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Muthoot Group Area Manager salaries in India

Annual salary range
9 - 28 years exp.
₹3.7 Lakhs - ₹7.6 Lakhs
Salary of majority employees
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42% less than the average Area Manager Salary in Financial Services Companies for 9 - 28 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
9 - 28 years exp. (8 salaries)
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₹4.5 L/yr - ₹7.6 L/yr

Strategic & Top Management
Area Manager Salary
10 - 14 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.9 L/yr

Sales & Business Development
Area Manager Salary
20 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹6 L/yr

Last Updated: 8 Aug 2024

Companies similar to Muthoot Group for Area Manager

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

3 - 8 years exp. (121 salaries)

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₹2.8 L/yr - ₹6.3 L/yr

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Shriram Finance Area Manager Salary

3 - 19 years exp. (7 salaries)

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₹3.9 L/yr - ₹9.1 L/yr

arrow icon 24% more
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Bajaj Finance Area Manager Salary

5 - 16 years exp. (211 salaries)

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₹5 L/yr - ₹14.3 L/yr

arrow icon 80% more
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HDFC Bank Area Manager Salary

6 - 17 years exp. (75 salaries)

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₹4.7 L/yr - ₹19.9 L/yr

arrow icon 108% more
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ICICI Bank Area Manager Salary

2 - 17 years exp. (93 salaries)

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₹4.3 L/yr - ₹13.5 L/yr

arrow icon 54% more
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Axis Bank Area Manager Salary

5 - 16 years exp. (142 salaries)

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₹4.5 L/yr - ₹14.5 L/yr

arrow icon 49% more
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Kotak Mahindra Bank Area Manager Salary

8 - 21 years exp. (101 salaries)

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₹7 L/yr - ₹25.2 L/yr

arrow icon 167% more
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Tata Capital Area Manager Salary

7 - 16 years exp. (7 salaries)

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₹3.3 L/yr - ₹11.9 L/yr

arrow icon 46% more
1 job opening
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Aditya Birla Capital Area Manager Salary

1 - 10 years exp. (35 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 40% more
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L&T Finance Area Manager Salary

6 - 12 years exp. (29 salaries)

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₹5 L/yr - ₹14.1 L/yr

arrow icon 45% more
6 job openings
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Bajaj Finserv Area Manager Salary

4 - 13 years exp. (139 salaries)

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₹4.7 L/yr - ₹16 L/yr

arrow icon 82% more
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₹3.8 L/yr - ₹7.8 L/yr

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HDFC Sales Area Manager Salary

6 - 16 years exp. (140 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 43% more
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RBL FinServe Area Manager Salary

5 - 15 years exp. (85 salaries)

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₹3.9 L/yr - ₹9.3 L/yr

arrow icon 10% more
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₹5.1 L/yr - ₹16.5 L/yr

arrow icon 74% more
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ICICI Securities Area Manager Salary

13 - 18 years exp. (10 salaries)

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₹6.5 L/yr - ₹13 L/yr

arrow icon 67% more
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Satya MicroCapital Area Manager Salary

6 - 12 years exp. (6 salaries)

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₹4.7 L/yr - ₹5.2 L/yr

arrow icon 10% less
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Bajaj Capital Area Manager Salary

9 - 13 years exp. (3 salaries)

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₹4.2 L/yr - ₹5.5 L/yr

arrow icon 17% less
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American Express Area Manager Salary

2 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 51% less
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JPMorgan Chase & Co. Area Manager Salary

0 - 5 years exp. (3 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 296% more
Area Manager salary at Muthoot Group ranges between ₹3.7 Lakhs to ₹7.6 Lakhs per year for employees with experience between 9 years to 28 years. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Group.

Latest annual salaries shared by Muthoot Group Area Manager

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20 years exp.
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28 years exp.
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10 years exp.
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20 years exp.
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14 years exp.
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9 years exp.

Experience wise Muthoot Group Area Manager salaries

Last Updated: 8 Aug 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹8.9 L/yr
10 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
View all

Similar Designation salaries in Muthoot Group

Sales Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹6.3 L/yr
Branch Manager Salary
(181 salaries)
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₹2.5 L/yr - ₹7.45 L/yr
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₹4.2 L/yr - ₹8.2 L/yr
Cluster Manager Salary
(27 salaries)
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₹4.2 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(25 salaries)
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₹3.6 L/yr - ₹8.2 L/yr
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₹5.05 L/yr - ₹20 L/yr
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₹4 L/yr - ₹6 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Team Lead Salary
(7 salaries)
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₹2.05 L/yr - ₹4 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Muthoot Group

Full Time

 · 

Other Department

3.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Job security and staffs

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

read more

Sales & Business Development Department

2.0
  •  posted on 02 Nov 2022

3.0
 for  Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

read more

Sales & Business Development Department

5.0
  •  posted on 23 Jul 2020

5.0
 for  Salary and Benefits

Likes

...agement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good appricials are fair and they give good salary and bonus every year.

read more

Dislikes

Nothing

Muthoot Finance Department

5.0
  •  posted on 15 Mar 2018

5.0
 for  Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

read more

Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Oct 2024

1.0
 for  Salary and Benefits

Likes

Salary on time.

Dislikes

No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

read more
see more salary related reviews

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Muthoot Group Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Group?
Area Manager salary at Muthoot Group in India ranges between ₹3.7 Lakhs to ₹7.6 Lakhs for experience between 9 years to 28 years. According to our estimates it is 42% less than the average Area Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Group India.
How does the salary of a Area Manager at Muthoot Group India compare with the average salary range for this job?
The average salary of a Area Manager at Muthoot Group is 42% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Group to a Area Manager in India?
  • JPMorgan Chase & Co. Area Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Kotak Mahindra Bank Area Manager Salary - ₹7.0 Lakhs to ₹25.2 Lakhs per year
  • HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.9 Lakhs per year
  • Bajaj Finserv Area Manager Salary - ₹4.7 Lakhs to ₹16.0 Lakhs per year
  • Bajaj Finance Area Manager Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
What is the salary of a Area Manager in companies similar to Muthoot Group in India?
  • Cholamandalam Investment & Finance Area Manager Salary - ₹5.1 Lakhs to ₹16.5 Lakhs per year
  • ICICI Securities Area Manager Salary - ₹6.5 Lakhs to ₹13.0 Lakhs per year
  • ICICI Bank Area Manager Salary - ₹4.3 Lakhs to ₹13.5 Lakhs per year
  • Axis Bank Area Manager Salary - ₹4.5 Lakhs to ₹14.5 Lakhs per year
  • Tata Capital Area Manager Salary - ₹3.3 Lakhs to ₹11.9 Lakhs per year
What is the estimated take home salary of a Area Manager at Muthoot Group in India?
The estimated take-home salary of a Area Manager at Muthoot Group ranges between ₹42,044 per month to ₹43,178 per month in India. The take-home salary calculation is based on the average Muthoot Group Area Manager salary in India which ranges between ₹3.7 Lakhs to ₹7.6 Lakhs per year for employees with experience between 9 years to 28 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Muthoot Group?
According to AmbitionBox, 33% of the Muthoot Group Area Managers reported a notice period of 15 days or less, 34% reported a notice period of 3 Months 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 Group Area Manager salary in India ranges between ₹3.7 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Muthoot Group latest salaries received from various employees of Muthoot Group.