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Muthoot Fincorp Area Sales Manager salaries in India (Updated 2025)

Annual salary range
10 - 16 years exp.
₹6 Lakhs - ₹9.3 Lakhs
Salary of majority employees
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34% less than the average Area Sales Manager Salary in NBFC Companies for 10 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Area Sales Manager Salary
11 - 16 years exp. (7 salaries)
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₹6.7 L/yr - ₹9.3 L/yr

BFSI, Investments & Trading
Area Sales Manager Salary
10 - 12 years exp. (3 salaries)
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₹6 L/yr - ₹7.8 L/yr

Last Updated: 24 Feb 2025

Companies similar to Muthoot Fincorp for Area Sales Manager

Company name Avg Annual Salary Open Jobs
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L&T Finance Area Sales Manager Salary

1 - 14 years exp. (356 salaries)

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₹4 L/yr - ₹15 L/yr

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PNB Housing Finance Area Sales Manager Salary

4 - 13 years exp. (219 salaries)

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₹4.3 L/yr - ₹13 L/yr

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MAS Financial Services Area Sales Manager Salary

6 - 16 years exp. (105 salaries)

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₹2.6 L/yr - ₹10 L/yr

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2 job openings
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Electronica Finance Area Sales Manager Salary

5 - 14 years exp. (104 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 43% more
4 job openings
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₹3.8 L/yr - ₹15 L/yr

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Kotak Mahindra Prime Area Sales Manager Salary

6 - 17 years exp. (87 salaries)

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₹6.2 L/yr - ₹18 L/yr

arrow icon 78% more
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Poonawalla Fincorp Area Sales Manager Salary

7 - 15 years exp. (85 salaries)

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₹5.5 L/yr - ₹20.1 L/yr

arrow icon 93% more
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SMFG India Credit Area Sales Manager Salary

8 - 20 years exp. (81 salaries)

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₹9.1 L/yr - ₹22 L/yr

arrow icon 130% more
1 job opening
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Mahindra Finance Area Sales Manager Salary

1 - 15 years exp. (74 salaries)

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₹4.2 L/yr - ₹15 L/yr

arrow icon 36% more
1 job opening
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Shriram Finance Area Sales Manager Salary

3 - 21 years exp. (39 salaries)

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₹4.4 L/yr - ₹15.5 L/yr

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Capri Global Capital Area Sales Manager Salary

6 - 15 years exp. (37 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 39% more
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₹9.8 L/yr - ₹21.8 L/yr

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TVS Credit Area Sales Manager Salary

5 - 21 years exp. (30 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 101% more
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IIFL Finance Area Sales Manager Salary

6 - 13 years exp. (25 salaries)

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₹6 L/yr - ₹18.3 L/yr

arrow icon 56% more
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SK Finance Limited Area Sales Manager Salary

10 - 22 years exp. (25 salaries)

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₹5.8 L/yr - ₹14.5 L/yr

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Manappuram Finance Area Sales Manager Salary

5 - 14 years exp. (20 salaries)

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₹3.8 L/yr - ₹9 L/yr

arrow icon 18% less
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Ugro Capital Area Sales Manager Salary

4 - 13 years exp. (19 salaries)

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₹8 L/yr - ₹16 L/yr

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Aavas Financiers Area Sales Manager Salary

0 - 15 years exp. (8 salaries)

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₹3 L/yr - ₹12.9 L/yr

arrow icon 12% more
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CreditAccess Grameen Area Sales Manager Salary

10 - 13 years exp. (8 salaries)

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₹6.1 L/yr - ₹8 L/yr

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Ess Kay Fincorp Area Sales Manager Salary

10 - 14 years exp. (7 salaries)

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₹3.7 L/yr - ₹8 L/yr

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View all
Area Sales Manager salary at Muthoot Fincorp ranges between ₹6 Lakhs to ₹9.3 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Area Sales Manager

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12 years exp.
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13 years exp.
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12 years exp.
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14 years exp.
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10 years exp.
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16 years exp.
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10 years exp.
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13 years exp.
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15 years exp.
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12 years exp.

Experience wise Muthoot Fincorp Area Sales Manager salaries

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹6 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7.8 L/yr
12 years  (4 salaries)

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₹6.4 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7.8 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
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₹3.55 L/yr - ₹6.25 L/yr
Area Manager Salary
(195 salaries)
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₹3.2 L/yr - ₹12 L/yr
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₹3.6 L/yr - ₹10 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹6.5 L/yr - ₹11 L/yr
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₹8.25 L/yr - ₹14.65 L/yr
Branch Manager Salary
(614 salaries)
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₹1.8 L/yr - ₹6.65 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Cluster Manager Salary
(10 salaries)
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₹5.2 L/yr - ₹10.5 L/yr

Top skills at Muthoot Fincorp for Area Sales Manager

Sales Management Sales and Marketing Sales Planning Sales Strategy Sales Development

Salary related reviews for Muthoot Fincorp

4.0

Rated by 14 employees for salary & benefits

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 Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Muthoot Fincorp ?
The average salary of a Area Sales Manager at Muthoot Fincorp in India typically ranges from ₹6.0 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Area Sales Manager at Muthoot Fincorp earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Area Sales Manager Salaries at Muthoot Fincorp 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 10+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Area Sales Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Area Sales Manager at Muthoot Fincorp in India typically ranges from ₹49,808 to ₹50,984 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 10 years to 16 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 10+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Sales Manager at Muthoot Fincorp ?
To be a Area Sales Manager at Muthoot Fincorp in india, the key skills required include:

  • - Sales Management
  • - Sales and Marketing
  • - Sales Planning
  • - Sales Strategy
  • - Sales Development

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Area Sales Manager in India?
Tata Capital Housing Finance ₹9.8 Lakhs to ₹21.8 Lakhs per year
SMFG India Credit ₹9.1 Lakhs to ₹22.0 Lakhs per year
TVS Credit ₹8.0 Lakhs to ₹20.0 Lakhs per year
Poonawalla Fincorp ₹5.5 Lakhs to ₹20.1 Lakhs per year
Kotak Mahindra Prime ₹6.2 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Area Sales Manager in companies similar to Muthoot Fincorp in India?
The salary of a Area Sales Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ugro Capital ₹8.0 Lakhs to ₹16.0 Lakhs per year
IIFL Finance ₹6.0 Lakhs to ₹18.3 Lakhs per year
Electronica Finance ₹4.8 Lakhs to ₹15.0 Lakhs per year
L&T Finance ₹4.0 Lakhs to ₹15.0 Lakhs per year
Sammaan Capital Limited ₹3.8 Lakhs to ₹15.0 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 Area Sales Manager at Muthoot Fincorp in India?
The salary growth for a Area Sales Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
10 years ₹6.0 Lakhs to ₹6.5 Lakhs per year
11 years ₹2.6 Lakhs to ₹7.8 Lakhs per year
12 years ₹6.4 Lakhs to ₹9.0 Lakhs per year
13 years ₹2.6 Lakhs to ₹9.3 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Area Sales Manager salary in India ranges between ₹6 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.