MNC Group Mechanical Engineer Salaries by 4 Employees

0 - 4 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Mechanical Engineer Salary in Investment Banking / Venture Capital / Private Equity Companies for 0 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Mechanical Engineer Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Production, Manufacturing & Engineering Mechanical Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
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Energy & Mining Mechanical Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 6 Jul 2024

Companies similar to MNC Group for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Group Mechanical Engineer Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹5 L/yr 41% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 12 years exp. (557 salaries)	₹1.8 L/yr - ₹10.7 L/yr 70% more
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Mahindra & Mahindra Mechanical Engineer Salary 0 - 9 years exp. (205 salaries)	₹1 L/yr - ₹6.7 L/yr 10% less
Reliance Industries Mechanical Engineer Salary 1 - 10 years exp. (509 salaries)	₹1.7 L/yr - ₹9.9 L/yr 71% more	1 job opening
Bajaj Auto Mechanical Engineer Salary 1 - 9 years exp. (90 salaries)	₹1.2 L/yr - ₹9.6 L/yr 31% more
Ashok Leyland Mechanical Engineer Salary 1 - 10 years exp. (137 salaries)	₹1 L/yr - ₹6 L/yr 22% less
Hero MotoCorp Mechanical Engineer Salary 0 - 10 years exp. (50 salaries)	₹1.1 L/yr - ₹9 L/yr 24% more
Maruti Suzuki Mechanical Engineer Salary 1 - 10 years exp. (169 salaries)	₹1.2 L/yr - ₹10 L/yr 75% more
Godrej Industries Group Mechanical Engineer Salary 0 - 8 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 21% less
Adani Group Mechanical Engineer Salary 0 - 8 years exp. (23 salaries)	₹1 L/yr - ₹9.2 L/yr 28% more
HCLTech Mechanical Engineer Salary 1 - 6 years exp. (85 salaries)	₹2.2 L/yr - ₹10 L/yr 62% more
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ITC Mechanical Engineer Salary 0 - 9 years exp. (36 salaries)	₹1.8 L/yr - ₹9.6 L/yr 36% more
Aditya Birla Group Mechanical Engineer Salary 0 - 11 years exp. (35 salaries)	₹1 L/yr - ₹8 L/yr 24% more
Hindustan Unilever Mechanical Engineer Salary 0 - 9 years exp. (16 salaries)	₹1.3 L/yr - ₹6 L/yr 19% more
Infosys Mechanical Engineer Salary 0 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹6 L/yr 18% more
Wipro Mechanical Engineer Salary 0 - 1 year exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 15% more

Mechanical Engineer salary at MNC Group ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of MNC Group.

Experience wise MNC Group Mechanical Engineer salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.2 L/yr

Similar Designation salaries in MNC Group

Electrical Engineer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Senior Engineer Salary

(3 salaries)

₹6 L/yr - ₹11 L/yr

Service Engineer Salary

(3 salaries)

₹18 L/yr - ₹30 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Junior Engineer Salary

(4 salaries)

₹2.1 L/yr - ₹5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Project Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹8.3 L/yr

Salary related reviews for MNC Group

4.0

Rated by 4 employees for salary & benefits

UI Designer in Noida

Part Time

UX, Design & Architecture Department

4.0

• posted on 20 Aug 2024

4.0

for Salary and Benefits

Likes

...diverse workforce in MNCs can lead to a more inclusive and dynamic work culture. Competitive Benefits: Many MNCs offer attractive compensation packages, including health benefits, retirement plans, and other perks.

Salary - Good

+3 more

Dislikes

While there are many benefits to working at multinational corporations (MNCs),there are also some common challenges that people might face: Bureaucracy:Large organizations often have complex structures and processes, which can slow down decision-making and innovation. Work-Life Balance:The demands of working in a global environment, including different time zones and extensive travel,can sometimes impact work-life balance.

Java Developer in Bangalore / Bengaluru

Engineering - Software & QA Department

3.0

• posted on 02 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and Company policies are good.

Salary - Excellent

+6 more

Dislikes

Company 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.

IT (Data Analytics) in India,new Delhi

Department Of Education Department

3.0

• posted on 23 Mar 2021

4.0

for Salary and Benefits

Likes

Because MNCs group one of my favourite and company policies are good and good salary and bonus every year,and it's wonderful environment & culture.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow.on the job training is not given to new joines.

Accountant in Bangalore Rural

Finance & Accounting Department

1.0

• posted on 20 Mar 2021

5.0

for Salary and Benefits

Likes

Because MNC group one of my favourite and company policies are good and good salary and bonus every year, and it's a wonderful environment & culture.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joines

Back End Executive in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Nov 2023

5.0

for Salary and Benefits

Likes

In large firms, roles and responsibilities in teams are very clearly demarcated and usually, you would be assigned to a single task within a project. This could easily become your routine that could last for years.

Salary - Excellent

+6 more

Dislikes

Working with an MNC there is no 9-5 business. Work load might warrant you to spend 12 hours at work and only few hours with your family at home. This is sure to deflate you to a large extent though a hefty paycheque at the end of every month may excite you completely. It's just not about what you do.

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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MNC Group Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at MNC Group ?

The average salary of a Mechanical Engineer at MNC Group in India typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Mechanical Engineer at MNC Group earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Mechanical Engineer Salaries at MNC Group 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 MNC Group employees in India.

What is the estimated take home salary of a Mechanical Engineer at MNC Group in India?

The estimated take-home salary of a Mechanical Engineer at MNC Group in India typically ranges from ₹25,852 to ₹27,278 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 MNC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MNC Group for Mechanical Engineer in India?

Maruti Suzuki	₹1.2 Lakhs to ₹10.0 Lakhs per year
Reliance Industries	₹1.7 Lakhs to ₹9.9 Lakhs per year
Larsen & Toubro Limited	₹1.8 Lakhs to ₹10.7 Lakhs per year
HCLTech	₹2.2 Lakhs to ₹10.0 Lakhs per year
Tata Group	₹1.8 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to MNC Group in India?

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

ITC	₹1.8 Lakhs to ₹9.6 Lakhs per year
Bajaj Auto	₹1.2 Lakhs to ₹9.6 Lakhs per year
Adani Group	₹1.0 Lakhs to ₹9.2 Lakhs per year
Aditya Birla Group	₹1.0 Lakhs to ₹8.0 Lakhs per year
Hero MotoCorp	₹1.1 Lakhs to ₹9.0 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 Mechanical Engineer at MNC Group in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.0 Lakhs per year
1 year	₹3.1 Lakhs to ₹5.7 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.9 Lakhs per year

and so on.

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MNC Group Mechanical Engineer Salaries

MNC Group Mechanical Engineer salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MNC Group latest salaries received from various employees of MNC Group.