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Volvo

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4.1

based on 734 Reviews

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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

Software Engineer

1 - 8 years exp. (138 salaries)
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₹7 L/yr - ₹24.6 L/yr

Process Leader

6 - 12 years exp. (135 salaries)
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₹4.7 L/yr - ₹9.3 L/yr

Senior Software Engineer

6 - 15 years exp. (127 salaries)
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₹10.8 L/yr - ₹36.7 L/yr

Senior Accountant

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

Accountant

1 - 5 years exp. (79 salaries)
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₹3 L/yr - ₹5.3 L/yr

Purchase Analyst

1 - 4 years exp. (72 salaries)
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₹3.2 L/yr - ₹6.5 L/yr

Design Engineer

3 - 7 years exp. (67 salaries)
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₹4.5 L/yr - ₹15.2 L/yr

Senior Engineer

3 - 12 years exp. (65 salaries)
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₹6.2 L/yr - ₹26.8 L/yr

Deputy Manager

6 - 15 years exp. (64 salaries)
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₹7.7 L/yr - ₹16.7 L/yr

Associate Engineer

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

Purchase Associate

0 - 3 years exp. (55 salaries)
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₹3.3 L/yr - ₹5.2 L/yr

Senior Design Engineer

4 - 11 years exp. (45 salaries)
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₹6 L/yr - ₹25.1 L/yr

Team Lead

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

Data Scientist

0 - 9 years exp. (31 salaries)
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₹8.5 L/yr - ₹30.5 L/yr

Lead Engineer

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

Data Engineer

0 - 5 years exp. (30 salaries)
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₹6 L/yr - ₹22 L/yr

Junior Accountant

0 - 3 years exp. (29 salaries)
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₹2.6 L/yr - ₹3.9 L/yr

Service Engineer

2 - 14 years exp. (29 salaries)
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₹1.8 L/yr - ₹6 L/yr

Senior Accounts Executive

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

Technical Lead

6 - 17 years exp. (26 salaries)
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₹8.5 L/yr - ₹32 L/yr

Last Updated: 26 Mar, 2025

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2w
a manager - business analyst
Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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Salary related reviews for Volvo

3.6

Rated by 734 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

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

Quality Checker in Bangalore / Bengaluru

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

Senior Manager in Bangalore / Bengaluru

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

Senior Manager in Bangalore / Bengaluru

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.

read more
  • 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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AGM (Group Manager) - Chassis in Bangalore / Bengaluru

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

read more
see more salary related reviews

Volvo interview questions by designations

Associate Engineer (4)Senior Software Engineer (4)Design Engineer (2)Senior Manager (2)
View all 59 interview experiences
More about working at Volvo

Volvo Salary FAQs

How much does Volvo pay to its employees?
The average annual salary at Volvo varies depending on the role, experience, and location. The salary ranges for some popular designations at Volvo, are as follows:

Software Engineer ₹7 Lakhs to ₹24.6 Lakhs per year
Process Leader ₹4.7 Lakhs to ₹9.3 Lakhs per year
Senior Software Engineer ₹10.8 Lakhs to ₹36.7 Lakhs per year
Senior Accountant ₹3.7 Lakhs to ₹8.5 Lakhs per year

The highest-paying role, Digital Product Manager, earns between ₹55 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹29 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. Salaries at Volvo 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 salary estimates are based on data from 4.9k salaries submitted by Volvo employees. Volvo is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Volvo in India?
The salary of a fresher at Volvo in India typically ranges from ₹2.8 Lakhs to ₹10 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Associate Engineer Salary ₹7.5 Lakhs to ₹8 Lakhs per year
Fresher as a Purchase Associate Salary ₹3.3 Lakhs to ₹5.2 Lakhs per year
Fresher as a Junior Accountant Salary ₹2.8 Lakhs to ₹3.4 Lakhs per year
Fresher as a Post Graduate Engineer Trainee [pget] Salary ₹6.5 Lakhs to ₹10 Lakhs per year

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Volvo Salaries by Location

Average annual salary in Volvo is INRunlock blur . Salary estimates are based on 4900+ Volvo latest salaries received from various employees of Volvo.

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