Prakash Sponge Iron And Power Bangalore / Bengaluru Mechanical Engineer Salaries by 3 Employees (Updated 2024)

1 - 3 years exp.

₹2.6 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 12 Mar 2023

Companies similar to Prakash Sponge Iron And Power for Mechanical Engineer in Bangalore / Bengaluru

Prakash Sponge Iron And Power Mechanical Engineer Salary

1 - 3 years exp. (3 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
JSW Steel Mechanical Engineer Salary 0 - 13 years exp. (17 salaries)	₹3 L/yr - ₹8 L/yr 82% more
Larsen & Toubro Limited Mechanical Engineer Salary 1 - 10 years exp. (24 salaries)	₹2.4 L/yr - ₹9.8 L/yr 97% more
Login to view exact salary
TCE Mechanical Engineer Salary 3 - 11 years exp. (7 salaries)	₹4.9 L/yr - ₹11 L/yr 154% more
Shell Mechanical Engineer Salary 4 - 13 years exp. (4 salaries)	₹7.5 L/yr - ₹15 L/yr 286% more
Alstom Transportation Mechanical Engineer Salary 5 - 15 years exp. (91 salaries)	₹8 L/yr - ₹21.5 L/yr 455% more

Mechanical Engineer salary at Prakash Sponge Iron And Power ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Prakash Sponge Iron And Power.

Experience wise Prakash Sponge Iron And Power Mechanical Engineer salaries in Bangalore / Bengaluru

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Prakash Sponge Iron And Power

Turbine Desk Operator in Heggere Near Challaker

Production, Manufacturing & Engineering Department

4.0

• posted on 24 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year

Dislikes

Improper Food Facilities inside the plant

Senior Project Engineer Electrical in Chellakere

Electrical Maintenance Department

4.0

• posted on 03 Feb 2022

4.0

for Salary and Benefits

Likes

... great team specailly in power plant , I don't know about steel and sponge team. Very much satisfied , what u get package is fully worth.

Dislikes

Dusty environment in sponge , but compared other industries it's ok..

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Prakash Sponge Iron And Power?

Ask anonymously on communities.

Tell us how to improve this page.

Home >
Salaries >
Prakash Sponge Iron And Power Salaries >
Prakash Sponge Iron And Power Mechanical Engineer Salaries >
Prakash Sponge Iron And Power Mechanical Engineer Salaries in Bangalore / Bengaluru

Prakash Sponge Iron And Power Mechanical Engineer salary in Bangalore / Bengaluru ranges between ₹2.6 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Prakash Sponge Iron And Power latest salaries received from various employees of Prakash Sponge Iron And Power.

Prakash Sponge Iron And Power Mechanical Engineer salaries in Bangalore / Bengaluru