Shri Mahavir Ferro Alloys Assistant Manager Salaries by 20+ Employees (Updated 2025)

3 - 16 years exp.

₹2.4 Lakhs - ₹7.2 Lakhs

Salary of majority employees

Fixed (90%)

₹4.8 Lakhs

Variable (10%)

₹0.6 Lakh

36% less than the average Assistant Manager Salary in Iron & Steel Companies for 3 - 16 years of experience

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Last Updated: 5 Mar 2025

Companies similar to Shri Mahavir Ferro Alloys for Assistant Manager

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Joshi Jampala Engineering Assistant Manager Salary 5 - 21 years exp. (4 salaries)	₹4 L/yr - ₹8.7 L/yr 22% more
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Assistant Manager salary at Shri Mahavir Ferro Alloys ranges between ₹2.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 25 latest salaries received from various employees of Shri Mahavir Ferro Alloys.

Experience wise Shri Mahavir Ferro Alloys Assistant Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.7 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
8 years (4 salaries)	₹2.4 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.4 L/yr
10 years (4 salaries)	₹2.2 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
13 years (4 salaries)	₹4.3 L/yr - ₹6.6 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹6 L/yr
15+ years (3 salaries)	₹4.2 L/yr - ₹7.2 L/yr

View all

Similar Designation salaries in Shri Mahavir Ferro Alloys

Assistant Store Manager Salary

(3 salaries)

₹3 L/yr - ₹6 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹0.8 L/yr - ₹1 L/yr

Operations Manager Salary

(3 salaries)

₹4.8 L/yr - ₹5.4 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(9 salaries)

₹3.85 L/yr - ₹11.9 L/yr

Sales Manager Salary

(4 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Senior Officer Salary

(4 salaries)

₹2 L/yr - ₹2.4 L/yr

Salary related reviews for Shri Mahavir Ferro Alloys

2.9

Rated by 7 employees for salary & benefits

Assistant Manager Electrical in Rourkela

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Dec 2023

2.0

for Salary and Benefits

Likes

It's a good and reputed company ..i am grateful to work here ..as i was passing my iti ..I started working here as a foreman.. overall good company

Dislikes

...re no basic hike ...as and when ..i promoted as a manager still I paid less ....i given my so many years to this company but no bonus and no appreciation provided 😞

Salary - Poor

+4 more

Graduate Engineer Trainee (Get) in Rourkela

Full Time

Other Department

4.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

The project that is going on in the plant helps to learn about the machines, it's work principle, any defects to be noticed when the machine stops and also helps in learning how to manage projects.

Skill development - Good

+2 more

Dislikes

...very long and the timing is so odd that the whole day gets wasted in the office. And the salary is given on 7th of the month.

Assistant Data Analysis Manager in Rourkela

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to like They will never let you go

Job security - Excellent

Dislikes

No Employee management No salary on time Make you do any kind of work not in jd Nothing much to learn and take away from here They will not give offer letter

Salary - Bad

+5 more

Passing Officer in Rourkela

Full Time

Procurement & Supply Chain Department

1.0

• posted on 07 Apr 2023

1.0

for Salary and Benefits

Likes

A BIG ZERO ZERO NOTHING TO LIKE

Dislikes

WORST COMPANY UTILIZING LOCAL STAFF PEOPLE AS THEIR ASSETS USED TILL THEY CONSUMED FROM THE STAFF FOR WHAT THEY GAVE SALARY.SALARY GIVEN BY COMPANY IS ONLY FOR BREAD AND BUTTER YOU CAN'T SAVE FOR YOUR FUTURE GROWTH ALL SALARY WILL BE GONE IN MAINTAINING FOOD AND SHELTER

Salary - Bad

+6 more

Billing Operator in Rourkela

Full Time

Quality Assurance Department

1.0

• posted on 20 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to like in this company it's all over a very big plant with very bad management.

Dislikes

Job not secure here. No good salary, no safety measures follow, no bonus not future safe of employees and labour.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

1w (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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Shri Mahavir Ferro Alloys Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Shri Mahavir Ferro Alloys?

Assistant Manager salary at Shri Mahavir Ferro Alloys in India ranges between ₹2.4 Lakhs to ₹7.2 Lakhs for experience between 3 years to 16 years. According to our estimates it is 36% less than the average Assistant Manager Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Shri Mahavir Ferro Alloys India.

How does the salary of a Assistant Manager at Shri Mahavir Ferro Alloys India compare with the average salary range for this job?

The average salary of a Assistant Manager at Shri Mahavir Ferro Alloys is 36% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shri Mahavir Ferro Alloys to a Assistant Manager in India?

Nalco Assistant Manager Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
Steel Authority Of India Assistant Manager Salary - ₹7.2 Lakhs to ₹21.4 Lakhs per year
MOIL Assistant Manager Salary - ₹3.0 Lakhs to ₹20.0 Lakhs per year
Vedanta Limited Assistant Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Hindustan Zinc Assistant Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Shri Mahavir Ferro Alloys in India?

Hindalco Industries Assistant Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
Vedanta Resources Assistant Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Tata Steel Assistant Manager Salary - ₹5.2 Lakhs to ₹15.5 Lakhs per year
Jindal Steel and Power Assistant Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Jindal Group Of Companies Assistant Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Shri Mahavir Ferro Alloys in India?

The estimated take-home salary of a Assistant Manager at Shri Mahavir Ferro Alloys ranges between ₹40,590 per month to ₹41,747 per month in India. The take-home salary calculation is based on the average Shri Mahavir Ferro Alloys Assistant Manager salary in India which ranges between ₹2.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Shri Mahavir Ferro Alloys?

According to AmbitionBox, 71% of the Shri Mahavir Ferro Alloys Assistant Managers reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Shri Mahavir Ferro Alloys Assistant Manager Salaries

Shri Mahavir Ferro Alloys Assistant Manager salary in India ranges between ₹2.4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Shri Mahavir Ferro Alloys latest salaries received from various employees of Shri Mahavir Ferro Alloys.