Tech Mahindra IT Business Analyst Salaries by 4 Employees (Updated 2025)

0 - 10 years exp.

₹6.5 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average IT Business Analyst Salary in IT Services & Consulting Companies for 0 - 10 years of experience

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Last Updated: 25 Jan 2025

Companies similar to Tech Mahindra for IT Business Analyst

Company name	Avg Annual Salary	Open Jobs
TCS IT Business Analyst Salary 2 - 10 years exp. (125 salaries)	₹3 L/yr - ₹11 L/yr 33% less
Wipro IT Business Analyst Salary 2 - 11 years exp. (41 salaries)	₹4.5 L/yr - ₹20 L/yr 6% more
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Accenture IT Business Analyst Salary 2 - 10 years exp. (26 salaries)	₹4 L/yr - ₹14.7 L/yr 7% less
Infosys IT Business Analyst Salary 2 - 9 years exp. (24 salaries)	₹3.4 L/yr - ₹12.5 L/yr 23% less
Cognizant IT Business Analyst Salary 3 - 8 years exp. (18 salaries)	₹6.5 L/yr - ₹13.7 L/yr 10% less
Capgemini IT Business Analyst Salary 2 - 11 years exp. (15 salaries)	₹4.5 L/yr - ₹17.7 L/yr 7% more
IBM IT Business Analyst Salary 1 - 14 years exp. (13 salaries)	₹5.1 L/yr - ₹18 L/yr 2% less
Coforge IT Business Analyst Salary 7 - 15 years exp. (13 salaries)	₹10.2 L/yr - ₹21.5 L/yr 71% more
HCLTech IT Business Analyst Salary 2 - 9 years exp. (13 salaries)	₹3.8 L/yr - ₹13 L/yr 12% less
DXC Technology IT Business Analyst Salary 4 - 12 years exp. (12 salaries)	₹7.3 L/yr - ₹12.8 L/yr 7% more
Genpact IT Business Analyst Salary 0 - 9 years exp. (11 salaries)	₹4.4 L/yr - ₹18 L/yr 1% less
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Mphasis IT Business Analyst Salary 4 - 8 years exp. (7 salaries)	₹5.3 L/yr - ₹12 L/yr 20% less
HCL Group IT Business Analyst Salary 4 - 9 years exp. (5 salaries)	₹7.8 L/yr - ₹9 L/yr 18% less
Birlasoft IT Business Analyst Salary 2 - 11 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr 19% less
LTIMindtree IT Business Analyst Salary 2 - 9 years exp. (4 salaries)	₹7 L/yr - ₹16 L/yr 10% less
Zensar Technologies IT Business Analyst Salary 3 - 15 years exp. (3 salaries)	₹4 L/yr - ₹19 L/yr 15% more
Datamatics Global Services IT Business Analyst Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹12 L/yr 4% less

IT Business Analyst salary at Tech Mahindra ranges between ₹6.5 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra.

Experience wise Tech Mahindra IT Business Analyst salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.5 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.7 L/yr
4 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹16.9 L/yr
5 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
6 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
8 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹15 L/yr

View all

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Top skills at Tech Mahindra for IT Business Analyst

Production Support Derivatives Trading IT Business Analysis Fixed Income Bonds Business Analysis Trade Processing Cash Management Services Immigration Equity Research Card Payments Capital Markets SQL Corporate Banking Glass

Salary related reviews for Tech Mahindra

3.5

Rated by 3 employees for salary & benefits

Senior Software Engineer in Pune

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.

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.

Salary - Poor

+1 more

Senior Software Engineer in Bangalore / Bengaluru

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.

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

Salary - Poor

+2 more

Software Engineer in Bangalore / Bengaluru

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."

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

Senior Software Engineer in Bangalore / Bengaluru

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.

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.

Salary - Bad

+5 more

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 IT Business Analyst Salary FAQs

What is the salary of IT Business Analyst at Tech Mahindra ?

The average salary of a IT Business Analyst at Tech Mahindra in India typically ranges from ₹6.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of IT Business Analyst at Tech Mahindra earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. IT Business 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 4 Tech Mahindra employees in India.

What is the estimated take home salary of a IT Business Analyst at Tech Mahindra in India?

The estimated take-home salary of a IT Business Analyst at Tech Mahindra in India typically ranges from ₹75,090 to ₹77,034 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 10 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.

What are the key skills required to be a IT Business Analyst at Tech Mahindra ?

To be a IT Business Analyst at Tech Mahindra in india, the key skills required include:

- Production Support
- Derivatives Trading
- IT Business Analysis
- Fixed Income
- Bonds

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 IT Business Analyst in India?

Coforge	₹10.2 Lakhs to ₹21.5 Lakhs per year
Zensar Technologies	₹4.0 Lakhs to ₹19.0 Lakhs per year
Capgemini	₹4.5 Lakhs to ₹17.7 Lakhs per year
DXC Technology	₹7.3 Lakhs to ₹12.8 Lakhs per year
Wipro	₹4.5 Lakhs to ₹20.0 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 IT Business Analyst in companies similar to Tech Mahindra in India?

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

Genpact	₹4.4 Lakhs to ₹18.0 Lakhs per year
IBM	₹5.1 Lakhs to ₹18.0 Lakhs per year
Datamatics Global Services	₹6.0 Lakhs to ₹12.0 Lakhs per year
Accenture	₹4.0 Lakhs to ₹14.7 Lakhs per year
LTIMindtree	₹7.0 Lakhs to ₹16.0 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 IT Business Analyst at Tech Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹6.5 Lakhs to ₹12.0 Lakhs per year
1 year	₹6.6 Lakhs to ₹8.5 Lakhs per year
2 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
3 years	₹8.3 Lakhs to ₹15.7 Lakhs per year

and so on.

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Tech Mahindra IT Business Analyst Salaries

Tech Mahindra IT Business Analyst salary in India ranges between ₹6.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tech Mahindra latest salaries received from various employees of Tech Mahindra.