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Vel Castings Engineer salaries in Vellore

Annual salary range
4 - 11 years exp.
₹2.1 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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26% less than the average Engineer Salary for 4 - 11 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Engineer Salary
4 - 11 years exp. (3 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Procurement & Supply Chain
Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 23 Nov 2024

Companies similar to Vel Castings for Engineer in Vellore

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Vel Castings Engineer Salary

4 - 11 years exp. (5 salaries)

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₹2.1 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ABI Showatech Engineer Salary

7 - 17 years exp. (23 salaries)

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₹3.5 L/yr - ₹9.7 L/yr

arrow icon 62% more
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Indo Cool Composites Engineer Salary

1 - 7 years exp. (14 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 35% less
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 26% less
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Foxconn Engineer Salary

3 - 10 years exp. (8 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 43% more
5 job openings
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Turbo Energy Engineer Salary

5 - 12 years exp. (8 salaries)

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₹4 L/yr - ₹7.4 L/yr

arrow icon 52% more
Engineer salary at Vel Castings ranges between ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Vel Castings.

Latest annual salaries shared by Vel Castings Engineer in Vellore

4mo ago
₹4.5 Lakhs
11 years exp.
11mo ago
₹4.5 Lakhs
6 years exp.
11mo ago
₹4 Lakhs
10 years exp.

Experience wise Vel Castings Engineer salaries in Vellore

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
View all

Similar Designation salaries in Vel Castings

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₹3.6 L/yr - ₹4 L/yr
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₹4 L/yr - ₹6 L/yr

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Vel Castings Engineer Salary FAQs

What is the salary of Engineer at Vel Castings in Vellore?
The average salary of a Engineer at Vel Castings in Vellore typically ranges from ₹2.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Engineer in Vellore at Vel Castings earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Engineer Salaries at Vel Castings 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 Vel Castings employees in India.
What is the estimated take home salary of a Engineer at Vel Castings in Vellore?
The estimated take-home salary of a Engineer at Vel Castings in Vellore typically ranges from ₹27,292 to ₹28,696 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 11 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 Vel Castings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Vel Castings for Engineer in India?
ABI Showatech ₹3.5 Lakhs to ₹9.7 Lakhs per year
Turbo Energy ₹4.0 Lakhs to ₹7.4 Lakhs per year
Foxconn ₹3.0 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Vel Castings, depending on the role and experience level.
What is the salary of a Engineer in companies similar to Vel Castings in Vellore?
The salary of a Engineer at companies similar to Vel Castings in Vellore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Malladi Drugs & Pharmaceuticals ₹2.1 Lakhs to ₹3.5 Lakhs per year
Indo Cool Composites ₹2.0 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 Engineer at Vel Castings in Vellore?
The salary growth for a Engineer at Vel Castings in Vellore depends on factors such as experience, performance, and promotions. On average, a Engineer in Vellore can expect the following growth trajectory at Vel Castings:

Experience Average Salary Range
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
7 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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Vel Castings Engineer salary in Vellore ranges between ₹2.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Vel Castings latest salaries received from various employees of Vel Castings.