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MSP Steel & Power Senior Engineer Mechanical salaries in India

Annual salary range
4 - 11 years exp.
₹4 Lakhs - ₹6.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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35% less than the average Senior Engineer Mechanical Salary in Iron & Steel Companies for 4 - 11 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Senior Engineer Mechanical Salary
5 - 7 years exp. (3 salaries)
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₹4.9 L/yr - ₹5.9 L/yr

Project & Program Management
Senior Engineer Mechanical Salary
11 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Construction & Site Engineering
Senior Engineer Mechanical Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 30 Dec 2023

Companies similar to MSP Steel & Power for Senior Engineer Mechanical

Company name Avg Annual Salary Open Jobs
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JSW Steel Senior Engineer Mechanical Salary

5 - 12 years exp. (34 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 3% more
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ESL Steel Senior Engineer Mechanical Salary

4 - 11 years exp. (14 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 18% more
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₹5.7 L/yr - ₹8 L/yr

arrow icon 22% more
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Electrotherm Senior Engineer Mechanical Salary

4 - 15 years exp. (14 salaries)

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₹3.4 L/yr - ₹5.4 L/yr

arrow icon 13% less
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Tata Steel Senior Engineer Mechanical Salary

3 - 20 years exp. (11 salaries)

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₹4.3 L/yr - ₹11 L/yr

arrow icon 43% more
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₹3 L/yr - ₹7.4 L/yr

arrow icon 5% more
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₹6 L/yr - ₹8 L/yr

arrow icon 27% more
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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 18% more
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₹4.8 L/yr - ₹7 L/yr

arrow icon 5% more
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Jindal Saw Senior Engineer Mechanical Salary

3 - 9 years exp. (5 salaries)

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₹4.3 L/yr - ₹7 L/yr

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₹2.4 L/yr - ₹4.3 L/yr

arrow icon 34% less
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₹3.5 L/yr - ₹5 L/yr

arrow icon 26% less
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Bmm Ispat Senior Engineer Mechanical Salary

6 - 8 years exp. (3 salaries)

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₹5.4 L/yr - ₹6 L/yr

arrow icon 3% more
Senior Engineer Mechanical salary at MSP Steel & Power ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of MSP Steel & Power.

Latest annual salaries shared by MSP Steel & Power Senior Engineer Mechanical

1y ago
₹5.7 Lakhs
10 years exp.
1y ago
₹4 Lakhs
4 years exp.
1y ago
₹6.5 Lakhs
11 years exp.
1y ago
₹5.4 Lakhs
7 years exp.
1y ago
₹5.4 Lakhs
5 years exp.
1y ago
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6 years exp.

Experience wise MSP Steel & Power Senior Engineer Mechanical salaries

Last Updated: 30 Dec 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in MSP Steel & Power

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₹2 L/yr - ₹4.8 L/yr
Junior Engineer Salary
(16 salaries)
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₹2 L/yr - ₹3.06 L/yr
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₹3.3 L/yr - ₹5.1 L/yr
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₹1.45 L/yr - ₹3 L/yr
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₹2.5 L/yr - ₹5.7 L/yr
Shift Incharge Salary
(8 salaries)
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₹1.8 L/yr - ₹7.1 L/yr
QC Chemist Salary
(7 salaries)
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₹2.52 L/yr - ₹3 L/yr
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₹3.65 L/yr - ₹5.2 L/yr
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₹2.5 L/yr - ₹3.6 L/yr
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₹2.9 L/yr - ₹4.5 L/yr

