Mahindra & Mahindra Mumbai Business Analyst Salaries by 6 Employees (Updated 2025)

2 - 9 years exp.

₹4.2 Lakhs - ₹11.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Business Analyst Salary in Automobile Companies for 2 - 9 years of experience

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Salaries in different departments

Product Management Business Analyst Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹13 L/yr
Sales & Business Development Business Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.9 L/yr
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Strategic & Top Management Business Analyst Salary 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹10 L/yr

Last Updated: 20 Mar 2025

Companies similar to Mahindra & Mahindra for Business Analyst in Mumbai

Mahindra & Mahindra Business Analyst Salary

2 - 9 years exp. (6 salaries)

₹4.2 L/yr - ₹11.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Hinduja Group Business Analyst Salary 4 - 9 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr 58% more
Tata Motors Business Analyst Salary 5 - 11 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 55% more
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TCS Business Analyst Salary 0 - 13 years exp. (1.1k salaries)	₹3.8 L/yr - ₹15 L/yr 35% more
Accenture Business Analyst Salary 0 - 11 years exp. (377 salaries)	₹4.5 L/yr - ₹17 L/yr 50% more	105 job openings
HDFC Bank Business Analyst Salary 0 - 13 years exp. (337 salaries)	₹5 L/yr - ₹17 L/yr 60% more	4 job openings

Business Analyst salary at Mahindra & Mahindra ranges between ₹4.2 Lakhs to ₹11.8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Business Analyst salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr

View all

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Senior Associate Salary

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Project Manager Salary

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₹9 L/yr - ₹20 L/yr

Data Analyst Salary

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Senior Business Analyst Salary

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₹6.6 L/yr - ₹13 L/yr

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

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra Business Analyst Salary FAQs

What is the salary of Business Analyst at Mahindra & Mahindra in Mumbai?

The average salary of a Business Analyst at Mahindra & Mahindra in Mumbai typically ranges from ₹4.2 Lakhs to ₹11.8 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Business Analyst in Mumbai at Mahindra & Mahindra earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Business Analyst 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 6 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Business Analyst at Mahindra & Mahindra in Mumbai?

The estimated take-home salary of a Business Analyst at Mahindra & Mahindra in Mumbai typically ranges from ₹50,953 to ₹52,155 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from 2 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 6 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 Business Analyst in India?

HDFC Bank	₹5.0 Lakhs to ₹17.0 Lakhs per year
Hinduja Group	₹8.0 Lakhs to ₹18.0 Lakhs per year
Tata Motors	₹9.0 Lakhs to ₹12.0 Lakhs per year
Accenture	₹4.5 Lakhs to ₹17.0 Lakhs per year
TCS	₹3.8 Lakhs to ₹15.0 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 Business Analyst at Mahindra & Mahindra in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.2 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Mahindra & Mahindra Business Analyst Salaries in Mumbai

Mahindra & Mahindra Business Analyst salary in Mumbai ranges between ₹4.2 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.