Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary24% less than the average Associate Engineer Salary in Automobile Companies for 1 - 11 years of experience
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Salaries in different departments
Research & Development
Associate Engineer Salary
1 - 11
years
exp.
(61
salaries)
|  ₹2.4 L/yr - ₹9 L/yr |
Production, Manufacturing & Engineering
Associate Engineer Salary
3 - 11
years
exp.
(8
salaries)
| ₹2.5 L/yr - ₹7.5 L/yr |
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| |
Engineering - Software & QA
Associate Engineer Salary
1 - 9
years
exp.
(4
salaries)
| ₹2.2 L/yr - ₹6.6 L/yr |
Quality Assurance
Associate Engineer Salary
4 - 7
years
exp.
(AmbitionBox Estimate)
| ₹3.5 L/yr - ₹6.3 L/yr |
Companies similar to Mahindra & Mahindra for Associate Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Associate Engineer Salary
0 - 7 years exp. (181 salaries) | ₹1.8 L/yr - ₹5 L/yr 
27%
less | |
 Volvo Associate Engineer Salary
0 - 4 years exp. (56 salaries) | ₹7 L/yr - ₹9 L/yr 
88%
more | |
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| ||
 Ford Motor Associate Engineer Salary
1 - 8 years exp. (31 salaries) | ₹6.2 L/yr - ₹12.5 L/yr
135%
more | |
 Swaraj Tractors Associate Engineer Salary
6 - 14 years exp. (20 salaries) | ₹2.5 L/yr - ₹6 L/yr
6%
more | |
 Ashok Leyland Associate Engineer Salary
1 - 8 years exp. (17 salaries) | ₹2 L/yr - ₹4 L/yr
26%
less | |
 Hyundai Motor India Limited Associate Engineer Salary
1 - 10 years exp. (16 salaries) | ₹3.5 L/yr - ₹12 L/yr
95%
more | |
 Volvo Trucks Associate Engineer Salary
0 - 2 years exp. (10 salaries) | ₹7.5 L/yr - ₹9 L/yr
87%
more | |
 Mahindra Automotives Associate Engineer Salary
1 - 6 years exp. (7 salaries) | ₹2.5 L/yr - ₹3.6 L/yr
26%
less | |
 Hero MotoCorp Associate Engineer Salary
3 - 9 years exp. (6 salaries) | ₹4.5 L/yr - ₹6.2 L/yr
31%
more | |
 Bajaj Auto Associate Engineer Salary
1 - 6 years exp. (5 salaries) | ₹2.5 L/yr - ₹4.8 L/yr
17%
less | |
 Maruti Suzuki Associate Engineer Salary
2 - 13 years exp. (5 salaries) | ₹2.1 L/yr - ₹11.3 L/yr
44%
more | |
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| ||
 Toyota Associate Engineer Salary
1 - 4 years exp. (5 salaries) | ₹2.6 L/yr - ₹4 L/yr
19%
less | |
 BYD India Associate Engineer Salary
5 - 17 years exp. (4 salaries) | ₹4.2 L/yr - ₹8.5 L/yr
33%
more | |
 TVS Motor Associate Engineer Salary
4 - 5 years exp. (4 salaries) | ₹3.5 L/yr - ₹7.8 L/yr
28%
more | |
 Renault Nissan Technology & Business Centre India Associate Engineer Salary
0 - 4 years exp. (3 salaries) | ₹4.5 L/yr - ₹6.5 L/yr
32%
more | |
 Daimler India Commercial Vehicles Associate Engineer Salary
2 - 4 years exp. (3 salaries) | ₹2.4 L/yr - ₹8.3 L/yr
20%
more | |
Latest annual salaries shared by Mahindra & Mahindra Associate Engineer
Experience wise Mahindra & Mahindra Associate Engineer salaries
Last Updated: 15 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (9 salaries) |
₹0.9
L/yr
- ₹3.7
L/yr
|
| 2 years (11 salaries) |
₹2.2
L/yr
- ₹3.6
L/yr
|
Login to view exact salary
| |
| 3 years (10 salaries) |
₹2.4
L/yr
- ₹4.3
L/yr
|
| 4 years (8 salaries) |
₹2.5
L/yr
- ₹4
L/yr
|
| 5 years (8 salaries) |
₹2.9
L/yr
- ₹5
L/yr
|
Similar Designation salaries in Mahindra & Mahindra
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Mahindra & Mahindra Associate Engineer Salary FAQs
The top 10% of Associate Engineer at Mahindra & Mahindra earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Associate Engineer 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 90+ Mahindra & Mahindra employees in India.
- - Automotive Engineering
- - Mechatronics
- - Risk Analysis
- - CCTV Monitoring
- - Technical Analysis
These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.
| Ford Motor | ₹6.2 Lakhs to ₹12.5 Lakhs per year |
| Hyundai Motor India Limited | ₹3.5 Lakhs to ₹12.0 Lakhs per year |
| Volvo | ₹7.0 Lakhs to ₹9.0 Lakhs per year |
| Volvo Trucks | ₹7.5 Lakhs to ₹9.0 Lakhs per year |
| Maruti Suzuki | ₹2.1 Lakhs to ₹11.3 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.
| BYD India | ₹4.2 Lakhs to ₹8.5 Lakhs per year |
| Renault Nissan Technology & Business Centre India | ₹4.5 Lakhs to ₹6.5 Lakhs per year |
| Hero MotoCorp | ₹4.5 Lakhs to ₹6.2 Lakhs per year |
| TVS Motor | ₹3.5 Lakhs to ₹7.8 Lakhs per year |
| Daimler India Commercial Vehicles | ₹2.4 Lakhs to ₹8.3 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 |
|---|---|
| 1 year | ₹0.9 Lakhs to ₹3.7 Lakhs per year |
| 2 years | ₹2.2 Lakhs to ₹3.6 Lakhs per year |
| 3 years | ₹2.4 Lakhs to ₹4.3 Lakhs per year |
| 4 years | ₹2.5 Lakhs to ₹4.0 Lakhs per year |
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Mahindra & Mahindra Associate Engineer salary
in
India
ranges between ₹2.2
Lakhs to ₹9
Lakhs with an average annual salary of
₹. Salary estimates are based on
90
Mahindra & Mahindra latest salaries received from various employees of
Mahindra & Mahindra.