POSCO MAHARASHTRA STEEL Diploma Engineer Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹3.5 Lakhs - ₹6.9 Lakhs

Salary of majority employees

97% more than the average Diploma Engineer Salary in Iron & Steel Companies for 6 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.9 L/yr
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Environment Health & Safety Diploma Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 1 Jan 2025

Companies similar to POSCO MAHARASHTRA STEEL for Diploma Engineer

Company name	Avg Annual Salary	Open Jobs
NBC Bearings Diploma Engineer Salary 2 - 8 years exp. (194 salaries)	₹1.5 L/yr - ₹5 L/yr 37% less
Tata Motors Diploma Engineer Salary 1 - 5 years exp. (58 salaries)	₹1.2 L/yr - ₹3.5 L/yr 55% less
Login to view exact salary
Bses Rajdhani Power Diploma Engineer Salary 3 - 13 years exp. (51 salaries)	₹2.2 L/yr - ₹6 L/yr 37% less
Schwing Stetter Diploma Engineer Salary 1 - 4 years exp. (43 salaries)	₹2.1 L/yr - ₹3.5 L/yr 45% less
IND-SPHINX PRECISION Diploma Engineer Salary 2 - 6 years exp. (31 salaries)	₹2 L/yr - ₹3.5 L/yr 49% less

Diploma Engineer salary at POSCO MAHARASHTRA STEEL ranges between ₹3.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

Experience wise POSCO MAHARASHTRA STEEL Diploma Engineer salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
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8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹6.9 L/yr

Similar Designation salaries in POSCO MAHARASHTRA STEEL

Senior Engineer Salary

(29 salaries)

₹4.1 L/yr - ₹7.2 L/yr

Junior Engineer Salary

(41 salaries)

₹3.2 L/yr - ₹7 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Maintenance Engineer Salary

(3 salaries)

₹6.9 L/yr - ₹7.8 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Executive Engineer Salary

(12 salaries)

₹3.8 L/yr - ₹8 L/yr

Mechanical Engineer Salary

(17 salaries)

₹3.95 L/yr - ₹6.77 L/yr

Production Engineer Salary

(15 salaries)

₹3.5 L/yr - ₹8.02 L/yr

Deputy Manager Salary

(34 salaries)

₹6.1 L/yr - ₹15 L/yr

Salary related reviews for POSCO MAHARASHTRA STEEL

5.0

Rated by 1 employees for salary & benefits

Diploma Engineer in Pune

Operations Department

5.0

• posted on 10 Apr 2021

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

EOT Crane Operator in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Oct 2024

2.0

for Salary and Benefits

Likes

There is a work process in POSCO company. Any work is done safely. Care is taken to avoid any damage or accident. And hr sir, md sir treats everyone like a friend.

Skill development - Good

+3 more

Dislikes

... contract workers do not speak in a formal manner and behave in a normal manner. In terms of work, the salary does not increase systematically.

Salary - Poor

+2 more

Executive in Mangaon

Full Time

Other Department

3.0

• posted on 19 Apr 2023

3.0

for Salary and Benefits

Likes

Posco maharashtra steel is words largest company in steel setor. very good experience for me this company staff is very good behavior. This company safety SOP is very good and strict. And company working system fast and safe. This company care about our employees. With Posco We are the Posco. And safety first.

Job security - Excellent

+1 more

Dislikes

Salary Structure is not good.

Skill development - Bad

+1 more

Senior Executive in Mangaon

Full Time

Procurement & Supply Chain Department

5.0

• posted on 03 Sep 2022

3.0

for Salary and Benefits

Likes

Posco maharashtra steel is words largest company in steel setor. very good experience for me this company staff is very good behavior. This company safety SOP is very good and strik. And company working system fast and safe. This company care about our employees. With posco we are the posco. And safety first.

Job security - Excellent

+4 more

Dislikes

But salary structure is not good. I am not satisfied.

Skill development - Poor

Junior Manager in Mangaon

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Jun 2022

4.0

for Salary and Benefits

Likes

Company offers a high level of job security. Company have a robust machinery & production line. Career wise you won't have good growth & salary but on other hand the burden on employees is very less as compared to other companies of same field.

Salary - Good

+2 more

Dislikes

The main reason for which i left POSCO was its plant location which was not offering basic amenities around it

Skill development - Poor

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POSCO MAHARASHTRA STEEL Diploma Engineer Salary FAQs

What is the salary of Diploma Engineer at POSCO MAHARASHTRA STEEL ?

The average salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL in India typically ranges from ₹3.5 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Diploma Engineer at POSCO MAHARASHTRA STEEL earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Diploma Engineer Salaries at POSCO MAHARASHTRA 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 4 POSCO MAHARASHTRA STEEL employees in India.

What is the estimated take home salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL in India?

The estimated take-home salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL in India typically ranges from ₹40,124 to ₹41,288 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 6 years to 10 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 POSCO MAHARASHTRA STEEL. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Diploma Engineer in companies similar to POSCO MAHARASHTRA STEEL in India?

The salary of a Diploma Engineer at companies similar to POSCO MAHARASHTRA STEEL in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NBC Bearings	₹1.5 Lakhs to ₹5.0 Lakhs per year
Bses Rajdhani Power	₹2.2 Lakhs to ₹6.0 Lakhs per year
Schwing Stetter	₹2.1 Lakhs to ₹3.5 Lakhs per year
IND-SPHINX PRECISION	₹2.0 Lakhs to ₹3.5 Lakhs per year
Tata Motors	₹1.2 Lakhs to ₹3.5 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 Diploma Engineer at POSCO MAHARASHTRA STEEL in India?

The salary growth for a Diploma Engineer at POSCO MAHARASHTRA STEEL depends on factors such as experience, performance, and promotions. On average, a Diploma Engineer can expect the following growth trajectory at POSCO MAHARASHTRA STEEL:

Experience	Average Salary Range
6 years	₹3.5 Lakhs to ₹6.5 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.2 Lakhs per year
8 years	₹2.1 Lakhs to ₹5.6 Lakhs per year
9 years	₹2.5 Lakhs to ₹6.3 Lakhs per year

and so on.

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POSCO MAHARASHTRA STEEL Diploma Engineer Salaries

POSCO MAHARASHTRA STEEL Diploma Engineer salary in India ranges between ₹3.5 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 POSCO MAHARASHTRA STEEL latest salaries received from various employees of POSCO MAHARASHTRA STEEL.