Muthoot Finance Area Business Manager Salaries by 2 Employees (Updated 2024)

11 - 12 years exp.

₹3.4 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Area Business Manager Salary 12 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
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Administration & Facilities Area Business Manager Salary 11 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 17 Mar 2023

Companies similar to Muthoot Finance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Area Business Manager Salary 3 - 12 years exp. (7 salaries)	₹2.6 L/yr - ₹6 L/yr 12% more
Bajaj Finance Area Business Manager Salary 3 - 9 years exp. (4 salaries)	₹10 L/yr - ₹12.3 L/yr 198% more
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HDFC Bank Area Business Manager Salary 2 - 17 years exp. (8 salaries)	₹3.8 L/yr - ₹9 L/yr 81% more
ICICI Bank Area Business Manager Salary 8 - 12 years exp. (7 salaries)	₹6.5 L/yr - ₹14.4 L/yr 148% more
Kotak Mahindra Bank Area Business Manager Salary 8 - 19 years exp. (139 salaries)	₹9 L/yr - ₹29.4 L/yr 358% more
Tata Capital Area Business Manager Salary 6 - 17 years exp. (4 salaries)	₹12 L/yr - ₹24.7 L/yr 412% more
Mahindra Finance Area Business Manager Salary 4 - 18 years exp. (317 salaries)	₹4 L/yr - ₹14.2 L/yr 129% more	1 job opening
L&T Finance Area Business Manager Salary 4 - 14 years exp. (10 salaries)	₹9.6 L/yr - ₹19 L/yr 280% more
Mahindra Rural Housing Finance Area Business Manager Salary 7 - 22 years exp. (6 salaries)	₹8.9 L/yr - ₹21 L/yr 317% more
Aavas Financiers Area Business Manager Salary 3 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹3.6 L/yr 15% less
Sammaan Capital Limited Area Business Manager Salary 11 - 15 years exp. (6 salaries)	₹5.1 L/yr - ₹7.9 L/yr 78% more
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SMFG India Credit Area Business Manager Salary 5 - 10 years exp. (5 salaries)	₹9.6 L/yr - ₹11 L/yr 192% more
IDFC FIRST Bharat Area Business Manager Salary 0 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹7.5 L/yr 6% more
TVS Credit Area Business Manager Salary 7 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹24.5 L/yr 268% more
SK Finance Limited Area Business Manager Salary 9 - 12 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 78% more
IIFL Finance Area Business Manager Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 41% more
Muthoot Fincorp Area Business Manager Salary 2 - 21 years exp. (3 salaries)	₹3.6 L/yr - ₹10 L/yr 83% more
Satin Creditcare Network Area Business Manager Salary 1 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹6.5 L/yr 27% more
Bharat Financial Inclusion Area Business Manager Salary 3 - 13 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr 22% more

Area Business Manager salary at Muthoot Finance ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Muthoot Finance.

Similar Designation salaries in Muthoot Finance

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Area Manager Salary

(7 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Branch Manager Salary

(534 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Cluster Manager Salary

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₹4 L/yr - ₹11.66 L/yr

Sales Manager Salary

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₹2 L/yr - ₹7 L/yr

Regional Manager Salary

(48 salaries)

₹6.8 L/yr - ₹21.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹9 L/yr

Deputy Manager Salary

(80 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Territory Manager Salary

(5 salaries)

₹6 L/yr - ₹8.5 L/yr

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

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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 Finance Area Business Manager Salaries

Muthoot Finance Area Business Manager salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.

Muthoot Finance Area Business Manager salaries in India

Companies similar to Muthoot Finance for Area Business Manager

Similar Designation salaries in Muthoot Finance

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

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