Muthoot Pappachan Group Management Trainee Salaries by 4 Employees

1 - 4 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

Fixed (75%)

₹2.6 Lakhs

Variable (25%)

₹0.9 Lakh

52% less than the average Management Trainee Salary in Financial Services Companies for 1 - 4 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Data Science & Analytics Management Trainee Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 21 Dec 2023

Companies similar to Muthoot Pappachan Group for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Sales Management Trainee Salary 0 - 2 years exp. (110 salaries)	₹1.5 L/yr - ₹3.5 L/yr 30% less
Aditya Birla Capital Management Trainee Salary 0 - 1 year exp. (73 salaries)	₹8 L/yr - ₹20 L/yr 293% more
Login to view exact salary
American Express Management Trainee Salary 0 - 1 year exp. (71 salaries)	₹13 L/yr - ₹28 L/yr 478% more
HSBC Group Management Trainee Salary 0 - 6 years exp. (35 salaries)	₹10 L/yr - ₹29 L/yr 456% more
Cholamandalam Investment & Finance Management Trainee Salary 0 - 1 year exp. (21 salaries)	₹3.2 L/yr - ₹6.5 L/yr 48% more
Motilal Oswal Financial Services Management Trainee Salary 0 - 4 years exp. (19 salaries)	₹4 L/yr - ₹9.6 L/yr 68% more
Bajaj Finserv Management Trainee Salary 0 - 3 years exp. (17 salaries)	₹6.6 L/yr - ₹19 L/yr 268% more
FactSet Management Trainee Salary 0 - 1 year exp. (17 salaries)	₹3.2 L/yr - ₹9 L/yr 117% more
Shriram Group Management Trainee Salary 0 - 2 years exp. (11 salaries)	₹2 L/yr - ₹6 L/yr 21% less
Citicorp Management Trainee Salary 0 - 2 years exp. (13 salaries)	₹13.4 L/yr - ₹34 L/yr 687% more
IDFC FIRST Bharat Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹8 L/yr - ₹13.9 L/yr 156% more
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Fidelity Investments Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹18 L/yr - ₹22 L/yr 456% more
Aon Management Trainee Salary Fresher (5 salaries)	₹10 L/yr - ₹19.4 L/yr 208% more
JPMorgan Chase & Co. Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5.4 L/yr - ₹13.5 L/yr 202% more
Marsh McLennan Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹10 L/yr - ₹13.3 L/yr 264% more
UBS Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 227% more
RBL FinServe Management Trainee Salary Fresher (4 salaries)	₹10 L/yr - ₹11 L/yr 196% more
BNY Management Trainee Salary Fresher (3 salaries)	₹12.6 L/yr - ₹14 L/yr 286% more
Morgan Stanley Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹8 L/yr - ₹16 L/yr 273% more
Wells Fargo Management Trainee Salary 0 - 9 years exp. (3 salaries)	₹16 L/yr - ₹24 L/yr 450% more

View all

Management Trainee salary at Muthoot Pappachan Group ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Management Trainee salaries

Last Updated: 21 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

Similar Designation salaries in Muthoot Pappachan Group

Finance Executive Salary

(3 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Team Lead Salary

(3 salaries)

₹4.05 L/yr - ₹20.01 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Deputy Manager Salary

(5 salaries)

₹3.15 L/yr - ₹5.55 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Relationship Manager Salary

(7 salaries)

₹2.2 L/yr - ₹3.2 L/yr

Senior Accounts Executive Salary

(4 salaries)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Muthoot Pappachan Group

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Skill development - Good

+2 more

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Promotions - Bad

+1 more

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Company culture - Excellent

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

Skill development - Bad

+2 more

IT Engineer in Thiruvananthapuram

Information Technology Department

1.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

Company is good

Company culture - Good

Dislikes

Very less pay and compensation, except that Orion application team all other team members are good, for biotechnology students they normally give software engineer roles, for M. Tech graduates they use to give support role in non technical side, because their standards are like that, substandard company in technopark trivandrum

Salary - Bad

+4 more

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

Salary - Bad

+5 more

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Salary - Excellent

+6 more

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

see more salary related reviews

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Muthoot Pappachan Group Management Trainee Salary FAQs

What is the salary of Management Trainee at Muthoot Pappachan Group ?

The average salary of a Management Trainee at Muthoot Pappachan Group in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Management Trainee at Muthoot Pappachan Group earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Management Trainee Salaries at Muthoot Pappachan Group 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 4 Muthoot Pappachan Group employees in India.

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

The estimated take-home salary of a Management Trainee at Muthoot Pappachan Group in India typically ranges from ₹25,406 to ₹26,838 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 1 year to 4 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 4 salaries received from various employees of Muthoot Pappachan Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Pappachan Group for Management Trainee in India?

Citicorp	₹13.4 Lakhs to ₹34.0 Lakhs per year
American Express	₹13.0 Lakhs to ₹28.0 Lakhs per year
HSBC Group	₹10.0 Lakhs to ₹29.0 Lakhs per year
Fidelity Investments	₹18.0 Lakhs to ₹22.0 Lakhs per year
Wells Fargo	₹16.0 Lakhs to ₹24.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Pappachan Group, depending on the role and experience level.

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

The salary of a Management Trainee at companies similar to Muthoot Pappachan Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital	₹8.0 Lakhs to ₹20.0 Lakhs per year
BNY	₹12.6 Lakhs to ₹14.0 Lakhs per year
Morgan Stanley	₹8.0 Lakhs to ₹16.0 Lakhs per year
Bajaj Finserv	₹6.6 Lakhs to ₹19.0 Lakhs per year
Marsh McLennan	₹10.0 Lakhs to ₹13.3 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 Muthoot Pappachan Group in India?

The salary growth for a Management Trainee at Muthoot Pappachan Group depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Muthoot Pappachan Group:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹5.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹1.6 Lakhs to ₹4.0 Lakhs per year

and so on.

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Muthoot Pappachan Group Management Trainee Salaries

Muthoot Pappachan Group Management Trainee salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.