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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Sales Manager salaries in India

Annual salary range
2 - 10 years exp.
₹3 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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36% less than the average Sales Manager Salary in NBFC Companies for 2 - 10 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

Sales & Business Development
Sales Manager Salary
3 - 10 years exp. (15 salaries)
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₹3 L/yr - ₹5.6 L/yr

BFSI, Investments & Trading
Sales Manager Salary
4 - 10 years exp. (5 salaries)
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₹3.2 L/yr - ₹6 L/yr

Finance & Accounting
Sales Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 3 Jan 2025

Companies similar to Muthoot Finance for Sales Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Sales Manager Salary

0 - 11 years exp. (863 salaries)

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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 20% more
1 job opening
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HDFC Bank Sales Manager Salary

0 - 17 years exp. (4.3k salaries)

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₹2.8 L/yr - ₹11.8 L/yr

arrow icon 65% more
2 job openings
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ICICI Bank Sales Manager Salary

0 - 15 years exp. (588 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 45% more
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Kotak Mahindra Bank Sales Manager Salary

0 - 12 years exp. (766 salaries)

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₹1.2 L/yr - ₹11 L/yr

arrow icon 36% more
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Axis Bank Sales Manager Salary

0 - 16 years exp. (3k salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 70% more
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Tata Capital Sales Manager Salary

0 - 13 years exp. (457 salaries)

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₹3 L/yr - ₹11.5 L/yr

arrow icon 53% more
20 job openings
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Mahindra Finance Sales Manager Salary

4 - 10 years exp. (107 salaries)

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₹2.1 L/yr - ₹8.2 L/yr

arrow icon 6% more
2 job openings
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L&T Finance Sales Manager Salary

4 - 11 years exp. (80 salaries)

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₹3 L/yr - ₹12.1 L/yr

arrow icon 56% more
3 job openings
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Shriram Finance Sales Manager Salary

1 - 13 years exp. (117 salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 38% more
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Sammaan Capital Limited Sales Manager Salary

4 - 11 years exp. (252 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 12% more
6 job openings
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HDB Financial Services Sales Manager Salary

0 - 14 years exp. (1.1k salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 17% less
6 job openings
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Aditya Birla Finance Sales Manager Salary

2 - 11 years exp. (322 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 33% more
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SMFG India Credit Sales Manager Salary

3 - 12 years exp. (204 salaries)

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₹1.8 L/yr - ₹9.7 L/yr

arrow icon 19% more
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IIFL Finance Sales Manager Salary

2 - 9 years exp. (227 salaries)

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₹1.8 L/yr - ₹9 L/yr

arrow icon 5% less
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IDFC FIRST Bharat Sales Manager Salary

2 - 12 years exp. (147 salaries)

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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 6% less
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Kotak Mahindra Prime Sales Manager Salary

4 - 14 years exp. (96 salaries)

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₹2.6 L/yr - ₹11 L/yr

arrow icon 59% more
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Muthoot Fincorp Sales Manager Salary

3 - 12 years exp. (60 salaries)

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₹3 L/yr - ₹6.8 L/yr

arrow icon 14% more
1 job opening
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PNB Housing Finance Sales Manager Salary

2 - 10 years exp. (49 salaries)

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₹2.7 L/yr - ₹7.2 L/yr

arrow icon 14% less
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Aavas Financiers Sales Manager Salary

2 - 9 years exp. (36 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 4% less
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Manappuram Finance Sales Manager Salary

1 - 6 years exp. (26 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 25% less
View all
Sales Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Sales Manager

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Experience wise Muthoot Finance Sales Manager salaries

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹7.6 L/yr
3 years  (3 salaries)

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₹4 L/yr - ₹5.8 L/yr
4 years  (7 salaries)

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₹3.2 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4.8 L/yr
6 years  (5 salaries)

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₹3.9 L/yr - ₹6.3 L/yr
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Similar Designation salaries in Muthoot Finance

Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Area Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr
Branch Manager Salary
(593 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Sales Officer Salary
(23 salaries)
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₹1.8 L/yr - ₹3.4 L/yr
Deputy Manager Salary
(81 salaries)
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₹3.6 L/yr - ₹8.9 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹2.5 L/yr - ₹8 L/yr
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₹2.35 L/yr - ₹6.4 L/yr
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₹6.8 L/yr - ₹21.5 L/yr

Top skills at Muthoot Finance for Sales Manager

Sales Customer Satisfaction Training Branch Sales Budgeting Forecasting Relationship Cross Sales Personal Loans Loans Management Networking Business Development Customer Experience Servicing

Salary related reviews for Muthoot Finance

2.7

Rated by 3 employees for salary & benefits

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

read more

Dislikes

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

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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

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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.

read more

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

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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.

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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 .

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 01 Sep 2023

2.0
 for  Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

read more

Dislikes

Salary is not as per expectation compared to other competitors companies.

read more
see more salary related reviews

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Muthoot Finance Sales Manager Salary FAQs

What is the salary of Sales Manager at Muthoot Finance?
Sales Manager salary at Muthoot Finance in India ranges between ₹3.0 Lakhs to ₹6.3 Lakhs for experience between 2 years to 10 years. According to our estimates it is 36% less than the average Sales Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Sales Manager at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Sales Manager at Muthoot Finance is 36% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Manager at Muthoot Finance?
Sales, Customer Satisfaction, Training, Branch Sales and Budgeting are some of the popular skills required to work as a Sales Manager at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Sales Manager in India?
  • Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
  • HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.8 Lakhs per year
  • Kotak Mahindra Prime Sales Manager Salary - ₹2.6 Lakhs to ₹11.0 Lakhs per year
  • L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹12.1 Lakhs per year
  • Tata Capital Sales Manager Salary - ₹3.0 Lakhs to ₹11.5 Lakhs per year
What is the salary of a Sales Manager in companies similar to Muthoot Finance in India?
  • ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
  • Poonawalla Fincorp Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
  • Shriram Finance Sales Manager Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
  • Kotak Mahindra Bank Sales Manager Salary - ₹1.2 Lakhs to ₹11.0 Lakhs per year
  • Aditya Birla Finance Sales Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Sales Manager at Muthoot Finance in India?
The estimated take-home salary of a Sales Manager at Muthoot Finance ranges between ₹33,433 per month to ₹34,696 per month in India. The take-home salary calculation is based on the average Muthoot Finance Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Sales Manager at Muthoot Finance?
According to AmbitionBox, 46% of the Muthoot Finance Sales Managers reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 59 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Sales Manager salary in India ranges between ₹3 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Muthoot Finance latest salaries received from various employees of Muthoot Finance.