IFB Management Trainee Salaries by 5 Employees

0 - 1 year exp.

₹6 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Management Trainee Salary in Consumer Electronics & Appliances Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹6.8 L/yr
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Marketing & Communication Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.3 L/yr - ₹6 L/yr

Last Updated: 25 Oct 2024

Companies similar to IFB for Management Trainee

Company name	Avg Annual Salary	Open Jobs
TCS Management Trainee Salary 0 - 2 years exp. (499 salaries)	₹4.5 L/yr - ₹8.2 L/yr 5% less
Infosys Management Trainee Salary 0 - 4 years exp. (11 salaries)	₹4.7 L/yr - ₹15.3 L/yr 47% more
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Wipro Management Trainee Salary 0 - 3 years exp. (217 salaries)	₹6 L/yr - ₹12 L/yr 38% more	3 job openings
HCLTech Management Trainee Salary 0 - 2 years exp. (275 salaries)	₹1.5 L/yr - ₹9 L/yr At par
Tech Mahindra Management Trainee Salary 0 - 3 years exp. (59 salaries)	₹1 L/yr - ₹9.3 L/yr 5% less
Cognizant Management Trainee Salary 0 - 8 years exp. (9 salaries)	₹4.2 L/yr - ₹12.4 L/yr 12% more
Accenture Management Trainee Salary 0 - 10 years exp. (104 salaries)	₹3.8 L/yr - ₹10.9 L/yr 3% less
Capgemini Management Trainee Salary 0 - 9 years exp. (20 salaries)	₹4.9 L/yr - ₹13 L/yr 75% more
IBM Management Trainee Salary 2 - 8 years exp. (13 salaries)	₹3.5 L/yr - ₹6 L/yr 16% less
Deloitte Management Trainee Salary 0 - 4 years exp. (23 salaries)	₹5.3 L/yr - ₹10.4 L/yr 36% more
Bosch Management Trainee Salary 0 - 2 years exp. (44 salaries)	₹1 L/yr - ₹8.5 L/yr 13% less
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OPPO Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹2.6 L/yr - ₹8 L/yr 33% less
Whirlpool Management Trainee Salary 0 - 3 years exp. (37 salaries)	₹7 L/yr - ₹18.5 L/yr 121% more
V-Guard Industries Management Trainee Salary 0 - 4 years exp. (19 salaries)	₹10 L/yr - ₹17 L/yr 116% more
LG Electronics Management Trainee Salary 0 - 2 years exp. (15 salaries)	₹3 L/yr - ₹6.1 L/yr 24% less
Samsung Management Trainee Salary 0 - 3 years exp. (14 salaries)	₹15 L/yr - ₹28 L/yr 217% more
Voltas Management Trainee Salary 0 - 2 years exp. (11 salaries)	₹3.5 L/yr - ₹8 L/yr 5% more	1 job opening
Orient Electric Management Trainee Salary 0 - 3 years exp. (12 salaries)	₹8.5 L/yr - ₹17 L/yr 133% more
Bajaj Electricals Management Trainee Salary 0 - 2 years exp. (10 salaries)	₹14 L/yr - ₹16.5 L/yr 135% more
Godrej Industries Group Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹4.9 L/yr - ₹8.4 L/yr 28% more

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Management Trainee salary at IFB ranges between ₹6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of IFB.

Experience wise IFB Management Trainee salaries

Last Updated: 25 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
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1 year (3 salaries)	₹6 L/yr - ₹6.5 L/yr

Similar Designation salaries in IFB

Finance Executive Salary

(3 salaries)

₹9 L/yr - ₹15 L/yr

Accountant Salary

(14 salaries)

₹1.45 L/yr - ₹5.5 L/yr

Team Lead Salary

(13 salaries)

₹2.6 L/yr - ₹5.3 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Accounts Officer Salary

(7 salaries)

₹3.95 L/yr - ₹5 L/yr

Analyst Salary

(4 salaries)

₹3.36 L/yr - ₹8.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Process Associate Salary

(17 salaries)

₹1.8 L/yr - ₹4 L/yr

Deputy Manager Salary

(57 salaries)

₹10.5 L/yr - ₹22.4 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for IFB

1.0

Rated by 1 employees for salary & benefits

Account Assistant in Goa

Finance & Accounting Department

2.0

• posted on 24 Jun 2019

1.0

for Salary and Benefits

Likes

There is nothing to like here, I'm working here just for experience.

Dislikes

They want u to work more with less salary compared to the people who are on role in co. There is no growth here, as people have worked for more than 5 years in the co.on contract and are yet to get confirmation.The staff wants you to do their work but they won't help u when you are in need of a little help in ur work. They don't value us nor our work, we will only be remembered when there is work pending of on role people so that we can finish their work. They won't teach u anything new, as they might be afraid of us stealing their work😀😅. People take credit for the work u have done and even get promotion,so people need to be carefull.

Salary - Bad

+5 more

Senior Executive in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

3.0

• posted on 04 Feb 2025

2.0

for Salary and Benefits

Likes

Salary on time Work life balance is ok but Saturday is working here

Job security - Good

+1 more

Dislikes

Hr policy and response is really pathetic. No proper feedback ,for everything they will say we dont have fancy positions,fancy department….. If you ara a fresher or 2,3 experienced person dont think about ifb bangalore, its really old technology and almost all are manual lines. For relaxing and job security uou can plan here

Salary - Poor

+4 more

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 22 Jan 2025

3.0

for Salary and Benefits

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

Skill development - Excellent

+2 more

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

Area Sales Manager in Kolkata

Full Time

Marketing & Communication Department

2.0

• posted on 12 Jan 2025

1.0

for Salary and Benefits

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

Salary - Bad

+3 more

Product Development Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

Salary - Good

+1 more

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

Promotions - Poor

+3 more

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IFB Management Trainee Salary FAQs

What is the salary of Management Trainee at IFB?

Management Trainee salary at IFB in India ranges between ₹6.0 Lakhs to ₹6.5 Lakhs for less than 1 year of experience. According to our estimates it is 14% less than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IFB India.

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

The average salary of a Management Trainee at IFB is 14% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than IFB to a Management Trainee in India?

Samsung Management Trainee Salary - ₹15.0 Lakhs to ₹28.0 Lakhs per year
Transsion Management Trainee Salary - ₹18.0 Lakhs to ₹19.0 Lakhs per year
Bajaj Electricals Management Trainee Salary - ₹14.0 Lakhs to ₹16.5 Lakhs per year
Orient Electric Management Trainee Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
Whirlpool Management Trainee Salary - ₹7.0 Lakhs to ₹18.5 Lakhs per year

What is the salary of a Management Trainee in companies similar to IFB in India?

V-Guard Industries Management Trainee Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Capgemini Management Trainee Salary - ₹4.9 Lakhs to ₹13.0 Lakhs per year
Infosys Management Trainee Salary - ₹4.7 Lakhs to ₹15.3 Lakhs per year
TTK Prestige Management Trainee Salary - ₹7.4 Lakhs to ₹9.5 Lakhs per year
Wipro Management Trainee Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at IFB in India?

The estimated take-home salary of a Management Trainee at IFB ranges between ₹47,944 per month to ₹49,079 per month in India. The take-home salary calculation is based on the average IFB Management Trainee salary in India which ranges between ₹6.0 Lakhs to ₹6.5 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 IFB?

According to AmbitionBox, 83% of the IFB Management Trainees reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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IFB Management Trainee Salaries

IFB Management Trainee salary in India ranges between ₹6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IFB latest salaries received from various employees of IFB.