The Muthoot Group Collection Associate Salaries by 5 Employees

1 - 3 years exp.

₹1.6 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Collection Associate Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Associate Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr
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Customer Success, Service & Operations Collection Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to The Muthoot Group for Collection Associate

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Collection Associate Salary 4 - 9 years exp. (8 salaries)	₹3.3 L/yr - ₹3.8 L/yr 63% more
HSBC Group Collection Associate Salary 2 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹5.8 L/yr 92% more
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Cholamandalam Investment & Finance Collection Associate Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr 3% more
JPMorgan Chase & Co. Collection Associate Salary 2 - 22 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr 211% more
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (343 salaries)	₹1.7 L/yr - ₹4.7 L/yr 48% more	2 job openings

Collection Associate salary at The Muthoot Group ranges between ₹1.6 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Collection Associate salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in The Muthoot Group

Collection Officer Salary

(5 salaries)

₹2.2 L/yr - ₹2.6 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Account Assistant Salary

(33 salaries)

₹1.1 L/yr - ₹3.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Financial Analyst Salary

(3 salaries)

₹2 L/yr - ₹4.2 L/yr

Relationship Manager Salary

(9 salaries)

₹2.5 L/yr - ₹4 L/yr

Sales Executive Salary

(15 salaries)

₹1.9 L/yr - ₹2.55 L/yr

Relationship Officer Salary

(32 salaries)

₹1.2 L/yr - ₹3.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Salary related reviews for The Muthoot Group

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Gadarwara

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Job security and staffs

Skill development - Good

+2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Promotions - Poor

+1 more

Relationship Executive in Ernakulam

Full Time

Sales & Operations Department

3.0

• posted on 20 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing No appraisal they just know how to deduct employees salaries Company can cross any level to compensate their loss.

Skill development - Good

+1 more

Dislikes

...gher authority nither during ur working period jor after leaving the company. 5. Company always play safe game towards itself everything positive done by the employee is counted in company's growth but if the same changes in reverse then get ready to pay for it ur incentives will be nullified ur salary will go through a deduction of fixed amount. 6. At the end if u taking an risk for the company then get ready to pay for it.

Salary - Bad

+3 more

Relationship Executive in Bareilly

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 May 2022

3.0

for Salary and Benefits

Likes

No work pressure fully relaxation, branch is just like your home .. Anything do there,(eat,sleep,go outside) no one is present to interrupting you

Job security - Excellent

+2 more

Dislikes

No salary growth, no grade hike, no value of your intelligence,just work as per there policies whether you can perfom better by your own way

Skill development - Bad

+2 more

Branch Manager in Tiptur

Sales & Business Development Department

2.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

Skill development - Poor

+4 more

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The Muthoot Group Collection Associate Salary FAQs

What is the salary of Collection Associate at The Muthoot Group ?

The average salary of a Collection Associate at The Muthoot Group in India typically ranges from ₹1.6 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Collection Associate at The Muthoot Group earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Collection Associate Salaries at The Muthoot Group can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 The Muthoot Group employees in India.

What is the estimated take home salary of a Collection Associate at The Muthoot Group in India?

The estimated take-home salary of a Collection Associate at The Muthoot Group in India typically ranges from ₹14,793 to ₹16,343 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Muthoot Group for Collection Associate in India?

JPMorgan Chase & Co.	₹5.0 Lakhs to ₹10.0 Lakhs per year
HSBC Group	₹2.1 Lakhs to ₹5.8 Lakhs per year
Aditya Birla Capital	₹3.3 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
Cholamandalam Investment & Finance	₹1.8 Lakhs to ₹2.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.

How the salary growth look like for a Collection Associate at The Muthoot Group in India?

The salary growth for a Collection Associate at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Collection Associate can expect the following growth trajectory at The Muthoot Group:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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The Muthoot Group Collection Associate Salaries by Location

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The Muthoot Group Collection Associate Salaries

The Muthoot Group Collection Associate salary in India ranges between ₹1.6 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 The Muthoot Group latest salaries received from various employees of The Muthoot Group.

The Muthoot Group Collection Associate salaries in India

Companies similar to The Muthoot Group for Collection Associate

Latest annual salaries shared by The Muthoot Group Collection Associate

Experience wise The Muthoot Group Collection Associate salaries

Similar Designation salaries in The Muthoot Group

Salary related reviews for The Muthoot Group

Branch Manager in Gadarwara

Branch Manager in Bangalore / Bengaluru

Relationship Executive in Ernakulam

Relationship Executive in Bareilly

Branch Manager in Tiptur

The Muthoot Group Collection Associate Salary FAQs

Tell us how to improve this page.

The Muthoot Group Collection Associate Salaries by Location