Mahindra Rural Housing Finance Management Trainee Salaries by 5 Employees

0 - 3 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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

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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.

Experience wise Mahindra Rural Housing Finance Management Trainee salaries

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

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(14 salaries)

₹1.2 L/yr - ₹3 L/yr

Accountant Salary

(30 salaries)

₹1.4 L/yr - ₹3.6 L/yr

Team Lead Salary

(7 salaries)

₹1.3 L/yr - ₹3.1 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Accounts Officer Salary

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Account Assistant Salary

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Salary related reviews for Mahindra Rural Housing Finance

Customer Service And Operations Executive in Thane

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

Dislikes

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

Salary - Bad

+6 more

Branch Manager in Shujalpur

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

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).

Job security - Poor

Area Credit Manager in Kochi

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

Salary - Bad

+1 more

Branch Manager in Akola

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.

Customer Executive in Amravati

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

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.

Skill development - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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
Kotak Mahindra Prime	₹8.0 Lakhs to ₹15.0 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹12.2 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.

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Mahindra Rural Housing Finance Management Trainee Salaries

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

Mahindra Rural Housing Finance Management Trainee salaries in India

Companies similar to Mahindra Rural Housing Finance for Management Trainee

Latest annual salaries shared by Mahindra Rural Housing Finance Management Trainee

Experience wise Mahindra Rural Housing Finance Management Trainee salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Customer Service And Operations Executive in Thane

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Customer Executive in Amravati

Mahindra Rural Housing Finance Management Trainee Salary FAQs

Tell us how to improve this page.