Ramind Cold Forge Vellore Design Engineer Salaries by 5 Employees

0 - 3 years exp.

₹1.3 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Design Engineer Salary for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Design Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.3 L/yr - ₹2 L/yr
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Research & Development Design Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3 L/yr

Last Updated: 26 Jan 2024

Companies similar to Ramind Cold Forge for Design Engineer in Vellore

Ramind Cold Forge Design Engineer Salary

0 - 3 years exp. (5 salaries)

₹1.3 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Brakes India Design Engineer Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹6.1 L/yr 107% more
PEINER SMAG Machinery Design Engineer Salary 5 - 8 years exp. (5 salaries)	₹4.1 L/yr - ₹6.3 L/yr 190% more
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ABI Showatech Design Engineer Salary 3 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹4.1 L/yr 34% more
Automotive Robotics (India) Design Engineer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹5.5 L/yr 145% more	1 job opening
VPL Industrial Technologies Design Engineer Salary 0 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹3.6 L/yr 32% more

Design Engineer salary at Ramind Cold Forge ranges between ₹1.3 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Ramind Cold Forge.

Experience wise Ramind Cold Forge Design Engineer salaries in Vellore

Last Updated: 26 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
1 year (3 salaries)	₹1.3 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Ramind Cold Forge Design Engineer Salary FAQs

What is the salary of Design Engineer at Ramind Cold Forge in Vellore?

The average salary of a Design Engineer at Ramind Cold Forge in Vellore typically ranges from ₹1.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Design Engineer in Vellore at Ramind Cold Forge earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design Engineer Salaries at Ramind Cold Forge 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 5 Ramind Cold Forge employees in India.

What is the estimated take home salary of a Design Engineer at Ramind Cold Forge in Vellore?

The estimated take-home salary of a Design Engineer at Ramind Cold Forge in Vellore typically ranges from ₹12,454 to ₹13,801 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 5 salaries received from various employees of Ramind Cold Forge. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ramind Cold Forge for Design Engineer in India?

PEINER SMAG Machinery	₹4.1 Lakhs to ₹6.3 Lakhs per year
Automotive Robotics (India)	₹2.8 Lakhs to ₹5.5 Lakhs per year
Brakes India	₹2.0 Lakhs to ₹6.1 Lakhs per year
ABI Showatech	₹1.7 Lakhs to ₹4.1 Lakhs per year
VPL Industrial Technologies	₹1.2 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ramind Cold Forge, depending on the role and experience level.

How the salary growth look like for a Design Engineer at Ramind Cold Forge in Vellore?

The salary growth for a Design Engineer at Ramind Cold Forge in Vellore depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Vellore can expect the following growth trajectory at Ramind Cold Forge:

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹1.5 Lakhs per year
1 year	₹1.3 Lakhs to ₹2.0 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Ramind Cold Forge Design Engineer Salaries in Vellore

Ramind Cold Forge Design Engineer salary in Vellore ranges between ₹1.3 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ramind Cold Forge latest salaries received from various employees of Ramind Cold Forge.