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 12% more
LIC Housing Finance Sales Associate Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.6 L/yr 19% more
ICICI Bank Sales Associate Salary 1 - 7 years exp. (17 salaries)	₹1.9 L/yr - ₹3.5 L/yr 32% more
Axis Bank Sales Associate Salary 0 - 6 years exp. (31 salaries)	₹1.6 L/yr - ₹4.6 L/yr 46% more
Kotak Mahindra Bank Sales Associate Salary 0 - 7 years exp. (128 salaries)	₹1.5 L/yr - ₹3.6 L/yr 29% more
Tata Capital Sales Associate Salary 0 - 8 years exp. (28 salaries)	₹2.1 L/yr - ₹4 L/yr 58% more	11 job openings
Sundaram Finance Sales Associate Salary 0 - 7 years exp. (128 salaries)	₹1.1 L/yr - ₹3.5 L/yr 19% more	1 job opening
Tata Capital Housing Finance Sales Associate Salary 1 - 9 years exp. (78 salaries)	₹2.4 L/yr - ₹4.8 L/yr 83% more
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 - 4 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 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3.4 L/yr 4% less
Mahindra Finance Sales Associate Salary 1 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 36% more
Aavas Financiers Sales Associate Salary 2 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹3.4 L/yr 15% more
Muthoot Fincorp Sales Associate Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 29% more
L&T Finance Sales Associate Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹4.5 L/yr 21% 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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(23 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Sales Manager Salary

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₹2.5 L/yr - ₹6.5 L/yr

Salesman Salary

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₹1.4 L/yr - ₹3 L/yr

Store Manager Salary

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₹2.5 L/yr - ₹3.2 L/yr

Cashier Salary

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₹1.2 L/yr - ₹3 L/yr

Team Lead Salary

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₹1.8 L/yr - ₹3.85 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Deputy Manager Salary

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₹2.8 L/yr - ₹8.9 L/yr

Senior Sales Officer 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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Muthoot Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at Muthoot Finance ?

The average salary of a Sales Associate at Muthoot Finance in India typically ranges from ₹1.7 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Sales Associate at Muthoot Finance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Sales Associate 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 Sales Associate at Muthoot Finance in India?

The estimated take-home salary of a Sales Associate at Muthoot Finance in India typically ranges from ₹13,947 to ₹15,424 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 12 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 Sales Associate in India?

Tata Capital Housing Finance	₹2.4 Lakhs to ₹4.8 Lakhs per year
TVS Credit	₹2.5 Lakhs to ₹4.1 Lakhs per year
Tata Capital	₹2.1 Lakhs to ₹4.0 Lakhs per year
Axis Bank	₹1.6 Lakhs to ₹4.6 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.6 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 Sales Associate in companies similar to Muthoot Finance in India?

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

ICICI Bank	₹1.9 Lakhs to ₹3.5 Lakhs per year
Muthoot Fincorp	₹2.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Prime	₹1.5 Lakhs to ₹3.1 Lakhs per year
Sammaan Capital Limited	₹2.3 Lakhs to ₹2.8 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 Sales Associate at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.5 Lakhs to ₹2.0 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
12 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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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.