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SMW Ispat Mechanical Engineer salaries in Wardha

Annual salary range
1 - 4 years exp.
₹3 Lakhs - ₹3.3 Lakhs
Salary of majority employees
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13% less than the average Mechanical Engineer Salary for 1 - 4 years of experience

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Last Updated: 6 Dec 2023

Companies similar to SMW Ispat for Mechanical Engineer in Wardha

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SMW Ispat Mechanical Engineer Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹6.6 L/yr

arrow icon 47% more
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Evonith Metallics Mechanical Engineer Salary

6 - 14 years exp. (6 salaries)

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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 89% more
Mechanical Engineer salary at SMW Ispat ranges between ₹3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of SMW Ispat.

Latest annual salaries shared by SMW Ispat Mechanical Engineer in Wardha

1y ago
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4 years exp.
1y ago
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3 years exp.

Experience wise SMW Ispat Mechanical Engineer salaries in Wardha

Last Updated: 6 Dec 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in SMW Ispat

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₹3 L/yr - ₹4 L/yr
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₹2.2 L/yr - ₹3 L/yr
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₹3 L/yr - ₹3.5 L/yr
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₹3 L/yr - ₹3.5 L/yr

Salary related reviews for SMW Ispat

Production, Manufacturing & Engineering Department

5.0
  •  posted on 06 Jan 2022

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are good, appraisals are fair and the give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Free transport are not allowed.

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 13 Jan 2022

4.0
 for  Salary and Benefits

Likes

...this plant. All department members are supportive and management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +4 more

Dislikes

Salary is decent but career growth is slow.

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 07 Oct 2022

4.0
 for  Salary and Benefits

Likes

If you want to learn more or sharpen your skill than this organization is best for you.

  • Salary - Good
  • +4 more

Dislikes

As it is located at village area, you will have less options to enjoy personal life. But still nagpur is nearest station for weekend.

read more
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SMW Ispat Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at SMW Ispat in Wardha?
The average salary of a Mechanical Engineer at SMW Ispat in Wardha typically ranges from ₹3.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Mechanical Engineer in Wardha at SMW Ispat earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Mechanical Engineer Salaries at SMW Ispat 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 SMW Ispat employees in India.
What is the estimated take home salary of a Mechanical Engineer at SMW Ispat in Wardha?
The estimated take-home salary of a Mechanical Engineer at SMW Ispat in Wardha typically ranges from ₹22,810 to ₹24,282 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 4 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 SMW Ispat. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SMW Ispat for Mechanical Engineer in India?
Evonith Metallics ₹4.5 Lakhs to ₹7.5 Lakhs per year
ArcelorMittal Nippon Steel ₹2.5 Lakhs to ₹6.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SMW Ispat, depending on the role and experience level.
How the salary growth look like for a Mechanical Engineer at SMW Ispat in Wardha?
The salary growth for a Mechanical Engineer at SMW Ispat in Wardha depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Wardha can expect the following growth trajectory at SMW Ispat:

Experience Average Salary Range
1 year ₹2.8 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
and so on.

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SMW Ispat Mechanical Engineer salary in Wardha ranges between ₹3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SMW Ispat latest salaries received from various employees of SMW Ispat.