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L.G.Balakrishnan & Bros Tools Development Engineer salaries in India

Annual salary range
2 - 9 years exp.
₹2.3 Lakhs - ₹2.5 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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51% less than the average Tools Development Engineer Salary in Auto Components Companies for 2 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tools Development Engineer Salary
7 - 9 years exp. (3 salaries)
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₹2.1 L/yr - ₹2.5 L/yr

Research & Development
Tools Development Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 13 Dec 2024

Companies similar to L.G.Balakrishnan & Bros for Tools Development Engineer

Company name Avg Annual Salary Open Jobs
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Nvidia Tools Development Engineer Salary

1 - 7 years exp. (19 salaries)

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₹8 L/yr - ₹20.6 L/yr

arrow icon 503% more
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₹3 L/yr - ₹6 L/yr

arrow icon 68% more
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TCS Tools Development Engineer Salary

2 - 4 years exp. (4 salaries)

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₹4.3 L/yr - ₹6 L/yr

arrow icon 106% more
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HCLTech Tools Development Engineer Salary

2 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹5.1 L/yr

arrow icon 90% more
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₹2.5 L/yr - ₹5.1 L/yr

arrow icon 50% more
Tools Development Engineer salary at L.G.Balakrishnan & Bros ranges between ₹2.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of L.G.Balakrishnan & Bros.

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

1mo ago
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9 years exp.
1y ago
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8 years exp.
1y ago
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7 years exp.
1y ago
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2 years exp.

Experience wise L.G.Balakrishnan & Bros Tools Development Engineer salaries

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
View all

Similar Designation salaries in L.G.Balakrishnan & Bros

R&D Engineer Salary
(24 salaries)
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₹2.15 L/yr - ₹4.56 L/yr
SAP Analyst Salary
(5 salaries)
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₹2.6 L/yr - ₹7 L/yr
IT Incharge Salary
(5 salaries)
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₹2.65 L/yr - ₹4.5 L/yr
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₹2.4 L/yr - ₹5.75 L/yr
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₹2.1 L/yr - ₹4 L/yr
Softwaretest Engineer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
SAP Support Executive Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
RND Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Validation Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
IT Helpdesk Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 11 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing much to like

Dislikes

...n the favour of organization Our salary benefits goes in favour of company As per promised salary is same but in salary structure the story is complete different

read more

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.

read more

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.

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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

 · 

Other Department

5.0
  •  posted on 20 Dec 2024

5.0
 for  Salary and Benefits

Likes

As per all above rated parameters, LGB is very good company. Company culture, work satisfaction, skills development, job security promotion, work life balance and salary benefits are the best here.

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Dislikes

Nothing

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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L.G.Balakrishnan & Bros Tools Development Engineer Salary FAQs

What is the salary of Tools Development Engineer at L.G.Balakrishnan & Bros?
Tools Development Engineer salary at L.G.Balakrishnan & Bros in India ranges between ₹2.3 Lakhs to ₹2.5 Lakhs for experience between 2 years to 9 years. According to our estimates it is 51% less than the average Tools Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L.G.Balakrishnan & Bros India.
How does the salary of a Tools Development Engineer at L.G.Balakrishnan & Bros India compare with the average salary range for this job?
The average salary of a Tools Development Engineer at L.G.Balakrishnan & Bros is 51% less than the average salary of a Tools Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than L.G.Balakrishnan & Bros to a Tools Development Engineer in India?
  • Nvidia Tools Development Engineer Salary - ₹8.0 Lakhs to ₹20.6 Lakhs per year
  • TCS Tools Development Engineer Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
  • HCLTech Tools Development Engineer Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year
  • Nokia Networks Tools Development Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • International Automotive Components Tools Development Engineer Salary - ₹2.5 Lakhs to ₹5.1 Lakhs per year
What is the estimated take home salary of a Tools Development Engineer at L.G.Balakrishnan & Bros in India?
The estimated take-home salary of a Tools Development Engineer at L.G.Balakrishnan & Bros ranges between ₹16,565 per month to ₹18,268 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros Tools Development Engineer salary in India which ranges between ₹2.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Tools Development Engineer at L.G.Balakrishnan & Bros?
According to AmbitionBox, 100% of the L.G.Balakrishnan & Bros Tools Development Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L.G.Balakrishnan & Bros Tools Development Engineer salary in India ranges between ₹2.3 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.