Margadarsi Chit Fund Accountant Salaries by 10 Employees

0 - 11 years exp.

₹1.6 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Accountant Salary in Financial Services Companies for 0 - 11 years of experience

Interested in this particular role?

Last Updated: 15 Jun 2024

Companies similar to Margadarsi Chit Fund for Accountant

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Shriram Chits Accountant Salary 0 - 16 years exp. (20 salaries)	₹2 L/yr - ₹5 L/yr 10% more
Franklin Templeton Investments Accountant Salary 4 - 11 years exp. (16 salaries)	₹4.5 L/yr - ₹10.2 L/yr 177% more	1 job opening
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CSC Accountant Salary 1 - 6 years exp. (14 salaries)	₹5 L/yr - ₹7 L/yr 107% more	1 job opening
Kotak Securities Accountant Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.6 L/yr 2% less
Morningstar Accountant Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹5 L/yr 14% more
Ocwen Financial Solutions Accountant Salary 6 - 9 years exp. (5 salaries)	₹12.5 L/yr - ₹20.6 L/yr 503% more
Pine Labs Accountant Salary 5 - 8 years exp. (5 salaries)	₹7.7 L/yr - ₹14 L/yr 358% more
Macquarie Group Accountant Salary 4 - 13 years exp. (5 salaries)	₹15.3 L/yr - ₹25.2 L/yr 597% more
SBI Cards & Payment Services Accountant Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 10% more
Aadhar Housing Finance Accountant Salary 0 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹4.7 L/yr 28% more
ICICI Home Finance Accountant Salary 2 - 19 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 1% less
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Axis Direct Accountant Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 33% more
Mr Cooper Accountant Salary 2 - 7 years exp. (4 salaries)	₹5.4 L/yr - ₹11 L/yr 213% more
National Stock Exchange of India Accountant Salary 6 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹4.8 L/yr 28% more
Bonanza Portfolio Accountant Salary 3 - 15 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 30% more
SBI Mutual Fund Accountant Salary 0 - 2 years exp. (3 salaries)	₹1.1 L/yr - ₹5 L/yr 2% less

Accountant salary at Margadarsi Chit Fund ranges between ₹1.6 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Margadarsi Chit Fund.

Experience wise Margadarsi Chit Fund Accountant salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.7 L/yr

View all

Similar Designation salaries in Margadarsi Chit Fund

Accounting Staff Salary

(4 salaries)

₹1.6 L/yr - ₹3 L/yr

Account Assistant Salary

(24 salaries)

₹1.45 L/yr - ₹4 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(3 salaries)

₹3.35 L/yr - ₹4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Accountant And Office Administration Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Margadarsi Chit Fund

3.0

Rated by 5 employees for salary & benefits

Office Assistant in Manipal Centre M G ROAD

Full Time

Other Department

3.0

• posted on 03 Nov 2022

2.0

for Salary and Benefits

Likes

Supports by the managers and staffs.there r lot off benifits lyk gratuity, incentives, allowenses etc .overall good.

Job security - Excellent

Dislikes

... working place were we used to sit every single minutes not maintained properly.and the salary is quite less

Salary - Poor

+3 more

Office Assistant in Hyderabad / Secunderabad

Other Department

4.0

• posted on 30 Jun 2022

2.0

for Salary and Benefits

Likes

For the employees of this company ca get lunch for Rs.25/- at Canteen. In this canteen the food will be in healthy.

Skill development - Good

+4 more

Dislikes

...o training session and also waste of thinking about career growth and appraisal. But I like one thing in this company that, we can get salary in time.

Salary - Poor

+1 more

Office Assistant For Legal Department in Bangalore / Bengaluru

Human Resources Department

4.0

• posted on 23 Oct 2019

4.0

for Salary and Benefits

Likes

I'm working here from past 3yrs , got a promotion also, but there no proper hikes in salaries, it's very disappointed me🤣 , work environment is good People can work those dnt have any expectation

Salary - Good

+1 more

Dislikes

Salary hike

Promotions - Poor

+1 more

SOA(Sr Office Assistant) in Hyderabad / Secunderabad

Other Department

3.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

...angana, not gives promotion to Telangana employees who are working in their org. No salary increments also to Telangana employees compare to Andhra employees . Caste feeling also.

