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Tech Mahindra Banking Operations Associate salaries in Mumbai (Updated 2025)

Annual salary range
0 - 12 years exp.
₹3.1 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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18% more than the average Banking Operations Associate Salary in IT Services & Consulting Companies for 0 - 12 years of experience

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Last Updated: 16 Jan 2025

Companies similar to Tech Mahindra for Banking Operations Associate in Mumbai

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Tech Mahindra Banking Operations Associate Salary

0 - 12 years exp. (4 salaries)

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₹3.1 L/yr - ₹4.5 L/yr

vs
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₹2.4 L/yr - ₹3.9 L/yr

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Accenture Banking Operations Associate Salary

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₹2 L/yr - ₹6 L/yr

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₹2.2 L/yr - ₹3 L/yr

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₹2.3 L/yr - ₹2.9 L/yr

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Sopra Steria

Success to our employee's well-being? A work-life balance that's simply unbeatable.

Our employees have rated us 4 for Work-Life Balance on AmbitionBox

Banking Operations Associate salary at Tech Mahindra ranges between ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Banking Operations Associate in Mumbai

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1 year exp.
6mo ago
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12 years exp.
8mo ago
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8 years exp.

Experience wise Tech Mahindra Banking Operations Associate salaries in Mumbai

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
12 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Tech Mahindra

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₹1.95 L/yr - ₹6 L/yr
Senior Analyst Salary
(36 salaries)
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₹3 L/yr - ₹12 L/yr
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₹2 L/yr - ₹5 L/yr
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₹3.7 L/yr - ₹4.48 L/yr
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₹1.8 L/yr - ₹5.1 L/yr
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Salary related reviews for Tech Mahindra

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Jul 2024

1.0
 for  Salary and Benefits

Likes

Apart from the process which they have nothing is good

Dislikes

...m are very good but they don't have proper management to manage those nicely 5) They don't have appraisal process as the salary remains same until you have are selected in IJP and moved to other process or position

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 15 Oct 2024

1.0
 for  Salary and Benefits

Likes

Nothing TRUE hell

Dislikes

Everything no professionalism no appraisal no salary satisfaction no job security as they pick you without on paper and now you cannot go back to the previous role and giving 200 percent still its not enough

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 07 Sep 2024

3.0
 for  Salary and Benefits

Likes

There are ample opportunities of growth and the work culture is also satisfactory

  • Skill development - Good
  • +4 more

Dislikes

As such there is nothing i can put under dislike section however pay scale can be improved as per rival organisations in the market

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 12 Jun 2024

2.0
 for  Salary and Benefits

Likes

Promotions

  • Job security - Good
  • +1 more

Dislikes

Salary increament is very low and management is very bad. Not much employee centric and don’t give preference to employees social and personal life. Pressurized and negative environment. Bad policies about leaves

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 10 Apr 2024

1.0
 for  Salary and Benefits

Likes

To be honest it depends upon the project. I am in Verizon project and there is no rules and regulations. They do what want to do and if you will raise voice they will audit your chats and give u ZTP

read more

Dislikes

In this Verizon process there are many people who are facing salary issue. Your bonus and OT amount get stuck if you do not have good contact with upper department. They do no provide email access to employees to raise voice or have anything documented. When you will say that anything was promised to you . They will ask do you have any proof.

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

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Tech Mahindra Banking Operations Associate Salary FAQs

What is the salary of Banking Operations Associate at Tech Mahindra Mumbai?
Banking Operations Associate salary at Tech Mahindra in Mumbai ranges between ₹3.1 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 18% more than the average Banking Operations Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra Mumbai.
How does the salary of a Banking Operations Associate at Tech Mahindra Mumbai compare with the average salary range for this job?
The average salary of a Banking Operations Associate at Tech Mahindra is 18% more than the average salary of a Banking Operations Associate in Mumbai. To know exact salary insights, login to view.
What is the salary of a Banking Operations Associate in companies similar to Tech Mahindra in Mumbai?
  • Accenture Banking Operations Associate Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • TCS Banking Operations Associate Salary - ₹2.4 Lakhs to ₹3.9 Lakhs per year
  • Datamatics Global Services Banking Operations Associate Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
  • The Co-operative Bank Banking Operations Associate Salary - ₹2.3 Lakhs to ₹2.9 Lakhs per year
  • Tata Capital Banking Operations Associate Salary - ₹2.2 Lakhs to ₹2.8 Lakhs per year
What is the estimated take home salary of a Banking Operations Associate at Tech Mahindra in Mumbai?
The estimated take-home salary of a Banking Operations Associate at Tech Mahindra ranges between ₹26,318 per month to ₹27,737 per month in Mumbai. The take-home salary calculation is based on the average Tech Mahindra Banking Operations Associate salary in India which ranges between ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Banking Operations Associate at Tech Mahindra in Mumbai?
According to AmbitionBox, 75% of the Tech Mahindra Banking Operations Associates in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Tech Mahindra Banking Operations Associate salary in Mumbai ranges between ₹3.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Tech Mahindra latest salaries received from various employees of Tech Mahindra.

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