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4.5

based on 6.8k Reviews

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Muthoot Fincorp Area Collection Manager salaries in India

Annual salary range
0 - 6 years exp.
₹3.6 Lakhs - ₹4.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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49% less than the average Area Collection Manager Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Area Collection Manager Salary
0 - 5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4 L/yr

Finance & Accounting
Area Collection Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Last Updated: 16 Jan 2025

Companies similar to Muthoot Fincorp for Area Collection Manager

Company name Avg Annual Salary Open Jobs
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₹8.6 L/yr - ₹17.9 L/yr

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Bajaj Finance Area Collection Manager Salary

4 - 18 years exp. (404 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 127% more
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Shriram Finance Area Collection Manager Salary

3 - 20 years exp. (14 salaries)

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₹3.6 L/yr - ₹10.2 L/yr

arrow icon 52% more
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Mahindra Finance Area Collection Manager Salary

7 - 17 years exp. (195 salaries)

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₹2.4 L/yr - ₹11.6 L/yr

arrow icon 54% more
1 job opening
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₹5 L/yr - ₹18 L/yr

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2 job openings
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L&T Finance Area Collection Manager Salary

5 - 16 years exp. (169 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 74% more
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₹6.4 L/yr - ₹17.4 L/yr

arrow icon 156% more
3 job openings
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₹7.5 L/yr - ₹11.4 L/yr

arrow icon 136% more
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Edelweiss Area Collection Manager Salary

8 - 16 years exp. (6 salaries)

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₹7.5 L/yr - ₹15.2 L/yr

arrow icon 144% more
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Tata Capital Area Collection Manager Salary

6 - 16 years exp. (34 salaries)

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₹4.3 L/yr - ₹13.1 L/yr

arrow icon 107% more
12 job openings
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TVS Credit Area Collection Manager Salary

7 - 18 years exp. (102 salaries)

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₹7.1 L/yr - ₹17.5 L/yr

arrow icon 173% more
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₹6.3 L/yr - ₹14 L/yr

arrow icon 115% more
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₹4.7 L/yr - ₹10 L/yr

arrow icon 63% more
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₹3.3 L/yr - ₹6 L/yr

At par
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₹6.4 L/yr - ₹13.6 L/yr

arrow icon 130% more
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₹3.1 L/yr - ₹9.3 L/yr

arrow icon 45% more
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₹6.5 L/yr - ₹15.5 L/yr

arrow icon 152% more
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LendingKart Area Collection Manager Salary

8 - 21 years exp. (17 salaries)

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₹6.3 L/yr - ₹18 L/yr

arrow icon 153% more
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₹5 L/yr - ₹17.5 L/yr

arrow icon 140% more
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₹8 L/yr - ₹22 L/yr

arrow icon 254% more
View all
Area Collection Manager salary at Muthoot Fincorp ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Area Collection Manager

2w ago
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6 years exp.
3mo ago
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5 years exp.
7mo ago
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5 years exp.
1y ago
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3 months exp.

Experience wise Muthoot Fincorp Area Collection Manager salaries

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.6 L/yr - ₹7.9 L/yr
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

Zonal Collection Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
Branch Collection Manager Salary
(AmbitionBox Estimate)
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₹0.8 L/yr - ₹1 L/yr
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₹2.7 L/yr - ₹6.75 L/yr
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₹6 L/yr - ₹12 L/yr
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₹2.2 L/yr - ₹3 L/yr
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₹2.75 L/yr - ₹3.95 L/yr
Area Manager Salary
(203 salaries)
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₹3.2 L/yr - ₹10.1 L/yr
Recovery Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Branch Manager Salary
(728 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
Agency Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Muthoot Fincorp

4.2

Rated by 4 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Other Department

4.0
  •  posted on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 02 Apr 2020

4.0
 for  Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

read more
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Muthoot Fincorp Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Muthoot Fincorp?
Area Collection Manager salary at Muthoot Fincorp in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 49% less than the average Area Collection Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Area Collection Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Area Collection Manager at Muthoot Fincorp is 49% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp 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 - ₹12.0 Lakhs to ₹16.2 Lakhs per year
  • Sundaram Finance Area Collection Manager Salary - ₹12.1 Lakhs to ₹15.8 Lakhs per year
  • TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
  • HDB Financial Services Area Collection Manager Salary - ₹6.4 Lakhs to ₹17.4 Lakhs per year
What is the salary of a Area Collection Manager in companies similar to Muthoot Fincorp in India?
  • LendingKart Area Collection Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
  • IDFC FIRST Bharat Area Collection Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
  • Edelweiss Area Collection Manager Salary - ₹7.5 Lakhs to ₹15.2 Lakhs per year
  • PNB Housing Finance Area Collection Manager Salary - ₹5.0 Lakhs to ₹17.5 Lakhs per year
  • Reliance Capital Area Collection Manager Salary - ₹7.5 Lakhs to ₹11.4 Lakhs per year
What is the estimated take home salary of a Area Collection Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Area Collection Manager at Muthoot Fincorp ranges between ₹33,617 per month to ₹34,877 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Area Collection Manager salary in India which ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Area Collection Manager at Muthoot Fincorp?
According to AmbitionBox, 40% of the Muthoot Fincorp Area Collection Managers reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Area Collection Manager salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.