JM Financial Management Trainee Salaries by 70+ Employees (Updated 2025)

0 - 2 years exp.

₹2.7 Lakhs - ₹10 Lakhs

Salary of majority employees

29% less than the average Management Trainee Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (19 salaries)	₹3.6 L/yr - ₹6 L/yr
Sales & Business Development Management Trainee Salary 0 - 1 year exp. (12 salaries)	₹2.7 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹3.6 L/yr - ₹9.1 L/yr
Customer Success, Service & Operations Management Trainee Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
Human Resources Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr

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Last Updated: 5 Feb 2025

Companies similar to JM Financial for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Management Trainee Salary 0 - 5 years exp. (488 salaries)	₹4 L/yr - ₹13 L/yr 62% more
ICICI Bank Management Trainee Salary 0 - 3 years exp. (907 salaries)	₹8 L/yr - ₹20.5 L/yr 211% more
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Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (88 salaries)	₹7 L/yr - ₹20 L/yr 138% more
Axis Bank Management Trainee Salary 0 - 5 years exp. (50 salaries)	₹6.1 L/yr - ₹21 L/yr 160% more
State Bank of India Management Trainee Salary 0 - 7 years exp. (3 salaries)	₹7 L/yr - ₹10.3 L/yr 95% more
TCS Management Trainee Salary 0 - 2 years exp. (500 salaries)	₹4.5 L/yr - ₹9 L/yr 18% more
Aditya Birla Capital Management Trainee Salary 0 - 1 year exp. (73 salaries)	₹8 L/yr - ₹20 L/yr 164% more
ICICI Securities Management Trainee Salary 0 - 4 years exp. (73 salaries)	₹3 L/yr - ₹11.5 L/yr 39% more
Reliance Industries Management Trainee Salary 0 - 4 years exp. (63 salaries)	₹10 L/yr - ₹27 L/yr 284% more
Hindustan Unilever Management Trainee Salary 0 - 2 years exp. (39 salaries)	₹13 L/yr - ₹35 L/yr 406% more
Bajaj Finserv Management Trainee Salary 0 - 3 years exp. (17 salaries)	₹6.6 L/yr - ₹19 L/yr 147% more
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Motilal Oswal Financial Services Management Trainee Salary 0 - 4 years exp. (19 salaries)	₹4 L/yr - ₹9.6 L/yr 13% more
Bharti Airtel Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹8 L/yr - ₹30 L/yr 281% more
Infosys Management Trainee Salary 0 - 4 years exp. (11 salaries)	₹4.7 L/yr - ₹15.3 L/yr 78% more
Motilal Oswal Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 45% more
Nippon Life India Asset Management Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹5.1 L/yr - ₹17 L/yr 143% more
Reliance Capital Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2.6 L/yr - ₹6 L/yr 20% less
JPMorgan Chase & Co. Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5.4 L/yr - ₹13.5 L/yr 102% more
Edelweiss Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr 19% less
Sharekhan Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹6 L/yr 5% less

View all

Management Trainee salary at JM Financial ranges between ₹2.7 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 73 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Management Trainee salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (47 salaries)	₹2.7 L/yr - ₹9.1 L/yr
1 year (24 salaries)	₹3.6 L/yr - ₹10 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr

Similar Designation salaries in JM Financial

Finance Executive Salary

(7 salaries)

₹1.65 L/yr - ₹3.4 L/yr

Accountant Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Team Lead Salary

(19 salaries)

₹6 L/yr - ₹15.25 L/yr

Financial Analyst Salary

(14 salaries)

₹16.21 L/yr - ₹19 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹159.6 L/yr - ₹176.4 L/yr

Analyst Salary

(20 salaries)

₹7.5 L/yr - ₹31.8 L/yr

Senior Associate Salary

(156 salaries)

₹11.46 L/yr - ₹22.91 L/yr

Senior Analyst Salary

(30 salaries)

₹10 L/yr - ₹25 L/yr

Deputy Manager Salary

(15 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Account Assistant Salary

(4 salaries)

₹1.8 L/yr - ₹5.9 L/yr

Salary related reviews for JM Financial

3.4

Rated by 16 employees for salary & benefits

Management Trainee in Mumbai

Finance Department

5.0

• posted on 02 Apr 2018

4.0

for Salary and Benefits

Likes

Culture and their respect towards employees. The organization always treats employees as its family members. There are immense growth opportunities within the organization.

Salary - Good

+6 more

Dislikes

Fixed part of the salary is low.

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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JM Financial Management Trainee Salary FAQs

What is the salary of Management Trainee at JM Financial ?

The average salary of a Management Trainee at JM Financial in India typically ranges from ₹2.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at JM Financial earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Management Trainee Salaries at JM Financial 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 70+ JM Financial employees in India.

What is the estimated take home salary of a Management Trainee at JM Financial in India?

The estimated take-home salary of a Management Trainee at JM Financial in India typically ranges from ₹39,163 to ₹40,340 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 70+ salaries received from various employees of JM Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Hindustan Unilever	₹13.0 Lakhs to ₹35.0 Lakhs per year
Reliance Industries	₹10.0 Lakhs to ₹27.0 Lakhs per year
Bharti Airtel	₹8.0 Lakhs to ₹30.0 Lakhs per year
Wells Fargo	₹16.0 Lakhs to ₹24.0 Lakhs per year
ICICI Bank	₹8.0 Lakhs to ₹20.5 Lakhs per year

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

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

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

Aditya Birla Capital	₹8.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank	₹6.1 Lakhs to ₹21.0 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
Kotak Mahindra Bank	₹7.0 Lakhs to ₹20.0 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 JM Financial in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹9.1 Lakhs per year
1 year	₹3.6 Lakhs to ₹10.0 Lakhs per year
2 years	₹3.5 Lakhs to ₹6.0 Lakhs per year

and so on.

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JM Financial Management Trainee Salaries

JM Financial Management Trainee salary in India ranges between ₹2.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 73 JM Financial latest salaries received from various employees of JM Financial.

JM Financial Management Trainee salaries in India (Updated 2025)

Companies similar to JM Financial for Management Trainee

Latest annual salaries shared by JM Financial Management Trainee

Experience wise JM Financial Management Trainee salaries

Similar Designation salaries in JM Financial

Salary related reviews for JM Financial

Management Trainee in Mumbai

Senior Software Developer in Mumbai

Senior Executive in Mumbai

Investment Banking Associate in Mumbai

Associate in Mumbai

JM Financial Management Trainee Salary FAQs

Tell us how to improve this page.

JM Financial Management Trainee Salaries by Location