TJSB Sahakari Bank Mumbai Management Trainee Salaries by 5 Employees

0 - 3 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Salary of majority employees

46% less than the average Management Trainee Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr
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Sales & Business Development Management Trainee Salary 3 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.3 L/yr

Last Updated: 15 Nov 2023

Companies similar to TJSB Sahakari Bank for Management Trainee in Mumbai

TJSB Sahakari Bank Management Trainee Salary

0 - 3 years exp. (5 salaries)

₹3.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Suryoday Small Finance Bank Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹4 L/yr - ₹8 L/yr 26% more
The Saraswat Co-operative Bank Management Trainee Salary 0 - 3 years exp. (9 salaries)	₹1.5 L/yr - ₹2 L/yr 62% less
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ICICI Bank Management Trainee Salary 0 - 4 years exp. (323 salaries)	₹9 L/yr - ₹20 L/yr 226% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (104 salaries)	₹4 L/yr - ₹13 L/yr 72% more
Unity Small Finance Bank Management Trainee Salary 1 - 6 years exp. (85 salaries)	₹1.2 L/yr - ₹3 L/yr 56% less

Management Trainee salary at TJSB Sahakari Bank ranges between ₹3.5 Lakhs to ₹6 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 TJSB Sahakari Bank.

Experience wise TJSB Sahakari Bank Management Trainee salaries in Mumbai

Last Updated: 15 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in TJSB Sahakari Bank

Accounts Officer Salary

(5 salaries)

₹3.8 L/yr - ₹7 L/yr

Accountant Salary

(3 salaries)

₹2.09 L/yr - ₹3 L/yr

Salary related reviews for TJSB Sahakari Bank

Credit Officer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 Aug 2024

3.0

for Salary and Benefits

Likes

All traditional day celebration As on date there is no extreme level pressure Achievable targets will be given to branch Supporting superiors Priority to your home town Bank performance is good

Dislikes

Average salary, salary will be vary employee to employee Politics in promotion No growth

Promotions - Poor

HR Business Partner in Mumbai

Full Time

Human Resources Department

1.0

• posted on 19 May 2024

1.0

for Salary and Benefits

Likes

Salary on time.

Job security - Excellent

Dislikes

The bank had a good reputation but due to change in management no growth to competent talent has gone into ruins. It seems like the downfall of this bank (which no one wants) has started the time from which a new ringmaster was brought in.

Salary - Bad

+5 more

TJSB BANK LTD in Mumbai Suburban

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 13 Aug 2023

2.0

for Salary and Benefits

Likes

Supportive Staff and Work culture is good, Payroll staff salary is decent , Some Branch ABM AND BM IS very supportive but in branches in very terrible Abm and Bm

Skill development - Excellent

+5 more

Dislikes

Contractual employees ( Outsource Staff) Salary is very poor not increase salary on contractual staff 12k only . 7 year experienced contractual staff salary only 15k

Salary - Poor

Banking Officer in Kalyan / Dombivli

Branch Banking Department

3.0

• posted on 07 Jul 2022

3.0

for Salary and Benefits

Likes

Very good job security even in covid time they give full salary with 50 % attendance. working culture is good very friendly colleagues. This bank is known for its Customer service which is also nice from customer point of view.

Job security - Good

Dislikes

What I don’t like is their promotion policy no proper career growth very less salary too much politics in HR management level now a days they adopt private bank like culture where they put too much pressure on employees for marketing, business, targets etc very rigid marketing policy every day you have to go out to do marketing more than a banker you feel like you are a sales guy.

Skill development - Poor

+2 more

Senior Officer in Thane

BFSI, Investments & Trading Department

3.0

• posted on 25 Feb 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.Managment is transparent.

Job security - Excellent

+2 more

Dislikes

Salary is not at par with Industry standards.Career growth is slow.No policies for employee growth ,work satisfaction and individual development.

Skill development - Poor

+2 more

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Shifting from Bangalore to Hyderabad

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TJSB Sahakari Bank Management Trainee Salary FAQs

What is the salary of Management Trainee at TJSB Sahakari Bank in Mumbai?

The average salary of a Management Trainee at TJSB Sahakari Bank in Mumbai typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee in Mumbai at TJSB Sahakari Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Management Trainee Salaries at TJSB Sahakari 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 5 TJSB Sahakari Bank employees in India.

What is the estimated take home salary of a Management Trainee at TJSB Sahakari Bank in Mumbai?

The estimated take-home salary of a Management Trainee at TJSB Sahakari Bank in Mumbai typically ranges from ₹37,269 to ₹38,475 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 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 TJSB Sahakari Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TJSB Sahakari Bank for Management Trainee in India?

ICICI Bank	₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹13.0 Lakhs per year
Suryoday Small Finance Bank	₹4.0 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to TJSB Sahakari Bank in Mumbai?

The salary of a Management Trainee at companies similar to TJSB Sahakari Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Unity Small Finance Bank	₹1.2 Lakhs to ₹3.0 Lakhs per year
The Saraswat Co-operative Bank	₹1.5 Lakhs to ₹2.0 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 TJSB Sahakari Bank in Mumbai?

The salary growth for a Management Trainee at TJSB Sahakari Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at TJSB Sahakari Bank:

Experience	Average Salary Range
Fresher	₹4.4 Lakhs to ₹5.6 Lakhs per year
1 year	₹4.4 Lakhs to ₹5.7 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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TJSB Sahakari Bank Management Trainee Salaries in Mumbai

TJSB Sahakari Bank Management Trainee salary in Mumbai ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 TJSB Sahakari Bank latest salaries received from various employees of TJSB Sahakari Bank.