Muthoot Microfin Collection Officer Salaries by 6 Employees (Updated 2025)

1 - 4 years exp.

₹2.1 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Collection Officer Salary in NBFC Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 26 Dec 2024

Companies similar to Muthoot Microfin for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Collection Officer Salary 1 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹2.1 L/yr 20% less
Ujjivan Financial Services Collection Officer Salary 1 - 7 years exp. (38 salaries)	₹1.9 L/yr - ₹4.1 L/yr 13% more
Login to view exact salary
Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹3.5 L/yr 2% more
Equitas Small Finance Bank Collection Officer Salary 3 - 8 years exp. (37 salaries)	₹1.4 L/yr - ₹3.5 L/yr 4% more
Jana Small Finance Bank Collection Officer Salary 0 - 7 years exp. (239 salaries)	₹1.3 L/yr - ₹4 L/yr At par
Svatantra Microfin Collection Officer Salary 0 - 1 year exp. (4 salaries)	₹1.6 L/yr - ₹2.2 L/yr 17% less
Annapurna Finance Collection Officer Salary 1 - 11 years exp. (13 salaries)	₹2.4 L/yr - ₹3.6 L/yr 23% more
CreditAccess Grameen Collection Officer Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.4 L/yr 24% less
Utkarsh Small Finance Bank Collection Officer Salary 1 - 7 years exp. (92 salaries)	₹1.4 L/yr - ₹4.6 L/yr 12% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (678 salaries)	₹1 L/yr - ₹4.5 L/yr 1% less	1 job opening
L&T Finance Collection Officer Salary 1 - 7 years exp. (341 salaries)	₹1.2 L/yr - ₹3.9 L/yr 5% less
Login to view exact salary
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (213 salaries)	₹1.1 L/yr - ₹5.6 L/yr 46% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (144 salaries)	₹1.5 L/yr - ₹4.5 L/yr 14% more
SMFG India Credit Collection Officer Salary 0 - 6 years exp. (93 salaries)	₹1 L/yr - ₹4.5 L/yr 18% more
IIFL Finance Collection Officer Salary 0 - 7 years exp. (62 salaries)	₹1.8 L/yr - ₹4.2 L/yr 26% more	1 job opening
TVS Credit Collection Officer Salary 3 - 8 years exp. (36 salaries)	₹1.5 L/yr - ₹4.6 L/yr 19% more
Aditya Birla Finance Collection Officer Salary 1 - 9 years exp. (48 salaries)	₹2.5 L/yr - ₹5.2 L/yr 63% more
Home Credit Finance Collection Officer Salary 0 - 9 years exp. (48 salaries)	₹1.5 L/yr - ₹3.6 L/yr 6% less
Shriram Finance Collection Officer Salary 1 - 9 years exp. (44 salaries)	₹1.9 L/yr - ₹4.5 L/yr 26% more
Tata Motors Finance Collection Officer Salary 3 - 8 years exp. (38 salaries)	₹1.5 L/yr - ₹4 L/yr 9% less

View all

Collection Officer salary at Muthoot Microfin ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Collection Officer salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Microfin

Collections Manager Salary

(5 salaries)

₹4.8 L/yr - ₹6.2 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Relationship Officer Salary

(219 salaries)

₹1.3 L/yr - ₹3.51 L/yr

Field Officer Salary

(17 salaries)

₹1.65 L/yr - ₹2.65 L/yr

Recovery Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Officer Salary

(22 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Sales Executive Salary

(3 salaries)

₹1.6 L/yr - ₹2 L/yr

Top skills at Muthoot Microfin for Collection Officer

Collections Payment Collection Collection Management Sales Banking Recovery Go Getter Communication Skills

Salary related reviews for Muthoot Microfin

5.0

Rated by 3 employees for salary & benefits

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

Relationship Officer in Aluva

Operations Department

4.0

• posted on 21 May 2022

3.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

Skill development - Good

+4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Relationship Officer in Kundapura

Other Department

5.0

• posted on 19 Apr 2021

3.0

for Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

Salary - Bad

+4 more

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Collection Officer Salary FAQs

What is the salary of Collection Officer at Muthoot Microfin?

Collection Officer salary at Muthoot Microfin in India ranges between ₹2.1 Lakhs to ₹2.6 Lakhs for experience between 1 years to 4 years. According to our estimates it is 10% less than the average Collection Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Collection Officer at Muthoot Microfin is 10% less than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Officer at Muthoot Microfin?

Collections, Payment Collection, Collection Management, Sales and Banking are some of the popular skills required to work as a Collection Officer at Muthoot Microfin India.

Which similar companies are paying more than Muthoot Microfin to a Collection Officer in India?

Aditya Birla Finance Collection Officer Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Collection Officer Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.2 Lakhs per year

What is the salary of a Collection Officer in companies similar to Muthoot Microfin in India?

Annapurna Finance Collection Officer Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
TVS Credit Collection Officer Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
Arohan Financial Services Collection Officer Salary - ₹1.9 Lakhs to ₹3.8 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Collection Officer at Muthoot Microfin ranges between ₹17,076 per month to ₹18,783 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Collection Officer salary in India which ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at Muthoot Microfin?

According to AmbitionBox, 42% of the Muthoot Microfin Collection Officers reported a notice period of 3 Months, 25% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Collection Officer Salaries by Location

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Muthoot Microfin Collection Officer Salaries

Muthoot Microfin Collection Officer salary in India ranges between ₹2.1 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Collection Officer salaries in India

Companies similar to Muthoot Microfin for Collection Officer

Latest annual salaries shared by Muthoot Microfin Collection Officer

Experience wise Muthoot Microfin Collection Officer salaries

Similar Designation salaries in Muthoot Microfin

Top skills at Muthoot Microfin for Collection Officer

Salary related reviews for Muthoot Microfin

Relationship Officer (working remotely)

Relationship Officer in Aluva

Relationship Officer in Kundapura

Relationship Officer in Nimbahera

Manager in Sangli

Muthoot Microfin Collection Officer Salary FAQs

Tell us how to improve this page.

Muthoot Microfin Collection Officer Salaries by Location