TVS Sundram Fasteners Material Engineer Salaries by 4 Employees

4 - 6 years exp.

₹3 Lakhs - ₹4.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% less than the average Material Engineer Salary in Auto Components Companies for 4 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to TVS Sundram Fasteners for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Pricol Material Engineer Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹4.1 L/yr 18% less
Bharat Forge Material Engineer Salary 1 - 7 years exp. (4 salaries)	₹5 L/yr - ₹5.8 L/yr 33% more
Login to view exact salary
India Nippon Electricals Material Engineer Salary 2 - 6 years exp. (4 salaries)	₹4.3 L/yr - ₹4.7 L/yr 6% more
Cooper Corporation Material Engineer Salary 0 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹4.3 L/yr 15% less
Hyundai Mobis Material Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹5.5 L/yr 6% less

Material Engineer salary at TVS Sundram Fasteners ranges between ₹3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners.

Experience wise TVS Sundram Fasteners Material Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in TVS Sundram Fasteners

Senior Engineer Salary

(75 salaries)

₹3.7 L/yr - ₹7.88 L/yr

Civil Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Quality Engineer Salary

(195 salaries)

₹1.15 L/yr - ₹6 L/yr

Junior Engineer Salary

(31 salaries)

₹1.6 L/yr - ₹4.4 L/yr

Assistant Engineer Salary

(21 salaries)

₹2.95 L/yr - ₹5.2 L/yr

QA QC Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Project Engineer Salary

(5 salaries)

₹1.92 L/yr - ₹3.4 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Site Incharge Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for TVS Sundram Fasteners

Quality Engineer in Chennai

Full Time

Metallurgical Lab Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

It's a one of the fastest growing company in manufacturing with zero defects. I am happy to work with that.

Salary - Good

+6 more

Dislikes

Increment and bonus are not good. No incentives and benefits and also work pressure is very high

Quality Engineer in Hosur

Quality Assurance Department

5.0

• posted on 29 Oct 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.

Senior Key Account Executive in Chennai

Full Time

OE - Marketing (Key Accounts) Department

4.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

A good learning school & for those who work to the core, company supports very well. Compensation is fair enough to survive that's it we can say.

Job security - Excellent

+2 more

Dislikes

HR doesn't reviews the salary of a person working on a level to the new comer on the same level which causes self disgrace to the existing employment. Allowances are age old which needs to be revised to the present inflation level.

Salary - Poor

+1 more

Quality Inspector in Gummidipoondi

Full Time

Quality Assurance Department

1.0

• posted on 07 Aug 2022

1.0

for Salary and Benefits

Likes

My honest review: poor infrastructure, heavy work low salary, there is no safety, very very worst food(sundram fasteners autolec division). Room to company distance upto 3KM. No transport facility..but its only learning platform.. Contract Employees behaviour very worst...worst Management.. There is no neatness of company.. Its not right place to future grow work.. Bad job security...

Skill development - Good

Dislikes

Overall very bad company...

Salary - Bad

+5 more

VMC Operator Vmc Line Incharge (working remotely)

Full Time

Quality Assurance Department

4.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

This company is very amazing company everyone working in this company should be good company pay high salary company environment is very All the products manufactured in this company are manufactured with high quality

Salary - Good

+4 more

Dislikes

One of the most problematic things is that they don't keep things organized in the company

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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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TVS Sundram Fasteners Material Engineer Salary FAQs

What is the salary of Material Engineer at TVS Sundram Fasteners ?

The average salary of a Material Engineer at TVS Sundram Fasteners in India typically ranges from ₹3.0 Lakhs to ₹4.7 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Material Engineer at TVS Sundram Fasteners earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Material Engineer Salaries at TVS Sundram Fasteners 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 TVS Sundram Fasteners employees in India.

What is the estimated take home salary of a Material Engineer at TVS Sundram Fasteners in India?

The estimated take-home salary of a Material Engineer at TVS Sundram Fasteners in India typically ranges from ₹31,338 to ₹32,633 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from 4 years to 6 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 TVS Sundram Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TVS Sundram Fasteners for Material Engineer in India?

Bharat Forge	₹5.0 Lakhs to ₹5.8 Lakhs per year
India Nippon Electricals	₹4.3 Lakhs to ₹4.7 Lakhs per year

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

What is the salary of a Material Engineer in companies similar to TVS Sundram Fasteners in India?

The salary of a Material Engineer at companies similar to TVS Sundram Fasteners in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hyundai Mobis	₹2.3 Lakhs to ₹5.5 Lakhs per year
Cooper Corporation	₹3.1 Lakhs to ₹4.3 Lakhs per year
Pricol	₹3.0 Lakhs to ₹4.1 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 Material Engineer at TVS Sundram Fasteners in India?

The salary growth for a Material Engineer at TVS Sundram Fasteners depends on factors such as experience, performance, and promotions. On average, a Material Engineer can expect the following growth trajectory at TVS Sundram Fasteners:

Experience	Average Salary Range
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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TVS Sundram Fasteners Material Engineer Salaries

TVS Sundram Fasteners Material Engineer salary in India ranges between ₹3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Sundram Fasteners latest salaries received from various employees of TVS Sundram Fasteners.

TVS Sundram Fasteners Material Engineer salaries in India

Companies similar to TVS Sundram Fasteners for Material Engineer

Latest annual salaries shared by TVS Sundram Fasteners Material Engineer

Experience wise TVS Sundram Fasteners Material Engineer salaries

Similar Designation salaries in TVS Sundram Fasteners

Salary related reviews for TVS Sundram Fasteners

Quality Engineer in Chennai

Quality Engineer in Hosur

Senior Key Account Executive in Chennai

Quality Inspector in Gummidipoondi

VMC Operator Vmc Line Incharge (working remotely)

TVS Sundram Fasteners Material Engineer Salary FAQs

Tell us how to improve this page.