Mahindra & Mahindra Assistant Vice President Salaries by 4 Employees (Updated 2024)

11 - 15 years exp.

₹27.2 Lakhs - ₹49 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Assistant Vice President Salary in Automobile Companies for 11 - 15 years of experience

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Last Updated: 14 Dec 2024

Companies similar to Mahindra & Mahindra for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto Assistant Vice President Salary 3 - 20 years exp. (4 salaries)	₹26 L/yr - ₹75 L/yr 10% more
Hyundai Motor India Limited Assistant Vice President Salary 29 - 31 years exp. (4 salaries)	₹70 L/yr - ₹1.5 Cr/yr 223% more
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Hinduja Group Assistant Vice President Salary 17 - 25 years exp. (4 salaries)	₹25 L/yr - ₹55 L/yr 13% more
Deutsche Bank Assistant Vice President Salary 7 - 20 years exp. (3.3k salaries)	₹15.9 L/yr - ₹48.5 L/yr 9% less	3 job openings
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (2.5k salaries)	₹12 L/yr - ₹40 L/yr 28% less

Assistant Vice President salary at Mahindra & Mahindra ranges between ₹27.2 Lakhs to ₹49 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Assistant Vice President salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹49 L/yr
12 years (AmbitionBox Estimate)	₹34 L/yr - ₹61.9 L/yr
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13 years (AmbitionBox Estimate)	₹30.3 L/yr - ₹38.7 L/yr
14 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹59.1 L/yr
15+ years (AmbitionBox Estimate)	₹27.2 L/yr - ₹57 L/yr

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Salary related reviews for Mahindra & Mahindra

1.0

Rated by 1 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Senior Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 07 Sep 2024

2.0

for Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

Senior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 04 Feb 2023

4.0

for Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

Lead Engineer in Chennai

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.

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.

Senior Engineer in Mahindra Research Valley, Chennai

Engineering - Software & QA Department

3.0

• posted on 05 Nov 2022

3.0

for Salary and Benefits

Likes

Good exposure to real word problems and supplier challenges. Support during COVID 19 time was good to the employees.

Dislikes

...was not provided to employees eventhough i have worked there 4 years 11 month. Not balanced work force, work life and proportionality of salary against work load, qualification and experience.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Mahindra & Mahindra Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Mahindra & Mahindra?

Assistant Vice President salary at Mahindra & Mahindra in India ranges between ₹27.2 Lakhs to ₹49.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 19% more than the average Assistant Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Assistant Vice President at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Assistant Vice President at Mahindra & Mahindra is 19% more than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Assistant Vice President in India?

Hyundai Motor India Limited Assistant Vice President Salary - ₹70.0 Lakhs to ₹150.0 Lakhs per year
Hinduja Group Assistant Vice President Salary - ₹25.0 Lakhs to ₹55.0 Lakhs per year
Bajaj Auto Assistant Vice President Salary - ₹26.0 Lakhs to ₹75.0 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to Mahindra & Mahindra in India?

Deutsche Bank Assistant Vice President Salary - ₹15.9 Lakhs to ₹48.5 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year

What is the estimated take home salary of a Assistant Vice President at Mahindra & Mahindra in India?

The estimated take-home salary of a Assistant Vice President at Mahindra & Mahindra ranges between ₹2,10,607 per month to ₹2,18,993 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Assistant Vice President salary in India which ranges between ₹27.2 Lakhs to ₹49.0 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at Mahindra & Mahindra?

According to AmbitionBox, 67% of the Mahindra & Mahindra Assistant Vice Presidents reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Assistant Vice President Salaries

Mahindra & Mahindra Assistant Vice President salary in India ranges between ₹27.2 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.