Tech Mahindra Mumbai Associate Analyst Salaries by 20+ Employees (Updated 2025)

0 - 4 years exp.

₹2 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Associate Analyst Salary in IT Services & Consulting Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Associate Analyst Salary 0 - 4 years exp. (6 salaries)	₹2.4 L/yr - ₹4.3 L/yr
Data Science & Analytics Associate Analyst Salary 1 - 3 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr
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Consulting Associate Analyst Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Associate Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr
Engineering - Software & QA Associate Analyst Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr

View all

Last Updated: 17 Feb 2025

Companies similar to Tech Mahindra for Associate Analyst in Mumbai

Tech Mahindra Associate Analyst Salary

0 - 4 years exp. (21 salaries)

₹2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro Associate Analyst Salary 0 - 5 years exp. (156 salaries)	₹1.8 L/yr - ₹4.5 L/yr 27% less	3 job openings
Accenture Associate Analyst Salary 0 - 6 years exp. (32 salaries)	₹2.1 L/yr - ₹6 L/yr 5% more
Login to view exact salary
TCS Associate Analyst Salary 1 - 7 years exp. (29 salaries)	₹2.2 L/yr - ₹5.1 L/yr 11% less
Capgemini Associate Analyst Salary 1 - 4 years exp. (9 salaries)	₹3 L/yr - ₹6.5 L/yr 9% more
METRO Global Solutions Center Associate Analyst Salary 1 - 14 years exp. (4 salaries)	₹6 L/yr - ₹9.3 L/yr 90% more
Infosys Associate Analyst Salary 3 - 6 years exp. (4 salaries)	₹4.1 L/yr - ₹7 L/yr 48% more

Associate Analyst salary at Tech Mahindra ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 21 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Associate Analyst in Mumbai

1mo ago

₹4.7 Lakhs

1 year exp.

2mo ago

₹5 Lakhs

1 year exp.

4mo ago

₹2.4 Lakhs

9 months exp.

6mo ago

₹5.5 Lakhs

3 years exp.

7mo ago

₹2 Lakhs

1 year exp.

11mo ago

7 months exp.

11mo ago

2 years exp.

1y ago

2 years exp.

1y ago

5 months exp.

1y ago

2 years exp.

Experience wise Tech Mahindra Associate Analyst salaries in Mumbai

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2 L/yr - ₹4 L/yr
1 year (5 salaries)	₹2 L/yr - ₹5 L/yr
Login to view exact salary
2 years (5 salaries)	₹2 L/yr - ₹6 L/yr
3 years (3 salaries)	₹2 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

From

Associate Analyst

₹

Lakhs/yr

0 - 4 years exp.

Program Manager

₹

Lakhs/yr

14 - 26 years exp.

Associate Analyst

0 - 4 years exp.

Senior Associate Analyst

1 - 8 years exp.

51% hike

Team Lead

1 - 16 years exp.

98% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tech Mahindra

Analyst Salary

(81 salaries)

₹2.5 L/yr - ₹10 L/yr

Business Analyst Salary

(74 salaries)

₹4 L/yr - ₹16.54 L/yr

Senior Analyst Salary

(39 salaries)

₹3.48 L/yr - ₹12 L/yr

Associate Consultant Salary

(15 salaries)

₹3.04 L/yr - ₹24.5 L/yr

Credit Analyst Salary

(4 salaries)

₹3.7 L/yr - ₹7 L/yr

Top skills at Tech Mahindra for Associate Analyst

Communication Skills KYC Content Editing Proof Reading BPO Non Voice International Voice Process Email Process Non Voice Process Semi Voice BPO Voice international process Email Campaign Inbound Voice Process Written Communication Verbal Communication

Salary related reviews for Tech Mahindra

2.6

Rated by 4 employees for salary & benefits

Associate Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 29 Nov 2023

1.0

for Salary and Benefits

Likes

The things that I liked about techm were meeting new people whom I got pretty close with.

Dislikes

... for your efforts they harass you with more work..no recognition what so ever...spineless b**tards and for that shit salary they pay to the freshers they expect full dedication and on top of that we have to put up with their indirect harassments.

