Muthoot Group Area Sales Manager Salaries by 5 Employees (Updated 2025)

0 - 15 years exp.

₹4.2 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

43% 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 1% more
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. (346 salaries)	₹5 L/yr - ₹17 L/yr 92% more
HDFC Bank Area Sales Manager Salary 8 - 19 years exp. (314 salaries)	₹6.9 L/yr - ₹23.9 L/yr 168% more
ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (99 salaries)	₹3.1 L/yr - ₹13.4 L/yr 41% more
Axis Bank Area Sales Manager Salary 6 - 21 years exp. (738 salaries)	₹6.6 L/yr - ₹23 L/yr 162% more	1 job opening
Kotak Mahindra Bank Area Sales Manager Salary 6 - 16 years exp. (265 salaries)	₹5.8 L/yr - ₹23 L/yr 134% more
Tata Capital Area Sales Manager Salary 8 - 18 years exp. (124 salaries)	₹5.7 L/yr - ₹22 L/yr 150% more	12 job openings
Aditya Birla Capital Area Sales Manager Salary 6 - 16 years exp. (106 salaries)	₹4.8 L/yr - ₹18.2 L/yr 117% more
L&T Finance Area Sales Manager Salary 5 - 14 years exp. (284 salaries)	₹4 L/yr - ₹16 L/yr 78% more
Bajaj Finserv Area Sales Manager Salary 4 - 13 years exp. (374 salaries)	₹4.9 L/yr - ₹15.7 L/yr 91% more
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Cholamandalam Investment & Finance Area Sales Manager Salary 5 - 20 years exp. (161 salaries)	₹5.1 L/yr - ₹21 L/yr 112% 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 39% more
HDFC Sales Area Sales Manager Salary 4 - 11 years exp. (14 salaries)	₹4.3 L/yr - ₹10 L/yr 7% 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 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

(7 salaries)

₹3.1 L/yr - ₹6.3 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)

₹2.5 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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The Muthoot Group Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Muthoot Group in India ranges between ₹4.2 Lakhs to ₹8.2 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 43% less than the average Area Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Group India.

How does the salary of a Area Sales Manager at Muthoot Group India compare with the average salary range for this job?

The average salary of a Area Sales Manager at Muthoot Group is 43% less than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Group to a Area Sales Manager in India?

HDFC Bank Area Sales Manager Salary - ₹6.9 Lakhs to ₹23.9 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.6 Lakhs to ₹23.0 Lakhs per year
Tata Capital Area Sales Manager Salary - ₹5.7 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank Area Sales Manager Salary - ₹5.8 Lakhs to ₹23.0 Lakhs per year
Aditya Birla Capital Area Sales Manager Salary - ₹4.8 Lakhs to ₹18.2 Lakhs per year

What is the salary of a Area Sales Manager in companies similar to Muthoot Group in India?

Cholamandalam Investment & Finance Area Sales Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year
American Express Area Sales Manager Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance Area Sales Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Bajaj Finserv Area Sales Manager Salary - ₹4.9 Lakhs to ₹15.7 Lakhs per year
L&T Finance Area Sales Manager Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Muthoot Group ranges between ₹41,618 per month to ₹42,759 per month in India. The take-home salary calculation is based on the average Muthoot Group Area Sales Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

What is the notice period for Area Sales Manager at Muthoot Group?

According to AmbitionBox, 50% of the Muthoot Group Area Sales Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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The Muthoot Group Area Sales Manager Salaries by Location

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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.