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4.5

based on 6.7k Reviews

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Muthoot Fincorp Senior Area Manager salaries in Coimbatore

Annual salary range
14 - 19 years exp.
₹8 Lakhs - ₹9.6 Lakhs
Salary of majority employees
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37% less than the average Senior Area Manager Salary in NBFC Companies for 14 - 19 years of experience

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Last Updated: 15 Jan 2025

Companies similar to Muthoot Fincorp for Senior Area Manager in Coimbatore

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Muthoot Fincorp Senior Area Manager Salary

14 - 19 years exp. (5 salaries)

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₹8 L/yr - ₹9.6 L/yr

vs
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₹14 L/yr - ₹16.6 L/yr

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Bajaj Finserv Senior Area Manager Salary

10 - 13 years exp. (3 salaries)

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₹10.1 L/yr - ₹13.4 L/yr

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Lenskart Senior Area Manager Salary

11 - 14 years exp. (3 salaries)

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₹13.5 L/yr - ₹17 L/yr

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₹7.3 L/yr - ₹10.5 L/yr

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Senior Area Manager salary at Muthoot Fincorp ranges between ₹8 Lakhs to ₹9.6 Lakhs per year for employees with experience between 14 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Senior Area Manager in Coimbatore

4d ago
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19 years exp.
10mo ago
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18 years exp.
1y ago
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16 years exp.
1y ago
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14 years exp.

Experience wise Muthoot Fincorp Senior Area Manager salaries in Coimbatore

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹8 L/yr - ₹16 L/yr
15+ years  (4 salaries)

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₹3.6 L/yr - ₹9.6 L/yr

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(48 salaries)
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₹1.25 L/yr - ₹4.5 L/yr
Area Manager Salary
(8 salaries)
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₹6 L/yr - ₹8.1 L/yr
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₹9.8 L/yr - ₹14 L/yr

Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 07 Nov 2024

5.0
 for  Salary and Benefits

Likes

Iam happy to work with Muthoot Fincorp, Every employees will get career growth and promotion based on their credibility and performance, Excellent work balance for Female staffs , Feeling proud to be Muthootian👍👍👍

read more

Dislikes

Required salary correction for Senior staffs

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.

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.

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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 Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at Muthoot Fincorp Coimbatore?
Senior Area Manager salary at Muthoot Fincorp in Coimbatore ranges between ₹8.0 Lakhs to ₹9.6 Lakhs for experience between 14 years to 19 years. According to our estimates it is 37% less than the average Senior Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp Coimbatore.
How does the salary of a Senior Area Manager at Muthoot Fincorp Coimbatore compare with the average salary range for this job?
The average salary of a Senior Area Manager at Muthoot Fincorp is 37% less than the average salary of a Senior Area Manager in Coimbatore. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Senior Area Manager in Coimbatore?
  • Lenskart Senior Area Manager Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
  • SBI Life Insurance Company Senior Area Manager Salary - ₹14.0 Lakhs to ₹16.6 Lakhs per year
  • Bajaj Finserv Senior Area Manager Salary - ₹10.1 Lakhs to ₹13.4 Lakhs per year
  • Bajaj Allianz General Insurance Senior Area Manager Salary - ₹7.3 Lakhs to ₹10.5 Lakhs per year
What is the estimated take home salary of a Senior Area Manager at Muthoot Fincorp in Coimbatore?
The estimated take-home salary of a Senior Area Manager at Muthoot Fincorp ranges between ₹65,279 per month to ₹66,945 per month in Coimbatore. The take-home salary calculation is based on the average Muthoot Fincorp Senior Area Manager salary in India which ranges between ₹8.0 Lakhs to ₹9.6 Lakhs per year for employees with experience between 14 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Senior Area Manager at Muthoot Fincorp in Coimbatore?
According to AmbitionBox, 60% of the Muthoot Fincorp Senior Area Managers in Coimbatore reported a notice period of 2 Months, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Senior Area Manager salary in Coimbatore ranges between ₹8 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.