Magalir Micro Capital Salaries by 50+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Executive Accountant 0 - 3 years exp. (8 salaries)	₹1.2 L/yr - ₹2.5 L/yr
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Branch Manager 4 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Accounts & Finance Manager 10 - 14 years exp. (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr
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IT Executive 0 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹2 L/yr
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Regional Head 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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Relationship Officer 3 - 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Finance Executive 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Area Manager 4 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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Regional Audit Manager 11 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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HR Executive Recruiter 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Business Executive 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Cluster Head 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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Telecalling Executive Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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Regional Business Manager 14 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Senior IT Executive 2 years exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Assistant Company Secretary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Assistant Branch Manager 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Audit Executive 1 year exp. (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
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Head Finance & Accounts 14 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Loan Officer 10 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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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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Salary related reviews for Magalir Micro Capital

2.6

Rated by 20 employees for salary & benefits

Field Officer in Theni

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and team management. Sales and collection regular collection clear collect to for 100%.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not to new joinees

IT Executive in Tirunelveli

Other Department

4.0

• posted on 04 Oct 2020

2.0

for Salary and Benefits

Likes

Good work Environment. Teammates are supportive and encourage on every time.

Dislikes

There is a lot of politics and the management doesn't address our issues. And they forced to come to do work on pandemic COVID-19 time. On that situation there is no transportation available to going to office. And they forced to me to come office unless resign your job and asking to me to give resignation letter, That, I resign this job for personal problems. What a silly type of things they do. I did not like these management on Tirunelveli H.O .

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Magalir Micro Capital Salary FAQs

How much does Magalir Micro Capital pay per year?

The average Magalir Micro Capital salary ranges from approximately ₹1.2 Lakh to ₹2.5 Lakhs per year for a Executive Accountant and ₹2.5 Lakhs to ₹4.5 Lakhs per year for a Branch Manager. Salary estimates are based on 53 Magalir Micro Capital salaries received from various employees of Magalir Micro Capital. Magalir Micro Capital employees rate the overall salary and benefits package 2.6/5 stars.

What is the highest salary in Magalir Micro Capital?

The highest-paying job at Magalir Micro Capital is a Branch Manager with a salary of ₹2.5 Lakhs to ₹4.5 Lakhs per year. The top 10% of employees earn more than ₹4.50 lakhs per year. The top 1% earn more than a whopping ₹39.06 lakhs per year.

What is the minimum salary in Magalir Micro Capital?

Minimum salary at Magalir Micro Capital depends on the role you are applying for. For Finance Executive the minimum salary is ₹1.4 Lakh to ₹1.7 Lakh per year, and for IT Executive the minimum salary is ₹1.1 Lakh to ₹2 Lakhs per year and so on.

What is the notice period at Magalir Micro Capital?

According to AmbitionBox, 43% of the Magalir Micro Capital employees reported a notice period of 1 Month, 39% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

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Magalir Micro Capital Salaries by Location

Magalir Micro Capital Salaries by Department

Average annual salary in Magalir Micro Capital is INR . Salary estimates are based on 53 Magalir Micro Capital latest salaries received from various employees of Magalir Micro Capital.