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Punch Ratna Fasteners Design Engineer salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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46% less than the average Design Engineer Salary in Industrial Machinery Companies for 2 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Design Engineer Salary
2 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

Research & Development
Design Engineer Salary
3 - 6 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 11 Jan 2025

Companies similar to Punch Ratna Fasteners for Design Engineer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹7 L/yr

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Komatsu Design Engineer Salary

2 - 8 years exp. (39 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 140% more
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Schenck Process India Design Engineer Salary

1 - 7 years exp. (35 salaries)

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₹2.5 L/yr - ₹7.3 L/yr

arrow icon 104% more
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Claas Design Engineer Salary

2 - 6 years exp. (27 salaries)

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₹2.7 L/yr - ₹6.6 L/yr

arrow icon 73% more
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Bobst India Design Engineer Salary

1 - 6 years exp. (21 salaries)

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₹3.9 L/yr - ₹6.5 L/yr

arrow icon 85% more
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Phoenix Mecano Design Engineer Salary

3 - 10 years exp. (17 salaries)

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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 66% more
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VASANTHA TOOL CRAFTS Design Engineer Salary

2 - 10 years exp. (15 salaries)

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₹4.2 L/yr - ₹10.2 L/yr

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₹3.1 L/yr - ₹7.3 L/yr

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Motherson Techno Tools Design Engineer Salary

3 - 7 years exp. (12 salaries)

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₹3.3 L/yr - ₹6 L/yr

arrow icon 74% more
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Beri Udyog Design Engineer Salary

1 - 3 years exp. (8 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 4% more
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Gilbarco Veeder Root Design Engineer Salary

1 - 9 years exp. (8 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 67% more
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Maschio Gaspardo Design Engineer Salary

3 - 8 years exp. (8 salaries)

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₹4.7 L/yr - ₹6.5 L/yr

arrow icon 100% more
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Veer-O-- Metals Design Engineer Salary

2 - 9 years exp. (8 salaries)

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₹3.5 L/yr - ₹7.8 L/yr

arrow icon 101% more
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Toshiba Design Engineer Salary

1 - 4 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.7 L/yr

arrow icon 53% more
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₹3 L/yr - ₹6.4 L/yr

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₹4.8 L/yr - ₹12 L/yr

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Anupam Industries Design Engineer Salary

0 - 9 years exp. (6 salaries)

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₹1.5 L/yr - ₹6.6 L/yr

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₹6.2 L/yr - ₹7.7 L/yr

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Liebherr Design Engineer Salary

2 - 10 years exp. (5 salaries)

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₹4 L/yr - ₹10 L/yr

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Grundfos Pumps Design Engineer Salary

7 - 9 years exp. (4 salaries)

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₹5.5 L/yr - ₹9 L/yr

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View all
Design Engineer salary at Punch Ratna Fasteners ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Punch Ratna Fasteners.

Latest annual salaries shared by Punch Ratna Fasteners Design Engineer

1w ago
₹2.5 Lakhs
2 years exp.
1y ago
₹3.6 Lakhs
6 years exp.
1y ago
₹3.6 Lakhs
5 years exp.
1y ago
₹4.2 Lakhs
6 years exp.
1y ago
₹2.5 Lakhs
3 years exp.
1y ago
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3 years exp.

Experience wise Punch Ratna Fasteners Design Engineer salaries

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Punch Ratna Fasteners

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₹2.75 L/yr - ₹6.35 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹3.3 L/yr
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₹3 L/yr - ₹6.5 L/yr
Process Engineer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 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

Salary related reviews for Punch Ratna Fasteners

3.6

Rated by 5 employees for salary & benefits

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
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Punch Ratna Fasteners Design Engineer Salary FAQs

What is the salary of Design Engineer at Punch Ratna Fasteners ?
The average salary of a Design Engineer at Punch Ratna Fasteners in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Design Engineer at Punch Ratna Fasteners earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Design 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 9 Punch Ratna Fasteners employees in India.
What is the estimated take home salary of a Design Engineer at Punch Ratna Fasteners in India?
The estimated take-home salary of a Design Engineer at Punch Ratna Fasteners in India typically ranges from ₹19,717 to ₹21,385 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 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 9 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 Engineer in India?
Kirloskar Toyota Textile Machinery ₹4.8 Lakhs to ₹12.0 Lakhs per year
Beumer Group ₹4.8 Lakhs to ₹12.0 Lakhs per year
VASANTHA TOOL CRAFTS ₹4.2 Lakhs to ₹10.2 Lakhs per year
Grundfos Pumps ₹5.5 Lakhs to ₹9.0 Lakhs per year
L&T–MHI Power Boilers ₹6.2 Lakhs to ₹7.7 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 Engineer in companies similar to Punch Ratna Fasteners in India?
The salary of a Design 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:

Liebherr ₹4.0 Lakhs to ₹10.0 Lakhs per year
Komatsu ₹3.5 Lakhs to ₹10.0 Lakhs per year
Schenck Process India ₹2.5 Lakhs to ₹7.3 Lakhs per year
Veer-O-- Metals ₹3.5 Lakhs to ₹7.8 Lakhs per year
Maschio Gaspardo ₹4.7 Lakhs to ₹6.5 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 Engineer at Punch Ratna Fasteners in India?
The salary growth for a Design Engineer at Punch Ratna Fasteners depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Punch Ratna Fasteners:

Experience Average Salary Range
2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.0 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.5 Lakhs to ₹5.0 Lakhs per year
5 years ₹1.2 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Punch Ratna Fasteners Design Engineer salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Punch Ratna Fasteners latest salaries received from various employees of Punch Ratna Fasteners.