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The 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 The Muthoot Group for Area Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Area Manager Salary

4 - 13 years exp. (231 salaries)

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₹4.8 L/yr - ₹15.5 L/yr

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₹3.3 L/yr - ₹10 L/yr

arrow icon 9% more
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HDFC Sales Area Manager Salary

6 - 16 years exp. (136 salaries)

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₹3.8 L/yr - ₹14.2 L/yr

arrow icon 45% more
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RBL FinServe Area Manager Salary

5 - 15 years exp. (88 salaries)

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₹3.9 L/yr - ₹9.6 L/yr

arrow icon 16% more
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₹5.1 L/yr - ₹16.5 L/yr

arrow icon 79% more
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Aditya Birla Capital Area Manager Salary

1 - 10 years exp. (36 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 40% more
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Reliance Capital Area Manager Salary

8 - 19 years exp. (13 salaries)

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₹7 L/yr - ₹17.6 L/yr

arrow icon 120% more
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ICICI Securities Area Manager Salary

10 - 18 years exp. (12 salaries)

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₹5.8 L/yr - ₹13 L/yr

arrow icon 67% more
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Motilal Oswal Area Manager Salary

1 - 5 years exp. (9 salaries)

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₹3.6 L/yr - ₹7.2 L/yr

arrow icon 14% less
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Satya MicroCapital Area Manager Salary

6 - 12 years exp. (8 salaries)

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₹4 L/yr - ₹6 L/yr

arrow icon 8% less
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Citicorp Area Manager Salary

3 - 13 years exp. (7 salaries)

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₹12.5 L/yr - ₹15 L/yr

arrow icon 152% more
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₹3.3 L/yr - ₹3.9 L/yr

arrow icon 32% 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
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IDFC FIRST Bharat Area Manager Salary

5 - 8 years exp. (3 salaries)

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₹3.6 L/yr - ₹7.8 L/yr

arrow icon 5% less
Area Manager salary at The 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 The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Area Manager

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9 years exp.

Experience wise The 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 The Muthoot Group

Sales Manager Salary
(9 salaries)
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₹3.1 L/yr - ₹6.55 L/yr
Branch Manager Salary
(180 salaries)
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₹2.55 L/yr - ₹7.45 L/yr
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₹4.2 L/yr - ₹8.2 L/yr
Cluster Manager Salary
(32 salaries)
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₹4.2 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(29 salaries)
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₹3.6 L/yr - ₹6.35 L/yr
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₹8.33 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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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for The Muthoot Group

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

  • Skill development - Good
  • Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Other Department

3.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Job security and staffs

  • Skill development - Good
  • +2 more

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
  • Promotions - Poor
  • +1 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
  • Skill development - Poor
  • +4 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
  • Salary - Excellent
  • +5 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
  • Salary - Excellent
  • +6 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
see more salary related reviews

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The Muthoot Group Area Manager Salary FAQs

What is the salary of Area Manager at The Muthoot Group ?
The average salary of a Area Manager at The Muthoot Group in India typically ranges from ₹3.7 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 9 years to 28 years).

The top 10% of Area Manager at The Muthoot Group earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Area Manager Salaries at The Muthoot Group 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+ The Muthoot Group employees in India.
What is the estimated take home salary of a Area Manager at The Muthoot Group in India?
The estimated take-home salary of a Area Manager at The Muthoot Group in India typically ranges from ₹42,044 to ₹43,178 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹7.6 Lakhs per year for employees with experience ranging from 9 years to 28 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 The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The Muthoot Group for Area Manager in India?
JPMorgan Chase & Co. ₹12.0 Lakhs to ₹30.0 Lakhs per year
Citicorp ₹12.5 Lakhs to ₹15.0 Lakhs per year
Reliance Capital ₹7.0 Lakhs to ₹17.6 Lakhs per year
Bajaj Finserv ₹4.8 Lakhs to ₹15.5 Lakhs per year
Cholamandalam Investment & Finance ₹5.1 Lakhs to ₹16.5 Lakhs per year

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

ICICI Securities ₹5.8 Lakhs to ₹13.0 Lakhs per year
HDFC Sales ₹3.8 Lakhs to ₹14.2 Lakhs per year
Aditya Birla Capital ₹5.0 Lakhs to ₹12.5 Lakhs per year
RBL FinServe ₹3.9 Lakhs to ₹9.6 Lakhs per year
Motilal Oswal Financial Services ₹3.3 Lakhs to ₹10.0 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 Manager at The Muthoot Group in India?
The salary growth for a Area Manager at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
9 years ₹3.7 Lakhs to ₹8.9 Lakhs per year
10 years ₹4.2 Lakhs to ₹5.6 Lakhs per year
11 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
12 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

The 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 The Muthoot Group latest salaries received from various employees of The Muthoot Group.