Annual salary range
0 - 2 years exp.
₹7
Lakhs - ₹8.4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
6% less than the average Research and Development Product Development Engineer Salary in Auto Components Companies for 0 - 2 years of experience
Interested in this particular role?
Companies similar to MRF Tyres for Research and Development Product Development Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 TE Connectivity Research and Development Product Development Engineer Salary
1 - 9 years exp. (88 salaries) |  ₹5.1 L/yr - ₹17.2 L/yr 
28%
more | |
Login to view exact salary
| ||
 Hanon Systems Research and Development Product Development Engineer Salary
0 - 3 years exp. (3 salaries) | ₹1.8 L/yr - ₹2.1 L/yr 
73%
less | |
Research and Development Product Development Engineer salary at MRF Tyres ranges between ₹7
Lakhs
to ₹8.4
Lakhs
per year for employees with less than 1 year of experience to 2 years. Salary
estimates are based on
4 latest salaries received
from various employees of MRF Tyres.
Experience wise MRF Tyres Research and Development Product Development Engineer salaries
Last Updated: 13 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹7
L/yr
- ₹7
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹7
L/yr
- ₹8.4
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹8.4
L/yr
- ₹8.4
L/yr
|
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2w (edited)
peacemaker
·
works at
Georgia-Pacific
New offer. Confused.
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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MRF Tyres Research and Development Product Development Engineer Salary FAQs
What is the salary of Research and Development Product Development Engineer at MRF Tyres ?
The average salary of a Research and Development Product Development Engineer at MRF Tyres in India typically ranges from ₹7.0 Lakhs to ₹8.4 Lakhs per year, depending on experience (from Fresher to 2 years).
The top 10% of Research and Development Product Development Engineer at MRF Tyres earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Research and Development Product Development Engineer Salaries at MRF Tyres 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 MRF Tyres employees in India.
The top 10% of Research and Development Product Development Engineer at MRF Tyres earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Research and Development Product Development Engineer Salaries at MRF Tyres 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 MRF Tyres employees in India.
What is the estimated take home salary of a Research and Development Product Development Engineer at MRF Tyres in India?
The estimated take-home salary of a Research and Development Product Development Engineer at MRF Tyres in India typically ranges from ₹55,902 to ₹57,302 per month. This is based on the average salary range of
₹7.0 Lakhs to ₹8.4 Lakhs
per year for employees with experience ranging from Fresher to 2 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 MRF Tyres. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MRF Tyres for Research and Development Product Development Engineer in India?
| TE Connectivity | ₹5.1 Lakhs to ₹17.2 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by MRF Tyres, depending on the role and experience level.
What is the salary of a Research and Development Product Development Engineer in companies similar to MRF Tyres in India?
The salary of a Research and Development Product Development Engineer at companies similar to MRF Tyres in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Hanon Systems | ₹1.8 Lakhs to ₹2.1 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 Research and Development Product Development Engineer at MRF Tyres in India?
The salary growth for a Research and Development Product Development Engineer at MRF Tyres depends on factors such as experience, performance, and promotions. On average, a Research and Development Product Development Engineer can expect the following growth trajectory at MRF Tyres:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹7.0 Lakhs to ₹7.0 Lakhs per year |
| 1 year | ₹7.0 Lakhs to ₹8.4 Lakhs per year |
| 2 years | ₹8.4 Lakhs to ₹8.4 Lakhs per year |
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MRF Tyres Research and Development Product Development Engineer salary
in
India
ranges between ₹7
Lakhs to ₹8.4
Lakhs with an average annual salary of
₹
. Salary estimates are based on
4
MRF Tyres latest salaries received from various employees of
MRF Tyres.