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Muthoot Fincorp Collections Manager salaries in India (Updated 2025)

Annual salary range
4 - 11 years exp.
₹2.7 Lakhs - ₹6.8 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Collections Manager Salary at Muthoot Fincorp ranges between ₹2.7 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 14 latest salaries received from... Read more

20% less than the average Collections Manager Salary in NBFC Companies for 4 - 11 years of experience

Interested in this particular role?

Last Updated: 3 Jun 2025

Companies similar to Muthoot Fincorp for Collections Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Collections Manager Salary

0 - 10 years exp. (353 salaries)

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₹2.6 L/yr - ₹7.8 L/yr

arrow icon 4% more
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HDB Financial Services Collections Manager Salary

2 - 17 years exp. (279 salaries)

unlock blur

₹4 L/yr - ₹9 L/yr

arrow icon 35% more
6 job openings
Login to view exact salary info icon
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SMFG India Credit Collections Manager Salary

4 - 10 years exp. (218 salaries)

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₹3 L/yr - ₹6.6 L/yr

arrow icon 10% more
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L&T Finance Collections Manager Salary

4 - 12 years exp. (184 salaries)

unlock blur

₹3.7 L/yr - ₹8.9 L/yr

arrow icon 34% more
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Mahindra Rural Housing Finance Collections Manager Salary

1 - 8 years exp. (131 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 40% less
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Kotak Mahindra Prime Collections Manager Salary

4 - 10 years exp. (111 salaries)

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₹3 L/yr - ₹8.1 L/yr

arrow icon 8% more
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (189 salaries)

unlock blur

₹2.2 L/yr - ₹6.5 L/yr

arrow icon 13% less
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TVS Credit Services Ltd Collections Manager Salary

2 - 12 years exp. (83 salaries)

unlock blur

₹3.2 L/yr - ₹6.5 L/yr

arrow icon 11% more
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (73 salaries)

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₹2 L/yr - ₹6.8 L/yr

arrow icon 14% less
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Sammaan Capital Limited Collections Manager Salary

2 - 14 years exp. (64 salaries)

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₹2.6 L/yr - ₹6.5 L/yr

At par
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IIFL Finance Collections Manager Salary

3 - 13 years exp. (57 salaries)

unlock blur

₹3.2 L/yr - ₹7.3 L/yr

arrow icon 11% more
Login to view exact salary info icon
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LendingKart Collections Manager Salary

3 - 15 years exp. (45 salaries)

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₹4 L/yr - ₹9.1 L/yr

arrow icon 39% more
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PNB Housing Finance Collections Manager Salary

0 - 12 years exp. (37 salaries)

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₹3.3 L/yr - ₹7.5 L/yr

arrow icon 2% less
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Tata Capital Housing Finance Collections Manager Salary

5 - 12 years exp. (32 salaries)

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₹5 L/yr - ₹9.5 L/yr

arrow icon 49% more
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Muthoot Finance Collections Manager Salary

3 - 11 years exp. (26 salaries)

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₹3.3 L/yr - ₹7 L/yr

arrow icon 8% more
11 job openings
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Poonawalla Fincorp Collections Manager Salary

6 - 16 years exp. (26 salaries)

unlock blur

₹3.8 L/yr - ₹9.1 L/yr

arrow icon 34% more
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SK Finance Limited Collections Manager Salary

0 - 19 years exp. (19 salaries)

unlock blur

₹4.1 L/yr - ₹11.7 L/yr

arrow icon 72% more
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Five-Star Business Finance Collections Manager Salary

3 - 10 years exp. (17 salaries)

unlock blur

₹3 L/yr - ₹5 L/yr

arrow icon 14% less
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Manappuram Finance Collections Manager Salary

1 - 14 years exp. (16 salaries)

unlock blur

₹3.1 L/yr - ₹6.5 L/yr

arrow icon 8% more
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Kogta Financial India Limited Collections Manager Salary

4 - 11 years exp. (11 salaries)

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₹4 L/yr - ₹9.3 L/yr

arrow icon 46% more
1 job opening
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Capri Global Capital Collections Manager Salary

4 - 9 years exp. (11 salaries)

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₹3.4 L/yr - ₹6.8 L/yr

arrow icon 10% more
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Muthoot Microfin Collections Manager Salary

8 - 14 years exp. (7 salaries)

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₹2.4 L/yr - ₹6.2 L/yr

arrow icon 6% more
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Bharat Financial Inclusion Collections Manager Salary

2 - 17 years exp. (4 salaries)

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₹4.6 L/yr - ₹9.7 L/yr

arrow icon 42% more
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Asirvad Microfinance Collections Manager Salary

2 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 51% less
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Ess Kay Fincorp Collections Manager Salary

3 - 9 years exp. (4 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 21% less
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CreditAccess Grameen Collections Manager Salary

0 - 5 years exp. (4 salaries)

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₹1.2 L/yr - ₹3.4 L/yr

arrow icon 44% less
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Satin Creditcare Network Collections Manager Salary

9 - 10 years exp. (3 salaries)

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₹3.8 L/yr - ₹7.6 L/yr

arrow icon 12% more
View all

Muthoot Fincorp Collections Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
Login to view exact salary info icon
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
7 years  (3 salaries)

