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4.5

based on 6.8k Reviews

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Muthoot Fincorp Sales Manager salaries in India

Annual salary range
3 - 12 years exp.
₹3 Lakhs - ₹6.8 Lakhs
Salary of majority employees
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27% less than the average Sales Manager Salary in NBFC Companies for 3 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Sales Manager Salary
4 - 12 years exp. (27 salaries)
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₹3 L/yr - ₹6.8 L/yr

BFSI, Investments & Trading
Sales Manager Salary
3 - 12 years exp. (21 salaries)
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₹3 L/yr - ₹5.7 L/yr

Marketing & Communication
Sales Manager Salary
6 - 12 years exp. (3 salaries)
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₹5 L/yr - ₹6.5 L/yr

Last Updated: 2 Jan 2025

Companies similar to Muthoot Fincorp for Sales Manager

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Sales Manager Salary

1 - 6 years exp. (26 salaries)

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₹2 L/yr - ₹5 L/yr

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Bajaj Finance Sales Manager Salary

0 - 11 years exp. (817 salaries)

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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 6% more
2 job openings
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Shriram Finance Sales Manager Salary

1 - 13 years exp. (123 salaries)

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₹1.4 L/yr - ₹10 L/yr

arrow icon 18% more
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Mahindra Finance Sales Manager Salary

4 - 10 years exp. (107 salaries)

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₹2.1 L/yr - ₹8.2 L/yr

arrow icon 8% less
1 job opening
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₹2 L/yr - ₹9.1 L/yr

arrow icon 1% more
1 job opening
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L&T Finance Sales Manager Salary

4 - 11 years exp. (80 salaries)

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₹3 L/yr - ₹12.1 L/yr

arrow icon 38% more
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HDB Financial Services Sales Manager Salary

0 - 14 years exp. (1.1k salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 27% less
8 job openings
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Reliance Capital Sales Manager Salary

3 - 15 years exp. (24 salaries)

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₹1.8 L/yr - ₹6.7 L/yr

arrow icon 24% less
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Edelweiss Sales Manager Salary

2 - 12 years exp. (88 salaries)

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₹3 L/yr - ₹8.8 L/yr

arrow icon 18% more
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Tata Capital Sales Manager Salary

0 - 13 years exp. (482 salaries)

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₹3 L/yr - ₹10.5 L/yr

arrow icon 33% more
12 job openings
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Sammaan Capital Limited Sales Manager Salary

4 - 11 years exp. (248 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 1% less
6 job openings
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IIFL Finance Sales Manager Salary

2 - 9 years exp. (230 salaries)

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₹1 L/yr - ₹9 L/yr

arrow icon 15% less
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SMFG India Credit Sales Manager Salary

3 - 13 years exp. (207 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 7% more
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₹3.5 L/yr - ₹12 L/yr

arrow icon 37% more
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IDFC FIRST Bharat Sales Manager Salary

2 - 12 years exp. (148 salaries)

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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 18% less
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Kotak Mahindra Prime Sales Manager Salary

4 - 14 years exp. (97 salaries)

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₹2.6 L/yr - ₹11 L/yr

arrow icon 41% more
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PNB Housing Finance Sales Manager Salary

2 - 10 years exp. (48 salaries)

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₹2.7 L/yr - ₹7.2 L/yr

arrow icon 24% less
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Aavas Financiers Sales Manager Salary

2 - 9 years exp. (36 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 16% less
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Muthoot Finance Sales Manager Salary

1 - 10 years exp. (39 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 8% less
5 job openings
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TVS Credit Sales Manager Salary

2 - 12 years exp. (24 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 20% less
View all
Sales Manager salary at Muthoot Fincorp ranges between ₹3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 60 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Sales Manager

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7 years exp.
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5 years exp.
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5 years exp.
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4 years exp.
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8 years exp.
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11 years exp.

Experience wise Muthoot Fincorp Sales Manager salaries

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.3 L/yr
4 years  (3 salaries)

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₹3 L/yr - ₹8.5 L/yr
5 years  (9 salaries)

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₹3.1 L/yr - ₹5 L/yr
6 years  (13 salaries)

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₹3.1 L/yr - ₹5.7 L/yr
7 years  (8 salaries)

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₹4.5 L/yr - ₹5.7 L/yr
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Similar Designation salaries in Muthoot Fincorp

Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr
Area Manager Salary
(212 salaries)
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₹3.2 L/yr - ₹12 L/yr
Branch Manager Salary
(729 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
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₹5 L/yr - ₹9.3 L/yr
Sales Officer Salary
(22 salaries)
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₹1.45 L/yr - ₹3.21 L/yr
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₹24 L/yr - ₹24.05 L/yr
Deputy Manager Salary
(63 salaries)
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₹3.2 L/yr - ₹7.85 L/yr
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₹3.5 L/yr - ₹8 L/yr
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₹3.55 L/yr - ₹7.4 L/yr
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₹6.02 L/yr - ₹6.62 L/yr

Top skills at Muthoot Fincorp for Sales Manager

Lap Sales Management Loans Product Management NBFC Business Loan Mortgage Loans Process Compliance Banking Product Design Competitive Sales Analysis Gold Loan Sales Sales Management Consumer Products

Salary related reviews for Muthoot Fincorp

2.8

Rated by 17 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.

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  • 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 Sales Manager Salary FAQs

What is the salary of Sales Manager at Muthoot Fincorp?
Sales Manager salary at Muthoot Fincorp in India ranges between ₹3.0 Lakhs to ₹6.8 Lakhs for experience between 3 years to 12 years. According to our estimates it is 27% less than the average Sales Manager Salary in India. Salary estimates are based on 60 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Sales Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Sales Manager at Muthoot Fincorp is 27% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Manager at Muthoot Fincorp?
Lap, Sales Management, Loans, Product Management and NBFC are some of the popular skills required to work as a Sales Manager at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a Sales Manager in India?
  • Kotak Mahindra Prime Sales Manager Salary - ₹2.6 Lakhs to ₹11.0 Lakhs per year
  • L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹12.1 Lakhs per year
  • Tata Capital Housing Finance Sales Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
  • Tata Capital Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
  • Poonawalla Fincorp Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Sales Manager in companies similar to Muthoot Fincorp in India?
  • Shriram Finance Sales Manager Salary - ₹1.4 Lakhs to ₹10.0 Lakhs per year
  • Edelweiss Sales Manager Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year
  • SMFG India Credit Sales Manager Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
  • Bajaj Finance Sales Manager Salary - ₹1.1 Lakhs to ₹8.5 Lakhs per year
  • Cholamandalam Investment & Finance Sales Manager Salary - ₹2.0 Lakhs to ₹9.1 Lakhs per year
What is the estimated take home salary of a Sales Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Sales Manager at Muthoot Fincorp ranges between ₹38,537 per month to ₹39,724 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Sales Manager at Muthoot Fincorp?
According to AmbitionBox, 38% of the Muthoot Fincorp Sales Managers reported a notice period of 1 Month, 21% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Sales Manager salary in India ranges between ₹3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.