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MEMCO ASSOCIATES (INDIA) Rolling Stock Engineer salaries in India

Annual salary range
4 - 9 years exp.
₹8.3 Lakhs - ₹17.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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69% more than the average Rolling Stock Engineer Salary for 4 - 9 years of experience

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Salaries in different departments

Construction & Site Engineering
Rolling Stock Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.1 L/yr

Engineering - Software & QA
Rolling Stock Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹13.9 L/yr

Last Updated: 21 Apr 2023

Companies similar to MEMCO ASSOCIATES (INDIA) for Rolling Stock Engineer

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹5.3 L/yr

arrow icon 61% less
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₹5.8 L/yr - ₹17 L/yr

arrow icon 1% less
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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 41% less
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₹3 L/yr - ₹4.3 L/yr

arrow icon 68% less
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 70% less
Rolling Stock Engineer salary at MEMCO ASSOCIATES (INDIA) ranges between ₹8.3 Lakhs to ₹17.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of MEMCO ASSOCIATES (INDIA).

Latest annual salaries shared by MEMCO ASSOCIATES (INDIA) Rolling Stock Engineer

1y ago
₹17.5 Lakhs
9 years exp.
1y ago
₹12.7 Lakhs
8 years exp.
1y ago
₹8.3 Lakhs
5 years exp.
1y ago
₹8.3 Lakhs
4 years exp.
1y ago
₹15.5 Lakhs
9 years exp.

Experience wise MEMCO ASSOCIATES (INDIA) Rolling Stock Engineer salaries

Last Updated: 21 Apr 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹15.3 L/yr
6 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
8 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹24.7 L/yr
View all

Similar Designation salaries in MEMCO ASSOCIATES (INDIA)

Senior Engineer Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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₹5 L/yr - ₹9 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Top skills at MEMCO ASSOCIATES (INDIA) for Rolling Stock Engineer

Metro

Salary related reviews for MEMCO ASSOCIATES (INDIA)

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.

read more

Dislikes

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

read more
  • Salary - Bad
  • +6 more

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

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.

read more
  • 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.

read more

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.

read more
  • 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.

read more
  • 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

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MEMCO ASSOCIATES (INDIA) Rolling Stock Engineer Salary FAQs

What is the salary of Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) ?
The average salary of a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) in India typically ranges from ₹8.3 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Rolling Stock Engineer 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 estimates are based on salary data submitted by 5 MEMCO ASSOCIATES (INDIA) employees in India.
What is the estimated take home salary of a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) in India?
The estimated take-home salary of a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) in India typically ranges from ₹81,198 to ₹83,314 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 4 years to 9 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 5 salaries received from various employees of MEMCO ASSOCIATES (INDIA). Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) ?
Metro is a popular skill required to work as a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA).
What is the salary of a Rolling Stock Engineer in companies similar to MEMCO ASSOCIATES (INDIA) in India?
The salary of a Rolling Stock Engineer at companies similar to MEMCO ASSOCIATES (INDIA) in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alstom Transportation ₹5.8 Lakhs to ₹17.0 Lakhs per year
Medha Servo Drives ₹4.5 Lakhs to ₹8.5 Lakhs per year
Keolis Hyderabad Metro ₹2.6 Lakhs to ₹5.3 Lakhs per year
Hyderabad Metro Rail ₹3.0 Lakhs to ₹4.3 Lakhs per year
Asa Bhanu Technical Services ₹1.7 Lakhs to ₹5.5 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 Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) in India?
The salary growth for a Rolling Stock Engineer at MEMCO ASSOCIATES (INDIA) depends on factors such as experience, performance, and promotions. On average, a Rolling Stock Engineer can expect the following growth trajectory at MEMCO ASSOCIATES (INDIA):

Experience Average Salary Range
4 years ₹8.3 Lakhs to ₹8.3 Lakhs per year
5 years ₹8.3 Lakhs to ₹15.3 Lakhs per year
6 years ₹9.2 Lakhs to ₹11.8 Lakhs per year
7 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
and so on.

Tell us how to improve this page.

MEMCO ASSOCIATES (INDIA) Rolling Stock Engineer salary in India ranges between ₹8.3 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 MEMCO ASSOCIATES (INDIA) latest salaries received from various employees of MEMCO ASSOCIATES (INDIA).