Victory Plant Machinery Ranchi Mechanical Engineer Salaries by 3 Employees (Updated 2024)

4 - 8 years exp.

₹2.1 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 4 - 8 years of experience

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Last Updated: 31 Dec 2023

Companies similar to Victory Plant Machinery for Mechanical Engineer in Ranchi

Victory Plant Machinery Mechanical Engineer Salary

4 - 8 years exp. (3 salaries)

₹2.1 L/yr - ₹2.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Usha Martin Mechanical Engineer Salary 2 - 10 years exp. (8 salaries)	₹3.9 L/yr - ₹6 L/yr 110% more
Heavy Engineering Corporation Mechanical Engineer Salary 5 - 16 years exp. (6 salaries)	₹1.8 L/yr - ₹13.2 L/yr 226% more
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Shapoorji Pallonji Group Mechanical Engineer Salary 6 - 11 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 143% more
Brahmaputra Metallics Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 48% more
Bhavani Erectors Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 58% more

Mechanical Engineer salary at Victory Plant Machinery ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Victory Plant Machinery.

Experience wise Victory Plant Machinery Mechanical Engineer salaries in Ranchi

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Victory Plant Machinery Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at Victory Plant Machinery in Ranchi?

According to AmbitionBox, 100% of the Victory Plant Machinery Mechanical Engineers in Ranchi reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Victory Plant Machinery Mechanical Engineer Salaries in Ranchi

Victory Plant Machinery Mechanical Engineer salary in Ranchi ranges between ₹2.1 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Victory Plant Machinery latest salaries received from various employees of Victory Plant Machinery.