Muthoot Finance Senior Collection Executive salaries in Vadodara
Annual salary range
5 - 7 years exp.
₹2.6
Lakhs - ₹3.3
Lakhs
LowConfidence
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
Login to view
detailed salary insights
Average annual salary for most employees
Salary comparison with similar companies
Estimated monthly take-home salary
Interested in this particular role?
Last Updated:
5 Sep 2022
Senior Collection Executive salary at Muthoot Finance ranges between ₹2.6
Lakhs
to ₹3.3
Lakhs
per year for employees with experience between 5 years to 7 years. Salary
estimates are based on
2 latest salaries received
from various employees of Muthoot Finance.
The worst company I have ever seen.companies motive only for increasing the profit and AUM.mostly they prefer to work even on sundays.they think that employee has not family or personal life.normally the working time is 9:30 to 6:00 but we should come to branch on 8:00 to 7:30.thre is no extra payment or benefit for extra time.
The superior persons are not support for increasing the business and complete our target and pushing the OTC products at the time of releasing the incentive or bonus.they think that they should pay the incentive to employees but tomorrow they push to login the OTCs.there is no chance to convince the customers for the products because such a worst products they are cross selling.unable to handle the pressure from the superiors the employees login the products using their own cash and become a debtor.this is the reality in muthoot finance.the incentive structure may vary from the performance of the employees like when we perform poorly they should increase the payout per product but we perform better they should decrease the payout per product.
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
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.
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
Relationship Executive in
Hyderabad / Secunderabad
Full Time
·
Finance & Accounting Department
5.0
• posted on 30 Nov 2023
5.0
for Salary and Benefits
Likes
...r knowledge .
We can learn each and every product knowledge in muthoot finance.
And quarterly incentives are there with salary.
I love very much of security system of muthoot finance
No deslikes are there but one thing few holidays are there in muthoot finance that's it.
Account Assistant in
Alibag
Full Time
·
Customer Success, Service & Operations Department
2.0
• posted on 20 Dec 2023
1.0
for Salary and Benefits
Likes
Salary is credited on time.
Dislikes
They do more work in less salary. Work time is too much. In that too, sometimes they stop for more time and work. They work on Sundays as well. Salary does not increase even after working for 8 years. Older employees give more pressure and harass them
Muthoot Finance Senior Collection Executive Salaries in Vadodara
Muthoot Finance Senior Collection Executive salary in
Vadodara
ranges between ₹2.6
Lakhs to ₹3.3
Lakhs. This is an estimate based on
latest salaries received from employees of Muthoot Finance.