Punch Ratna Fasteners Chennai Design Engineer Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Salary of majority employees

44% 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)	₹2.5 L/yr - ₹3.6 L/yr
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Research & Development Design Engineer Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.2 L/yr

Last Updated: 11 Jan 2025

Companies similar to Punch Ratna Fasteners for Design Engineer in Chennai

Punch Ratna Fasteners Design Engineer Salary

2 - 6 years exp. (7 salaries)

₹2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Komatsu Design Engineer Salary 2 - 8 years exp. (13 salaries)	₹3.9 L/yr - ₹9.5 L/yr 108% more
Grundfos Pumps Design Engineer Salary 7 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹8 L/yr 140% more
Login to view exact salary
Renault Nissan Technology & Business Centre India Design Engineer Salary 1 - 9 years exp. (577 salaries)	₹3.1 L/yr - ₹10 L/yr 125% more	1 job opening
TCS Design Engineer Salary 0 - 10 years exp. (315 salaries)	₹2.8 L/yr - ₹10.5 L/yr 116% more
Ashok Leyland Design Engineer Salary 0 - 7 years exp. (299 salaries)	₹1.5 L/yr - ₹7.5 L/yr 41% more

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 7 latest salaries received from various employees of Punch Ratna Fasteners.

Experience wise Punch Ratna Fasteners Design Engineer salaries in Chennai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr

Similar Designation salaries in Punch Ratna Fasteners

Senior Engineer Salary

(6 salaries)

₹2.75 L/yr - ₹6.35 L/yr

Junior Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(3 salaries)

₹7.5 L/yr - ₹10.2 L/yr

Electrical Engineer Salary

(3 salaries)

₹3.3 L/yr - ₹3.8 L/yr

Senior Design Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹1.6 L/yr - ₹3 L/yr

Salary related reviews for Punch Ratna Fasteners

4.0

Rated by 2 employees for salary & benefits

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.

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.

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.

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

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 Engineer Salary FAQs

What is the salary of Design Engineer at Punch Ratna Fasteners in Chennai?

The average salary of a Design Engineer at Punch Ratna Fasteners in Chennai 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 in Chennai at Punch Ratna Fasteners earn more than ₹4.1 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 7 Punch Ratna Fasteners employees in India.

What is the estimated take home salary of a Design Engineer at Punch Ratna Fasteners in Chennai?

The estimated take-home salary of a Design Engineer at Punch Ratna Fasteners in Chennai typically ranges from ₹21,397 to ₹23,040 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 7 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?

Grundfos Pumps	₹5.5 Lakhs to ₹8.0 Lakhs per year
Renault Nissan Technology & Business Centre India	₹3.1 Lakhs to ₹10.0 Lakhs per year
TCS	₹2.8 Lakhs to ₹10.5 Lakhs per year
Komatsu	₹3.9 Lakhs to ₹9.5 Lakhs per year
Ashok Leyland	₹1.5 Lakhs to ₹7.5 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.

How the salary growth look like for a Design Engineer at Punch Ratna Fasteners in Chennai?

The salary growth for a Design Engineer at Punch Ratna Fasteners in Chennai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Chennai 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	₹1.1 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.8 Lakhs to ₹5.4 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.6 Lakhs per year

and so on.

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Punch Ratna Fasteners Design Engineer Salaries in Chennai

Punch Ratna Fasteners Design Engineer salary in Chennai ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Punch Ratna Fasteners latest salaries received from various employees of Punch Ratna Fasteners.