Muthoot Capital Services Collection Officer Salaries by 4 Employees (Updated 2024)

6 - 8 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Collection Officer Salary in Financial Services Companies for 6 - 8 years of experience

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Salaries in different departments

Sales & Business Development Collection Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹2.8 L/yr
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Procurement & Supply Chain Collection Officer Salary 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 17 Mar 2023

Companies similar to Muthoot Capital Services for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (222 salaries)	₹1.1 L/yr - ₹5.6 L/yr 18% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (146 salaries)	₹1.5 L/yr - ₹5.1 L/yr 6% less	1 job opening
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Shriram Finance Collection Officer Salary 0 - 7 years exp. (39 salaries)	₹1.8 L/yr - ₹4.5 L/yr 1% less
HDFC Bank Collection Officer Salary 0 - 7 years exp. (359 salaries)	₹1.2 L/yr - ₹4 L/yr 15% less
ICICI Bank Collection Officer Salary 2 - 7 years exp. (74 salaries)	₹1.3 L/yr - ₹3.6 L/yr 19% less
Tata Capital Collection Officer Salary 0 - 14 years exp. (42 salaries)	₹2 L/yr - ₹4.5 L/yr 5% more	8 job openings
L&T Finance Collection Officer Salary 1 - 7 years exp. (346 salaries)	₹1.2 L/yr - ₹3.9 L/yr 23% less
Reliance Capital Collection Officer Salary 1 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 6% more
Edelweiss Collection Officer Salary 2 - 10 years exp. (30 salaries)	₹2.4 L/yr - ₹4.5 L/yr 6% more
Sammaan Capital Limited Collection Officer Salary 0 - 9 years exp. (312 salaries)	₹1.7 L/yr - ₹3.7 L/yr 11% less
Bajaj Finserv Collection Officer Salary 1 - 6 years exp. (183 salaries)	₹1.2 L/yr - ₹5 L/yr 2% more
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Motilal Oswal Financial Services Collection Officer Salary 1 - 7 years exp. (22 salaries)	₹2 L/yr - ₹3.4 L/yr 11% less
MAS Financial Services Collection Officer Salary 1 - 8 years exp. (13 salaries)	₹1 L/yr - ₹3.9 L/yr 17% less
Srei Equipment Finance Collection Officer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr 29% less
JPMorgan Chase & Co. Collection Officer Salary 0 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹8.5 L/yr 90% more
Bajaj Capital Collection Officer Salary 0 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹1.7 L/yr 45% less
Motilal Oswal Collection Officer Salary 5 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹2.9 L/yr 10% less

Collection Officer salary at Muthoot Capital Services ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Capital Services.

Experience wise Muthoot Capital Services Collection Officer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.5 L/yr
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8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Muthoot Capital Services

Collections Manager Salary

(9 salaries)

₹2.65 L/yr - ₹6.3 L/yr

Senior Collection Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(6 salaries)

₹5 L/yr - ₹9.6 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

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Sales Executive Salary

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Branch Manager Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Relationship Manager Salary

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₹3.5 L/yr - ₹4.5 L/yr

Deputy Manager Salary

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₹4.3 L/yr - ₹6.9 L/yr

Salary related reviews for Muthoot Capital Services

5.0

Rated by 4 employees for salary & benefits

Counter Sales Executive in Shivamogga

Full Time

Counter sales executive Department

1.0

• posted on 10 Dec 2022

1.0

for Salary and Benefits

Likes

Worst , there is no hike no bonus sorry they give bonus only 5700 3700 like this , no growth lot of cuttoffs in payslip they use employees like slave example they told make 15 sales we will give incentive after we achieve they told terms and conditions and not pay incentive if we asked y they told they didn't pay first emi they didn't pay 3rd emi they are not registered like that and without intimation they play a game on our payslip like they mention taken advance salary like that

Dislikes

Worst company Zero growth No appraisal No hike Fake incentive slabs It's not for hardworker it's only just who won't job this type of guy only join this company

Credit Officer in Hubli

Credit Operation Department

2.0

• posted on 31 Jan 2022

1.0

for Salary and Benefits

Likes

Office timings good but work related total haresh ment and senior toucher and new national head is terrible speaking and raude Sam to remove employees and saying if u nit resign i will terminate u and our senior manager also not supportive in karnataka team

Dislikes

...ood growth before after the national head and ceo change company became totally worst now salary growth zero bonus zero totally they have been spoiled this company name and fame in less salary lots of cutt off in salary totaly worst company became now

Deputy Collections Manager in Nagapattinam

Collection Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

... have culture. I identify lord of integrity issue from collection agency side .No skill development and no learning I not have any compensation and benefits.no job security because of I resigned my job.no career growth many time my reporting Boss asking to me resign my job.

Dislikes

No words

Collection's in Ballari

Collection Department

3.0

• posted on 10 May 2018

3.0

for Salary and Benefits

Likes

Work free, anual appraisal doing branch network is good

Dislikes

Not supported to employees, also less salary benefits, there is no customer services in regional Wise focusing only sales, there is no quality of customer's. Negative are funding,

Telecaller

Sales & Business Development Department

5.0

• posted on 19 Sep 2018

3.0

for Salary and Benefits

Likes

Working environment of this company is excellent. Amount of mental pressure is very low level. My team members and superiors are very friendly behavior to me. They gave all kinds of supports at any crucial situations. I can acquire experience and more knowledge about various documents process, new innovations, system procedures etc etc...

Dislikes

Compensation is not satisfactory.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Capital Services Collection Officer Salary FAQs

What is the salary of Collection Officer at Muthoot Capital Services?

Collection Officer salary at Muthoot Capital Services in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 11% more than the average Collection Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Capital Services India.

How does the salary of a Collection Officer at Muthoot Capital Services India compare with the average salary range for this job?

The average salary of a Collection Officer at Muthoot Capital Services is 11% more than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Capital Services to a Collection Officer in India?

JPMorgan Chase & Co. Collection Officer Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Edelweiss Collection Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Reliance Capital Collection Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Collection Officer in companies similar to Muthoot Capital Services in India?

Bajaj Finserv Collection Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
Motilal Oswal Collection Officer Salary - ₹2.7 Lakhs to ₹2.9 Lakhs per year
Motilal Oswal Financial Services Collection Officer Salary - ₹2.0 Lakhs to ₹3.4 Lakhs per year

What is the estimated take home salary of a Collection Officer at Muthoot Capital Services in India?

The estimated take-home salary of a Collection Officer at Muthoot Capital Services ranges between ₹21,702 per month to ₹23,190 per month in India. The take-home salary calculation is based on the average Muthoot Capital Services Collection Officer salary in India which ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at Muthoot Capital Services?

According to AmbitionBox, 67% of the Muthoot Capital Services Collection Officers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Capital Services Collection Officer Salaries

Muthoot Capital Services Collection Officer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Capital Services latest salaries received from various employees of Muthoot Capital Services.