Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary50% less than the average Associate Salary in Automobile Companies for 0 - 14 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
Associate Salary
1 - 14
years
exp.
(37
salaries)
|  ₹1.5 L/yr - ₹6.5 L/yr |
Research & Development
Associate Salary
1 - 7
years
exp.
(19
salaries)
| ₹1.8 L/yr - ₹4.7 L/yr |
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| |
Customer Success, Service & Operations
Associate Salary
0 - 10
years
exp.
(16
salaries)
| ₹1.8 L/yr - ₹3.9 L/yr |
Finance & Accounting
Associate Salary
0 - 6
years
exp.
(15
salaries)
| ₹2 L/yr - ₹5.3 L/yr |
Sales & Business Development
Associate Salary
0 - 7
years
exp.
(8
salaries)
| ₹2.1 L/yr - ₹5.4 L/yr |
Companies similar to Mahindra & Mahindra for Associate
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Associate Salary
1 - 18 years exp. (137 salaries) | ₹1 L/yr - ₹6 L/yr 
8%
less | |
 Maruti Suzuki Associate Salary
1 - 5 years exp. (9 salaries) | ₹2 L/yr - ₹3.5 L/yr
20%
less | |
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| ||
 Ashok Leyland Associate Salary
1 - 7 years exp. (50 salaries) | ₹1.2 L/yr - ₹7.3 L/yr
31%
less | |
 Hero MotoCorp Associate Salary
2 - 11 years exp. (97 salaries) | ₹2.5 L/yr - ₹9 L/yr 
44%
more | |
 Bajaj Auto Associate Salary
1 - 4 years exp. (9 salaries) | ₹1.2 L/yr - ₹3 L/yr
34%
less | |
 TVS Motor Associate Salary
2 - 7 years exp. (8 salaries) | ₹1 L/yr - ₹3 L/yr
30%
less | |
 Eicher Motors Associate Salary
2 - 17 years exp. (4 salaries) | ₹2.7 L/yr - ₹4 L/yr
19%
less | |
 Escorts Kubota Limited Associate Salary
1 - 6 years exp. (142 salaries) | ₹1.8 L/yr - ₹3.7 L/yr
32%
less | |
 Ford Motor Associate Salary
2 - 12 years exp. (119 salaries) | ₹3 L/yr - ₹10.2 L/yr
67%
more | |
 Hyundai Motor India Limited Associate Salary
4 - 14 years exp. (28 salaries) | ₹4 L/yr - ₹13.9 L/yr
162%
more | |
 Honda Associate Salary
0 - 7 years exp. (20 salaries) | ₹1.8 L/yr - ₹6 L/yr
18%
less | 1 job opening |
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| ||
 Daimler India Commercial Vehicles Associate Salary
2 - 13 years exp. (10 salaries) | ₹2 L/yr - ₹9.5 L/yr
59%
more | |
 Volvo Associate Salary
0 - 5 years exp. (7 salaries) | ₹2.8 L/yr - ₹8.3 L/yr
49%
more | |
 Hinduja Group Associate Salary
1 - 3 years exp. (7 salaries) | ₹22 L/yr - ₹26 L/yr
529%
more | |
 Renault Nissan Technology & Business Centre India Associate Salary
0 - 8 years exp. (6 salaries) | ₹1.5 L/yr - ₹4.3 L/yr
40%
less | |
 BMW Associate Salary
0 - 7 years exp. (4 salaries) | ₹3 L/yr - ₹3.6 L/yr
16%
less | |
 Hilex Associate Salary
1 - 2 years exp. (5 salaries) | ₹1 L/yr - ₹2 L/yr
57%
less | |
Latest annual salaries shared by Mahindra & Mahindra Associate
Experience wise Mahindra & Mahindra Associate salaries
Last Updated: 14 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (6 salaries) |
₹1.8
L/yr
- ₹4.2
L/yr
|
| 1 year (17 salaries) |
₹1.5
L/yr
- ₹4.7
L/yr
|
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| |
| 2 years (21 salaries) |
₹1.8
L/yr
- ₹3.2
L/yr
|
| 3 years (23 salaries) |
₹1.6
L/yr
- ₹3.6
L/yr
|
| 4 years (20 salaries) |
₹1.7
L/yr
- ₹4.5
L/yr
|
Similar Designation salaries in Mahindra & Mahindra
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Mahindra & Mahindra Associate Salary FAQs
The top 10% of Associate at Mahindra & Mahindra earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Associate 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 100+ Mahindra & Mahindra employees in India.
- - VAVE
- - Logistics
- - CCTV Monitoring
- - Project Management
- - Deployment
These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.
| Hinduja Group | ₹22.0 Lakhs to ₹26.0 Lakhs per year |
| Hyundai Motor India Limited | ₹4.0 Lakhs to ₹13.9 Lakhs per year |
| Ford Motor | ₹3.0 Lakhs to ₹10.2 Lakhs per year |
| Daimler India Commercial Vehicles | ₹2.0 Lakhs to ₹9.5 Lakhs per year |
| Volvo | ₹2.8 Lakhs to ₹8.3 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.
| Hero MotoCorp | ₹2.5 Lakhs to ₹9.0 Lakhs per year |
| Tata Motors | ₹1.0 Lakhs to ₹6.0 Lakhs per year |
| BMW | ₹3.0 Lakhs to ₹3.6 Lakhs per year |
| Honda | ₹1.8 Lakhs to ₹6.0 Lakhs per year |
| Eicher Motors | ₹2.7 Lakhs to ₹4.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.8 Lakhs to ₹4.2 Lakhs per year |
| 1 year | ₹1.5 Lakhs to ₹4.7 Lakhs per year |
| 2 years | ₹1.8 Lakhs to ₹3.2 Lakhs per year |
| 3 years | ₹1.6 Lakhs to ₹3.6 Lakhs per year |
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Mahindra & Mahindra Associate salary
in
India
ranges between ₹1.5
Lakh to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
153
Mahindra & Mahindra latest salaries received from various employees of
Mahindra & Mahindra.