JM Financial Trainee Salaries by 7 Employees (Updated 2024)

0 - 3 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

30% more than the average Trainee Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Trainee Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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Risk Management & Compliance Trainee Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.5 L/yr

Last Updated: 2 Oct 2024

Companies similar to JM Financial for Trainee

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Trainee Salary 0 - 1 year exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 36% more
Edelweiss Trainee Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 5% more
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Kotak Mahindra Bank Trainee Salary 0 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹3.6 L/yr 28% less
HDFC Bank Trainee Salary 0 - 2 years exp. (167 salaries)	₹1 L/yr - ₹7 L/yr 2% less
ICICI Bank Trainee Salary 0 - 5 years exp. (20 salaries)	₹0.8 L/yr - ₹8.3 L/yr 12% more
Reliance Industries Trainee Salary 0 - 3 years exp. (16 salaries)	₹2 L/yr - ₹9.6 L/yr 74% more
TCS Trainee Salary 0 - 2 years exp. (320 salaries)	₹0.7 L/yr - ₹4.6 L/yr 22% less
Infosys Trainee Salary 0 - 1 year exp. (42 salaries)	₹2.3 L/yr - ₹5.5 L/yr 12% more
Hindustan Unilever Trainee Salary 0 - 4 years exp. (24 salaries)	₹1 L/yr - ₹7 L/yr 3% more
Bharti Airtel Trainee Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹5.6 L/yr 20% less
Bajaj Finserv Trainee Salary 0 - 2 years exp. (35 salaries)	₹1.2 L/yr - ₹4 L/yr 21% less
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Motilal Oswal Trainee Salary 0 - 1 year exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 43% less
Alankit Trainee Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹3.6 L/yr 17% less
Sharekhan Trainee Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 17% less
ICICI Securities Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹7.2 L/yr 69% more
Reliance Capital Trainee Salary 0 - 2 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 50% more
Bajaj Capital Trainee Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹4.7 L/yr 8% more
Srei Equipment Finance Trainee Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 3% less

Trainee salary at JM Financial ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Trainee salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
1 year (3 salaries)	₹2 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr

Similar Designation salaries in JM Financial

Team Lead Salary

(24 salaries)

₹6 L/yr - ₹14.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹12.9 L/yr - ₹16.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

System Engineer Salary

(4 salaries)

₹1.45 L/yr - ₹3.52 L/yr

Software Engineer Salary

(5 salaries)

₹3.6 L/yr - ₹6.55 L/yr

Senior Associate Salary

(162 salaries)

₹5.75 L/yr - ₹21 L/yr

Senior Consultant Salary

(17 salaries)

₹5.1 L/yr - ₹8.1 L/yr

Software Developer Salary

(25 salaries)

₹3 L/yr - ₹13 L/yr

Salary related reviews for JM Financial

1.3

Rated by 3 employees for salary & benefits

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.

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

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

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

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.

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

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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JM Financial Trainee Salary FAQs

What is the salary of Trainee at JM Financial?

Trainee salary at JM Financial in India ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 30% more than the average Trainee Salary in India. Salary estimates are based on 7 latest salaries received from various employees of JM Financial India.

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

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

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

Reliance Industries Trainee Salary - ₹2.0 Lakhs to ₹9.6 Lakhs per year
ICICI Securities Trainee Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
Reliance Capital Trainee Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Motilal Oswal Financial Services Trainee Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Infosys Trainee Salary - ₹2.3 Lakhs to ₹5.5 Lakhs per year

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

ICICI Bank Trainee Salary - ₹0.8 Lakhs to ₹8.3 Lakhs per year
Bajaj Capital Trainee Salary - ₹2.2 Lakhs to ₹4.7 Lakhs per year
Edelweiss Trainee Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Hindustan Unilever Trainee Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
HDFC Bank Trainee Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Trainee at JM Financial ranges between ₹22,423 per month to ₹23,900 per month in India. The take-home salary calculation is based on the average JM Financial Trainee salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Trainee at JM Financial?

According to AmbitionBox, 100% of the JM Financial Trainees reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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JM Financial Trainee Salaries

JM Financial Trainee salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 JM Financial latest salaries received from various employees of JM Financial.