Envoy Mortgage Process Associate L1 Salaries by 4 Employees (Updated 2024)

1 - 2 years exp.

₹2.2 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Process Associate L1 Salary in Financial Services Companies for 1 - 2 years of experience

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Last Updated: 3 May 2024

Companies similar to Envoy Mortgage for Process Associate L1

Company name	Avg Annual Salary	Open Jobs
Genpact Process Associate L1 Salary 0 - 5 years exp. (221 salaries)	₹1.2 L/yr - ₹6 L/yr 39% more
AGS Health Process Associate L1 Salary 1 - 6 years exp. (180 salaries)	₹1.9 L/yr - ₹5.8 L/yr 50% more
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TCS Process Associate L1 Salary 1 - 6 years exp. (149 salaries)	₹2 L/yr - ₹3.9 L/yr 18% more
AGS Healthcare Process Associate L1 Salary 2 - 6 years exp. (50 salaries)	₹2 L/yr - ₹6 L/yr 64% more
Capgemini Process Associate L1 Salary 1 - 5 years exp. (31 salaries)	₹2.1 L/yr - ₹4.2 L/yr 30% more

Process Associate L1 salary at Envoy Mortgage ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Envoy Mortgage.

Experience wise Envoy Mortgage Process Associate L1 salaries

Last Updated: 3 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.2 L/yr

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Salary related reviews for Envoy Mortgage

Process Associate in Mangaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 May 2024

1.0

for Salary and Benefits

Likes

... of old aged perverts in the management. They don't respect talent and hardwork. No ethics at all, very low salary and they expect you to work overtime for the same pay. You'll find old ugly men who look at women with thirst.

Dislikes

Worst HR, they fire people without prior notice and then they say he/she wasn't productive. This company will shut soon. There are hardly any employees PLEASE AVOID THIS COMPANY OR ELSE YOU'LL REGRET FOR YOUR LIFETIME!!

Process Associate in Mangaluru

Full Time

Teaching & Training Department

1.0

• posted on 10 Sep 2019

1.0

for Salary and Benefits

Likes

I liked my team on floor and my trainers.

Dislikes

...ience. I was abused by my HR(used profanity) just because I wanted to resign. Unnecessary deductions from my salary. I would like to share the explanation they gave me on salary deductions, 1) We get paid only 90% of our CTC. Remaining 10% for the “ company for employing the employee”!! 2) In which 6% goes for PF , 6% “for the tables, chairs, systems and electricity provided for the employee”. 3) then ₹300-₹400 for basic govt deductions. Also, the employee gets paid only for 90% of CTC but in case of emergency if the employee takes a leave, then LOP(Loss of pay) is calculated on 100% of CTC along with LOAA which is an extra ₹750 for informing late. Also DO NOT MISTAKE THIS COMPANY AS AN MNC BECAUSE ITS NO WHERE CLOSE TO ONE.

Team Lead Operations in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 16 Mar 2018

3.0

for Salary and Benefits

Likes

Envoy is a very good company to work with. The company definitely value if you have the right talent.

Dislikes

Recreation facility should be there. All big company has it and I believe if some sort of mind refreshing things are there at the work place then it will definitely improved the quality of work

Senior Process Associate in Bangalore / Bengaluru

Insurance Department

3.0

• posted on 17 Sep 2018

3.0

for Salary and Benefits

Likes

The company is good and I blame only management in it, they are horrible people, felt like I was working on a family owned business with no corporate ethics and they use cheap tricks to get rid of employees also, they were only worried about the cost and never thought about the carrier of 100 of people. About job security I will never recommend any one to join this organization, the corporate value only on the walls!

Dislikes

No proper recognition, no appraisal, no proper training, over all there is no knowledge enhancement program and they were no trainers

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Envoy Mortgage Process Associate L1 Salary FAQs

What is the salary of Process Associate L1 at Envoy Mortgage?

Process Associate L1 salary at Envoy Mortgage in India ranges between ₹2.2 Lakhs to ₹3.2 Lakhs for experience between 1 years to 2 years. According to our estimates it is 21% less than the average Process Associate L1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Envoy Mortgage India.

How does the salary of a Process Associate L1 at Envoy Mortgage India compare with the average salary range for this job?

The average salary of a Process Associate L1 at Envoy Mortgage is 21% less than the average salary of a Process Associate L1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Envoy Mortgage to a Process Associate L1 in India?

AGS Healthcare Process Associate L1 Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
AGS Health Process Associate L1 Salary - ₹1.9 Lakhs to ₹5.8 Lakhs per year
Genpact Process Associate L1 Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year
Capgemini Process Associate L1 Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
TCS Process Associate L1 Salary - ₹2.0 Lakhs to ₹3.9 Lakhs per year

What is the estimated take home salary of a Process Associate L1 at Envoy Mortgage in India?

The estimated take-home salary of a Process Associate L1 at Envoy Mortgage ranges between ₹16,926 per month to ₹18,635 per month in India. The take-home salary calculation is based on the average Envoy Mortgage Process Associate L1 salary in India which ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Process Associate L1 at Envoy Mortgage?

According to AmbitionBox, 40% of the Envoy Mortgage Process Associate L1s reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Envoy Mortgage Process Associate L1 Salaries

Envoy Mortgage Process Associate L1 salary in India ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Envoy Mortgage latest salaries received from various employees of Envoy Mortgage.