Muthoot Homefin India Collection Associate Salaries by 10+ Employees (Updated 2025)

2 - 8 years exp.

₹1.5 Lakh - ₹3.4 Lakhs

Salary of majority employees

20% less than the average Collection Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Associate Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr
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Finance & Accounting Collection Associate Salary 4 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹3.4 L/yr

Last Updated: 23 Feb 2025

Companies similar to Muthoot Homefin India for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (343 salaries)	₹1.7 L/yr - ₹4.7 L/yr 26% more	4 job openings
Vivifi India Finance Collection Associate Salary 0 - 3 years exp. (165 salaries)	₹2.2 L/yr - ₹3.8 L/yr 16% more
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DCB Bank Collection Associate Salary 3 - 9 years exp. (53 salaries)	₹2.2 L/yr - ₹4.3 L/yr 32% more
Home Credit Finance Collection Associate Salary 1 - 7 years exp. (32 salaries)	₹1.4 L/yr - ₹3.5 L/yr At par
Money View Collection Associate Salary 1 - 6 years exp. (29 salaries)	₹2 L/yr - ₹3.7 L/yr 1% more

Collection Associate salary at Muthoot Homefin India ranges between ₹1.5 Lakh to ₹3.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Homefin India.

Experience wise Muthoot Homefin India Collection Associate salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹2 L/yr - ₹4.5 L/yr
3 years (3 salaries)	₹1.5 L/yr - ₹3.2 L/yr
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4 years (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr

View all

Similar Designation salaries in Muthoot Homefin India

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Collection Officer Salary

(5 salaries)

₹2.35 L/yr - ₹2.55 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Relationship Manager Salary

(52 salaries)

₹2.55 L/yr - ₹4.8 L/yr

Sales Executive Salary

(3 salaries)

₹2.4 L/yr - ₹3.8 L/yr

Relationship Officer Salary

(89 salaries)

₹1.8 L/yr - ₹4 L/yr

Sales Officer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Sales Manager Salary

(77 salaries)

₹3.4 L/yr - ₹9.26 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Muthoot Homefin India

4.1

Rated by 6 employees for salary & benefits

Collections Manager in Ahmedabad

BFSI, Investments & Trading Department

3.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good Compensation & Owners ( Muthoot Family) of company.

Salary - Excellent

+1 more

Dislikes

Un-experience senior management. Most of them don't deserve a entry level position. They get these positions by using personal relationships not get on basis of their abilities or work experience.

Skill development - Bad

+2 more

Credit Executive in Mumbai

Home Loan Department

2.0

• posted on 21 Nov 2020

1.0

for Salary and Benefits

Likes

...e is balanced here except month end and JFM. Superior are good. (In my case). Gets salary on time.

Skill development - Good

Dislikes

Company management is focusing only on profits they have nothing to do with employees growth. HR functions is rediculous. Huge communication gap. Salary and other benefits for ofroll employees are like peanuts. Ofroll employees are barely get chance for onroll even after hard work.

Salary - Bad

+4 more

Cluster Manager - Sales in Indore

Finance & Accounting Department

1.0

• posted on 25 Jun 2020

1.0

for Salary and Benefits

Likes

...ovid- 19 company is not provide the support and call me to put your resignation. Nil support salary is also debited and As well as salary is not provide

Dislikes

Working, HR Policies is not good also not provide any facilities to employees. Salary not credit on time.

Salary - Bad

+6 more

Credit Officer in Bangalore / Bengaluru

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2020

4.0

for Salary and Benefits

Likes

... it is given me excellent opportunity to learn and to acquire more knowledge. They supported in me for working at home and provided me salary during civid19 Lockdown.

Salary - Good

+6 more

Dislikes

Nothing

Legal Associate in Jaipur

Legal & Regulatory Department

4.0

• posted on 18 Aug 2018

1.0

for Salary and Benefits

Likes

I love the company's work culture. One can manage his social life as well as professional.

Work-life balance - Good

Dislikes

Poor HR policy. No bonus for back office support at Associate level. Poor Appraisal.No medical claims. No training for new employee. Very bad software and No I.T. Support for back up. No Internal growth.

Salary - Bad

+1 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Homefin India Collection Associate Salary FAQs

What is the salary of Collection Associate at Muthoot Homefin India ?

The average salary of a Collection Associate at Muthoot Homefin India in India typically ranges from ₹1.5 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Collection Associate at Muthoot Homefin India earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Collection Associate Salaries at Muthoot Homefin India 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 10+ Muthoot Homefin India employees in India.

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

The estimated take-home salary of a Collection Associate at Muthoot Homefin India in India typically ranges from ₹17,498 to ₹19,198 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 8 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 10+ salaries received from various employees of Muthoot Homefin India. Check how we calculate in-hand salary with our in-hand salary calculator.

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

DCB Bank	₹2.2 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
Vivifi India Finance	₹2.2 Lakhs to ₹3.8 Lakhs per year
Money View	₹2.0 Lakhs to ₹3.7 Lakhs per year

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

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

The salary of a Collection Associate at companies similar to Muthoot Homefin India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Home Credit Finance

₹1.4 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹4.5 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.2 Lakhs to ₹3.2 Lakhs per year
5 years	₹1.9 Lakhs to ₹4.5 Lakhs per year

and so on.

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Muthoot Homefin India Collection Associate Salaries

Muthoot Homefin India Collection Associate salary in India ranges between ₹1.5 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.