LTIMindtree Chennai Principal Associate Salaries by 60+ Employees (Updated 2025)

10 - 20 years exp.

₹18 Lakhs - ₹49 Lakhs

Salary of majority employees

5% more than the average Principal Associate Salary in IT Services & Consulting Companies for 10 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Associate Salary 10 - 18 years exp. (31 salaries)	₹18.5 L/yr - ₹49 L/yr
Project & Program Management Principal Associate Salary 15 - 19 years exp. (11 salaries)	₹18.7 L/yr - ₹42 L/yr
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Data Science & Analytics Principal Associate Salary 13 - 19 years exp. (6 salaries)	₹22.2 L/yr - ₹46 L/yr
IT & Information Security Principal Associate Salary 12 - 18 years exp. (3 salaries)	₹26 L/yr - ₹40 L/yr
Product Management Principal Associate Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹32.5 L/yr

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Last Updated: 16 Mar 2025

Companies similar to LTIMindtree for Principal Associate in Chennai

LTIMindtree Principal Associate Salary

10 - 20 years exp. (61 salaries)

₹18 L/yr - ₹49 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Principal Associate Salary 8 - 10 years exp. (3 salaries)	₹22 L/yr - ₹29 L/yr 21% less
Sutherland Global Services Principal Associate Salary 11 - 19 years exp. (8 salaries)	₹15 L/yr - ₹32.5 L/yr 39% less
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Piramal Capital Housing Finance Principal Associate Salary 10 - 13 years exp. (4 salaries)	₹40 L/yr - ₹57 L/yr 37% more
AMS Legal Advocates and Solicitors Principal Associate Salary 1 - 2 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr 85% less

Principal Associate salary at LTIMindtree ranges between ₹18 Lakhs to ₹49 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 61 latest salaries received from various employees of LTIMindtree.

Experience wise LTIMindtree Principal Associate salaries in Chennai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹27.7 L/yr - ₹50.2 L/yr
11 years (3 salaries)	₹21 L/yr - ₹34 L/yr
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12 years (3 salaries)	₹26 L/yr - ₹34 L/yr
13 years (6 salaries)	₹18 L/yr - ₹39 L/yr
14 years (5 salaries)	₹20 L/yr - ₹39.5 L/yr
15+ years (43 salaries)	₹18.7 L/yr - ₹49 L/yr

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Top skills at LTIMindtree for Principal Associate

SQL Interpersonal Skills Debugging Architecture Troubleshooting SAP CO Javascript Technical Architecture Programming Coding Performance Tuning Pega Analytical SAP ABAP Software Development Life Cycle

Salary related reviews for LTIMindtree

3.7

Rated by 15 employees for salary & benefits

Principal Associate in Chennai

Full Time

Administration & Facilities Department

4.0

• posted on 19 Dec 2024

2.0

for Salary and Benefits

Likes

"I truly enjoy working here. The company culture is very collaborative and supportive. I appreciate the emphasis on work-life balance and the opportunities for the professional development. I find the work challenging and engaging, and I have the opportunity to work on meaningful projects that make a real impact. My managers are supportive and provide valuable guidance and mentorship. Overall, I'm Proud to be a part of the team at LTIMindtree.

Skill development - Good

+4 more

Dislikes

Compensation and benefits, Long tamers are not considered for future growth.

Salary - Poor

+1 more

Principal Associate in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

Work life balance is fine here till date . Company Culture , work Satisfaction.

Job security - Good

+2 more

Dislikes

No salary hike and promotion for last almost 5 years . Where I am billable from the first day . Feeling depressed sometime here in this situation , When my market correction and Promotion will happen .where I can see my manager manage promotion, but I am not .

Promotions - Bad

Principal Associate in Kolkata

Full Time

IT & Information Security Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

There is no king like hierarchy. Every person is approachable. And the best part is people from any designation jump to help. It's very unique culture that I found in LTIM. Work timings are great.

Salary - Excellent

+6 more

Dislikes

The percentage of yearly salary hike should be more.

Principal Associate in Navi Mumbai

Full Time

Other Department

4.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

I'm grateful to work at a company that provides such a positive and engaging work environment. The managers stand out as some of the most understanding and supportive leaders I've encountered. They consistently challenge me with new opportunities that keep me motivated and allow me to grow. I also have a great team to work with. It is a great place to work, and I truly value being part of this team.

Skill development - Good

+4 more

Dislikes

I feel that the salary and benefits for long-time employees could be more competitive. While the opportunities and environment are great, a better approach to compensation and regular increments would make it an even more rewarding place to work.

Principal Associate in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Dec 2024

4.0

for Salary and Benefits

Likes

Work life balance , no internal politics and people are straight forward. Managers are very good and focused on employee growth along with company growth. Flexibility of physical presence at office for two days.

Salary - Good

+4 more

Dislikes

Sick Leave policy. Variable pay will not be given 100% anytime. Always it is fixed at 80% of committed variable pay.

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What people are saying about LTIMindtree

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lustwanderlust

works at

LTIMindtree

How much CTC should i get ?

Hello I have exact 7 yrs of experience in Java backend tech stack. I have 22LPA Fixed and total CTC. How much should I get CTC in new job ? Currently Market is not ready to pay beyond 27LPA. [Fixed+Varible]

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LTIMindtree Principal Associate Salary FAQs

What is the salary of Principal Associate at LTIMindtree in Chennai?

The average salary of a Principal Associate at LTIMindtree in Chennai typically ranges from ₹18.0 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Principal Associate in Chennai at LTIMindtree earn more than ₹40.8 Lakhs per year, and the top 1% earn over ₹48.9 Lakhs per year. Principal Associate Salaries at LTIMindtree 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 60+ LTIMindtree employees in India.

What is the estimated take home salary of a Principal Associate at LTIMindtree in Chennai?

The estimated take-home salary of a Principal Associate at LTIMindtree in Chennai typically ranges from ₹1,95,488 to ₹2,03,190 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 60+ salaries received from various employees of LTIMindtree. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Associate at LTIMindtree in Chennai?

To be a Principal Associate at LTIMindtree in Chennai, the key skills required include:

- SQL
- Interpersonal Skills
- Debugging
- Architecture
- Troubleshooting

These skills are highly valued at LTIMindtree and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than LTIMindtree for Principal Associate in India?

Piramal Capital Housing Finance

₹40.0 Lakhs to ₹57.0 Lakhs per year

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

What is the salary of a Principal Associate in companies similar to LTIMindtree in Chennai?

The salary of a Principal Associate at companies similar to LTIMindtree in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Accenture	₹22.0 Lakhs to ₹29.0 Lakhs per year
Sutherland Global Services	₹15.0 Lakhs to ₹32.5 Lakhs per year
AMS Legal Advocates and Solicitors	₹3.6 Lakhs to ₹6.0 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 Principal Associate at LTIMindtree in Chennai?

The salary growth for a Principal Associate at LTIMindtree in Chennai depends on factors such as experience, performance, and promotions. On average, a Principal Associate in Chennai can expect the following growth trajectory at LTIMindtree:

Experience	Average Salary Range
10 years	₹27.7 Lakhs to ₹50.2 Lakhs per year
11 years	₹21.0 Lakhs to ₹34.0 Lakhs per year
12 years	₹26.0 Lakhs to ₹34.0 Lakhs per year
13 years	₹18.0 Lakhs to ₹39.0 Lakhs per year

and so on.

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LTIMindtree Principal Associate Salaries in Chennai

LTIMindtree Principal Associate salary in Chennai ranges between ₹18 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 61 LTIMindtree latest salaries received from various employees of LTIMindtree.