Muthoot Microfin Collections Manager Salaries by 5 Employees

12 - 14 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹5.4 Lakhs

Variable (0%)

₹0.0

At par with the average Collections Manager Salary in NBFC Companies for 12 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collections Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.5 L/yr
Sales & Business Development Collections Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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Risk Management & Compliance Collections Manager Salary 13 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 25 Nov 2024

Companies similar to Muthoot Microfin for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Collections Manager Salary 2 - 17 years exp. (3 salaries)	₹6.1 L/yr - ₹8 L/yr 25% more
Ujjivan Financial Services Collections Manager Salary 5 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 23% less	2 job openings
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Satin Creditcare Network Collections Manager Salary 9 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹8.6 L/yr 6% less
Equitas Small Finance Bank Collections Manager Salary 3 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 29% less
Jana Small Finance Bank Collections Manager Salary 3 - 11 years exp. (62 salaries)	₹2 L/yr - ₹5.7 L/yr 30% less
Annapurna Finance Collections Manager Salary 5 - 8 years exp. (4 salaries)	₹4.2 L/yr - ₹5.4 L/yr 2% less
CreditAccess Grameen Collections Manager Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 58% less
Utkarsh Small Finance Bank Collections Manager Salary 2 - 11 years exp. (22 salaries)	₹2.2 L/yr - ₹6.5 L/yr 27% less
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (339 salaries)	₹1.2 L/yr - ₹7.8 L/yr 11% less
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (316 salaries)	₹2.8 L/yr - ₹9 L/yr 16% more	7 job openings
Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 29% less
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SMFG India Credit Collections Manager Salary 4 - 11 years exp. (191 salaries)	₹2 L/yr - ₹7.7 L/yr 11% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9.8 L/yr 12% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (140 salaries)	₹1.2 L/yr - ₹5.5 L/yr 46% less	1 job opening
Aditya Birla Finance Collections Manager Salary 0 - 9 years exp. (101 salaries)	₹3.6 L/yr - ₹9 L/yr 13% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (78 salaries)	₹3.2 L/yr - ₹6.6 L/yr 4% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 32% less
IIFL Finance Collections Manager Salary 3 - 10 years exp. (56 salaries)	₹2.8 L/yr - ₹7 L/yr 9% less
Tata Motors Finance Collections Manager Salary 4 - 11 years exp. (55 salaries)	₹2.2 L/yr - ₹5 L/yr 33% less
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	₹2.5 L/yr - ₹6.2 L/yr 26% less	1 job opening

View all

Collections Manager salary at Muthoot Microfin ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Collections Manager salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹4.8 L/yr
13 years (3 salaries)	₹4.8 L/yr - ₹5.5 L/yr
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14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr

Similar Designation salaries in Muthoot Microfin

Collection Officer Salary

(7 salaries)

₹2.34 L/yr - ₹2.64 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Manager Salary

(56 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹2 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

State Head Salary

(3 salaries)

₹10 L/yr - ₹21 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Top skills at Muthoot Microfin for Collections Manager

Collection Management Debt Recovery Interpersonal Skills Analytical skills Debt Management Team Management Banking MIS Agency Channel Collections Strategy Pivot Table Collections Microfinance NBFC Process Management

Salary related reviews for Muthoot Microfin

5.0

Rated by 2 employees for salary & benefits

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.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2023

1.0

for Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

Job security - Good

+2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Salary - Bad

+2 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Microfin Collections Manager Salary FAQs

What is the salary of Collections Manager at Muthoot Microfin ?

The average salary of a Collections Manager at Muthoot Microfin in India typically ranges from ₹4.8 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Collections Manager at Muthoot Microfin earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Collections Manager Salaries at Muthoot Microfin 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 Microfin employees in India.

What is the estimated take home salary of a Collections Manager at Muthoot Microfin in India?

The estimated take-home salary of a Collections Manager at Muthoot Microfin in India typically ranges from ₹40,777 to ₹41,931 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 12 years to 14 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 Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at Muthoot Microfin ?

To be a Collections Manager at Muthoot Microfin in india, the key skills required include:

- Collection Management
- Debt Recovery
- Interpersonal Skills
- Analytical skills
- Debt Management

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Microfin for Collections Manager in India?

SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion	₹6.1 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹2.8 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance	₹3.6 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹9.8 Lakhs per year

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

What is the salary of a Collections Manager in companies similar to Muthoot Microfin in India?

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

Annapurna Finance	₹4.2 Lakhs to ₹5.4 Lakhs per year
TVS Credit	₹3.2 Lakhs to ₹6.6 Lakhs per year
Satin Creditcare Network	₹3.8 Lakhs to ₹8.6 Lakhs per year
Aye Finance	₹3.5 Lakhs to ₹6.8 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹7.0 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 Collections Manager at Muthoot Microfin in India?

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

Experience	Average Salary Range
12 years	₹4.8 Lakhs to ₹4.8 Lakhs per year
13 years	₹4.8 Lakhs to ₹5.5 Lakhs per year
14 years	₹2.4 Lakhs to ₹6.2 Lakhs per year

and so on.

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Muthoot Microfin Collections Manager Salaries

Muthoot Microfin Collections Manager salary in India ranges between ₹4.8 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.