Muthoot Capital Services Sales Associate Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹2.5 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

Fixed (82%)

₹2.1 Lakhs

Variable (18%)

₹0.4 Lakh

21% less than the average Sales Associate Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Marketing & Communication Sales Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Sales Associate Salary 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
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Finance & Accounting Sales Associate Salary 6 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 28 Jan 2025

Companies similar to Muthoot Capital Services for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Sales Associate Salary 0 - 6 years exp. (82 salaries)	₹1.4 L/yr - ₹4 L/yr 10% more
Aditya Birla Capital Sales Associate Salary 1 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹3.4 L/yr 19% more
Login to view exact salary
Sharekhan Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr 27% more	1 job opening
Bajaj Capital Sales Associate Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 28% less	1 job opening
JM Financial Sales Associate Salary 0 - 7 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 117% more
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	₹6 L/yr - ₹6.4 L/yr 146% more
MSCI Sales Associate Salary 4 - 9 years exp. (3 salaries)	₹16 L/yr - ₹22 L/yr 611% more
Religare Sales Associate Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4.2 L/yr 46% more

Sales Associate salary at Muthoot Capital Services ranges between ₹2.5 Lakhs to ₹2.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Capital Services.

Experience wise Muthoot Capital Services Sales Associate salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Muthoot Capital Services

Sales Executive Salary

(24 salaries)

₹1.1 L/yr - ₹2.76 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Manager Salary

(3 salaries)

₹4.03 L/yr - ₹4.25 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

(5 salaries)

₹1.8 L/yr - ₹2.74 L/yr

Area Sales Manager Salary

(17 salaries)

₹5 L/yr - ₹11 L/yr

Deputy Manager Salary

(10 salaries)

₹5.48 L/yr - ₹7.88 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2.05 L/yr - ₹5.4 L/yr

Senior Sales Executive Salary

(6 salaries)

₹2.05 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(7 salaries)

₹2.98 L/yr - ₹5 L/yr

Salary related reviews for Muthoot Capital Services

Business Development And Sales Executive in Vidisha

Full Time

Finance & Accounting Department

2.0

• posted on 31 Jan 2025

2.0

for Salary and Benefits

Likes

MCSL work policy are very best

Work satisfaction - Good

Dislikes

organization not promoted employees and salary not increase im working with MCSL last 1.5 year but organization not promoted me and not increase salary and i m best performer in madhya pradesh my overal average productivity almost 25+ in two wheeler vertical

Salary - Poor

+3 more

Counter Sales Executive in Shivamogga

Full Time

Counter sales executive Department

1.0

• posted on 10 Dec 2022

1.0

for Salary and Benefits

Likes

Worst , there is no hike no bonus sorry they give bonus only 5700 3700 like this , no growth lot of cuttoffs in payslip they use employees like slave example they told make 15 sales we will give incentive after we achieve they told terms and conditions and not pay incentive if we asked y they told they didn't pay first emi they didn't pay 3rd emi they are not registered like that and without intimation they play a game on our payslip like they mention taken advance salary like that

Job security - Good

Dislikes

Worst company Zero growth No appraisal No hike Fake incentive slabs It's not for hardworker it's only just who won't job this type of guy only join this company

Salary - Bad

+4 more

Credit Officer in Hubli

Credit Operation Department

2.0

• posted on 31 Jan 2022

1.0

for Salary and Benefits

Likes

Office timings good but work related total haresh ment and senior toucher and new national head is terrible speaking and raude Sam to remove employees and saying if u nit resign i will terminate u and our senior manager also not supportive in karnataka team

Dislikes

...ood growth before after the national head and ceo change company became totally worst now salary growth zero bonus zero totally they have been spoiled this company name and fame in less salary lots of cutt off in salary totaly worst company became now

Salary - Bad

+5 more

Deputy Collections Manager in Nagapattinam

Collection Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

... have culture. I identify lord of integrity issue from collection agency side .No skill development and no learning I not have any compensation and benefits.no job security because of I resigned my job.no career growth many time my reporting Boss asking to me resign my job.

Dislikes

No words

Salary - Bad

+6 more

Collection's in Ballari

Collection Department

3.0

• posted on 10 May 2018

3.0

for Salary and Benefits

Likes

Work free, anual appraisal doing branch network is good

Skill development - Good

+1 more

Dislikes

Not supported to employees, also less salary benefits, there is no customer services in regional Wise focusing only sales, there is no quality of customer's. Negative are funding,

Promotions - Bad

+2 more

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Muthoot Capital Services Sales Associate Salary FAQs

What is the salary of Sales Associate at Muthoot Capital Services ?

The average salary of a Sales Associate at Muthoot Capital Services in India typically ranges from ₹2.5 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Associate at Muthoot Capital Services earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Sales Associate Salaries at Muthoot Capital Services 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 4 Muthoot Capital Services employees in India.

What is the estimated take home salary of a Sales Associate at Muthoot Capital Services in India?

The estimated take-home salary of a Sales Associate at Muthoot Capital Services in India typically ranges from ₹17,743 to ₹19,440 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of Muthoot Capital Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Capital Services for Sales Associate in India?

MSCI	₹16.0 Lakhs to ₹22.0 Lakhs per year
Edelweiss	₹6.0 Lakhs to ₹6.4 Lakhs per year
JM Financial	₹4.0 Lakhs to ₹8.0 Lakhs per year
Religare	₹2.0 Lakhs to ₹4.2 Lakhs per year
Sharekhan	₹2.6 Lakhs to ₹3.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Capital Services, depending on the role and experience level.

What is the salary of a Sales Associate in companies similar to Muthoot Capital Services in India?

The salary of a Sales Associate at companies similar to Muthoot Capital Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital	₹2.8 Lakhs to ₹3.4 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹4.0 Lakhs per year
Bajaj Capital	₹1.5 Lakhs to ₹2.4 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 Sales Associate at Muthoot Capital Services in India?

The salary growth for a Sales Associate at Muthoot Capital Services depends on factors such as experience, performance, and promotions. On average, a Sales Associate can expect the following growth trajectory at Muthoot Capital Services:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
6 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Muthoot Capital Services Sales Associate Salaries

Muthoot Capital Services Sales Associate salary in India ranges between ₹2.5 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Capital Services latest salaries received from various employees of Muthoot Capital Services.