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Tech Mahindra Ifs Functional Consultant salaries in India

Annual salary range
4 - 8 years exp.
₹5.4 Lakhs - ₹7.3 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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16% more than the average Ifs Functional Consultant Salary in IT Services & Consulting Companies for 4 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Ifs Functional Consultant Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹7.3 L/yr

IT & Information Security
Ifs Functional Consultant Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹7 L/yr

Consulting
Ifs Functional Consultant Salary
8 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹7 L/yr

Last Updated: 3 Aug 2024

Companies similar to Tech Mahindra for Ifs Functional Consultant

Company name Avg Annual Salary Open Jobs
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TCS Ifs Functional Consultant Salary

3 - 8 years exp. (3 salaries)

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₹4.4 L/yr - ₹14 L/yr

arrow icon 56% more
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Capgemini Ifs Functional Consultant Salary

2 - 13 years exp. (4 salaries)

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₹5.2 L/yr - ₹10 L/yr

arrow icon 16% more
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Accenture Ifs Functional Consultant Salary

1 - 17 years exp. (4 salaries)

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₹3.5 L/yr - ₹24 L/yr

arrow icon 53% more
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₹1.6 L/yr - ₹7 L/yr

arrow icon 44% less
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₹5 L/yr - ₹11.1 L/yr

arrow icon 17% more
Ifs Functional Consultant salary at Tech Mahindra ranges between ₹5.4 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Ifs Functional Consultant

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Experience wise Tech Mahindra Ifs Functional Consultant salaries

Last Updated: 3 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.4 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹7.3 L/yr

Similar Designation salaries in Tech Mahindra

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₹3.5 L/yr - ₹14.1 L/yr
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₹3.15 L/yr - ₹10.23 L/yr
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₹6.98 L/yr - ₹25.4 L/yr
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₹2.8 L/yr - ₹12.57 L/yr
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₹3.2 L/yr - ₹10 L/yr
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₹14 L/yr - ₹52 L/yr
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₹5.05 L/yr - ₹17 L/yr
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₹3.6 L/yr - ₹13.06 L/yr
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₹3.23 L/yr - ₹12.25 L/yr
Senior Consultant Salary
(372 salaries)
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₹9.03 L/yr - ₹32.13 L/yr

Salary related reviews for Tech Mahindra

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

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  • Salary - Poor
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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
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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

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Jan 2025

2.0
 for  Salary and Benefits

Likes

Cab facility at minimum cost. Nothing else to be liked here

Dislikes

...hey do it, it will be 1-3% max. Bad management and mangers. No benefits & perks. Expectations of late work and weekend work without any extra pay

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Tech Mahindra Ifs Functional Consultant Salary FAQs

What is the salary of Ifs Functional Consultant at Tech Mahindra ?
The average salary of a Ifs Functional Consultant at Tech Mahindra in India typically ranges from ₹5.4 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Ifs Functional Consultant at Tech Mahindra earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Ifs Functional 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 7 Tech Mahindra employees in India.
What is the estimated take home salary of a Ifs Functional Consultant at Tech Mahindra in India?
The estimated take-home salary of a Ifs Functional Consultant at Tech Mahindra in India typically ranges from ₹53,043 to ₹54,292 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 4 years to 8 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 7 salaries received from various employees of Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Tech Mahindra for Ifs Functional Consultant in India?
TCS ₹4.4 Lakhs to ₹14.0 Lakhs per year
Accenture ₹3.5 Lakhs to ₹24.0 Lakhs per year
Envecon IT Systems ₹5.0 Lakhs to ₹11.1 Lakhs per year
Capgemini ₹5.2 Lakhs to ₹10.0 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 Ifs Functional Consultant in companies similar to Tech Mahindra in India?
The salary of a Ifs Functional Consultant at companies similar to Tech Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BAeHAL Software ₹1.6 Lakhs to ₹7.0 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 Ifs Functional Consultant at Tech Mahindra in India?
The salary growth for a Ifs Functional Consultant at Tech Mahindra depends on factors such as experience, performance, and promotions. On average, a Ifs Functional Consultant can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
4 years ₹6.5 Lakhs to ₹12.4 Lakhs per year
5 years ₹2.8 Lakhs to ₹7.0 Lakhs per year
6 years ₹2.8 Lakhs to ₹7.0 Lakhs per year
7 years ₹6.6 Lakhs to ₹7.0 Lakhs per year
and so on.

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Tech Mahindra Ifs Functional Consultant salary in India ranges between ₹5.4 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Tech Mahindra latest salaries received from various employees of Tech Mahindra.