MTU Pune Principal Engineer Salaries by 10+ Employees (Updated 2025)

10 - 15 years exp.

₹12.9 Lakhs - ₹21 Lakhs

Salary of majority employees

37% less than the average Principal Engineer Salary for 10 - 15 years of experience

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Salaries in different departments

Research & Development Principal Engineer Salary 10 - 13 years exp. (7 salaries)	₹12.9 L/yr - ₹20.5 L/yr
Engineering - Software & QA Principal Engineer Salary 10 - 15 years exp. (3 salaries)	₹17 L/yr - ₹20.2 L/yr
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Production, Manufacturing & Engineering Principal Engineer Salary 11 - 13 years exp. (3 salaries)	₹15.6 L/yr - ₹20 L/yr

Last Updated: 23 Jan 2025

Companies similar to MTU for Principal Engineer in Pune

MTU Principal Engineer Salary

10 - 15 years exp. (16 salaries)

₹12.9 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro Principal Engineer Salary 13 - 20 years exp. (3 salaries)	₹26.3 L/yr - ₹44.6 L/yr 76% more
HARMAN Principal Engineer Salary 9 - 15 years exp. (44 salaries)	₹13.5 L/yr - ₹42 L/yr 61% more	2 job openings
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Giesecke & Devrient Principal Engineer Salary 12 - 22 years exp. (40 salaries)	₹17.5 L/yr - ₹41 L/yr 40% more
Wissen Technology Principal Engineer Salary 7 - 11 years exp. (36 salaries)	₹17 L/yr - ₹37.1 L/yr 54% more
Marsh McLennan Principal Engineer Salary 3 - 10 years exp. (30 salaries)	₹11.7 L/yr - ₹25 L/yr 10% less

Principal Engineer salary at MTU ranges between ₹12.9 Lakhs to ₹21 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 16 latest salaries received from various employees of MTU.

Experience wise MTU Principal Engineer salaries in Pune

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹12.9 L/yr - ₹33.4 L/yr
11 years (5 salaries)	₹14 L/yr - ₹34 L/yr
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12 years (4 salaries)	₹15.9 L/yr - ₹21 L/yr
13 years (3 salaries)	₹14.5 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
15+ years (AmbitionBox Estimate)	₹17 L/yr - ₹36.4 L/yr

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Similar Designation salaries in MTU

Senior Engineer Salary

(13 salaries)

₹7.5 L/yr - ₹18.88 L/yr

Technical Lead Salary

(6 salaries)

₹20 L/yr - ₹25 L/yr

Salary related reviews for MTU

System Administrator in Pune

Full Time

IT & Information Security Department

5.0

• posted on 14 Jul 2024

5.0

for Salary and Benefits

Likes

It was good experience with IT team and overall MTU India.

Salary - Excellent

+3 more

Dislikes

...ayroll of that company MtU India then its good for you and also having benifits. But mostly they hire contract basis so its not secure and less salary and benifits. Overall work culture is good and same fir everyone.

Skill development - Bad

+1 more

Service Engineer in Korba

Full Time

Mining Department

2.0

• posted on 24 Dec 2022

4.0

for Salary and Benefits

Likes

As a company MTU is very good, it's policies employee benifits and development plan is very good

Salary - Good

+1 more

Dislikes

The worst thing that I faced or u can say it's my bad luck that got opportunity to work under manager like hike out of courtesy am not mentioning his name

Skill development - Poor

+2 more

Analyst in Pune

Contractual

Research & Development Department

1.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

Free Food, work ambience

Dislikes

Discrimination between contract employees and direct payroll employees. WFH policy work differently for contract and direct payroll employees. No appreciation of work, just bossing. No trainings given. No satisfaction of work

Skill development - Poor

+5 more

Divisional Manager Defence Business in New Delhi

Administration & Facilities Department

3.0

• posted on 10 Dec 2018

4.0

for Salary and Benefits

Likes

Job content was interesting as it involved working on Defence land systems. It was challenging because of the close interaction needed with the MoD, GoI.

Salary - Good

+2 more

Dislikes

Management lacked working knowledge of Army ethos & Defence land systems development process & procedures. Yet it failed to acknowledge & make use of the domain expertise brought to them from my Army experience.

Work satisfaction - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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MTU Principal Engineer Salary FAQs

What is the salary of Principal Engineer at MTU Pune?

Principal Engineer salary at MTU in Pune ranges between ₹12.9 Lakhs to ₹21.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 37% less than the average Principal Engineer Salary in India. Salary estimates are based on 16 latest salaries received from various employees of MTU Pune.

How does the salary of a Principal Engineer at MTU Pune compare with the average salary range for this job?

The average salary of a Principal Engineer at MTU is 37% less than the average salary of a Principal Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than MTU to a Principal Engineer in Pune?

Wipro Principal Engineer Salary - ₹26.3 Lakhs to ₹44.6 Lakhs per year
HARMAN Principal Engineer Salary - ₹13.5 Lakhs to ₹42.0 Lakhs per year
Wissen Technology Principal Engineer Salary - ₹17.0 Lakhs to ₹37.1 Lakhs per year
Giesecke & Devrient Principal Engineer Salary - ₹17.5 Lakhs to ₹41.0 Lakhs per year

What is the salary of a Principal Engineer in companies similar to MTU in Pune?

Marsh McLennan Principal Engineer Salary - ₹11.7 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Principal Engineer at MTU in Pune?

The estimated take-home salary of a Principal Engineer at MTU ranges between ₹1,28,529 per month to ₹1,32,921 per month in Pune. The take-home salary calculation is based on the average MTU Principal Engineer salary in India which ranges between ₹12.9 Lakhs to ₹21.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at MTU in Pune?

According to AmbitionBox, 100% of the MTU Principal Engineers in Pune reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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MTU Principal Engineer Salaries in Pune

MTU Principal Engineer salary in Pune ranges between ₹12.9 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 MTU latest salaries received from various employees of MTU.