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Volvo Salaries in India (Updated 2025)

based on 4.9k latest salaries
Explore Salaries by Departments
Engineering - Software & QA Finance & Accounting Research & Development Procurement & Supply Chain + 6 more
Designation Avg Annual Salary Open Jobs
6 - 12 years exp. (137 salaries)
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₹4.7 L/yr - ₹9.3 L/yr

1 - 8 years exp. (134 salaries)
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₹7 L/yr - ₹26.5 L/yr

6 - 14 years exp. (115 salaries)
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₹9.6 L/yr - ₹34.5 L/yr

4 - 9 years exp. (85 salaries)
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₹3.7 L/yr - ₹8.5 L/yr

Starting your career? Discover Volvo fresher salaries in India
1 - 5 years exp. (79 salaries)
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₹3 L/yr - ₹5.3 L/yr

1 - 5 years exp. (70 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

3 - 7 years exp. (66 salaries)
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₹4.5 L/yr - ₹15 L/yr

6 - 15 years exp. (65 salaries)
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₹7.7 L/yr - ₹16.7 L/yr

3 - 12 years exp. (62 salaries)
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₹6.1 L/yr - ₹25.3 L/yr

0 - 4 years exp. (56 salaries)
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₹7 L/yr - ₹9 L/yr

0 - 2 years exp. (46 salaries)
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₹3.3 L/yr - ₹5.2 L/yr

4 - 12 years exp. (43 salaries)
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₹6 L/yr - ₹20 L/yr

5 - 13 years exp. (34 salaries)
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₹5 L/yr - ₹13 L/yr

1 - 13 years exp. (33 salaries)
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₹1.6 L/yr - ₹6 L/yr

0 - 9 years exp. (32 salaries)
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₹6 L/yr - ₹20 L/yr

8 - 16 years exp. (31 salaries)
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₹13.3 L/yr - ₹34.4 L/yr

0 - 3 years exp. (28 salaries)
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₹2.6 L/yr - ₹3.9 L/yr

2 - 9 years exp. (26 salaries)
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₹3 L/yr - ₹5.6 L/yr

4 - 9 years exp. (25 salaries)
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₹12.2 L/yr - ₹35 L/yr

13 - 19 years exp. (24 salaries)
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₹18.8 L/yr - ₹49 L/yr

Last Updated: 5 Mar, 2025

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Salary related reviews for Volvo

3.6

Rated by 711 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Less work pressure No much work

  • Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Quality Assurance Department

4.0
  •  posted on 04 Jul 2024

3.0
 for  Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

read more
  • Work satisfaction - Good
  • +1 more

Dislikes

Contractual job is not a future and salary is just ok

  • Skill development - Poor
  • +2 more

Full Time

 · 

Product Management Department

5.0
  •  posted on 27 Oct 2023

1.0
 for  Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 08 May 2021

3.0
 for  Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

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  • Skill development - Good
  • +1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

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Full Time

 · 

Research & Development Department

5.0
  •  posted on 17 Dec 2024

4.0
 for  Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

read more
  • Salary - Good
  • +6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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Volvo Salary FAQs

How much does Volvo pay per year?
The average Volvo salary ranges from approximately ₹1 Lakh to ₹3.2 Lakhs per year for a ITI Fitter and ₹55 Lakhs to ₹60 Lakhs per year for a Digital Product Manager. Salary estimates are based on 4.9k Volvo salaries received from various employees of Volvo. Volvo employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Volvo?
The highest-paying job at Volvo is a Digital Product Manager with a salary of ₹55 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹28.70 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.
What is the minimum salary in Volvo?
Minimum salary at Volvo depends on the role you are applying for. For Accountant the minimum salary is ₹3 Lakhs to ₹5.3 Lakhs per year, and for Senior Executive the minimum salary is ₹3 Lakhs to ₹6.8 Lakhs per year and so on.
What is the salary package for freshers in Volvo?
The average salary at Volvo for freshers varies from ₹2.8 Lakhs to ₹3.4 Lakhs per year for Junior Accountant and ₹7.5 Lakhs to ₹12.5 Lakhs per year for Associate Software Engineer.
What is the notice period at Volvo?
According to AmbitionBox, 57% of the Volvo employees reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.4k responses on AmbitionBox in last 2 years.

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Average annual salary in Volvo is INRunlock blur . Salary estimates are based on 4.9k Volvo latest salaries received from various employees of Volvo.

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