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4.5

based on 6.5k Reviews

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Muthoot Fincorp Area Manager salaries in Thiruvananthapuram

Annual salary range
7 - 17 years exp.
₹5.4 Lakhs - ₹9 Lakhs
Salary of majority employees
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22% less than the average Area Manager Salary in NBFC Companies for 7 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Area Manager Salary
13 - 14 years exp. (4 salaries)
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₹5.8 L/yr - ₹9 L/yr

BFSI, Investments & Trading
Area Manager Salary
13 - 17 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.5 L/yr

Last Updated: 29 Jun 2024

Companies similar to Muthoot Fincorp for Area Manager in Thiruvananthapuram

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Muthoot Fincorp Area Manager Salary

7 - 17 years exp. (7 salaries)

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₹5.4 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDB Financial Services Area Manager Salary

8 - 10 years exp. (3 salaries)

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₹10 L/yr - ₹12.6 L/yr

arrow icon 47% more
4 job openings
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Tata AIA Life Insurance Area Manager Salary

12 - 14 years exp. (4 salaries)

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₹9.7 L/yr - ₹15 L/yr

arrow icon 59% more
3 job openings
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Extramarks Education Area Manager Salary

2 - 7 years exp. (4 salaries)

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₹6.5 L/yr - ₹8 L/yr

arrow icon 14% less
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₹3 L/yr - ₹4.6 L/yr

arrow icon 46% less
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Visaka Industries Area Manager Salary

6 - 8 years exp. (3 salaries)

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₹5.5 L/yr - ₹7.2 L/yr

arrow icon 9% less
Area Manager salary at Muthoot Fincorp ranges between ₹5.4 Lakhs to ₹9 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Area Manager in Thiruvananthapuram

5mo ago
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14 years exp.
9mo ago
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13 years exp.
1y ago
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13 years exp.
1y ago
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7 years exp.
1y ago
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17 years exp.
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13 years exp.
1y ago
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13 years exp.

Experience wise Muthoot Fincorp Area Manager salaries in Thiruvananthapuram

Last Updated: 29 Jun 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹13.4 L/yr
8 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
9 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
View all
Muthoot Fincorp Area Manager Salary and Career Growth

From

To

Area Manager

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7 - 20 years exp.

Senior Area Manager

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11 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Fincorp

Deputy Manager Salary
(12 salaries)
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₹3.2 L/yr - ₹6.9 L/yr

Top skills at Muthoot Fincorp for Area Manager

Business Development Sales Gold Loan Area Management Lead Management Lead Generation Banking Marketing Campaigns Calling Team Management Team Handling Insurance NBFC Profitability Cross Selling

Salary related reviews for Muthoot Fincorp

3.9

Rated by 4 employees for salary & benefits

BFSI, Investments & Trading Department

1.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

I had the worst experience of working in this company. No job security, no compensation,no company ethics, not following any rules related to employee job satisfaction,no salary structure. All are the Boss of the company. Salary cuts without intimation and without any reason. I won't advise anyone to waste his/her precious time in this company. Rather, I would suggest to sell vegetables than working in this company. This company is full of nasty politics .

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Dislikes

Nasty politics, favouritism,lack of ethics,no proper salary structure

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.

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..

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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

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.

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Full Time

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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.

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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

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.

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Muthoot Fincorp Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Fincorp Thiruvananthapuram?
Area Manager salary at Muthoot Fincorp in Thiruvananthapuram ranges between ₹5.4 Lakhs to ₹9.0 Lakhs for experience between 7 years to 17 years. According to our estimates it is 22% less than the average Area Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp Thiruvananthapuram.
How does the salary of a Area Manager at Muthoot Fincorp Thiruvananthapuram compare with the average salary range for this job?
The average salary of a Area Manager at Muthoot Fincorp is 22% less than the average salary of a Area Manager in Thiruvananthapuram. To know exact salary insights, login to view.
What are the top skills required to work as a Area Manager at Muthoot Fincorp?
Business Development, Sales, Gold Loan, Area Management and Lead Management are some of the popular skills required to work as a Area Manager at Muthoot Fincorp Thiruvananthapuram.
Which similar companies are paying more than Muthoot Fincorp to a Area Manager in Thiruvananthapuram?
  • Tata AIA Life Insurance Area Manager Salary - ₹9.7 Lakhs to ₹15.0 Lakhs per year
  • HDB Financial Services Area Manager Salary - ₹10.0 Lakhs to ₹12.6 Lakhs per year
What is the salary of a Area Manager in companies similar to Muthoot Fincorp in Thiruvananthapuram?
  • Visaka Industries Area Manager Salary - ₹5.5 Lakhs to ₹7.2 Lakhs per year
  • Extramarks Education Area Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year
  • Maxvalue Credits & Investments Area Manager Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year
What is the estimated take home salary of a Area Manager at Muthoot Fincorp in Thiruvananthapuram?
The estimated take-home salary of a Area Manager at Muthoot Fincorp ranges between ₹56,029 per month to ₹57,433 per month in Thiruvananthapuram. The take-home salary calculation is based on the average Muthoot Fincorp Area Manager salary in India which ranges between ₹5.4 Lakhs to ₹9.0 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Muthoot Fincorp in Thiruvananthapuram?
According to AmbitionBox, 67% of the Muthoot Fincorp Area Managers in Thiruvananthapuram reported a notice period of 2 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Area Manager salary in Thiruvananthapuram ranges between ₹5.4 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.