Renold Chain Tool Room Engineer Salaries by 5 Employees (Updated 2025)

4 - 12 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Salary of majority employees

7% more than the average Tool Room Engineer Salary in Industrial Machinery Companies for 4 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 4 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr
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Procurement & Supply Chain Tool Room Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 8 Jul 2024

Companies similar to Renold Chain for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Timken Tool Room Engineer Salary 2 - 11 years exp. (15 salaries)	₹2.5 L/yr - ₹6.1 L/yr 5% more
Veer-O-- Metals Tool Room Engineer Salary 4 - 8 years exp. (5 salaries)	₹3.2 L/yr - ₹6.9 L/yr 30% more
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Tecumseh Products Tool Room Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.3 L/yr - ₹2.8 L/yr 46% less
Varroc Group Tool Room Engineer Salary 2 - 8 years exp. (41 salaries)	₹2.7 L/yr - ₹5.1 L/yr 1% more
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (47 salaries)	₹2.5 L/yr - ₹5 L/yr 2% more	1 job opening

Tool Room Engineer salary at Renold Chain ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Tool Room Engineer salaries

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Renold Chain

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Engineer Salary

(9 salaries)

₹3.9 L/yr - ₹5.4 L/yr

Quality Engineer Salary

(6 salaries)

₹3 L/yr - ₹4.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Tool Room Supervisor Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Design Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.55 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

CNC Programmer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Renold Chain

2.0

Rated by 1 employees for salary & benefits

Senior Sales Engineer in Karur

Full Time

SALES AND MARKETING Department

3.0

• posted on 14 Feb 2022

1.0

for Salary and Benefits

Likes

Renold is a good company for who wants to start their carrier in manufacturing sector.

Skill development - Excellent

Dislikes

Compensation is very poor. Growth is also very slow. Top management does not value your work and individual's Strength. My best advice doesn't choose Renold.

Salary - Bad

+5 more

Sales & Marketing in India

Sales & Business Development Department

3.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

For junior level people its a food company. Freshers can also work in their initial career just to get some exposure to engineering industry.

Dislikes

There is no job security. Although its a MNC but peoples (mid & senior level managers) are not allowed to take decisions and working culture is exactly like family owned (Lala) company. There is not a single company policy which is in favour of employee, all the policies are designed in such a way that only company will be benefited. I got good increment during my tenure but there are people working since more than 10 years but got increment of 1% 1/2% in this way company is insulating their employees. Only selected people are getting good opportunities to grow.

Salary - Bad

+4 more

Sales in Karur

Sales & Marketing Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is nothing i like about this company... Will not refer anyone here.

Dislikes

Poor management.... Too much politics.... No job security.... No scope for growth....management will never favour employees....

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Renold Chain Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Renold Chain?

Tool Room Engineer salary at Renold Chain in India ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 7% more than the average Tool Room Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Renold Chain India.

How does the salary of a Tool Room Engineer at Renold Chain India compare with the average salary range for this job?

The average salary of a Tool Room Engineer at Renold Chain is 7% more than the average salary of a Tool Room Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Renold Chain to a Tool Room Engineer in India?

Veer-O-- Metals Tool Room Engineer Salary - ₹3.2 Lakhs to ₹6.9 Lakhs per year
Timken Tool Room Engineer Salary - ₹2.5 Lakhs to ₹6.1 Lakhs per year
Shaily Engineering Plastics Ltd Tool Room Engineer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Varroc Group Tool Room Engineer Salary - ₹2.7 Lakhs to ₹5.1 Lakhs per year

What is the salary of a Tool Room Engineer in companies similar to Renold Chain in India?

Tecumseh Products Tool Room Engineer Salary - ₹1.3 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Tool Room Engineer at Renold Chain in India?

The estimated take-home salary of a Tool Room Engineer at Renold Chain ranges between ₹28,166 per month to ₹29,557 per month in India. The take-home salary calculation is based on the average Renold Chain Tool Room Engineer salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Tool Room Engineer at Renold Chain?

According to AmbitionBox, 67% of the Renold Chain Tool Room Engineers reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Renold Chain Tool Room Engineer Salaries

Renold Chain Tool Room Engineer salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Renold Chain latest salaries received from various employees of Renold Chain.