Muthoot Group Sales Manager Salaries by 7 Employees (Updated 2025)

5 - 9 years exp.

₹3.1 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Sales Manager Salary in Financial Services Companies for 5 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Sales Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.2 L/yr
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Sales & Business Development Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Last Updated: 7 Sep 2024

Companies similar to Muthoot Group for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Sales Manager Salary 1 - 6 years exp. (28 salaries)	₹2 L/yr - ₹5 L/yr 25% less
Shriram Finance Sales Manager Salary 1 - 13 years exp. (122 salaries)	₹1.4 L/yr - ₹10 L/yr 50% more
Login to view exact salary
Bajaj Finance Sales Manager Salary 0 - 11 years exp. (862 salaries)	₹1.1 L/yr - ₹8.5 L/yr 28% more	1 job opening
HDFC Bank Sales Manager Salary 0 - 17 years exp. (4.3k salaries)	₹2.8 L/yr - ₹11.8 L/yr 77% more	2 job openings
ICICI Bank Sales Manager Salary 0 - 15 years exp. (588 salaries)	₹2 L/yr - ₹11 L/yr 55% more
Axis Bank Sales Manager Salary 0 - 16 years exp. (2.3k salaries)	₹3 L/yr - ₹13 L/yr 80% more	4 job openings
Kotak Mahindra Bank Sales Manager Salary 0 - 12 years exp. (767 salaries)	₹1.2 L/yr - ₹11 L/yr 45% more
Tata Capital Sales Manager Salary 0 - 13 years exp. (457 salaries)	₹3 L/yr - ₹11.5 L/yr 63% more	21 job openings
Aditya Birla Capital Sales Manager Salary 1 - 11 years exp. (294 salaries)	₹2.3 L/yr - ₹10 L/yr 41% more
L&T Finance Sales Manager Salary 4 - 11 years exp. (77 salaries)	₹3 L/yr - ₹12.1 L/yr 74% more	3 job openings
Bajaj Finserv Sales Manager Salary 0 - 10 years exp. (1k salaries)	₹1.5 L/yr - ₹9.6 L/yr 32% more
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ICICI Securities Sales Manager Salary 0 - 5 years exp. (251 salaries)	₹1.8 L/yr - ₹4.3 L/yr 25% less
Motilal Oswal Financial Services Sales Manager Salary 3 - 12 years exp. (109 salaries)	₹2.1 L/yr - ₹8.6 L/yr 34% more	1 job opening
Cholamandalam Investment & Finance Sales Manager Salary 3 - 10 years exp. (78 salaries)	₹2 L/yr - ₹9.1 L/yr 24% more	1 job opening
American Express Sales Manager Salary 5 - 12 years exp. (59 salaries)	₹7 L/yr - ₹22.1 L/yr 196% more
HDFC Sales Sales Manager Salary 1 - 10 years exp. (44 salaries)	₹2.2 L/yr - ₹8.5 L/yr 5% less
RBL FinServe Sales Manager Salary 1 - 9 years exp. (26 salaries)	₹2.1 L/yr - ₹5.2 L/yr 25% less
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	₹2.1 L/yr - ₹4.9 L/yr 19% less
Citigroup Sales Manager Salary 1 - 9 years exp. (6 salaries)	₹8 L/yr - ₹13 L/yr 146% more
Marsh McLennan Sales Manager Salary 5 - 27 years exp. (4 salaries)	₹3.4 L/yr - ₹14 L/yr 159% more

View all

Sales Manager salary at Muthoot Group ranges between ₹3.1 Lakhs to ₹6.3 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Group.

Experience wise Muthoot Group Sales Manager salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
6 years (3 salaries)	₹4 L/yr - ₹6.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.5 L/yr

Similar Designation salaries in Muthoot Group

Area Manager Salary

(14 salaries)

₹3.67 L/yr - ₹7.6 L/yr

Branch Manager Salary

(181 salaries)

₹2.5 L/yr - ₹7.45 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹5.4 L/yr - ₹9.8 L/yr

Deputy Manager Salary

(25 salaries)

₹3.6 L/yr - ₹8.2 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Marketing Manager Salary

(6 salaries)

₹4 L/yr - ₹6 L/yr

Regional Manager Salary

(21 salaries)

₹5.05 L/yr - ₹20 L/yr

Sales Executive Salary

(15 salaries)

₹1.9 L/yr - ₹3 L/yr

Salary related reviews for Muthoot Group

4.6

Rated by 6 employees for salary & benefits

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

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.

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.

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.

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

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.

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2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Group Sales Manager Salary FAQs

What is the salary of Sales Manager at Muthoot Group?

Sales Manager salary at Muthoot Group in India ranges between ₹3.1 Lakhs to ₹6.3 Lakhs for experience between 5 years to 9 years. According to our estimates it is 40% less than the average Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Group India.

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

The average salary of a Sales Manager at Muthoot Group is 40% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

American Express Sales Manager Salary - ₹7.0 Lakhs to ₹22.1 Lakhs per year
Marsh McLennan Sales Manager Salary - ₹3.4 Lakhs to ₹14.0 Lakhs per year
Citigroup Sales Manager Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.8 Lakhs per year

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

L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹12.1 Lakhs per year
Tata Capital Sales Manager Salary - ₹3.0 Lakhs to ₹11.5 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Shriram Finance Sales Manager Salary - ₹1.4 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank Sales Manager Salary - ₹1.2 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Muthoot Group ranges between ₹31,049 per month to ₹32,347 per month in India. The take-home salary calculation is based on the average Muthoot Group Sales Manager salary in India which ranges between ₹3.1 Lakhs to ₹6.3 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the Muthoot Group Sales Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Muthoot Group Sales Manager Salaries

Muthoot Group Sales Manager salary in India ranges between ₹3.1 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Group latest salaries received from various employees of Muthoot Group.