Muthoot Pappachan Group Area Recovery Manager Salaries by 3 Employees (Updated 2025)

4 - 7 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Area Recovery Manager Salary in Financial Services Companies for 4 - 7 years of experience

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Last Updated: 24 Dec 2024

Companies similar to Muthoot Pappachan Group 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 201% more
Cholamandalam Investment & Finance Area Recovery Manager Salary 5 - 11 years exp. (7 salaries)	₹5.7 L/yr - ₹9.3 L/yr 83% more
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Edelweiss Area Recovery Manager Salary 15 - 16 years exp. (4 salaries)	₹10.7 L/yr - ₹11 L/yr 196% more
Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr 197% more
Muthoot Fincorp Area Recovery Manager Salary 5 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 15% more

Area Recovery Manager salary at Muthoot Pappachan Group ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Area Recovery Manager salaries

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Muthoot Pappachan Group

Area Collection Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Area Manager Salary

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Collections Manager Salary

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Deputy Manager Salary

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Relationship Manager Salary

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₹2.2 L/yr - ₹3.2 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

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₹4.05 L/yr - ₹20.01 L/yr

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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Muthoot Pappachan Group

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Salary - Excellent

+6 more

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Skill development - Good

+2 more

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Promotions - Bad

+1 more

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Company culture - Excellent

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

Skill development - Bad

+2 more

IT Engineer in Thiruvananthapuram

Information Technology Department

1.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

Company is good

Company culture - Good

Dislikes

Very less pay and compensation, except that Orion application team all other team members are good, for biotechnology students they normally give software engineer roles, for M. Tech graduates they use to give support role in non technical side, because their standards are like that, substandard company in technopark trivandrum

Salary - Bad

+4 more

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

Salary - Bad

+5 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Pappachan Group Area Recovery Manager Salary FAQs

What is the notice period for Area Recovery Manager at Muthoot Pappachan Group?

According to AmbitionBox, 67% of the Muthoot Pappachan Group Area Recovery Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Pappachan Group Area Recovery Manager Salaries

Muthoot Pappachan Group Area Recovery Manager salary in India ranges between ₹3.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.