Muthoot Finance Senior Collection Officer Salaries by Employees (Updated 2025)

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₹2.6 Lakhs - ₹3.3 Lakhs

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Last Updated: 21 Oct 2024

Companies similar to Muthoot Finance for Senior Collection Officer

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Senior Collection Officer Salary 1 - 12 years exp. (3 salaries)	₹3.3 L/yr - ₹3.8 L/yr 18% more
Shriram Finance Senior Collection Officer Salary 5 - 14 years exp. (21 salaries)	₹2.1 L/yr - ₹5.1 L/yr 18% more
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Bajaj Finance Senior Collection Officer Salary 2 - 10 years exp. (10 salaries)	₹2.8 L/yr - ₹5.1 L/yr 17% more
HDFC Bank Senior Collection Officer Salary 2 - 6 years exp. (50 salaries)	₹2 L/yr - ₹4.6 L/yr 5% less
ICICI Bank Senior Collection Officer Salary 2 - 5 years exp. (5 salaries)	₹1.7 L/yr - ₹3.4 L/yr 10% more
Axis Bank Senior Collection Officer Salary 0 - 14 years exp. (5 salaries)	₹2 L/yr - ₹2.6 L/yr 23% less
Kotak Mahindra Bank Senior Collection Officer Salary 2 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 17% less
Tata Capital Senior Collection Officer Salary 4 - 8 years exp. (3 salaries)	₹2 L/yr - ₹4.7 L/yr 27% more
HDB Financial Services Senior Collection Officer Salary 0 - 8 years exp. (181 salaries)	₹1.2 L/yr - ₹4.5 L/yr 13% less
Sammaan Capital Limited Senior Collection Officer Salary 0 - 10 years exp. (47 salaries)	₹2 L/yr - ₹4.7 L/yr 9% more
IIFL Finance Senior Collection Officer Salary 3 - 11 years exp. (34 salaries)	₹2.1 L/yr - ₹5 L/yr 7% more
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L&T Finance Senior Collection Officer Salary 2 - 7 years exp. (34 salaries)	₹1.7 L/yr - ₹3.6 L/yr 15% less
Mahindra Finance Senior Collection Officer Salary 3 - 7 years exp. (24 salaries)	₹1.8 L/yr - ₹5.1 L/yr 24% more
Poonawalla Fincorp Senior Collection Officer Salary 3 - 14 years exp. (23 salaries)	₹2 L/yr - ₹4.2 L/yr 14% more
Muthoot Fincorp Senior Collection Officer Salary 4 - 7 years exp. (7 salaries)	₹2.8 L/yr - ₹4 L/yr 8% more
Satin Creditcare Network Senior Collection Officer Salary 1 - 8 years exp. (5 salaries)	₹2 L/yr - ₹2.4 L/yr 25% less
SMFG India Credit Senior Collection Officer Salary 5 - 10 years exp. (5 salaries)	₹1.9 L/yr - ₹5 L/yr 14% more
Mahindra Rural Housing Finance Senior Collection Officer Salary 1 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 32% less
TVS Credit Senior Collection Officer Salary 1 - 10 years exp. (4 salaries)	₹1.1 L/yr - ₹2.9 L/yr 25% less
IDFC FIRST Bharat Senior Collection Officer Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 7% less

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Senior Collection Officer salary at Muthoot Finance ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Finance.

Similar Designation salaries in Muthoot Finance

Collection Officer Salary

(5 salaries)

₹2 L/yr - ₹3.5 L/yr

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(4 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Area Collection Manager Salary

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₹3 L/yr - ₹10 L/yr

Collections Manager Salary

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₹2.2 L/yr - ₹5.5 L/yr

Relationship Officer Salary

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₹1.25 L/yr - ₹4.5 L/yr

Sales Officer Salary

(25 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Recovery Officer Salary

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₹1.5 L/yr - ₹2.27 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Field Officer Salary

(3 salaries)

₹2.12 L/yr - ₹2.5 L/yr

Officer Salary

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₹1.5 L/yr - ₹2.22 L/yr

Salary related reviews for Muthoot Finance

5.0

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

Dislikes

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

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

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.

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

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 .

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Muthoot Finance Senior Collection Officer Salary FAQs

What is the notice period for Senior Collection Officer at Muthoot Finance?

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

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Muthoot Finance Senior Collection Officer Salaries

Muthoot Finance Senior Collection Officer salary in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.