Punch Ratna Fasteners Mechanical Engineer Salaries by 4 Employees (Updated 2024)

3 - 5 years exp.

₹1.6 Lakh - ₹3 Lakhs

Salary of majority employees

48% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr
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Research & Development Mechanical Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Punch Ratna Fasteners for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
LPS Bossard Mechanical Engineer Salary 0 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹4.2 L/yr 27% more
TVS Sundram Fasteners Mechanical Engineer Salary 1 - 6 years exp. (52 salaries)	₹1 L/yr - ₹3.6 L/yr 15% less
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Sterling Tools Mechanical Engineer Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹3.3 L/yr 12% more
L&T–MHI Power Boilers Mechanical Engineer Salary 3 - 13 years exp. (18 salaries)	₹4.2 L/yr - ₹8 L/yr 150% more
Veer-O-- Metals Mechanical Engineer Salary 1 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹3.9 L/yr 38% more
Beri Udyog Mechanical Engineer Salary 1 - 9 years exp. (7 salaries)	₹2.8 L/yr - ₹4 L/yr 42% more
KK Spun Pipes Mechanical Engineer Salary 1 - 10 years exp. (7 salaries)	₹1.5 L/yr - ₹7.2 L/yr 72% more
Kirloskar Toyota Textile Machinery Mechanical Engineer Salary 0 - 4 years exp. (7 salaries)	₹2 L/yr - ₹8 L/yr 68% more
Primetals Technologies Mechanical Engineer Salary 3 - 8 years exp. (6 salaries)	₹4.2 L/yr - ₹5 L/yr 85% more
Beumer Group Mechanical Engineer Salary 2 - 14 years exp. (6 salaries)	₹6.9 L/yr - ₹17 L/yr 404% more
Komatsu Mechanical Engineer Salary 3 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹12.9 L/yr 251% more
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Tecumseh Products Mechanical Engineer Salary 1 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹2.8 L/yr 14% less
Lal Baba Seamless Tubes Mechanical Engineer Salary 4 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 22% more
Toshiba Mechanical Engineer Salary 5 - 7 years exp. (5 salaries)	₹2 L/yr - ₹8.4 L/yr 120% more
Bosch Power Tools Mechanical Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.3 L/yr - ₹2.5 L/yr 8% less
Bobst India Mechanical Engineer Salary 6 - 14 years exp. (4 salaries)	₹3.5 L/yr - ₹16.5 L/yr 330% more
Putzmeister Concrete Machines Mechanical Engineer Salary 13 - 20 years exp. (4 salaries)	₹5.9 L/yr - ₹7 L/yr 163% more
Hyundai Construction Equipment Mechanical Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹4.2 L/yr 50% more

Mechanical Engineer salary at Punch Ratna Fasteners ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Punch Ratna Fasteners.

Experience wise Punch Ratna Fasteners Mechanical Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr

Similar Designation salaries in Punch Ratna Fasteners

Electrical Engineer Salary

(4 salaries)

₹3.3 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(6 salaries)

₹2.75 L/yr - ₹6.35 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Junior Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Assistant Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.3 L/yr

Production Engineer Salary

(6 salaries)

₹4 L/yr - ₹6 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Electrical Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(3 salaries)

₹7.5 L/yr - ₹10.2 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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Punch Ratna Fasteners Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Punch Ratna Fasteners?

Mechanical Engineer salary at Punch Ratna Fasteners in India ranges between ₹1.6 Lakhs to ₹3.0 Lakhs for experience between 3 years to 5 years. According to our estimates it is 48% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Punch Ratna Fasteners India.

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

The average salary of a Mechanical Engineer at Punch Ratna Fasteners is 48% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Punch Ratna Fasteners to a Mechanical Engineer in India?

Beumer Group Mechanical Engineer Salary - ₹6.9 Lakhs to ₹17.0 Lakhs per year
Bobst India Mechanical Engineer Salary - ₹3.5 Lakhs to ₹16.5 Lakhs per year
Komatsu Mechanical Engineer Salary - ₹3.6 Lakhs to ₹12.9 Lakhs per year
Putzmeister Concrete Machines Mechanical Engineer Salary - ₹5.9 Lakhs to ₹7.0 Lakhs per year
L&T–MHI Power Boilers Mechanical Engineer Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Punch Ratna Fasteners in India?

Toshiba Mechanical Engineer Salary - ₹2.0 Lakhs to ₹8.4 Lakhs per year
Primetals Technologies Mechanical Engineer Salary - ₹4.2 Lakhs to ₹5.0 Lakhs per year
KK Spun Pipes Mechanical Engineer Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
Kirloskar Toyota Textile Machinery Mechanical Engineer Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
Hyundai Construction Equipment Mechanical Engineer Salary - ₹3.5 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Mechanical Engineer at Punch Ratna Fasteners ranges between ₹16,461 per month to ₹18,155 per month in India. The take-home salary calculation is based on the average Punch Ratna Fasteners Mechanical Engineer salary in India which ranges between ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Punch Ratna Fasteners?

According to AmbitionBox, 100% of the Punch Ratna Fasteners Mechanical Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Punch Ratna Fasteners Mechanical Engineer Salaries

Punch Ratna Fasteners Mechanical Engineer salary in India ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Punch Ratna Fasteners latest salaries received from various employees of Punch Ratna Fasteners.