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Servomax India Purchase Executive salaries in India

Annual salary range
2 - 5 years exp.
₹3 Lakhs - ₹3.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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14% less than the average Purchase Executive Salary in Industrial Machinery Companies for 2 - 5 years of experience

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Salaries in different departments

Procurement & Supply Chain
Purchase Executive Salary
2 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹3.8 L/yr

Production, Manufacturing & Engineering
Purchase Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 2 Apr 2023

Companies similar to Servomax India for Purchase Executive

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹5 L/yr

arrow icon 26% more
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Trelleborg Purchase Executive Salary

4 - 11 years exp. (9 salaries)

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₹3.7 L/yr - ₹4.8 L/yr

arrow icon 34% more
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₹2.1 L/yr - ₹5 L/yr

arrow icon 16% less
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₹3.9 L/yr - ₹8.1 L/yr

arrow icon 63% more
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₹5.1 L/yr - ₹8.8 L/yr

arrow icon 88% more
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Goma Engineering Purchase Executive Salary

5 - 14 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 8% less
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Danblock Brakes Purchase Executive Salary

2 - 4 years exp. (4 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 26% more
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PMT Machines Purchase Executive Salary

1 - 3 years exp. (4 salaries)

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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 15% less
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₹2 L/yr - ₹3.8 L/yr

arrow icon 20% less
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₹4 L/yr - ₹5 L/yr

arrow icon 38% more
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Rotostat Services Purchase Executive Salary

0 - 3 years exp. (3 salaries)

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₹2.8 L/yr - ₹3.5 L/yr

arrow icon 7% less
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₹3.5 L/yr - ₹5.5 L/yr

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HMT Machine Tools Purchase Executive Salary

3 - 6 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 35% less
Purchase Executive salary at Servomax India ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Servomax India.

Latest annual salaries shared by Servomax India Purchase Executive

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5 years exp.
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2 years exp.

Experience wise Servomax India Purchase Executive salaries

Last Updated: 2 Apr 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Servomax India

Senior Purchase Executive Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Purchase Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Salary related reviews for Servomax India

5.0

Rated by 1 employees for salary & benefits

Production, Manufacturing & Engineering Department

3.0
  •  posted on 09 Aug 2020

4.0
 for  Salary and Benefits

Likes

In company good work. Experience, culture also good. Company name was very papulated in India. Here benefits and facilities also good.

read more
  • Salary - Good
  • +3 more

Dislikes

In here salary was late ,no job security, management also not good, EPF also proper time not paid. if resign not give salary due to clear the outstandings.

read more
  • Job security - Poor
  • +1 more

Research & Development Department

5.0
  •  posted on 29 Jan 2018

3.0
 for  Salary and Benefits

Likes

I happy to that I am one of the family member of servomax company.it is INDIAS only one of largest Servo Stabilizers manufacturing company and it also includes manufacturing of Power saver's, Transformers,Power factor controllers,Electrical and electronic pannels,and IGBT static stabilizers.good respect from customers, regards service and products

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  • Skill development - Good
  • +3 more

Dislikes

NILL

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Servomax India Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Servomax India ?
The average salary of a Purchase Executive at Servomax India in India typically ranges from ₹3.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Purchase Executive at Servomax India earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Purchase Executive Salaries at Servomax India 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 4 Servomax India employees in India.
What is the estimated take home salary of a Purchase Executive at Servomax India in India?
The estimated take-home salary of a Purchase Executive at Servomax India in India typically ranges from ₹23,970 to ₹25,424 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Servomax India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Servomax India for Purchase Executive in India?
SPX Flow Technology ₹5.1 Lakhs to ₹8.8 Lakhs per year
Nelson Global Products ₹3.9 Lakhs to ₹8.1 Lakhs per year
Liebherr Appliances India ₹3.5 Lakhs to ₹5.5 Lakhs per year
Case New-Holland Construction Equipment India ₹4.0 Lakhs to ₹5.0 Lakhs per year
Trelleborg ₹3.7 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Servomax India, depending on the role and experience level.
What is the salary of a Purchase Executive in companies similar to Servomax India in India?
The salary of a Purchase Executive at companies similar to Servomax India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Danblock Brakes ₹3.3 Lakhs to ₹5.0 Lakhs per year
Ajay Industrial Corporation ₹2.4 Lakhs to ₹5.0 Lakhs per year
Rotostat Services ₹2.8 Lakhs to ₹3.5 Lakhs per year
Goma Engineering ₹2.4 Lakhs to ₹3.5 Lakhs per year
PMT Machines ₹2.3 Lakhs to ₹4.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Purchase Executive at Servomax India in India?
The salary growth for a Purchase Executive at Servomax India depends on factors such as experience, performance, and promotions. On average, a Purchase Executive can expect the following growth trajectory at Servomax India:

Experience Average Salary Range
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
and so on.

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Servomax India Purchase Executive salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Servomax India latest salaries received from various employees of Servomax India.