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Muthoot Fincorp Area Head salaries in India

Annual salary range
8 - 11 years exp.
₹6 Lakhs - ₹7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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37% less than the average Area Head Salary in NBFC Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Head Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹6.6 L/yr

Strategic & Top Management
Area Head Salary
11 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 15 Mar 2023

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Area Head salary at Muthoot Fincorp ranges between ₹6 Lakhs to ₹7 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Area Head

1y ago
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8 years exp.
1y ago
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11 years exp.
1y ago
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10 years exp.

Experience wise Muthoot Fincorp Area Head salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr

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₹5.2 L/yr - ₹10.5 L/yr
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₹2.75 L/yr - ₹7.9 L/yr
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₹8.25 L/yr - ₹14.65 L/yr

Salary related reviews for Muthoot Fincorp

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

  • Salary - Good
  • +6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

read more
  • Job security - Poor
  • +3 more
see more salary related reviews

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Muthoot Fincorp Area Head Salary FAQs

How the salary growth look like for a Area Head at Muthoot Fincorp in India?
The salary growth for a Area Head at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Area Head can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
8 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
10 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
11 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Area Head salary in India ranges between ₹6 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.