IIFL Finance Bangalore / Bengaluru Management Trainee Salaries by 4 Employees

0 - 1 year exp.

₹18.1 Lakhs - ₹18.3 Lakhs

Salary of majority employees

144% more than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹20.1 L/yr - ₹24 L/yr
Finance & Accounting Management Trainee Salary Fresher (AmbitionBox Estimate)	₹15.3 L/yr - ₹15.4 L/yr
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Marketing & Communication Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹17.4 L/yr - ₹24 L/yr
Product Management Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹19.4 L/yr - ₹35 L/yr

Last Updated: 8 Jul 2024

Companies similar to IIFL Finance for Management Trainee in Bangalore / Bengaluru

IIFL Finance Management Trainee Salary

0 - 1 year exp. (4 salaries)

₹18.1 L/yr - ₹18.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹4 L/yr - ₹4.5 L/yr 78% less
Shriram Finance Management Trainee Salary 0 - 2 years exp. (10 salaries)	₹2.5 L/yr - ₹3.2 L/yr 83% less	2 job openings
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Tata Capital Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹7 L/yr - ₹15 L/yr 31% less	3 job openings
Muthoot Finance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 79% less
SMFG India Credit Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹3.8 L/yr - ₹13 L/yr 57% less
Aditya Birla Finance Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹4.1 L/yr - ₹7 L/yr 68% less
CreditAccess Grameen Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 69% less
Tata Motors Finance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 71% less

Management Trainee salary at IIFL Finance ranges between ₹18.1 Lakhs to ₹18.3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Management Trainee salaries in Bangalore / Bengaluru

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.3 L/yr - ₹32.9 L/yr
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1 year (3 salaries)	₹7.3 L/yr - ₹32.7 L/yr

Similar Designation salaries in IIFL Finance

Team Lead Salary

(15 salaries)

₹1.4 L/yr - ₹8.84 L/yr

Deputy Manager Salary

(11 salaries)

₹4 L/yr - ₹9 L/yr

Finance Executive Salary

(7 salaries)

₹2 L/yr - ₹3.6 L/yr

Top skills at IIFL Finance for Management Trainee

Technical Troubleshooting Customer Handling Export Documentation Employee Engagement

Salary related reviews for IIFL Finance

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Deputy Manager in Koppal

Finance & Accounting Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

Promotions - Excellent

+3 more

Dislikes

Coworkers not support

Skill development - Poor

Senior Associate in Mumbai

Product Department

1.0

• posted on 19 Feb 2021

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...ys treated as an outsider despite best efforts one can put in at a senior level. Huge salary cut even before pandemic and during pandemic too. laid off and termination appears to be normal. The assurances or terms agreed at the time of interview were not followed after joining. Lost confidence and mental peace.

Salary - Bad

+6 more

Relationship Manager in Pune

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...am leader staff is leaving the organisation just within a month after joining. Even after leaving the company with all exit policies after 90 days also didn’t got the salary and require documents. After so much follow up’s with HR they are not giving the proper response. Not at all career growth. Pathetic experience overall.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Relationship Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 15 Aug 2020

4.0

for Salary and Benefits

Likes

Company atmosphere good specially thane office good salary hike & bonus loyal higher management Nirmal Jain sir..

Salary - Good

+1 more

Dislikes

SME Insta products was good but most of NPA accounts that reason insta products not growing up.

Job security - Poor

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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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IIFL Finance Management Trainee Salary FAQs

What is the salary of Management Trainee at IIFL Finance in Bangalore / Bengaluru?

The average salary of a Management Trainee at IIFL Finance in Bangalore / Bengaluru typically ranges from ₹18.1 Lakhs to ₹18.3 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee in Bangalore / Bengaluru at IIFL Finance earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Management Trainee Salaries at IIFL Finance 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 4 IIFL Finance employees in India.

What is the estimated take home salary of a Management Trainee at IIFL Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Management Trainee at IIFL Finance in Bangalore / Bengaluru typically ranges from ₹1,21,936 to ₹1,25,451 per month. This is based on the average salary range of ₹18.1 Lakhs to ₹18.3 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 4 salaries received from various employees of IIFL Finance. 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 IIFL Finance in Bangalore / Bengaluru?

To be a Management Trainee at IIFL Finance in Bangalore / Bengaluru, the key skills required include:

- Technical Troubleshooting
- Customer Handling
- Export Documentation
- Employee Engagement

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Management Trainee in companies similar to IIFL Finance in Bangalore / Bengaluru?

The salary of a Management Trainee at companies similar to IIFL Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹7.0 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit	₹3.8 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Finance	₹4.1 Lakhs to ₹7.0 Lakhs per year
CreditAccess Grameen	₹3.5 Lakhs to ₹7.0 Lakhs per year
Tata Motors Finance	₹5.0 Lakhs to ₹6.0 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 IIFL Finance in Bangalore / Bengaluru?

The salary growth for a Management Trainee at IIFL Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Bangalore / Bengaluru can expect the following growth trajectory at IIFL Finance:

Experience	Average Salary Range
Fresher	₹7.3 Lakhs to ₹32.9 Lakhs per year
1 year	₹7.3 Lakhs to ₹32.7 Lakhs per year

and so on.

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IIFL Finance Management Trainee Salaries in Bangalore / Bengaluru

IIFL Finance Management Trainee salary in Bangalore / Bengaluru ranges between ₹18.1 Lakhs to ₹18.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.