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Tech Mahindra Principal Consultant salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
15 - 25 years exp.
₹22 Lakhs - ₹50 Lakhs
Salary of majority employees
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Fixed (84%)
₹29.7 Lakhs
Variable (16%)
₹5.5 Lakhs
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24% more than the average Principal Consultant Salary in IT Services & Consulting Companies for 15 - 25 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Consultant Salary
16 - 23 years exp. (6 salaries)
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₹23.5 L/yr - ₹34.1 L/yr

BFSI, Investments & Trading
Principal Consultant Salary
16 - 18 years exp. (4 salaries)
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₹29 L/yr - ₹43 L/yr

Project & Program Management
Principal Consultant Salary
17 - 23 years exp. (4 salaries)
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₹22 L/yr - ₹45 L/yr

Consulting
Principal Consultant Salary
18 - 23 years exp. (4 salaries)
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₹32 L/yr - ₹39 L/yr

Data Science & Analytics
Principal Consultant Salary
21 - 24 years exp. (3 salaries)
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₹34.3 L/yr - ₹39.7 L/yr

View all

Last Updated: 24 Feb 2025

Companies similar to Tech Mahindra for Principal Consultant in Bangalore / Bengaluru

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Tech Mahindra Principal Consultant Salary

15 - 25 years exp. (42 salaries)

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₹22 L/yr - ₹50 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Infosys Principal Consultant Salary

12 - 25 years exp. (659 salaries)

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₹15 L/yr - ₹53 L/yr

arrow icon 1% less
1 job opening
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Wipro Principal Consultant Salary

9 - 22 years exp. (607 salaries)

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₹14.3 L/yr - ₹44.5 L/yr

arrow icon 18% less
8 job openings
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Genpact Principal Consultant Salary

6 - 17 years exp. (565 salaries)

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₹13.8 L/yr - ₹40 L/yr

arrow icon 23% less
4 job openings
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₹12 L/yr - ₹37.5 L/yr

arrow icon 17% less
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LTIMindtree Principal Consultant Salary

11 - 19 years exp. (62 salaries)

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₹20 L/yr - ₹45 L/yr

arrow icon 15% less
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NTT Data Principal Consultant Salary

7 - 12 years exp. (41 salaries)

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₹10 L/yr - ₹33 L/yr

arrow icon 30% less
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Cognizant Principal Consultant Salary

10 - 17 years exp. (32 salaries)

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₹13 L/yr - ₹30 L/yr

arrow icon 39% less
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Birlasoft Principal Consultant Salary

11 - 19 years exp. (26 salaries)

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₹16.8 L/yr - ₹38 L/yr

arrow icon 23% less
2 job openings
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TCS Principal Consultant Salary

11 - 25 years exp. (12 salaries)

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₹20.1 L/yr - ₹58.5 L/yr

arrow icon 22% more
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Capgemini Principal Consultant Salary

11 - 15 years exp. (10 salaries)

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₹18 L/yr - ₹33 L/yr

arrow icon 21% less
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Accenture Principal Consultant Salary

10 - 17 years exp. (8 salaries)

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₹20 L/yr - ₹49.9 L/yr

arrow icon 3% more
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IBM Principal Consultant Salary

7 - 14 years exp. (6 salaries)

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₹14 L/yr - ₹43 L/yr

arrow icon 4% less
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HCLTech Principal Consultant Salary

10 - 16 years exp. (6 salaries)

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₹33 L/yr - ₹38.5 L/yr

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Persistent Systems Principal Consultant Salary

11 - 23 years exp. (5 salaries)

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₹33 L/yr - ₹39.4 L/yr

arrow icon 7% more
1 job opening
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HCL Group Principal Consultant Salary

10 - 19 years exp. (4 salaries)

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₹34.7 L/yr - ₹49 L/yr

arrow icon 20% more
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Mphasis Principal Consultant Salary

5 - 10 years exp. (4 salaries)

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₹10.2 L/yr - ₹24.2 L/yr

arrow icon 44% less
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DXC Technology Principal Consultant Salary

11 - 16 years exp. (3 salaries)

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₹25 L/yr - ₹37 L/yr

arrow icon 19% less
Principal Consultant salary at Tech Mahindra ranges between ₹22 Lakhs to ₹50 Lakhs per year for employees with experience between 15 years to 25 years. Salary estimates are based on 42 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Principal Consultant in Bangalore / Bengaluru

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17 years exp.
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23 years exp.
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18 years exp.
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18 years exp.
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21 years exp.
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25 years exp.
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18 years exp.
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17 years exp.
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15 years exp.

