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Lico Materials Fitter salaries in Navi Mumbai (Updated 2025)

Annual salary range
3 - 13 years exp.
₹2.4 Lakhs - ₹3 Lakhs
Salary of majority employees
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At par with the average Fitter Salary for 3 - 13 years of experience

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Last Updated: 28 Feb 2025

Companies similar to Lico Materials for Fitter in Navi Mumbai

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Lico Materials Fitter Salary

3 - 13 years exp. (4 salaries)

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₹2.4 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Sulzer Fitter Salary

5 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 27% more
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Iti Fitter Fitter Salary

5 - 10 years exp. (3 salaries)

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₹2.5 L/yr - ₹2.6 L/yr

arrow icon 4% less
Fitter salary at Lico Materials ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Lico Materials.

Latest annual salaries shared by Lico Materials Fitter in Navi Mumbai

3w ago
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5 years exp.
6mo ago
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13 years exp.
11mo ago
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4 years exp.
1y ago
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3 years exp.

Experience wise Lico Materials Fitter salaries in Navi Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 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
13 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Lico Materials

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₹2.4 L/yr - ₹2.9 L/yr
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₹14 L/yr - ₹17.8 L/yr

Salary related reviews for Lico Materials

Full Time

 · 

Quality Assurance Department

1.0
  •  posted on 04 Mar 2024

4.0
 for  Salary and Benefits

Likes

The only benifit is good salary

  • Salary - Good

Dislikes

...hat polluted area & ready to get mental harrased only then go to lico materials. and btw becouse of i left company in middle of the month the holded my salary LOL that much they harras someone.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 16 May 2023

1.0
 for  Salary and Benefits

Likes

Salary is the only thing makes me happy

Dislikes

No HR Policy Every one can Access CEO(can discuss any thing irrespective of department) Local HR is a Worst Messenger. QA and Subordinate are horrible. They don't have focus on the Business they use business people for different purposes. Attrition rate is huge.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Feb 2024

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Here, operators need to do whatever the some senior says. Despite having diploma and i.t.i qualification. they ask to draw water from A.C. outdoor, they ask to dig the soil and put the name plates of the trees, floor cleaning and many more work they said. they think operators have roles like 1) Operator 2) Supervisor 3) Helper 4) housekeeping 5) mathadi (loading) and various other roles.

read more
  • Skill development - Bad
  • +5 more
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Lico Materials Fitter Salary FAQs

What is the salary of Fitter at Lico Materials in Navi Mumbai?
The average salary of a Fitter at Lico Materials in Navi Mumbai typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Fitter in Navi Mumbai at Lico Materials earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Fitter Salaries at Lico Materials 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 Lico Materials employees in India.
What is the estimated take home salary of a Fitter at Lico Materials in Navi Mumbai?
The estimated take-home salary of a Fitter at Lico Materials in Navi Mumbai typically ranges from ₹19,128 to ₹20,805 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 Lico Materials. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lico Materials for Fitter in India?
Sulzer ₹3.0 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lico Materials, depending on the role and experience level.
What is the salary of a Fitter in companies similar to Lico Materials in Navi Mumbai?
The salary of a Fitter at companies similar to Lico Materials in Navi Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Iti Fitter ₹2.5 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 Fitter at Lico Materials in Navi Mumbai?
The salary growth for a Fitter at Lico Materials in Navi Mumbai depends on factors such as experience, performance, and promotions. On average, a Fitter in Navi Mumbai can expect the following growth trajectory at Lico Materials:

Experience Average Salary Range
3 years ₹2.7 Lakhs to ₹3.5 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
13 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

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Lico Materials Fitter salary in Navi Mumbai ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lico Materials latest salaries received from various employees of Lico Materials.