The Saraswat Co-operative Bank Management Trainee Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹1.5 Lakh - ₹2.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

74% less than the average Management Trainee Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.8 L/yr - ₹2 L/yr
BFSI, Investments & Trading Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr
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Finance & Accounting Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 14 Mar 2025

Companies similar to The Saraswat Co-operative Bank for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Management Trainee Salary 0 - 3 years exp. (911 salaries)	₹8 L/yr - ₹21 L/yr 741% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (488 salaries)	₹4 L/yr - ₹13 L/yr 335% more
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RBL Bank Management Trainee Salary 0 - 4 years exp. (119 salaries)	₹9 L/yr - ₹14 L/yr 490% more
IndusInd Bank Management Trainee Salary 0 - 2 years exp. (95 salaries)	₹3 L/yr - ₹10.3 L/yr 250% more	36 job openings
Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (88 salaries)	₹7 L/yr - ₹20 L/yr 545% more
IDFC FIRST Bank Management Trainee Salary 0 - 2 years exp. (81 salaries)	₹5 L/yr - ₹15 L/yr 366% more
Axis Bank Management Trainee Salary 0 - 3 years exp. (46 salaries)	₹8.6 L/yr - ₹25.4 L/yr 640% more
Ujjivan Small Finance Bank Management Trainee Salary 0 - 1 year exp. (46 salaries)	₹4 L/yr - ₹12 L/yr 341% more
Bandhan Bank Management Trainee Salary 0 - 2 years exp. (24 salaries)	₹3 L/yr - ₹10 L/yr 240% more
Federal Bank Management Trainee Salary 0 - 5 years exp. (11 salaries)	₹9.4 L/yr - ₹12 L/yr 445% more
Jana Small Finance Bank Management Trainee Salary 0 - 3 years exp. (11 salaries)	₹6 L/yr - ₹10 L/yr 377% more
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Yes Bank Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹6.4 L/yr - ₹8.3 L/yr 282% more
HSBC Global Banking and Markets Management Trainee Salary Fresher (5 salaries)	₹10 L/yr - ₹18 L/yr 518% more
Utkarsh Small Finance Bank Management Trainee Salary 0 - 4 years exp. (5 salaries)	₹9.8 L/yr - ₹12.8 L/yr 516% more
IDBI Bank Management Trainee Salary Fresher (4 salaries)	₹10 L/yr - ₹15 L/yr 451% more

Management Trainee salary at The Saraswat Co-operative Bank ranges between ₹1.5 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 14 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Management Trainee

2d ago

₹2 Lakhs

2 months exp.

2mo ago

₹2.2 Lakhs

2 years exp.

6mo ago

₹2 Lakhs

1 year exp.

6mo ago

₹1.8 Lakh

3 months exp.

7mo ago

₹1.8 Lakh

1 year exp.

1y ago

3 months exp.

1y ago

1 year exp.

1y ago

1 year exp.

2y ago

5 months exp.

2y ago

2 months exp.

Experience wise The Saraswat Co-operative Bank Management Trainee salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹1.5 L/yr - ₹2 L/yr
1 year (4 salaries)	₹1.8 L/yr - ₹2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr

Similar Designation salaries in The Saraswat Co-operative Bank

Accountant Salary

(3 salaries)

₹1.8 L/yr - ₹8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.4 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(368 salaries)

₹3.8 L/yr - ₹11 L/yr

Account Assistant Salary

(3 salaries)

₹0.9 L/yr - ₹10 L/yr

Relationship Manager Salary

(7 salaries)

₹6.5 L/yr - ₹9.68 L/yr

Salary related reviews for The Saraswat Co-operative Bank

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Jalgaon

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

Skill development - Good

+5 more

Dislikes

Salary hike is low as compared to public sector bank.

Manager in Mumbai

Full Time

Other Department

4.0

• posted on 26 Jul 2024

3.0

for Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

Skill development - Good

+3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

Junior Officer in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 10 Jun 2024

3.0

for Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

Job security - Good

+1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

Business Development Officer in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

Salary - Bad

+6 more

Business Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 05 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing special...

Dislikes

...ty Politics Unorganized and Toxic Work Culture Favouritism No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing..

Salary - Bad

+6 more

see more salary related reviews

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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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The Saraswat Co-operative Bank Management Trainee Salary FAQs

What is the salary of Management Trainee at The Saraswat Co-operative Bank ?

The average salary of a Management Trainee at The Saraswat Co-operative Bank in India typically ranges from ₹1.5 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at The Saraswat Co-operative Bank earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Management Trainee Salaries at The Saraswat Co-operative Bank 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 10+ The Saraswat Co-operative Bank employees in India.

What is the estimated take home salary of a Management Trainee at The Saraswat Co-operative Bank in India?

The estimated take-home salary of a Management Trainee at The Saraswat Co-operative Bank in India typically ranges from ₹13,204 to ₹14,616 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.2 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 10+ salaries received from various employees of The Saraswat Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Saraswat Co-operative Bank for Management Trainee in India?

ICICI Bank	₹8.0 Lakhs to ₹21.0 Lakhs per year
Axis Bank	₹8.6 Lakhs to ₹25.4 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹20.0 Lakhs per year
HSBC Global Banking and Markets	₹10.0 Lakhs to ₹18.0 Lakhs per year
Utkarsh Small Finance Bank	₹9.8 Lakhs to ₹12.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Saraswat Co-operative Bank, depending on the role and experience level.

What is the salary of a Management Trainee in companies similar to The Saraswat Co-operative Bank in India?

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

RBL Bank	₹9.0 Lakhs to ₹14.0 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹15.0 Lakhs per year
Federal Bank	₹9.4 Lakhs to ₹12.0 Lakhs per year
Jana Small Finance Bank	₹6.0 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank	₹5.0 Lakhs to ₹15.0 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 The Saraswat Co-operative Bank in India?

The salary growth for a Management Trainee at The Saraswat Co-operative Bank depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at The Saraswat Co-operative Bank:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.2 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.2 Lakhs per year

and so on.

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The Saraswat Co-operative Bank Management Trainee Salaries

The Saraswat Co-operative Bank Management Trainee salary in India ranges between ₹1.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.