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Panacea Medical Technologies Service Engineer salaries in India

Annual salary range
1 - 3 years exp.
₹3.2 Lakhs - ₹8 Lakhs
Salary of majority employees
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8% more than the average Service Engineer Salary in Medical Equipment Companies for 1 - 3 years of experience

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Last Updated: 29 Dec 2024

Companies similar to Panacea Medical Technologies for Service Engineer

Company name Avg Annual Salary Open Jobs
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Nidek Medical India Service Engineer Salary

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BL Lifesciences Service Engineer Salary

0 - 6 years exp. (9 salaries)

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Lumenis Service Engineer Salary

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Shalya Service Engineer Salary

3 - 7 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.2 L/yr

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₹2.4 L/yr - ₹12.5 L/yr

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₹2.1 L/yr - ₹3 L/yr

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Leica Microsystems Service Engineer Salary

4 - 9 years exp. (3 salaries)

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₹3 L/yr - ₹7 L/yr

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Service Engineer salary at Panacea Medical Technologies ranges between ₹3.2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Panacea Medical Technologies.

Latest annual salaries shared by Panacea Medical Technologies Service Engineer

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Experience wise Panacea Medical Technologies Service Engineer salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹8.2 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹8 L/yr

Similar Designation salaries in Panacea Medical Technologies

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₹5 L/yr - ₹9 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹3 L/yr - ₹4.6 L/yr
Senior Service Engineer Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
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₹2.5 L/yr - ₹4 L/yr
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₹2.7 L/yr - ₹4.6 L/yr
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₹4.6 L/yr - ₹8 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Technician Salary
(4 salaries)
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₹1.8 L/yr - ₹2.7 L/yr

Top skills at Panacea Medical Technologies for Service Engineer

Service Engineering Field Service Electrical Maintenance Electrical Engineering Preventive Maintenance Technical Services Maintenance Engineering Breakdown Maintenance Electrical Installation Medical Equipment Repair Panel Wiring Medical Devices Commissioning Troubleshooting

Salary related reviews for Panacea Medical Technologies

1.6

Rated by 2 employees for salary & benefits

Production, Manufacturing & Engineering Department

5.0
  •  posted on 13 Oct 2021

5.0
 for  Salary and Benefits

Likes

Panacea is the best company for medical components . There job security is good. There All employees are familiers. There are good inviornment and culture.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Language problem. Salary also good. Nothing any bond there.

Engineering - Software & QA Department

3.0
  •  posted on 10 Jun 2018

2.0
 for  Salary and Benefits

Likes

The company is open to Innovation..They used to pay heed to individual requests and greviences. Management is supportive for those who are willing to learn and improve. I loved my colleagues over here,especially alot many from Eletronics and Regulatory Department. Most of them were from different cultural background which is different from mine.i just enjoyed it.

read more

Dislikes

For any new individual it really feels very unsecure about the job because of the company's strict policies. Team work has to be encouraged. Individuals are to be left free to work integratedly with the concerned departments which would be very necessary in the project point of view. Management policies especially Leave policies that are concerned to head office employees has to be revised.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Service Department

1.0
  •  posted on 07 Aug 2021

1.0
 for  Salary and Benefits

Likes

Company is good but few peoples are like manger and support team they are only perform politics, ego, abuse language uses and low minded people in support team, company policics is good, hr is good but management is very poor.

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Dislikes

This company is only freshers candidates. Lot of politics and senior engineer is always playing politics with junior engineer not provide proper training.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 20 Jul 2023

2.0
 for  Salary and Benefits

Likes

I work for stomach, thats it

Dislikes

No appraisal, heavy pressure, no work life balance. They says 9 to 6.30 job but to be good in front of managers we have to work till 7.30. Have to work on alternate saturdays too

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 17 Jun 2023

4.0
 for  Salary and Benefits

Likes

Except for Snake Tongue People, coworkers are the greatest in panacea medical technology.

  • Salary - Good
  • +1 more

Dislikes

Management is the absolute worst. Let me explain in more detail. Management: Both directors are humane, but not in terms of work culture. The MD is so down-to-earth that he will lift items and hand them over for work.Its underlying idea is that while I, as MD, perform those tasks, my employees, whether engineers or managers, should do the same.Despite having authorised helpers, management fails at the bottom level. Once he or she has departed from his or her position, management will no longer recognise who you are or how hard you fought for the company's growth, etc. Human Resources: I'm not sure how to convey this. They have an HR document outlining how the work should be done, but the HR head has no idea what he wrote in it.By the way, it's not Human Resources in panacea, it is INHUMAN RESOURCES because of job security; without reason or explanation, your job will be lost since there are no correct work instructions; everyone, regardless of designation has to work like blackbird. There is a flexible timing for work, only for those bifurcated tongue(basically we call it as bucket people's) By the way, in the advertisement, they displayed several benefits, however there are no such benefits. Saturdays are off on alternate weekends, but....you know what I mean. Last but not least, you are always being watched. PEOPLE ARE INTERESTED IN YOUR PERSONAL MATTER RATHER THAN THE WORK. HAVE A GOOD FUTURE ENDEAVOURS FOR NEW JOINERS

read more
  • Skill development - Poor
  • +4 more
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Panacea Medical Technologies Service Engineer Salary FAQs

What is the salary of Service Engineer at Panacea Medical Technologies ?
The average salary of a Service Engineer at Panacea Medical Technologies in India typically ranges from ₹3.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Service Engineer at Panacea Medical Technologies earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Service Engineer Salaries at Panacea Medical Technologies 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 Panacea Medical Technologies employees in India.
What is the estimated take home salary of a Service Engineer at Panacea Medical Technologies in India?
The estimated take-home salary of a Service Engineer at Panacea Medical Technologies in India typically ranges from ₹34,113 to ₹35,366 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 Panacea Medical Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Service Engineer at Panacea Medical Technologies ?
To be a Service Engineer at Panacea Medical Technologies in india, the key skills required include:

  • - Service Engineering
  • - Field Service
  • - Electrical Maintenance
  • - Electrical Engineering
  • - Preventive Maintenance

These skills are highly valued at Panacea Medical Technologies and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Panacea Medical Technologies for Service Engineer in India?
Confident Dental Equipments ₹2.4 Lakhs to ₹12.5 Lakhs per year
Lumenis ₹5.5 Lakhs to ₹9.5 Lakhs per year
Leica Microsystems ₹3.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Panacea Medical Technologies, depending on the role and experience level.
What is the salary of a Service Engineer in companies similar to Panacea Medical Technologies in India?
The salary of a Service Engineer at companies similar to Panacea Medical Technologies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BL Lifesciences ₹3.0 Lakhs to ₹4.1 Lakhs per year
Arjohuntleigh Healthcare ₹2.4 Lakhs to ₹4.8 Lakhs per year
Poct Services ₹2.2 Lakhs to ₹5.8 Lakhs per year
Shalya ₹2.4 Lakhs to ₹4.2 Lakhs per year
Robonik India ₹3.0 Lakhs to ₹3.7 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 Service Engineer at Panacea Medical Technologies in India?
The salary growth for a Service Engineer at Panacea Medical Technologies depends on factors such as experience, performance, and promotions. On average, a Service Engineer can expect the following growth trajectory at Panacea Medical Technologies:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹8.2 Lakhs per year
2 years ₹4.0 Lakhs to ₹6.0 Lakhs per year
3 years ₹3.8 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Panacea Medical Technologies Service Engineer salary in India ranges between ₹3.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Panacea Medical Technologies latest salaries received from various employees of Panacea Medical Technologies.