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Tech Mahindra Fico Consultant salaries in Mumbai

Annual salary range
4 - 7 years exp.
₹5 Lakhs - ₹8.2 Lakhs
Salary of majority employees
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5% less than the average Fico Consultant Salary in IT Services & Consulting Companies for 4 - 7 years of experience

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Salaries in different departments

IT & Information Security
Fico Consultant Salary
4 - 7 years exp. (3 salaries)
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₹5 L/yr - ₹8.2 L/yr

Consulting
Fico Consultant Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.4 L/yr

Last Updated: 10 Oct 2024

Companies similar to Tech Mahindra for Fico Consultant in Mumbai

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Tech Mahindra Fico Consultant Salary

4 - 7 years exp. (5 salaries)

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₹5 L/yr - ₹8.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Fico Consultant Salary

4 - 8 years exp. (3 salaries)

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₹7.5 L/yr - ₹9 L/yr

arrow icon 7% more
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Infocost Solution Fico Consultant Salary

1 - 5 years exp. (4 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 36% less
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VVF Fico Consultant Salary

6 - 12 years exp. (4 salaries)

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₹7.7 L/yr - ₹8 L/yr

arrow icon 7% more
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PwC Fico Consultant Salary

1 - 4 years exp. (3 salaries)

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₹8.6 L/yr - ₹9.5 L/yr

arrow icon 21% more
Fico Consultant salary at Tech Mahindra ranges between ₹5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Fico Consultant in Mumbai

5mo ago
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4 years exp.
11mo ago
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7 years exp.
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5 years exp.
1y ago
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4 years exp.

Experience wise Tech Mahindra Fico Consultant salaries in Mumbai

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr

Similar Designation salaries in Tech Mahindra

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₹10.4 L/yr - ₹32.13 L/yr
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₹19.5 L/yr - ₹40 L/yr
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₹3.5 L/yr - ₹12.66 L/yr
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₹3 L/yr - ₹6.5 L/yr

Top skills at Tech Mahindra for Fico Consultant

Finance Hiring SAP Finance SAP FICO

Salary related reviews for Tech Mahindra

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

4.0
  •  posted on 05 Mar 2025

2.0
 for  Salary and Benefits

Likes

You can work on different roles from top to bottom like from solution architect, coe,business analyst to system administrator hardware engineer.

read more

Dislikes

...ategory. No onsite opportunity but at the time of joining they ask for passport. Hike is nominal if you get 5rating then you will be promoted but don't think about increase in salary. False commitment

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Consulting Department

2.0
  •  posted on 18 Feb 2025

2.0
 for  Salary and Benefits

Likes

They pay the salary on time.

Dislikes

When the business goes down they don't hesitate to layoff the employee in days. When the issues in the project are reported the management doesn't interfere and take necessary steps to control the damage. Whatever the client says becomes final without any query and response. Worst management practices. Never join this company unless there is a compulsion.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Writing about them

Dislikes

To put it very simply, there won't be a double-digit salary hike even if you work for 10 years. The management is toxic, and it can be very depressing. Start learning new things while working here, as nothing in this company will provide you with good experience, except the total years of experience."

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing yet, May be if you want to relax, this is better, as they won't have any challenging work. All you can do is work for you ticket for some time and finish it off. The time spent on the office work will be really less.

read more

Dislikes

...r junior. Shouting, screaming and blame shift is very normal in day to day life. * Seniors will behave in a way they own you, they have bought you for that cheap salary they provide. * Office politics is very concerning. One who has not been in this type of culture will start to hate everything about the culture.

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

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Tech Mahindra Fico Consultant Salary FAQs

What is the salary of Fico Consultant at Tech Mahindra in Mumbai?
The average salary of a Fico Consultant at Tech Mahindra in Mumbai typically ranges from ₹5.0 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Fico Consultant in Mumbai at Tech Mahindra earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Fico Consultant 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 Fico Consultant at Tech Mahindra in Mumbai?
The estimated take-home salary of a Fico Consultant at Tech Mahindra in Mumbai typically ranges from ₹54,287 to ₹55,642 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 are the key skills required to be a Fico Consultant at Tech Mahindra in Mumbai?
To be a Fico Consultant at Tech Mahindra in Mumbai, the key skills required include:

  • - Finance
  • - Hiring
  • - SAP Finance
  • - SAP FICO

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 Fico Consultant in India?
PwC ₹8.6 Lakhs to ₹9.5 Lakhs per year
TCS ₹7.5 Lakhs to ₹9.0 Lakhs per year
VVF ₹7.7 Lakhs to ₹8.0 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 Fico Consultant in companies similar to Tech Mahindra in Mumbai?
The salary of a Fico Consultant at companies similar to Tech Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Infocost Solution ₹2.4 Lakhs to ₹6.3 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 Fico Consultant at Tech Mahindra in Mumbai?
The salary growth for a Fico Consultant at Tech Mahindra in Mumbai depends on factors such as experience, performance, and promotions. On average, a Fico Consultant in Mumbai can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
5 years ₹6.6 Lakhs to ₹8.4 Lakhs per year
6 years ₹7.1 Lakhs to ₹9.0 Lakhs per year
7 years ₹7.6 Lakhs to ₹9.7 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Fico Consultant salary in Mumbai ranges between ₹5 Lakhs to ₹8.2 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.