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Matrix Business Machines IT Engineer salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹1.8 Lakh - ₹4.5 Lakhs
Salary of majority employees
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38% less than the average IT Engineer Salary for 0 - 5 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
IT Engineer Salary
0 - 5 years exp. (5 salaries)
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₹1.9 L/yr - ₹4.5 L/yr

IT & Information Security
IT Engineer Salary
Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹3.3 L/yr

Last Updated: 14 Jan 2025

Companies similar to Matrix Business Machines for IT Engineer

Company name Avg Annual Salary Open Jobs
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TCS IT Engineer Salary

1 - 10 years exp. (200 salaries)

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₹1.6 L/yr - ₹10.2 L/yr

arrow icon 95% more
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Wipro IT Engineer Salary

0 - 8 years exp. (77 salaries)

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₹1.2 L/yr - ₹5.6 L/yr

arrow icon 12% more
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HCLTech IT Engineer Salary

0 - 8 years exp. (36 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 53% more
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Amazon IT Engineer Salary

0 - 8 years exp. (33 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 144% more
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Tech Mahindra IT Engineer Salary

0 - 7 years exp. (25 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 26% more
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Cognizant IT Engineer Salary

0 - 10 years exp. (18 salaries)

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₹4.1 L/yr - ₹15.6 L/yr

arrow icon 216% more
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Larsen & Toubro Limited IT Engineer Salary

0 - 6 years exp. (17 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 11% more
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IBM IT Engineer Salary

0 - 8 years exp. (14 salaries)

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₹2 L/yr - ₹9.1 L/yr

arrow icon 48% more
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Infosys IT Engineer Salary

0 - 10 years exp. (13 salaries)

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₹7.5 L/yr - ₹13 L/yr

arrow icon 236% more
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DXC Technology IT Engineer Salary

1 - 8 years exp. (11 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 53% more
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Accenture IT Engineer Salary

0 - 5 years exp. (11 salaries)

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₹2 L/yr - ₹9.5 L/yr

arrow icon 63% more
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Reliance Retail IT Engineer Salary

3 - 10 years exp. (9 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 3% more
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Teleperformance IT Engineer Salary

0 - 5 years exp. (8 salaries)

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₹1.9 L/yr - ₹4 L/yr

arrow icon 6% more
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Reliance Industries IT Engineer Salary

1 - 6 years exp. (8 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 6% less
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Capgemini IT Engineer Salary

0 - 5 years exp. (8 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 37% more
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Concentrix Corporation IT Engineer Salary

0 - 5 years exp. (7 salaries)

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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 27% more
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Genpact IT Engineer Salary

0 - 3 years exp. (6 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 9% less
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ICICI Bank IT Engineer Salary

1 - 11 years exp. (5 salaries)

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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 50% more
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Jio IT Engineer Salary

0 - 7 years exp. (5 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 21% less
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Deloitte IT Engineer Salary

0 - 8 years exp. (5 salaries)

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₹7 L/yr - ₹8.8 L/yr

arrow icon 164% more
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IT Engineer salary at Matrix Business Machines ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Matrix Business Machines.

Latest annual salaries shared by Matrix Business Machines IT Engineer

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Experience wise Matrix Business Machines IT Engineer salaries

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Matrix Business Machines

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₹1.8 L/yr - ₹3.9 L/yr
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₹0.9 L/yr - ₹2.05 L/yr
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₹1.8 L/yr - ₹2.7 L/yr
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₹2.4 L/yr - ₹3.2 L/yr
L2 Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹2.3 L/yr - ₹3 L/yr
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₹5 L/yr - ₹6.4 L/yr
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₹2 L/yr - ₹2.5 L/yr
Network Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Service Desk Coordinator Salary
(AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Matrix Business Machines

4.0

Rated by 2 employees for salary & benefits

IT & Information Security Department

4.0
  •  posted on 02 May 2021

4.0
 for  Salary and Benefits

Likes

Encourage to learn and do better, management is very supportive and understanding,Documentation work and salary on time

read more
  • Salary - Good
  • +6 more

Dislikes

Deduction from salary is very high compare to other companies like PF,travel allowance ,bonus. Due to covid pandemic situation company not able to increase salary from one year. I do received appreciation certificate and emails from client site , but they mostly go unnoticed during my mid year appraisals.

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Matrix Business Machines IT Engineer Salary FAQs

What is the salary of IT Engineer at Matrix Business Machines ?
The average salary of a IT Engineer at Matrix Business Machines in India typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of IT Engineer at Matrix Business Machines earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. IT Engineer Salaries at Matrix Business Machines 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 9 Matrix Business Machines employees in India.
What is the estimated take home salary of a IT Engineer at Matrix Business Machines in India?
The estimated take-home salary of a IT Engineer at Matrix Business Machines in India typically ranges from ₹21,931 to ₹23,416 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 9 salaries received from various employees of Matrix Business Machines. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Matrix Business Machines for IT Engineer in India?
JPMorgan Chase & Co. ₹8.0 Lakhs to ₹26.0 Lakhs per year
Infosys ₹7.5 Lakhs to ₹13.0 Lakhs per year
Cognizant ₹4.1 Lakhs to ₹15.6 Lakhs per year
Deloitte ₹7.0 Lakhs to ₹8.8 Lakhs per year
Amazon ₹3.0 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Matrix Business Machines, depending on the role and experience level.
What is the salary of a IT Engineer in companies similar to Matrix Business Machines in India?
The salary of a IT Engineer at companies similar to Matrix Business Machines in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS ₹1.6 Lakhs to ₹10.2 Lakhs per year
Accenture ₹2.0 Lakhs to ₹9.5 Lakhs per year
DXC Technology ₹3.0 Lakhs to ₹9.5 Lakhs per year
HCLTech ₹2.0 Lakhs to ₹7.0 Lakhs per year
ICICI Bank ₹1.8 Lakhs to ₹7.5 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 IT Engineer at Matrix Business Machines in India?
The salary growth for a IT Engineer at Matrix Business Machines depends on factors such as experience, performance, and promotions. On average, a IT Engineer can expect the following growth trajectory at Matrix Business Machines:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹3.5 Lakhs per year
1 year ₹2.3 Lakhs to ₹5.3 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.1 Lakhs per year
3 years ₹1.9 Lakhs to ₹3.5 Lakhs per year
and so on.

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Matrix Business Machines IT Engineer salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Matrix Business Machines latest salaries received from various employees of Matrix Business Machines.