Muthoot Microfin Collections Manager Salaries by 5 Employees (Updated 2024)

12 - 14 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

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
Ujjivan Financial Services Collections Manager Salary 5 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 23% less	2 job openings
Satin Creditcare Network Collections Manager Salary 9 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹8.6 L/yr 6% less
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Equitas Small Finance Bank Collections Manager Salary 3 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 27% less
Jana Small Finance Bank Collections Manager Salary 1 - 13 years exp. (86 salaries)	₹1.8 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 - 7 years exp. (16 salaries)	₹2.2 L/yr - ₹4.5 L/yr 31% less
HDB Financial Services Collections Manager Salary 1 - 17 years exp. (306 salaries)	₹2 L/yr - ₹9 L/yr 14% more	3 job openings
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (263 salaries)	₹1.3 L/yr - ₹7.5 L/yr 17% less
Shriram Finance Collections Manager Salary 4 - 11 years exp. (191 salaries)	₹1.5 L/yr - ₹6 L/yr 24% less
SMFG India Credit Collections Manager Salary 4 - 12 years exp. (188 salaries)	₹2 L/yr - ₹7.7 L/yr 10% less
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L&T Finance Collections Manager Salary 4 - 12 years exp. (171 salaries)	₹2.4 L/yr - ₹9.8 L/yr 11% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 7 years exp. (127 salaries)	₹1.2 L/yr - ₹5.5 L/yr 50% less
Aditya Birla Finance Collections Manager Salary 0 - 11 years exp. (104 salaries)	₹3.9 L/yr - ₹9 L/yr 19% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (75 salaries)	₹1.5 L/yr - ₹5.5 L/yr 32% less
TVS Credit Collections Manager Salary 3 - 12 years exp. (73 salaries)	₹3.2 L/yr - ₹7 L/yr 4% less
IIFL Finance Collections Manager Salary 3 - 12 years exp. (60 salaries)	₹2.8 L/yr - ₹7.3 L/yr 13% less
Tata Motors Finance Collections Manager Salary 4 - 10 years exp. (50 salaries)	₹2.2 L/yr - ₹5 L/yr 33% less
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (34 salaries)	₹2.5 L/yr - ₹6.6 L/yr 26% less
Manappuram Finance Collections Manager Salary 2 - 15 years exp. (14 salaries)	₹3 L/yr - ₹6.5 L/yr 20% less

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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

(5 salaries)

₹2.1 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 - ₹2.4 L/yr

Branch Manager Salary

(105 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Manager Salary

(55 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Deputy Manager Salary

(25 salaries)

₹2.9 L/yr - ₹7.68 L/yr

Sales Executive Salary

(3 salaries)

₹1.6 L/yr - ₹2 L/yr

Team Lead Salary

(4 salaries)

₹2.85 L/yr - ₹3 L/yr

State Head Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 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 1 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.

Dislikes

My reporting persons behaviour was not good. Nothing else.

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

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

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.

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

Dislikes

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

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.

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Microfin Collections Manager Salary FAQs

What is the salary of Collections Manager at Muthoot Microfin?

Collections Manager salary at Muthoot Microfin in India ranges between ₹4.8 Lakhs to ₹6.2 Lakhs for experience between 12 years to 14 years. According to our estimates it is 2% less than the average Collections Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Collections Manager at Muthoot Microfin is 2% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Muthoot Microfin?

Collection Management, Debt Recovery, Interpersonal Skills, Analytical skills and Debt Management are some of the popular skills required to work as a Collections Manager at Muthoot Microfin India.

Which similar companies are paying more than Muthoot Microfin to a Collections Manager in India?

Aditya Birla Finance Collections Manager Salary - ₹3.9 Lakhs to ₹9.0 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.8 Lakhs per year

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

Annapurna Finance Collections Manager Salary - ₹4.2 Lakhs to ₹5.4 Lakhs per year
TVS Credit Collections Manager Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year
Satin Creditcare Network Collections Manager Salary - ₹3.8 Lakhs to ₹8.6 Lakhs per year
Satin Finserv Collections Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
Arohan Financial Services Collections Manager Salary - ₹3.7 Lakhs to ₹5.5 Lakhs per year

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 ranges between ₹40,777 per month to ₹41,931 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Collections Manager salary in India which ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 12 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Muthoot Microfin?

According to AmbitionBox, 50% of the Muthoot Microfin Collections Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.