Mahindra Finance Mumbai Management Trainee Salaries by 3 Employees (Updated 2025)

0 - 1 year exp.

₹6.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹8.2 Lakhs

Variable (0%)

₹0.0

11% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹8.5 L/yr - ₹10 L/yr
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Human Resources Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹14 L/yr

Last Updated: 28 Jan 2025

Companies similar to Mahindra Finance for Management Trainee in Mumbai

Mahindra Finance Management Trainee Salary

0 - 1 year exp. (3 salaries)

₹6.5 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Management Trainee Salary 0 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹6.6 L/yr 38% less
HDFC Bank Management Trainee Salary 0 - 5 years exp. (110 salaries)	₹3.8 L/yr - ₹13 L/yr 5% more
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ICICI Bank Management Trainee Salary 0 - 3 years exp. (319 salaries)	₹10 L/yr - ₹20 L/yr 98% more
Axis Bank Management Trainee Salary 0 - 6 years exp. (15 salaries)	₹12 L/yr - ₹25 L/yr 90% more
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (35 salaries)	₹7 L/yr - ₹24 L/yr 72% more
Aditya Birla Capital Management Trainee Salary 0 - 5 years exp. (44 salaries)	₹6.7 L/yr - ₹25 L/yr 98% more
L&T Finance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹6.9 L/yr - ₹9.1 L/yr 1% less
SMFG India Credit Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹7.2 L/yr - ₹10 L/yr 9% more
IIFL Finance Management Trainee Salary 0 - 2 years exp. (28 salaries)	₹16.7 L/yr - ₹30 L/yr 104% more
Sammaan Capital Limited Management Trainee Salary 1 - 3 years exp. (9 salaries)	₹5.1 L/yr - ₹6.5 L/yr 31% less	1 job opening
PNB Housing Finance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 35% less
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Cholamandalam Investment & Finance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹5 L/yr - ₹5.3 L/yr 37% less

Management Trainee salary at Mahindra Finance ranges between ₹6.5 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Management Trainee salaries in Mumbai

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
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1 year (AmbitionBox Estimate)	₹6.5 L/yr - ₹14 L/yr

From

Management Trainee

₹

Lakhs/yr

0 - 4 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Management Trainee 0 - 4 years exp.

Area Business Manager 5 - 18 years exp.

19% hike

Divisional Manager 9 - 23 years exp.

114% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(73 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Account Assistant Salary

(6 salaries)

₹2.4 L/yr - ₹4 L/yr

Finance Executive Salary

(3 salaries)

₹3 L/yr - ₹4.4 L/yr

Top skills at Mahindra Finance for Management Trainee

Interpersonal Skills Analytical skills Communication Skills Customer Focus Leasing Team Skills Sales Management

Salary related reviews for Mahindra Finance

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.

Salary - Excellent

+6 more

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.

Salary - Bad

+6 more

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.

Salary - Good

+3 more

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.

Job security - Bad

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..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Account Assistant in Tinsukia

Finance & Accounting Department

4.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

...ronment and culture, my teammates are supportive and activeness with management. Good company policies and appraisals are fair, Good salary.

Salary - Good

+6 more

Dislikes

Lots of politics in management, salary are not very much hike and its slow

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Mahindra Finance Management Trainee Salary FAQs

What is the notice period for Management Trainee at Mahindra Finance in Mumbai?

According to AmbitionBox, 50% of the Mahindra Finance Management Trainees in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Management Trainee Salaries in Mumbai

Mahindra Finance Management Trainee salary in Mumbai ranges between ₹6.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.