Muthoot Finance Collections Manager Salaries by 10+ Employees (Updated 2025)

3 - 11 years exp.

₹2.3 Lakhs - ₹5.5 Lakhs

Salary of majority employees

17% less than the average Collections Manager Salary in NBFC Companies for 3 - 11 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 5 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5 L/yr
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Finance & Accounting Collections Manager Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹5.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to Muthoot Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (358 salaries)	₹2.8 L/yr - ₹9 L/yr 35% more	8 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹1.2 L/yr - ₹7.8 L/yr 3% more
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SMFG India Credit Collections Manager Salary 4 - 10 years exp. (189 salaries)	₹2 L/yr - ₹7.7 L/yr 3% more
Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 17% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9.8 L/yr 31% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (140 salaries)	₹1.2 L/yr - ₹5.5 L/yr 37% less	1 job opening
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (134 salaries)	₹2.3 L/yr - ₹8.3 L/yr 3% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (76 salaries)	₹3.2 L/yr - ₹6.5 L/yr 11% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 21% less
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	₹2.4 L/yr - ₹6.5 L/yr 2% more
IIFL Finance Collections Manager Salary 3 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹7 L/yr 9% more
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LendingKart Collections Manager Salary 3 - 14 years exp. (41 salaries)	₹3.1 L/yr - ₹9.4 L/yr 21% more
Tata Capital Housing Finance Collections Manager Salary 4 - 12 years exp. (40 salaries)	₹3.8 L/yr - ₹11.2 L/yr 41% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 28% less
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (33 salaries)	₹3.3 L/yr - ₹7.5 L/yr 1% more
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 25% more
Manappuram Finance Collections Manager Salary 1 - 10 years exp. (14 salaries)	₹2.1 L/yr - ₹6.5 L/yr 4% more
Five-Star Business Finance Collections Manager Salary 3 - 9 years exp. (14 salaries)	₹3 L/yr - ₹5 L/yr 17% less
SK Finance Limited Collections Manager Salary 0 - 14 years exp. (13 salaries)	₹2.9 L/yr - ₹10 L/yr 47% more
Muthoot Fincorp Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹2.7 L/yr - ₹6.8 L/yr 3% less

View all

Collections Manager salary at Muthoot Finance ranges between ₹2.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Collections Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.1 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8.2 L/yr
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5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
6 years (4 salaries)	₹4.5 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.5 L/yr
10 years (3 salaries)	₹3.3 L/yr - ₹4.8 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Muthoot Finance

Collection Officer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(5 salaries)

₹3 L/yr - ₹10 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Cluster Manager Salary

(145 salaries)

₹4 L/yr - ₹10.6 L/yr

Relationship Manager Salary

(31 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Branch Manager Salary

(560 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Deputy Manager Salary

(94 salaries)

₹3 L/yr - ₹8.9 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at Muthoot Finance for Collections Manager

Recovery Collection Management Collections Recovery Operations Payment Collection Monitoring Recovery Management Collections Management Debt Recovery Compliance Debt Management Team Management Credit Collection Npa Management

Salary related reviews for Muthoot Finance

2.8

Rated by 9 employees for salary & benefits

Collections Manager in Ahmedabad

Full Time

Other Department

1.0

• posted on 04 Jul 2023

1.0

for Salary and Benefits

Likes

There is only big talk, there is no such thing as management, there is a stigma on the name of NBFC

Dislikes

In my career of 8 years, I have not seen such a third class company cut the salary, whether it works or not, just punch in and punch out 2 times.

Salary - Bad

+6 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Muthoot Finance ?

The average salary of a Collections Manager at Muthoot Finance in India typically ranges from ₹2.3 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Collections Manager at Muthoot Finance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Collections Manager Salaries at Muthoot Finance 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 10+ Muthoot Finance employees in India.

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

The estimated take-home salary of a Collections Manager at Muthoot Finance in India typically ranges from ₹34,758 to ₹36,002 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 11 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 10+ salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at Muthoot Finance ?

To be a Collections Manager at Muthoot Finance in india, the key skills required include:

- Recovery
- Collection Management
- Collections
- Recovery Operations
- Payment Collection

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Collections Manager in India?

SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion	₹6.1 Lakhs to ₹8.0 Lakhs per year
Tata Capital Housing Finance	₹3.8 Lakhs to ₹11.2 Lakhs per year
HDB Financial Services	₹2.8 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹9.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.

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

The salary of a Collections Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹3.0 Lakhs to ₹9.8 Lakhs per year
LendingKart	₹3.1 Lakhs to ₹9.4 Lakhs per year
Muthoot Microfin	₹4.8 Lakhs to ₹6.2 Lakhs per year
TVS Credit	₹3.2 Lakhs to ₹6.5 Lakhs per year
Satin Creditcare Network	₹3.8 Lakhs to ₹8.6 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 Collections Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹8.1 Lakhs per year
4 years	₹2.3 Lakhs to ₹8.2 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.4 Lakhs per year

and so on.

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Muthoot Finance Collections Manager Salaries by Location

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Muthoot Finance Collections Manager Salaries

Muthoot Finance Collections Manager salary in India ranges between ₹2.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Collections Manager salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Collections Manager

Latest annual salaries shared by Muthoot Finance Collections Manager

Experience wise Muthoot Finance Collections Manager salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Collections Manager

Salary related reviews for Muthoot Finance

Collections Manager in Ahmedabad

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Muthoot Finance Collections Manager Salary FAQs

Tell us how to improve this page.

Muthoot Finance Collections Manager Salaries by Location