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

4 - 11 years exp.

₹2.7 Lakhs - ₹6.8 Lakhs

Salary of majority employees

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25% less than the average Collections Manager Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹2.7 L/yr - ₹5.1 L/yr
Finance & Accounting Collections Manager Salary 7 - 11 years exp. (5 salaries)	Unlock ₹3.3 L/yr - ₹6.8 L/yr
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Sales & Business Development Collections Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹6.4 L/yr

Last Updated: 8 Dec 2024

Companies similar to Muthoot Fincorp for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Collections Manager Salary 1 - 10 years exp. (14 salaries)	Unlock ₹2.1 L/yr - ₹6.5 L/yr 14% more
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (342 salaries)	Unlock ₹1.2 L/yr - ₹7.8 L/yr 14% more
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Shriram Finance Collections Manager Salary 2 - 10 years exp. (190 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 9% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	Unlock ₹1.5 L/yr - ₹5.5 L/yr 14% less
Cholamandalam Investment & Finance Collections Manager Salary 3 - 14 years exp. (68 salaries)	Unlock ₹2 L/yr - ₹9.2 L/yr 21% more
L&T Finance Collections Manager Salary 4 - 12 years exp. (183 salaries)	Unlock ₹2.4 L/yr - ₹9.4 L/yr 38% more
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (314 salaries)	Unlock ₹2.8 L/yr - ₹9 L/yr 47% more	9 job openings
Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹6.6 L/yr 22% more
Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	Unlock ₹3.5 L/yr - ₹10.5 L/yr 49% more
Tata Capital Collections Manager Salary 3 - 13 years exp. (291 salaries)	Unlock ₹2.4 L/yr - ₹9.5 L/yr 46% more	15 job openings
SMFG India Credit Collections Manager Salary 4 - 11 years exp. (190 salaries)	Unlock ₹2.2 L/yr - ₹8.1 L/yr 14% more
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Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (136 salaries)	Unlock ₹1.2 L/yr - ₹5.5 L/yr 33% less	1 job opening
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (131 salaries)	Unlock ₹2.3 L/yr - ₹8.3 L/yr 10% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (78 salaries)	Unlock ₹3.2 L/yr - ₹6.6 L/yr 23% more
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	Unlock ₹2.4 L/yr - ₹6.5 L/yr 12% more
IIFL Finance Collections Manager Salary 3 - 10 years exp. (56 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr 16% more
Tata Capital Housing Finance Collections Manager Salary 4 - 15 years exp. (38 salaries)	Unlock ₹4 L/yr - ₹10.5 L/yr 64% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 21% less
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (33 salaries)	Unlock ₹3.3 L/yr - ₹7.5 L/yr 11% more
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	Unlock ₹3 L/yr - ₹9.8 L/yr 35% more

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Collections Manager salary at Muthoot Fincorp ranges between ₹2.7 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Collections Manager

1mo ago

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8 years exp.

2mo ago

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7 years exp.

5mo ago

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7 years exp.

1y ago

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7 years exp.

1y ago

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11 years exp.

1y ago

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5 years exp.

1y ago

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9 years exp.

1y ago

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6 years exp.

1y ago

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11 years exp.

1y ago

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10 years exp.

Experience wise Muthoot Fincorp Collections Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹6.9 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹7.3 L/yr
7 years (3 salaries)	Unlock ₹3.3 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹6.8 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹6.8 L/yr

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Similar Designation salaries in Muthoot Fincorp

Collection Officer Salary

(9 salaries)

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₹2.2 L/yr - ₹2.92 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr

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

Cluster Manager Salary

(10 salaries)

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₹5.2 L/yr - ₹10.5 L/yr

Relationship Manager Salary

(49 salaries)

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₹2.15 L/yr - ₹4.5 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Branch Manager Salary

(601 salaries)

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₹1.25 L/yr - ₹6.3 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Area Manager Salary

(218 salaries)

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₹3.2 L/yr - ₹10.1 L/yr

Top skills at Muthoot Fincorp for Collections Manager

Collection Management

Salary related reviews for Muthoot Fincorp

3.5

Rated by 6 employees for salary & benefits

Branch Manager in Agra

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.

Branch Manager in Patna

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.

Salary - Good

+6 more

Dislikes

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

Branch Manager in New Delhi

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.

Salary - Poor

Branch Manager in Sulur

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.

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.

Branch Manager in Kothagudem

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

Salary - Good

+6 more

Dislikes

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Collections Manager Salary FAQs

What is the salary of Collections Manager at Muthoot Fincorp?

Collections Manager salary at Muthoot Fincorp in India ranges between ₹2.7 Lakhs to ₹6.8 Lakhs for experience between 4 years to 11 years. According to our estimates it is 25% less than the average Collections Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Collections Manager at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Collections Manager at Muthoot Fincorp is 25% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Muthoot Fincorp?

Collection Management is a popular skill required to work as a Collections Manager at Muthoot Fincorp.

Which similar companies are paying more than Muthoot Fincorp to a Collections Manager in India?

SK Finance Limited Collections Manager Salary - ₹3.1 Lakhs to ₹10.0 Lakhs per year
Tata Capital Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
Bharat Financial Inclusion Collections Manager Salary - ₹6.1 Lakhs to ₹8.0 Lakhs per year
Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year

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

Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.4 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹3.0 Lakhs to ₹9.8 Lakhs per year
Muthoot Microfin Collections Manager Salary - ₹4.8 Lakhs to ₹6.2 Lakhs per year
TVS Credit Collections Manager Salary - ₹3.2 Lakhs to ₹6.6 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Muthoot Fincorp ranges between ₹31,357 per month to ₹32,651 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Collections Manager salary in India which ranges between ₹2.7 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Muthoot Fincorp?

According to AmbitionBox, 38% of the Muthoot Fincorp Collections Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Collections Manager Salaries by Location

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Muthoot Fincorp Collections Manager Salaries

Muthoot Fincorp Collections Manager salary in India ranges between ₹2.7 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Collections Manager salaries in India

Companies similar to Muthoot Fincorp for Collections Manager

Latest annual salaries shared by Muthoot Fincorp Collections Manager

Experience wise Muthoot Fincorp Collections Manager salaries

Similar Designation salaries in Muthoot Fincorp

Top skills at Muthoot Fincorp for Collections Manager

Salary related reviews for Muthoot Fincorp

Branch Manager in Agra

Branch Manager in Patna

Branch Manager in New Delhi

Branch Manager in Sulur

Branch Manager in Kothagudem

Muthoot Fincorp Collections Manager Salary FAQs

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Muthoot Fincorp Collections Manager Salaries by Location