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Punch Ratna Fasteners

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3.8

based on 74 Reviews

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Punch Ratna Fasteners Design & Development Engineer salaries in India

Annual salary range
1 - 9 years exp.
₹1.9 Lakh - ₹7 Lakhs
Salary of majority employees
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19% less than the average Design & Development Engineer Salary in Industrial Machinery Companies for 1 - 9 years of experience

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Salaries in different departments

Research & Development
Design & Development Engineer Salary
1 - 9 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹5.4 L/yr

Data Science & Analytics
Design & Development Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Quality Assurance
Design & Development Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Punch Ratna Fasteners for Design & Development Engineer

Company name Avg Annual Salary Open Jobs
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Veer-O-- Metals Design & Development Engineer Salary

2 - 5 years exp. (5 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 13% less
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Siemens Healthineers Design & Development Engineer Salary

2 - 7 years exp. (102 salaries)
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₹8 L/yr - ₹20.3 L/yr

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Siemens Healthcare Design & Development Engineer Salary

2 - 6 years exp. (42 salaries)
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₹7.5 L/yr - ₹21.6 L/yr

arrow icon 245% more
 2 job openings
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Forbes Marshall Design & Development Engineer Salary

1 - 9 years exp. (38 salaries)
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₹4.5 L/yr - ₹11.8 L/yr

arrow icon 101% more
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Diam Display India Private Limited Design & Development Engineer Salary

0 - 4 years exp. (33 salaries)
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₹2 L/yr - ₹4.5 L/yr

arrow icon 15% less
Design & Development Engineer salary at Punch Ratna Fasteners ranges between ₹1.9 Lakh to ₹7 Lakhs per year for employees with experience between 1 year to 9 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 Design & Development Engineer

1y ago
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5 years exp.
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2 years exp.
1y ago
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9 years exp.
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1 year exp.

Experience wise Punch Ratna Fasteners Design & Development Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in Punch Ratna Fasteners

Design Engineer Salary
(9 salaries)
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₹2 L/yr - ₹4.2 L/yr
Senior Design Engineer Salary
(7 salaries)
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₹3 L/yr - ₹6.5 L/yr
NPD Engineer Salary
(4 salaries)
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₹3 L/yr - ₹4 L/yr
CAD Design Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Tool Room Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Tool Room Incharge Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Mechanical Engg. Design Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Process Engineer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for Punch Ratna Fasteners

Quality Engineer in Rohtak

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

QMS Engineer in Rohtak

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.

CNC Machine Operator in Chennai

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
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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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Punch Ratna Fasteners Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Punch Ratna Fasteners ?
The average salary of a Design & Development Engineer at Punch Ratna Fasteners in India typically ranges from ₹1.9 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Design & Development Engineer at Punch Ratna Fasteners earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Design & Development 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 Design & Development Engineer at Punch Ratna Fasteners in India?
The estimated take-home salary of a Design & Development Engineer at Punch Ratna Fasteners in India typically ranges from ₹33,742 to ₹35,001 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 Design & Development Engineer in India?
Siemens Healthineers ₹8.0 Lakhs to ₹20.3 Lakhs per year
Siemens Healthcare ₹7.5 Lakhs to ₹21.6 Lakhs per year
Forbes Marshall ₹4.5 Lakhs to ₹11.8 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 Design & Development Engineer in companies similar to Punch Ratna Fasteners in India?
The salary of a Design & Development 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:

Veer-O-- Metals ₹3.6 Lakhs to ₹4.5 Lakhs per year
Diam Display India Private Limited ₹2.0 Lakhs to ₹4.5 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 Design & Development Engineer at Punch Ratna Fasteners in India?
The salary growth for a Design & Development Engineer at Punch Ratna Fasteners depends on factors such as experience, performance, and promotions. On average, a Design & Development Engineer can expect the following growth trajectory at Punch Ratna Fasteners:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.9 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

Tell us how to improve this page.

Punch Ratna Fasteners Design & Development Engineer salary in India ranges between ₹1.9 Lakh to ₹7 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.