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MEMCO ASSOCIATES (INDIA) Salaries in India (Updated 2025)

based on 101 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Construction & Site Engineering Finance & Accounting Customer Success, Service & Operations + 3 more
Designation Avg Annual Salary Open Jobs
1 - 7 years exp. (9 salaries)
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₹3.2 L/yr - ₹10.8 L/yr

4 - 9 years exp. (5 salaries)
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₹8.3 L/yr - ₹17.5 L/yr

2 - 12 years exp. (4 salaries)
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₹2.9 L/yr - ₹8.3 L/yr

2 - 8 years exp. (3 salaries)
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₹3.4 L/yr - ₹4.4 L/yr

1 job opening
Starting your career? Discover MEMCO ASSOCIATES (INDIA) fresher salaries in India
3 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹3.5 L/yr

4 - 6 years exp. (3 salaries)
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₹8 L/yr - ₹8.5 L/yr

3 - 4 years exp. (3 salaries)
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₹5 L/yr - ₹9 L/yr

0 - 2 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

10 - 12 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

14 - 17 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

10 - 13 years exp. (AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr

2 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

17 years exp. (AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.2 L/yr

10 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

5 years exp. (AmbitionBox Estimate)
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₹0.3 L/yr - ₹0.3 L/yr

9 years exp. (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

2 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

22 years exp. (AmbitionBox Estimate)
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₹12.4 L/yr - ₹15.8 L/yr

3 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Last Updated: 6 Apr, 2025

Salary related reviews for MEMCO ASSOCIATES (INDIA)

2.9

Rated by 28 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 02 Aug 2024

2.0
 for  Salary and Benefits

Likes

There is nothing to like about this company as this company never let you grow in your career.

Dislikes

So much to dislike about this company especially their policy, salary, politics, but they will soon lose all their best employees if they never going to listen and understand the situation of their employees. NOTE*: THEY USE ILLEGAL NULL AND VOID BOND TO SCARE THE NEWLY UNAWARE CANDIDATE TO HOLD HIM/HER IN THE THEIR COMPANY FOR NOTHING.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 06 Apr 2025

1.0
 for  Salary and Benefits

Likes

Worst culture, this is the only company decreasing salary while moving project end to office. Telugu domination is the main issue in this company. They will not give any promotion or salary hike if u not a Telugu guy. There is no HR in this company and no company polices.

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Dislikes

Full dislike they need staffs(Engineers, Sr Engineers) for little salary below 25k.

read more
  • Salary - Bad
  • +6 more

Production Department

1.0
  •  posted on 30 Apr 2021

5.0
 for  Salary and Benefits

Likes

...nagement is transport. 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.

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  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Transportation Department

4.0
  •  posted on 18 Apr 2019

4.0
 for  Salary and Benefits

Likes

The company is good as most of the people were good. we worked on latest technology and also it provides good benefits and compensation, and i am happy to be a part of the organisation. Plus point is my colleagues came from various cultural backgrounds, and we work happily in collaboration, in the end we all became good friends.

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  • Salary - Good
  • +3 more

Dislikes

The worst thing is SOME managers do not behave with dignity (Only Delhi Staff), many times i felt like harassed by the managers. However head office management is awesome (Banglore staff) as they are very understanding and very helpful. Many times we have to work 14-18 hours straight in a day.

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  • Company culture - Bad
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 23 Jan 2023

1.0
 for  Salary and Benefits

Likes

Getting experienced from there is good.

Dislikes

There is no respect of the employee because they have project in Govt. So the govt. Employee don't give respect to the same fellow colleagues. Also there is a bond of 5 years so its look like we are in a cage and we don't find another opportunity untill we paid bond amount which is very huge for the middle class job person.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

MEMCO ASSOCIATES (INDIA) Salary FAQs

How much does MEMCO ASSOCIATES (INDIA) pay to its employees?
The average annual salary at MEMCO ASSOCIATES (INDIA) varies depending on the role, experience, and location. The salary ranges for some popular designations at MEMCO ASSOCIATES (INDIA), are as follows:

Testing & Commissioning Engineer ₹3.2 Lakhs to ₹10.8 Lakhs per year
Rolling Stock Engineer ₹8.3 Lakhs to ₹17.5 Lakhs per year
Account Assistant ₹2.9 Lakhs to ₹8.3 Lakhs per year
Business Development Executive ₹3.4 Lakhs to ₹4.4 Lakhs per year

The highest-paying role, Rolling Stock Engineer, earns between ₹8.3 Lakhs to ₹17.5 Lakhs per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹27.9 Lakhs per year. Salaries at MEMCO ASSOCIATES (INDIA) 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 salary estimates are based on data from 101 salaries submitted by MEMCO ASSOCIATES (INDIA) employees. MEMCO ASSOCIATES (INDIA) is rated 2.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in MEMCO ASSOCIATES (INDIA) is INRunlock blur . Salary estimates are based on 100+ MEMCO ASSOCIATES (INDIA) latest salaries received from various employees of MEMCO ASSOCIATES (INDIA).

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