Muthoot Finance Cluster Sales Manager Salaries by 6 Employees (Updated 2025)

8 - 12 years exp.

₹8.1 Lakhs - ₹13.9 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Cluster Sales Manager Salary in NBFC Companies for 8 - 12 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Sales & Business Development Cluster Sales Manager Salary 8 - 12 years exp. (5 salaries)	₹9 L/yr - ₹13.9 L/yr
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BFSI, Investments & Trading Cluster Sales Manager Salary 11 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹11.5 L/yr

Last Updated: 18 Feb 2025

Companies similar to Muthoot Finance for Cluster Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Sales Manager Salary 5 - 16 years exp. (12 salaries)	₹12.5 L/yr - ₹19 L/yr 54% more
HDFC Bank Cluster Sales Manager Salary 8 - 13 years exp. (16 salaries)	₹5 L/yr - ₹13.3 L/yr 8% more
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ICICI Bank Cluster Sales Manager Salary 3 - 10 years exp. (14 salaries)	₹4.5 L/yr - ₹9 L/yr 7% less
Axis Bank Cluster Sales Manager Salary 5 - 16 years exp. (106 salaries)	₹4 L/yr - ₹14.2 L/yr 9% less
Kotak Mahindra Bank Cluster Sales Manager Salary 10 - 16 years exp. (9 salaries)	₹12 L/yr - ₹17.4 L/yr 41% more
Tata Capital Cluster Sales Manager Salary 7 - 13 years exp. (15 salaries)	₹10.2 L/yr - ₹17.4 L/yr 53% more
Aditya Birla Finance Cluster Sales Manager Salary 11 - 20 years exp. (5 salaries)	₹5.6 L/yr - ₹27 L/yr 87% more
IIFL Finance Cluster Sales Manager Salary 4 - 15 years exp. (41 salaries)	₹3.5 L/yr - ₹8.3 L/yr 26% less
Kotak Mahindra Prime Cluster Sales Manager Salary 5 - 9 years exp. (6 salaries)	₹8.5 L/yr - ₹12.5 L/yr 30% more
Capri Global Capital Cluster Sales Manager Salary 11 - 19 years exp. (7 salaries)	₹5.5 L/yr - ₹18 L/yr 47% more	1 job opening
PNB Housing Finance Cluster Sales Manager Salary 13 - 19 years exp. (9 salaries)	₹11 L/yr - ₹15.1 L/yr 55% more
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Satin Creditcare Network Cluster Sales Manager Salary 7 - 12 years exp. (4 salaries)	₹4.8 L/yr - ₹8.2 L/yr 29% less
Mahindra Finance Cluster Sales Manager Salary 8 - 14 years exp. (4 salaries)	₹13 L/yr - ₹19.5 L/yr 82% more
SMFG India Credit Cluster Sales Manager Salary 11 - 15 years exp. (4 salaries)	₹8.5 L/yr - ₹15.5 L/yr 33% more
Sammaan Capital Limited Cluster Sales Manager Salary 17 - 20 years exp. (3 salaries)	₹27.8 L/yr - ₹50 L/yr 376% more

Cluster Sales Manager salary at Muthoot Finance ranges between ₹8.1 Lakhs to ₹13.9 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Cluster Sales Manager salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
11 years (3 salaries)	₹3.6 L/yr - ₹13.1 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹13.9 L/yr

Similar Designation salaries in Muthoot Finance

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Cluster Manager Salary

(143 salaries)

₹4 L/yr - ₹9.82 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Sales Manager Salary

(40 salaries)

₹2 L/yr - ₹6.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.8 L/yr

Cluster Head Salary

(13 salaries)

₹4.7 L/yr - ₹10.75 L/yr

Branch Manager Salary

(562 salaries)

₹1.8 L/yr - ₹7 L/yr

Top skills at Muthoot Finance for Cluster Sales Manager

Sales Personal Loans Team Handling Gold Loan Team Handling Leadership Skills Sales Management Loans Credit Card Sales Costing Banking Sales Credit Cards Gold Loan Field Sales Insurance Sales

Salary related reviews for Muthoot Finance

3.8

Rated by 3 employees for salary & benefits

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

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 .

Salary - Bad

+6 more

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a cluster manager

DSA Sales Manager Personal loans.

Exciting Opportunity Alert! 🌟 Join our dynamic team at an NBFC! - Role: Sales Manager for DSA & DST Channel - Product: Personal Loans - Salary: Up to ₹8,00,000 per annum - Experience: Minimum 2 years - Location: Hyderabad - To Apply: Send your CV to the email address below.

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Muthoot Finance Cluster Sales Manager Salary FAQs

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

Cluster Sales Manager salary at Muthoot Finance in India ranges between ₹8.1 Lakhs to ₹13.9 Lakhs for experience between 8 years to 12 years. According to our estimates it is 10% less than the average Cluster Sales Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Cluster Sales Manager at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Cluster Sales Manager at Muthoot Finance is 10% less than the average salary of a Cluster Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Sales Manager at Muthoot Finance?

Sales, Personal Loans, Team Handling, Gold Loan and Team Handling are some of the popular skills required to work as a Cluster Sales Manager at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Cluster Sales Manager in India?

Sammaan Capital Limited Cluster Sales Manager Salary - ₹27.8 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Finance Cluster Sales Manager Salary - ₹5.6 Lakhs to ₹27.0 Lakhs per year
Mahindra Finance Cluster Sales Manager Salary - ₹13.0 Lakhs to ₹19.5 Lakhs per year
PNB Housing Finance Cluster Sales Manager Salary - ₹11.0 Lakhs to ₹15.1 Lakhs per year
Bajaj Finance Cluster Sales Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year

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

Tata Capital Cluster Sales Manager Salary - ₹10.2 Lakhs to ₹17.4 Lakhs per year
Capri Global Capital Cluster Sales Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindra Bank Cluster Sales Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year
SMFG India Credit Cluster Sales Manager Salary - ₹8.5 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindra Prime Cluster Sales Manager Salary - ₹8.5 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Cluster Sales Manager at Muthoot Finance ranges between ₹63,843 per month to ₹65,468 per month in India. The take-home salary calculation is based on the average Muthoot Finance Cluster Sales Manager salary in India which ranges between ₹8.1 Lakhs to ₹13.9 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Cluster Sales Manager at Muthoot Finance?

According to AmbitionBox, 61% of the Muthoot Finance Cluster Sales Managers reported a notice period of 1 Month, 39% reported a notice period of 3 Months.This is based on 23 responses on AmbitionBox in last 2 years.

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Muthoot Finance Cluster Sales Manager Salaries

Muthoot Finance Cluster Sales Manager salary in India ranges between ₹8.1 Lakhs to ₹13.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.