The Muthoot Group Area Sales Manager Salaries by 5 Employees

0 - 15 years exp.

₹4.2 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Area Sales Manager Salary in Financial Services Companies for 0 - 15 years of experience

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Salaries in different departments

Sales & Business Development Area Sales Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
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Engineering - Software & QA Area Sales Manager Salary Fresher (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 20 Apr 2023

Companies similar to The Muthoot Group for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Area Sales Manager Salary 5 - 14 years exp. (20 salaries)	₹3.8 L/yr - ₹9 L/yr 2% less
Shriram Finance Area Sales Manager Salary 3 - 21 years exp. (39 salaries)	₹4.4 L/yr - ₹15.5 L/yr 60% more
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Bajaj Finance Area Sales Manager Salary 3 - 14 years exp. (337 salaries)	₹5.2 L/yr - ₹18 L/yr 93% more
HDFC Bank Area Sales Manager Salary 8 - 20 years exp. (314 salaries)	₹7.4 L/yr - ₹24.1 L/yr 179% more
ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (98 salaries)	₹3.1 L/yr - ₹13.4 L/yr 43% more
Axis Bank Area Sales Manager Salary 6 - 21 years exp. (737 salaries)	₹6.7 L/yr - ₹23 L/yr 163% more	3 job openings
Kotak Mahindra Bank Area Sales Manager Salary 6 - 16 years exp. (237 salaries)	₹5.5 L/yr - ₹23 L/yr 137% more
Tata Capital Area Sales Manager Salary 7 - 18 years exp. (137 salaries)	₹5.7 L/yr - ₹22 L/yr 146% more	11 job openings
Aditya Birla Capital Area Sales Manager Salary 6 - 16 years exp. (104 salaries)	₹4.8 L/yr - ₹18.2 L/yr 116% more
L&T Finance Area Sales Manager Salary 1 - 14 years exp. (356 salaries)	₹4 L/yr - ₹15 L/yr 69% more
Bajaj Finserv Area Sales Manager Salary 4 - 13 years exp. (374 salaries)	₹4.9 L/yr - ₹15.7 L/yr 92% more
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Cholamandalam Investment & Finance Area Sales Manager Salary 5 - 20 years exp. (259 salaries)	₹4.5 L/yr - ₹18.3 L/yr 95% more	1 job opening
Motilal Oswal Financial Services Area Sales Manager Salary 1 - 16 years exp. (42 salaries)	₹3.3 L/yr - ₹13 L/yr 41% more
HDFC Sales Area Sales Manager Salary 1 - 17 years exp. (19 salaries)	₹3.5 L/yr - ₹15 L/yr 54% more	1 job opening
ICICI Securities Area Sales Manager Salary 3 - 12 years exp. (7 salaries)	₹3.5 L/yr - ₹5.2 L/yr 25% less
American Express Area Sales Manager Salary 6 - 10 years exp. (7 salaries)	₹8.2 L/yr - ₹15 L/yr 93% more
Bajaj Capital Area Sales Manager Salary 2 - 15 years exp. (6 salaries)	₹4.4 L/yr - ₹6.5 L/yr 1% more
IDFC FIRST Bharat Area Sales Manager Salary 6 - 15 years exp. (5 salaries)	₹3.4 L/yr - ₹9.3 L/yr 7% less
Citicorp Area Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 62% more
Marsh McLennan Area Sales Manager Salary 1 - 17 years exp. (3 salaries)	₹4.9 L/yr - ₹6.2 L/yr 2% less

Area Sales Manager salary at The Muthoot Group ranges between ₹4.2 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 5 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Area Sales Manager salaries

Last Updated: 20 Apr 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in The Muthoot Group

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Area Manager Salary

(14 salaries)

₹3.67 L/yr - ₹7.6 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.25 L/yr

Regional Manager Salary

(23 salaries)

₹8.33 L/yr - ₹20 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

(180 salaries)

₹2.55 L/yr - ₹7.45 L/yr

Cluster Manager Salary

(32 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(29 salaries)

₹3.6 L/yr - ₹6.35 L/yr

Salary related reviews for The Muthoot Group

Branch Manager in Bangalore / Bengaluru

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.

Promotions - Poor

+1 more

Branch Manager in Tiptur

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.

Skill development - Poor

+4 more

Senior Sales Executive in Nellore

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.

Salary - Excellent

+5 more

Dislikes

Nothing

Branch Manager in Thiruvananthapuram

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

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.

Accounts Associate in New Delhi

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.

Salary - Bad

+5 more

see more salary related reviews

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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The Muthoot Group Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at The Muthoot Group ?

The average salary of a Area Sales Manager at The Muthoot Group in India typically ranges from ₹4.2 Lakhs to ₹8.2 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Area Sales Manager at The Muthoot Group earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Area Sales 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 5 The Muthoot Group employees in India.

What is the estimated take home salary of a Area Sales Manager at The Muthoot Group in India?

The estimated take-home salary of a Area Sales Manager at The Muthoot Group in India typically ranges from ₹41,618 to ₹42,759 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from Fresher to 15 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 5 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 Sales Manager in India?

HDFC Bank	₹7.4 Lakhs to ₹24.1 Lakhs per year
Axis Bank	₹6.7 Lakhs to ₹23.0 Lakhs per year
Tata Capital	₹5.7 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank	₹5.5 Lakhs to ₹23.0 Lakhs per year
Aditya Birla Capital	₹4.8 Lakhs to ₹18.2 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 Sales Manager in companies similar to The Muthoot Group in India?

The salary of a Area Sales 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:

Cholamandalam Investment & Finance	₹4.5 Lakhs to ₹18.3 Lakhs per year
Bajaj Finance	₹5.2 Lakhs to ₹18.0 Lakhs per year
American Express	₹8.2 Lakhs to ₹15.0 Lakhs per year
Bajaj Finserv	₹4.9 Lakhs to ₹15.7 Lakhs per year
L&T Finance	₹4.0 Lakhs to ₹15.0 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 Sales Manager at The Muthoot Group in India?

The salary growth for a Area Sales Manager at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at The Muthoot Group:

Experience	Average Salary Range
Fresher	₹4.2 Lakhs to ₹4.2 Lakhs per year
1 year	₹3.8 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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The Muthoot Group Area Sales Manager Salaries

The Muthoot Group Area Sales Manager salary in India ranges between ₹4.2 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 The Muthoot Group latest salaries received from various employees of The Muthoot Group.