SMFG India Credit Mumbai Management Trainee Salaries by 40+ Employees (Updated 2025)

0 - 4 years exp.

₹5 Lakhs - ₹16.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Management Trainee Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 4 years exp. (8 salaries)	₹7.2 L/yr - ₹10 L/yr
Customer Success, Service & Operations Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹5.4 L/yr - ₹9.2 L/yr
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Risk Management & Compliance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹7.2 L/yr - ₹13.2 L/yr
Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹10.8 L/yr
Product Management Management Trainee Salary Fresher (AmbitionBox Estimate)	₹8 L/yr - ₹12 L/yr

View all

Last Updated: 18 Mar 2025

Companies similar to SMFG India Credit for Management Trainee in Mumbai

SMFG India Credit Management Trainee Salary

0 - 4 years exp. (40 salaries)

₹5 L/yr - ₹16.3 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Management Trainee Salary 0 - 2 years exp. (28 salaries)	₹18.7 L/yr - ₹30.5 L/yr 97% more
Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (19 salaries)	₹4 L/yr - ₹7.2 L/yr 29% less
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HDB Financial Services Management Trainee Salary 0 - 2 years exp. (14 salaries)	₹4 L/yr - ₹6 L/yr 56% less
L&T Finance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹6.8 L/yr - ₹9.1 L/yr 13% less
Mahindra Finance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹6.5 L/yr - ₹7.7 L/yr 20% less
Shriram Finance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3.1 L/yr 67% less	2 job openings

Management Trainee salary at SMFG India Credit ranges between ₹5 Lakhs to ₹16.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 40 latest salaries received from various employees of SMFG India Credit.

Latest annual salaries shared by SMFG India Credit Management Trainee in Mumbai

3w ago

₹7.2 Lakhs

4 years exp.

1mo ago

₹6 Lakhs

7 months exp.

1mo ago

₹6 Lakhs

3 years exp.

2mo ago

₹13 Lakhs

1 year exp.

4mo ago

₹14 Lakhs

2 years exp.

4mo ago

9 months exp.

5mo ago

5 months exp.

5mo ago

1 year exp.

6mo ago

1 year exp.

6mo ago

3 months exp.

Experience wise SMFG India Credit Management Trainee salaries in Mumbai

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
Fresher (21 salaries)	₹6 L/yr - ₹13.9 L/yr
1 year (12 salaries)	₹5 L/yr - ₹15.9 L/yr
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2 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
3 years (3 salaries)	₹5.4 L/yr - ₹17.3 L/yr
4 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr

Similar Designation salaries in SMFG India Credit

Team Lead Salary

(18 salaries)

₹3.2 L/yr - ₹6 L/yr

Finance Executive Salary

(5 salaries)

₹1.85 L/yr - ₹2.76 L/yr

Analyst Salary

(4 salaries)

₹7 L/yr - ₹15 L/yr

Financial Analyst Salary

(3 salaries)

₹6.18 L/yr - ₹8 L/yr

Top skills at SMFG India Credit for Management Trainee

Analytical skills Communication Skills Team Skills MS Office

Salary related reviews for SMFG India Credit

4.5

Rated by 4 employees for salary & benefits

Relationship Manager in South Karnataka

Customer Success, Service & Operations Department

4.0

• posted on 23 Jul 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

...ot okThere is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Tele Calling Officer in Rajahmundry

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

I worked as a tele calling officer. I like the salary and benefits. But I didn't receive them because of I'm a tele calling officer l.

Salary - Good

Dislikes

Internal politics. Senior officers are very rude to freshers. Very less opportunities to promotions. Unsecured for women.

Promotions - Poor

+2 more

Transaction Officer in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

One thing is better that salary will credit on last day of month and everythings are bad for every staff. Work load is too high that a person can suiside.

Dislikes

Overall score not good. Company culture इस very bad. 16hrs work in everyday since morning late night 11:30 PM. No leave and no bonus. Work load is too high that a person can suside by stress/pressure. All day working

Skill development - Bad

+3 more

Customer Relationship Officer in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Salary on time no dedication any amt Company policy or company management or to good

Dislikes

Manager behavior not good with employees Timing issues for logg out No holiday for any festivals No benefit for extra hours seating showing Parcaility with hindu vs muslim

Skill development - Bad

+5 more

Senior Officer Operations in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jul 2024

2.0

for Salary and Benefits

Likes

Nothing to like at Fullerton

Dislikes

Giving confirmation to pay for additional extra hours OT work but not given such a politics company Almost 50k is pending from my end Total team payment is govindha govindha govindha

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SMFG India Credit Management Trainee Salary FAQs

What is the salary of Management Trainee at SMFG India Credit in Mumbai?

The average salary of a Management Trainee at SMFG India Credit in Mumbai typically ranges from ₹5.0 Lakhs to ₹16.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Management Trainee in Mumbai at SMFG India Credit earn more than ₹16.3 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Management Trainee Salaries at SMFG India Credit 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+ SMFG India Credit employees in India.

What is the estimated take home salary of a Management Trainee at SMFG India Credit in Mumbai?

The estimated take-home salary of a Management Trainee at SMFG India Credit in Mumbai typically ranges from ₹69,075 to ₹70,849 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from Fresher to 4 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 40+ salaries received from various employees of SMFG India Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Management Trainee at SMFG India Credit in Mumbai?

To be a Management Trainee at SMFG India Credit in Mumbai, the key skills required include:

- Analytical skills
- Communication Skills
- Team Skills
- MS Office

These skills are highly valued at SMFG India Credit and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SMFG India Credit for Management Trainee in India?

IIFL Finance

₹18.7 Lakhs to ₹30.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SMFG India Credit, depending on the role and experience level.

What is the salary of a Management Trainee in companies similar to SMFG India Credit in Mumbai?

The salary of a Management Trainee at companies similar to SMFG India Credit in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Finance	₹6.8 Lakhs to ₹9.1 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹7.7 Lakhs per year
Aditya Birla Finance	₹4.0 Lakhs to ₹7.2 Lakhs per year
HDB Financial Services	₹4.0 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹3.1 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 Management Trainee at SMFG India Credit in Mumbai?

The salary growth for a Management Trainee at SMFG India Credit in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at SMFG India Credit:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹13.9 Lakhs per year
1 year	₹5.0 Lakhs to ₹15.9 Lakhs per year
2 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
3 years	₹5.4 Lakhs to ₹17.3 Lakhs per year

and so on.

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SMFG India Credit Management Trainee Salaries in Mumbai

SMFG India Credit Management Trainee salary in Mumbai ranges between ₹5 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 SMFG India Credit latest salaries received from various employees of SMFG India Credit.

SMFG India Credit Management Trainee salaries in Mumbai (Updated 2025)

Companies similar to SMFG India Credit for Management Trainee in Mumbai

Latest annual salaries shared by SMFG India Credit Management Trainee in Mumbai

Experience wise SMFG India Credit Management Trainee salaries in Mumbai

Similar Designation salaries in SMFG India Credit

Top skills at SMFG India Credit for Management Trainee

Salary related reviews for SMFG India Credit

Relationship Manager in South Karnataka

Tele Calling Officer in Rajahmundry

Transaction Officer in Lucknow

Customer Relationship Officer in Mumbai

Senior Officer Operations in Chennai

SMFG India Credit Management Trainee Salary FAQs

Tell us how to improve this page.