Management Trainee Amount per month Amount per annum

Annual Base 23,333 280,000

Annual Other Allowance 36,773 441,280
Medical 1,250 15,000
Conveyance 1,600 19,200
Provident Fund 2,800 33,600
Lunch Allowance 910 10,920
Gross Salary (A) 66,667 800,000
HRA (City Class III)^(B) 2,000 24,000
Medi-claim* (C) 1,333 16,000
Gratuity** (D) 1,122 13,468
Bonus^^ 167,200
CTC (A+B+C+D) 4,456 1,020,668
Loan Benefits*** Benefit
Housing Loan (Slab 1) Rs. 17 Lacs @2.5% 130,050
Housing Loan (Slab 2) Rs. 8 Lacs @ 5% 41,200
Vehicle Loan Rs. 4 Lacs@ 3% 40,000
Personal Loan Rs. 1 Lac @ 5% 10,000
Loan Benefits (E) 221,250
Total CTC (A+B+C+D+E) 71,122 1,241,918
^^Bonus will be based on the performance of an individual. The number quoted here is as per trend of bonus rewarded in pas
* Premium paid towards hospitalization contribution for coverage up to Rs. 2 Lacs per annum
** Gratuity: Annual contribution - Eligible post completion of five years of service
*** Loan Benefits can be availed post confirmation
^ City allowance - as per the city of placement
City Class I City Class II City Class III City Class IV
42,000 33,000 24,000 18,000
per trend of bonus rewarded in past few years at rating of EC

City Class V
15,000