Margadarsi Chit Fund Trainee Salaries by 7 Employees (Updated 2025)

0 - 4 years exp.

₹1.1 Lakh - ₹1.8 Lakh

Low Confidence

Salary of majority employees

48% less than the average Trainee Salary in Financial Services Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Trainee Salary 0 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹1.8 L/yr
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Engineering - Software & QA Trainee Salary Fresher (AmbitionBox Estimate)	₹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
CSC Trainee Salary 0 - 4 years exp. (53 salaries)	₹5.4 L/yr - ₹14 L/yr 742% more
TIAA Global Business Services Trainee Salary 0 - 1 year exp. (45 salaries)	₹5.5 L/yr - ₹12 L/yr 674% more
Login to view exact salary
Invesco Trainee Salary 0 - 1 year exp. (14 salaries)	₹3.3 L/yr - ₹4.5 L/yr 187% more
National Stock Exchange of India Trainee Salary 0 - 2 years exp. (6 salaries)	₹2.5 L/yr - ₹7 L/yr 158% more
Bonanza Portfolio Trainee Salary 0 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 49% more
Kroll Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 289% more
Sun Life Financial Trainee Salary Fresher (4 salaries)	₹2.8 L/yr - ₹3.6 L/yr 140% more
Ameriprise Financial Trainee Salary 0 - 1 year exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr 193% more
ICICI Home Finance Trainee Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 110% more
SBI Cards & Payment Services Trainee Salary 0 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹16 L/yr 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.

Experience wise Margadarsi Chit Fund Trainee salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.1 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr

Similar Designation salaries in Margadarsi Chit Fund

Devops Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Margadarsi Chit Fund

5.0

Rated by 1 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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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Margadarsi Chit Fund Trainee Salaries

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