Muthoot Homefin India Collection Officer Salaries by 5 Employees

3 - 6 years exp.

₹2.4 Lakhs - ₹2.6 Lakhs

Salary of majority employees

10% less than the average Collection Officer Salary in Investment Banking / Venture Capital / Private Equity Companies for 3 - 6 years of experience

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Last Updated: 20 May 2023

Companies similar to Muthoot Homefin India for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Fortune Financial Services Collection Officer Salary 1 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 2% less
Cholamandalam Securities Collection Officer Salary 0 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 22% more
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Belstar Investment and Finance Collection Officer Salary 2 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr At par
Debtcare Enterprises Collection Officer Salary 1 - 7 years exp. (3 salaries)	₹1.9 L/yr - ₹2.7 L/yr 11% less
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (800 salaries)	₹1 L/yr - ₹4.5 L/yr 1% less

Collection Officer salary at Muthoot Homefin India ranges between ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Homefin India.

Experience wise Muthoot Homefin India Collection Officer salaries

Last Updated: 20 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Muthoot Homefin India

Collections Manager Salary

(7 salaries)

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Senior Collection Officer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Collection Associate Salary

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₹1.5 L/yr - ₹3.36 L/yr

Sales Officer Salary

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₹2 L/yr - ₹3.5 L/yr

Relationship Officer Salary

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₹1.8 L/yr - ₹4 L/yr

Recovery Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Area Collection Manager Salary

(3 salaries)

₹8.9 L/yr - ₹11.5 L/yr

Sales Manager Salary

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₹3.4 L/yr - ₹9.26 L/yr

Sales Executive Salary

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₹2.4 L/yr - ₹3.8 L/yr

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₹5.35 L/yr - ₹6.75 L/yr

Salary related reviews for Muthoot Homefin India

3.0

Rated by 1 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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Muthoot Homefin India Collection Officer Salary FAQs

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

The average salary of a Collection Officer at Muthoot Homefin India in India typically ranges from ₹2.4 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collection Officer at Muthoot Homefin India earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Collection Officer 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 5 Muthoot Homefin India employees in India.

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

The estimated take-home salary of a Collection Officer at Muthoot Homefin India in India typically ranges from ₹17,140 to ₹18,845 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 3 years to 6 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 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 Officer in India?

Cholamandalam Securities	₹2.6 Lakhs to ₹3.5 Lakhs per year
Belstar Investment and Finance	₹2.0 Lakhs to ₹3.0 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 Officer in companies similar to Muthoot Homefin India in India?

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

HDB Financial Services	₹1.0 Lakhs to ₹4.5 Lakhs per year
Fortune Financial Services	₹1.8 Lakhs to ₹3.2 Lakhs per year
Debtcare Enterprises	₹1.9 Lakhs to ₹2.7 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 Officer at Muthoot Homefin India in India?

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

Experience	Average Salary Range
3 years	₹1.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.4 Lakhs to ₹2.5 Lakhs per year
5 years	₹2.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹2.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Muthoot Homefin India Collection Officer Salaries

Muthoot Homefin India Collection Officer salary in India ranges between ₹2.4 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.