Muthoot Finance Regional Business Manager Salaries by 4 Employees

1 - 15 years exp.

₹2.2 Lakhs - ₹19.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

52% less than the average Regional Business Manager Salary in NBFC Companies for 1 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Regional Business Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr
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Sales & Business Development Regional Business Manager Salary 15 years exp. (AmbitionBox Estimate)	₹17.6 L/yr - ₹21.5 L/yr

Last Updated: 25 Nov 2024

Companies similar to Muthoot Finance for Regional Business Manager

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Regional Business Manager Salary 10 - 25 years exp. (17 salaries)	₹23 L/yr - ₹35 L/yr 332% more
Shriram Finance Regional Business Manager Salary 9 - 18 years exp. (16 salaries)	₹7 L/yr - ₹12 L/yr 31% more
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L&T Finance Regional Business Manager Salary 11 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹35 L/yr 208% more
Manappuram Finance Regional Business Manager Salary 7 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 9% more
SK Finance Limited Regional Business Manager Salary 6 - 22 years exp. (4 salaries)	₹10.5 L/yr - ₹14 L/yr 79% more
Muthoot Fincorp Regional Business Manager Salary 3 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹20 L/yr 84% more
Bharat Financial Inclusion Regional Business Manager Salary 4 - 20 years exp. (3 salaries)	₹9.9 L/yr - ₹22.1 L/yr 133% more
Mahindra Rural Housing Finance Regional Business Manager Salary 11 - 20 years exp. (3 salaries)	₹25 L/yr - ₹36.3 L/yr 340% more
PNB Housing Finance Regional Business Manager Salary 18 - 21 years exp. (3 salaries)	₹25 L/yr - ₹32 L/yr 301% more
SMFG India Credit Regional Business Manager Salary 16 - 21 years exp. (3 salaries)	₹26 L/yr - ₹41 L/yr 400% more
HDB Financial Services Regional Business Manager Salary 18 - 20 years exp. (3 salaries)	₹18 L/yr - ₹35 L/yr 306% more
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Regional Business Manager salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹19.5 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Regional Business Manager salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.4 L/yr

Similar Designation salaries in Muthoot Finance

Regional Business Head Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 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

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Regional Head Sales Salary

(4 salaries)

₹3.3 L/yr - ₹10 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Zonal Manager Salary

(3 salaries)

₹6.5 L/yr - ₹8 L/yr

Cluster Manager Salary

(143 salaries)

₹4 L/yr - ₹9.82 L/yr

Relationship Manager Salary

(27 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Salary related reviews for Muthoot Finance

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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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 Regional Business Manager Salary FAQs

What is the salary of Regional Business Manager at Muthoot Finance ?

The average salary of a Regional Business Manager at Muthoot Finance in India typically ranges from ₹2.2 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Regional Business Manager at Muthoot Finance earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Regional Business 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 Regional Business Manager at Muthoot Finance in India?

The estimated take-home salary of a Regional Business Manager at Muthoot Finance in India typically ranges from ₹53,362 to ₹54,691 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 1 year to 15 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.

Which companies offer higher salaries than Muthoot Finance for Regional Business Manager in India?

SMFG India Credit	₹26.0 Lakhs to ₹41.0 Lakhs per year
Mahindra Rural Housing Finance	₹25.0 Lakhs to ₹36.3 Lakhs per year
Sammaan Capital Limited	₹23.0 Lakhs to ₹35.0 Lakhs per year
HDB Financial Services	₹18.0 Lakhs to ₹35.0 Lakhs per year
PNB Housing Finance	₹25.0 Lakhs to ₹32.0 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 Regional Business Manager in companies similar to Muthoot Finance in India?

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

L&T Finance	₹14.5 Lakhs to ₹35.0 Lakhs per year
Bharat Financial Inclusion	₹9.9 Lakhs to ₹22.1 Lakhs per year
Muthoot Fincorp	₹6.5 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹10.5 Lakhs to ₹14.0 Lakhs per year
Shriram Finance	₹7.0 Lakhs to ₹12.0 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 Regional Business Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
15 years	₹17.6 Lakhs to ₹22.4 Lakhs per year

and so on.

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Muthoot Finance Regional Business Manager Salaries

Muthoot Finance Regional Business Manager salary in India ranges between ₹2.2 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.