Muthoot Microfin Chennai Collection Officer Salaries by 3 Employees

1 - 4 years exp.

₹2.4 Lakhs - ₹2.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Collection Officer Salary in NBFC Companies for 1 - 4 years of experience

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Last Updated: 26 Dec 2024

Companies similar to Muthoot Microfin for Collection Officer in Chennai

Muthoot Microfin Collection Officer Salary

1 - 4 years exp. (3 salaries)

₹2.4 L/yr - ₹2.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Officer Salary 0 - 6 years exp. (30 salaries)	₹1.2 L/yr - ₹3.8 L/yr 9% less	2 job openings
Bajaj Finance Collection Officer Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹5.6 L/yr 55% more
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Shriram Finance Collection Officer Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 39% more
SMFG India Credit Collection Officer Salary 4 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹3.7 L/yr 34% more
TVS Credit Collection Officer Salary 5 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 73% more
Annapurna Finance Collection Officer Salary 4 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 35% more

Collection Officer salary at Muthoot Microfin ranges between ₹2.4 Lakhs to ₹2.6 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 Microfin.

Experience wise Muthoot Microfin Collection Officer salaries in Chennai

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Muthoot Microfin

Relationship Officer Salary

(29 salaries)

₹1.8 L/yr - ₹3.07 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 1 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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Microfin Collection Officer Salary FAQs

How the salary growth look like for a Collection Officer at Muthoot Microfin in Chennai?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Muthoot Microfin Collection Officer Salaries in Chennai

Muthoot Microfin Collection Officer salary in Chennai ranges between ₹2.4 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.