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Margadarsi Chit Fund Trainee salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.1 Lakh - ₹1.8 Lakh
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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48% less than the average Trainee Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Trainee Salary
0 - 4 years exp. (4 salaries)
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₹1.1 L/yr - ₹1.8 L/yr

Engineering - Software & QA
Trainee Salary
Fresher (AmbitionBox Estimate)
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₹1 L/yr - ₹1.2 L/yr

Last Updated: 10 Mar 2025

Companies similar to Margadarsi Chit Fund for Trainee

Company name Avg Annual Salary Open Jobs
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CSC Trainee Salary

0 - 4 years exp. (53 salaries)

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₹5.4 L/yr - ₹14 L/yr

arrow icon 742% more
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TIAA Global Business Services Trainee Salary

0 - 1 year exp. (45 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 674% more
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Invesco Trainee Salary

0 - 1 year exp. (14 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 187% more
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₹2.5 L/yr - ₹7 L/yr

arrow icon 158% more
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Bonanza Portfolio Trainee Salary

0 - 5 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 49% more
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Kroll Trainee Salary

0 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 289% more
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₹2.8 L/yr - ₹3.6 L/yr

arrow icon 140% more
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Ameriprise Financial Trainee Salary

0 - 1 year exp. (4 salaries)

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₹3 L/yr - ₹4.4 L/yr

arrow icon 193% more
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ICICI Home Finance Trainee Salary

0 - 1 year exp. (3 salaries)

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₹2.5 L/yr - ₹2.8 L/yr

arrow icon 110% more
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SBI Cards & Payment Services Trainee Salary

0 - 7 years exp. (3 salaries)

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₹4.1 L/yr - ₹16 L/yr

arrow icon 563% more
Trainee salary at Margadarsi Chit Fund ranges between ₹1.1 Lakh to ₹1.8 Lakh per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Margadarsi Chit Fund.

Latest annual salaries shared by Margadarsi Chit Fund Trainee

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6d ago
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Experience wise Margadarsi Chit Fund Trainee salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.1 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹1.5 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹1.2 L/yr

Similar Designation salaries in Margadarsi Chit Fund

Devops Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Margadarsi Chit Fund

5.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Salary - Poor
  • +1 more

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

read more
  • Salary - Good
  • +1 more

Dislikes

Salary hike

  • Promotions - Poor
  • +1 more

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.

read more
  • Job security - Good

Dislikes

No increments ...

  • Salary - Bad
  • +2 more

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

read more
  • Salary - Bad
  • +4 more
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Margadarsi Chit Fund Trainee Salary FAQs

What is the salary of Trainee at Margadarsi Chit Fund ?
The average salary of a Trainee at Margadarsi Chit Fund in India typically ranges from ₹1.1 Lakhs to ₹1.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Trainee at Margadarsi Chit Fund earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Trainee 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 7 Margadarsi Chit Fund employees in India.
What is the estimated take home salary of a Trainee at Margadarsi Chit Fund in India?
The estimated take-home salary of a Trainee at Margadarsi Chit Fund in India typically ranges from ₹8,610 to ₹9,570 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹1.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 7 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 Trainee in India?
CSC ₹5.4 Lakhs to ₹14.0 Lakhs per year
TIAA Global Business Services ₹5.5 Lakhs to ₹12.0 Lakhs per year
SBI Cards & Payment Services ₹4.1 Lakhs to ₹16.0 Lakhs per year
Kroll ₹2.0 Lakhs to ₹7.0 Lakhs per year
Ameriprise Financial ₹3.0 Lakhs to ₹4.4 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 Trainee in companies similar to Margadarsi Chit Fund in India?
The salary of a Trainee at companies similar to Margadarsi Chit Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Invesco ₹3.3 Lakhs to ₹4.5 Lakhs per year
National Stock Exchange of India ₹2.5 Lakhs to ₹7.0 Lakhs per year
Sun Life Financial ₹2.8 Lakhs to ₹3.6 Lakhs per year
ICICI Home Finance ₹2.5 Lakhs to ₹2.8 Lakhs per year
Bonanza Portfolio ₹1.5 Lakhs to ₹2.2 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 Trainee at Margadarsi Chit Fund in India?
The salary growth for a Trainee at Margadarsi Chit Fund depends on factors such as experience, performance, and promotions. On average, a Trainee can expect the following growth trajectory at Margadarsi Chit Fund:

Experience Average Salary Range
Fresher ₹1.1 Lakhs to ₹1.8 Lakhs per year
1 year ₹1.3 Lakhs to ₹1.6 Lakhs per year
2 years ₹1.2 Lakhs to ₹1.5 Lakhs per year
3 years ₹1.0 Lakhs to ₹1.3 Lakhs per year
and so on.

Tell us how to improve this page.

Margadarsi Chit Fund Trainee salary in India ranges between ₹1.1 Lakh to ₹1.8 Lakh with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Margadarsi Chit Fund latest salaries received from various employees of Margadarsi Chit Fund.