Precision Industrial Fasteners Senior Engineer Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹2.8 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% less than the average Senior Engineer Salary for 6 - 10 years of experience

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Salaries in different departments

Quality Assurance Senior Engineer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.2 L/yr
Procurement & Supply Chain Senior Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr
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Research & Development Senior Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 16 Mar 2025

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Senior Engineer salary at Precision Industrial Fasteners ranges between ₹2.8 Lakhs to ₹4.6 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 Precision Industrial Fasteners.

Experience wise Precision Industrial Fasteners Senior Engineer salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Precision Industrial Fasteners

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Quality Engineer Salary

(7 salaries)

₹1.6 L/yr - ₹3.24 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(3 salaries)

₹7.5 L/yr - ₹10.8 L/yr

Quantity Surveyor Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Precision Industrial Fasteners

Manager Sales & Marketing in Ludhiana

Full Time

Marketing & Communication Department

5.0

• posted on 20 Oct 2023

5.0

for Salary and Benefits

Likes

At Precision Industrial Fasteners, the working culture stands out as one of the most supportive and collaborative environment. Management is very supportive and interested in everyone's growth.

Salary - Excellent

+6 more

Dislikes

Everything is perfect!

General Manager in Ludhiana

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

I have worked in PIF for more than 10 years. It has given me immense growth. Although now I'm retired, I'll always be available for Precision. I started with Procurement Engineer and I retired as Procurement General Manager.

Salary - Excellent

+6 more

Dislikes

Nothing

Manager Sales & Marketing in Ludhiana

Full Time

Marketing & Communication Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

The culture in the company always focus towards growth, which can either for individual person or for the company This makes me satisfied as I am improving my skills in daily run

Salary - Excellent

+6 more

Dislikes

Work pressure is high sometimes, but I find it fascinating as I am able to gather experience in vast areas like being in marketing, once I managed material management for my particular product on shop floor

Production Engineer in Sahnewal, Punjab

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

This is my 5th company, being such a big company, I have never seen this amazing culture where owners and teams collaborate together and solve problems in depth. THus i love the working style. I am shifting to Faridabad due to family reasons, otherwise if I will get opportunity to join here in future, will surely come back

Salary - Excellent

+6 more

Dislikes

If the peak season is going on, we hve to come on weekends sometimes, if urgent

Head Sales & Marketing in Sua Road, Dhandari Kalan Ludhiana

Full Time

Sales & Business Development Department

1.0

• posted on 16 Jun 2023

2.0

for Salary and Benefits

Likes

Nothing, which u can like in this company. 12 hours duty timing after duty you can have call from MD or there chilnders any time you early morning or late night. They dont valued the employe’s personal life

Dislikes

Company politic Owners do like the people who are sycophants Late working hours If you left the company, you will not get your full & final payment even if you gave them proper time and handover properly Company dont have any working system. Unprofessionalism Mentally torture and harassment

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Precision Industrial Fasteners Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Precision Industrial Fasteners ?

The average salary of a Senior Engineer at Precision Industrial Fasteners in India typically ranges from ₹2.8 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Senior Engineer at Precision Industrial Fasteners earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Senior Engineer Salaries at Precision Industrial Fasteners 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 Precision Industrial Fasteners employees in India.

What is the estimated take home salary of a Senior Engineer at Precision Industrial Fasteners in India?

The estimated take-home salary of a Senior Engineer at Precision Industrial Fasteners in India typically ranges from ₹27,262 to ₹28,667 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.6 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 Precision Industrial Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Precision Industrial Fasteners for Senior Engineer in India?

BharatPe	₹18.0 Lakhs to ₹65.0 Lakhs per year
ABCD	₹14.1 Lakhs to ₹44.0 Lakhs per year
BT E Serv	₹9.5 Lakhs to ₹30.0 Lakhs per year
Becton Dickinson	₹7.5 Lakhs to ₹21.0 Lakhs per year
Saama Technologies	₹13.5 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Precision Industrial Fasteners, depending on the role and experience level.

What is the salary of a Senior Engineer in companies similar to Precision Industrial Fasteners in India?

The salary of a Senior Engineer at companies similar to Precision Industrial Fasteners in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CTS Consulting & Technical Support	₹7.0 Lakhs to ₹22.0 Lakhs per year
DISH TV	₹3.2 Lakhs to ₹28.0 Lakhs per year
ZF Steering Gear	₹6.0 Lakhs to ₹18.6 Lakhs per year
Jet Airways	₹5.2 Lakhs to ₹16.0 Lakhs per year
Linde India	₹5.2 Lakhs to ₹13.0 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 Senior Engineer at Precision Industrial Fasteners in India?

The salary growth for a Senior Engineer at Precision Industrial Fasteners depends on factors such as experience, performance, and promotions. On average, a Senior Engineer can expect the following growth trajectory at Precision Industrial Fasteners:

Experience	Average Salary Range
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Precision Industrial Fasteners Senior Engineer Salaries

Precision Industrial Fasteners Senior Engineer salary in India ranges between ₹2.8 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Precision Industrial Fasteners latest salaries received from various employees of Precision Industrial Fasteners.