Salary related reviews for MSP Steel & Power

4.3

Rated by 5 employees for salary & benefits

Production, Manufacturing & Engineering Department

4.0
  •  posted on 28 May 2021

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

  • Skill development - Good
  • +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. There is a bond of 2 years before which you cannot resign

read more

Full Time

 · 

Other Department

2.0
  •  posted on 27 Nov 2023

2.0
 for  Salary and Benefits

Likes

.timely payment of salary

  • Job security - Good

Dislikes

...astructure for civil Department with lack of resources and improper management. the basic pay comes on month start and the variable pay comes on month end which is not shown in pay slip

read more
  • Salary - Poor
  • +2 more

Finance & Accounting Department

4.0
  •  posted on 24 Jun 2019

5.0
 for  Salary and Benefits

Likes

Good infrastructure and technology, Good and friendly atmosphere for working and employees can get good benefit thru working with this company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Some irritating teammates, lack of professional training, not so good hike in salary.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 27 Feb 2025

3.0
 for  Salary and Benefits

Likes

If you are a fresher, there are many things to learn from every department, all heads of all department are cooperative.

read more
  • Skill development - Good
  • +1 more

Dislikes

Lots of politics, salary less, work 12 hrs or more, race discrimination little bit is there but better to ignore and focus on work, get a good opportunity and run out from there.

read more

Full Time

 · 

Engineering - Hardware & Networks Department

1.0
  •  posted on 25 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

People are rude especially all the managers they treated you like slave or worse than that. There is no increment and no health benefits which is the worst one. Every year accident happen and company won't give a penny. All the managers are corrupt and canteen service is like hell they take money for each meal around Rs.55 we complain many times but they won't take any action. This company is run by apprentice students and the funny part is apprentice do overtime and you won't get any help from your managers. Especially in my case my HOD won't give confirmation and it almost 1.5 months and he don't give a shit about you. Very unprofessional person his behaviour is so bad and he don't motivate you rather than loose your confidence of doing work. Please think twice before join this company. This company is all about showoff.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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MSP Steel & Power Senior Engineer Mechanical Salary FAQs

What is the salary of Senior Engineer Mechanical at MSP Steel & Power ?
The average salary of a Senior Engineer Mechanical at MSP Steel & Power in India typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Senior Engineer Mechanical at MSP Steel & Power earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Engineer Mechanical Salaries at MSP Steel & Power 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 6 MSP Steel & Power employees in India.
What is the estimated take home salary of a Senior Engineer Mechanical at MSP Steel & Power in India?
The estimated take-home salary of a Senior Engineer Mechanical at MSP Steel & Power in India typically ranges from ₹41,110 to ₹42,258 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 salaries received from various employees of MSP Steel & Power. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MSP Steel & Power for Senior Engineer Mechanical in India?
Tata Steel ₹4.3 Lakhs to ₹11.0 Lakhs per year
APL Apollo Tubes ₹6.0 Lakhs to ₹8.0 Lakhs per year
Indian Metals & Ferro Alloys ₹5.7 Lakhs to ₹8.0 Lakhs per year
Kirloskar Ferrous Industries ₹4.8 Lakhs to ₹7.5 Lakhs per year
ESL Steel ₹5.0 Lakhs to ₹9.5 Lakhs per year

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

Uttam Value Steels ₹4.8 Lakhs to ₹7.0 Lakhs per year
Godawari Power & Ispat ₹3.0 Lakhs to ₹7.4 Lakhs per year
JSW Steel ₹4.0 Lakhs to ₹7.5 Lakhs per year
Bmm Ispat ₹5.4 Lakhs to ₹6.0 Lakhs per year
Jindal Saw ₹4.3 Lakhs to ₹7.0 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 Senior Engineer Mechanical at MSP Steel & Power in India?
The salary growth for a Senior Engineer Mechanical at MSP Steel & Power depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Mechanical can expect the following growth trajectory at MSP Steel & Power:

Experience Average Salary Range
4 years ₹4.0 Lakhs to ₹8.1 Lakhs per year
5 years ₹1.9 Lakhs to ₹5.4 Lakhs per year
6 years ₹2.0 Lakhs to ₹5.4 Lakhs per year
7 years ₹2.1 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

MSP Steel & Power Senior Engineer Mechanical salary in India ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.