Mahindra Truck and Bus Mechanical Engineer Salaries by 4 Employees

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₹2.1 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Mechanical Engineer Salary in Automobile Companies for 2 years of experience

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Salaries in different departments

Research & Development Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr
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Production, Manufacturing & Engineering Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 7 Jun 2023

Companies similar to Mahindra Truck and Bus for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Mechanical Engineer Salary 0 - 9 years exp. (205 salaries)	₹1 L/yr - ₹6.7 L/yr 27% more
Tata Motors Mechanical Engineer Salary 1 - 5 years exp. (192 salaries)	₹0.9 L/yr - ₹6 L/yr 27% more
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Maruti Suzuki Mechanical Engineer Salary 1 - 10 years exp. (169 salaries)	₹1.8 L/yr - ₹10.4 L/yr 147% more
Ashok Leyland Mechanical Engineer Salary 1 - 10 years exp. (141 salaries)	₹1 L/yr - ₹7.4 L/yr 13% more
Escorts Kubota Limited Mechanical Engineer Salary 0 - 6 years exp. (96 salaries)	₹1.4 L/yr - ₹6 L/yr 24% more
Bajaj Auto Mechanical Engineer Salary 1 - 9 years exp. (90 salaries)	₹1.2 L/yr - ₹9.6 L/yr 82% more
TVS Motor Mechanical Engineer Salary 0 - 5 years exp. (87 salaries)	₹1 L/yr - ₹5.8 L/yr 4% less
Hyundai Motor India Limited Mechanical Engineer Salary 1 - 6 years exp. (72 salaries)	₹1 L/yr - ₹6.1 L/yr 4% more
Force Motors Mechanical Engineer Salary 1 - 11 years exp. (71 salaries)	₹1.8 L/yr - ₹7 L/yr 57% more
Automotive Manufacturers Mechanical Engineer Salary 1 - 6 years exp. (57 salaries)	₹1.3 L/yr - ₹7 L/yr 43% more
Hero MotoCorp Mechanical Engineer Salary 0 - 10 years exp. (51 salaries)	₹1.1 L/yr - ₹9.1 L/yr 86% more
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Sonalika Tractors Mechanical Engineer Salary 0 - 7 years exp. (47 salaries)	₹1.8 L/yr - ₹5.2 L/yr 17% more
Royal Enfield Mechanical Engineer Salary 1 - 5 years exp. (45 salaries)	₹1 L/yr - ₹5.5 L/yr 7% more
VE Commercial Vehicles Mechanical Engineer Salary 1 - 6 years exp. (41 salaries)	₹1.5 L/yr - ₹6 L/yr 22% more
Honda Motorcycle & Scooter Mechanical Engineer Salary 0 - 20 years exp. (30 salaries)	₹1.1 L/yr - ₹8 L/yr 60% more
Yamaha Motor Mechanical Engineer Salary 0 - 11 years exp. (29 salaries)	₹1.7 L/yr - ₹7.8 L/yr 52% more
Kia Motors Mechanical Engineer Salary 1 - 6 years exp. (24 salaries)	₹1 L/yr - ₹5.1 L/yr 16% more
Honda Cars Mechanical Engineer Salary 0 - 8 years exp. (22 salaries)	₹1.8 L/yr - ₹7.4 L/yr 38% more
Hero Motors Company Mechanical Engineer Salary 1 - 6 years exp. (20 salaries)	₹1.5 L/yr - ₹6 L/yr 12% more
Renault Nissan Technology & Business Centre India Mechanical Engineer Salary 1 - 7 years exp. (18 salaries)	₹1.8 L/yr - ₹8.5 L/yr 111% more

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Mechanical Engineer salary at Mahindra Truck and Bus ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Truck and Bus.

Experience wise Mahindra Truck and Bus Mechanical Engineer salaries

Last Updated: 7 Jun 2023

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.1 L/yr - ₹3 L/yr
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Similar Designation salaries in Mahindra Truck and Bus

Electrical Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Engineer Salary

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₹6.6 L/yr - ₹10.5 L/yr

Service Engineer Salary

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₹2.4 L/yr - ₹6.8 L/yr

Executive Engineer Salary

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₹4 L/yr - ₹4.8 L/yr

Junior Engineer Salary

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₹2.7 L/yr - ₹3.5 L/yr

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₹0.2 L/yr - ₹0.2 L/yr

Project Engineer Salary

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₹3.05 L/yr - ₹5.2 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Technician Salary

(5 salaries)

₹1.7 L/yr - ₹3 L/yr

Electrical Supervisor Salary

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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Mahindra Truck and Bus

Customer Service Manager in Jaipur

Other Department

4.0

• posted on 21 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture, team is very supportive and management is transparent, company policies are good, salary ,hike ,bonus as per mark to market.

