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Mahindra Rural Housing Finance Management Trainee salaries in India

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹4 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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48% less than the average Management Trainee Salary in NBFC Companies for 0 - 3 years of experience

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Last Updated: 14 Jul 2024

Companies similar to Mahindra Rural Housing Finance for Management Trainee

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹5 L/yr

arrow icon 7% more
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Shriram Finance Management Trainee Salary

0 - 2 years exp. (226 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 18% less
2 job openings
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Tata Capital Management Trainee Salary

0 - 8 years exp. (98 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 266% more
3 job openings
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SMFG India Credit Management Trainee Salary

0 - 4 years exp. (79 salaries)

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₹3.8 L/yr - ₹13.1 L/yr

arrow icon 109% more
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IIFL Finance Management Trainee Salary

0 - 2 years exp. (57 salaries)

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₹17 L/yr - ₹30 L/yr

arrow icon 351% more
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₹3 L/yr - ₹7 L/yr

arrow icon 16% more
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TVS Credit Management Trainee Salary

0 - 2 years exp. (46 salaries)

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₹7 L/yr - ₹13.5 L/yr

arrow icon 233% more
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₹3 L/yr - ₹10.8 L/yr

arrow icon 53% more
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Mahindra Finance Management Trainee Salary

0 - 4 years exp. (32 salaries)

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₹4 L/yr - ₹10.4 L/yr

arrow icon 98% more
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Poonawalla Fincorp Management Trainee Salary

0 - 1 year exp. (32 salaries)

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₹5 L/yr - ₹7.2 L/yr

arrow icon 56% more
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Aavas Financiers Management Trainee Salary

0 - 2 years exp. (16 salaries)

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 32% more
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Bajaj Finance Management Trainee Salary

0 - 3 years exp. (13 salaries)

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₹3.1 L/yr - ₹10 L/yr

arrow icon 89% more
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Muthoot Finance Management Trainee Salary

0 - 2 years exp. (12 salaries)

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₹3 L/yr - ₹6 L/yr

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Muthoot Fincorp Management Trainee Salary

0 - 4 years exp. (10 salaries)

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₹2.4 L/yr - ₹4.9 L/yr

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₹4.8 L/yr - ₹10 L/yr

arrow icon 129% more
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L&T Finance Management Trainee Salary

0 - 3 years exp. (9 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 110% more
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₹6.8 L/yr - ₹7.5 L/yr

arrow icon 92% more
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₹5 L/yr - ₹6 L/yr

arrow icon 33% more
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₹4 L/yr - ₹6.5 L/yr

arrow icon 10% more
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₹3.5 L/yr - ₹7 L/yr

arrow icon 47% more
View all
Management Trainee salary at Mahindra Rural Housing Finance ranges between ₹3 Lakhs to ₹4 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 Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Management Trainee

6mo ago
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1 year exp.
7mo ago
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5 months exp.
9mo ago
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3 years exp.
1y ago
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2 years exp.

Experience wise Mahindra Rural Housing Finance Management Trainee salaries

Last Updated: 14 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹6.6 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

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₹1.2 L/yr - ₹3 L/yr
Accountant Salary
(30 salaries)
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₹1.4 L/yr - ₹3.6 L/yr
Team Lead Salary
(7 salaries)
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₹1.3 L/yr - ₹3.1 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.6 L/yr - ₹3 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Deputy Manager Salary
(89 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
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₹1.8 L/yr - ₹2.4 L/yr
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₹2.6 L/yr - ₹4 L/yr
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₹2.75 L/yr - ₹3 L/yr

Salary related reviews for Mahindra Rural Housing Finance

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Jan 2025

1.0
 for  Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

read more

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 15 Dec 2024

3.0
 for  Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

read more
  • Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

read more
  • Job security - Poor

Full Time

 · 

Other Department

1.0
  •  posted on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

Skill development

  • Skill development - Good

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Oct 2024

3.0
 for  Salary and Benefits

Likes

I like company culture environment co operative senior..

  • Skill development - Good
  • +5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 13 Aug 2024

3.0
 for  Salary and Benefits

Likes

Salary is received on time. Sudhya company paid salary while Corona was going on. The work of every department of the company is good

read more
  • Work-life balance - Good

Dislikes

Officials abuse parents to get work. and does not support They work on holidays. They always threaten to fire me. Even after working. The language of the officers is very bad so the company is not working.

read more
  • Skill development - Bad
  • +2 more
see more salary related reviews

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Mahindra Rural Housing Finance Management Trainee Salary FAQs

What is the salary of Management Trainee at Mahindra Rural Housing Finance ?
The average salary of a Management Trainee at Mahindra Rural Housing Finance in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at Mahindra Rural Housing Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Management Trainee Salaries at Mahindra Rural Housing 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 Rural Housing Finance employees in India.
What is the estimated take home salary of a Management Trainee at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Management Trainee at Mahindra Rural Housing Finance in India typically ranges from ₹27,926 to ₹29,321 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 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 Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Rural Housing Finance for Management Trainee in India?
IIFL Finance ₹17.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital ₹7.0 Lakhs to ₹25.0 Lakhs per year
TVS Credit ₹7.0 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Prime ₹8.0 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance ₹9.0 Lakhs to ₹11.0 Lakhs per year

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

Manappuram Finance ₹7.4 Lakhs to ₹15.0 Lakhs per year
Spandana Sphoorty Financial ₹4.8 Lakhs to ₹10.0 Lakhs per year
L&T Finance ₹3.6 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit ₹3.8 Lakhs to ₹13.1 Lakhs per year
Mahindra Finance ₹4.0 Lakhs to ₹10.4 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 Management Trainee at Mahindra Rural Housing Finance in India?
The salary growth for a Management Trainee at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹6.6 Lakhs per year
1 year ₹3.0 Lakhs to ₹6.8 Lakhs per year
2 years ₹1.5 Lakhs to ₹4.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Management Trainee salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.