Muthoot Finance Sales Associate Salaries by 4 Employees (Updated 2025)

1 - 12 years exp.

₹1.7 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Sales Associate Salary in NBFC Companies for 1 - 12 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Muthoot Finance for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Sales Associate Salary 2 - 8 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr 19% more
Bajaj Finance Sales Associate Salary 0 - 10 years exp. (29 salaries)	₹1.3 L/yr - ₹3.6 L/yr 18% more
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HDFC Bank Sales Associate Salary 0 - 6 years exp. (55 salaries)	₹1.4 L/yr - ₹3 L/yr 14% more
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Axis Bank Sales Associate Salary 0 - 6 years exp. (31 salaries)	₹1.6 L/yr - ₹4.6 L/yr 46% more
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Kotak Mahindra Prime Sales Associate Salary 0 - 7 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 22% more
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Sammaan Capital Limited Sales Associate Salary 0 - 3 years exp. (8 salaries)	₹2.3 L/yr - ₹2.8 L/yr 22% more
TVS Credit Sales Associate Salary 0 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.1 L/yr 64% more
IIFL Finance Sales Associate Salary 1 - 2 years exp. (6 salaries)	₹1.8 L/yr - ₹3.4 L/yr 4% less
Mahindra Finance Sales Associate Salary 1 - 9 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 36% more
Aavas Financiers Sales Associate Salary 2 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3.4 L/yr 15% more
Muthoot Fincorp Sales Associate Salary 4 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 29% more
L&T Finance Sales Associate Salary 2 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 8% more

Sales Associate salary at Muthoot Finance ranges between ₹1.7 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Sales Associate salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

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Area Sales Manager Salary

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₹5.5 L/yr - ₹7 L/yr

Deputy Manager Salary

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Salary related reviews for Muthoot Finance

2.0

Rated by 1 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

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

Business Development Executive

Other Department

1.0

• posted on 25 Oct 2018

1.0

for Salary and Benefits

Likes

...s job is a just like govt job you are a brother inlow of Muthoot you are a boss. Also company provide cheap salary That the point I feel in this company.

Dislikes

I already write about company again I want to say you that if you leave this company company not provide experience certificate and Releiving letter.

Salary - Bad

+6 more

Relationship Officer

Other Department

4.0

• posted on 10 May 2018

4.0

for Salary and Benefits

Likes

The co. That U are Owner of the co. So it's working environment and salary in home town satisfied the employee. There is no any big issue job security and carrier growth ran the same way.

Salary - Good

+4 more

Dislikes

If we think that every issue is an problem . Then each problem is that each issue.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Muthoot Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at Muthoot Finance?

Sales Associate salary at Muthoot Finance in India ranges between ₹1.7 Lakhs to ₹2.4 Lakhs for experience between 1 years to 12 years. According to our estimates it is 36% less than the average Sales Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Sales Associate at Muthoot Finance is 36% less than the average salary of a Sales Associate in India. To know exact salary insights, login to view.

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

Tata Capital Housing Finance Sales Associate Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year
TVS Credit Sales Associate Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
Tata Capital Sales Associate Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
Axis Bank Sales Associate Salary - ₹1.6 Lakhs to ₹4.6 Lakhs per year
Mahindra Finance Sales Associate Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year

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

ICICI Bank Sales Associate Salary - ₹1.9 Lakhs to ₹3.5 Lakhs per year
Muthoot Fincorp Sales Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Bank Sales Associate Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Prime Sales Associate Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Sammaan Capital Limited Sales Associate Salary - ₹2.3 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Sales Associate at Muthoot Finance ranges between ₹13,947 per month to ₹15,424 per month in India. The take-home salary calculation is based on the average Muthoot Finance Sales Associate salary in India which ranges between ₹1.7 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Sales Associate at Muthoot Finance?

According to AmbitionBox, 33% of the Muthoot Finance Sales Associates reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Sales Associate Salaries

Muthoot Finance Sales Associate salary in India ranges between ₹1.7 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.