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L.G.Balakrishnan & Bros Tools Development Engineer salaries in India (Updated 2025)

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.
Avg. annual salary
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Monthly In-hand Salary

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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: 8 Mar 2025

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
2 job openings
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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

3d ago
₹2.3 Lakhs
9 years exp.
1y ago
₹2.3 Lakhs
8 years exp.
1y ago
₹2.3 Lakhs
7 years exp.
1y ago
₹2.5 Lakhs
2 years exp.

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

Last Updated: 8 Mar 2025

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
(26 salaries)
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₹2.15 L/yr - ₹4.56 L/yr
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(8 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
Programmer Salary
(3 salaries)
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₹2.7 L/yr - ₹6 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

Salary related reviews for L.G.Balakrishnan & Bros

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

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

read more
  • 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)

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 30 May 2022

1.0
 for  Salary and Benefits

Likes

Very bad , only corporate politics no increment no salary

Dislikes

Very bad corporate people no benefit in salary also , more working 12hr ++ no bus no personal phone , no any benefit , worst company no one should go

read more
  • Salary - Bad
  • +6 more
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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 ?
The average salary of a Tools Development Engineer at L.G.Balakrishnan & Bros in India typically ranges from ₹2.3 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Tools Development Engineer at L.G.Balakrishnan & Bros earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Tools Development Engineer 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 4 L.G.Balakrishnan & Bros employees in India.
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 in India typically ranges from ₹16,565 to ₹18,268 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 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 Tools Development Engineer in India?
Nvidia ₹8.0 Lakhs to ₹20.6 Lakhs per year
TCS ₹4.3 Lakhs to ₹6.0 Lakhs per year
HCLTech ₹3.0 Lakhs to ₹5.1 Lakhs per year
Nokia Networks ₹3.0 Lakhs to ₹6.0 Lakhs per year
International Automotive Components ₹2.5 Lakhs to ₹5.1 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.
How the salary growth look like for a Tools Development Engineer at L.G.Balakrishnan & Bros in India?
The salary growth for a Tools Development Engineer at L.G.Balakrishnan & Bros depends on factors such as experience, performance, and promotions. On average, a Tools Development Engineer can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience Average Salary Range
2 years ₹1.0 Lakhs to ₹2.5 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

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.