Master Moulds Nashik Design Engineer Salaries by 4 Employees

3 - 4 years exp.

₹2.5 Lakhs - ₹5.2 Lakhs

Salary of majority employees

24% less than the average Design Engineer Salary for 3 - 4 years of experience

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Last Updated: 24 Jul 2024

Companies similar to Master Moulds for Design Engineer in Nashik

Master Moulds Design Engineer Salary

3 - 4 years exp. (4 salaries)

₹2.5 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
ABB Design Engineer Salary 0 - 9 years exp. (74 salaries)	₹1.8 L/yr - ₹9.5 L/yr 52% more
Armstrong Robotics & Technologies Private Limited Design Engineer Salary 1 - 7 years exp. (34 salaries)	₹2.6 L/yr - ₹9.8 L/yr 56% more
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Mahindra & Mahindra Design Engineer Salary 1 - 7 years exp. (25 salaries)	₹2 L/yr - ₹9 L/yr 54% more
CG Power and Industrial Solutions Design Engineer Salary 1 - 6 years exp. (24 salaries)	₹1.8 L/yr - ₹5.8 L/yr 10% less
Cears Dies & Moulds Design Engineer Salary 1 - 7 years exp. (24 salaries)	₹1.5 L/yr - ₹4.5 L/yr 8% less

Design Engineer salary at Master Moulds ranges between ₹2.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Master Moulds.

Experience wise Master Moulds Design Engineer salaries in Nashik

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Master Moulds Design Engineer Salary FAQs

What is the salary of Design Engineer at Master Moulds in Nashik?

The average salary of a Design Engineer at Master Moulds in Nashik typically ranges from ₹2.5 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Design Engineer in Nashik at Master Moulds earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Design Engineer Salaries at Master Moulds 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 Master Moulds employees in India.

What is the estimated take home salary of a Design Engineer at Master Moulds in Nashik?

The estimated take-home salary of a Design Engineer at Master Moulds in Nashik typically ranges from ₹25,816 to ₹27,242 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 3 years to 4 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 Master Moulds. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Master Moulds for Design Engineer in India?

Armstrong Robotics & Technologies Private Limited	₹2.6 Lakhs to ₹9.8 Lakhs per year
Mahindra & Mahindra	₹2.0 Lakhs to ₹9.0 Lakhs per year
ABB	₹1.8 Lakhs to ₹9.5 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Master Moulds in Nashik?

The salary of a Design Engineer at companies similar to Master Moulds in Nashik varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cears Dies & Moulds	₹1.5 Lakhs to ₹4.5 Lakhs per year
CG Power and Industrial Solutions	₹1.8 Lakhs to ₹5.8 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 Design Engineer at Master Moulds in Nashik?

The salary growth for a Design Engineer at Master Moulds in Nashik depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Nashik can expect the following growth trajectory at Master Moulds:

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Master Moulds Design Engineer Salaries in Nashik

Master Moulds Design Engineer salary in Nashik ranges between ₹2.5 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Master Moulds latest salaries received from various employees of Master Moulds.