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Mahindra Finance

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra Finance HR Trainee salaries in India

Annual salary range
0 - 1 year exp.
₹2 Lakhs - ₹2.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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13% less than the average HR Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Last Updated: 17 Apr 2024

Companies similar to Mahindra Finance for HR Trainee

Company name Avg Annual Salary Open Jobs
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IIFL Finance HR Trainee Salary

0 - 1 year exp. (13 salaries)

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₹1.5 L/yr - ₹4 L/yr

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TVS Credit HR Trainee Salary

0 - 6 years exp. (5 salaries)

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₹1.1 L/yr - ₹4.3 L/yr

arrow icon 43% more
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Poonawalla Fincorp HR Trainee Salary

1 - 3 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 1% more
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₹1.4 L/yr - ₹2.3 L/yr

arrow icon 13% less
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HDB Financial Services HR Trainee Salary

0 - 3 years exp. (4 salaries)

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₹0.8 L/yr - ₹1.8 L/yr

arrow icon 39% less
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Muthoot Fincorp HR Trainee Salary

0 - 4 years exp. (3 salaries)

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₹1.7 L/yr - ₹6 L/yr

arrow icon 54% more
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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 13% less
HR Trainee salary at Mahindra Finance ranges between ₹2 Lakhs to ₹2.2 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 Mahindra Finance.

Latest annual salaries shared by Mahindra Finance HR Trainee

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2 months exp.
1y ago
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1 year exp.
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5 months exp.

Experience wise Mahindra Finance HR Trainee salaries

Last Updated: 17 Apr 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Mahindra Finance

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₹5 L/yr - ₹12 L/yr
HR Manager Salary
(47 salaries)
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₹7 L/yr - ₹20 L/yr
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₹4.5 L/yr - ₹8.9 L/yr
HR Executive Salary
(18 salaries)
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₹1.3 L/yr - ₹4 L/yr
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₹2 L/yr - ₹4.2 L/yr
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₹7 L/yr - ₹14.5 L/yr
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₹9 L/yr - ₹31.8 L/yr
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₹4.15 L/yr - ₹4.6 L/yr
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₹7.3 L/yr - ₹11.5 L/yr
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₹5.05 L/yr - ₹5.55 L/yr

Salary related reviews for Mahindra Finance

3.9

Rated by 4 employees for salary & benefits

Human Resources Department

3.0
  •  posted on 22 May 2022

3.0
 for  Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

  • Job security - Excellent

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

read more
  • Skill development - Bad
  • +2 more

Human Resources Department

4.0
  •  posted on 25 Mar 2021

3.0
 for  Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

read more
  • Skill development - Good
  • +4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

Can learn everything thing

  • Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

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  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Dec 2024

5.0
 for  Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

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Full Time

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Marketing & Communication Department

5.0
  •  posted on 12 Oct 2024

5.0
 for  Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

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  • Salary - Excellent
  • +6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

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Mahindra Finance HR Trainee Salary FAQs

What is the salary of HR Trainee at Mahindra Finance ?
The average salary of a HR Trainee at Mahindra Finance in India typically ranges from ₹2.0 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of HR Trainee at Mahindra Finance earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. HR Trainee Salaries at Mahindra 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 4 Mahindra Finance employees in India.
What is the estimated take home salary of a HR Trainee at Mahindra Finance in India?
The estimated take-home salary of a HR Trainee at Mahindra Finance in India typically ranges from ₹14,022 to ₹15,504 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.2 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 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Finance for HR Trainee in India?
Muthoot Fincorp ₹1.7 Lakhs to ₹6.0 Lakhs per year
TVS Credit ₹1.1 Lakhs to ₹4.3 Lakhs per year
IIFL Finance ₹1.5 Lakhs to ₹4.0 Lakhs per year
Poonawalla Fincorp ₹1.8 Lakhs to ₹2.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
What is the salary of a HR Trainee in companies similar to Mahindra Finance in India?
The salary of a HR Trainee at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance ₹1.2 Lakhs to ₹2.5 Lakhs per year
Tata Capital Housing Finance ₹1.4 Lakhs to ₹2.3 Lakhs per year
HDB Financial Services ₹0.8 Lakhs to ₹1.8 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 HR Trainee at Mahindra Finance in India?
The salary growth for a HR Trainee at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a HR Trainee can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹2.2 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

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Mahindra Finance HR Trainee salary in India ranges between ₹2 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.