MTL Instruments Hardware Design Engineer Salaries by 5 Employees

4 - 7 years exp.

₹3.4 Lakhs - ₹7.9 Lakhs

Salary of majority employees

26% less than the average Hardware Design Engineer Salary for 4 - 7 years of experience

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Salaries in different departments

Research & Development Hardware Design Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹7.9 L/yr
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Engineering - Hardware & Networks Hardware Design Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 7 May 2023

Companies similar to MTL Instruments for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
Marelli Hardware Design Engineer Salary 2 - 6 years exp. (4 salaries)	₹5.9 L/yr - ₹17.3 L/yr 112% more
HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (262 salaries)	₹2.2 L/yr - ₹9 L/yr 20% more
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VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (135 salaries)	₹3.2 L/yr - ₹9 L/yr 5% more
L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (81 salaries)	₹4 L/yr - ₹9 L/yr 20% more
Valeo Hardware Design Engineer Salary 3 - 7 years exp. (80 salaries)	₹6 L/yr - ₹15 L/yr 106% more

Hardware Design Engineer salary at MTL Instruments ranges between ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of MTL Instruments.

Experience wise MTL Instruments Hardware Design Engineer salaries

Last Updated: 7 May 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.6 L/yr
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6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.9 L/yr

Similar Designation salaries in MTL Instruments

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹10.3 L/yr - ₹13.1 L/yr

Design Engineer Salary

(4 salaries)

₹4 L/yr - ₹9.1 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Engineer Salary

(5 salaries)

₹5.5 L/yr - ₹8.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹62.2 L/yr - ₹68.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Mechanical Design Engineer Salary

(3 salaries)

₹11 L/yr - ₹18 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

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MTL Instruments Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at MTL Instruments ?

The average salary of a Hardware Design Engineer at MTL Instruments in India typically ranges from ₹3.4 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Hardware Design Engineer at MTL Instruments earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Hardware Design Engineer Salaries at MTL Instruments 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 5 MTL Instruments employees in India.

What is the estimated take home salary of a Hardware Design Engineer at MTL Instruments in India?

The estimated take-home salary of a Hardware Design Engineer at MTL Instruments in India typically ranges from ₹38,180 to ₹39,373 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 4 years 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 5 salaries received from various employees of MTL Instruments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MTL Instruments for Hardware Design Engineer in India?

Marelli	₹5.9 Lakhs to ₹17.3 Lakhs per year
Valeo	₹6.0 Lakhs to ₹15.0 Lakhs per year
L&T Technology Services	₹4.0 Lakhs to ₹9.0 Lakhs per year
HCLTech	₹2.2 Lakhs to ₹9.0 Lakhs per year
VVDN Technologies	₹3.2 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Hardware Design Engineer at MTL Instruments in India?

The salary growth for a Hardware Design Engineer at MTL Instruments depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer can expect the following growth trajectory at MTL Instruments:

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹3.4 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.6 Lakhs per year
6 years	₹5.5 Lakhs to ₹6.3 Lakhs per year
7 years	₹2.7 Lakhs to ₹7.9 Lakhs per year

and so on.

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MTL Instruments Hardware Design Engineer Salaries

MTL Instruments Hardware Design Engineer salary in India ranges between ₹3.4 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MTL Instruments latest salaries received from various employees of MTL Instruments.