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Punch Ratna Fasteners Assistant Engineer salaries in India

Annual salary range
4 - 8 years exp.
₹2 Lakhs - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Assistant Engineer Salary in Industrial Machinery Companies for 4 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Assistant Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.3 L/yr

Quality Assurance
Assistant Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 13 Mar 2023

Companies similar to Punch Ratna Fasteners for Assistant Engineer

Company name Avg Annual Salary Open Jobs
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Komatsu Assistant Engineer Salary

2 - 7 years exp. (14 salaries)

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₹4.1 L/yr - ₹6.7 L/yr

arrow icon 94% more
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VASANTHA TOOL CRAFTS Assistant Engineer Salary

1 - 13 years exp. (14 salaries)

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₹2.9 L/yr - ₹6 L/yr

arrow icon 62% more
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₹1.3 L/yr - ₹2.5 L/yr

arrow icon 32% less
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KK Spun Pipes Assistant Engineer Salary

1 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 6% more
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₹3 L/yr - ₹4.2 L/yr

arrow icon 33% more
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₹4 L/yr - ₹6.8 L/yr

arrow icon 112% more
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₹4.2 L/yr - ₹4.8 L/yr

arrow icon 65% more
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₹2.1 L/yr - ₹2.6 L/yr

arrow icon 13% less
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Toshiba Assistant Engineer Salary

0 - 11 years exp. (4 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 96% more
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₹3.6 L/yr - ₹4 L/yr

arrow icon 41% more
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Tecumseh Products Assistant Engineer Salary

2 - 3 years exp. (3 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 8% less
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Bosch Power Tools Assistant Engineer Salary

2 - 5 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 10% less
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₹2.5 L/yr - ₹3 L/yr

arrow icon 5% more
Assistant Engineer salary at Punch Ratna Fasteners ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Punch Ratna Fasteners.

Latest annual salaries shared by Punch Ratna Fasteners Assistant Engineer

1y ago
₹3.3 Lakhs
4 years exp.
1y ago
₹3 Lakhs
8 years exp.
1y ago
₹2.2 Lakhs
5 years exp.
1y ago
₹2 Lakhs
4 years exp.

Experience wise Punch Ratna Fasteners Assistant Engineer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Punch Ratna Fasteners

Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
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₹2.75 L/yr - ₹6.35 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹6 L/yr
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₹3.3 L/yr - ₹5.5 L/yr
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₹1.6 L/yr - ₹3 L/yr
Deputy Manager Salary
(3 salaries)
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₹7.5 L/yr - ₹10.2 L/yr
Maintenance Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Supervisor Salary
(4 salaries)
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₹2.4 L/yr - ₹2.5 L/yr

Salary related reviews for Punch Ratna Fasteners

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 07 Oct 2024

3.0
 for  Salary and Benefits

Likes

Supportive team, No Leg pulling by anyone , No any compilation between employees- everyday just spend 8.5 hours go back to home.

read more
  • Skill development - Good
  • +2 more

Dislikes

Old employee's staying from long time period due to this new employee do not gain achievements in this company. Same Job responsibility from last eight years,so how to learn a employee.

read more

Full Time

 · 

Quality Managment Systems Department

4.0
  •  posted on 08 Sep 2017

3.0
 for  Salary and Benefits

Likes

Company regularly thinks how we can use the new technology to improve the quality of a product & arrange trainings for workers to improve their working skills etc.Nice working environment . Motivational programs arranged by managment to encourage their workers.

read more
  • Skill development - Good
  • +3 more

Dislikes

No one is perfect including me.

Contractual

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 26 Sep 2023

4.0
 for  Salary and Benefits

Likes

They are all the supervisor are work hard and nice persons.

  • Salary - Good
  • +1 more

Dislikes

They don't know about the talent person because of all the supervisor are work hard but they have no correct salary and expectations all of them are really talented persons

read more
see more salary related reviews

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Punch Ratna Fasteners Assistant Engineer Salary FAQs

What is the salary of Assistant Engineer at Punch Ratna Fasteners ?
The average salary of a Assistant Engineer at Punch Ratna Fasteners in India typically ranges from ₹2.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Assistant Engineer at Punch Ratna Fasteners earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Assistant Engineer Salaries at Punch Ratna 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 Punch Ratna Fasteners employees in India.
What is the estimated take home salary of a Assistant Engineer at Punch Ratna Fasteners in India?
The estimated take-home salary of a Assistant Engineer at Punch Ratna Fasteners in India typically ranges from ₹18,830 to ₹20,510 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 4 years to 8 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 Punch Ratna Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Punch Ratna Fasteners for Assistant Engineer in India?
Primetals Technologies ₹4.0 Lakhs to ₹6.8 Lakhs per year
Toshiba ₹3.0 Lakhs to ₹6.7 Lakhs per year
Komatsu ₹4.1 Lakhs to ₹6.7 Lakhs per year
Schenck Process India ₹4.2 Lakhs to ₹4.8 Lakhs per year
VASANTHA TOOL CRAFTS ₹2.9 Lakhs to ₹6.0 Lakhs per year

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

Pentair Water India ₹3.6 Lakhs to ₹4.0 Lakhs per year
Motherson Techno Tools ₹3.0 Lakhs to ₹4.2 Lakhs per year
KK Spun Pipes ₹2.2 Lakhs to ₹3.6 Lakhs per year
Kirloskar Toyota Textile Machinery ₹2.5 Lakhs to ₹3.0 Lakhs per year
Tecumseh Products ₹2.0 Lakhs to ₹3.0 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 Assistant Engineer at Punch Ratna Fasteners in India?
The salary growth for a Assistant Engineer at Punch Ratna Fasteners depends on factors such as experience, performance, and promotions. On average, a Assistant Engineer can expect the following growth trajectory at Punch Ratna Fasteners:

Experience Average Salary Range
4 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
6 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
7 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

Punch Ratna Fasteners Assistant Engineer salary in India ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Punch Ratna Fasteners latest salaries received from various employees of Punch Ratna Fasteners.