Muthoot Group Collection Associate Salaries by 5 Employees (Updated 2025)

1 - 3 years exp.

₹1.6 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

31% 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
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 51% more
HDFC Bank Collection Associate Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 15% more
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ICICI Bank Collection Associate Salary 1 - 9 years exp. (4 salaries)	₹2.1 L/yr - ₹5.4 L/yr 93% more
Kotak Mahindra Bank Collection Associate Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹3.6 L/yr 29% more
Tata Capital Collection Associate Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 52% more
Aditya Birla Capital Collection Associate Salary 4 - 9 years exp. (8 salaries)	₹3.3 L/yr - ₹3.8 L/yr 63% more
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 29% more
HSBC Group Collection Associate Salary 2 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹5.8 L/yr 92% more
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

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 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)	₹0.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 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

(32 salaries)

₹1.1 L/yr - ₹5.2 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)

₹1.8 L/yr - ₹2.3 L/yr

Sales Manager Salary

(7 salaries)

₹3.1 L/yr - ₹6.3 L/yr

Salary related reviews for The Muthoot Group

5.0

Rated by 1 employees for salary & benefits

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

Relationship Executive in Mangaluru

Other Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

Worst experience ...less salary and incentive ...only time convenient....if u did 2month notice period also you didn't get full salary..cheated bogus Company told employees to deduct customer money and do insurance ...too much unconditional targets.... Worst management....

Dislikes

Management doesn't respect to Employees.... Only target target target....toomuchh torcher...in my 4yr experience I got only 560rs increment....INI

Salary - Bad

+6 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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The Muthoot Group Collection Associate Salary FAQs

What is the salary of Collection Associate at Muthoot Group?

Collection Associate salary at Muthoot Group in India ranges between ₹1.6 Lakhs to ₹2.4 Lakhs for experience between 1 years to 3 years. According to our estimates it is 31% less than the average Collection Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Group India.

How does the salary of a Collection Associate at Muthoot Group India compare with the average salary range for this job?

The average salary of a Collection Associate at Muthoot Group is 31% less than the average salary of a Collection Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Group to a Collection Associate in India?

JPMorgan Chase & Co. Collection Associate Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Collection Associate Salary - ₹2.1 Lakhs to ₹5.4 Lakhs per year
HSBC Group Collection Associate Salary - ₹2.1 Lakhs to ₹5.8 Lakhs per year
Aditya Birla Capital Collection Associate Salary - ₹3.3 Lakhs to ₹3.8 Lakhs per year
Tata Capital Collection Associate Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Collection Associate in companies similar to Muthoot Group in India?

Shriram Finance Collection Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
L&T Finance Collection Associate Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindra Bank Collection Associate Salary - ₹2.3 Lakhs to ₹3.6 Lakhs per year
HDFC Bank Collection Associate Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year
Cholamandalam Investment & Finance Collection Associate Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Collection Associate at Muthoot Group ranges between ₹14,793 per month to ₹16,343 per month in India. The take-home salary calculation is based on the average Muthoot Group Collection Associate salary in India which ranges between ₹1.6 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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The Muthoot Group Collection Associate Salaries by Location

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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 Muthoot Group Collection Associate salaries

Similar Designation salaries in The Muthoot Group

Salary related reviews for The Muthoot Group

Branch Manager in Bangalore / Bengaluru

Relationship Executive in Ernakulam

Relationship Executive in Bareilly

Branch Manager in Tiptur

Relationship Executive in Mangaluru

The Muthoot Group Collection Associate Salary FAQs

Tell us how to improve this page.

The Muthoot Group Collection Associate Salaries by Location