Muthoot Finance Management Trainee Salaries by 10+ Employees (Updated 2024)

0 - 1 year exp.

₹2.9 Lakhs - ₹6 Lakhs

Salary of majority employees

48% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr
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Product Management Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.3 L/yr

Last Updated: 27 Nov 2024

Companies similar to Muthoot Finance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Management Trainee Salary 0 - 5 years exp. (3 salaries)	₹7.4 L/yr - ₹15 L/yr 149% more
Shriram Finance Management Trainee Salary 0 - 2 years exp. (217 salaries)	₹1.8 L/yr - ₹3.5 L/yr 21% less	2 job openings
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Bajaj Finance Management Trainee Salary 0 - 3 years exp. (20 salaries)	₹3.1 L/yr - ₹10.5 L/yr 87% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (581 salaries)	₹4.5 L/yr - ₹13 L/yr 127% more
LIC Housing Finance Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹3.7 L/yr - ₹4.5 L/yr 3% more
ICICI Bank Management Trainee Salary 0 - 4 years exp. (1k salaries)	₹8.9 L/yr - ₹22 L/yr 318% more
Axis Bank Management Trainee Salary 0 - 2 years exp. (59 salaries)	₹7.8 L/yr - ₹21.7 L/yr 250% more
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (101 salaries)	₹6 L/yr - ₹24 L/yr 272% more
Tata Capital Management Trainee Salary 0 - 4 years exp. (97 salaries)	₹7 L/yr - ₹16 L/yr 217% more
Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (42 salaries)	₹3 L/yr - ₹10.5 L/yr 60% more
HDB Financial Services Management Trainee Salary 0 - 1 year exp. (211 salaries)	₹4 L/yr - ₹5 L/yr 5% more
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Sammaan Capital Limited Management Trainee Salary 0 - 2 years exp. (121 salaries)	₹2.7 L/yr - ₹8 L/yr 29% more
SMFG India Credit Management Trainee Salary 0 - 3 years exp. (82 salaries)	₹4 L/yr - ₹14 L/yr 142% more
IIFL Finance Management Trainee Salary 0 - 1 year exp. (66 salaries)	₹16.5 L/yr - ₹29 L/yr 328% more
TVS Credit Management Trainee Salary 0 - 1 year exp. (49 salaries)	₹7 L/yr - ₹12.7 L/yr 218% more
Mahindra Finance Management Trainee Salary 0 - 1 year exp. (38 salaries)	₹4 L/yr - ₹11 L/yr 81% more
Poonawalla Fincorp Management Trainee Salary 0 - 1 year exp. (35 salaries)	₹5 L/yr - ₹7.2 L/yr 54% more
Aavas Financiers Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹3.6 L/yr - ₹7.5 L/yr 33% more
PNB Housing Finance Management Trainee Salary 0 - 3 years exp. (18 salaries)	₹4 L/yr - ₹6 L/yr 36% more
L&T Finance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹2 L/yr - ₹9.1 L/yr 80% more

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Management Trainee salary at Muthoot Finance ranges between ₹2.9 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Management Trainee salaries

Last Updated: 27 Nov 2024

Experience	Avg Annual Salary
Fresher (9 salaries)	₹2.9 L/yr - ₹6 L/yr
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1 year (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr

Similar Designation salaries in Muthoot Finance

Finance Executive Salary

(79 salaries)

₹1.2 L/yr - ₹4.4 L/yr

Accountant Salary

(66 salaries)

₹1.3 L/yr - ₹5.05 L/yr

Team Lead Salary

(25 salaries)

₹1.8 L/yr - ₹3.85 L/yr

Financial Analyst Salary

(8 salaries)

₹1.3 L/yr - ₹8.5 L/yr

Accounts Officer Salary

(8 salaries)

₹1.65 L/yr - ₹2.05 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(79 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Account Assistant Salary

(122 salaries)

₹1.15 L/yr - ₹4.1 L/yr

Top skills at Muthoot Finance for Management Trainee

Financial Analysis MIS Analytical skills Sales Management Reporting Interpersonal Skills bfsi Financial operations Personal Loans Communication Skills Excel Research Lead Generation Management Business Loan

Salary related reviews for Muthoot Finance

2.8

Rated by 3 employees for salary & benefits

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Account Assistant in Alibag

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Salary is credited on time.

