Margadarsi Chit Fund Recovery Assistant Salaries by 2 Employees

4 - 5 years exp.

₹3.7 Lakhs - ₹4.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 6 Dec 2024

Companies similar to Margadarsi Chit Fund for Recovery Assistant

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Assistant Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 53% less
Bajaj Finserv Recovery Assistant Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3.9 L/yr 31% less
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Ahalia Finforex Recovery Assistant Salary 0 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 52% less

Recovery Assistant salary at Margadarsi Chit Fund ranges between ₹3.7 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Margadarsi Chit Fund.

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Salary related reviews for Margadarsi Chit Fund

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

Office Assistant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 16 Mar 2025

1.0

for Salary and Benefits

Likes

Colleagues here are very co operating

Job security - Good

+1 more

Dislikes

Mainly salaries are very lower compared to cost of living in city like hyderabad. Promotions here will come very lately As this company has 6 working days a week there is no work life balance also there are no leaves for important festivals. There is very less scope for skill development as here they only give one work, anyone can do that work there is no development of skill in it. Because of this work satisfaction automatically reduces

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Margadarsi Chit Fund Recovery Assistant Salary FAQs

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

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

Experience	Average Salary Range
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Margadarsi Chit Fund Recovery Assistant Salaries

Margadarsi Chit Fund Recovery Assistant salary in India ranges between ₹3.7 Lakhs to ₹4.7 Lakhs. This is an estimate based on latest salaries received from employees of Margadarsi Chit Fund.