Muthoot Money Recovery Officer Salaries by 3 Employees (Updated 2024)

0 - 2 years exp.

₹1.7 Lakh - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Recovery Officer Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

Engineering - Software & QA Recovery Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹1.8 L/yr
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BFSI, Investments & Trading Recovery Officer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Muthoot Money for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 78% more
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (104 salaries)	₹1.2 L/yr - ₹3.8 L/yr 36% more
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Bajaj Finance Recovery Officer Salary 0 - 6 years exp. (43 salaries)	₹1.8 L/yr - ₹4.3 L/yr 39% more
HDB Financial Services Recovery Officer Salary 0 - 6 years exp. (33 salaries)	₹1.4 L/yr - ₹3.1 L/yr 28% more
Mahindra Finance Recovery Officer Salary 2 - 9 years exp. (26 salaries)	₹1.8 L/yr - ₹3.2 L/yr 45% more
Cholamandalam Investment & Finance Recovery Officer Salary 1 - 8 years exp. (13 salaries)	₹2.2 L/yr - ₹3.7 L/yr 46% more
L&T Finance Recovery Officer Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 16% more
Edelweiss Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 76% more
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 98% more
Hitek Syndicate Recovery Officer Salary 2 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 41% more

Recovery Officer salary at Muthoot Money ranges between ₹1.7 Lakh to ₹2.1 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money Recovery Officer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Muthoot Money

Sales Officer Salary

(3 salaries)

₹1.6 L/yr - ₹1.9 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Relationship Officer Salary

(7 salaries)

₹1.8 L/yr - ₹2.77 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Deputy Manager Salary

(6 salaries)

₹5.3 L/yr - ₹9 L/yr

Sales Manager Salary

(20 salaries)

₹3 L/yr - ₹6.5 L/yr

Branch Manager Salary

(10 salaries)

₹3.1 L/yr - ₹6 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 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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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Muthoot Money Recovery Officer Salary FAQs

What is the notice period for Recovery Officer at Muthoot Money?

According to AmbitionBox, 100% of the Muthoot Money Recovery Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Money Recovery Officer Salaries

Muthoot Money Recovery Officer salary in India ranges between ₹1.7 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Money latest salaries received from various employees of Muthoot Money.