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Mutual Engineering Salaries in Mumbai (Updated 2025)

based on 123 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Research & Development Finance & Accounting Project & Program Management + 2 more
Designation Avg Annual Salary Open Jobs
4 - 8 years exp. · Mumbai (7 salaries)
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₹4.6 L/yr - ₹8 L/yr

3 - 6 years exp. · Mumbai (6 salaries)
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₹2.8 L/yr - ₹4.5 L/yr

10 - 14 years exp. · Mumbai (4 salaries)
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₹32.6 L/yr - ₹38 L/yr

2 - 5 years exp. · Mumbai (4 salaries)
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₹3.1 L/yr - ₹4 L/yr

Starting your career? Discover Mutual Engineering fresher salaries in India
3 - 9 years exp. · Mumbai (4 salaries)
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₹3.5 L/yr - ₹6.8 L/yr

3 - 6 years exp. · Mumbai (4 salaries)
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₹2.3 L/yr - ₹3.8 L/yr

3 - 4 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹3.5 L/yr

9 - 12 years exp. · Mumbai (3 salaries)
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₹7 L/yr - ₹10.5 L/yr

12 - 14 years exp. · Mumbai (3 salaries)
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₹11 L/yr - ₹13.3 L/yr

3 - 5 years exp. · Mumbai (3 salaries)
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₹2.7 L/yr - ₹3.5 L/yr

11 - 18 years exp. · Mumbai (3 salaries)
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₹8 L/yr - ₹15.5 L/yr

3 - 6 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹6 L/yr

14 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

0 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

10 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.3 L/yr - ₹11.8 L/yr

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

0 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

12 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.9 L/yr - ₹11.4 L/yr

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Last Updated: 14 Mar, 2025

Salary related reviews for Mutual Engineering

3.3

Rated by 8 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 17 Apr 2023

2.0
 for  Salary and Benefits

Likes

...has a good vision to develop his employees as he doesnt like to come in to work. He like when his employees take on more responsibility but doesnt pay them for it when it comes to promotion. Job is secured as he will never fire anyone as he is never in office.

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  • Skill development - Good
  • +1 more

Dislikes

This company is not concerned about the safety of their employees. If any HR initiative has been taken to ensure proper standards of safety are addressed, he rejects any idea that cost money even if it mean safety helmet worth 2lacs. But he doesn't mind spending 10lacs on a international vacation on only flight ticket. Promotion is 8% hike with a 50% added responsibility. The Plant head is an arrogant, unruly , disrespectful man...who thinks he is the smartest person in the room all the time.

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  • Salary - Poor
  • +3 more

Research & Development Department

3.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

Working culture is good, job security its depend upon employee behavior. Company policies are not good.

Dislikes

Company policies are not employees supports. All policies are only for company growth. Yearly increament is not as per performance.

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  • Salary - Bad
  • +5 more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 30 Sep 2020

3.0
 for  Salary and Benefits

Likes

It's good to work here, during lock down management initiated to work from home being an engineering industry. And friendly working condition with all subordinate and even with the seniors. The every individual is interested to share knowledge to one another. Basically good platform to work and give your best.

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  • Job security - Good
  • +2 more

Dislikes

Self development training are missing.

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Mutual Engineering Salary FAQs

How much does Mutual Engineering pay to its employees?
The average annual salary at Mutual Engineering varies depending on the role, experience, and location. The salary ranges for some popular designations at Mutual Engineering, are as follows:

Junior Executive ₹4.6 Lakhs to ₹8 Lakhs per year
Tool Room Engineer ₹2.8 Lakhs to ₹4.5 Lakhs per year
Assistant General Manager Finance & Accounts ₹32.6 Lakhs to ₹38 Lakhs per year
Design Engineer ₹3.1 Lakhs to ₹4 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹7 Lakhs to ₹9.6 Lakhs per year. The top 10% of employees earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹36.9 Lakhs per year. Salaries at Mutual Engineering 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 salary estimates are based on data from 123 salaries submitted by Mutual Engineering employees. Mutual Engineering is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Mutual Engineering , Mumbai is INRunlock blur . Salary estimates are based on 100+ Mutual Engineering latest salaries received from various employees of Mutual Engineering.

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