IIFL Finance Indore Management Trainee Salaries by 4 Employees (Updated 2024)

0 - 1 year exp.

₹12.2 Lakhs - ₹12.3 Lakhs

Salary of majority employees

84% more than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹9.2 L/yr
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BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹13.3 L/yr - ₹13.3 L/yr

Last Updated: 6 Sep 2024

Companies similar to IIFL Finance for Management Trainee in Indore

IIFL Finance Management Trainee Salary

0 - 1 year exp. (4 salaries)

₹12.2 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹2.4 L/yr - ₹3.5 L/yr 75% less	2 job openings
HDB Financial Services Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹4 L/yr - ₹5 L/yr 67% less
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Piramal Capital Housing Finance Management Trainee Salary 0 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4.9 L/yr 62% less
LanceSoft Management Trainee Salary 0 - 2 years exp. (30 salaries)	₹1.2 L/yr - ₹4.6 L/yr 78% less
Ceasefire Industries Management Trainee Salary 0 - 2 years exp. (11 salaries)	₹3 L/yr - ₹5.2 L/yr 69% less

Management Trainee salary at IIFL Finance ranges between ₹12.2 Lakhs to ₹12.3 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 Indore

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.9 L/yr - ₹22.1 L/yr
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1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹22 L/yr

Similar Designation salaries in IIFL Finance

Customer Care Executive Salary

(26 salaries)

₹1.85 L/yr - ₹2.8 L/yr

Sales Executive Salary

(4 salaries)

₹1.2 L/yr - ₹2.9 L/yr

CCE Salary

(3 salaries)

₹1.9 L/yr - ₹2.36 L/yr

Salary related reviews for IIFL Finance

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

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.

Dislikes

Coworkers not support

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.

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.

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..

Dislikes

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

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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IIFL Finance Management Trainee Salary FAQs

What is the salary of Management Trainee at IIFL Finance Indore?

Management Trainee salary at IIFL Finance in Indore ranges between ₹12.2 Lakhs to ₹12.3 Lakhs for less than 1 year of experience. According to our estimates it is 84% more than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IIFL Finance Indore.

How does the salary of a Management Trainee at IIFL Finance Indore compare with the average salary range for this job?

The average salary of a Management Trainee at IIFL Finance is 84% more than the average salary of a Management Trainee in Indore. To know exact salary insights, login to view.

What is the salary of a Management Trainee in companies similar to IIFL Finance in Indore?

Piramal Capital Housing Finance Management Trainee Salary - ₹3.5 Lakhs to ₹4.9 Lakhs per year
HDB Financial Services Management Trainee Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Ceasefire Industries Management Trainee Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Shriram Finance Management Trainee Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
LanceSoft Management Trainee Salary - ₹1.2 Lakhs to ₹4.6 Lakhs per year

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

The estimated take-home salary of a Management Trainee at IIFL Finance ranges between ₹86,955 per month to ₹89,234 per month in Indore. The take-home salary calculation is based on the average IIFL Finance Management Trainee salary in India which ranges between ₹12.2 Lakhs to ₹12.3 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 IIFL Finance in Indore?

According to AmbitionBox, 100% of the IIFL Finance Management Trainees in Indore reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IIFL Finance Management Trainee Salaries in Indore

IIFL Finance Management Trainee salary in Indore ranges between ₹12.2 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL Finance latest salaries received from various employees of IIFL Finance.