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Modern Steels Electrical Engineer salaries in India

Annual salary range
8 - 12 years exp.
₹3.4 Lakhs - ₹4.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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15% less than the average Electrical Engineer Salary in Iron & Steel Companies for 8 - 12 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Modern Steels for Electrical Engineer

Company name Avg Annual Salary Open Jobs
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Jai Balaji Group Electrical Engineer Salary

1 - 9 years exp. (64 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 22% less
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Electrotherm Electrical Engineer Salary

2 - 7 years exp. (55 salaries)

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₹2.4 L/yr - ₹5 L/yr

At par
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Aarti Steels Electrical Engineer Salary

1 - 8 years exp. (32 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 11% more
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₹3 L/yr - ₹5.4 L/yr

At par
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Bmm Ispat Electrical Engineer Salary

1 - 6 years exp. (20 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 9% less
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MSP Steel & Power Electrical Engineer Salary

4 - 10 years exp. (16 salaries)

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₹3.3 L/yr - ₹5.1 L/yr

arrow icon 6% more
1 job opening
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₹2.3 L/yr - ₹4.8 L/yr

arrow icon 1% less
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SMC Power Generation Electrical Engineer Salary

0 - 11 years exp. (15 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 3% less
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MM Forgings Electrical Engineer Salary

3 - 12 years exp. (12 salaries)

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₹1.8 L/yr - ₹5.8 L/yr

arrow icon 20% less
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₹2.4 L/yr - ₹4 L/yr

arrow icon 22% less
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ISMT Electrical Engineer Salary

1 - 6 years exp. (10 salaries)

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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 11% less
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KIC Metaliks Electrical Engineer Salary

2 - 12 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 45% less
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Bharat Wire Ropes Electrical Engineer Salary

2 - 12 years exp. (7 salaries)

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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 15% less
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₹3.9 L/yr - ₹6.3 L/yr

arrow icon 41% more
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₹2.5 L/yr - ₹7 L/yr

arrow icon 12% less
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NELCAST Electrical Engineer Salary

4 - 7 years exp. (6 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 6% less
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Mukand Limited Electrical Engineer Salary

3 - 12 years exp. (6 salaries)

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₹2.9 L/yr - ₹7.6 L/yr

arrow icon 26% more
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BMW Industries Electrical Engineer Salary

4 - 7 years exp. (5 salaries)

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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 9% less
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Sathavahana Ispat Electrical Engineer Salary

4 - 12 years exp. (5 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 23% less
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Usha Martin Electrical Engineer Salary

2 - 15 years exp. (5 salaries)

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₹2.7 L/yr - ₹6.5 L/yr

arrow icon 22% more
View all
Electrical Engineer salary at Modern Steels ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels.

Latest annual salaries shared by Modern Steels Electrical Engineer

1y ago
₹4 Lakhs
12 years exp.
1y ago
₹4.4 Lakhs
8 years exp.
1y ago
₹3.4 Lakhs
8 years exp.
1y ago
₹4 Lakhs
10 years exp.

Experience wise Modern Steels Electrical Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)

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

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Modern Steels

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₹4 L/yr - ₹6.1 L/yr
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₹3.25 L/yr - ₹7 L/yr
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₹1.5 L/yr - ₹2.6 L/yr
Assistant Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Electrician Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
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₹22 L/yr - ₹40 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Supervisor Salary
(4 salaries)
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₹1.4 L/yr - ₹5 L/yr

Salary related reviews for Modern Steels

3.3

Rated by 3 employees for salary & benefits

Procurement & Supply Chain Department

2.0
  •  posted on 05 Sep 2018

1.0
 for  Salary and Benefits

Likes

Working in Modern Steels, you will find job security, healthy team environment and fine balance between work and life.

  • Job security - Good
  • +1 more

Dislikes

Compensation if good only for higher designations and terrible for middle and lower designations. No on job training, extremely low increments, no career growth.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Modern Steels Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at Modern Steels ?
The average salary of a Electrical Engineer at Modern Steels in India typically ranges from ₹3.4 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Electrical Engineer at Modern Steels earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Electrical Engineer Salaries at Modern Steels 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 Modern Steels employees in India.
What is the estimated take home salary of a Electrical Engineer at Modern Steels in India?
The estimated take-home salary of a Electrical Engineer at Modern Steels in India typically ranges from ₹29,166 to ₹30,542 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 8 years to 12 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 Modern Steels. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Modern Steels for Electrical Engineer in India?
Vardhman Special Steels ₹3.9 Lakhs to ₹6.3 Lakhs per year
Mukand Limited ₹2.9 Lakhs to ₹7.6 Lakhs per year
Usha Martin ₹2.7 Lakhs to ₹6.5 Lakhs per year
Rajratan Global Wire ₹4.0 Lakhs to ₹6.0 Lakhs per year
Aarti Steels ₹2.4 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Modern Steels, depending on the role and experience level.
What is the salary of a Electrical Engineer in companies similar to Modern Steels in India?
The salary of a Electrical Engineer at companies similar to Modern Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MSP Steel & Power ₹3.3 Lakhs to ₹5.1 Lakhs per year
Electrotherm ₹2.4 Lakhs to ₹5.0 Lakhs per year
Ratnamani Metals and Tubes ₹3.0 Lakhs to ₹5.4 Lakhs per year
Kirloskar Ferrous Industries ₹2.3 Lakhs to ₹4.8 Lakhs per year
SMC Power Generation ₹2.4 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 Electrical Engineer at Modern Steels in India?
The salary growth for a Electrical Engineer at Modern Steels depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at Modern Steels:

Experience Average Salary Range
8 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
9 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
10 years ₹3.6 Lakhs to ₹4.5 Lakhs per year
11 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Modern Steels Electrical Engineer salary in India ranges between ₹3.4 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Modern Steels latest salaries received from various employees of Modern Steels.