Tefabo new Product Development Engineer Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹3.7 Lakhs - ₹6.4 Lakhs

Salary of majority employees

28% more than the average new Product Development Engineer Salary for 5 - 9 years of experience

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Last Updated: 24 Mar 2023

Companies similar to Tefabo for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 1% less
HCLTech new Product Development Engineer Salary 0 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.1 L/yr 78% more
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Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 19% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (73 salaries)	₹2.7 L/yr - ₹5.7 L/yr 23% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 37% less

new Product Development Engineer salary at Tefabo ranges between ₹3.7 Lakhs to ₹6.4 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Tefabo.

Experience wise Tefabo new Product Development Engineer salaries

Last Updated: 24 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.4 L/yr

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₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

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₹5.7 L/yr - ₹7.2 L/yr

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Junior Engineer Salary

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₹2.7 L/yr - ₹3.5 L/yr

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Tefabo new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Tefabo?

new Product Development Engineer salary at Tefabo in India ranges between ₹3.7 Lakhs to ₹6.4 Lakhs for experience between 5 years to 9 years. According to our estimates it is 28% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tefabo India.

How does the salary of a new Product Development Engineer at Tefabo India compare with the average salary range for this job?

The average salary of a new Product Development Engineer at Tefabo is 28% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tefabo to a new Product Development Engineer in India?

HCLTech new Product Development Engineer Salary - ₹5.0 Lakhs to ₹13.1 Lakhs per year
Tech Mahindra new Product Development Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Tefabo in India?

TCS new Product Development Engineer Salary - ₹3.4 Lakhs to ₹7.6 Lakhs per year
INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Tefabo in India?

The estimated take-home salary of a new Product Development Engineer at Tefabo ranges between ₹38,520 per month to ₹39,707 per month in India. The take-home salary calculation is based on the average Tefabo new Product Development Engineer salary in India which ranges between ₹3.7 Lakhs to ₹6.4 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Tefabo?

According to AmbitionBox, 100% of the Tefabo new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Tefabo new Product Development Engineer Salaries

Tefabo new Product Development Engineer salary in India ranges between ₹3.7 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tefabo latest salaries received from various employees of Tefabo.