LTIMindtree Mumbai Principal Associate Salaries by 20+ Employees (Updated 2025)

10 - 20 years exp.

₹22 Lakhs - ₹45 Lakhs

Salary of majority employees

Fixed (89%)

₹28.8 Lakhs

Variable (11%)

₹3.5 Lakhs

5% less 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 13 - 18 years exp. (8 salaries)	₹24.9 L/yr - ₹44 L/yr
Project & Program Management Principal Associate Salary 12 - 20 years exp. (4 salaries)	₹23 L/yr - ₹35 L/yr
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BFSI, Investments & Trading Principal Associate Salary 16 - 20 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹39 L/yr
IT & Information Security Principal Associate Salary 12 - 16 years exp. (AmbitionBox Estimate)	₹31 L/yr - ₹35.8 L/yr
Consulting Principal Associate Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹26.5 L/yr - ₹42 L/yr

Last Updated: 18 Feb 2025

Companies similar to LTIMindtree for Principal Associate in Mumbai

LTIMindtree Principal Associate Salary

10 - 20 years exp. (25 salaries)

₹22 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
Bristlecone Principal Associate Salary 7 - 17 years exp. (20 salaries)	₹13.3 L/yr - ₹36 L/yr 6% less
Khaitan & Co Principal Associate Salary 6 - 14 years exp. (10 salaries)	₹30 L/yr - ₹1 Cr/yr 77% more
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Piramal Capital Housing Finance Principal Associate Salary 10 - 14 years exp. (8 salaries)	₹30 L/yr - ₹55 L/yr 37% more
Kochhar & Co. Principal Associate Salary 7 - 14 years exp. (7 salaries)	₹14 L/yr - ₹29 L/yr 22% less
Economic Laws Practice Principal Associate Salary 6 - 10 years exp. (7 salaries)	₹20 L/yr - ₹45 L/yr 8% less

Principal Associate salary at LTIMindtree ranges between ₹22 Lakhs to ₹45 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 25 latest salaries received from various employees of LTIMindtree.

Experience wise LTIMindtree Principal Associate salaries in Mumbai

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹22.2 L/yr - ₹50.7 L/yr
11 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
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12 years (AmbitionBox Estimate)	₹28 L/yr - ₹31 L/yr
13 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹44 L/yr
14 years (4 salaries)	₹22 L/yr - ₹42 L/yr
15+ years (16 salaries)	₹23 L/yr - ₹45 L/yr

View all

Similar Designation salaries in LTIMindtree

Legal Specialist Salary

(3 salaries)

₹11.5 L/yr - ₹13.7 L/yr

Senior Legal Executive Salary

(3 salaries)

₹12 L/yr - ₹13.1 L/yr

Top skills at LTIMindtree for Principal Associate

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

Salary related reviews for LTIMindtree

3.6

Rated by 18 employees for salary & benefits

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 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

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.

see more salary related reviews

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LTIMindtree Principal Associate Salary FAQs

What is the salary of Principal Associate at LTIMindtree Mumbai?

Principal Associate salary at LTIMindtree in Mumbai ranges between ₹22.0 Lakhs to ₹45.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 5% less than the average Principal Associate Salary in India. Salary estimates are based on 25 latest salaries received from various employees of LTIMindtree Mumbai.

How does the salary of a Principal Associate at LTIMindtree Mumbai compare with the average salary range for this job?

The average salary of a Principal Associate at LTIMindtree is 5% less than the average salary of a Principal Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Associate at LTIMindtree?

SQL, Interpersonal Skills, Debugging, Architecture and Javascript are some of the popular skills required to work as a Principal Associate at LTIMindtree Mumbai.

Which similar companies are paying more than LTIMindtree to a Principal Associate in Mumbai?

Khaitan & Co Principal Associate Salary - ₹30.0 Lakhs to ₹100.0 Lakhs per year
Piramal Capital Housing Finance Principal Associate Salary - ₹30.0 Lakhs to ₹55.0 Lakhs per year

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

Bristlecone Principal Associate Salary - ₹13.3 Lakhs to ₹36.0 Lakhs per year
Economic Laws Practice Principal Associate Salary - ₹20.0 Lakhs to ₹45.0 Lakhs per year
Kochhar & Co. Principal Associate Salary - ₹14.0 Lakhs to ₹29.0 Lakhs per year

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

The estimated take-home salary of a Principal Associate at LTIMindtree ranges between ₹1,97,082 per month to ₹2,04,856 per month in Mumbai. The take-home salary calculation is based on the average LTIMindtree Principal Associate salary in India which ranges between ₹22.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Principal Associate at LTIMindtree in Mumbai?

According to AmbitionBox, 70% of the LTIMindtree Principal Associates in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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LTIMindtree Principal Associate Salaries in Mumbai

LTIMindtree Principal Associate salary in Mumbai ranges between ₹22 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 LTIMindtree latest salaries received from various employees of LTIMindtree.