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
OPPO Management Trainee Salary 0 - 2 years exp. (38 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 120% more
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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
Orient Electric Management Trainee Salary 0 - 3 years exp. (12 salaries)	₹8.5 L/yr - ₹17 L/yr 133% more
Voltas Management Trainee Salary 0 - 2 years exp. (14 salaries)	₹2 L/yr - ₹8 L/yr 6% more
Bajaj Electricals Management Trainee Salary 0 - 2 years exp. (10 salaries)	₹14 L/yr - ₹16.5 L/yr 135% more
TTK Prestige Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹7.4 L/yr - ₹9.5 L/yr 47% more
Lava International Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹7.2 L/yr - ₹9.2 L/yr 27% more
TVS Electronics Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹3 L/yr - ₹7.2 L/yr 14% less
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Sony Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹7 L/yr 5% more
OnePlus Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5 L/yr - ₹5.1 L/yr 20% less
HARMAN Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹6.2 L/yr - ₹7 L/yr 2% more
Transsion Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹18 L/yr - ₹19 L/yr 190% more
Butterfly Gandhimathi Appliances Management Trainee Salary Fresher (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr 56% less
Eveready Industries Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹13 L/yr 35% more
Apple Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 55% more
Symphony Management Trainee Salary Fresher (3 salaries)	₹5 L/yr - ₹6.5 L/yr 8% less
Videocon Industries Ltd. Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹0.6 L/yr - ₹2.3 L/yr 73% less

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

(58 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

Assistant Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Good Team and Work Culture-People in general are helpful Managers are usually considerate

Work-life balance - Good

Dislikes

Salary growth is slow- They. hire you at a low salary in mid level so even a 10-15% annual jump wont give you the desired returns Top Management is too old fashioned and are not receptive to changing market needs

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

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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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IFB Management Trainee Salary FAQs

What is the salary of Management Trainee at IFB ?

The average salary of a Management Trainee at IFB in India typically ranges from ₹6.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at IFB earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Management Trainee Salaries at IFB 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 5 IFB employees in India.

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 in India typically ranges from ₹47,971 to ₹49,106 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

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

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

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

V-Guard Industries	₹10.0 Lakhs to ₹17.0 Lakhs per year
Apple	₹7.0 Lakhs to ₹15.0 Lakhs per year
TTK Prestige	₹7.4 Lakhs to ₹9.5 Lakhs per year
Eveready Industries	₹3.5 Lakhs to ₹13.0 Lakhs per year
Lava International	₹7.2 Lakhs to ₹9.2 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 IFB in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹6.0 Lakhs per year
1 year	₹6.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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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.