Markanda Tools & Components Junior Design Engineer salaries in India

The average salary of a Junior Design Engineer at Markanda Tools & Components in India typically ranges from ₹2.2 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Junior Design Engineer at Markanda Tools & Components earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Junior Design Engineer Salaries at Markanda Tools & Components 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 Markanda Tools & Components employees in India.

The estimated take-home salary of a Junior Design Engineer at Markanda Tools & Components in India typically ranges from ₹15,495 to ₹17,105 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 2 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 Markanda Tools & Components. Check how we calculate in-hand salary with our in-hand salary calculator.

Larsen & Toubro Limited	₹5.2 Lakhs to ₹7.0 Lakhs per year
HCLTech	₹4.9 Lakhs to ₹5.0 Lakhs per year
TCS	₹4.0 Lakhs to ₹5.1 Lakhs per year
Tech Mahindra	₹2.8 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Markanda Tools & Components, depending on the role and experience level.

The salary of a Junior Design Engineer at companies similar to Markanda Tools & Components in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant

₹1.9 Lakhs to ₹2.4 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.

The salary growth for a Junior Design Engineer at Markanda Tools & Components depends on factors such as experience, performance, and promotions. On average, a Junior Design Engineer can expect the following growth trajectory at Markanda Tools & Components:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.