Tech Mahindra Investment Banking Associate Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹3 Lakhs - ₹3.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

79% less than the average Investment Banking Associate Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Last Updated: 3 Jan 2025

Companies similar to Tech Mahindra for Investment Banking Associate

Company name	Avg Annual Salary	Open Jobs
Accenture Investment Banking Associate Salary 0 - 4 years exp. (106 salaries)	₹1.8 L/yr - ₹6.6 L/yr 10% more
Mphasis Investment Banking Associate Salary 0 - 3 years exp. (45 salaries)	₹2 L/yr - ₹3 L/yr 24% less
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TCS Investment Banking Associate Salary 0 - 4 years exp. (39 salaries)	₹1.6 L/yr - ₹3.5 L/yr 18% less
Wipro Investment Banking Associate Salary 0 - 5 years exp. (14 salaries)	₹1.9 L/yr - ₹5.1 L/yr 1% more
Genpact Investment Banking Associate Salary 0 - 5 years exp. (12 salaries)	₹1.5 L/yr - ₹8.1 L/yr 2% more
Cognizant Investment Banking Associate Salary 1 - 12 years exp. (12 salaries)	₹2.5 L/yr - ₹11.3 L/yr 116% more
Coforge Investment Banking Associate Salary 1 - 7 years exp. (8 salaries)	₹2.6 L/yr - ₹5.5 L/yr 15% more
eClerx Investment Banking Associate Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹6.5 L/yr 25% more
Infosys Investment Banking Associate Salary 0 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹4 L/yr 23% less
HCLTech Investment Banking Associate Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 37% less
Capgemini Investment Banking Associate Salary 2 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr 27% more
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Investment Banking Associate salary at Tech Mahindra ranges between ₹3 Lakhs to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra.

Experience wise Tech Mahindra Investment Banking Associate salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

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Salary related reviews for Tech Mahindra

Process Associate in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Avrage ,Job security

Dislikes

No cab facility in odd hours , for female employee. no salary growth , no promotion eve 7 years of employement, no remushment for relocation .no skill development program.favouratism of upper management and clients.

Salary - Bad

+5 more

Analyst in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 Feb 2025

3.0

for Salary and Benefits

Likes

Only just average package of salary nothing else.

Dislikes

6 days of working in a week and no leave for employees working everyday for 10 hours shift in which only 1 hour of break, and that break will be monitored and not to be extended. They also call in national holiday, no diwali no cristmas, work life is very stressed, never join this company, if have some work the tech Mahindra management will not look and their Clients is very harsh and rude.

Skill development - Bad

+5 more

Business Analyst in Mumbai

Full Time

Quality Assurance Department

2.0

• posted on 18 Nov 2024

2.0

for Salary and Benefits

Likes

Salary on time

Job security - Good

Dislikes

Many....no work life balance Transport clubbing issue No appraisal No extra perks Undeserving people get promotion Undeserving people are on higher management Currently in the poorest department of all no RNR if there is any in that too they award the managers and not the employees who has done all the hard work No appreciation

Salary - Poor

+5 more

Team Lead in Noida

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

Salary - Bad

+6 more

Team Lead in Noida

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

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 Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Tech Mahindra ?

The average salary of a Investment Banking Associate at Tech Mahindra in India typically ranges from ₹3.0 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Investment Banking Associate at Tech Mahindra earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Investment Banking Associate 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 4 Tech Mahindra employees in India.

What is the estimated take home salary of a Investment Banking Associate at Tech Mahindra in India?

The estimated take-home salary of a Investment Banking Associate at Tech Mahindra in India typically ranges from ₹23,037 to ₹24,505 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.4 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 4 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 Investment Banking Associate in India?

Cognizant	₹2.5 Lakhs to ₹11.3 Lakhs per year
Capgemini	₹3.0 Lakhs to ₹4.8 Lakhs per year
eClerx	₹2.0 Lakhs to ₹6.5 Lakhs per year
Coforge	₹2.6 Lakhs to ₹5.5 Lakhs per year
Accenture	₹1.8 Lakhs to ₹6.6 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 Investment Banking Associate in companies similar to Tech Mahindra in India?

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

Genpact	₹1.5 Lakhs to ₹8.1 Lakhs per year
Wipro	₹1.9 Lakhs to ₹5.1 Lakhs per year
TCS	₹1.6 Lakhs to ₹3.5 Lakhs per year
Infosys	₹2.1 Lakhs to ₹4.0 Lakhs per year
Mphasis	₹2.0 Lakhs to ₹3.0 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 Investment Banking Associate at Tech Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
1 year	₹2.8 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Tech Mahindra Investment Banking Associate Salaries

Tech Mahindra Investment Banking Associate salary in India ranges between ₹3 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tech Mahindra latest salaries received from various employees of Tech Mahindra.