Maadhav Automotive Fasteners Purchase Engineer Salaries by 3 Employees

5 - 7 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Purchase Engineer Salary for 5 - 7 years of experience

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Last Updated: 10 Jul 2023

Companies similar to Maadhav Automotive Fasteners for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Maxxis Rubber Purchase Engineer Salary 2 - 9 years exp. (7 salaries)	₹3.2 L/yr - ₹6.6 L/yr 40% more
Caparo Engineering India Purchase Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹5.3 L/yr 14% more
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Seoyon E-hwa Automotive Purchase Engineer Salary 2 - 6 years exp. (4 salaries)	₹2 L/yr - ₹6 L/yr 7% more
Bharat Electronics Purchase Engineer Salary 1 - 4 years exp. (92 salaries)	₹1.3 L/yr - ₹5 L/yr 11% more
Tata Motors Purchase Engineer Salary 1 - 5 years exp. (89 salaries)	₹2 L/yr - ₹4.8 L/yr 3% less

Purchase Engineer salary at Maadhav Automotive Fasteners ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Maadhav Automotive Fasteners.

Experience wise Maadhav Automotive Fasteners Purchase Engineer salaries

Last Updated: 10 Jul 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Maadhav Automotive Fasteners

Purchase Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Senior Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

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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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Maadhav Automotive Fasteners Purchase Engineer Salary FAQs

How the salary growth look like for a Purchase Engineer at Maadhav Automotive Fasteners in India?

The salary growth for a Purchase Engineer at Maadhav Automotive Fasteners depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at Maadhav Automotive Fasteners:

Experience	Average Salary Range
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Maadhav Automotive Fasteners Purchase Engineer Salaries

Maadhav Automotive Fasteners Purchase Engineer salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Maadhav Automotive Fasteners latest salaries received from various employees of Maadhav Automotive Fasteners.