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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 Trainee salaries in India

Annual salary range
0 - 3 years exp.
₹1.8 Lakh - ₹3.5 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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6% less than the average Trainee Salary in NBFC Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Trainee Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.6 L/yr

Human Resources
Trainee Salary
2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 23 May 2024

Companies similar to Mahindra Finance for Trainee

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Trainee Salary

0 - 4 years exp. (20 salaries)

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₹1 L/yr - ₹3.5 L/yr

arrow icon 3% less
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HDB Financial Services Trainee Salary

0 - 4 years exp. (20 salaries)

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₹1 L/yr - ₹2.8 L/yr

arrow icon 16% less
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IIFL Finance Trainee Salary

0 - 4 years exp. (5 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 20% more
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TVS Credit Trainee Salary

Fresher (4 salaries)

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₹3.9 L/yr - ₹12 L/yr

arrow icon 326% more
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SK Finance Limited Trainee Salary

0 - 3 years exp. (4 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 17% more
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L&T Finance Trainee Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹2.8 L/yr

arrow icon 23% less
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₹1.4 L/yr - ₹1.7 L/yr

arrow icon 35% less
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Muthoot Finance Trainee Salary

0 - 1 year exp. (3 salaries)

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₹1 L/yr - ₹1.2 L/yr

arrow icon 51% less
Trainee salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Trainee

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1 year exp.
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5 months exp.
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2 years exp.
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2 years exp.

Experience wise Mahindra Finance Trainee salaries

Last Updated: 23 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹0.9 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹4.1 L/yr

Similar Designation salaries in Mahindra Finance

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₹10 L/yr - ₹38 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Technical Lead Salary
(3 salaries)
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₹13.01 L/yr - ₹15 L/yr
Java Developer Salary
(10 salaries)
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₹4.75 L/yr - ₹16 L/yr
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₹3.2 L/yr - ₹19 L/yr
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₹2.4 L/yr - ₹8.44 L/yr
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₹3 L/yr - ₹7.62 L/yr
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₹7.13 L/yr - ₹9.66 L/yr
Programmer Analyst Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
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₹0.4 L/yr - ₹1.2 L/yr

Top skills at Mahindra Finance for Trainee

Finance Customer Interaction Interpersonal Skills Client Acquisition Communication Skills Consumer Durables Convincing Power

Salary related reviews for Mahindra Finance

5.0

Rated by 1 employees for salary & benefits

Technical Department

4.0
  •  posted on 25 May 2021

4.0
 for  Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

read more
  • Salary - Good
  • +1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

read more
  • Job security - Poor
  • +3 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

read more
  • 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.

read more

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

read more
  • 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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Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary on time Culture

  • Promotions - Good
  • +1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Mahindra Finance Trainee Salary FAQs

What is the salary of Trainee at Mahindra Finance ?
The average salary of a Trainee at Mahindra Finance in India typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Trainee at Mahindra Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. 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 5 Mahindra Finance employees in India.
What is the estimated take home salary of a Trainee at Mahindra Finance in India?
The estimated take-home salary of a Trainee at Mahindra Finance in India typically ranges from ₹15,923 to ₹17,570 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Trainee at Mahindra Finance ?
To be a Trainee at Mahindra Finance in india, the key skills required include:

  • - Finance
  • - Customer Interaction
  • - Interpersonal Skills
  • - Client Acquisition
  • - Communication Skills

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Finance for Trainee in India?
TVS Credit ₹3.9 Lakhs to ₹12.0 Lakhs per year
IIFL Finance ₹2.0 Lakhs to ₹4.8 Lakhs per year
SK Finance Limited ₹1.2 Lakhs to ₹4.7 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 Trainee in companies similar to Mahindra Finance in India?
The salary of a Trainee at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹1.0 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services ₹1.0 Lakhs to ₹2.8 Lakhs per year
L&T Finance ₹1.0 Lakhs to ₹2.8 Lakhs per year
CreditAccess Grameen ₹1.4 Lakhs to ₹1.7 Lakhs per year
Muthoot Finance ₹1.0 Lakhs to ₹1.2 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 Trainee at Mahindra Finance in India?
The salary growth for a Trainee at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Trainee can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
Fresher ₹0.9 Lakhs to ₹3.5 Lakhs per year
1 year ₹0.9 Lakhs to ₹2.6 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.6 Lakhs per year
3 years ₹1.9 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Trainee salary in India ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.