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₹3.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
View all salaries by experience

Similar Designation Salaries at Muthoot Fincorp

Similar Designation Avg. annual salary
Collection Officer Salary
(9 salaries)
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₹2.2 L/yr - ₹2.9 L/yr

Area Collection Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹4 L/yr - ₹5.1 L/yr

Login to view exact salary info icon
Zonal Collection Manager Salary
(3 salaries)
unlock-blur

₹27 L/yr - ₹34.5 L/yr

Branch Collection Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹0.8 L/yr - ₹1 L/yr

Cluster Manager Salary
(14 salaries)
unlock-blur

₹4 L/yr - ₹10.5 L/yr

Relationship Manager Salary
(56 salaries)
unlock-blur

₹2.2 L/yr - ₹5 L/yr

Recovery Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹4.7 L/yr - ₹6 L/yr

Branch Manager Salary
(778 salaries)
unlock-blur

₹1.9 L/yr - ₹7.6 L/yr

Agency Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹2.3 L/yr - ₹3 L/yr

Area Manager Salary
(222 salaries)
unlock-blur

₹4 L/yr - ₹11.2 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Muthoot Fincorp

3.5

Rated by 6 employees for salary & benefits

Branch Manager in Patna

Full Time

 · 

Sales & Business Development Department

4.0
  •  updated on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Branch Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Branch Manager in Sulur

Full Time

 · 

Other Department

4.0
  •  updated on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

read more

Branch Manager in Agra

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Branch Manager in Kothagudem

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  updated on 02 Apr 2020

4.0
 for  Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

read more
see more salary related reviews
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Top Rated Large Company - 2025

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golden leaf award AmbitionBox awards

Top Rated Company for Women - 2025

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golden leaf award AmbitionBox awards

Top Rated Financial Services Company - 2025

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  • HQ - Trivandrum/Thiruvananthapuram, Kerala, India
  • NBFC
  • 10k-50k Employees (India)
  • Public
  • Financial Services

Muthoot Fincorp Collections Manager Salary FAQs

What is the salary of Collections Manager at Muthoot Fincorp ?
The average salary of a Collections Manager at Muthoot Fincorp in India typically ranges from ₹2.7 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Collections Manager at Muthoot Fincorp earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Collections Manager Salaries at Muthoot Fincorp 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 10+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Collections Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Collections Manager at Muthoot Fincorp in India typically ranges from ₹34,048 to ₹35,302 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 4 years to 11 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 10+ salaries received from various employees of Muthoot Fincorp. 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 Fincorp ?
To be a Collections Manager at Muthoot Fincorp in india, the key skills required include:

  • - Cash Collection
  • - Focus
  • - Training
  • - Monitoring
  • - Team Building

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Collections Manager in India?
SK Finance Limited ₹4.1 Lakhs to ₹11.7 Lakhs per year
Tata Capital Housing Finance ₹5.0 Lakhs to ₹9.5 Lakhs per year
Kogta Financial India Limited ₹4.0 Lakhs to ₹9.3 Lakhs per year
Bharat Financial Inclusion ₹4.6 Lakhs to ₹9.7 Lakhs per year
LendingKart ₹4.0 Lakhs to ₹9.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Collections Manager in companies similar to Muthoot Fincorp in India?
The salary of a Collections Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹4.0 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp ₹3.8 Lakhs to ₹9.1 Lakhs per year
L&T Finance ₹3.7 Lakhs to ₹8.9 Lakhs per year
Satin Creditcare Network ₹3.8 Lakhs to ₹7.6 Lakhs per year
TVS Credit Services Ltd ₹3.2 Lakhs to ₹6.5 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 Fincorp in India?
The salary growth for a Collections Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
4 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
5 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
7 years ₹3.3 Lakhs to ₹6.8 Lakhs per year
and so on.

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Muthoot Fincorp Collections Manager Salaries by Location

  • Muthoot Fincorp Collections Manager salaries in Coimbatore
  • Muthoot Fincorp Collections Manager salaries in New Delhi
  • Muthoot Fincorp Collections Manager salaries in Vapi
  • Muthoot Fincorp Collections Manager salaries in Bangalore / Bengaluru
  • Muthoot Fincorp Collections Manager salaries in Kochi
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  • Muthoot Fincorp Collections Manager salaries in Salem
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  • Muthoot Fincorp Collections Manager Salaries

Muthoot Fincorp Collections Manager salary in India ranges between ₹2.7 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

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Collections Manager Salary in India
based on 8.9k salaries
₹2.6 L/yr - ₹9.2 L/yr
20% less than the average Collections Manager Salary in India
View more details

Muthoot Fincorp Collections Manager Reviews and Ratings

based on 6 reviews

4.2/5

Rating in categories

3.4

Skill development

3.8

Work-life balance

3.5

Salary

3.8

Job security

3.6

Company culture

3.5

Promotions

3.6

Work satisfaction

Explore 6 Reviews and Ratings
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Notice Period for Collections Manager at Muthoot Fincorp

based on 11 responses

3 Months
55%
1 Month
27%
More than 3 months
18%
View all
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