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Permanent Magnets Mechanical Maintenance Engineer salaries in India

Annual salary range
10 - 11 years exp.
₹3.4 Lakhs - ₹3.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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24% less than the average Mechanical Maintenance Engineer Salary in Metals & Mining Companies for 10 - 11 years of experience

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Last Updated: 8 Mar 2023

Companies similar to Permanent Magnets for Mechanical Maintenance Engineer

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹9.5 L/yr

arrow icon 42% more
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₹3.5 L/yr - ₹10.5 L/yr

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₹3.3 L/yr - ₹8 L/yr

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 5% more
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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 4% less
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₹1.2 L/yr - ₹5.4 L/yr

arrow icon 11% more
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₹2.4 L/yr - ₹8.9 L/yr

arrow icon 74% more
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₹2.2 L/yr - ₹5.8 L/yr

arrow icon 11% more
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₹2 L/yr - ₹4.2 L/yr

arrow icon 27% less
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 13% more
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₹4.5 L/yr - ₹8.4 L/yr

arrow icon 117% more
1 job opening
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₹3.1 L/yr - ₹3.3 L/yr

arrow icon 10% less
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₹2.2 L/yr - ₹2.4 L/yr

arrow icon 35% less
Mechanical Maintenance Engineer salary at Permanent Magnets ranges between ₹3.4 Lakhs to ₹3.8 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Permanent Magnets.

Latest annual salaries shared by Permanent Magnets Mechanical Maintenance Engineer

1y ago
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10 years exp.
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10 years exp.
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11 years exp.

Experience wise Permanent Magnets Mechanical Maintenance Engineer salaries

Last Updated: 8 Mar 2023

Experience Avg Annual Salary
10 years  (3 salaries)

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₹3.4 L/yr - ₹3.5 L/yr
11 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in Permanent Magnets

Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹3 L/yr - ₹4 L/yr
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₹4.2 L/yr - ₹6.5 L/yr
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₹2.2 L/yr - ₹6 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Permanent Magnets

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 06 Jan 2025

2.0
 for  Salary and Benefits

Likes

staff is supportive, paid leaves.. if boss is good. Work culture also good. Stressless work Timing.

  • Job security - Excellent
  • +1 more

Dislikes

Leave compensation 300rs for everyone, HR policy very bad, less basic in salary structure as break Indian Pvt company policy also. Salary as per market like bagger. Bad mgmt policy which take advantage of human sychology of worker. Promotion only 8to10%

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 06 Jan 2025

3.0
 for  Salary and Benefits

Likes

Best company for learning new skills and work ethics. Salary and promotions might not be very good but company culture is very good. Yoh will get to learn a lot as this company does almost all of its projects in house. If you are at the early stage of your career then just go for it.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Salary and promotions might not be very good.

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 21 Apr 2023

3.0
 for  Salary and Benefits

Likes

1. On time salary 2. Good team and senior support 3. Mediclaim facilities 4. Transportation services 5. Good learning opportunities(interpersonal skill development) 6. Getting lot of new opportunities.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

1. Salary 2. Appraisals

HR Department

5.0
  •  posted on 22 Dec 2021

5.0
 for  Salary and Benefits

Likes

...here. For performers, the job is always secured at Permanent Magnets Limited. No employee lost his job in this pandemic or had a pay cut. Traveling reimbursement was completely taken care of during the pandemic.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nil

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Oct 2023

4.0
 for  Salary and Benefits

Likes

I have been working at this company since past 10 years and its fantastic journey so far.The positive working culture,supportive staff,and excellent environment.its a great place to work. We get lots of benefits of being part of this company is like PF ,Medical insurance ,travelling facilities. In addition we enjoyed yearly picnic ,get together-party and many more small event . The company prioritizes the well being and happiness of its employees.

read more
  • Salary - Good
  • +5 more

Dislikes

There is no such a perfect company as well as employee itself to fulfill each others countless choices ,but we have to select some most important criteria when selecting of the company that we choose for work.

read more
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Permanent Magnets Mechanical Maintenance Engineer Salary FAQs

What is the salary of Mechanical Maintenance Engineer at Permanent Magnets ?
The average salary of a Mechanical Maintenance Engineer at Permanent Magnets in India typically ranges from ₹3.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 10 years to 11 years).

The top 10% of Mechanical Maintenance Engineer at Permanent Magnets earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Mechanical Maintenance Engineer Salaries at Permanent Magnets 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 4 Permanent Magnets employees in India.
What is the estimated take home salary of a Mechanical Maintenance Engineer at Permanent Magnets in India?
The estimated take-home salary of a Mechanical Maintenance Engineer at Permanent Magnets in India typically ranges from ₹25,515 to ₹26,946 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 10 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 4 salaries received from various employees of Permanent Magnets. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Permanent Magnets for Mechanical Maintenance Engineer in India?
Nava Limited ₹4.5 Lakhs to ₹8.4 Lakhs per year
Hindustan Zinc ₹3.5 Lakhs to ₹10.5 Lakhs per year
Vedanta Resources ₹2.4 Lakhs to ₹8.9 Lakhs per year
Jindal Aluminium ₹3.3 Lakhs to ₹8.0 Lakhs per year
Hindalco Industries ₹1.5 Lakhs to ₹9.5 Lakhs per year

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

Sarda Metals & Alloys ₹2.4 Lakhs to ₹5.5 Lakhs per year
Carborundum Universal Limited ₹1.2 Lakhs to ₹5.4 Lakhs per year
Rungta Mines ₹2.2 Lakhs to ₹5.8 Lakhs per year
Ashapura Group Of Industries ₹2.4 Lakhs to ₹4.5 Lakhs per year
Chandan Steel ₹2.2 Lakhs to ₹4.2 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 Mechanical Maintenance Engineer at Permanent Magnets in India?
The salary growth for a Mechanical Maintenance Engineer at Permanent Magnets depends on factors such as experience, performance, and promotions. On average, a Mechanical Maintenance Engineer can expect the following growth trajectory at Permanent Magnets:

Experience Average Salary Range
10 years ₹3.4 Lakhs to ₹3.5 Lakhs per year
11 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Permanent Magnets Mechanical Maintenance Engineer salary in India ranges between ₹3.4 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Permanent Magnets latest salaries received from various employees of Permanent Magnets.