Salary - Bad

+4 more

Associate Analyst in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 09 Dec 2019

2.0

for Salary and Benefits

Likes

Campus is good but there is no growth for future and less pay worst benefits except work you won’t satisfy much...atmosphere and Infrastructure is nice..

Skill development - Good

+3 more

Dislikes

Yearly only one hike and no annual bonus poor hike charging for transportation no meal coupons zero medical reimbursement

Salary - Poor

+2 more

Associate Analyst in Hinjewadi Phase 3

Full Time

Other Department

5.0

• posted on 02 Aug 2023

3.0

for Salary and Benefits

Likes

The company culture where you are not bound to call seniors as “Sir” or “Ma’am”.

Skill development - Excellent

+2 more

Dislikes

Salary is below average and other benefits like allowances and incentives are not provided. Yearly salary increments are not given even after getting appraisal letter.

Promotions - Poor

Associate Analyst in Noida Sector 64 Up

Customer Success, Service & Operations Department

5.0

• posted on 06 Aug 2020

5.0

for Salary and Benefits

Likes

Hi All very nice environment . Supportive culture on time salary.friendly work culture..These are very positive factor..but now a days I,m on bench looking opportunities. But not get opportunity and movement. Kindly help me for movement of my employment to relevant process.overall good experience

Salary - Excellent

+6 more

Dislikes

Nothing. But I want to continue my job in techmahindara, due to less opportunities hr has decided my last working day 12aug... kindly help for movement to relevant process.. Thanking you.

Associate Analyst in Chennai

Investment Banking Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Excellent company for MBA freshers in Finance domain, they pay you a very good salary when compared to other companies.

Salary - Good

+5 more

Dislikes

I worked in Investment Banking domain, I can see only 4 teams are there as of now I wish it would be good if more teams related to Investment Banking like Fund Accounting Trade Operations are also there.

see more salary related reviews

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What people are saying about Tech Mahindra

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Tech lead - Tech Mahindra or IBM

I have 2 offers in same location : Need guidance to choose one 1) Tech Mahindra (U4) Fixed 23.9 Variable 2.6=26.5 No joining bonus Project details informed already 2)IBM(7B) Fixed 21.37 + Variable 0-10% Joining bonus is 1 lakh Your Responses and thoughts will be appreciated. Thank you

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Tech Mahindra Associate Analyst Salary FAQs

What is the salary of Associate Analyst at Tech Mahindra in Mumbai?

The average salary of a Associate Analyst at Tech Mahindra in Mumbai typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Associate Analyst in Mumbai at Tech Mahindra earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Associate Analyst 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 20+ Tech Mahindra employees in India.

What is the estimated take home salary of a Associate Analyst at Tech Mahindra in Mumbai?

The estimated take-home salary of a Associate Analyst at Tech Mahindra in Mumbai typically ranges from ₹29,480 to ₹30,852 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Analyst at Tech Mahindra in Mumbai?

To be a Associate Analyst at Tech Mahindra in Mumbai, the key skills required include:

- Communication Skills
- KYC
- Content Editing
- Proof Reading
- BPO Non Voice

These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.

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

METRO Global Solutions Center	₹6.0 Lakhs to ₹9.3 Lakhs per year
Infosys	₹4.1 Lakhs to ₹7.0 Lakhs per year
Capgemini	₹3.0 Lakhs to ₹6.5 Lakhs per year
Accenture	₹2.1 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Associate Analyst in companies similar to Tech Mahindra in Mumbai?

The salary of a Associate Analyst at companies similar to Tech Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹2.2 Lakhs to ₹5.1 Lakhs per year
Wipro	₹1.8 Lakhs to ₹4.5 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 Associate Analyst at Tech Mahindra in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.5 Lakhs per year

and so on.

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Tech Mahindra Associate Analyst Salaries in Mumbai

Tech Mahindra Associate Analyst salary in Mumbai ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Tech Mahindra latest salaries received from various employees of Tech Mahindra.