Shri Balaji Industrial Products Indore Mechanical Engineer Salaries by 2 Employees

9 - 10 years exp.

₹4.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 9 Jun 2024

Companies similar to Shri Balaji Industrial Products for Mechanical Engineer in Indore

Shri Balaji Industrial Products Mechanical Engineer Salary

9 - 10 years exp. (AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Force Motors Mechanical Engineer Salary 1 - 11 years exp. (31 salaries)	₹2 L/yr - ₹5.8 L/yr 10% less
Larsen & Toubro Limited Mechanical Engineer Salary 1 - 10 years exp. (16 salaries)	₹1.8 L/yr - ₹9.5 L/yr 23% more	1 job opening
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L&T Construction Mechanical Engineer Salary 2 - 7 years exp. (14 salaries)	₹3.5 L/yr - ₹9 L/yr 52% more
Dilip Buildcon Mechanical Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.8 L/yr - ₹6 L/yr 1% less
VE Commercial Vehicles Mechanical Engineer Salary 1 - 5 years exp. (9 salaries)	₹2.1 L/yr - ₹3.6 L/yr 36% less

Mechanical Engineer salary at Shri Balaji Industrial Products ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Shri Balaji Industrial Products.

Salary related reviews for Shri Balaji Industrial Products

Accounts & Finance Manager in Bhilai Nagar

Full Time

Finance & Accounting Department

1.0

• posted on 26 Feb 2025

3.0

for Salary and Benefits

Likes

No likes only you can go hone on time, or before if you have good connections with senior staff

Work-life balance - Good

Dislikes

Many reasons to dislike, every staff is abusive, if 1 do the wrong and you oppose many will come in support of wrong, u have no work to do just clerical, no scope of progress, every body do as their will, u have to approach them for 1 work for 2 months and still undone

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

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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Shri Balaji Industrial Products Mechanical Engineer Salary FAQs

How the salary growth look like for a Mechanical Engineer at Shri Balaji Industrial Products in Indore?

The salary growth for a Mechanical Engineer at Shri Balaji Industrial Products in Indore depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Indore can expect the following growth trajectory at Shri Balaji Industrial Products:

Experience	Average Salary Range
9 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Shri Balaji Industrial Products Mechanical Engineer Salaries in Indore

Shri Balaji Industrial Products Mechanical Engineer salary in Indore ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Shri Balaji Industrial Products.