Muthoot Money Area Recovery Manager Salaries by 4 Employees (Updated 2024)

10 - 15 years exp.

₹7.5 Lakhs - ₹11.4 Lakhs

Salary of majority employees

At par with the average Area Recovery Manager Salary in Financial Services Companies for 10 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Recovery Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.9 L/yr
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Finance & Accounting Area Recovery Manager Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹11.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Muthoot Money for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Recovery Manager Salary 12 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹13 L/yr 25% more
Cholamandalam Investment & Finance Area Recovery Manager Salary 5 - 11 years exp. (7 salaries)	₹5.7 L/yr - ₹9.3 L/yr 24% less
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Edelweiss Area Recovery Manager Salary 15 - 16 years exp. (4 salaries)	₹10.7 L/yr - ₹11 L/yr 23% more
Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr 23% more
IDFC FIRST Bank Area Recovery Manager Salary 7 - 16 years exp. (10 salaries)	₹9.5 L/yr - ₹16.5 L/yr 48% more

Area Recovery Manager salary at Muthoot Money ranges between ₹7.5 Lakhs to ₹11.4 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money Area Recovery Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr

Similar Designation salaries in Muthoot Money

Area Collection Manager Salary

(3 salaries)

₹7 L/yr - ₹10 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Branch Manager Salary

(10 salaries)

₹3.1 L/yr - ₹6 L/yr

Collections Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Cluster Manager Salary

(4 salaries)

₹9.45 L/yr - ₹12 L/yr

Deputy Manager Salary

(6 salaries)

₹5.3 L/yr - ₹9 L/yr

Relationship Manager Salary

(4 salaries)

₹2.5 L/yr - ₹2.9 L/yr

Zonal Collection Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

(3 salaries)

₹3 L/yr - ₹8.6 L/yr

Salary related reviews for Muthoot Money

Sales Manager in Kancheepuram

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Carriers Spoil this company last 3month Future spoil in company not sitting in office. Waste of reporting manager

Dislikes

EMPOLYEE not safety and salary issue. reporting manager Communication Nil not supported. . Wrost of company totally waste of company

Operations in Hyderabad / Secunderabad

Operations Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

HR policy very worst, offer letter and take home completely different ex. package,is 2.5lkahs,but we get just 2.2 lakhs waste company.

Dislikes

No Growth, we Technology software not there complete manual process, everyone HOD feel like MD.

Cluster Manager-Banking Operations in Vijayawada

Full Time

Marketing & Communication Department

2.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

There is no job security, In carona first phase 120 employees jobs as taken suddenly, And remaining employees paid May salary and not paid April20 salary, Even in second wave may21 month paid 60% salary

Dislikes

Even carona situatuons, Thumb is manadatory for attendance and cant respect emoloyees, Cant pay salaries and conveyances properly

Assistant Manager O&M in Madurai (working remotely)

Full Time

Other Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Dislikes

No one's not giving to proper training Not supporting to higher level staffs Appraisal trying not properly to given all. Very worst training with in 8hrs training and not giving to training certificate. After some error or some problem no one other carrying

HR Executive Recruiter in Hyderabad / Secunderabad

Full Time

Human Resources Department

1.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

I don't like anything in muthoot, they treat their employees like a slave, there is no respect at all. And your openion is not considered for any change of management. Boss culture is there.

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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 Money Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at Muthoot Money?

Area Recovery Manager salary at Muthoot Money in India ranges between ₹7.5 Lakhs to ₹11.4 Lakhs for experience between 10 years to 15 years. According to our estimates it is 2% more than the average Area Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Money India.

How does the salary of a Area Recovery Manager at Muthoot Money India compare with the average salary range for this job?

The average salary of a Area Recovery Manager at Muthoot Money is 2% more than the average salary of a Area Recovery Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Money to a Area Recovery Manager in India?

IDFC FIRST Bank Area Recovery Manager Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year
Bajaj Finance Area Recovery Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
Piramal Capital Housing Finance Area Recovery Manager Salary - ₹6.5 Lakhs to ₹13.2 Lakhs per year
Edelweiss Area Recovery Manager Salary - ₹10.7 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Area Recovery Manager in companies similar to Muthoot Money in India?

Cholamandalam Investment & Finance Area Recovery Manager Salary - ₹5.7 Lakhs to ₹9.3 Lakhs per year

What is the estimated take home salary of a Area Recovery Manager at Muthoot Money in India?

The estimated take-home salary of a Area Recovery Manager at Muthoot Money ranges between ₹64,447 per month to ₹66,090 per month in India. The take-home salary calculation is based on the average Muthoot Money Area Recovery Manager salary in India which ranges between ₹7.5 Lakhs to ₹11.4 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

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Muthoot Money Area Recovery Manager Salaries

Muthoot Money Area Recovery Manager salary in India ranges between ₹7.5 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Money latest salaries received from various employees of Muthoot Money.

Muthoot Money Area Recovery Manager salaries in India

Companies similar to Muthoot Money for Area Recovery Manager

Latest annual salaries shared by Muthoot Money Area Recovery Manager

Experience wise Muthoot Money Area Recovery Manager salaries

Similar Designation salaries in Muthoot Money

Salary related reviews for Muthoot Money

Sales Manager in Kancheepuram

Operations in Hyderabad / Secunderabad

Cluster Manager-Banking Operations in Vijayawada

Assistant Manager O&M in Madurai (working remotely)

HR Executive Recruiter in Hyderabad / Secunderabad

Muthoot Money Area Recovery Manager Salary FAQs

Tell us how to improve this page.