Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Mahindra & Mahindra Team. If you also belong to the team, you can get access from here

Mahindra & Mahindra Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

Mahindra & Mahindra Principal Engineer salaries in Chennai

Annual salary range
16 - 23 years exp.
₹29 Lakhs - ₹55 Lakhs
Salary of majority employees
unlock blur
Fixed (80%)
₹34.7 Lakhs
Variable (20%)
₹8.8 Lakhs
unlock blur

63% more than the average Principal Engineer Salary in Automobile Companies for 16 - 23 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Research & Development
Principal Engineer Salary
16 - 22 years exp. (14 salaries)
unlock-blur

₹29 L/yr - ₹55 L/yr

Engineering - Software & QA
Principal Engineer Salary
16 - 23 years exp. (8 salaries)
unlock-blur

₹34 L/yr - ₹51 L/yr

Last Updated: 12 Feb 2025

Companies similar to Mahindra & Mahindra for Principal Engineer in Chennai

Logo
Mahindra & Mahindra Principal Engineer Salary

16 - 23 years exp. (27 salaries)

unlock blur

₹29 L/yr - ₹55 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Mahindra Automotives Principal Engineer Salary

17 - 18 years exp. (3 salaries)

unlock blur

₹28.5 L/yr - ₹45 L/yr

arrow icon 22% less
Logo
Saipem Principal Engineer Salary

9 - 16 years exp. (157 salaries)

unlock blur

₹11 L/yr - ₹24.6 L/yr

arrow icon 59% less
Logo
Jasmin Infotech Principal Engineer Salary

6 - 11 years exp. (93 salaries)

unlock blur

₹7.6 L/yr - ₹20.1 L/yr

arrow icon 63% less
Logo
VA Tech Wabag Principal Engineer Salary

8 - 17 years exp. (50 salaries)

unlock blur

₹7.5 L/yr - ₹15.3 L/yr

arrow icon 74% less
Logo
Verizon Principal Engineer Salary

11 - 20 years exp. (38 salaries)

unlock blur

₹22 L/yr - ₹54 L/yr

arrow icon 5% less
7 job openings
Principal Engineer salary at Mahindra & Mahindra ranges between ₹29 Lakhs to ₹55 Lakhs per year for employees with experience between 16 years to 23 years. Salary estimates are based on 27 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Principal Engineer in Chennai

1w ago
avg blur mobile
21 years exp.
2w ago
avg blur mobile
17 years exp.
2w ago
avg blur mobile
22 years exp.
3mo ago
avg blur mobile
18 years exp.
4mo ago
avg blur mobile
21 years exp.
5mo ago
avg blur mobile
20 years exp.
5mo ago
avg blur mobile
17 years exp.
6mo ago
avg blur mobile
17 years exp.
7mo ago
avg blur mobile
17 years exp.
8mo ago
avg blur mobile
19 years exp.

Experience wise Mahindra & Mahindra Principal Engineer salaries in Chennai

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
15+ years  (27 salaries)

unlock blur

₹29 L/yr - ₹55 L/yr

Similar Designation salaries in Mahindra & Mahindra

Senior Engineer Salary
(733 salaries)
unlock blur
₹6.5 L/yr - ₹17 L/yr
Lead Engineer Salary
(503 salaries)
unlock blur
₹8.05 L/yr - ₹28.9 L/yr
Project Manager Salary
(20 salaries)
unlock blur
₹8.7 L/yr - ₹26 L/yr
Technical Lead Salary
(11 salaries)
unlock blur
₹12.5 L/yr - ₹24.68 L/yr
unlock blur
₹4 L/yr - ₹7.69 L/yr
Project Lead Salary
(3 salaries)
unlock blur
₹9 L/yr - ₹15 L/yr

Top skills at Mahindra & Mahindra for Principal Engineer

Automotive Engineering Architecture Packaging System Engineering MS Office Electricals Raw Material Prototype Cost Optimization Design development System Development Ethernet System Architecture Software Configuration Management Electronics and Communication

Salary related reviews for Mahindra & Mahindra

2.0

Rated by 1 employees for salary & benefits

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

read more
  • 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.

read more
  • Company culture - Bad
  • +1 more

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

read more
  • Promotions - Poor

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.

read more
  • Salary - Poor
  • +6 more

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.

read more
  • 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.

read more
  • Work-life balance - Poor

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.

read more
  • 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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra & Mahindra Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Mahindra & Mahindra Chennai?
Principal Engineer salary at Mahindra & Mahindra in Chennai ranges between ₹29.0 Lakhs to ₹55.0 Lakhs for experience between 16 years to 23 years. According to our estimates it is 63% more than the average Principal Engineer Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Mahindra & Mahindra Chennai.
How does the salary of a Principal Engineer at Mahindra & Mahindra Chennai compare with the average salary range for this job?
The average salary of a Principal Engineer at Mahindra & Mahindra is 63% more than the average salary of a Principal Engineer in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Principal Engineer at Mahindra & Mahindra?
Automotive Engineering, Architecture, Packaging, System Engineering and MS Office are some of the popular skills required to work as a Principal Engineer at Mahindra & Mahindra Chennai.
What is the salary of a Principal Engineer in companies similar to Mahindra & Mahindra in Chennai?
  • Verizon Principal Engineer Salary - ₹22.0 Lakhs to ₹54.0 Lakhs per year
  • Mahindra Automotives Principal Engineer Salary - ₹28.5 Lakhs to ₹45.0 Lakhs per year
  • Saipem Principal Engineer Salary - ₹11.0 Lakhs to ₹24.6 Lakhs per year
  • Jasmin Infotech Principal Engineer Salary - ₹7.6 Lakhs to ₹20.1 Lakhs per year
  • VA Tech Wabag Principal Engineer Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year
What is the estimated take home salary of a Principal Engineer at Mahindra & Mahindra in Chennai?
The estimated take-home salary of a Principal Engineer at Mahindra & Mahindra ranges between ₹2,57,197 per month to ₹2,67,689 per month in Chennai. The take-home salary calculation is based on the average Mahindra & Mahindra Principal Engineer salary in India which ranges between ₹29.0 Lakhs to ₹55.0 Lakhs per year for employees with experience between 16 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Principal Engineer at Mahindra & Mahindra in Chennai?
According to AmbitionBox, 70% of the Mahindra & Mahindra Principal Engineers in Chennai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra & Mahindra Principal Engineer salary in Chennai ranges between ₹29 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.