Margadarsi Chit Fund Chennai Recovery Officer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2 Lakhs - ₹3.1 Lakhs

Salary of majority employees

13% less than the average Recovery Officer Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 29 Mar 2024

Companies similar to Margadarsi Chit Fund for Recovery Officer in Chennai

Margadarsi Chit Fund Recovery Officer Salary

1 - 3 years exp. (4 salaries)

₹2 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Orchid Chemicals & Pharmaceuticals Recovery Officer Salary 0 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹3.8 L/yr 4% more
Shriram Finance Recovery Officer Salary 1 - 5 years exp. (7 salaries)	₹1.3 L/yr - ₹2.5 L/yr 14% more
Login to view exact salary
Jana Small Finance Bank Recovery Officer Salary 1 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹2.9 L/yr 19% more	1 job opening
Orchid Pharma Recovery Officer Salary 2 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹3.5 L/yr 16% more
Paisabazaar.com Recovery Officer Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 26% more

Recovery Officer salary at Margadarsi Chit Fund ranges between ₹2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Margadarsi Chit Fund.

Experience wise Margadarsi Chit Fund Recovery Officer salaries in Chennai

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr

Similar Designation salaries in Margadarsi Chit Fund

Account Assistant Salary

(9 salaries)

₹1.45 L/yr - ₹3.5 L/yr

Accountant Salary

(4 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Salary related reviews for Margadarsi Chit Fund

3.1

Rated by 2 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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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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Margadarsi Chit Fund Recovery Officer Salary FAQs

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

Recovery Officer salary at Margadarsi Chit Fund in Chennai ranges between ₹2.0 Lakhs to ₹3.1 Lakhs for experience between 1 years to 3 years. According to our estimates it is 13% less than the average Recovery Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Margadarsi Chit Fund Chennai.

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

The average salary of a Recovery Officer at Margadarsi Chit Fund is 13% less than the average salary of a Recovery Officer in Chennai. To know exact salary insights, login to view.

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

Paisabazaar.com Recovery Officer Salary - ₹2.5 Lakhs to ₹2.8 Lakhs per year
Jana Small Finance Bank Recovery Officer Salary - ₹2.2 Lakhs to ₹2.9 Lakhs per year
Orchid Pharma Recovery Officer Salary - ₹1.9 Lakhs to ₹3.5 Lakhs per year
Shriram Finance Recovery Officer Salary - ₹1.3 Lakhs to ₹2.5 Lakhs per year
Orchid Chemicals & Pharmaceuticals Recovery Officer Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Recovery Officer at Margadarsi Chit Fund ranges between ₹14,840 per month to ₹16,394 per month in Chennai. The take-home salary calculation is based on the average Margadarsi Chit Fund Recovery Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Margadarsi Chit Fund Recovery Officers in Chennai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Margadarsi Chit Fund Recovery Officer Salaries in Chennai

Margadarsi Chit Fund Recovery Officer salary in Chennai ranges between ₹2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Margadarsi Chit Fund latest salaries received from various employees of Margadarsi Chit Fund.