Mahindra Finance Executive Trainee Salaries by 7 Employees (Updated 2024)

1 - 4 years exp.

₹1.1 Lakh - ₹9 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Executive Trainee Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

IT & Information Security Executive Trainee Salary 2 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr
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Research & Development Executive Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr

Last Updated: 22 Apr 2024

Companies similar to Mahindra Finance for Executive Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Executive Trainee Salary 0 - 1 year exp. (191 salaries)	₹3.5 L/yr - ₹9.4 L/yr 50% more
Shriram Finance Executive Trainee Salary 0 - 5 years exp. (30 salaries)	₹1.8 L/yr - ₹3.1 L/yr 38% less
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Mahindra Rural Housing Finance Executive Trainee Salary 0 - 1 year exp. (13 salaries)	₹2.9 L/yr - ₹6.5 L/yr 16% more
Muthoot Microfin Executive Trainee Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 42% less
HDFC Life Executive Trainee Salary 0 - 3 years exp. (493 salaries)	₹3 L/yr - ₹8 L/yr 15% more

Executive Trainee salary at Mahindra Finance ranges between ₹1.1 Lakh to ₹9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Executive Trainee salaries

Last Updated: 22 Apr 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.1 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
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3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.8 L/yr

Similar Designation salaries in Mahindra Finance

Management Trainee Salary

(28 salaries)

₹4 L/yr - ₹10 L/yr

Deputy Manager Salary

(310 salaries)

₹4 L/yr - ₹12 L/yr

Accounts Officer Salary

(3 salaries)

₹2.75 L/yr - ₹3.35 L/yr

Accountant Salary

(75 salaries)

₹1.2 L/yr - ₹5.21 L/yr

Team Lead Salary

(41 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Financial Analyst Salary

(6 salaries)

₹1.95 L/yr - ₹3.11 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹8.1 L/yr

Finance Executive Salary

(175 salaries)

₹1.6 L/yr - ₹4.8 L/yr

Account Assistant Salary

(125 salaries)

₹1.55 L/yr - ₹5.5 L/yr

Salary related reviews for Mahindra Finance

2.7

Rated by 4 employees for salary & benefits

Executive Trainee in Muzaffarpur

Marketing & Communication Department

5.0

• posted on 22 Feb 2021

5.0

for Salary and Benefits

Likes

...k and environment . teammates are supportive and management.company policy good.but training hours not bonus and expenses not pay

Dislikes

There is a lot of politics and management is not careful.career growth in very slow I'm two years in continue training hour .and my new boss is very bade and bade language me and coustomer.on the job training is not given to new joining

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Dislikes

So far no issues.

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Finance Executive in Haryana ,Rohtak

BFSI, Investments & Trading Department

4.0

• posted on 01 May 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Dislikes

Only salary package..

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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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Mahindra Finance Executive Trainee Salary FAQs

What is the salary of Executive Trainee at Mahindra Finance?

Executive Trainee salary at Mahindra Finance in India ranges between ₹1.1 Lakhs to ₹9.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 14% less than the average Executive Trainee Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Executive Trainee at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Executive Trainee at Mahindra Finance is 14% less than the average salary of a Executive Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Executive Trainee in India?

HDFC Bank Executive Trainee Salary - ₹3.5 Lakhs to ₹9.4 Lakhs per year
Mahindra Rural Housing Finance Executive Trainee Salary - ₹2.9 Lakhs to ₹6.5 Lakhs per year
HDFC Life Executive Trainee Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Executive Trainee in companies similar to Mahindra Finance in India?

Shriram Finance Executive Trainee Salary - ₹1.8 Lakhs to ₹3.1 Lakhs per year
Muthoot Microfin Executive Trainee Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Executive Trainee at Mahindra Finance in India?

The estimated take-home salary of a Executive Trainee at Mahindra Finance ranges between ₹30,366 per month to ₹31,675 per month in India. The take-home salary calculation is based on the average Mahindra Finance Executive Trainee salary in India which ranges between ₹1.1 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Executive Trainee at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance Executive Trainees reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Finance Executive Trainee Salaries

Mahindra Finance Executive Trainee salary in India ranges between ₹1.1 Lakh to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.