Muthoot Finance Assistant Sales Manager Salaries by 4 Employees

1 - 5 years exp.

₹2.5 Lakhs - ₹5.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Assistant Sales Manager Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 18 Jun 2024

Companies similar to Muthoot Finance for Assistant Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Sales Manager Salary 0 - 8 years exp. (236 salaries)	₹2 L/yr - ₹5.5 L/yr 3% more	2 job openings
HDB Financial Services Assistant Sales Manager Salary 3 - 9 years exp. (97 salaries)	₹1.7 L/yr - ₹6.1 L/yr 18% less
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Mahindra Finance Assistant Sales Manager Salary 5 - 12 years exp. (8 salaries)	₹3.7 L/yr - ₹8.8 L/yr 37% more	1 job opening
IIFL Finance Assistant Sales Manager Salary 1 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹4.7 L/yr 4% less
LendingKart Assistant Sales Manager Salary 4 - 8 years exp. (7 salaries)	₹3.9 L/yr - ₹5.5 L/yr 35% more
Aavas Financiers Assistant Sales Manager Salary 4 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.3 L/yr 4% less
Kotak Mahindra Prime Assistant Sales Manager Salary 0 - 6 years exp. (6 salaries)	₹3 L/yr - ₹4.6 L/yr 4% more
SMFG India Credit Assistant Sales Manager Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹4.2 L/yr 10% less
Sundaram Finance Assistant Sales Manager Salary 0 - 7 years exp. (6 salaries)	₹3.2 L/yr - ₹8.5 L/yr 47% more
Capri Global Capital Assistant Sales Manager Salary 5 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹4.5 L/yr 22% more
Shriram Finance Assistant Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹3.1 L/yr 15% less
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L&T Finance Assistant Sales Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹5.6 L/yr 14% more
Poonawalla Fincorp Assistant Sales Manager Salary 6 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 54% more
Tata Capital Housing Finance Assistant Sales Manager Salary 1 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹7 L/yr 28% more
Ess Kay Fincorp Assistant Sales Manager Salary 6 - 10 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 17% less

Assistant Sales Manager salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Sales Manager salaries

Last Updated: 18 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr

Similar Designation salaries in Muthoot Finance

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Sales Manager Salary

(51 salaries)

₹2 L/yr - ₹6.5 L/yr

Regional Manager Salary

(48 salaries)

₹6.8 L/yr - ₹21.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Branch Manager Salary

(589 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Top skills at Muthoot Finance for Assistant Sales Manager

Gold Loan Business operations Team Handling Home Loans Foreign Exchange Personal Loans Corporate Sales Business Development Auto Loans Business Loan Sales Management money transfer Sales Field Sales Marketing

Salary related reviews for Muthoot Finance

3.0

Rated by 1 employees for salary & benefits

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 more

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 more

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

Skill development - Good

+4 more

Dislikes

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

Promotions - Poor

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

Salary - Good

+2 more

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.

Job security - Bad

+3 more

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

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Assistant Sales Manager Salary FAQs

What is the salary of Assistant Sales Manager at Muthoot Finance ?

The average salary of a Assistant Sales Manager at Muthoot Finance in India typically ranges from ₹2.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Assistant Sales Manager at Muthoot Finance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Assistant Sales Manager Salaries at Muthoot Finance 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 Finance employees in India.

What is the estimated take home salary of a Assistant Sales Manager at Muthoot Finance in India?

The estimated take-home salary of a Assistant Sales Manager at Muthoot Finance in India typically ranges from ₹26,735 to ₹28,148 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 5 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 Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Sales Manager at Muthoot Finance ?

To be a Assistant Sales Manager at Muthoot Finance in india, the key skills required include:

- Gold Loan
- Business operations
- Team Handling
- Home Loans
- Foreign Exchange

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Assistant Sales Manager in India?

Poonawalla Fincorp	₹4.5 Lakhs to ₹7.0 Lakhs per year
Sundaram Finance	₹3.2 Lakhs to ₹8.5 Lakhs per year
Mahindra Finance	₹3.7 Lakhs to ₹8.8 Lakhs per year
LendingKart	₹3.9 Lakhs to ₹5.5 Lakhs per year
Tata Capital Housing Finance	₹3.5 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Assistant Sales Manager in companies similar to Muthoot Finance in India?

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

Capri Global Capital	₹4.3 Lakhs to ₹4.5 Lakhs per year
L&T Finance	₹2.5 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindra Prime	₹3.0 Lakhs to ₹4.6 Lakhs per year
Bajaj Finance	₹2.0 Lakhs to ₹5.5 Lakhs per year
IIFL Finance	₹2.2 Lakhs to ₹4.7 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 Assistant Sales Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹1.5 Lakhs to ₹5.3 Lakhs per year

and so on.

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Muthoot Finance Assistant Sales Manager Salaries

Muthoot Finance Assistant Sales Manager salary in India ranges between ₹2.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.