Poonawalla Fincorp Management Trainee Salaries by 30+ Employees

0 - 1 year exp.

₹5 Lakhs - ₹7.2 Lakhs

Salary of majority employees

19% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹6 L/yr - ₹7.2 L/yr
Finance & Accounting Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹6 L/yr - ₹7.2 L/yr
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Marketing & Communication Management Trainee Salary Fresher (3 salaries)	₹5 L/yr - ₹6 L/yr
BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.9 L/yr - ₹6 L/yr

Last Updated: 4 Sep 2024

Companies similar to Poonawalla Fincorp for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Management Trainee Salary 0 - 2 years exp. (225 salaries)	₹2.1 L/yr - ₹3.5 L/yr 48% less	2 job openings
Sammaan Capital Limited Management Trainee Salary 0 - 2 years exp. (70 salaries)	₹3 L/yr - ₹7 L/yr 8% less	1 job opening
Login to view exact salary
IIFL Finance Management Trainee Salary 0 - 2 years exp. (57 salaries)	₹17 L/yr - ₹30 L/yr 188% more
TVS Credit Management Trainee Salary 0 - 2 years exp. (46 salaries)	₹7 L/yr - ₹13.5 L/yr 113% more
Mahindra Finance Management Trainee Salary 0 - 4 years exp. (32 salaries)	₹4 L/yr - ₹10.4 L/yr 26% more
PNB Housing Finance Management Trainee Salary 0 - 1 year exp. (16 salaries)	₹4 L/yr - ₹6 L/yr 10% less
Aavas Financiers Management Trainee Salary 0 - 2 years exp. (16 salaries)	₹3.6 L/yr - ₹7.5 L/yr 15% less
Electronica Finance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹2.5 L/yr - ₹5.6 L/yr 30% less
Ugro Capital Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹4 L/yr - ₹8 L/yr 6% more
Muthoot Finance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 35% less
Muthoot Fincorp Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹2.4 L/yr - ₹4.9 L/yr 37% less
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Spandana Sphoorty Financial Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹4.8 L/yr - ₹10 L/yr 47% more
L&T Finance Management Trainee Salary 0 - 3 years exp. (9 salaries)	₹3.6 L/yr - ₹11 L/yr 34% more
Bharat Financial Inclusion Management Trainee Salary Fresher (8 salaries)	₹6.8 L/yr - ₹7.5 L/yr 23% more
Sundaram Finance Management Trainee Salary Fresher (6 salaries)	₹3 L/yr - ₹7 L/yr 16% less
Mahindra Rural Housing Finance Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 36% less
Ess Kay Fincorp Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.6 L/yr 67% less
CreditAccess Grameen Management Trainee Salary Fresher (5 salaries)	₹3.5 L/yr - ₹7 L/yr 6% less
Satin Creditcare Network Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹3.3 L/yr - ₹9 L/yr 15% less
Kotak Mahindra Prime Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 103% more

View all

Management Trainee salary at Poonawalla Fincorp ranges between ₹5 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 32 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Management Trainee salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
Fresher (24 salaries)	₹5 L/yr - ₹7.2 L/yr
Login to view exact salary
1 year (8 salaries)	₹5 L/yr - ₹7.2 L/yr

Similar Designation salaries in Poonawalla Fincorp

Finance Executive Salary

(14 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Accountant Salary

(6 salaries)

₹4 L/yr - ₹5.9 L/yr

Team Lead Salary

(23 salaries)

₹2 L/yr - ₹5.7 L/yr

Financial Analyst Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Accounts Officer Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Senior Associate Salary

(4 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(98 salaries)

₹4.4 L/yr - ₹11.6 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Poonawalla Fincorp

4.4

Rated by 7 employees for salary & benefits

Financial Analyst in Bihar

Other Department

5.0

• posted on 26 Dec 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Salary - Good

+6 more

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Business Analyst in Pune

Full Time

IT & Information Security Department

3.0

• posted on 07 Feb 2025

4.0

for Salary and Benefits

Likes

Good salary and job security

Salary - Good

+1 more

Dislikes

Too much favouritism, nothing to learn, only manager's favourite females recieve good increment, here you are not judged basis on skills but on faces and personal relationship.

Skill development - Bad

+3 more

Senior Manager in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jan 2025

3.0

for Salary and Benefits

Likes

only infra structure which looks great.

Job security - Good

Dislikes

...om home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared to work done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues

Skill development - Bad

+3 more

Business Analyst in Pune

Full Time

Product Management Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee.

Dislikes

Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.

Promotions - Poor

+2 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Poonawalla Fincorp Management Trainee Salary FAQs

What is the salary of Management Trainee at Poonawalla Fincorp ?

The average salary of a Management Trainee at Poonawalla Fincorp in India typically ranges from ₹5.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Poonawalla Fincorp earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Management Trainee Salaries at Poonawalla Fincorp 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 30+ Poonawalla Fincorp employees in India.

What is the estimated take home salary of a Management Trainee at Poonawalla Fincorp in India?

The estimated take-home salary of a Management Trainee at Poonawalla Fincorp in India typically ranges from ₹45,122 to ₹46,211 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Poonawalla Fincorp for Management Trainee in India?

IIFL Finance	₹17.0 Lakhs to ₹30.0 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
Manappuram Finance	₹7.4 Lakhs to ₹15.0 Lakhs per year
Spandana Sphoorty Financial	₹4.8 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Poonawalla Fincorp in India?

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

L&T Finance	₹3.6 Lakhs to ₹11.0 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹10.4 Lakhs per year
Bharat Financial Inclusion	₹6.8 Lakhs to ₹7.5 Lakhs per year
Ugro Capital	₹4.0 Lakhs to ₹8.0 Lakhs per year
CreditAccess Grameen	₹3.5 Lakhs to ₹7.0 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 Poonawalla Fincorp in India?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹7.2 Lakhs per year
1 year	₹5.0 Lakhs to ₹7.2 Lakhs per year

and so on.

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Poonawalla Fincorp Management Trainee Salaries by Location

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Poonawalla Fincorp Management Trainee Salaries

Poonawalla Fincorp Management Trainee salary in India ranges between ₹5 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.

Poonawalla Fincorp Management Trainee salaries in India

Companies similar to Poonawalla Fincorp for Management Trainee

Latest annual salaries shared by Poonawalla Fincorp Management Trainee

Experience wise Poonawalla Fincorp Management Trainee salaries

Similar Designation salaries in Poonawalla Fincorp

Salary related reviews for Poonawalla Fincorp

Financial Analyst in Bihar

Deputy Manager in Begusarai

Business Analyst in Pune

Senior Manager in Pune

Business Analyst in Pune

Poonawalla Fincorp Management Trainee Salary FAQs

Tell us how to improve this page.

Poonawalla Fincorp Management Trainee Salaries by Location