Dislikes

They do more work in less salary. Work time is too much. In that too, sometimes they stop for more time and work. They work on Sundays as well. Salary does not increase even after working for 8 years. Older employees give more pressure and harass them

Finance Executive in Tirunelveli

Finance & Accounting Department

5.0

• posted on 08 May 2021

5.0

for Salary and Benefits

Likes

...ansparent and friendly. Company policies are good.work with an comfortable zone.appraisals are fair and they provide good salary hike and bonus every year.

Dislikes

No dislike and no issues for this company

Accountant in Mumbai

Finance & Accounting Department

5.0

• posted on 21 Nov 2019

4.0

for Salary and Benefits

Likes

The company take cares of their employees these is the best thingh of these company whenever you do a business for the company it does not keeps the whole profit with them they share a certaiin part of it to those employees whose involvement is there to make that business sucessfull so these is the best thingh that i like about muthoot finance that they does not only think of their profit or pockets they also do take care of their employees to

Dislikes

...recovery and the worst thingh is that if i fail to punch after 9 am if also 9.1. Has became my half day salary will be deducted these is the worst thingh which almost all employees does not likes

Account Assistant in New Delhi

Finance & Accounting Department

4.0

• posted on 22 Aug 2018

3.0

for Salary and Benefits

Likes

We are in this area where very goods price are very high and no one leave in smal salary package. But Muthoot provide non respective salary in month basis and that was not better

Dislikes

Only support and parcelty with North Indian and south Indian this the biggest think which recommend you for non working culture.. And there is only support karla people and only advantage for them only.... No matter of talent or good or right only just support kerla people........

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Management Trainee Salary FAQs

What is the salary of Management Trainee at Muthoot Finance?

Management Trainee salary at Muthoot Finance in India ranges between ₹2.9 Lakhs to ₹6.0 Lakhs for less than 1 year of experience. According to our estimates it is 48% less than the average Management Trainee Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Management Trainee at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Management Trainee at Muthoot Finance is 48% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

What are the top skills required to work as a Management Trainee at Muthoot Finance?

Financial Analysis, MIS, Analytical skills, Sales and Management Reporting are some of the popular skills required to work as a Management Trainee at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Management Trainee in India?

IIFL Finance Management Trainee Salary - ₹16.5 Lakhs to ₹29.0 Lakhs per year
ICICI Bank Management Trainee Salary - ₹8.9 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank Management Trainee Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank Management Trainee Salary - ₹7.8 Lakhs to ₹21.7 Lakhs per year
TVS Credit Management Trainee Salary - ₹7.0 Lakhs to ₹12.7 Lakhs per year

What is the salary of a Management Trainee in companies similar to Muthoot Finance in India?

Tata Capital Management Trainee Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Prime Management Trainee Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Tata Capital Housing Finance Management Trainee Salary - ₹9.0 Lakhs to ₹11.7 Lakhs per year
IDFC FIRST Bharat Management Trainee Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Manappuram Finance Management Trainee Salary - ₹7.4 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Muthoot Finance in India?

The estimated take-home salary of a Management Trainee at Muthoot Finance ranges between ₹28,421 per month to ₹29,808 per month in India. The take-home salary calculation is based on the average Muthoot Finance Management Trainee salary in India which ranges between ₹2.9 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Muthoot Finance?

According to AmbitionBox, 64% of the Muthoot Finance Management Trainees reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Muthoot Finance Management Trainee Salaries

Muthoot Finance Management Trainee salary in India ranges between ₹2.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Finance latest salaries received from various employees of Muthoot Finance.