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Mahindra Finance Management Trainee salaries in Mumbai (Updated 2025)

Annual salary range
0 - 1 year exp.
₹6.5 Lakhs - ₹7.8 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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16% 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)
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₹8.3 L/yr - ₹10 L/yr

Human Resources
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹7.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Mahindra Finance for Management Trainee in Mumbai

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Mahindra Finance Management Trainee Salary

0 - 1 year exp. (3 salaries)

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₹6.5 L/yr - ₹7.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata Motors Management Trainee Salary

0 - 6 years exp. (10 salaries)

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₹2.5 L/yr - ₹6.4 L/yr

arrow icon 34% less
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HDFC Bank Management Trainee Salary

0 - 5 years exp. (104 salaries)

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₹4.1 L/yr - ₹13 L/yr

arrow icon 14% more
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ICICI Bank Management Trainee Salary

0 - 3 years exp. (321 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 111% more
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Axis Bank Management Trainee Salary

0 - 5 years exp. (15 salaries)

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₹12 L/yr - ₹25 L/yr

arrow icon 102% more
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Kotak Mahindra Bank Management Trainee Salary

0 - 4 years exp. (35 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 84% more
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₹7.3 L/yr - ₹25 L/yr

arrow icon 111% more
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L&T Finance Management Trainee Salary

0 - 3 years exp. (4 salaries)

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₹6.9 L/yr - ₹9.1 L/yr

arrow icon 7% more
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SMFG India Credit Management Trainee Salary

0 - 3 years exp. (38 salaries)

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₹5 L/yr - ₹16.8 L/yr

arrow icon 22% more
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IIFL Finance Management Trainee Salary

0 - 2 years exp. (30 salaries)

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₹17 L/yr - ₹30 L/yr

arrow icon 123% more
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₹4 L/yr - ₹4.3 L/yr

arrow icon 47% less
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₹5.1 L/yr - ₹6.5 L/yr

arrow icon 26% less
1 job opening
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Edelweiss Management Trainee Salary

0 - 1 year exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 45% less
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₹5 L/yr - ₹6 L/yr

arrow icon 28% less
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Shriram Finance Management Trainee Salary

0 - 2 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.1 L/yr

arrow icon 60% less
2 job openings
Management Trainee salary at Mahindra Finance ranges between ₹6.5 Lakhs to ₹7.8 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.

Latest annual salaries shared by Mahindra Finance Management Trainee in Mumbai

1w ago
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7 months exp.
7mo ago
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1 year exp.

Experience wise Mahindra Finance Management Trainee salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.1 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹6.5 L/yr - ₹13.9 L/yr
Mahindra Finance Management Trainee Salary and Career Growth

From

To

Management Trainee

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0 - 4 years exp.

Divisional Manager

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9 - 23 years exp.

Management Trainee 0 - 4 years exp.
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Area Business Manager 5 - 18 years exp.
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arrow icon 14% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 115% 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
    (80 salaries)
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    ₹4.2 L/yr - ₹11.5 L/yr
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    ₹2.4 L/yr - ₹4 L/yr
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    ₹1.92 L/yr - ₹3.72 L/yr

    Top skills at Mahindra Finance for Management Trainee

    Interpersonal Skills Analytical skills Communication Skills Customer Focus Leasing Team Skills Sales Management
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    Salary related reviews for Mahindra Finance

    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.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    So far no issues.

    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.

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    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.

    read more
    • 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.

    read more
    • Job security - Bad

    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..

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Only salary package..

    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.

    read more
    • Salary - Good
    • +6 more

    Dislikes

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

    read more
    see more salary related reviews

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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, 75% of the Mahindra Finance Management Trainees in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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    Mahindra Finance Management Trainee salary in Mumbai ranges between ₹6.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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