer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Tool Engineer in companies similar to L.G.Balakrishnan & Bros in India?
  • Mando Automotive Tool Engineer Salary - ₹3.1 Lakhs to ₹3.6 Lakhs per year
  • CIE Automotive Tool Engineer Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year
  • AVTEC Tool Engineer Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
  • Samvardhana Motherson Group Tool Engineer Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year
  • Endurance Technologies Tool Engineer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Tool Engineer at L.G.Balakrishnan & Bros in India?
The estimated take-home salary of a Tool Engineer at L.G.Balakrishnan & Bros ranges between ₹22,457 per month to ₹23,933 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros Tool Engineer salary in India which ranges between ₹2.6 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Tool Engineer at L.G.Balakrishnan & Bros?
According to AmbitionBox, 50% of the L.G.Balakrishnan & Bros Tool Engineers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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L.G.Balakrishnan & Bros Tool Engineer salary in India ranges between ₹2.6 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.