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Prashant Group Mechanical Engg. Design salaries in India

Annual salary range
3 - 6 years exp.
₹2.4 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% less than the average Mechanical Engg. Design Salary for 3 - 6 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Prashant Group for Mechanical Engg. Design

Company name Avg Annual Salary Open Jobs
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Sulzer Mechanical Engg. Design Salary

1 - 10 years exp. (41 salaries)

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₹3 L/yr - ₹11.3 L/yr

arrow icon 120% more
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₹2.8 L/yr - ₹6.2 L/yr

arrow icon 25% more
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₹3 L/yr - ₹6.7 L/yr

arrow icon 43% more
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₹4.3 L/yr - ₹7.7 L/yr

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Knorr-Bremse Mechanical Engg. Design Salary

3 - 7 years exp. (9 salaries)

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₹5.5 L/yr - ₹9 L/yr

arrow icon 106% more
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₹4 L/yr - ₹4.8 L/yr

arrow icon 29% more
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Buhler Mechanical Engg. Design Salary

1 - 10 years exp. (7 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 21% more
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Rolls-Royce Mechanical Engg. Design Salary

4 - 7 years exp. (6 salaries)

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₹4.8 L/yr - ₹11 L/yr

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₹3.6 L/yr - ₹6 L/yr

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Grey Orange Mechanical Engg. Design Salary

4 - 8 years exp. (5 salaries)

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₹4.6 L/yr - ₹18 L/yr

arrow icon 228% more
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Bajaj Motors Mechanical Engg. Design Salary

8 - 11 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

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₹7.5 L/yr - ₹15.5 L/yr

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₹1.8 L/yr - ₹3.1 L/yr

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₹3.6 L/yr - ₹5 L/yr

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Mechanical Engg. Design salary at Prashant Group ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Prashant Group.

Latest annual salaries shared by Prashant Group Mechanical Engg. Design

1y ago
₹5 Lakhs
6 years exp.
1y ago
₹4 Lakhs
6 years exp.
1y ago
₹4 Lakhs
5 years exp.
1y ago
₹2.4 Lakhs
4 years exp.
1y ago
₹3 Lakhs
3 years exp.

Experience wise Prashant Group Mechanical Engg. Design salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr

Similar Designation salaries in Prashant Group

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₹3.6 L/yr - ₹7.95 L/yr
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₹7.2 L/yr - ₹10.2 L/yr
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₹15.5 L/yr - ₹17.3 L/yr
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₹7 L/yr - ₹8.2 L/yr
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₹6.8 L/yr - ₹8.6 L/yr
Design & Production Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Lead Design Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Prashant Group

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 31 Dec 2022

3.0
 for  Salary and Benefits

Likes

3 Years Company side Bound if You leave Company During Bound than Employees Pay three times Salary to Company Otherwise Any Employees doesn't leaving company.

read more

Dislikes

Job Security is very Low. Company Fire Any Employee and Any Time.

  • Skill development - Bad
  • +5 more

Full Time

 · 

Other Department

3.0
  •  posted on 07 Jun 2023

4.0
 for  Salary and Benefits

Likes

Good gardens with school culture.

  • Salary - Good
  • +1 more

Dislikes

All are in the run to satisfy only one person(Director).Internal culture of room is not transparent.Poor mind with high degree,will damage an organisation.Not a single talk about knowledge tranfer i health in this company still today.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 08 Sep 2017

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I like the employee rehire policy Other thing is not that much good very insecure job with so much job pressure.

read more

Dislikes

Work pressure is high, no appreciation, insecure job, location is not good and the most irritating thing is the attitude is like sethia type, they always think about only profit rather than service

read more
  • Skill development - Poor
  • +5 more

Electrical Department

3.0
  •  posted on 12 Apr 2022

3.0
 for  Salary and Benefits

Likes

Professional Growth is nothing. Not required graduate education for being manager. Increment criteria is depending upon management favour, not above on your performance.

read more
  • Skill development - Good
  • +2 more

Dislikes

Favourism. Not professionalism in career growth. Job security is not there. Working Timing hours are not fixed and 10 to 12 hours daily work.

read more
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Prashant Group Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Prashant Group ?
The average salary of a Mechanical Engg. Design at Prashant Group in India typically ranges from ₹2.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Mechanical Engg. Design at Prashant Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Mechanical Engg. Design Salaries at Prashant Group 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 5 Prashant Group employees in India.
What is the estimated take home salary of a Mechanical Engg. Design at Prashant Group in India?
The estimated take-home salary of a Mechanical Engg. Design at Prashant Group in India typically ranges from ₹24,311 to ₹25,760 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 5 salaries received from various employees of Prashant Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Prashant Group for Mechanical Engg. Design in India?
Grey Orange ₹4.6 Lakhs to ₹18.0 Lakhs per year
Hero Motors Company ₹7.5 Lakhs to ₹15.5 Lakhs per year
Sulzer ₹3.0 Lakhs to ₹11.3 Lakhs per year
Rolls-Royce ₹4.8 Lakhs to ₹11.0 Lakhs per year
Knorr-Bremse ₹5.5 Lakhs to ₹9.0 Lakhs per year

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

Delta Electronics ₹4.3 Lakhs to ₹7.7 Lakhs per year
Bharat Fritz Werner ₹3.0 Lakhs to ₹6.7 Lakhs per year
Bonfiglioli Transmissions Private Limited ₹4.0 Lakhs to ₹4.8 Lakhs per year
Nash Industries ₹3.6 Lakhs to ₹6.0 Lakhs per year
Falcon Autotech ₹2.8 Lakhs to ₹6.2 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 Engg. Design at Prashant Group in India?
The salary growth for a Mechanical Engg. Design at Prashant Group depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Prashant Group:

Experience Average Salary Range
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
6 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
and so on.

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Prashant Group Mechanical Engg. Design salary in India ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Prashant Group latest salaries received from various employees of Prashant Group.