Otis Elevator Mumbai Installation Engineer Salaries by 6 Employees

3 - 11 years exp.

₹3.5 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

30% more than the average Installation Engineer Salary in Consumer Electronics & Appliances Companies for 3 - 11 years of experience

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Salaries in different departments

Construction & Site Engineering Installation Engineer Salary 3 - 11 years exp. (4 salaries)	₹3.5 L/yr - ₹7.9 L/yr
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Project & Program Management Installation Engineer Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.5 L/yr

Last Updated: 17 Mar 2023

Companies similar to Otis Elevator for Installation Engineer in Mumbai

Otis Elevator Installation Engineer Salary

3 - 11 years exp. (6 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharti Airtel Installation Engineer Salary 1 - 6 years exp. (17 salaries)	₹2.4 L/yr - ₹4.3 L/yr 37% less
Arihant Industrial Corporation Installation Engineer Salary 3 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹3.7 L/yr 28% less
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KONE Installation Engineer Salary 2 - 10 years exp. (7 salaries)	₹3 L/yr - ₹7.5 L/yr 6% more	1 job opening
Alstom Transportation Installation Engineer Salary 4 - 9 years exp. (6 salaries)	₹9 L/yr - ₹12 L/yr 104% more
Sundaram Technologies Installation Engineer Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 53% less

Installation Engineer salary at Otis Elevator ranges between ₹3.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Installation Engineer salaries in Mumbai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Otis Elevator

Service Engineer Salary

(6 salaries)

₹3.64 L/yr - ₹7.6 L/yr

Salary related reviews for Otis Elevator

Service Engineer in Sonipat

H.k Department

5.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Service Engineer

Production, Manufacturing & Engineering Department

1.0

• posted on 27 Sep 2019

1.0

for Salary and Benefits

Likes

No salary problem.

Dislikes

...idn’t provide technical classes.totally 2 years of my life time waste.but every month salary will come but learning is zero.

Salary - Bad

+6 more

Finance Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Dec 2023

2.0

for Salary and Benefits

Likes

There's nothing that I like in OTIS, I'm just grateful for learning the utmost life lessons for personal growth

Dislikes

...lity Rating in terms of your relationship with the lead rather than performance Lot of Personal reference and salary discrimination Toxic work environment

Salary - Poor

+5 more

Asst Finance Supp in Bangalore / Bengaluru

Full Time

Other Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

...nce but when it comes to promotions this this not a company you are looking for. The company provides good salary but appraisal are also average, the only down point is the personal growth

Skill development - Good

+3 more

Dislikes

No promotions.

Promotions - Bad

ITI Electrician, Electrical Maintenance in New Delhi

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

I am doing work in Otis elevator company in similarly work and repair and maintenance and installation.

Dislikes

Just time doing work in Otis elevator company in third party sub contractor pay so I want doing work in properly join duty in Otis elevator company not pay third party sub contractor.

Salary - Poor

+5 more

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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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Otis Elevator Installation Engineer Salary FAQs

What is the salary of Installation Engineer at Otis Elevator in Mumbai?

The average salary of a Installation Engineer at Otis Elevator in Mumbai typically ranges from ₹3.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Installation Engineer in Mumbai at Otis Elevator earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Installation Engineer Salaries at Otis Elevator 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 6 Otis Elevator employees in India.

What is the estimated take home salary of a Installation Engineer at Otis Elevator in Mumbai?

The estimated take-home salary of a Installation Engineer at Otis Elevator in Mumbai typically ranges from ₹37,895 to ₹39,092 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years to 11 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 6 salaries received from various employees of Otis Elevator. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Otis Elevator for Installation Engineer in India?

Alstom Transportation	₹9.0 Lakhs to ₹12.0 Lakhs per year
KONE	₹3.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Installation Engineer in companies similar to Otis Elevator in Mumbai?

The salary of a Installation Engineer at companies similar to Otis Elevator in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arihant Industrial Corporation	₹2.8 Lakhs to ₹3.7 Lakhs per year
Bharti Airtel	₹2.4 Lakhs to ₹4.3 Lakhs per year
Sundaram Technologies	₹2.0 Lakhs to ₹2.5 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 Installation Engineer at Otis Elevator in Mumbai?

The salary growth for a Installation Engineer at Otis Elevator in Mumbai depends on factors such as experience, performance, and promotions. On average, a Installation Engineer in Mumbai can expect the following growth trajectory at Otis Elevator:

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Otis Elevator Installation Engineer Salaries in Mumbai

Otis Elevator Installation Engineer salary in Mumbai ranges between ₹3.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Otis Elevator latest salaries received from various employees of Otis Elevator.