Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary14% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 3 - 19 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
Mechanical Engineer Salary
3 - 19
years
exp.
(7
salaries)
|  ₹3 L/yr - ₹5.5 L/yr |
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| |
Construction & Site Engineering
Mechanical Engineer Salary
8 - 9
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹5.4 L/yr |
Companies similar to Ocl Iron & Steel for Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Steel Mechanical Engineer Salary
0 - 10 years exp. (362 salaries) | ₹1.2 L/yr - ₹9.1 L/yr 
12%
more | |
 JSW Steel Mechanical Engineer Salary
0 - 14 years exp. (194 salaries) | ₹1.7 L/yr - ₹10.1 L/yr
36%
more | |
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| ||
 Jindal Stainless Mechanical Engineer Salary
2 - 12 years exp. (47 salaries) | ₹2.5 L/yr - ₹8 L/yr
27%
more | |
 Jai Balaji Group Mechanical Engineer Salary
2 - 8 years exp. (43 salaries) | ₹1.8 L/yr - ₹6.1 L/yr 
8%
less | |
 Electrotherm Mechanical Engineer Salary
1 - 8 years exp. (39 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
6%
less | |
 Jindal Saw Mechanical Engineer Salary
0 - 12 years exp. (35 salaries) | ₹2 L/yr - ₹8.5 L/yr
7%
less | |
 Bmm Ispat Mechanical Engineer Salary
1 - 8 years exp. (30 salaries) | ₹2.5 L/yr - ₹4.1 L/yr
8%
less | |
 ESL Steel Mechanical Engineer Salary
4 - 14 years exp. (25 salaries) | ₹3.6 L/yr - ₹9 L/yr
65%
more | |
 Jayaswal Neco Industries Mechanical Engineer Salary
1 - 7 years exp. (24 salaries) | ₹2.1 L/yr - ₹5 L/yr
21%
less | |
 Aarti Steels Mechanical Engineer Salary
0 - 9 years exp. (19 salaries) | ₹2.4 L/yr - ₹7 L/yr
6%
less | |
 Ratnamani Metals and Tubes Mechanical Engineer Salary
1 - 8 years exp. (18 salaries) | ₹2.4 L/yr - ₹4.6 L/yr
13%
less | |
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| ||
 MSP Steel & Power Mechanical Engineer Salary
3 - 8 years exp. (14 salaries) | ₹2.5 L/yr - ₹5.7 L/yr
10%
more | |
 Usha Martin Mechanical Engineer Salary
2 - 10 years exp. (14 salaries) | ₹2 L/yr - ₹6 L/yr
4%
more | |
 Kirloskar Ferrous Industries Mechanical Engineer Salary
0 - 9 years exp. (12 salaries) | ₹1.8 L/yr - ₹6.3 L/yr
22%
more | |
 Vizag Steel Mechanical Engineer Salary
0 - 7 years exp. (12 salaries) | ₹1 L/yr - ₹6.5 L/yr
10%
less | |
 ISMT Mechanical Engineer Salary
1 - 32 years exp. (11 salaries) | ₹1.9 L/yr - ₹8 L/yr
5%
more | |
 MM Forgings Mechanical Engineer Salary
4 - 13 years exp. (9 salaries) | ₹2 L/yr - ₹4.8 L/yr
20%
less | |
 Kamachi Group Mechanical Engineer Salary
1 - 6 years exp. (9 salaries) | ₹2.4 L/yr - ₹3 L/yr
35%
less | |
 Indian Metals & Ferro Alloys Mechanical Engineer Salary
3 - 15 years exp. (7 salaries) | ₹3 L/yr - ₹9 L/yr
28%
more | |
 Salasar Techno Engineering Mechanical Engineer Salary
3 - 9 years exp. (7 salaries) | ₹1.8 L/yr - ₹5 L/yr
15%
less | |
Latest annual salaries shared by Ocl Iron & Steel Mechanical Engineer
Experience wise Ocl Iron & Steel Mechanical Engineer salaries
Last Updated: 24 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹6.3
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4.1
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹4.2
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹6.7
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4.8
L/yr
|
Similar Designation salaries in Ocl Iron & Steel
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Ocl Iron & Steel Mechanical Engineer Salary FAQs
The top 10% of Mechanical Engineer at Ocl Iron & Steel earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Mechanical Engineer Salaries at Ocl Iron & Steel 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 9 Ocl Iron & Steel employees in India.
| ESL Steel | ₹3.6 Lakhs to ₹9.0 Lakhs per year |
| JSW Steel | ₹1.7 Lakhs to ₹10.1 Lakhs per year |
| Steel Authority Of India | ₹2.1 Lakhs to ₹9.8 Lakhs per year |
| Indian Metals & Ferro Alloys | ₹3.0 Lakhs to ₹9.0 Lakhs per year |
| Jindal Stainless | ₹2.5 Lakhs to ₹8.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Ocl Iron & Steel, depending on the role and experience level.
| Kirloskar Ferrous Industries | ₹1.8 Lakhs to ₹6.3 Lakhs per year |
| Tata Steel | ₹1.2 Lakhs to ₹9.1 Lakhs per year |
| MSP Steel & Power | ₹2.5 Lakhs to ₹5.7 Lakhs per year |
| ISMT | ₹1.9 Lakhs to ₹8.0 Lakhs per year |
| Usha Martin | ₹2.0 Lakhs to ₹6.0 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.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹3.0 Lakhs to ₹6.3 Lakhs per year |
| 4 years | ₹3.2 Lakhs to ₹4.1 Lakhs per year |
| 5 years | ₹3.3 Lakhs to ₹4.2 Lakhs per year |
| 6 years | ₹3.0 Lakhs to ₹6.7 Lakhs per year |
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Ocl Iron & Steel Mechanical Engineer salary
in
India
ranges between ₹3
Lakhs to ₹5.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
9
Ocl Iron & Steel latest salaries received from various employees of
Ocl Iron & Steel.