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Muthoot Fincorp Collection Agent salaries in India

Annual salary range
1 - 4 years exp.
₹2 Lakhs - ₹4.5 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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31% more than the average Collection Agent Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Collection Agent Salary
4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Sales & Business Development
Collection Agent Salary
1 year exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 16 Mar 2024

Companies similar to Muthoot Fincorp for Collection Agent

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Collection Agent Salary

0 - 5 years exp. (152 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 19% less
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Shriram Finance Collection Agent Salary

0 - 2 years exp. (5 salaries)

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₹0.7 L/yr - ₹3 L/yr

arrow icon 9% less
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Mahindra Finance Collection Agent Salary

1 - 7 years exp. (4 salaries)

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₹2.4 L/yr - ₹3 L/yr

arrow icon 4% less
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₹2.5 L/yr - ₹4 L/yr

arrow icon 15% less
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HDB Financial Services Collection Agent Salary

1 - 7 years exp. (157 salaries)

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₹1 L/yr - ₹4.3 L/yr

arrow icon 26% less
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Tata Capital Collection Agent Salary

1 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 44% less
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TVS Credit Collection Agent Salary

0 - 6 years exp. (24 salaries)

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₹1 L/yr - ₹2.6 L/yr

arrow icon 37% less
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₹1.5 L/yr - ₹3 L/yr

arrow icon 42% less
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IIFL Finance Collection Agent Salary

2 - 7 years exp. (4 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

At par
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₹1.5 L/yr - ₹4 L/yr

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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 11% less
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₹2 L/yr - ₹2.4 L/yr

arrow icon 29% less
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 6% less
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Muthoot Finance Collection Agent Salary

0 - 3 years exp. (3 salaries)

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₹1.2 L/yr - ₹2 L/yr

arrow icon 45% less
Collection Agent salary at Muthoot Fincorp ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Collection Agent

9mo ago
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3 years exp.
1y ago
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1 year exp.
1y ago
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4 years exp.

Experience wise Muthoot Fincorp Collection Agent salaries

Last Updated: 16 Mar 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Muthoot Fincorp

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₹2.2 L/yr - ₹2.92 L/yr
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₹1.35 L/yr - ₹3.1 L/yr
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(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹2.2 L/yr - ₹3.34 L/yr
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₹1.8 L/yr - ₹6.65 L/yr
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₹7 L/yr - ₹13 L/yr
Sales Officer Salary
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₹1.45 L/yr - ₹3.21 L/yr
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₹2.75 L/yr - ₹7.9 L/yr
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₹1.2 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Fincorp

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 Collection Agent Salary FAQs

How the salary growth look like for a Collection Agent at Muthoot Fincorp in India?
The salary growth for a Collection Agent at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Collection Agent can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Collection Agent salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.