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Medha Servo Drives ITI Fitter salaries in Visakhapatnam

Annual salary range
1 - 2 years exp.
₹1.3 Lakh - ₹2.6 Lakhs
Salary of majority employees
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At par with the average ITI Fitter Salary in Electrical Equipment Companies for 1 - 2 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Medha Servo Drives for ITI Fitter in Visakhapatnam

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Medha Servo Drives ITI Fitter Salary

1 - 2 years exp. (4 salaries)

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₹1.3 L/yr - ₹2.6 L/yr

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Company name Avg Annual Salary Open Jobs
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HBL Power Systems ITI Fitter Salary

6 - 8 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 11% less
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Laurus Labs ITI Fitter Salary

1 - 4 years exp. (7 salaries)

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₹1.6 L/yr - ₹3 L/yr

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Hindustan Petroleum ITI Fitter Salary

1 - 9 years exp. (5 salaries)

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₹1.8 L/yr - ₹4 L/yr

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DIVI'S Laboratories ITI Fitter Salary

1 - 8 years exp. (5 salaries)

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₹1.7 L/yr - ₹2.4 L/yr

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Lupin ITI Fitter Salary

0 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹2 L/yr

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ITI Fitter salary at Medha Servo Drives ranges between ₹1.3 Lakh to ₹2.6 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Medha Servo Drives.

Latest annual salaries shared by Medha Servo Drives ITI Fitter in Visakhapatnam

8mo ago
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2 years exp.
1y ago
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1 year exp.

Experience wise Medha Servo Drives ITI Fitter salaries in Visakhapatnam

Last Updated: 4 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Medha Servo Drives

Fitter Salary
(3 salaries)
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₹1.85 L/yr - ₹3 L/yr

Salary related reviews for Medha Servo Drives

Full Time

 · 

Other Department

5.0
  •  posted on 06 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No complaints

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Feb 2025

1.0
 for  Salary and Benefits

Likes

...ed to associates are good. For beginners it's good company to start your career. Bonus and other things are good only if you are sycophant. No technical knowledge skills will develop in this company.

read more
  • Job security - Excellent

Dislikes

Micro management. HR on-boarding experience wrost. No support after joining in company, Management tone changed talked rudely no work life balance. Biased management. Experience holder no value if you have expertise in A. Company management will give work in X. Company culture not so good feels like regret. Company only needs labour's.

read more
  • Salary - Bad
  • +5 more

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Mar 2021

4.0
 for  Salary and Benefits

Likes

Work culture is very pleasant and friendly. Overall work policies of the company and the management is mostly works in favor of the employees. Also employees and the work environment suits too good.

read more
  • Salary - Good
  • +6 more

Dislikes

salary hike is less .

Production, Manufacturing & Engineering Department

4.0
  •  posted on 31 Jul 2019

5.0
 for  Salary and Benefits

Likes

The company is readily adopts latest technology. I love the fact that the company always taking care of customer by providing better service.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Compensation is decent but growth is slow. Work pressure is very high, sometimes I have to work more than 12 hours in a day for 10 to 12 day in a month to fulfill customer demand.

read more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 17 Nov 2023

3.0
 for  Salary and Benefits

Likes

Yearly twice increment and field of work

  • Job security - Good

Dislikes

Not a 5 day office. Lot of deductions from salary that you can't expect. No difference in salary if highly performed, get same amount of money of less skilled people.

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  • Skill development - Poor
  • +3 more
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Medha Servo Drives ITI Fitter Salary FAQs

What is the salary of ITI Fitter at Medha Servo Drives in Visakhapatnam?
The average salary of a ITI Fitter at Medha Servo Drives in Visakhapatnam typically ranges from ₹1.3 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of ITI Fitter in Visakhapatnam at Medha Servo Drives earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. ITI Fitter Salaries at Medha Servo Drives 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 Medha Servo Drives employees in India.
What is the estimated take home salary of a ITI Fitter at Medha Servo Drives in Visakhapatnam?
The estimated take-home salary of a ITI Fitter at Medha Servo Drives in Visakhapatnam typically ranges from ₹15,475 to ₹17,084 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹2.6 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 Medha Servo Drives. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Medha Servo Drives for ITI Fitter in India?
Hindustan Petroleum ₹1.8 Lakhs to ₹4.0 Lakhs per year
Laurus Labs ₹1.6 Lakhs to ₹3.0 Lakhs per year
DIVI'S Laboratories ₹1.7 Lakhs to ₹2.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Medha Servo Drives, depending on the role and experience level.
What is the salary of a ITI Fitter in companies similar to Medha Servo Drives in Visakhapatnam?
The salary of a ITI Fitter at companies similar to Medha Servo Drives in Visakhapatnam varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HBL Power Systems ₹1.8 Lakhs to ₹2.3 Lakhs per year
Lupin ₹1.8 Lakhs to ₹2.0 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 ITI Fitter at Medha Servo Drives in Visakhapatnam?
The salary growth for a ITI Fitter at Medha Servo Drives in Visakhapatnam depends on factors such as experience, performance, and promotions. On average, a ITI Fitter in Visakhapatnam can expect the following growth trajectory at Medha Servo Drives:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
and so on.

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Medha Servo Drives ITI Fitter salary in Visakhapatnam ranges between ₹1.3 Lakh to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.