Victora Tool Engineers Faridabad Mechanical Engineer Salaries by 10 Employees

1 - 9 years exp.

₹2.1 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Mechanical Engineer Salary in Auto Components Companies for 1 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 2 - 9 years exp. (7 salaries)	₹2.1 L/yr - ₹4.1 L/yr
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Quality Assurance Mechanical Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3.4 L/yr

Last Updated: 13 Feb 2024

Companies similar to Victora Tool Engineers for Mechanical Engineer in Faridabad

Victora Tool Engineers Mechanical Engineer Salary

1 - 9 years exp. (10 salaries)

₹2.1 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Indo Autotech Mechanical Engineer Salary 1 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹4 L/yr 4% more
Escorts Kubota Limited Mechanical Engineer Salary 0 - 6 years exp. (57 salaries)	₹1.4 L/yr - ₹4.5 L/yr 2% less
Login to view exact salary
Sanden Vikas Mechanical Engineer Salary 2 - 10 years exp. (26 salaries)	₹1.4 L/yr - ₹4.5 L/yr 10% more
Star Wire India Mechanical Engineer Salary 1 - 7 years exp. (15 salaries)	₹3.1 L/yr - ₹6 L/yr 36% more
Poly Medicure Mechanical Engineer Salary 1 - 7 years exp. (14 salaries)	₹2.3 L/yr - ₹4 L/yr 6% more

Mechanical Engineer salary at Victora Tool Engineers ranges between ₹2.1 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Victora Tool Engineers.

Experience wise Victora Tool Engineers Mechanical Engineer salaries in Faridabad

Last Updated: 13 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
2 years (3 salaries)	₹2.1 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

View all

Similar Designation salaries in Victora Tool Engineers

Senior Engineer Salary

(20 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Production Engineer Salary

(19 salaries)

₹2 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(13 salaries)

₹1.65 L/yr - ₹3 L/yr

Maintenance Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Electrical Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Salary related reviews for Victora Tool Engineers

4.2

Rated by 2 employees for salary & benefits

Manager PPC in Faridabad

Full Time

Procurement & Supply Chain Department

5.0

• posted on 15 Jun 2023

3.0

for Salary and Benefits

Likes

Company is a great place to work & friendly working environment.the seniors are very supporting in nature.

Skill development - Good

+5 more

Dislikes

Company will increase salary of old employees when he is keep good knowledge of work in department

QA Engineer in Faridabad

Full Time

Quality Assurance Department

4.0

• posted on 28 Jun 2018

4.0

for Salary and Benefits

Likes

There are lots of things ..opportunity to learning n improve knowledge under guidelines of seniors ..healthy working environment n all ..

Salary - Good

+5 more

Dislikes

...r fresher or they r joined here as fresher they don’t get much more salary ...so I thought salary growth unsatisfactory..

Graduate Engineer Trainee (Get) in Faridabad

Maintenance Department

1.0

• posted on 04 Aug 2020

1.0

for Salary and Benefits

Likes

They didn't give salary during 2 months of lockdown.

Dislikes

if you are a B tech graduate(fresher) then this company is not for you. You will get your salary in cash like a daily labour. There will no proof of your employment. They will say , Now you are in company off role, After one year they will will make you on role but not such agreement they going to do. So you can't complain them if they won't make you permanent.

Salary - Bad

+6 more

PDI Inspector in Ballabhgarh

Finance & Accounting Department

5.0

• posted on 22 Aug 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Good career for company for man .I like for victora tool engineering work.on the job training is given to new joiners.

AM, NPD-VD in Faridabad

Finance & Accounting Department

5.0

• posted on 21 May 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give less salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 3 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

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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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Victora Tool Engineers Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Victora Tool Engineers in Faridabad?

The average salary of a Mechanical Engineer at Victora Tool Engineers in Faridabad typically ranges from ₹2.1 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Mechanical Engineer in Faridabad at Victora Tool Engineers earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Mechanical Engineer Salaries at Victora Tool Engineers 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 10 Victora Tool Engineers employees in India.

What is the estimated take home salary of a Mechanical Engineer at Victora Tool Engineers in Faridabad?

The estimated take-home salary of a Mechanical Engineer at Victora Tool Engineers in Faridabad typically ranges from ₹20,545 to ₹22,200 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year 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 10 salaries received from various employees of Victora Tool Engineers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Victora Tool Engineers for Mechanical Engineer in India?

Star Wire India	₹3.1 Lakhs to ₹6.0 Lakhs per year
Sanden Vikas	₹1.4 Lakhs to ₹4.5 Lakhs per year
Poly Medicure	₹2.3 Lakhs to ₹4.0 Lakhs per year
Indo Autotech	₹1.8 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Victora Tool Engineers in Faridabad?

The salary of a Mechanical Engineer at companies similar to Victora Tool Engineers in Faridabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Escorts Kubota Limited

₹1.4 Lakhs to ₹4.5 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 Engineer at Victora Tool Engineers in Faridabad?

The salary growth for a Mechanical Engineer at Victora Tool Engineers in Faridabad depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Faridabad can expect the following growth trajectory at Victora Tool Engineers:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.1 Lakhs to ₹4.4 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.1 Lakhs to ₹3.5 Lakhs per year

and so on.

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Victora Tool Engineers Mechanical Engineer Salaries in Faridabad

Victora Tool Engineers Mechanical Engineer salary in Faridabad ranges between ₹2.1 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Victora Tool Engineers latest salaries received from various employees of Victora Tool Engineers.