Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary38% less than the average Product Engineer Salary in IT Services & Consulting Companies for 2 - 7 years of experience
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Salaries in different departments
Research & Development
Product Engineer Salary
2 - 7
years
exp.
(15
salaries)
|  ₹4 L/yr - ₹7 L/yr |
Production, Manufacturing & Engineering
Product Engineer Salary
2 - 7
years
exp.
(10
salaries)
| ₹3.5 L/yr - ₹9.2 L/yr |
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| |
Data Science & Analytics
Product Engineer Salary
3 - 7
years
exp.
(3
salaries)
| ₹4.9 L/yr - ₹5.6 L/yr |
Procurement & Supply Chain
Product Engineer Salary
4 - 5
years
exp.
(3
salaries)
| ₹4 L/yr - ₹7.5 L/yr |
Engineering - Hardware & Networks
Product Engineer Salary
2 - 3
years
exp.
(AmbitionBox Estimate)
| ₹4.2 L/yr - ₹5.5 L/yr |
Companies similar to Tech Mahindra for Product Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 TCS Product Engineer Salary
0 - 4 years exp. (388 salaries) | ₹2.8 L/yr - ₹9 L/yr 
1%
less | |
 LTIMindtree Product Engineer Salary
1 - 5 years exp. (281 salaries) | ₹3.6 L/yr - ₹12.5 L/yr 
33%
more | |
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| ||
 HCLTech Product Engineer Salary
1 - 6 years exp. (86 salaries) | ₹2.8 L/yr - ₹8 L/yr
3%
less | |
 Wipro Product Engineer Salary
0 - 3 years exp. (61 salaries) | ₹3 L/yr - ₹8 L/yr
11%
less | 6 job openings |
 Cognizant Product Engineer Salary
1 - 7 years exp. (39 salaries) | ₹4 L/yr - ₹13 L/yr
59%
more | |
 Mercedes-Benz Research and Development India Product Engineer Salary
0 - 10 years exp. (18 salaries) | ₹8 L/yr - ₹18 L/yr
123%
more | |
 IBM Product Engineer Salary
0 - 14 years exp. (7 salaries) | ₹7.9 L/yr - ₹31 L/yr
259%
more | |
 Accenture Product Engineer Salary
1 - 7 years exp. (7 salaries) | ₹4 L/yr - ₹6.5 L/yr
1%
more | |
 Infosys Product Engineer Salary
Fresher (6 salaries) | ₹5.8 L/yr - ₹8 L/yr
26%
more | |
 Persistent Systems Product Engineer Salary
8 - 11 years exp. (6 salaries) | ₹10.4 L/yr - ₹20 L/yr
234%
more | |
 DXC Technology Product Engineer Salary
2 - 5 years exp. (5 salaries) | ₹5.5 L/yr - ₹15 L/yr
96%
more | |
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| ||
 HCL Group Product Engineer Salary
2 - 4 years exp. (4 salaries) | ₹2.5 L/yr - ₹4 L/yr
30%
less | |
 L&T Technology Services Product Engineer Salary
1 - 3 years exp. (4 salaries) | ₹4 L/yr - ₹16 L/yr
38%
more | |
 Cyient Product Engineer Salary
2 - 9 years exp. (4 salaries) | ₹4 L/yr - ₹7.5 L/yr
18%
more | |
 Test Yantra Software Solutions Product Engineer Salary
6 - 10 years exp. (3 salaries) | ₹33 L/yr - ₹58.4 L/yr
742%
more | |
 Tata Elxsi Product Engineer Salary
0 - 3 years exp. (3 salaries) | ₹5 L/yr - ₹5.5 L/yr
2%
more | |
 Capgemini Product Engineer Salary
3 - 12 years exp. (3 salaries) | ₹5 L/yr - ₹20.5 L/yr
113%
more | |
Latest annual salaries shared by Tech Mahindra Product Engineer
Experience wise Tech Mahindra Product Engineer salaries
Last Updated: 17 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (4 salaries) |
₹3.5
L/yr
- ₹8.8
L/yr
|
| 3 years (5 salaries) |
₹3.8
L/yr
- ₹5.6
L/yr
|
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| |
| 4 years (10 salaries) |
₹3.8
L/yr
- ₹7.5
L/yr
|
| 5 years (9 salaries) |
₹4
L/yr
- ₹7.5
L/yr
|
| 6 years (5 salaries) |
₹4
L/yr
- ₹6.8
L/yr
|
Similar Designation salaries in Tech Mahindra
Top skills at Tech Mahindra for Product Engineer
Salary related reviews for Tech Mahindra
Discover interview dos and don'ts from real experiences
What people are saying about Tech Mahindra
Tech Mahindra Product Engineer Salary FAQs
The top 10% of Product Engineer at Tech Mahindra earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Product Engineer 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.
- - Product Engineering
- - Testing
- - Management
- - Product Development
- - SLAS
These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.
| Test Yantra Software Solutions | ₹33.0 Lakhs to ₹58.4 Lakhs per year |
| IBM | ₹7.9 Lakhs to ₹31.0 Lakhs per year |
| Persistent Systems | ₹10.4 Lakhs to ₹20.0 Lakhs per year |
| Mercedes-Benz Research and Development India | ₹8.0 Lakhs to ₹18.0 Lakhs per year |
| Capgemini | ₹5.0 Lakhs to ₹20.5 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.
| DXC Technology | ₹5.5 Lakhs to ₹15.0 Lakhs per year |
| Cognizant | ₹4.0 Lakhs to ₹13.0 Lakhs per year |
| L&T Technology Services | ₹4.0 Lakhs to ₹16.0 Lakhs per year |
| LTIMindtree | ₹3.6 Lakhs to ₹12.5 Lakhs per year |
| Infosys | ₹5.8 Lakhs to ₹8.0 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.5 Lakhs to ₹8.8 Lakhs per year |
| 3 years | ₹3.8 Lakhs to ₹5.6 Lakhs per year |
| 4 years | ₹3.8 Lakhs to ₹7.5 Lakhs per year |
| 5 years | ₹4.0 Lakhs to ₹7.5 Lakhs per year |
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Tech Mahindra Product Engineer Salaries by Location
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Tech Mahindra Product Engineer salary
in
India
ranges between ₹3.5
Lakhs to ₹10.1
Lakhs with an average annual salary of
₹. Salary estimates are based on
40
Tech Mahindra latest salaries received from various employees of
Tech Mahindra.