MK Fasteners Production Engineer Salaries by 10+ Employees

1 - 7 years exp.

₹2 Lakhs - ₹3.4 Lakhs

Salary of majority employees

31% less than the average Production Engineer Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 1 - 7 years exp. (10 salaries)	₹2 L/yr - ₹3.4 L/yr
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Project & Program Management Production Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.8 L/yr

Last Updated: 23 Aug 2024

Companies similar to MK Fasteners for Production Engineer

Company name	Avg Annual Salary	Open Jobs
CME Group Production Engineer Salary 3 - 10 years exp. (6 salaries)	₹4.9 L/yr - ₹16 L/yr 301% more
National Securities Depository Production Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹4 L/yr 29% more
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Samvardhana Motherson Group Production Engineer Salary 1 - 7 years exp. (490 salaries)	₹1.2 L/yr - ₹6 L/yr 39% more
Kalintis Healthcare Production Engineer Salary 0 - 6 years exp. (397 salaries)	₹1.1 L/yr - ₹3.6 L/yr 15% less
EPL Limited Production Engineer Salary 1 - 9 years exp. (355 salaries)	₹1.4 L/yr - ₹4.6 L/yr 15% more

Production Engineer salary at MK Fasteners ranges between ₹2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 12 latest salaries received from various employees of MK Fasteners.

Experience wise MK Fasteners Production Engineer salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
2 years (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in MK Fasteners

Project Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.2 L/yr

Production Manager Salary

(4 salaries)

₹7.5 L/yr - ₹9 L/yr

Junior Engineer Salary

(5 salaries)

₹3 L/yr - ₹4.2 L/yr

Senior Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(5 salaries)

₹4 L/yr - ₹5.24 L/yr

Quality Engineer Salary

(12 salaries)

₹2 L/yr - ₹3 L/yr

Production Engineer Incharge Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Supervisor Salary

(6 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Mechanical Engineer Salary

(5 salaries)

₹2.9 L/yr - ₹3.5 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for MK Fasteners

1.5

Rated by 3 employees for salary & benefits

Production Engineer in Bangalore / Bengaluru

Other Department

1.0

• posted on 09 Jan 2021

1.0

for Salary and Benefits

Likes

In this company the work is to good and incharge also

Dislikes

In this company management is so bad not given salary correct management saying on and doing one and this company management is like to jail so worst company company I seen ever

Salary - Bad

+6 more

Process Quality Engineer in Anekal

Full Time

Quality Assurance Department

4.0

• posted on 01 Aug 2024

1.0

for Salary and Benefits

Likes

1. They provide lots of educational training so u can make use of that. 2. Great opportunity for freshers to start they are career.

Skill development - Excellent

Dislikes

1. No Salary revision as per roles and responsibilities. 2. They will promote higher position but salary remains same as previous position. 3. Lots of politics.. 4. Company is good but poor management.

Salary - Bad

+2 more

QA Engineer in Annekal

Quality Assurance Department

4.0

• posted on 14 Mar 2022

3.0

for Salary and Benefits

Likes

Company management is quite good enough,work culture is as friendly as well and also company policies are good

Job security - Excellent

+2 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow

Engineer in Anekal

Full Time

Research & Development Department

1.0

• posted on 30 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing much factory setups are good but the management is poor.

Dislikes

No appreciation to work. No work saftey anything can happen any day. Not a place for professionals as it's run by managers who has no technical knowledge and are best at screaming and no professional background aswell.

Salary - Bad

+6 more

NPD Engineer in Bangalore / Bengaluru

NPD Department

4.0

• posted on 01 May 2019

3.0

for Salary and Benefits

Likes

The company is good for freshers and big plus is work life balance and work culture. Another good thing is my colleagues are from different cultural background. I like transparency in business.

Company culture - Good

+1 more

Dislikes

The management looking for change but the team leaders and HODs are not ready for that. One big problem I faced is MD involvement in every processes and question staffs for the progress which let all employees in discomfort. One of the crucial thing is there is a possibility of immediate depromotion or sometimes termination might happen.

Job security - Bad

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MK Fasteners Production Engineer Salary FAQs

What is the salary of Production Engineer at MK Fasteners ?

The average salary of a Production Engineer at MK Fasteners in India typically ranges from ₹2.0 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Production Engineer at MK Fasteners earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Production Engineer Salaries at MK Fasteners 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 10+ MK Fasteners employees in India.

What is the estimated take home salary of a Production Engineer at MK Fasteners in India?

The estimated take-home salary of a Production Engineer at MK Fasteners in India typically ranges from ₹18,693 to ₹20,375 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 7 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 10+ salaries received from various employees of MK Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MK Fasteners for Production Engineer in India?

CME Group	₹4.9 Lakhs to ₹16.0 Lakhs per year
Samvardhana Motherson Group	₹1.2 Lakhs to ₹6.0 Lakhs per year
National Securities Depository	₹3.1 Lakhs to ₹4.0 Lakhs per year
EPL Limited	₹1.4 Lakhs to ₹4.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MK Fasteners, depending on the role and experience level.

What is the salary of a Production Engineer in companies similar to MK Fasteners in India?

The salary of a Production Engineer at companies similar to MK Fasteners in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kalintis Healthcare

₹1.1 Lakhs to ₹3.6 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 Production Engineer at MK Fasteners in India?

The salary growth for a Production Engineer at MK Fasteners depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at MK Fasteners:

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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MK Fasteners Production Engineer Salaries

MK Fasteners Production Engineer salary in India ranges between ₹2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 MK Fasteners latest salaries received from various employees of MK Fasteners.