Tefabo new Product Development Engineer Salaries by 5 Employees

5 - 9 years exp.

₹3.7 Lakhs - ₹6.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% 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
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 19% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 126% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 21% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 35% 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

Similar Designation salaries in Tefabo

Production Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹6.8 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

NPD Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹4.8 L/yr

Quality Engineer Salary

(7 salaries)

₹3.24 L/yr - ₹5 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Tefabo

Executive Accountant in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 15 Jan 2025

1.0

for Salary and Benefits

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You can be shifted to junior designation any time. They deduct much amount from your salary in the name of insurance, uniform and welfare fund. But they don't give any benefits. They ask you to work for 14 hrs & some time they work 24 hrs continuously.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tefabo new Product Development Engineer Salary FAQs

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

The average salary of a new Product Development Engineer at Tefabo in India typically ranges from ₹3.7 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of new Product Development Engineer at Tefabo earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. new Product Development Engineer Salaries at Tefabo 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 5 Tefabo employees in India.

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 in India typically ranges from ₹38,520 to ₹39,707 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 salaries received from various employees of Tefabo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tefabo for new Product Development Engineer in India?

HCLTech	₹9.0 Lakhs to ₹16.0 Lakhs per year
Tech Mahindra	₹4.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tefabo, depending on the role and experience level.

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

The salary of a new Product Development Engineer at companies similar to Tefabo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹3.4 Lakhs to ₹7.6 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 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 new Product Development Engineer at Tefabo in India?

The salary growth for a new Product Development Engineer at Tefabo depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Tefabo:

Experience	Average Salary Range
5 years	₹3.7 Lakhs to ₹7.0 Lakhs per year
6 years	₹1.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹2.0 Lakhs to ₹5.4 Lakhs per year
8 years	₹5.4 Lakhs to ₹10.3 Lakhs per year

and so on.

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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.