LTIMindtree Product Developer Salaries by 4 Employees

1 - 3 years exp.

₹3 Lakhs - ₹10.7 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Product Developer Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Last Updated: 20 Nov 2024

Companies similar to LTIMindtree for Product Developer

Company name	Avg Annual Salary	Open Jobs
TCS Product Developer Salary 1 - 4 years exp. (27 salaries)	₹2.5 L/yr - ₹10 L/yr 5% more
Infosys Product Developer Salary 2 - 4 years exp. (21 salaries)	₹3.4 L/yr - ₹14 L/yr 35% more
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Wipro Product Developer Salary 1 - 8 years exp. (7 salaries)	₹5 L/yr - ₹7.4 L/yr 19% more
HCLTech Product Developer Salary 1 - 5 years exp. (9 salaries)	₹4.7 L/yr - ₹10.4 L/yr 34% more
Mphasis Product Developer Salary 3 - 5 years exp. (3 salaries)	₹6.5 L/yr - ₹12.9 L/yr 67% more
Hexaware Technologies Product Developer Salary 3 - 6 years exp. (44 salaries)	₹6.2 L/yr - ₹20.2 L/yr 151% more
DXC Technology Product Developer Salary 2 - 8 years exp. (357 salaries)	₹4.3 L/yr - ₹17.5 L/yr 78% more
Genpact Product Developer Salary 0 - 6 years exp. (19 salaries)	₹3 L/yr - ₹5 L/yr 26% less
FIS Product Developer Salary 2 - 9 years exp. (8 salaries)	₹6.7 L/yr - ₹16.3 L/yr 67% more
Coforge Product Developer Salary 0 - 3 years exp. (5 salaries)	₹3.7 L/yr - ₹5.5 L/yr 22% less	1 job opening
IBM Product Developer Salary 0 - 3 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 15% less
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Accenture Product Developer Salary 1 - 4 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 22% less
Cognizant Product Developer Salary 2 - 4 years exp. (3 salaries)	₹6.7 L/yr - ₹11.7 L/yr 69% more

Product Developer salary at LTIMindtree ranges between ₹3 Lakhs to ₹10.7 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of LTIMindtree.

Experience wise LTIMindtree Product Developer salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹7 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹10.7 L/yr

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Salary related reviews for LTIMindtree

Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 23 Jan 2025

1.0

for Salary and Benefits

Likes

No work if you're looking for work Life balance

Job security - Good

+1 more

Dislikes

-Salary is very low - hikes are usually 2-4% even if you put lots of efforts -nothing to learn , projects are on specific tools My personal experience was horrible even after resigning. I had to follow up for months to get my full and final

Salary - Bad

+4 more

Senior Software Engineer in Navi Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

The company offers a competitive salary, high-quality trainings and direct client interactions. The office has great amenities like massage chairs and gyms, provides meal coupons. Some roles also include on-site work opportunities.

Salary - Good

+3 more

Dislikes

Revise appraisal process and hike percentages, offer only relevant trainings or courses that have a market value and are futureproof. Increase manager involvement and awareness in the process and train them to follow ethical practices. Respect employee's personal life, recognize extra efforts. Update the sick leave and bench policy, so they mare more sensible.

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Being as a fresher it's really good company you must join this organization.

Skill development - Good

+3 more

Dislikes

Salary hike is very less here as we can see the inflation rate in india so it's really difficult to manage with less CTC. If it will improve then I don't think anyone will leaving this organization early.

Senior Consultant in Mumbai

Full Time

Consulting Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

The company culture is exceptional, with top management always ready to assist. There are abundant learning Opportunities, and employees are highly motivated to develop their skillsets.

Skill development - Excellent

+4 more

Dislikes

Unfortunately, appraisal process is lacking, with minimal salary hikes.

Senior Engineer in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

providing resources like cab facility, trainings, certifications

Skill development - Good

+2 more

Dislikes

The opportunities and experiences I've gained here, but i feel that my current compensation does not fully reflect the scope of my work, the value I bring to the team. No team bonding/outings. Low Appraisals.

see more salary related reviews

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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 Product Developer Salary FAQs

What is the salary of Product Developer at LTIMindtree ?

The average salary of a Product Developer at LTIMindtree in India typically ranges from ₹3.0 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Product Developer at LTIMindtree earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Product Developer 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 4 LTIMindtree employees in India.

What is the estimated take home salary of a Product Developer at LTIMindtree in India?

The estimated take-home salary of a Product Developer at LTIMindtree in India typically ranges from ₹43,743 to ₹44,852 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 salaries received from various employees of LTIMindtree. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than LTIMindtree for Product Developer in India?

Hexaware Technologies	₹6.2 Lakhs to ₹20.2 Lakhs per year
DXC Technology	₹4.3 Lakhs to ₹17.5 Lakhs per year
Cognizant	₹6.7 Lakhs to ₹11.7 Lakhs per year
FIS	₹6.7 Lakhs to ₹16.3 Lakhs per year
Mphasis	₹6.5 Lakhs to ₹12.9 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 Product Developer in companies similar to LTIMindtree in India?

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

Infosys	₹3.4 Lakhs to ₹14.0 Lakhs per year
HCLTech	₹4.7 Lakhs to ₹10.4 Lakhs per year
Wipro	₹5.0 Lakhs to ₹7.4 Lakhs per year
TCS	₹2.5 Lakhs to ₹10.0 Lakhs per year
IBM	₹4.0 Lakhs to ₹8.0 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 Product Developer at LTIMindtree in India?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹7.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹10.7 Lakhs per year

and so on.

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LTIMindtree Product Developer Salaries

LTIMindtree Product Developer salary in India ranges between ₹3 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LTIMindtree latest salaries received from various employees of LTIMindtree.