Muthoot Finance Area Recovery Manager Salaries by Employees

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₹4.1 Lakhs - ₹5.2 Lakhs

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Last Updated: 24 Jul 2024

Companies similar to Muthoot Finance for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Recovery Manager Salary 12 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹13 L/yr 138% more
HDFC Bank Area Recovery Manager Salary 6 - 18 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 74% more
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Kotak Mahindra Bank Area Recovery Manager Salary 11 - 23 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 197% more
Muthoot Fincorp Area Recovery Manager Salary 5 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 9% less
PNB Housing Finance Area Recovery Manager Salary 11 - 13 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 111% more

Area Recovery Manager salary at Muthoot Finance ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Finance.

Similar Designation salaries in Muthoot Finance

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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

Collections Manager Salary

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₹2.28 L/yr - ₹5.5 L/yr

Cluster Manager Salary

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₹4 L/yr - ₹10.6 L/yr

Deputy Manager Salary

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₹2.8 L/yr - ₹8.9 L/yr

Relationship Manager Salary

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₹2.2 L/yr - ₹3.7 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Collection Officer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at Muthoot Finance for Area Recovery Manager

Recovery Operations Credit Cards Home Loans Communication Skills Collections Risk Management Debt Management Team Management Collection Management Recovery Management Sales Recovery Customer Service Debt Recovery Delinquency Management

Salary related reviews for Muthoot Finance

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

see more salary related reviews

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Muthoot Finance Area Recovery Manager Salary FAQs

How the salary growth look like for a Area Recovery Manager at Muthoot Finance in India?

The salary growth for a Area Recovery Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Area Recovery Manager can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Muthoot Finance Area Recovery Manager Salaries

Muthoot Finance Area Recovery Manager salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.