Thermax Limited Pune Mechanical Technician Salaries by 6 Employees

3 - 9 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Mechanical Technician Salary in Industrial Machinery Companies for 3 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Thermax Limited for Mechanical Technician in Pune

Thermax Limited Mechanical Technician Salary

3 - 9 years exp. (6 salaries)

₹2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Cummins Mechanical Technician Salary 2 - 5 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 9% less	1 job opening
John Deere Mechanical Technician Salary 2 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 17% less
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Tata Motors Mechanical Technician Salary 1 - 8 years exp. (16 salaries)	₹1.1 L/yr - ₹4.5 L/yr 1% less
Senvion Mechanical Technician Salary 4 - 8 years exp. (9 salaries)	₹2.8 L/yr - ₹3.2 L/yr 8% more
Mahindra & Mahindra Mechanical Technician Salary 1 - 6 years exp. (9 salaries)	₹1 L/yr - ₹3 L/yr 28% less

Mechanical Technician salary at Thermax Limited ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Mechanical Technician salaries in Pune

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

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Similar Designation salaries in Thermax Limited

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ITI Electrician Salary

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Salary related reviews for Thermax Limited

Electrical Technician in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Nov 2023

5.0

for Salary and Benefits

Likes

1) I had good opportunity to work under a good management which use to take care of employees. 2) I had a free hand in working. 3) I was always challenged with new task, with a step ahead from my position, that help me groom into position I did.

Salary - Excellent

+6 more

Dislikes

Salary was low side,

Assistant Engineer in Sirohi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Oct 2023

1.0

for Salary and Benefits

Likes

I am quite happy to have worked in Thermax, or I have got a lot of experience in Thermax which will make my future better

Skill development - Excellent

+5 more

Dislikes

Salary structure is not goog for thermax engineering, and senior management underestimate our work preformence

Salary - Bad

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 more

Mechanical Engineer in Pune

Power Department

4.0

• posted on 08 Jan 2019

5.0

for Salary and Benefits

Likes

Good Working culture, Safety rules is the main thing, quality wise and time to time to get a salary.

Salary - Excellent

+6 more

Dislikes

For married person's difficult to survive due to every one year transfer to another location so that sacrifice your family. For Bachelor's this is the best company.

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

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Salary Discussions, Hike & Promotions

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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Thermax Limited Mechanical Technician Salary FAQs

What is the salary of Mechanical Technician at Thermax Limited in Pune?

The average salary of a Mechanical Technician at Thermax Limited in Pune typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Mechanical Technician in Pune at Thermax Limited earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Mechanical Technician Salaries at Thermax Limited 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 6 Thermax Limited employees in India.

What is the estimated take home salary of a Mechanical Technician at Thermax Limited in Pune?

The estimated take-home salary of a Mechanical Technician at Thermax Limited in Pune typically ranges from ₹19,499 to ₹21,170 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 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 6 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Thermax Limited for Mechanical Technician in India?

Senvion

₹2.8 Lakhs to ₹3.2 Lakhs per year

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

What is the salary of a Mechanical Technician in companies similar to Thermax Limited in Pune?

The salary of a Mechanical Technician at companies similar to Thermax Limited in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Motors	₹1.1 Lakhs to ₹4.5 Lakhs per year
Cummins	₹2.0 Lakhs to ₹3.0 Lakhs per year
John Deere	₹1.8 Lakhs to ₹2.5 Lakhs per year
Mahindra & Mahindra	₹1.0 Lakhs to ₹3.0 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 Mechanical Technician at Thermax Limited in Pune?

The salary growth for a Mechanical Technician at Thermax Limited in Pune depends on factors such as experience, performance, and promotions. On average, a Mechanical Technician in Pune can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Thermax Limited Mechanical Technician Salaries in Pune

Thermax Limited Mechanical Technician salary in Pune ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Thermax Limited latest salaries received from various employees of Thermax Limited.