Magnet Factoring Services Salaries by 10 Employees (Updated 2025)

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Collection Supervisor 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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Recovery Officer 2 - 6 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Back Office Computer Operator 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Senior Executive 1 year exp. (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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Sales 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Field Officer 10 - 12 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magnet Factoring Services Salary FAQs

What is the minimum salary in Magnet Factoring Services?

Minimum salary at Magnet Factoring Services depends on the role you are applying for. For Senior Executive the minimum salary is ₹0.2 Lakh to ₹0.2 Lakh per year, and for Back Office Computer Operator the minimum salary is ₹2.2 Lakhs to ₹2.8 Lakhs per year and so on.

What is the notice period at Magnet Factoring Services?

According to AmbitionBox, 60% of the Magnet Factoring Services employees reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Magnet Factoring Services BFSI, Investments & Trading Salaries

Average annual salary in Magnet Factoring Services is INR . Salary estimates are based on 10 Magnet Factoring Services latest salaries received from various employees of Magnet Factoring Services.