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Tech Mahindra Asic Design Verification Engineer salaries in India (Updated 2025)

Annual salary range
4 - 6 years exp.
₹13 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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66% more than the average Asic Design Verification Engineer Salary in IT Services & Consulting Companies for 4 - 6 years of experience

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Salaries in different departments

Content, Editorial & Journalism
Asic Design Verification Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹14.3 L/yr

Engineering - Software & QA
Asic Design Verification Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹22 L/yr

Last Updated: 4 Jan 2025

Companies similar to Tech Mahindra for Asic Design Verification Engineer

Company name Avg Annual Salary Open Jobs
Logo
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₹4 L/yr - ₹10.9 L/yr

arrow icon 61% less
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₹4 L/yr - ₹9.1 L/yr

arrow icon 51% less
Logo
TCS Asic Design Verification Engineer Salary

2 - 3 years exp. (3 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

arrow icon 75% less
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₹1.5 L/yr - ₹5 L/yr

arrow icon 80% less
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₹3 L/yr - ₹6 L/yr

arrow icon 72% less
Asic Design Verification Engineer salary at Tech Mahindra ranges between ₹13 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Asic Design Verification Engineer

3d ago
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6 years exp.
5mo ago
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5 years exp.
11mo ago
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4 years exp.
1y ago
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4 years exp.

Experience wise Tech Mahindra Asic Design Verification Engineer salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹13 L/yr - ₹14.3 L/yr
5 years (AmbitionBox Estimate)

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₹13 L/yr - ₹27.6 L/yr
6 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹20 L/yr

Similar Designation salaries in Tech Mahindra

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₹3.5 L/yr - ₹10 L/yr
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₹3.6 L/yr - ₹10.77 L/yr
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₹3.25 L/yr - ₹9 L/yr
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₹3.5 L/yr - ₹6 L/yr
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₹3.82 L/yr - ₹8.6 L/yr
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₹3 L/yr - ₹10.32 L/yr
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₹13.23 L/yr - ₹19.39 L/yr
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₹3.6 L/yr - ₹10.5 L/yr
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₹13 L/yr - ₹29 L/yr
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₹3.25 L/yr - ₹4.9 L/yr

Salary related reviews for Tech Mahindra

Full Time

 · 

Research & Development Department

2.0
  •  posted on 03 Oct 2024

3.0
 for  Salary and Benefits

Likes

1) Salary would be based on project, but overall nothing much I like. 2) I am currently in a phase where I would be out from the company.

read more
  • Skill development - Good

Dislikes

1) Too much corporate, even I am not eligible to take sick leave and have to be productive. 2) They recruited me in good package no doubt, but what I feel for small duration and responsibilities. This was a new innovative project for me with lots of challenges to learn, but on the mean time they engage me to train freshers on the team by upskilling them and finally make me out from the project. 3) The KT phase was good , but they given me responsibilities for 2-3 major tasks at a time, which I have to look. As I told there were freshers at the team, with them I have to handle tasks, so they got lots of opportunities to learn from my skillsets. Now they enough have learned and upgraded themself, so my manager decided to make me out from the project. So I was out from the project and in bench for 2Months. 4) After 2Months they added me at same project but on a different subsidy, now here there's a twist. The new project already have a big team still they added me in adhoc. Now they are expecting that without KT, I should be more productive; that means whatever tasks they would provide I should give enough output. and what I feel they wanted to prove I am worthless and useless, so that they could remove me from the company with a reason. -I have overall very bad experience with TechMahindra.

read more
  • Job security - Bad
  • +4 more

Engineering - Software & QA Department

4.0
  •  posted on 16 Nov 2021

3.0
 for  Salary and Benefits

Likes

Customer first mindset is a double edged sword. Work life balance is different for different projects, and is very subjective privilege. Helped me a lot in terms of guidance and training on several grounds professional and personal.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Leaving Tech-Mahindra. Offers great opportunities but at the cost of subpar pay for beginners.

read more

Full Time

 · 

Teaching & Training Department

1.0
  •  posted on 25 Mar 2025

1.0
 for  Salary and Benefits

Likes

nothing much to be liked about

Dislikes

No promotions or appraisals since last 3 cycles and now they are reducing the variable payout to 80% too.. Firstly the salary being paid is very less and on top there are no promotions or appraisals and when asked why, the leadership team doesn't have an answer. Very bad team management. On top this cut on variable pay too. Too bad and extremely disheartening. TechM never fails to disappoint its employees

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 21 Mar 2025

2.0
 for  Salary and Benefits

Likes

Except Salary pay scale as per band and increment cycle, everything is good - Learning, Career Path, CSR, IJP.

read more
  • Skill development - Good
  • +2 more

Dislikes

Delay in increment, Management mostly the sales team delays the decision, Organization first associates later policy, Transport is from associates own pocket though an associate work as per client working hours.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 15 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing to like as what tht ecompany claims as facilities are the ones given by every company.

Dislikes

No salary hikes. If you get also, it will be 1 or 2 percent. For anything you need to raise request. Your bags will be checked everytime. No flexible location available. You need to travel long even if your team is not present there.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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Tech Mahindra Asic Design Verification Engineer Salary FAQs

What is the salary of Asic Design Verification Engineer at Tech Mahindra ?
The average salary of a Asic Design Verification Engineer at Tech Mahindra in India typically ranges from ₹13.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Asic Design Verification Engineer at Tech Mahindra earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Asic Design Verification Engineer Salaries at Tech 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 Tech Mahindra employees in India.
What is the estimated take home salary of a Asic Design Verification Engineer at Tech Mahindra in India?
The estimated take-home salary of a Asic Design Verification Engineer at Tech Mahindra in India typically ranges from ₹1,07,037 to ₹1,09,986 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 4 years to 6 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 Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Asic Design Verification Engineer in companies similar to Tech Mahindra in India?
The salary of a Asic Design Verification Engineer at companies similar to Tech Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Technology Services ₹4.0 Lakhs to ₹9.1 Lakhs per year
Wipro ₹4.0 Lakhs to ₹10.9 Lakhs per year
Eximius Design ₹3.0 Lakhs to ₹6.0 Lakhs per year
TCS ₹3.2 Lakhs to ₹4.3 Lakhs per year
RiseTime Semiconductors ₹1.5 Lakhs to ₹5.0 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 Asic Design Verification Engineer at Tech Mahindra in India?
The salary growth for a Asic Design Verification Engineer at Tech Mahindra depends on factors such as experience, performance, and promotions. On average, a Asic Design Verification Engineer can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
4 years ₹13.0 Lakhs to ₹14.3 Lakhs per year
5 years ₹13.0 Lakhs to ₹27.6 Lakhs per year
6 years ₹7.4 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Asic Design Verification Engineer salary in India ranges between ₹13 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Tech Mahindra latest salaries received from various employees of Tech Mahindra.