Product Company Diploma Mechanical Engineer Salaries by 4 Employees

0 - 5 years exp.

₹1 Lakh - ₹2 Lakhs

Salary of majority employees

36% less than the average Diploma Mechanical Engineer Salary for 0 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.7 L/yr
Project & Program Management Diploma Mechanical Engineer Salary Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Research & Development Diploma Mechanical Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 21 Jan 2024

Companies similar to Product Company for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Diploma Mechanical Engineer Salary 0 - 8 years exp. (68 salaries)	₹1 L/yr - ₹8.1 L/yr 141% more
Reliance Industries Diploma Mechanical Engineer Salary 0 - 10 years exp. (49 salaries)	₹1.6 L/yr - ₹7 L/yr 147% more
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Jio Diploma Mechanical Engineer Salary 2 - 6 years exp. (8 salaries)	₹3 L/yr - ₹4.5 L/yr 102% more
Infosys Diploma Mechanical Engineer Salary 0 - 15 years exp. (5 salaries)	₹1 L/yr - ₹3.4 L/yr 45% more
Wipro Diploma Mechanical Engineer Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹4.2 L/yr 43% more
WNS Diploma Mechanical Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.1 L/yr - ₹2.2 L/yr 11% more
Amazon Diploma Mechanical Engineer Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹4.8 L/yr 72% more
ICICI Bank Diploma Mechanical Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.1 L/yr - ₹2 L/yr 19% less
Accenture Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 22% more
TCS Diploma Mechanical Engineer Salary 0 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 102% more
HCLTech Diploma Mechanical Engineer Salary 0 - 1 year exp. (3 salaries)	₹0.2 L/yr - ₹2.9 L/yr At par
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Diploma Mechanical Engineer salary at Product Company ranges between ₹1 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Product Company.

Experience wise Product Company Diploma Mechanical Engineer salaries

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.9 L/yr

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Similar Designation salaries in Product Company

Mechanical Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹25.9 L/yr

Senior Engineer Salary

(4 salaries)

₹2 L/yr - ₹34.5 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Production Engineer Salary

(11 salaries)

₹2.1 L/yr - ₹4.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Engineer Salary

(7 salaries)

₹2 L/yr - ₹3.2 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Junior Engineer Salary

(6 salaries)

₹3 L/yr - ₹5 L/yr

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Product Company Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Product Company ?

The average salary of a Diploma Mechanical Engineer at Product Company in India typically ranges from ₹1.0 Lakhs to ₹2.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Diploma Mechanical Engineer at Product Company earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Diploma Mechanical Engineer Salaries at Product Company 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 Product Company employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Product Company in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Product Company in India typically ranges from ₹11,454 to ₹12,715 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 Product Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Product Company for Diploma Mechanical Engineer in India?

Reliance Industries	₹1.6 Lakhs to ₹7.0 Lakhs per year
Larsen & Toubro Limited	₹1.0 Lakhs to ₹8.1 Lakhs per year
Jio	₹3.0 Lakhs to ₹4.5 Lakhs per year
TCS	₹3.0 Lakhs to ₹5.0 Lakhs per year
Amazon	₹2.1 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to Product Company in India?

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

Infosys	₹1.0 Lakhs to ₹3.4 Lakhs per year
Wipro	₹1.2 Lakhs to ₹4.2 Lakhs per year
Accenture	₹1.8 Lakhs to ₹2.4 Lakhs per year
WNS	₹1.1 Lakhs to ₹2.2 Lakhs per year
HCLTech	₹0.2 Lakhs to ₹2.9 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 Mechanical Engineer at Product Company in India?

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

Experience	Average Salary Range
Fresher	₹0.7 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.7 Lakhs to ₹3.1 Lakhs per year
3 years	₹1.5 Lakhs to ₹1.9 Lakhs per year

and so on.

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Product Company Diploma Mechanical Engineer Salaries

Product Company Diploma Mechanical Engineer salary in India ranges between ₹1 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Product Company latest salaries received from various employees of Product Company.