Margadarsi Chit Fund Sales Officer Salaries by 5 Employees

1 - 5 years exp.

₹1.6 Lakh - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Sales Officer Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Sales & Business Development Sales Officer Salary 1 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹6 L/yr
BFSI, Investments & Trading Sales Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Procurement & Supply Chain Sales Officer Salary 5 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 14 Aug 2023

Companies similar to Margadarsi Chit Fund for Sales Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Sales Officer Salary 0 - 5 years exp. (97 salaries)	₹1.2 L/yr - ₹3.3 L/yr 22% less
SBI Cards & Payment Services Sales Officer Salary 1 - 6 years exp. (90 salaries)	₹1.2 L/yr - ₹4.5 L/yr 1% less
Login to view exact salary
Axis Direct Sales Officer Salary 0 - 7 years exp. (45 salaries)	₹1.5 L/yr - ₹3.2 L/yr 16% less
Aadhar Housing Finance Sales Officer Salary 0 - 6 years exp. (21 salaries)	₹1.8 L/yr - ₹3 L/yr 17% less
Vastu Housing Finance Sales Officer Salary 0 - 5 years exp. (9 salaries)	₹2 L/yr - ₹3.2 L/yr 13% less
Kotak Securities Sales Officer Salary 0 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹4.1 L/yr 1% more
Pine Labs Sales Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3.4 L/yr 4% more
SBI Mutual Fund Sales Officer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 26% less
Anand Rathi: Online Stock Trading & Advisory Sales Officer Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹2.1 L/yr 48% less
Bonanza Portfolio Sales Officer Salary 3 - 8 years exp. (3 salaries)	₹1.4 L/yr - ₹3 L/yr 30% less
Sub-K IMPACT Solutions Sales Officer Salary 3 - 9 years exp. (3 salaries)	₹1.7 L/yr - ₹2.7 L/yr 28% less
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Sales Officer salary at Margadarsi Chit Fund ranges between ₹1.6 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Margadarsi Chit Fund.

Experience wise Margadarsi Chit Fund Sales Officer salaries

Last Updated: 14 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (3 salaries)	₹3.2 L/yr - ₹6 L/yr

Similar Designation salaries in Margadarsi Chit Fund

Sales Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Sales Executive Salary

(3 salaries)

₹2.1 L/yr - ₹2.2 L/yr

Deputy Manager Salary

(3 salaries)

₹3.35 L/yr - ₹4 L/yr

Marketing Executive Salary

(3 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Business Development Manager Salary

(5 salaries)

₹3 L/yr - ₹3.1 L/yr

Business Development Executive Salary

(3 salaries)

₹2.4 L/yr - ₹4.32 L/yr

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Margadarsi Chit Fund Sales Officer Salary FAQs

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

The average salary of a Sales Officer at Margadarsi Chit Fund in India typically ranges from ₹1.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Officer at Margadarsi Chit Fund earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Sales Officer 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 5 Margadarsi Chit Fund employees in India.

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

The estimated take-home salary of a Sales Officer at Margadarsi Chit Fund in India typically ranges from ₹21,032 to ₹22,680 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 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 Sales Officer in India?

Pine Labs	₹2.2 Lakhs to ₹3.4 Lakhs per year
Kotak Securities	₹2.1 Lakhs to ₹4.1 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 Sales Officer in companies similar to Margadarsi Chit Fund in India?

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

SBI Cards & Payment Services	₹1.2 Lakhs to ₹4.5 Lakhs per year
Vastu Housing Finance	₹2.0 Lakhs to ₹3.2 Lakhs per year
Axis Direct	₹1.5 Lakhs to ₹3.2 Lakhs per year
Aadhar Housing Finance	₹1.8 Lakhs to ₹3.0 Lakhs per year
ICICI Home Finance	₹1.2 Lakhs to ₹3.3 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 Sales Officer at Margadarsi Chit Fund in India?

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

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Margadarsi Chit Fund Sales Officer Salaries

Margadarsi Chit Fund Sales Officer salary in India ranges between ₹1.6 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Margadarsi Chit Fund latest salaries received from various employees of Margadarsi Chit Fund.