Tech Mahindra Senior Associate Analyst Salaries by 800+ Employees (Updated 2025)

1 - 8 years exp.

₹2.2 Lakhs - ₹10 Lakhs

Salary of majority employees

Fixed (92%)

₹5.2 Lakhs

Variable (8%)

₹0.4 Lakh

At par with the average Senior Associate Analyst Salary in IT Services & Consulting Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Analyst Salary 1 - 8 years exp. (155 salaries)	₹2.3 L/yr - ₹9.3 L/yr
Customer Success, Service & Operations Senior Associate Analyst Salary 1 - 8 years exp. (135 salaries)	₹2.8 L/yr - ₹9.3 L/yr
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Procurement & Supply Chain Senior Associate Analyst Salary 1 - 8 years exp. (82 salaries)	₹2.6 L/yr - ₹10 L/yr
BFSI, Investments & Trading Senior Associate Analyst Salary 1 - 8 years exp. (63 salaries)	₹2.8 L/yr - ₹9.5 L/yr
Data Science & Analytics Senior Associate Analyst Salary 2 - 7 years exp. (61 salaries)	₹2.2 L/yr - ₹8.5 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to Tech Mahindra for Senior Associate Analyst

Company name	Avg Annual Salary	Open Jobs
Wipro Senior Associate Analyst Salary 1 - 4 years exp. (166 salaries)	₹1.5 L/yr - ₹5.5 L/yr 43% less
Infosys Senior Associate Analyst Salary 0 - 5 years exp. (99 salaries)	₹3.8 L/yr - ₹7.5 L/yr 11% less
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Genpact Senior Associate Analyst Salary 0 - 4 years exp. (53 salaries)	₹3.5 L/yr - ₹6.2 L/yr 18% less
TCS Senior Associate Analyst Salary 2 - 10 years exp. (43 salaries)	₹2.5 L/yr - ₹6.4 L/yr 25% less
Accenture Senior Associate Analyst Salary 2 - 8 years exp. (33 salaries)	₹3.8 L/yr - ₹10.5 L/yr 44% more
Capgemini Senior Associate Analyst Salary 2 - 8 years exp. (23 salaries)	₹3 L/yr - ₹5.5 L/yr 24% less
Cognizant Senior Associate Analyst Salary 2 - 10 years exp. (22 salaries)	₹5 L/yr - ₹20.2 L/yr 113% more
Coforge Senior Associate Analyst Salary 2 - 7 years exp. (6 salaries)	₹6.8 L/yr - ₹17 L/yr 102% more
Mphasis Senior Associate Analyst Salary 3 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 9% less
HCLTech Senior Associate Analyst Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹10.5 L/yr 17% more
IBM Senior Associate Analyst Salary 6 - 9 years exp. (4 salaries)	₹3.7 L/yr - ₹9.4 L/yr 1% less
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eClerx Senior Associate Analyst Salary 0 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹16 L/yr 59% more

Senior Associate Analyst salary at Tech Mahindra ranges between ₹2.2 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 845 latest salaries received from various employees of Tech Mahindra.

Experience wise Tech Mahindra Senior Associate Analyst salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
1 year (20 salaries)	₹3.1 L/yr - ₹7.5 L/yr
2 years (108 salaries)	₹2.3 L/yr - ₹8.8 L/yr
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3 years (170 salaries)	₹2.2 L/yr - ₹9 L/yr
4 years (181 salaries)	₹2.3 L/yr - ₹9.5 L/yr
5 years (168 salaries)	₹2.7 L/yr - ₹10 L/yr
6 years (113 salaries)	₹3 L/yr - ₹9.8 L/yr
7 years (58 salaries)	₹3.5 L/yr - ₹9.3 L/yr
8 years (27 salaries)	₹3.8 L/yr - ₹9.3 L/yr

View all

From

Senior Associate Analyst

₹

Lakhs/yr

1 - 8 years exp.

Program Manager

₹

Lakhs/yr

13 - 26 years exp.

Senior Associate Analyst

1 - 8 years exp.

Team Lead

1 - 16 years exp.

95% hike

Project Manager

8 - 24 years exp.

99% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tech Mahindra

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Senior Analyst Salary

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Financial Analyst Salary

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₹2 L/yr - ₹6.82 L/yr

Business Analyst Salary

(1.4k salaries)

₹4.46 L/yr - ₹17.5 L/yr

Credit Analyst Salary

(8 salaries)

₹3.4 L/yr - ₹7 L/yr

Research Analyst Salary

(5 salaries)

₹2.75 L/yr - ₹7 L/yr

Associate Consultant Salary

(593 salaries)

₹3.2 L/yr - ₹12.5 L/yr

Senior Process Associate Salary

(276 salaries)

₹2 L/yr - ₹5.6 L/yr

Top skills at Tech Mahindra for Senior Associate Analyst

KYC Due Diligence Quality Check international voice non voice Interviewing Onboarding Anti Money Laundering Factiva Sanction Technical Operations Banking Lexis Nexis Semi Voice RDC

Salary related reviews for Tech Mahindra

2.8

Rated by 98 employees for salary & benefits

Senior Associate Analyst in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Aug 2023

2.0

for Salary and Benefits

Likes

Tech M is a not a place you search for better salary or better position or better lifestyle/culture. Tech M is a place where you can learn a lot from the people qho are with Tech M for a very long time and have seen many changes in the tech industry and just hearing their experiences can give a vast knowledge for someome who is a fresher.

Job security - Good

+1 more

Dislikes

Management is sloppy and HR services are not adequate, little to no cleanliness on campus, not employee friendly at all, and extremely client driven mentality without realising the consequenses and burdens on employees.

Salary - Poor

+3 more

Senior Associate Analyst in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

2.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

Basic salary will be very low and take home will be lesser than promised salary. Because here variable pay included in to fixed CTC. We will get to know this after we join and get the first salary. If we question them about this there will be no solution.

Dislikes

Salary - Bad
Promotions - Bad

+2 more

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

see more salary related reviews

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What people are saying about Tech Mahindra

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littleiv

works at

Capgemini

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 2=23.37 Joining bonus is 1 lakh Tech M pays almost variable pay every month whereas IBM at year end. ( we get 80% variable pay in Tech M ,50% in IBM) Your Responses and thoughts will be appreciated. Thank you

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Tech Mahindra Senior Associate Analyst Salary FAQs

What is the salary of Senior Associate Analyst at Tech Mahindra ?

The average salary of a Senior Associate Analyst at Tech Mahindra in India typically ranges from ₹2.2 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Senior Associate Analyst at Tech Mahindra earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Senior Associate 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 800+ Tech Mahindra employees in India.

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

The estimated take-home salary of a Senior Associate Analyst at Tech Mahindra in India typically ranges from ₹42,688 to ₹43,813 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 800+ 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 Senior Associate Analyst at Tech Mahindra ?

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

- KYC
- Due Diligence
- Quality Check
- international voice
- non voice

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 Senior Associate Analyst in India?

Cognizant	₹5.0 Lakhs to ₹20.2 Lakhs per year
Coforge	₹6.8 Lakhs to ₹17.0 Lakhs per year
eClerx	₹5.4 Lakhs to ₹16.0 Lakhs per year
Accenture	₹3.8 Lakhs to ₹10.5 Lakhs per year
HCLTech	₹3.5 Lakhs to ₹10.5 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.

What is the salary of a Senior Associate Analyst in companies similar to Tech Mahindra in India?

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

IBM	₹3.7 Lakhs to ₹9.4 Lakhs per year
Mphasis	₹3.5 Lakhs to ₹7.0 Lakhs per year
Infosys	₹3.8 Lakhs to ₹7.5 Lakhs per year
Genpact	₹3.5 Lakhs to ₹6.2 Lakhs per year
Capgemini	₹3.0 Lakhs to ₹5.5 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 Senior Associate Analyst at Tech Mahindra in India?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹7.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹8.8 Lakhs per year
3 years	₹2.2 Lakhs to ₹9.0 Lakhs per year
4 years	₹2.3 Lakhs to ₹9.5 Lakhs per year

and so on.

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Tech Mahindra Senior Associate Analyst Salaries

Tech Mahindra Senior Associate Analyst salary in India ranges between ₹2.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 845 Tech Mahindra latest salaries received from various employees of Tech Mahindra.

Tech Mahindra Senior Associate Analyst salaries in India (Updated 2025)

Companies similar to Tech Mahindra for Senior Associate Analyst

Latest annual salaries shared by Tech Mahindra Senior Associate Analyst

Experience wise Tech Mahindra Senior Associate Analyst salaries

Similar Designation salaries in Tech Mahindra

Top skills at Tech Mahindra for Senior Associate Analyst

Salary related reviews for Tech Mahindra

Senior Associate Analyst in Hyderabad / Secunderabad

Senior Associate Analyst in Hyderabad / Secunderabad

Process Associate in Kolkata

Analyst in Mumbai

Business Analyst in Mumbai

Tech Mahindra Senior Associate Analyst Salary FAQs

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Tech Mahindra Senior Associate Analyst Salaries by Location