Munish Forge Ludhiana Quality Engineer Salaries by 4 Employees

2 - 6 years exp.

₹2.3 Lakhs - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Quality Engineer Salary for 2 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Munish Forge for Quality Engineer in Ludhiana

Munish Forge Quality Engineer Salary

2 - 6 years exp. (4 salaries)

₹2.3 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kayjay Forging Quality Engineer Salary 1 - 7 years exp. (43 salaries)	₹1.5 L/yr - ₹4.2 L/yr 12% more
Highway Industries Quality Engineer Salary 2 - 7 years exp. (42 salaries)	₹1.7 L/yr - ₹4.8 L/yr 22% more
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BajajSons Quality Engineer Salary 1 - 7 years exp. (30 salaries)	₹1.5 L/yr - ₹3.6 L/yr 10% less
Happy Forging Quality Engineer Salary 0 - 7 years exp. (28 salaries)	₹1.4 L/yr - ₹3.6 L/yr 2% less
King Export Quality Engineer Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹3.5 L/yr 8% more

Quality Engineer salary at Munish Forge ranges between ₹2.3 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Munish Forge.

Experience wise Munish Forge Quality Engineer salaries in Ludhiana

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Munish Forge

Senior Engineer Salary

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₹2 L/yr - ₹3.4 L/yr

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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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Munish Forge Quality Engineer Salary FAQs

What is the salary of Quality Engineer at Munish Forge in Ludhiana?

The average salary of a Quality Engineer at Munish Forge in Ludhiana typically ranges from ₹2.3 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Quality Engineer in Ludhiana at Munish Forge earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Quality Engineer Salaries at Munish Forge 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 Munish Forge employees in India.

What is the estimated take home salary of a Quality Engineer at Munish Forge in Ludhiana?

The estimated take-home salary of a Quality Engineer at Munish Forge in Ludhiana typically ranges from ₹19,088 to ₹20,765 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 6 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 Munish Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Munish Forge for Quality Engineer in India?

Highway Industries	₹1.7 Lakhs to ₹4.8 Lakhs per year
Kayjay Forging	₹1.5 Lakhs to ₹4.2 Lakhs per year
King Export	₹2.5 Lakhs to ₹3.5 Lakhs per year

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

What is the salary of a Quality Engineer in companies similar to Munish Forge in Ludhiana?

The salary of a Quality Engineer at companies similar to Munish Forge in Ludhiana varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Happy Forging	₹1.4 Lakhs to ₹3.6 Lakhs per year
BajajSons	₹1.5 Lakhs to ₹3.6 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 Quality Engineer at Munish Forge in Ludhiana?

The salary growth for a Quality Engineer at Munish Forge in Ludhiana depends on factors such as experience, performance, and promotions. On average, a Quality Engineer in Ludhiana can expect the following growth trajectory at Munish Forge:

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Munish Forge Quality Engineer Salaries in Ludhiana

Munish Forge Quality Engineer salary in Ludhiana ranges between ₹2.3 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Munish Forge latest salaries received from various employees of Munish Forge.