Avanse Financial Services Mumbai Management Trainee Salaries by 10+ Employees (Updated 2024)

0 - 1 year exp.

₹7 Lakhs - ₹12 Lakhs

Salary of majority employees

10% more than the average Management Trainee Salary in Financial Services Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹8 L/yr - ₹12 L/yr
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Risk Management & Compliance Management Trainee Salary Fresher (AmbitionBox Estimate)	₹9.6 L/yr - ₹11 L/yr

Last Updated: 21 Dec 2024

Companies similar to Avanse Financial Services for Management Trainee in Mumbai

Avanse Financial Services Management Trainee Salary

0 - 1 year exp. (13 salaries)

₹7 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Management Trainee Salary 0 - 5 years exp. (109 salaries)	₹3.9 L/yr - ₹13 L/yr 14% less
ICICI Bank Management Trainee Salary 0 - 4 years exp. (321 salaries)	₹9 L/yr - ₹20 L/yr 64% more
Login to view exact salary
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (35 salaries)	₹7 L/yr - ₹24 L/yr 43% more
Tata Capital Management Trainee Salary 0 - 5 years exp. (21 salaries)	₹7 L/yr - ₹15 L/yr 21% more
Aditya Birla Capital Management Trainee Salary 0 - 5 years exp. (41 salaries)	₹9.2 L/yr - ₹25 L/yr 58% more
L&T Finance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹7 L/yr - ₹9.1 L/yr 28% less

Management Trainee salary at Avanse Financial Services ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 13 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Management Trainee salaries in Mumbai

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
Fresher (7 salaries)	₹9.6 L/yr - ₹12 L/yr
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1 year (6 salaries)	₹7 L/yr - ₹11.9 L/yr

Similar Designation salaries in Avanse Financial Services

Deputy Manager Salary

(29 salaries)

₹6 L/yr - ₹10.5 L/yr

Top skills at Avanse Financial Services for Management Trainee

Relationship Management Channel Partner Management Sales channel management Loans Management Operations Recruitment Channel Partners Communication Skills Direct Sales Variance Analysis Troubleshooting MS Office Word Quality Systems

Salary related reviews for Avanse Financial Services

3.3

Rated by 5 employees for salary & benefits

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Avanse Financial Services Management Trainee Salary FAQs

What is the salary of Management Trainee at Avanse Financial Services Mumbai?

Management Trainee salary at Avanse Financial Services in Mumbai ranges between ₹7.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience. According to our estimates it is 10% more than the average Management Trainee Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Avanse Financial Services Mumbai.

How does the salary of a Management Trainee at Avanse Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at Avanse Financial Services is 10% more than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Management Trainee at Avanse Financial Services?

Relationship Management, Channel Partner Management, Sales, channel management and Loans are some of the popular skills required to work as a Management Trainee at Avanse Financial Services Mumbai.

Which similar companies are paying more than Avanse Financial Services to a Management Trainee in Mumbai?

ICICI Bank Management Trainee Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Management Trainee Salary - ₹9.2 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Management Trainee Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
Tata Capital Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Avanse Financial Services in Mumbai?

HDFC Bank Management Trainee Salary - ₹3.9 Lakhs to ₹13.0 Lakhs per year
L&T Finance Management Trainee Salary - ₹7.0 Lakhs to ₹9.1 Lakhs per year

What is the estimated take home salary of a Management Trainee at Avanse Financial Services in Mumbai?

The estimated take-home salary of a Management Trainee at Avanse Financial Services ranges between ₹71,769 per month to ₹73,619 per month in Mumbai. The take-home salary calculation is based on the average Avanse Financial Services Management Trainee salary in India which ranges between ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Avanse Financial Services in Mumbai?

According to AmbitionBox, 88% of the Avanse Financial Services Management Trainees in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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Avanse Financial Services Management Trainee Salaries in Mumbai

Avanse Financial Services Management Trainee salary in Mumbai ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.