Job security - Good

Dislikes

No increments ...

Salary - Bad

+2 more

Senior Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Company and chairman also good actually నేను ఇక్కడ వచ్చిన తరువాతే పెళ్లి చేసుకున్న ఇద్దరు పిల్లలు పుట్టారు ఇప్పుడ లోన్ తీసుకుని ఇల్లు కూడా కట్టుకుంటున్న, ఇలాంటి చిన్న జీతాలతో సర్డుకుపోతు ఎదగటం చాలా నేర్చకున్నాను ఇందుకు నేను కృతజ్ఞతలు తెలుపుతున్నాను

Job security - Good

+2 more

Dislikes

Company and Brand also very good but ఒక్కటి మాత్రం చాలా బాధనిపిస్తుంది ఇక్కడ క్యాస్ట్ చాలా ఇంపర్టెంట్ ఇస్తారు కష్టపడే వాడు ఎదగటం లేదు అది మన ఎండీ గారు గుర్తించాలి ఇది కూడా మీరు గుర్తిస్తే చాలా మంది ఆనందిస్తారు ఏళ్లతరబడి జీతాలు కానీ ప్రమోషన్ కానీ రావటం లేదు but నిత్యావసరాల ధరలు మాత్రం పెరిగిపోతున్నాయి , సాలరీ మీద డిపెండ్ అయ్యే వాడికి మాత్రమే తెలుస్తాయి సిటీ లో కర్చులు

Salary - Poor

+1 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Margadarsi Chit Fund Accountant Salary FAQs

What is the salary of Accountant at Margadarsi Chit Fund ?

The average salary of a Accountant at Margadarsi Chit Fund in India typically ranges from ₹1.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Accountant at Margadarsi Chit Fund earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Accountant Salaries at Margadarsi Chit Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Margadarsi Chit Fund employees in India.

What is the estimated take home salary of a Accountant at Margadarsi Chit Fund in India?

The estimated take-home salary of a Accountant at Margadarsi Chit Fund in India typically ranges from ₹19,769 to ₹21,436 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Margadarsi Chit Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Margadarsi Chit Fund for Accountant in India?

Macquarie Group	₹15.3 Lakhs to ₹25.2 Lakhs per year
Ocwen Financial Solutions	₹12.5 Lakhs to ₹20.6 Lakhs per year
Pine Labs	₹7.7 Lakhs to ₹14.0 Lakhs per year
Mr Cooper	₹5.4 Lakhs to ₹11.0 Lakhs per year
Franklin Templeton Investments	₹4.5 Lakhs to ₹10.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Margadarsi Chit Fund, depending on the role and experience level.

What is the salary of a Accountant in companies similar to Margadarsi Chit Fund in India?

The salary of a Accountant at companies similar to Margadarsi Chit Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CSC	₹5.0 Lakhs to ₹7.0 Lakhs per year
Axis Direct	₹3.0 Lakhs to ₹4.2 Lakhs per year
Bonanza Portfolio	₹3.2 Lakhs to ₹3.9 Lakhs per year
Aadhar Housing Finance	₹3.3 Lakhs to ₹4.7 Lakhs per year
National Stock Exchange of India	₹3.2 Lakhs to ₹4.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Accountant at Margadarsi Chit Fund in India?

The salary growth for a Accountant at Margadarsi Chit Fund depends on factors such as experience, performance, and promotions. On average, a Accountant can expect the following growth trajectory at Margadarsi Chit Fund:

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹4.3 Lakhs per year
1 year	₹1.6 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.6 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.3 Lakhs to ₹4.7 Lakhs per year

and so on.

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Margadarsi Chit Fund Accountant Salaries

Margadarsi Chit Fund Accountant salary in India ranges between ₹1.6 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Margadarsi Chit Fund latest salaries received from various employees of Margadarsi Chit Fund.