Muthoot Homefin India Mumbai Collection Associate Salaries by 3 Employees (Updated 2024)

1 - 4 years exp.

₹2.4 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Collection Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 1 - 4 years of experience

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Last Updated: 6 Sep 2023

Companies similar to Muthoot Homefin India for Collection Associate in Mumbai

Muthoot Homefin India Collection Associate Salary

1 - 4 years exp. (3 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Collection Associate Salary 4 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 38% more
HDB Financial Services Collection Associate Salary 0 - 11 years exp. (52 salaries)	₹2.1 L/yr - ₹4.2 L/yr 22% more	2 job openings
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First Credit Services Collection Associate Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 34% more
DCB Bank Collection Associate Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 33% more
Kissht Finance Collection Associate Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.6 L/yr 21% less

Collection Associate salary at Muthoot Homefin India ranges between ₹2.4 Lakhs to ₹3.2 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 Homefin India.

Experience wise Muthoot Homefin India Collection Associate salaries in Mumbai

Last Updated: 6 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr

Similar Designation salaries in Muthoot Homefin India

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.42 L/yr

Salary related reviews for Muthoot Homefin India

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.

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.

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.

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.

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.

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.

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Homefin India Collection Associate Salary FAQs

What is the notice period for Collection Associate at Muthoot Homefin India in Mumbai?

According to AmbitionBox, 50% of the Muthoot Homefin India Collection Associates in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Homefin India Collection Associate Salaries in Mumbai

Muthoot Homefin India Collection Associate salary in Mumbai ranges between ₹2.4 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.