Tech Mahindra Product Associate Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Product Associate Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Salaries in different departments

Engineering - Software & QA Product Associate Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
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Product Management Product Associate Salary 1 year exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 27 Jan 2025

Companies similar to Tech Mahindra for Product Associate

Company name	Avg Annual Salary	Open Jobs
TCS Product Associate Salary 2 - 5 years exp. (5 salaries)	₹3.9 L/yr - ₹10 L/yr 99% more
Wipro Product Associate Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 36% less
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HCLTech Product Associate Salary 9 - 12 years exp. (3 salaries)	₹14 L/yr - ₹15 L/yr 254% more
Accenture Product Associate Salary 2 - 10 years exp. (4 salaries)	₹5 L/yr - ₹45 L/yr 353% more
Genpact Product Associate Salary 3 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4.1 L/yr 9% less

Product Associate salary at Tech Mahindra ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra.

Experience wise Tech Mahindra Product Associate salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
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2 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

Similar Designation salaries in Tech Mahindra

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₹11 L/yr - ₹38.76 L/yr

Product Owner Salary

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Production Manager Salary

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Project Manager Salary

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Program Manager Salary

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Scrum Master Salary

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Lead Product Manager Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

Group Product Manager Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Deputy Manager Salary

(8 salaries)

₹10 L/yr - ₹26.85 L/yr

Salary related reviews for Tech Mahindra

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

Product Manager in Mumbai

Full Time

Project & Program Management Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing to like here.

Dislikes

- work culture - management - salary - no appraisals - they will hire you for for the role you applied for but the work will be different from your job roles and responsibilities

Salary - Bad

+6 more

Project Manager in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 19 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like in tech mahindra

Dislikes

I served almost 13 years of experience and handled around 30members team .My role was project manager and my salary is not as per my experience and even they deducted 20% salary 4 years.No standard aprisal process.

Salary - Bad

+5 more

Business Analyst in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

No likes see this platform is also not provided to use pathetic word the says you use inappropriate words

Dislikes

Nothing company is worst, no pramotion no salary hike nothing no one is support, no one is care about the employee they treat us like dogs, worst company and worst supervisor and HR's

Salary - Bad

+6 more

Project Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 26 Oct 2023

2.0

for Salary and Benefits

Likes

Learning opportunities, wide array of technologies, dozens of customers, decent bench management -- get placed within few days in most cases, buses to different locations, decent campus.

Skill development - Good

+1 more

Dislikes

Variable pay cut for P1 band and above, sometimes made known. Sometimes, just deducted without prior information. Personal financials take a tool and mess up.

Salary - Poor

+1 more

see more salary related reviews

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a senior associate

Need Suggestions on Job Offers

Hi Everyone, I am currently working at Accenture as a Consultant with a fixed CTC of 10.70 LPA. I have received offers for a senior position from both Deloitte USI and Tech Mahindra: Deloitte USI: 19.5 LPA (fixed) Tech Mahindra: 20 LPA (fixed) I would appreciate your suggestions on which offer would be a better choice. Looking forward to your insights! Thanks.

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Tech Mahindra Product Associate Salary FAQs

What is the salary of Product Associate at Tech Mahindra ?

The average salary of a Product Associate at Tech Mahindra in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Product Associate at Tech Mahindra earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Product 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 Product Associate at Tech Mahindra in India?

The estimated take-home salary of a Product Associate at Tech Mahindra in India typically ranges from ₹29,886 to ₹31,202 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Product Associate in India?

Accenture	₹5.0 Lakhs to ₹45.0 Lakhs per year
HCLTech	₹14.0 Lakhs to ₹15.0 Lakhs per year
TCS	₹3.9 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 Product Associate in companies similar to Tech Mahindra in India?

The salary of a Product 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	₹3.2 Lakhs to ₹4.1 Lakhs per year
Wipro	₹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 Product Associate at Tech Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.3 Lakhs per year
1 year	₹1.7 Lakhs to ₹4.8 Lakhs per year
2 years	₹5.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Tech Mahindra Product Associate Salaries

Tech Mahindra Product Associate salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tech Mahindra latest salaries received from various employees of Tech Mahindra.