Indostar Home Finance Madurai Salaries by Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Senior Collection Officer 5 years exp. · Madurai (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Salary Discussions, Hike & Promotions

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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Salary related reviews for Indostar Home Finance

4.1

Rated by 4 employees for salary & benefits

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Dislikes

Nill

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Indostar Home Finance interview questions by designations

Relationship Manager (3)Head Administrator (1)Management Trainee (1)Sales Manager (1)

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Know more about Indostar Home Finance Madurai

Indostar Home Finance Salary FAQs

How much does Indostar Home Finance pay per year?

The average Indostar Home Finance salary ranges from approximately ₹2.2 Lakhs to ₹2.8 Lakhs per year for a Relationship Officer and ₹13 Lakhs to ₹23 Lakhs per year for a Area Head. Salary estimates are based on 1 Indostar Home Finance salaries received from various employees of Indostar Home Finance. Indostar Home Finance employees rate the overall salary and benefits package 4.1/5 stars.

What is the highest salary in Indostar Home Finance?

The highest-paying job at Indostar Home Finance is a Area Head with a salary of ₹13 Lakhs to ₹23 Lakhs per year. The top 10% of employees earn more than ₹14.55 lakhs per year. The top 1% earn more than a whopping ₹45 lakhs per year.

What is the minimum salary in Indostar Home Finance?

Minimum salary at Indostar Home Finance depends on the role you are applying for. For Relationship Manager the minimum salary is ₹2.4 Lakhs to ₹3.8 Lakhs per year, and for Credit Officer the minimum salary is ₹2.8 Lakhs to ₹3.8 Lakhs per year and so on.

What is the salary package for freshers in Indostar Home Finance?

The average salary at Indostar Home Finance for freshers varies from ₹1.2 Lakh to ₹3.5 Lakhs per year for Relationship Manager and ₹3.5 Lakhs to ₹4.2 Lakhs per year for Management Trainee.

What is the notice period at Indostar Home Finance in Madurai?

According to AmbitionBox, 50% of the Indostar Home Finance employees in Madurai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.