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Setco Spindles India Service Engineer salaries in India

Annual salary range
3 - 6 years exp.
₹4 Lakhs - ₹4.5 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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Fixed (89%)
₹3.8 Lakhs
Variable (11%)
₹0.5 Lakh
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At par with the average Service Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Engineer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Production, Manufacturing & Engineering
Service Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 30 Dec 2024

Companies similar to Setco Spindles India for Service Engineer

Company name Avg Annual Salary Open Jobs
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Mehta Cad Cam Systems Service Engineer Salary

0 - 6 years exp. (124 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

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Inductotherm Service Engineer Salary

1 - 10 years exp. (50 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 22% more
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₹2.2 L/yr - ₹8.2 L/yr

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Rotostat Services Service Engineer Salary

0 - 5 years exp. (11 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 13% less
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ITL Industries Service Engineer Salary

4 - 7 years exp. (6 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 28% less
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UNI Klinger Service Engineer Salary

3 - 7 years exp. (6 salaries)

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₹4.3 L/yr - ₹6.5 L/yr

arrow icon 22% more
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PMT Machines Service Engineer Salary

4 - 7 years exp. (6 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 3% more
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Ok Play Service Engineer Salary

1 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 41% less
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HMT Machine Tools Service Engineer Salary

9 - 14 years exp. (5 salaries)

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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 10% more
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₹4.5 L/yr - ₹7 L/yr

arrow icon 32% more
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₹2.5 L/yr - ₹3 L/yr

arrow icon 33% less
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Sidel Service Engineer Salary

6 - 10 years exp. (3 salaries)

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₹5 L/yr - ₹9.6 L/yr

arrow icon 97% more
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Kelvion Service Engineer Salary

5 - 6 years exp. (3 salaries)

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₹3.6 L/yr - ₹5.5 L/yr

arrow icon 1% less
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Patil Automation Service Engineer Salary

0 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.2 L/yr

arrow icon 54% less
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KHD Humboldt Wedag Service Engineer Salary

1 - 7 years exp. (3 salaries)

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₹4.8 L/yr - ₹10.3 L/yr

arrow icon 89% more
Service Engineer salary at Setco Spindles India ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Setco Spindles India.

Latest annual salaries shared by Setco Spindles India Service Engineer

2w ago
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6 years exp.
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Experience wise Setco Spindles India Service Engineer salaries

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Setco Spindles India

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₹4 L/yr - ₹4.6 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹3.2 L/yr - ₹4.5 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Supervisor Salary
(3 salaries)
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₹2.8 L/yr - ₹3.2 L/yr
Technician Salary
(3 salaries)
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₹2 L/yr - ₹4.9 L/yr
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₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for Setco Spindles India

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales Department

5.0
  •  posted on 18 May 2022

3.0
 for  Salary and Benefits

Likes

Have all the freedom of taking decisions and excute them. If it fails you will encourage in right direction. Management is supportive if you are following the core values set by the organisation.

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  • Skill development - Good
  • +4 more

Dislikes

Nothing

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Setco Spindles India Service Engineer Salary FAQs

What is the salary of Service Engineer at Setco Spindles India ?
The average salary of a Service Engineer at Setco Spindles India in India typically ranges from ₹4.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Service Engineer at Setco Spindles India earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Service Engineer Salaries at Setco Spindles 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 Setco Spindles India employees in India.
What is the estimated take home salary of a Service Engineer at Setco Spindles India in India?
The estimated take-home salary of a Service Engineer at Setco Spindles India in India typically ranges from ₹31,543 to ₹32,834 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 Setco Spindles India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Setco Spindles India for Service Engineer in India?
Sidel ₹5.0 Lakhs to ₹9.6 Lakhs per year
KHD Humboldt Wedag ₹4.8 Lakhs to ₹10.3 Lakhs per year
Mitsubishi Heavy Industries ₹4.5 Lakhs to ₹7.0 Lakhs per year
UNI Klinger ₹4.3 Lakhs to ₹6.5 Lakhs per year
Inductotherm ₹2.4 Lakhs to ₹9.0 Lakhs per year

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

HMT Machine Tools ₹3.6 Lakhs to ₹6.5 Lakhs per year
PMT Machines ₹3.5 Lakhs to ₹5.5 Lakhs per year
Kelvion ₹3.6 Lakhs to ₹5.5 Lakhs per year
Case New-Holland Construction Equipment India ₹2.2 Lakhs to ₹8.2 Lakhs per year
Rotostat Services ₹2.4 Lakhs to ₹5.0 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 Service Engineer at Setco Spindles India in India?
The salary growth for a Service Engineer at Setco Spindles India depends on factors such as experience, performance, and promotions. On average, a Service Engineer can expect the following growth trajectory at Setco Spindles India:

Experience Average Salary Range
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

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Setco Spindles India Service Engineer salary in India ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Setco Spindles India latest salaries received from various employees of Setco Spindles India.