Salary - Good

+6 more

Dislikes

People are judging with their assumption....middle management specially.

Sr. Manager - Technical Project Leader in Pune

Other Department

3.0

• posted on 21 Aug 2019

4.0

for Salary and Benefits

Likes

Since it is a big conglomerate, learning opportunities are abundant. Compensation is at par with market toppers

Salary - Good

+2 more

Dislikes

Culture & HR-worst. It is not system driven, it is always and I say always person driven, according to their mood & need. Even HR works for those who are in key position. HR really don't know what is employee care in-terms of development, opportunity for growth, facilities etc, keep aside regular interaction.

Promotions - Poor

+1 more

Area Sales Manager in Jaipur

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jun 2024

1.0

for Salary and Benefits

Likes

Norhing - Wrost company in india, Kindly don't join to this company. All the cheap people from top to bottom are in this company. Except for company work all people doing politics. These company's people will spoil your career too if you are joined.

Dislikes

Bad management, cheap seniors, lots of politics, no career growth, career degrowth.

Salary - Bad

+6 more

Manager in Pune

Full Time

Media Production & Entertainment Department

4.0

• posted on 25 Oct 2024

3.0

for Salary and Benefits

Likes

Same treatment for all employees, Equality, Good for Female employees, Job security.

Job security - Good

+1 more

Dislikes

Too to bottom driven organisation, Very less they listen to lower management . They doesn't take risk. Slow growth of competitive employees.

Promotions - Poor

DEP Manager, Sales in Nagpur

Full Time

Sales & Business Development Department

1.0

• posted on 30 Dec 2022

4.0

for Salary and Benefits

Likes

It all depend on Boses,if you get good seniors then its best.Otherwise it is bunch of crazy people yelling at each other.

Salary - Good

Dislikes

Too many reports Worthless meetings Dealership working according to their own policies No seniors understand the ground reality

Skill development - Bad

+4 more

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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 Truck and Bus Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Mahindra Truck and Bus ?

The average salary of a Mechanical Engineer at Mahindra Truck and Bus in India typically ranges from ₹2.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 2 years).

The top 10% of Mechanical Engineer at Mahindra Truck and Bus earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Mechanical Engineer Salaries at Mahindra Truck and Bus 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 4 Mahindra Truck and Bus employees in India.

What is the estimated take home salary of a Mechanical Engineer at Mahindra Truck and Bus in India?

The estimated take-home salary of a Mechanical Engineer at Mahindra Truck and Bus in India typically ranges from ₹17,883 to ₹19,578 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 2 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 4 salaries received from various employees of Mahindra Truck and Bus. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Truck and Bus for Mechanical Engineer in India?

Volvo	₹4.0 Lakhs to ₹16.0 Lakhs per year
Maruti Suzuki	₹1.8 Lakhs to ₹10.4 Lakhs per year
Ford Motor	₹2.3 Lakhs to ₹10.2 Lakhs per year
Renault Nissan Technology & Business Centre India	₹1.8 Lakhs to ₹8.5 Lakhs per year
Škoda Auto Volkswagen	₹4.0 Lakhs to ₹7.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Truck and Bus, depending on the role and experience level.

What is the salary of a Mechanical Engineer in companies similar to Mahindra Truck and Bus in India?

The salary of a Mechanical Engineer at companies similar to Mahindra Truck and Bus in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero MotoCorp	₹1.1 Lakhs to ₹9.1 Lakhs per year
Bajaj Auto	₹1.2 Lakhs to ₹9.6 Lakhs per year
Toyota Kirloskar Motor	₹2.5 Lakhs to ₹5.6 Lakhs per year
suzuki motor gujarat	₹1.5 Lakhs to ₹5.0 Lakhs per year
Honda Motorcycle & Scooter	₹1.1 Lakhs to ₹8.0 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.

How the salary growth look like for a Mechanical Engineer at Mahindra Truck and Bus in India?

The salary growth for a Mechanical Engineer at Mahindra Truck and Bus depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Mahindra Truck and Bus:

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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Mahindra Truck and Bus Mechanical Engineer Salaries

Mahindra Truck and Bus Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Truck and Bus latest salaries received from various employees of Mahindra Truck and Bus.