IFB Trainee Salaries by 10+ Employees (Updated 2024)

0 - 2 years exp.

₹1 Lakh - ₹2.3 Lakhs

Salary of majority employees

30% less than the average Trainee Salary in Consumer Electronics & Appliances Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Trainee Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹2.3 L/yr
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Quality Assurance Trainee Salary Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr

Last Updated: 15 Jun 2023

Companies similar to IFB for Trainee

Company name	Avg Annual Salary	Open Jobs
Whirlpool Trainee Salary 0 - 3 years exp. (12 salaries)	₹1.2 L/yr - ₹2.8 L/yr 16% more
LG Electronics Trainee Salary 0 - 3 years exp. (9 salaries)	₹1 L/yr - ₹4.1 L/yr 74% more
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Samsung Trainee Salary 0 - 2 years exp. (7 salaries)	₹1 L/yr - ₹4 L/yr 3% more
Godrej Industries Group Trainee Salary 0 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹3 L/yr 21% more
Voltas Trainee Salary 0 - 2 years exp. (5 salaries)	₹1.6 L/yr - ₹4 L/yr 78% more
Blue Star Trainee Salary 0 - 2 years exp. (21 salaries)	₹1.2 L/yr - ₹3 L/yr 21% more
Siemens Trainee Salary 0 - 6 years exp. (24 salaries)	₹1 L/yr - ₹5.5 L/yr 59% more
Bosch Trainee Salary 0 - 4 years exp. (163 salaries)	₹1.1 L/yr - ₹5 L/yr 54% more
Lava International Trainee Salary 2 - 4 years exp. (11 salaries)	₹0.3 L/yr - ₹2.5 L/yr 18% less
HARMAN Trainee Salary 0 - 2 years exp. (11 salaries)	₹1.4 L/yr - ₹2.2 L/yr 13% more
V-Guard Industries Trainee Salary 0 - 7 years exp. (5 salaries)	₹1.4 L/yr - ₹3.5 L/yr 30% more
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Bajaj Electricals Trainee Salary 0 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 14% more
OPPO Trainee Salary 0 - 2 years exp. (4 salaries)	₹2.8 L/yr - ₹8.2 L/yr 217% more
Genus Power Infrastructures Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹1.8 L/yr 25% less
PG Electroplast Trainee Salary 0 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.6 L/yr 31% more
TVS Electronics Trainee Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 20% more

Trainee salary at IFB ranges between ₹1 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 11 latest salaries received from various employees of IFB.

Experience wise IFB Trainee salaries

Last Updated: 15 Jun 2023

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1 L/yr - ₹1.8 L/yr
1 year (6 salaries)	₹1.2 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.9 L/yr

Similar Designation salaries in IFB

Team Lead Salary

(15 salaries)

₹2.6 L/yr - ₹5 L/yr

Senior Engineer Salary

(51 salaries)

₹3.75 L/yr - ₹8.1 L/yr

Technical Lead Salary

(3 salaries)

₹2.4 L/yr - ₹17.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Software Engineer Salary

(3 salaries)

₹10.25 L/yr - ₹15.85 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Software Developer Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6.1 L/yr - ₹7.8 L/yr

Senior Software Developer Salary

(3 salaries)

₹9 L/yr - ₹9.5 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for IFB

2.0

Rated by 5 employees for salary & benefits

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.

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.

Procurement Officer in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

3.0

• posted on 18 Jul 2023

2.0

for Salary and Benefits

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort

Area Sales Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 29 Feb 2024

4.0

for Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

Sales Executive in Agra

Full Time

Sales & Business Development Department

5.0

• posted on 12 Mar 2023

3.0

for Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

Dislikes

I like this organisation but salary package not good and not promoted chance

Senior Business Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 20 Jun 2021

1.0

for Salary and Benefits

Likes

...out IFB as a company it doesn't provide you a path to the growth and success....if you have a desire to growth and want good compensation this is truly not the place for it.

Dislikes

Everything, an employee needs or desires for the growth and good compensation but here it's a joke ....this is the 1st company in the world which doesn't provide any kind of incentives at all even if you have done yiu job properly, no motivation at all. Past 3 years no increments also but still company wants good sale and if business is low blamed employees.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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IFB Trainee Salary FAQs

What is the salary of Trainee at IFB?

Trainee salary at IFB in India ranges between ₹1.0 Lakhs to ₹2.3 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 30% less than the average Trainee Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IFB India.

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

The average salary of a Trainee at IFB is 30% less than the average salary of a Trainee in India. To know exact salary insights, login to view.

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

OPPO Trainee Salary - ₹2.8 Lakhs to ₹8.2 Lakhs per year
Voltas Trainee Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
LG Electronics Trainee Salary - ₹1.0 Lakhs to ₹4.1 Lakhs per year
Siemens Trainee Salary - ₹1.0 Lakhs to ₹5.5 Lakhs per year
Bosch Trainee Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year

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

PG Electroplast Trainee Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
V-Guard Industries Trainee Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year
Blue Star Trainee Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
Godrej Industries Group Trainee Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
TVS Electronics Trainee Salary - ₹1.8 Lakhs to ₹2.3 Lakhs per year

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

The estimated take-home salary of a Trainee at IFB ranges between ₹11,386 per month to ₹12,641 per month in India. The take-home salary calculation is based on the average IFB Trainee salary in India which ranges between ₹1.0 Lakhs to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Trainee at IFB?

According to AmbitionBox, 67% of the IFB Trainees reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IFB Trainee Salaries

IFB Trainee salary in India ranges between ₹1 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IFB latest salaries received from various employees of IFB.