Indostar Home Finance Management Trainee Salaries by 10 Employees (Updated 2025)

0 - 1 year exp.

₹3.5 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Management Trainee Salary in Financial Services 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. (4 salaries)	₹4 L/yr - ₹4.2 L/yr
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Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.9 L/yr - ₹4.2 L/yr

Last Updated: 5 Feb 2025

Companies similar to Indostar Home Finance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
JM Financial Management Trainee Salary 0 - 2 years exp. (74 salaries)	₹2.7 L/yr - ₹10 L/yr 35% more
ICICI Securities Management Trainee Salary 0 - 3 years exp. (73 salaries)	₹3 L/yr - ₹11.5 L/yr 83% more
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Aditya Birla Capital Management Trainee Salary 0 - 1 year exp. (73 salaries)	₹8 L/yr - ₹20 L/yr 249% more
Motilal Oswal Financial Services Management Trainee Salary 0 - 4 years exp. (19 salaries)	₹4 L/yr - ₹9.6 L/yr 49% more
Bajaj Finserv Management Trainee Salary 0 - 3 years exp. (17 salaries)	₹6.6 L/yr - ₹19 L/yr 226% more
Motilal Oswal Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 91% more
Edelweiss Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr 7% more
Reliance Capital Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.6 L/yr - ₹6 L/yr 5% more
Nippon Life India Asset Management Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5.1 L/yr - ₹17 L/yr 221% more
JPMorgan Chase & Co. Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5.4 L/yr - ₹13.5 L/yr 168% more
Sharekhan Management Trainee Salary Fresher (4 salaries)	₹1 L/yr - ₹6 L/yr 25% more
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Stock Holding Corporation of India Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 42% less
Bajaj Capital Management Trainee Salary 0 - 5 years exp. (4 salaries)	₹0.9 L/yr - ₹6 L/yr 16% more
Srei Equipment Finance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 11% more
Srei Infrastructure Finance Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹4.5 L/yr 29% less
Religare Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹13 L/yr 70% more
Geojit Financial Services Management Trainee Salary 0 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹6 L/yr 19% more
Wells Fargo Management Trainee Salary 0 - 9 years exp. (3 salaries)	₹16 L/yr - ₹24 L/yr 388% more
The Muthoot Group Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr 2% less

Management Trainee salary at Indostar Home Finance ranges between ₹3.5 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 10 latest salaries received from various employees of Indostar Home Finance.

Experience wise Indostar Home Finance Management Trainee salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr
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1 year (4 salaries)	₹1.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in Indostar Home Finance

Finance Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(7 salaries)

₹2.75 L/yr - ₹7.84 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Relationship Manager Salary

(76 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Indostar Home Finance

4.1

Rated by 6 employees for salary & benefits

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Salary - Bad

+6 more

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Salary - Good

+4 more

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Salary - Good

+6 more

Dislikes

Nill

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indostar Home Finance Management Trainee Salary FAQs

What is the salary of Management Trainee at Indostar Home Finance ?

The average salary of a Management Trainee at Indostar Home Finance in India typically ranges from ₹3.5 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Indostar Home Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Management Trainee Salaries at Indostar Home 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 10 Indostar Home Finance employees in India.

What is the estimated take home salary of a Management Trainee at Indostar Home Finance in India?

The estimated take-home salary of a Management Trainee at Indostar Home Finance in India typically ranges from ₹28,971 to ₹30,351 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.2 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 10 salaries received from various employees of Indostar Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indostar Home Finance for Management Trainee in India?

Wells Fargo	₹16.0 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Capital	₹8.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Finserv	₹6.6 Lakhs to ₹19.0 Lakhs per year
Nippon Life India Asset Management	₹5.1 Lakhs to ₹17.0 Lakhs per year
JPMorgan Chase & Co.	₹5.4 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Indostar Home Finance in India?

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

Motilal Oswal	₹4.0 Lakhs to ₹10.0 Lakhs per year
ICICI Securities	₹3.0 Lakhs to ₹11.5 Lakhs per year
Religare	₹3.0 Lakhs to ₹13.0 Lakhs per year
Motilal Oswal Financial Services	₹4.0 Lakhs to ₹9.6 Lakhs per year
JM Financial	₹2.7 Lakhs to ₹10.0 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 Indostar Home Finance in India?

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

Experience	Average Salary Range
Fresher	₹3.5 Lakhs to ₹4.2 Lakhs per year
1 year	₹1.6 Lakhs to ₹4.2 Lakhs per year

and so on.

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Indostar Home Finance Management Trainee Salaries

Indostar Home Finance Management Trainee salary in India ranges between ₹3.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Indostar Home Finance latest salaries received from various employees of Indostar Home Finance.