Shriram Finance Mechanical Engineer Salaries by 3 Employees (Updated 2025)

0 - 4 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Mechanical Engineer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Production, Manufacturing & Engineering Mechanical Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 17 Aug 2024

Companies similar to Shriram Finance for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Mechanical Engineer Salary 0 - 2 years exp. (3 salaries)	₹0.7 L/yr - ₹3 L/yr 37% less
HDFC Bank Mechanical Engineer Salary 4 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 12% more
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ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 15% more
Mahindra Finance Mechanical Engineer Salary 7 - 25 years exp. (3 salaries)	₹1.5 L/yr - ₹3.1 L/yr 7% less
L&T Finance Mechanical Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹5.4 L/yr 36% more
Manappuram Finance Mechanical Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.4 L/yr At par

Mechanical Engineer salary at Shriram Finance ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Mechanical Engineer salaries

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in Shriram Finance

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Executive Engineer Salary

(3 salaries)

₹2.9 L/yr - ₹3.7 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Deputy Manager Salary

(189 salaries)

₹2.5 L/yr - ₹9.4 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹458.2 L/yr - ₹506.4 L/yr

Maintenance Manager Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Officer Salary

(12 salaries)

₹1.7 L/yr - ₹3.35 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Shriram Finance

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Deputy Manager in Indore

Full Time

Business Processing Department

3.0

• posted on 30 May 2021

3.0

for Salary and Benefits

Likes

Salary is always credited on time.

Job security - Good

Dislikes

... employee they have to do GI,LI,FD,RD,Medical Insurance,PA,PL,Sl and collection.Slow growth and salary is very low.

Skill development - Poor

+3 more

Deputy Manager in Tiruchirappalli

BFSI, Investments & Trading Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

I didn't get my recognition because of the management level is worst. Company policies are good but salary hike is only higher level. Proudly saying they give bonus every year.

Company culture - Good

Dislikes

Am worked 8 years of our concern but I didn't get my recognition. Very lower salary given. Career development is zero. There is lot of politics unfortunately I resigned my job.

Skill development - Poor

+4 more

Deputy Manager in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 30 Mar 2019

2.0

for Salary and Benefits

Likes

Skill development and learning in very good Freshers know about NBFC all aspects in this company. Credit policy good.

Skill development - Good

Dislikes

Work life balance very poor. Salary and increment very low. Company reduce incentives certain periodical wise for accounts and Back office peoples

Salary - Poor

+2 more

Business Executive in Tirunelveli

Full Time

Sales & Business Development Department

1.0

• posted on 29 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... politics.will give more pressure but should not give any leave.even in sunday.if your customer did not pay his bill you should pay his emi instead of him.even in sease and sold file (asset sold case).if you have more money or if you are willing to pay another person emi you can join this Shriram finance company limited.and enjoy with them and their politics

Salary - Bad

+6 more

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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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Shriram Finance Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at Shriram Finance?

According to AmbitionBox, 100% of the Shriram Finance Mechanical Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Shriram Finance Mechanical Engineer Salaries

Shriram Finance Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Shriram Finance latest salaries received from various employees of Shriram Finance.