Muthoot Finance Area Collection Manager Salaries by 5 Employees (Updated 2025)

4 - 13 years exp.

₹3 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

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24% less than the average Area Collection Manager Salary in NBFC Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 4 - 13 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Area Collection Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 30 Jun 2024

Companies similar to Muthoot Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Area Collection Manager Salary 15 - 22 years exp. (6 salaries)	Unlock ₹8.6 L/yr - ₹17.9 L/yr 53% more
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (14 salaries)	Unlock ₹3.6 L/yr - ₹10.2 L/yr 3% less
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Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (239 salaries)	Unlock ₹4.5 L/yr - ₹18 L/yr 54% more
HDFC Bank Area Collection Manager Salary 10 - 22 years exp. (175 salaries)	Unlock ₹5.5 L/yr - ₹22 L/yr 99% more
ICICI Bank Area Collection Manager Salary 9 - 17 years exp. (159 salaries)	Unlock ₹5 L/yr - ₹17 L/yr 63% more
Axis Bank Area Collection Manager Salary 9 - 22 years exp. (183 salaries)	Unlock ₹6.2 L/yr - ₹20 L/yr 76% more
Kotak Mahindra Bank Area Collection Manager Salary 6 - 19 years exp. (71 salaries)	Unlock ₹6.1 L/yr - ₹16.3 L/yr 61% more
Tata Capital Area Collection Manager Salary 7 - 16 years exp. (28 salaries)	Unlock ₹4.3 L/yr - ₹13.1 L/yr 39% more	12 job openings
Aditya Birla Finance Area Collection Manager Salary 10 - 18 years exp. (33 salaries)	Unlock ₹9.8 L/yr - ₹18.2 L/yr 109% more
Mahindra Finance Area Collection Manager Salary 8 - 17 years exp. (182 salaries)	Unlock ₹3.5 L/yr - ₹11.6 L/yr 3% more
L&T Finance Area Collection Manager Salary 5 - 16 years exp. (135 salaries)	Unlock ₹3.5 L/yr - ₹12 L/yr 10% more
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TVS Credit Area Collection Manager Salary 7 - 18 years exp. (98 salaries)	Unlock ₹7.1 L/yr - ₹17.5 L/yr 85% more
Kotak Mahindra Prime Area Collection Manager Salary 8 - 15 years exp. (33 salaries)	Unlock ₹6.3 L/yr - ₹14 L/yr 42% more
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (27 salaries)	Unlock ₹3.3 L/yr - ₹6 L/yr 34% less
Sammaan Capital Limited Area Collection Manager Salary 6 - 19 years exp. (24 salaries)	Unlock ₹4.7 L/yr - ₹10 L/yr 9% more
SMFG India Credit Area Collection Manager Salary 3 - 18 years exp. (22 salaries)	Unlock ₹3.1 L/yr - ₹9.3 L/yr 3% less
LendingKart Area Collection Manager Salary 8 - 18 years exp. (16 salaries)	Unlock ₹6.3 L/yr - ₹18 L/yr 68% more
Capri Global Capital Area Collection Manager Salary 6 - 16 years exp. (24 salaries)	Unlock ₹5.4 L/yr - ₹12.1 L/yr 28% more
PNB Housing Finance Area Collection Manager Salary 7 - 18 years exp. (12 salaries)	Unlock ₹5 L/yr - ₹17.5 L/yr 65% more
Mahindra Rural Housing Finance Area Collection Manager Salary 13 - 19 years exp. (11 salaries)	Unlock ₹8 L/yr - ₹22 L/yr 137% more

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Area Collection Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Area Collection Manager salaries

Last Updated: 30 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.5 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹8.2 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Muthoot Finance

Branch Collection Manager Salary

(AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr

Collections Manager Salary

(14 salaries)

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₹2.28 L/yr - ₹5.5 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Collection Officer Salary

(4 salaries)

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₹2 L/yr - ₹3.5 L/yr

Senior Collection Officer Salary

(AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr

Area Manager Salary

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₹3.5 L/yr - ₹8.8 L/yr

Branch Manager Salary

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₹1.8 L/yr - ₹7.5 L/yr

Cluster Manager Salary

(144 salaries)

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₹4 L/yr - ₹10.62 L/yr

Relationship Manager Salary

(32 salaries)

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₹2 L/yr - ₹4 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr

Top skills at Muthoot Finance for Area Collection Manager

Recovery Operations Collections Risk Management Debt Management Team Management Collection Management Recovery Customer Service Delinquency Management Team Handling Branch Management Employee Engagement Agency Management Training Recruitment

Salary related reviews for Muthoot Finance

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Skill development - Good

+4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Promotions - Poor

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Salary - Bad

+6 more

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

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Salary Discussions, Hike & Promotions

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Muthoot Finance?

Area Collection Manager salary at Muthoot Finance in India ranges between ₹3.0 Lakhs to ₹10.0 Lakhs for experience between 4 years to 13 years. According to our estimates it is 24% less than the average Area Collection Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Area Collection Manager at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Area Collection Manager at Muthoot Finance is 24% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Collection Manager at Muthoot Finance?

Recovery Operations, Collections, Risk Management, Debt Management and Team Management are some of the popular skills required to work as a Area Collection Manager at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Area Collection Manager in India?

Mahindra Rural Housing Finance Area Collection Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Tata Capital Housing Finance Area Collection Manager Salary - ₹10.9 Lakhs to ₹16.2 Lakhs per year
Sundaram Finance Area Collection Manager Salary - ₹12.1 Lakhs to ₹17.5 Lakhs per year
Aditya Birla Finance Area Collection Manager Salary - ₹9.8 Lakhs to ₹18.2 Lakhs per year
HDFC Bank Area Collection Manager Salary - ₹5.5 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Area Collection Manager in companies similar to Muthoot Finance in India?

TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
Axis Bank Area Collection Manager Salary - ₹6.2 Lakhs to ₹20.0 Lakhs per year
LendingKart Area Collection Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
PNB Housing Finance Area Collection Manager Salary - ₹5.0 Lakhs to ₹17.5 Lakhs per year
ICICI Bank Area Collection Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Area Collection Manager at Muthoot Finance in India?

The estimated take-home salary of a Area Collection Manager at Muthoot Finance ranges between ₹51,508 per month to ₹52,722 per month in India. The take-home salary calculation is based on the average Muthoot Finance Area Collection Manager salary in India which ranges between ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Area Collection Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Area Collection Manager Salaries

Muthoot Finance Area Collection Manager salary in India ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.