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

43% 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: 17 Dec 2024

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
TVS Sundram Fasteners Design Engineer Salary 1 - 4 years exp. (10 salaries)	₹1.5 L/yr - ₹3.8 L/yr 13% less
Komatsu Design Engineer Salary 2 - 8 years exp. (12 salaries)	₹3.9 L/yr - ₹9.5 L/yr 111% more
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Grundfos Pumps Design Engineer Salary 7 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹8 L/yr 142% more
Renault Nissan Technology & Business Centre India Design Engineer Salary 1 - 9 years exp. (611 salaries)	₹3 L/yr - ₹11.3 L/yr 124% more
Ashok Leyland Design Engineer Salary 0 - 7 years exp. (318 salaries)	₹1.5 L/yr - ₹8 L/yr 42% 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: 17 Dec 2024

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 - ₹5.3 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.

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.

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.

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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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Punch Ratna Fasteners Design Engineer Salary FAQs

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

Design Engineer salary at Punch Ratna Fasteners in Chennai ranges between ₹2.0 Lakhs to ₹4.2 Lakhs for experience between 2 years to 6 years. According to our estimates it is 43% less than the average Design Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Punch Ratna Fasteners Chennai.

How does the salary of a Design Engineer at Punch Ratna Fasteners Chennai compare with the average salary range for this job?

The average salary of a Design Engineer at Punch Ratna Fasteners is 43% less than the average salary of a Design Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Punch Ratna Fasteners to a Design Engineer in Chennai?

Grundfos Pumps Design Engineer Salary - ₹5.5 Lakhs to ₹8.0 Lakhs per year
Renault Nissan Technology & Business Centre India Design Engineer Salary - ₹3.0 Lakhs to ₹11.3 Lakhs per year
Komatsu Design Engineer Salary - ₹3.9 Lakhs to ₹9.5 Lakhs per year
Ashok Leyland Design Engineer Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Design Engineer in companies similar to Punch Ratna Fasteners in Chennai?

TVS Sundram Fasteners Design Engineer Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year

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 ranges between ₹21,152 per month to ₹22,798 per month in Chennai. The take-home salary calculation is based on the average Punch Ratna Fasteners Design Engineer salary in India which ranges between ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Punch Ratna Fasteners in Chennai?

According to AmbitionBox, 80% of the Punch Ratna Fasteners Design Engineers in Chennai reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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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.