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Mahindra & Mahindra Assistant Manager - R&D salaries in India

Annual salary range
3 - 9 years exp.
₹4.8 Lakhs - ₹10 Lakhs
Salary of majority employees
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25% less than the average Assistant Manager - R&D Salary in Automobile Companies for 3 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
Assistant Manager - R&D Salary
3 - 8 years exp. (10 salaries)
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₹4.8 L/yr - ₹9.1 L/yr

Engineering - Software & QA
Assistant Manager - R&D Salary
4 - 9 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹10 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra & Mahindra for Assistant Manager - R&D

Company name Avg Annual Salary Open Jobs
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Maruti Suzuki Assistant Manager - R&D Salary

1 - 4 years exp. (29 salaries)

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₹7.5 L/yr - ₹14.4 L/yr

arrow icon 53% more
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Bajaj Auto Assistant Manager - R&D Salary

0 - 8 years exp. (20 salaries)

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₹9 L/yr - ₹20 L/yr

arrow icon 103% more
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TVS Motor Assistant Manager - R&D Salary

2 - 7 years exp. (20 salaries)

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₹9.1 L/yr - ₹18.1 L/yr

arrow icon 90% more
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Hero MotoCorp Assistant Manager - R&D Salary

8 - 14 years exp. (10 salaries)

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₹7.7 L/yr - ₹15.4 L/yr

arrow icon 41% more
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Ashok Leyland Assistant Manager - R&D Salary

6 - 9 years exp. (7 salaries)

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₹6.1 L/yr - ₹10 L/yr

arrow icon 3% less
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₹12.1 L/yr - ₹14.5 L/yr

arrow icon 77% more
Assistant Manager - R&D salary at Mahindra & Mahindra ranges between ₹4.8 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Assistant Manager - R&D

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Experience wise Mahindra & Mahindra Assistant Manager - R&D salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6.8 L/yr
4 years  (3 salaries)

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₹4.8 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹9.1 L/yr
View all

Similar Designation salaries in Mahindra & Mahindra

Lead Engineer Salary
(687 salaries)
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₹9 L/yr - ₹28 L/yr
Design Engineer Salary
(511 salaries)
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₹1.45 L/yr - ₹9.4 L/yr
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₹5.2 L/yr - ₹18.5 L/yr
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₹1.8 L/yr - ₹5.7 L/yr
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₹1.45 L/yr - ₹8 L/yr
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₹2 L/yr - ₹9.5 L/yr
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₹2.04 L/yr - ₹7.1 L/yr
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₹2.5 L/yr - ₹9.1 L/yr
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₹29 L/yr - ₹55 L/yr
R&D Engineer Salary
(31 salaries)
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₹2 L/yr - ₹8.86 L/yr

Salary related reviews for Mahindra & Mahindra

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 May 2023

3.0
 for  Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

  • Skill development - Excellent
  • +3 more

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

read more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 12 May 2022

1.0
 for  Salary and Benefits

Likes

Company will plug every penny from employee in the name cost savings or cost cutting. You will not receive any employee benefits for example like food, transport, Tea/coffee for everything you have to pay. There is no free benefits like such things

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +5 more

Production, Manufacturing & Engineering Department

1.0
  •  posted on 20 Oct 2022

1.0
 for  Salary and Benefits

Likes

Nothing is good in this company, I had worst experience ever. They don't care about your problems they only need there benefits,all officer's are rude they don't do anything except giving orders to DETs

read more
  • Job security - Excellent

Dislikes

Salary Officers behaviour Leave They don't care about you they only care about there benefits

read more
  • Salary - Bad
  • +4 more

Power Train Department

4.0
  •  posted on 19 Aug 2022

3.0
 for  Salary and Benefits

Likes

Hands on work for all technical work which in most of other OEM are done by consultant. Due to this learning growth is enormous. Beautiful campus are MRV chennai.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

...uirement you may be asked to work 7 days a week. Work life balance is not good. Salary negotiations should be very very carefully at the time of interview.

read more

Research & Development Department

3.0
  •  posted on 31 Oct 2022

1.0
 for  Salary and Benefits

Likes

Learning wise it is best company incase you are not bothered about salary and hike.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

You can learn but cant earn. Appraisal is not depends upon your achievements, talent and hard work. Work life balancing will not be satisfactory.

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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Mahindra & Mahindra Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Mahindra & Mahindra ?
The average salary of a Assistant Manager - R&D at Mahindra & Mahindra in India typically ranges from ₹4.8 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Assistant Manager - R&D at Mahindra & Mahindra earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Assistant Manager - R&D Salaries at Mahindra & Mahindra 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+ Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Assistant Manager - R&D at Mahindra & Mahindra in India?
The estimated take-home salary of a Assistant Manager - R&D at Mahindra & Mahindra in India typically ranges from ₹56,258 to ₹57,669 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra & Mahindra for Assistant Manager - R&D in India?
Bajaj Auto ₹9.0 Lakhs to ₹20.0 Lakhs per year
TVS Motor ₹9.1 Lakhs to ₹18.1 Lakhs per year
Renault Nissan Technology & Business Centre India ₹12.1 Lakhs to ₹14.5 Lakhs per year
Maruti Suzuki ₹7.5 Lakhs to ₹14.4 Lakhs per year
Hero MotoCorp ₹7.7 Lakhs to ₹15.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.
What is the salary of a Assistant Manager - R&D in companies similar to Mahindra & Mahindra in India?
The salary of a Assistant Manager - R&D at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ashok Leyland ₹6.1 Lakhs to ₹10.0 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 Assistant Manager - R&D at Mahindra & Mahindra in India?
The salary growth for a Assistant Manager - R&D at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
3 years ₹2.4 Lakhs to ₹6.8 Lakhs per year
4 years ₹4.8 Lakhs to ₹8.0 Lakhs per year
5 years ₹2.8 Lakhs to ₹7.8 Lakhs per year
6 years ₹3.0 Lakhs to ₹8.0 Lakhs per year
and so on.

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Mahindra & Mahindra Assistant Manager - R&D salary in India ranges between ₹4.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.