Milltec Machinery Pvt Ltd Bangalore R&D Engineer Salaries by 5 Employees

6 - 9 years exp.

₹4.3 Lakhs - ₹8.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% less than the average R&D Engineer Salary in Industrial Machinery Companies for 6 - 9 years of experience

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Last Updated: 7 Mar 2024

Companies similar to Milltec Machinery Pvt Ltd Bangalore for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Forbes Marshall R&D Engineer Salary 0 - 4 years exp. (14 salaries)	₹5.1 L/yr - ₹13.8 L/yr 25% more
Lakshmi Machine Works R&D Engineer Salary 0 - 8 years exp. (13 salaries)	₹3 L/yr - ₹8 L/yr 6% less
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Kirloskar Oil Engines R&D Engineer Salary 0 - 9 years exp. (7 salaries)	₹3.3 L/yr - ₹9.4 L/yr 15% more
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Shakti Pumps R&D Engineer Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 40% less
Indo Farm Equipment R&D Engineer Salary 2 - 6 years exp. (4 salaries)	₹5.3 L/yr - ₹9.5 L/yr 13% more
Wipro Infrastructure Engineering R&D Engineer Salary 1 - 12 years exp. (4 salaries)	₹2.8 L/yr - ₹8 L/yr 30% less
Trans ACNR Solutions Private Limited R&D Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 29% less
Rajoo Engineers R&D Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 62% less
Thermax Limited R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹7.1 L/yr 30% less
Kirloskar Pneumatic R&D Engineer Salary 0 - 2 years exp. (3 salaries)	₹6.5 L/yr - ₹8.3 L/yr 14% more
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R&D Engineer salary at Milltec Machinery Pvt Ltd Bangalore ranges between ₹4.3 Lakhs to ₹8.4 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Milltec Machinery Pvt Ltd Bangalore.

Experience wise Milltec Machinery Pvt Ltd Bangalore R&D Engineer salaries

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.9 L/yr
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8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹8.4 L/yr

Similar Designation salaries in Milltec Machinery Pvt Ltd Bangalore

Senior Engineer Salary

(11 salaries)

₹4.25 L/yr - ₹9 L/yr

Design Engineer Salary

(5 salaries)

₹4.05 L/yr - ₹5 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Project Engineer Salary

(4 salaries)

₹5.06 L/yr - ₹6.39 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Deputy Manager Salary

(7 salaries)

₹6 L/yr - ₹11 L/yr

Senior Design Engineer Salary

(12 salaries)

₹4.5 L/yr - ₹10.1 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for Milltec Machinery Pvt Ltd Bangalore

1.0

Rated by 1 employees for salary & benefits

Design Engineer in Bangalore Rural

Full Time

Research & Development Department

1.0

• posted on 30 Apr 2024

2.0

for Salary and Benefits

Likes

On time salary Suggest only for fresher's. Not recommend for Engineers with ,5+ year experience

Dislikes

No respect for employees. Managers will speak like construction site and treat subordinates like labourer. If you are going to join design team - No Mobile is allowed inside. HR will inform you on date of joining. Without phone, they expect you to work from 8.15 am to 5:50 pm No proper guidance from managers Zero work life balance. No care for human we'll being. They expect engineers to work beyond office time Top management is difficult to deal with and changes policy oftentimes.

Salary - Poor

+6 more

Sales Engineer in Vijayawada

Sales & Marketing Department

1.0

• posted on 30 Apr 2022

4.0

for Salary and Benefits

Likes

Salary is on time. Company is okay but there are some harmful characters in sales team

Salary - Good

Dislikes

Sales DGM Ramana. he takes percentage kickback from his area dealers as comission . that's why he doesn't allow new sales people or dealers to train or learn his area, because they will identify this. CEO and some management also know this but they are spineless. hope atleast new company AGI identify this

Skill development - Bad

+5 more

Mechanical Engg. Design in At Bammasandra Indl, Bangalore

Full Time

Research & Development Department

5.0

• posted on 22 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture, teammates are supportive and the management is transparent.company policies are good,

Salary - Good

+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.

