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Shri Mahavir Ferro Alloys Mechanical Engineer salaries in India

Annual salary range
1 - 10 years exp.
₹1.4 Lakh - ₹3.6 Lakhs
Salary of majority employees
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48% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 1 - 10 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Shri Mahavir Ferro Alloys for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹5 L/yr

arrow icon 42% more
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₹2.8 L/yr - ₹4 L/yr

arrow icon 30% more
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AVON TUBETECH Mechanical Engineer Salary

1 - 4 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.7 L/yr

arrow icon 10% more
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₹0.6 L/yr - ₹4.8 L/yr

arrow icon 39% less
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Bravo Sponge Iron Mechanical Engineer Salary

3 - 6 years exp. (4 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 60% more
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 3% more
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₹3 L/yr - ₹3.6 L/yr

arrow icon 41% more
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Vidushi Wires Mechanical Engineer Salary

1 - 5 years exp. (3 salaries)

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₹1.2 L/yr - ₹3 L/yr

arrow icon 1% less
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Jsl Lifestyle Mechanical Engineer Salary

1 - 6 years exp. (3 salaries)

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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 19% more
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₹3 L/yr - ₹9.2 L/yr

arrow icon 122% more
Mechanical Engineer salary at Shri Mahavir Ferro Alloys ranges between ₹1.4 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Shri Mahavir Ferro Alloys.

Latest annual salaries shared by Shri Mahavir Ferro Alloys Mechanical Engineer

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10 years exp.
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3 years exp.
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9 years exp.
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7 years exp.
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Experience wise Shri Mahavir Ferro Alloys Mechanical Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹3 L/yr
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Similar Designation salaries in Shri Mahavir Ferro Alloys

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₹2.15 L/yr - ₹3 L/yr
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₹4.5 L/yr - ₹5 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹4.08 L/yr - ₹5 L/yr
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₹2.64 L/yr - ₹4 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
Site Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.7 L/yr - ₹3.25 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Salary related reviews for Shri Mahavir Ferro Alloys

3.4

Rated by 5 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 25 Jan 2025

1.0
 for  Salary and Benefits

Likes

No likes

Dislikes

Worst company to work ever. Work timings is from 10am to 7pm which is hell.And salary is below 20k.Precisely 14k and 2k is cut for mess and hostel accommodation.So I get 12k in hand per month.Even a daily wage worker gets 500 rs day.As an engineer 14k per month is comedy.no body knows anything.I don't know how even the people are working here for those low salaries.Nobody here is interested in working here.All people want to leave this company as soon as they get other opportunity. 6 days working days and 1 paid holiday per month. Please I request you all not to even think of joining it. All 5 and 4 star ratings are given are fake.

read more
  • Salary - Bad
  • +6 more

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

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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 😞

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  • Salary - Poor
  • +4 more

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.

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  • 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.

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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

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  • Salary - Bad
  • +5 more

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

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  • Salary - Bad
  • +6 more
see more salary related reviews

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Shri Mahavir Ferro Alloys Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Shri Mahavir Ferro Alloys ?
The average salary of a Mechanical Engineer at Shri Mahavir Ferro Alloys in India typically ranges from ₹1.4 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Mechanical Engineer at Shri Mahavir Ferro Alloys earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Mechanical Engineer Salaries at Shri Mahavir Ferro Alloys 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 10+ Shri Mahavir Ferro Alloys employees in India.
What is the estimated take home salary of a Mechanical Engineer at Shri Mahavir Ferro Alloys in India?
The estimated take-home salary of a Mechanical Engineer at Shri Mahavir Ferro Alloys in India typically ranges from ₹16,804 to ₹18,515 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 10 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 10+ salaries received from various employees of Shri Mahavir Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shri Mahavir Ferro Alloys for Mechanical Engineer in India?
Jindal Group Of Companies ₹3.0 Lakhs to ₹9.2 Lakhs per year
Bravo Sponge Iron ₹2.5 Lakhs to ₹4.5 Lakhs per year
Salasar Techno Engineering ₹1.8 Lakhs to ₹5.0 Lakhs per year
Taurian Engineering ₹3.0 Lakhs to ₹3.6 Lakhs per year
Patton International ₹2.8 Lakhs to ₹4.0 Lakhs per year

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

Jsl Lifestyle ₹2.1 Lakhs to ₹3.6 Lakhs per year
AVON TUBETECH ₹2.3 Lakhs to ₹2.7 Lakhs per year
Kristeel-Shinwa Industries ₹1.4 Lakhs to ₹3.2 Lakhs per year
Vidushi Wires ₹1.2 Lakhs to ₹3.0 Lakhs per year
Ms Agarwal Foundries ₹0.6 Lakhs to ₹4.8 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 Mechanical Engineer at Shri Mahavir Ferro Alloys in India?
The salary growth for a Mechanical Engineer at Shri Mahavir Ferro Alloys depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Shri Mahavir Ferro Alloys:

Experience Average Salary Range
1 year ₹1.4 Lakhs to ₹2.7 Lakhs per year
2 years ₹1.5 Lakhs to ₹2.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.5 Lakhs per year
4 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
and so on.

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Shri Mahavir Ferro Alloys Mechanical Engineer salary in India ranges between ₹1.4 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Shri Mahavir Ferro Alloys latest salaries received from various employees of Shri Mahavir Ferro Alloys.