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Magod Laser Machining new Product Development Engineer salaries in Bangalore / Bengaluru

Annual salary range
2 - 4 years exp.
₹5.2 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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24% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 2 - 4 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Magod Laser Machining for new Product Development Engineer in Bangalore / Bengaluru

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Magod Laser Machining new Product Development Engineer Salary

2 - 4 years exp. (4 salaries)

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₹5.2 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹5.7 L/yr

arrow icon 26% less
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₹1.8 L/yr - ₹6.8 L/yr

arrow icon 6% less
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₹2 L/yr - ₹6.1 L/yr

arrow icon 23% less
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₹1.7 L/yr - ₹6.7 L/yr

arrow icon 25% less
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₹3.8 L/yr - ₹5.5 L/yr

arrow icon 18% less
new Product Development Engineer salary at Magod Laser Machining ranges between ₹5.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Magod Laser Machining.

Latest annual salaries shared by Magod Laser Machining new Product Development Engineer in Bangalore / Bengaluru

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2 years exp.
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4 years exp.
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Experience wise Magod Laser Machining new Product Development Engineer salaries in Bangalore / Bengaluru

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Magod Laser Machining

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₹1.85 L/yr - ₹8.4 L/yr
NPD Engineer Salary
(4 salaries)
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₹3.5 L/yr - ₹5.5 L/yr
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₹3.1 L/yr - ₹3.7 L/yr

Salary related reviews for Magod Laser Machining

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 03 Nov 2022

5.0
 for  Salary and Benefits

Likes

MD and HR are very professional . Latest machinery in laser cutting and laser welding are very good investment from management side and good learning for freshers .

read more
  • Salary - Excellent
  • +5 more

Dislikes

Family based management , other family members are not supportive for managers and lot of interfere in day to day activities from family members .

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 12 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

U gone for the interview for position of design engineer , they don’t even having proper updated design software , not a good chair to sit , even thought all interview gone very good they can’t even offer 25 k per month , so shit company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

laser welding dept Department

3.0
  •  posted on 26 Sep 2017

2.0
 for  Salary and Benefits

Likes

they provide full freedom for work and learning any department works good place for freshers to learn. they provide one year training and they leave b.e candidate.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

everything is good but they wont find the performance of employee full politics.

  • Salary - Poor
  • +2 more
see more salary related reviews

Magod Laser Machining new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Magod Laser Machining Bangalore / Bengaluru?
new Product Development Engineer salary at Magod Laser Machining in Bangalore / Bengaluru ranges between ₹5.2 Lakhs to ₹5.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 24% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magod Laser Machining Bangalore / Bengaluru.
How does the salary of a new Product Development Engineer at Magod Laser Machining Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Magod Laser Machining is 24% more than the average salary of a new Product Development Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.
What is the salary of a new Product Development Engineer in companies similar to Magod Laser Machining in Bangalore / Bengaluru?
  • Nash Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
  • Sansera Engineering new Product Development Engineer Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year
  • Veer-O-- Metals new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
  • Hical Technologies new Product Development Engineer Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
  • INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Magod Laser Machining in Bangalore / Bengaluru?
The estimated take-home salary of a new Product Development Engineer at Magod Laser Machining ranges between ₹39,974 per month to ₹41,139 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Magod Laser Machining new Product Development Engineer salary in India which ranges between ₹5.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at Magod Laser Machining in Bangalore / Bengaluru?
According to AmbitionBox, 80% of the Magod Laser Machining new Product Development Engineers in Bangalore / Bengaluru reported a notice period of 1 Month, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Magod Laser Machining new Product Development Engineer salary in Bangalore / Bengaluru ranges between ₹5.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magod Laser Machining latest salaries received from various employees of Magod Laser Machining.