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

0 - 3 years exp.

₹5 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (83%)

₹8.9 Lakhs

Variable (17%)

₹1.7 Lakh

16% more than the average Management Trainee Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹7.2 L/yr - ₹10 L/yr
Risk Management & Compliance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹7.2 L/yr - ₹11.8 L/yr
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Customer Success, Service & Operations Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹5.4 L/yr - ₹10.8 L/yr
Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹10.8 L/yr
Project & Program Management Management Trainee Salary 2 - 3 years exp. (3 salaries)	₹11.5 L/yr - ₹18 L/yr

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Last Updated: 24 Feb 2025

Companies similar to SMFG India Credit for Management Trainee in Mumbai

SMFG India Credit Management Trainee Salary

0 - 3 years exp. (42 salaries)

₹5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Management Trainee Salary 0 - 5 years exp. (109 salaries)	₹3.8 L/yr - ₹13 L/yr 19% less
ICICI Bank Management Trainee Salary 0 - 4 years exp. (320 salaries)	₹8.3 L/yr - ₹20 L/yr 53% more
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Axis Bank Management Trainee Salary 0 - 5 years exp. (15 salaries)	₹12 L/yr - ₹25 L/yr 47% more
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (35 salaries)	₹7 L/yr - ₹24 L/yr 43% more
Yes Bank Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹7.1 L/yr - ₹7.8 L/yr 30% less
IDFC FIRST Bank Management Trainee Salary 0 - 3 years exp. (25 salaries)	₹5 L/yr - ₹15 L/yr 14% less
IndusInd Bank Management Trainee Salary 0 - 3 years exp. (27 salaries)	₹4 L/yr - ₹11.5 L/yr 36% less
RBL Bank Management Trainee Salary 0 - 4 years exp. (54 salaries)	₹9 L/yr - ₹13 L/yr 6% more
Tata Capital Management Trainee Salary 0 - 3 years exp. (20 salaries)	₹9.5 L/yr - ₹15 L/yr 23% more
Aditya Birla Capital Management Trainee Salary 0 - 4 years exp. (45 salaries)	₹6.9 L/yr - ₹25 L/yr 53% more
IIFL Finance Management Trainee Salary 0 - 3 years exp. (30 salaries)	₹17 L/yr - ₹30 L/yr 61% more
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Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (19 salaries)	₹4 L/yr - ₹6.9 L/yr 39% less
HDB Financial Services Management Trainee Salary 0 - 2 years exp. (14 salaries)	₹4 L/yr - ₹4.3 L/yr 62% less
L&T Finance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹6.9 L/yr - ₹9.1 L/yr 23% less
Mahindra Finance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6.5 L/yr - ₹14 L/yr 23% less

Management Trainee salary at SMFG India Credit ranges between ₹5 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 42 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Management Trainee salaries in Mumbai

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
Fresher (20 salaries)	₹6 L/yr - ₹14.8 L/yr
1 year (12 salaries)	₹5 L/yr - ₹18 L/yr
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2 years (6 salaries)	₹7.2 L/yr - ₹19.6 L/yr
3 years (4 salaries)	₹5.4 L/yr - ₹18 L/yr

Similar Designation salaries in SMFG India Credit

Team Lead Salary

(19 salaries)

₹3.2 L/yr - ₹7 L/yr

Analyst Salary

(6 salaries)

₹8.9 L/yr - ₹19.2 L/yr

Finance Executive Salary

(5 salaries)

₹1.85 L/yr - ₹2.76 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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SMFG India Credit Management Trainee Salary FAQs

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

Management Trainee salary at SMFG India Credit in Mumbai ranges between ₹5.0 Lakhs to ₹18.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 16% more than the average Management Trainee Salary in India. Salary estimates are based on 42 latest salaries received from various employees of SMFG India Credit Mumbai.

How does the salary of a Management Trainee at SMFG India Credit Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at SMFG India Credit is 16% 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 SMFG India Credit?

Analytical skills, Communication Skills, Team Skills and MS Office are some of the popular skills required to work as a Management Trainee at SMFG India Credit Mumbai.

Which similar companies are paying more than SMFG India Credit to a Management Trainee in Mumbai?

IIFL Finance Management Trainee Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Management Trainee Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Management Trainee Salary - ₹6.9 Lakhs to ₹25.0 Lakhs per year
Axis Bank Management Trainee Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Management Trainee Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year

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

Tata Capital Management Trainee Salary - ₹9.5 Lakhs to ₹15.0 Lakhs per year
RBL Bank Management Trainee Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Management Trainee Salary - ₹3.8 Lakhs to ₹13.0 Lakhs per year
L&T Finance Management Trainee Salary - ₹6.9 Lakhs to ₹9.1 Lakhs per year

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 ranges between ₹76,203 per month to ₹78,178 per month in Mumbai. The take-home salary calculation is based on the average SMFG India Credit Management Trainee salary in India which ranges between ₹5.0 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at SMFG India Credit in Mumbai?

According to AmbitionBox, 87% of the SMFG India Credit Management Trainees in Mumbai reported a notice period of 3 Months, 3% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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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 ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 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.