Mahindra & Mahindra Bangalore / Bengaluru Associate Salaries by 5 Employees (Updated 2025)

0 - 10 years exp.

₹2.7 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% less than the average Associate Salary in Automobile Companies for 0 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.3 L/yr
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Finance & Accounting Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.4 L/yr

Last Updated: 8 Feb 2025

Companies similar to Mahindra & Mahindra for Associate in Bangalore / Bengaluru

Mahindra & Mahindra Associate Salary

0 - 10 years exp. (5 salaries)

₹2.7 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Volvo Associate Salary 1 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹4.7 L/yr 23% more
Ford Motor Associate Salary 2 - 10 years exp. (3 salaries)	₹3.6 L/yr - ₹7 L/yr 66% more
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Cognizant Associate Salary 0 - 9 years exp. (12.5k salaries)	₹5.2 L/yr - ₹14.9 L/yr 140% more
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (4.1k salaries)	₹10 L/yr - ₹43.4 L/yr 540% more	57 job openings
PwC Associate Salary 0 - 8 years exp. (2.9k salaries)	₹4.8 L/yr - ₹18.5 L/yr 173% more	175 job openings

Associate salary at Mahindra & Mahindra ranges between ₹2.7 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Associate salaries in Bangalore / Bengaluru

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Similar Designation salaries in Mahindra & Mahindra

Senior Engineer Salary

(36 salaries)

₹8 L/yr - ₹16.31 L/yr

Lead Engineer Salary

(19 salaries)

₹12 L/yr - ₹26 L/yr

Top skills at Mahindra & Mahindra for Associate

VAVE Logistics CCTV Monitoring Project Management Deployment

Salary related reviews for Mahindra & Mahindra

Senior Software Engineer in Coimbatore

Full Time

Engineering - Software & QA Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

I only like work. Except for that work life balance is not good Compensation is ok Hike ok Overall company culture is not good

Skill development - Good

Dislikes

Company culture It feels like we worked for 3 yr but actually its 1.5 yr only. With this example I think you can guess what I'm trying to say.

Company culture - Bad

+1 more

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.

Skill development - Good

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

Promotions - Poor

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.

Salary - Poor

+6 more

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.

Salary - Good

+4 more

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.

Work-life balance - Poor

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.

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra & Mahindra Associate Salary FAQs

What is the salary of Associate at Mahindra & Mahindra in Bangalore / Bengaluru?

The average salary of a Associate at Mahindra & Mahindra in Bangalore / Bengaluru typically ranges from ₹2.7 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Associate in Bangalore / Bengaluru at Mahindra & Mahindra earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 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 5 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Associate at Mahindra & Mahindra in Bangalore / Bengaluru?

The estimated take-home salary of a Associate at Mahindra & Mahindra in Bangalore / Bengaluru typically ranges from ₹28,054 to ₹29,447 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 10 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 5 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate at Mahindra & Mahindra in Bangalore / Bengaluru?

To be a Associate at Mahindra & Mahindra in Bangalore / Bengaluru, the key skills required include:

- 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.

Which companies offer higher salaries than Mahindra & Mahindra for Associate in India?

JPMorgan Chase & Co.	₹10.0 Lakhs to ₹43.4 Lakhs per year
PwC	₹4.8 Lakhs to ₹18.5 Lakhs per year
Cognizant	₹5.2 Lakhs to ₹14.9 Lakhs per year
Ford Motor	₹3.6 Lakhs to ₹7.0 Lakhs per year
Volvo	₹2.8 Lakhs to ₹4.7 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.

How the salary growth look like for a Associate at Mahindra & Mahindra in Bangalore / Bengaluru?

The salary growth for a Associate at Mahindra & Mahindra in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Associate in Bangalore / Bengaluru can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.5 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Mahindra & Mahindra Associate Salaries in Bangalore / Bengaluru

Mahindra & Mahindra Associate salary in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.