Oswal Industries Associate Engineer Salaries by 5 Employees (Updated 2025)

3 - 8 years exp.

₹2.4 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Associate Engineer Salary in Financial Services Companies for 3 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Associate Engineer Salary 3 - 8 years exp. (3 salaries)	₹2.4 L/yr - ₹5.5 L/yr
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Research & Development Associate Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.2 L/yr

Last Updated: 2 Apr 2025

Companies similar to Oswal Industries for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Virtusa Consulting Services Associate Engineer Salary 0 - 4 years exp. (2.2k salaries)	₹2.3 L/yr - ₹6.5 L/yr 22% more
Cognizant Associate Engineer Salary 1 - 8 years exp. (1.2k salaries)	₹4.6 L/yr - ₹17 L/yr 151% more
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L&T Technology Services Associate Engineer Salary 0 - 6 years exp. (1.2k salaries)	₹2.8 L/yr - ₹6.8 L/yr 1% more
Tata Steel Associate Engineer Salary 1 - 11 years exp. (928 salaries)	₹2.1 L/yr - ₹8 L/yr 51% more
Tata Communications Associate Engineer Salary 0 - 4 years exp. (904 salaries)	₹1 L/yr - ₹5.5 L/yr 34% less

Associate Engineer salary at Oswal Industries ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Oswal Industries.

Experience wise Oswal Industries Associate Engineer salaries

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Oswal Industries

Project Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Senior Engineer Salary

(5 salaries)

₹5 L/yr - ₹7.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Oswal Industries

1.0

Rated by 1 employees for salary & benefits

Mechanical Maintenance Engineer in Ahmedabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Jan 2025

3.0

for Salary and Benefits

Likes

If you are loyal with the company, then your job is secure. Work life balance is good . Location is also nice exact beside the main road, so you will have no problem of transport communication.

Skill development - Good

+3 more

Dislikes

Salary is too low of engineer specially in maintenance department.

Planning Engineer in Ahmedabad

Full Time

Construction & Site Engineering Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

Corporate timing is good for work life balance

Work-life balance - Good

Dislikes

Company policies changes according to their needs and not proper responses from management after resigning & deducts salary without giving employee full breakup

Skill development - Poor

+4 more

Deputy Manager Quality in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 21 Jul 2023

5.0

for Salary and Benefits

Likes

...eptional performance, creating a dynamic and meritocratic work culture. Pros: 1 - Provides a competitive salary package and benefits that attract and retain skilled professionals 2- The company offers ample opportunities for career advancement and personal growth. Employees are encouraged to take on new challenges, and management supports professional development. 3- well-established market reputation known for its high-quality products and services

Salary - Excellent

+6 more

Dislikes

Specific procedures within the organization could be streamlined to foster faster decision-making and responsiveness to market changes.

Sales Executive in Ahmedabad

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 12 Jul 2023

5.0

for Salary and Benefits

Likes

...nally and professionally. strong market presence and reputation in the industry Competitive compensation and benefit packages Ample opportunities for learning and development A collaborative work environment that promotes teamwork

Salary - Excellent

+6 more

Dislikes

The company's hierarchical structure can sometimes result in slow decision-making processes

Finance Head in Ahmedabad

Full Time

Finance & Accounting Department

5.0

• posted on 14 Jul 2023

4.0

for Salary and Benefits

Likes

...n ideal workplace for anyone seeking a fulfilling career. Established Company Competitive Compensation Learning and growth opportunities Positive work environment Strong Market Presence

Salary - Good

+6 more

Dislikes

I couldn’t find any cons so far.

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Salary Discussions, Hike & Promotions

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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Oswal Industries Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Oswal Industries ?

The average salary of a Associate Engineer at Oswal Industries in India typically ranges from ₹2.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Associate Engineer at Oswal Industries earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Associate Engineer Salaries at Oswal Industries 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 Oswal Industries employees in India.

What is the estimated take home salary of a Associate Engineer at Oswal Industries in India?

The estimated take-home salary of a Associate Engineer at Oswal Industries in India typically ranges from ₹31,231 to ₹32,527 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 Oswal Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Oswal Industries for Associate Engineer in India?

Cognizant	₹4.6 Lakhs to ₹17.0 Lakhs per year
Tata Steel	₹2.1 Lakhs to ₹8.0 Lakhs per year
Virtusa Consulting Services	₹2.3 Lakhs to ₹6.5 Lakhs per year
L&T Technology Services	₹2.8 Lakhs to ₹6.8 Lakhs per year

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

What is the salary of a Associate Engineer in companies similar to Oswal Industries in India?

The salary of a Associate Engineer at companies similar to Oswal Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Communications

₹1.0 Lakhs to ₹5.5 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 Associate Engineer at Oswal Industries in India?

The salary growth for a Associate Engineer at Oswal Industries depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Oswal Industries:

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Oswal Industries Associate Engineer Salaries

Oswal Industries Associate Engineer salary in India ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Oswal Industries latest salaries received from various employees of Oswal Industries.