Muthoot Fincorp Area Sales Manager Salaries by 10+ Employees (Updated 2025)

10 - 16 years exp.

₹6 Lakhs - ₹9.3 Lakhs

Salary of majority employees

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33% 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)	Unlock ₹6.7 L/yr - ₹9.3 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 10 - 12 years exp. (3 salaries)	Unlock ₹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
Manappuram Finance Area Sales Manager Salary 5 - 14 years exp. (20 salaries)	Unlock ₹3.8 L/yr - ₹9 L/yr 15% less
Bajaj Finance Area Sales Manager Salary 3 - 14 years exp. (346 salaries)	Unlock ₹5 L/yr - ₹17 L/yr 62% more
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Shriram Finance Area Sales Manager Salary 3 - 21 years exp. (39 salaries)	Unlock ₹4.4 L/yr - ₹15.5 L/yr 35% more
Mahindra Finance Area Sales Manager Salary 4 - 17 years exp. (71 salaries)	Unlock ₹4.2 L/yr - ₹16.4 L/yr 43% more
Cholamandalam Investment & Finance Area Sales Manager Salary 5 - 20 years exp. (161 salaries)	Unlock ₹5.1 L/yr - ₹21 L/yr 79% more	1 job opening
L&T Finance Area Sales Manager Salary 5 - 14 years exp. (284 salaries)	Unlock ₹4 L/yr - ₹16 L/yr 51% more
HDB Financial Services Area Sales Manager Salary 9 - 18 years exp. (222 salaries)	Unlock ₹6 L/yr - ₹15.7 L/yr 72% more
Reliance Capital Area Sales Manager Salary 7 - 14 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹11.7 L/yr 20% more
Edelweiss Area Sales Manager Salary 10 - 17 years exp. (60 salaries)	Unlock ₹7.6 L/yr - ₹15.5 L/yr 75% more
Tata Capital Area Sales Manager Salary 8 - 18 years exp. (124 salaries)	Unlock ₹5.7 L/yr - ₹22 L/yr 111% more	12 job openings
PNB Housing Finance Area Sales Manager Salary 4 - 13 years exp. (224 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 35% more
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Sammaan Capital Limited Area Sales Manager Salary 6 - 17 years exp. (106 salaries)	Unlock ₹3.7 L/yr - ₹15 L/yr 36% more
Poonawalla Fincorp Area Sales Manager Salary 7 - 15 years exp. (80 salaries)	Unlock ₹5 L/yr - ₹20.1 L/yr 78% more
Electronica Finance Area Sales Manager Salary 5 - 14 years exp. (104 salaries)	Unlock ₹4.8 L/yr - ₹15 L/yr 56% more	4 job openings
SMFG India Credit Area Sales Manager Salary 8 - 20 years exp. (83 salaries)	Unlock ₹7.1 L/yr - ₹22 L/yr 126% more
Kotak Mahindra Prime Area Sales Manager Salary 6 - 17 years exp. (84 salaries)	Unlock ₹6.2 L/yr - ₹18 L/yr 89% more	1 job opening
Capri Global Capital Area Sales Manager Salary 6 - 15 years exp. (38 salaries)	Unlock ₹5 L/yr - ₹12.5 L/yr 38% more
Tata Capital Housing Finance Area Sales Manager Salary 6 - 19 years exp. (37 salaries)	Unlock ₹9.1 L/yr - ₹21 L/yr 146% more
TVS Credit Area Sales Manager Salary 5 - 17 years exp. (26 salaries)	Unlock ₹8 L/yr - ₹19 L/yr 105% more
IIFL Finance Area Sales Manager Salary 6 - 13 years exp. (25 salaries)	Unlock ₹6 L/yr - ₹16.1 L/yr 55% more

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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

3d ago

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12 years exp.

2w ago

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13 years exp.

1mo ago

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12 years exp.

4mo ago

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14 years exp.

9mo ago

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10 years exp.

9mo ago

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16 years exp.

11mo ago

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10 years exp.

1y ago

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13 years exp.

1y ago

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15 years exp.

1y ago

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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)	Unlock ₹6 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹7.8 L/yr
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12 years (4 salaries)	Unlock ₹6.4 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹7.8 L/yr
15+ years (3 salaries)	Unlock ₹6.4 L/yr - ₹8.5 L/yr

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Similar Designation salaries in Muthoot Fincorp

Sales Manager Salary

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₹3 L/yr - ₹6.8 L/yr

Senior Sales Manager Salary

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₹3.55 L/yr - ₹7.4 L/yr

Area Manager Salary

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₹3.2 L/yr - ₹10.1 L/yr

Area Business Manager Salary

(3 salaries)

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₹3.6 L/yr - ₹10 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Senior Area Sales Manager Salary

(5 salaries)

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₹7.5 L/yr - ₹11 L/yr

Regional Manager Salary

(40 salaries)

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₹8.25 L/yr - ₹14.65 L/yr

Branch Manager Salary

(731 salaries)

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₹1.25 L/yr - ₹6.35 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

Business Development Executive in Chennai

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..

Branch Manager in Agra

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.

Branch Manager in Patna

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.

Salary - Good

+6 more

Dislikes

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

Branch Manager in New Delhi

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.

Salary - Poor

Business Development Executive in Nellore

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.

Job security - Poor

+3 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Muthoot Fincorp?

Area Sales Manager salary at Muthoot Fincorp in India ranges between ₹6.0 Lakhs to ₹9.3 Lakhs for experience between 10 years to 16 years. According to our estimates it is 33% less than the average Area Sales Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Area Sales Manager at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Area Sales Manager at Muthoot Fincorp is 33% less than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Sales Manager at Muthoot Fincorp?

Sales Management, Sales and Marketing, Sales Planning, Sales Strategy and Sales Development are some of the popular skills required to work as a Area Sales Manager at Muthoot Fincorp India.

Which similar companies are paying more than Muthoot Fincorp to a Area Sales Manager in India?

Tata Capital Housing Finance Area Sales Manager Salary - ₹9.1 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Sales Manager Salary - ₹7.1 Lakhs to ₹22.0 Lakhs per year
Tata Capital Area Sales Manager Salary - ₹5.7 Lakhs to ₹22.0 Lakhs per year
TVS Credit Area Sales Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
Kotak Mahindra Prime Area Sales Manager Salary - ₹6.2 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Area Sales Manager in companies similar to Muthoot Fincorp in India?

Cholamandalam Investment & Finance Area Sales Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year
Poonawalla Fincorp Area Sales Manager Salary - ₹5.0 Lakhs to ₹20.1 Lakhs per year
Edelweiss Area Sales Manager Salary - ₹7.6 Lakhs to ₹15.5 Lakhs per year
HDB Financial Services Area Sales Manager Salary - ₹6.0 Lakhs to ₹15.7 Lakhs per year
Bajaj Finance Area Sales Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year

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 ranges between ₹49,808 per month to ₹50,984 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Area Sales Manager salary in India which ranges between ₹6.0 Lakhs to ₹9.3 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Sales Manager at Muthoot Fincorp?

According to AmbitionBox, 65% of the Muthoot Fincorp Area Sales Managers reported a notice period of 3 Months, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Area Sales Manager Salaries

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