Margadarsi Chit Fund Recovery Officer Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹1.2 Lakh - ₹3.1 Lakhs

Salary of majority employees

23% less than the average Recovery Officer Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Officer Salary 1 - 6 years exp. (6 salaries)	₹1.9 L/yr - ₹2.4 L/yr
Customer Success, Service & Operations Recovery Officer Salary 1 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3.1 L/yr
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Sales & Business Development Recovery Officer Salary 1 - 7 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr
Finance & Accounting Recovery Officer Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.1 L/yr

Last Updated: 5 Nov 2024

Companies similar to Margadarsi Chit Fund for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Recovery Officer Salary 1 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹4.2 L/yr 47% more
Shriram Chits Recovery Officer Salary 5 - 12 years exp. (4 salaries)	₹2.1 L/yr - ₹2.4 L/yr 10% more
Login to view exact salary
Mashreq Global Services Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹5 L/yr - ₹5.6 L/yr 152% more	1 job opening
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 29% more
Bajaj Finserv Recovery Officer Salary 1 - 6 years exp. (49 salaries)	₹1.4 L/yr - ₹4 L/yr 39% more

Recovery Officer salary at Margadarsi Chit Fund ranges between ₹1.2 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 31 latest salaries received from various employees of Margadarsi Chit Fund.

Experience wise Margadarsi Chit Fund Recovery Officer salaries

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
1 year (6 salaries)	₹1.4 L/yr - ₹3.1 L/yr
2 years (8 salaries)	₹0.8 L/yr - ₹3.1 L/yr
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3 years (6 salaries)	₹1.4 L/yr - ₹2.8 L/yr
4 years (4 salaries)	₹1.2 L/yr - ₹2.8 L/yr
5 years (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Margadarsi Chit Fund

Sales Officer Salary

(5 salaries)

₹1.6 L/yr - ₹6 L/yr

Collection Officer Salary

(4 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Deputy Manager Salary

(3 salaries)

₹3.35 L/yr - ₹4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Branch Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Accountant Salary

(10 salaries)

₹1.56 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Account Assistant Salary

(24 salaries)

₹1.45 L/yr - ₹3.5 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Margadarsi Chit Fund

3.0

Rated by 9 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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Margadarsi Chit Fund Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Margadarsi Chit Fund?

Recovery Officer salary at Margadarsi Chit Fund in India ranges between ₹1.2 Lakhs to ₹3.1 Lakhs for experience between 1 years to 7 years. According to our estimates it is 23% less than the average Recovery Officer Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Margadarsi Chit Fund India.

How does the salary of a Recovery Officer at Margadarsi Chit Fund India compare with the average salary range for this job?

The average salary of a Recovery Officer at Margadarsi Chit Fund is 23% less than the average salary of a Recovery Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Margadarsi Chit Fund to a Recovery Officer in India?

Mashreq Global Services Recovery Officer Salary - ₹5.0 Lakhs to ₹5.6 Lakhs per year
ICICI Home Finance Recovery Officer Salary - ₹1.2 Lakhs to ₹4.2 Lakhs per year
Bajaj Finserv Recovery Officer Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Recovery Officer Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year
Shriram Chits Recovery Officer Salary - ₹2.1 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Recovery Officer at Margadarsi Chit Fund ranges between ₹14,119 per month to ₹15,610 per month in India. The take-home salary calculation is based on the average Margadarsi Chit Fund Recovery Officer salary in India which ranges between ₹1.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Recovery Officer at Margadarsi Chit Fund?

According to AmbitionBox, 63% of the Margadarsi Chit Fund Recovery Officers reported a notice period of 1 Month, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Margadarsi Chit Fund Recovery Officer Salaries by Location

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Margadarsi Chit Fund Recovery Officer Salaries

Margadarsi Chit Fund Recovery Officer salary in India ranges between ₹1.2 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Margadarsi Chit Fund latest salaries received from various employees of Margadarsi Chit Fund.

Margadarsi Chit Fund Recovery Officer salaries in India

Companies similar to Margadarsi Chit Fund for Recovery Officer

Latest annual salaries shared by Margadarsi Chit Fund Recovery Officer

Experience wise Margadarsi Chit Fund Recovery Officer salaries

Similar Designation salaries in Margadarsi Chit Fund

Salary related reviews for Margadarsi Chit Fund

Office Assistant in Manipal Centre M G ROAD

Office Assistant in Hyderabad / Secunderabad

Office Assistant For Legal Department in Bangalore / Bengaluru

SOA(Sr Office Assistant) in Hyderabad / Secunderabad

Senior Executive in Bangalore / Bengaluru

Margadarsi Chit Fund Recovery Officer Salary FAQs

Tell us how to improve this page.

Margadarsi Chit Fund Recovery Officer Salaries by Location