Experience wise Tech Mahindra Principal Consultant salaries in Bangalore / Bengaluru

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
15+ years  (42 salaries)

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₹22 L/yr - ₹50 L/yr

Similar Designation salaries in Tech Mahindra

Technical Lead Salary
(2.9k salaries)
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₹8.6 L/yr - ₹37.7 L/yr
Project Lead Salary
(468 salaries)
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₹8 L/yr - ₹30 L/yr
Technical Manager Salary
(288 salaries)
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₹10.87 L/yr - ₹40 L/yr
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₹11.93 L/yr - ₹44 L/yr
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₹2.64 L/yr - ₹20 L/yr
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₹9 L/yr - ₹37 L/yr
Senior Associate Salary
(166 salaries)
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₹2.15 L/yr - ₹8.8 L/yr
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₹15.8 L/yr - ₹35 L/yr
Lead Consultant Salary
(28 salaries)
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₹11.8 L/yr - ₹35 L/yr

Top skills at Tech Mahindra for Principal Consultant

Gap Analysis Project Delivery Green Field Projects Business Solutions SAP PS Competency management Conceptualization Project Management Consulting System Management Regulatory Compliance Front Office Capability Building Banking Leadership

Salary related reviews for Tech Mahindra

3.4

Rated by 6 employees for salary & benefits

Project & Program Management Department

2.0
  •  posted on 21 Apr 2021

1.0
 for  Salary and Benefits

Likes

... from customer, i had to move on. Lobby works.. If u r marathi u will flourish.. No timely salary hikes... No promotions.. No growth map.. They juat want u4 and just work. Employee has become comodity and number

read more

Dislikes

Management needs to be changes who r sitting since 1996 and not allowing talented and motivatrd workforce to grow

  • Salary - Bad
  • +5 more

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

2.0
  •  posted on 15 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing to like as what tht ecompany claims as facilities are the ones given by every company.

Dislikes

No salary hikes. If you get also, it will be 1 or 2 percent. For anything you need to raise request. Your bags will be checked everytime. No flexible location available. You need to travel long even if your team is not present there.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 15 Mar 2025

1.0
 for  Salary and Benefits

Likes

Till now nothing... I would recommend everyone, not to join unless you are completely jobless and need atleast something to survive...

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Dislikes

Almost everything, including the management, work life balance, salary benefits etc, nowhere you will find satisfaction, not even 30%...

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 12 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Low Salary, No hikes, long working hours, calls for long hours after shift ends. Continuous calls from manager after work timings. No work life balance. No skill development as you are shifted from project to project when you start learning. No team bonding. Everyone tried to put blame on one another. No team lunches. No appreciation of work done. No comp off provided for working on weekends. Bad food on campus.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Tech Mahindra Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Tech Mahindra in Bangalore / Bengaluru?
The average salary of a Principal Consultant at Tech Mahindra in Bangalore / Bengaluru typically ranges from ₹22.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 15 years to 25 years).

The top 10% of Principal Consultant in Bangalore / Bengaluru at Tech Mahindra earn more than ₹43.6 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Principal 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 40+ Tech Mahindra employees in India.
What is the estimated take home salary of a Principal Consultant at Tech Mahindra in Bangalore / Bengaluru?
The estimated take-home salary of a Principal Consultant at Tech Mahindra in Bangalore / Bengaluru typically ranges from ₹2,12,878 to ₹2,21,367 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 15 years to 25 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 40+ 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 Principal Consultant at Tech Mahindra in Bangalore / Bengaluru?
To be a Principal Consultant at Tech Mahindra in Bangalore / Bengaluru, the key skills required include:

  • - Gap Analysis
  • - Project Delivery
  • - Green Field Projects
  • - Business Solutions
  • - SAP PS

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 Principal Consultant in India?
TCS ₹20.1 Lakhs to ₹58.5 Lakhs per year
HCL Group ₹34.7 Lakhs to ₹49.0 Lakhs per year
Persistent Systems ₹33.0 Lakhs to ₹39.4 Lakhs per year
Accenture ₹20.0 Lakhs to ₹49.9 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 Principal Consultant in companies similar to Tech Mahindra in Bangalore / Bengaluru?
The salary of a Principal Consultant at companies similar to Tech Mahindra in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Infosys ₹15.0 Lakhs to ₹53.0 Lakhs per year
HCLTech ₹33.0 Lakhs to ₹38.5 Lakhs per year
IBM ₹14.0 Lakhs to ₹43.0 Lakhs per year
LTIMindtree ₹20.0 Lakhs to ₹45.0 Lakhs per year
Mercedes-Benz Research and Development India ₹12.0 Lakhs to ₹37.5 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 Principal Consultant at Tech Mahindra in Bangalore / Bengaluru?
The salary growth for a Principal Consultant at Tech Mahindra in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Principal Consultant in Bangalore / Bengaluru can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
15 years ₹22.0 Lakhs to ₹50.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Principal Consultant salary in Bangalore / Bengaluru ranges between ₹22 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Tech Mahindra latest salaries received from various employees of Tech Mahindra.