How much does a Management Trainee make in Mumbai, India?

Updated 16 Jun 2021
₹714K /yr
Average Base Pay

837 salaries

₹303K

Low

₹714K

Average

₹1,624K

High

Additional Cash Compensation
Average₹ 2,02,022Range₹ 26,607 - ₹ 4,78,093
The average salary for a Management Trainee is ₹7,13,645 in Mumbai, India. Salaries estimates are based on 837 salaries submitted anonymously to Glassdoor by Management Trainee employees in Mumbai, India.

Seniority Levels

L1
Manager Trainee₹ 16,870 /mo
L2
Manager₹1,300K /yr
L3
Senior Manager₹1,650K /yr
Career Path

Salaries in Mumbai, India

Location

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Average Base Salary in (INR)

Range

ICICI Bank
3.6

ICICI Bank

Management Trainee

₹ 12,18,244

 /yr
Range: ₹134K - ₹1,808K
74 salaries
See 112 salaries from all locations

₹134K

₹1,808K

₹ 1,34,210 - ₹ 18,07,546 Range

HDFC Standard Life Insurance
3.7

HDFC Standard Life Insurance

Management Trainee

₹ 9,16,055

 /yr
Range: ₹633K - ₹1,379K

₹633K

₹1,379K

₹ 6,32,641 - ₹ 13,79,080 Range

CRISIL
3.8

CRISIL

Management Trainee

₹ 8,07,747

 /yr
Range: ₹647K - ₹1,255K

₹647K

₹1,255K

₹ 6,46,916 - ₹ 12,54,637 Range

State Bank of India
3.8

State Bank of India

Management Trainee

₹ 7,82,893

 /yr
Range: ₹532K - ₹1,164K

₹532K

₹1,164K

₹ 5,31,902 - ₹ 11,64,153 Range

Reliance Industries
3.8

Reliance Industries

Management Trainee

₹ 16,50,368

 /yr
Range: ₹606K - ₹2,175K

₹606K

₹2,175K

₹ 6,06,189 - ₹ 21,74,703 Range

Anand Rathi
3.5

Anand Rathi

Management Trainee

₹ 12,20,294

 /yr
Range: ₹629K - ₹1,606K

₹629K

₹1,606K

₹ 6,28,830 - ₹ 16,05,935 Range

ICICI Prudential Life Insurance
3.7

ICICI Prudential Life Insurance

Management Trainee

₹ 6,79,936

 /yr
Range: ₹533K - ₹1,370K

₹533K

₹1,370K

₹ 5,32,982 - ₹ 13,69,892 Range

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Bharat Petroleum
3.9

Bharat Petroleum

Management Trainee - Monthly

₹ 65,566

 /mo
Range: ₹17K - ₹157K

₹17K

₹157K

₹ 17,478 - ₹ 1,57,251 Range

Unilever
4.2

Unilever

Management Trainee

₹ 23,03,519

 /yr
Range: ₹1,156K - ₹2,880K

₹1,156K

₹2,880K

₹ 11,55,655 - ₹ 28,80,402 Range

RBL Bank
3.7

RBL Bank

Management Trainee

₹ 12,98,331

 /yr
Range: ₹1,075K - ₹1,367K

₹1,075K

₹1,367K

₹ 10,75,490 - ₹ 13,66,957 Range

Pidilite
4.3

Pidilite

Management Trainee

₹ 17,02,666

 /yr
Range: ₹1,356K - ₹2,040K

₹1,356K

₹2,040K

₹ 13,55,660 - ₹ 20,40,114 Range

HDFC Bank
3.6

HDFC Bank

Management Trainee

₹ 7,60,146

 /yr
Range: ₹731K - ₹1,004K

₹731K

₹1,004K

₹ 7,30,946 - ₹ 10,03,709 Range

Tata Consultancy Services
3.9

Tata Consultancy Services

Management Trainee

₹ 3,75,489

 /yr
Range: ₹121K - ₹746K

₹121K

₹746K

₹ 1,20,910 - ₹ 7,45,613 Range

Kotak Life
3.4

Kotak Life

Management Trainee

₹ 6,57,643

 /yr
Range: ₹350K - ₹691K

₹350K

₹691K

₹ 3,50,000 - ₹ 6,91,297 Range

IDEA Cellular
4.1

IDEA Cellular

Management Trainee

₹ 14,34,857

 /yr
Range: ₹860K - ₹1,570K

₹860K

₹1,570K

₹ 8,59,567 - ₹ 15,70,183 Range

State Bank of India
3.8

State Bank of India

Management Trainee - Contractor

₹ 8,14,907

 /yr
Range: ₹753K - ₹1,164K

₹753K

₹1,164K

₹ 7,53,300 - ₹ 11,64,153 Range

Hdfc
3.8

Hdfc

Management Trainee

₹ 7,54,544

 /yr
Range: ₹218K - ₹917K

₹218K

₹917K

₹ 2,18,098 - ₹ 9,16,987 Range

LTI
3.7

LTI

Management Trainee

₹ 5,72,290

 /yr
Range: ₹180K - ₹849K

₹180K

₹849K

₹ 1,80,000 - ₹ 8,48,665 Range

Vodafone
4

Vodafone

Management Trainee

₹ 18,64,202

 /yr
Range: ₹552K - ₹2,610K

₹552K

₹2,610K

₹ 5,51,632 - ₹ 26,09,645 Range

Indiabulls
3.2

Indiabulls

Management Trainee

₹ 6,60,670

 /yr
Range: ₹302K - ₹1,872K

₹302K

₹1,872K

₹ 3,02,275 - ₹ 18,71,897 Range

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Recent Salary Reports

Below are the most recent management trainee salary reports. Employer name has been removed to protect anonymity.

₹18,00,000
per year
A Management Trainee reported making ₹18,00,000 per year
Job Highlights
1-2 years experience
Full-time
 
10000+ employees
Company - Public
₹18,00,000
per year
A Management Trainee reported making ₹18,00,000 per year
Job Highlights
1-2 years experience
Full-time
 
10000+ employees
Company - Public
₹2,15,228
per year
A Management Trainee reported making ₹2,15,228 per year
Job Highlights
1-2 years experience
Intern
 
1001 to 5000 employees
Subsidiary or Business Segment
₹7,00,000
per year
A Management Trainee reported making ₹7,00,000 per year
Additional Pay
₹70k cash bonus
Job Highlights
Full-time
1001 to 5000 employees
 
Company - Public
₹5,50,000
per year
A Management Trainee reported making ₹5,50,000 per year
Job Highlights
Full-time
5001 to 10000 employees
 
Company - Private
₹25,00,000
per year
A Management Trainee reported making ₹25,00,000 per year
Job Highlights
Full-time
10000+ employees
 
Company - Public
₹16,50,000
per year
A Management Trainee reported making ₹16,50,000 per year
Job Highlights
1-2 years experience
Full-time
 
10000+ employees
Company - Public
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