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Muthoot Finance

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3.6

based on 4.7k Reviews

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Muthoot Finance Territory Manager salaries in Madurai

Annual salary range
16 - 20 years exp.
₹6 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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6% less than the average Territory Manager Salary in NBFC Companies for 16 - 20 years of experience

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Salaries in different departments

Sales & Business Development
Territory Manager Salary
16 - 20 years exp. (4 salaries)
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₹6 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Territory Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.9 L/yr

Last Updated: 20 Jan 2024

Companies similar to Muthoot Finance for Territory Manager in Madurai

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Muthoot Finance Territory Manager Salary

16 - 20 years exp. (5 salaries)

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₹6 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Territory Manager Salary

12 - 14 years exp. (4 salaries)

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₹8.1 L/yr - ₹14 L/yr

arrow icon 43% more
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₹5 L/yr - ₹10 L/yr

arrow icon 12% more
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₹3.8 L/yr - ₹6.2 L/yr

arrow icon 21% less
14 job openings
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IIFL Finance Territory Manager Salary

10 - 15 years exp. (3 salaries)

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₹7.7 L/yr - ₹9 L/yr

arrow icon 11% more
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L&T Finance Territory Manager Salary

5 - 11 years exp. (3 salaries)

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₹4.7 L/yr - ₹8 L/yr

arrow icon 5% less
Territory Manager salary at Muthoot Finance ranges between ₹6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Territory Manager in Madurai

10mo ago
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20 years exp.
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19 years exp.
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17 years exp.
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16 years exp.
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18 years exp.

Experience wise Muthoot Finance Territory Manager salaries in Madurai

Last Updated: 20 Jan 2024

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹6 L/yr - ₹8.5 L/yr

Similar Designation salaries in Muthoot Finance

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₹4 L/yr - ₹7.5 L/yr
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₹7.2 L/yr - ₹15 L/yr

Top skills at Muthoot Finance for Territory Manager

Mutual Funds Wealth Management Relationship Management Management Team Handling People Management Stakeholder Management client servicing Communication Skills Bonds Business Development Territory Management Client Relationship Management NBFC private banking

Salary related reviews for Muthoot Finance

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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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.

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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.

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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.

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Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 22 Oct 2024

1.0
 for  Salary and Benefits

Likes

Yes,they look after there employees and have very strong Audit team which help in taking quick and responsive initiatives over any queries.

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Dislikes

...the RM and the other employees at Ro level takes the Branch staff for granted 2. Salary package is very very low as compaire to others. 3. They ask about salary justification over work,i would like to say first you give the proper salary and designation to you employee's and then ask this question

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Sep 2024

1.0
 for  Salary and Benefits

Likes

Their os nothing to like in the company

Dislikes

They are paying nothing or say negligible amount to their employee or their is nothing like overtime in the company even if they force you to stay in the branch till 8 pm in the evening. They force you to stay in the branch after working hour for VC and do other job but pay u nothing for the same . They pay overtime to their guard only so you think what your standard in company. They pressure you to do multiple things but didn’t gave you promotion even you are eligible to get promotion and appraisal in the same department in other companies so you can see the difference by your self. They only love their profit they even not tell what kind and how they calculate about incentive. They just gave you silly replies you have fixed incentive , we have a call centre team they do the hard work but when you raise the same question after a week they are be like you have to do this we will assure you that we will definitely give you incentive but this is again a lie from management. You have to visit branch on holiday even it is holiday declared by company on paper to check branch lock and shutter no security guard deployed on holiday. They will not gave you a single rupee in the form of TA. They open their branch on Sunday or gave you this news just 2-3 hour before you leave the office as per them you doesn’t have any plan or any family to spend time on Sunday. At the end i will like you to share that they thing your a slave or orphan and now few people say why shouldn’t you leave the job their have your original mark-sheet as security or a bond .

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Muthoot Finance Territory Manager Salary FAQs

What is the salary of Territory Manager at Muthoot Finance Madurai?
Territory Manager salary at Muthoot Finance in Madurai ranges between ₹6.0 Lakhs to ₹8.5 Lakhs for experience between 16 years to 20 years. According to our estimates it is 6% less than the average Territory Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance Madurai.
How does the salary of a Territory Manager at Muthoot Finance Madurai compare with the average salary range for this job?
The average salary of a Territory Manager at Muthoot Finance is 6% less than the average salary of a Territory Manager in Madurai. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager at Muthoot Finance?
Mutual Funds, Wealth Management, Relationship Management, Management and Team Handling are some of the popular skills required to work as a Territory Manager at Muthoot Finance Madurai.
Which similar companies are paying more than Muthoot Finance to a Territory Manager in Madurai?
  • Kotak Mahindra Bank Territory Manager Salary - ₹8.1 Lakhs to ₹14.0 Lakhs per year
  • Mahindra Rural Housing Finance Territory Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
  • IIFL Finance Territory Manager Salary - ₹7.7 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to Muthoot Finance in Madurai?
  • L&T Finance Territory Manager Salary - ₹4.7 Lakhs to ₹8.0 Lakhs per year
  • HDB Financial Services Territory Manager Salary - ₹3.8 Lakhs to ₹6.2 Lakhs per year
What is the estimated take home salary of a Territory Manager at Muthoot Finance in Madurai?
The estimated take-home salary of a Territory Manager at Muthoot Finance ranges between ₹54,612 per month to ₹55,976 per month in Madurai. The take-home salary calculation is based on the average Muthoot Finance Territory Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 16 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Muthoot Finance in Madurai?
According to AmbitionBox, 100% of the Muthoot Finance Territory Managers in Madurai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Territory Manager salary in Madurai ranges between ₹6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.