Deputy General Manager Project in Bangalore / Bengaluru

Project & Program Management Department

3.0

• posted on 10 Apr 2021

4.0

for Salary and Benefits

Likes

The work life balance is very good. Processes of admin are smooth (like salary coming on time etc)

Salary - Good

+2 more

Dislikes

Not enough interactions by Management. No solution approach. No career planning for employees. No proper infrastructure and no IT infrastructure. No transparency with middle management. Only one sided communication (top to bottom). etc, no team outings, no moral support, no soft skill training, Partiality between same tier of employees, favourism

Skill development - Poor

+3 more

Diploma Mechanical Engineer in Bangalore / Bengaluru

Production Department

5.0

• posted on 24 Sep 2018

2.0

for Salary and Benefits

Likes

The company is working on fabrication. I love the fact that I am part of team who working together and to make finish material. The company is making for rice mill product. We work happily in collaboration and also like the employee.

Skill development - Excellent

+1 more

Dislikes

...s poor. Food quality is very bad. On night duty,there are no medical allowances. No increment in salary for parmanent employee also.

Salary - Poor

+3 more

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Milltec Machinery Pvt Ltd Bangalore R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Milltec Machinery Pvt Ltd Bangalore ?

The average salary of a R&D Engineer at Milltec Machinery Pvt Ltd Bangalore in India typically ranges from ₹4.3 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of R&D Engineer at Milltec Machinery Pvt Ltd Bangalore earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. R&D Engineer Salaries at Milltec Machinery Pvt Ltd Bangalore 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 Milltec Machinery Pvt Ltd Bangalore employees in India.

What is the estimated take home salary of a R&D Engineer at Milltec Machinery Pvt Ltd Bangalore in India?

The estimated take-home salary of a R&D Engineer at Milltec Machinery Pvt Ltd Bangalore in India typically ranges from ₹48,053 to ₹49,190 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 6 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 Milltec Machinery Pvt Ltd Bangalore. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Milltec Machinery Pvt Ltd Bangalore for R&D Engineer in India?

Forbes Marshall	₹5.1 Lakhs to ₹13.8 Lakhs per year
Kirloskar Oil Engines	₹3.3 Lakhs to ₹9.4 Lakhs per year
Kirloskar Pneumatic	₹6.5 Lakhs to ₹8.3 Lakhs per year
Indo Farm Equipment	₹5.3 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Milltec Machinery Pvt Ltd Bangalore, depending on the role and experience level.

What is the salary of a R&D Engineer in companies similar to Milltec Machinery Pvt Ltd Bangalore in India?

The salary of a R&D Engineer at companies similar to Milltec Machinery Pvt Ltd Bangalore in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lakshmi Machine Works	₹3.0 Lakhs to ₹8.0 Lakhs per year
Trans ACNR Solutions Private Limited	₹2.5 Lakhs to ₹5.5 Lakhs per year
Wipro Infrastructure Engineering	₹2.8 Lakhs to ₹8.0 Lakhs per year
Thermax Limited	₹2.1 Lakhs to ₹7.1 Lakhs per year
Shakti Pumps	₹3.0 Lakhs to ₹5.0 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 R&D Engineer at Milltec Machinery Pvt Ltd Bangalore in India?

The salary growth for a R&D Engineer at Milltec Machinery Pvt Ltd Bangalore depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at Milltec Machinery Pvt Ltd Bangalore:

Experience	Average Salary Range
6 years	₹4.3 Lakhs to ₹4.3 Lakhs per year
7 years	₹4.6 Lakhs to ₹9.9 Lakhs per year
8 years	₹6.4 Lakhs to ₹8.4 Lakhs per year
9 years	₹8.4 Lakhs to ₹8.4 Lakhs per year

and so on.

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Milltec Machinery Pvt Ltd Bangalore R&D Engineer Salaries

Milltec Machinery Pvt Ltd Bangalore R&D Engineer salary in India ranges between ₹4.3 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Milltec Machinery Pvt Ltd Bangalore latest salaries received from various employees of Milltec Machinery Pvt Ltd Bangalore.