Motilal Oswal Financial Services Indore Area Manager Salaries by 10 Employees (Updated 2025)

0 - 6 years exp.

₹4.5 Lakhs - ₹7.5 Lakhs

Salary of majority employees

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43% less than the average Area Manager Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 1 - 5 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹6.7 L/yr
Finance & Accounting Area Manager Salary 2 - 4 years exp. (3 salaries)	Unlock ₹5.4 L/yr - ₹6.2 L/yr
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Sales & Business Development Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹7.5 L/yr

Last Updated: 21 Oct 2024

Companies similar to Motilal Oswal Financial Services for Area Manager in Indore

Motilal Oswal Financial Services Area Manager Salary

0 - 6 years exp. (10 salaries)

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₹4.5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Area Manager Salary 6 - 10 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹11.5 L/yr 43% more
Axis Bank Area Manager Salary 8 - 11 years exp. (3 salaries)	Unlock ₹6.1 L/yr - ₹9.5 L/yr 45% more
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Bajaj Finserv Area Manager Salary 5 - 11 years exp. (6 salaries)	Unlock ₹7 L/yr - ₹12 L/yr 71% more
Reliance Retail Area Manager Salary 10 - 16 years exp. (14 salaries)	Unlock ₹5 L/yr - ₹12 L/yr 63% more
HDB Financial Services Area Manager Salary 9 - 14 years exp. (11 salaries)	Unlock ₹6.9 L/yr - ₹12.5 L/yr 73% more	6 job openings

Area Manager salary at Motilal Oswal Financial Services ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Motilal Oswal Financial Services.

Experience wise Motilal Oswal Financial Services Area Manager salaries in Indore

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹10 L/yr
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2 years (3 salaries)	Unlock ₹4.5 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Motilal Oswal Financial Services

Sales Manager Salary

(6 salaries)

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₹4.7 L/yr - ₹7.3 L/yr

Territory Manager Salary

(6 salaries)

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₹3.5 L/yr - ₹6 L/yr

Team Lead Salary

(6 salaries)

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₹3.1 L/yr - ₹7 L/yr

Cluster Manager Salary

(3 salaries)

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₹7.5 L/yr - ₹9.35 L/yr

Area Sales Manager Salary

(3 salaries)

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₹5.5 L/yr - ₹9.24 L/yr

Top skills at Motilal Oswal Financial Services for Area Manager

Wealth Management PMS Mutual Funds Sales Relationship Management Area Management broking Investment Products Business Development Portfolio Management B2B Sales hni Finance Cross Selling Financial Markets

Salary related reviews for Motilal Oswal Financial Services

3.0

Rated by 1 employees for salary & benefits

Territory Sales Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 12 Dec 2024

3.0

for Salary and Benefits

Likes

1. Best learning environment 2. Supporting team members & reporting managers. 3. Growth mindset for business & in personal level 4. Work satisfaction & key focus on work life balance

Skill development - Excellent

+4 more

Dislikes

1. Base salary structure should be improved. 2. More dependent on variable pay/incentive 3. 2 years waiting period to get the promotion/role change.

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

Salary - Poor

+6 more

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 18 Dec 2023

3.0

for Salary and Benefits

Likes

Being always supportive nature here including managers, HRs. They keep motivating and focus on our work. our work is always been appreciated at MOFSL, also faced some challenges in work but with the help of seniors was able to overcome it. love to work at MOTILAL OSWAL Financial Services Limited.

Skill development - Excellent

+4 more

Dislikes

Nothing as of such, just salary hike is slow

Relationship Manager in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 May 2023

3.0

for Salary and Benefits

Likes

Management teams are good you will never face any kind of issue regarding your salary.

Promotions - Good

Dislikes

Maximum time politics you will face in every department and infront you they will be like all things are good but behind you they talk shit about you if you ask for any kind of help they will say yes and forget, you will never get any help for any things. Everyone wants to be boss here. Talking in a same tone every time and big big promises every were. Don't trust anyone here if you trust them in every manger. Then it's your fault in case of your manager or colleagues.

Work satisfaction - Poor

Sales Executive in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

5.0

for Salary and Benefits

Likes

Company is really very good... Staff like Hr admin security also fantastic... Salary is on time. paid leaves 45 in a year. Company also provide picnic facility, month's last Friday as fun Friday along with snacks, extra programs from HR team and big function on annual day.

Salary - Excellent

+1 more

Dislikes

If you wanna die then join thane branch of this company. Never logout on time, sometime 8.30 pm, sometimes 8pm and if your luck is with you then 7.30pm. working on Sunday, sometime working on companies holiday. In the morning if late for just 2min manager will give lecture minimum 30 min. He will compare you with everyone no matter how your performance is. And specially if you are Muslim no break for namaz on fridays. no early leave in ramzan month. According to him if you are keeping roja then you have to manage your own. No mercy.

Skill development - Poor

+4 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Motilal Oswal Financial Services Area Manager Salary FAQs

What is the salary of Area Manager at Motilal Oswal Financial Services Indore?

Area Manager salary at Motilal Oswal Financial Services in Indore ranges between ₹4.5 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 43% less than the average Area Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Motilal Oswal Financial Services Indore.

How does the salary of a Area Manager at Motilal Oswal Financial Services Indore compare with the average salary range for this job?

The average salary of a Area Manager at Motilal Oswal Financial Services is 43% less than the average salary of a Area Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Motilal Oswal Financial Services?

Wealth Management, PMS, Mutual Funds, Sales and Relationship Management are some of the popular skills required to work as a Area Manager at Motilal Oswal Financial Services Indore.

Which similar companies are paying more than Motilal Oswal Financial Services to a Area Manager in Indore?

HDB Financial Services Area Manager Salary - ₹6.9 Lakhs to ₹12.5 Lakhs per year
Bajaj Finserv Area Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Reliance Retail Area Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank Area Manager Salary - ₹6.1 Lakhs to ₹9.5 Lakhs per year
ICICI Bank Area Manager Salary - ₹5.5 Lakhs to ₹11.5 Lakhs per year

What is the estimated take home salary of a Area Manager at Motilal Oswal Financial Services in Indore?

The estimated take-home salary of a Area Manager at Motilal Oswal Financial Services ranges between ₹44,782 per month to ₹45,876 per month in Indore. The take-home salary calculation is based on the average Motilal Oswal Financial Services Area Manager salary in India which ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Motilal Oswal Financial Services in Indore?

According to AmbitionBox, 75% of the Motilal Oswal Financial Services Area Managers in Indore reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Motilal Oswal Financial Services Area Manager Salaries in Indore

Motilal Oswal Financial Services Area Manager salary in Indore ranges between ₹4.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.