The 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

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37% 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)	Unlock ₹4 L/yr - ₹4.3 L/yr
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Sales & Business Development Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 7 Sep 2024

Companies similar to The Muthoot Group for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Sales Manager Salary 2 - 6 years exp. (19 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 21% less
Shriram Finance Sales Manager Salary 0 - 13 years exp. (130 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 44% more	1 job opening
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Bajaj Finance Sales Manager Salary 0 - 10 years exp. (817 salaries)	Unlock ₹1.2 L/yr - ₹8.5 L/yr 22% more	2 job openings
HDFC Bank Sales Manager Salary 0 - 16 years exp. (4.3k salaries)	Unlock ₹2.8 L/yr - ₹11.8 L/yr 64% more	3 job openings
ICICI Bank Sales Manager Salary 0 - 15 years exp. (583 salaries)	Unlock ₹2 L/yr - ₹11.1 L/yr 53% more
Axis Bank Sales Manager Salary 0 - 16 years exp. (3k salaries)	Unlock ₹3 L/yr - ₹13 L/yr 72% more	2 job openings
Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (729 salaries)	Unlock ₹2.3 L/yr - ₹10.1 L/yr 45% more
Tata Capital Sales Manager Salary 0 - 13 years exp. (498 salaries)	Unlock ₹3 L/yr - ₹12 L/yr 56% more	5 job openings
Aditya Birla Capital Sales Manager Salary 1 - 11 years exp. (304 salaries)	Unlock ₹1.9 L/yr - ₹10 L/yr 32% more
L&T Finance Sales Manager Salary 4 - 11 years exp. (82 salaries)	Unlock ₹3 L/yr - ₹12.1 L/yr 58% more
Bajaj Finserv Sales Manager Salary 0 - 10 years exp. (1k salaries)	Unlock ₹1.5 L/yr - ₹9.6 L/yr 25% more
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ICICI Securities Sales Manager Salary 0 - 5 years exp. (266 salaries)	Unlock ₹1.8 L/yr - ₹4.3 L/yr 28% less
IDFC FIRST Bharat Sales Manager Salary 2 - 12 years exp. (147 salaries)	Unlock ₹2.2 L/yr - ₹7.3 L/yr 4% less
Motilal Oswal Financial Services Sales Manager Salary 3 - 12 years exp. (108 salaries)	Unlock ₹2.1 L/yr - ₹8.6 L/yr 28% more
Cholamandalam Investment & Finance Sales Manager Salary 3 - 10 years exp. (76 salaries)	Unlock ₹2 L/yr - ₹9.1 L/yr 13% more
American Express Sales Manager Salary 5 - 12 years exp. (57 salaries)	Unlock ₹7 L/yr - ₹22.1 L/yr 203% more
HDFC Sales Sales Manager Salary 1 - 10 years exp. (44 salaries)	Unlock ₹2.2 L/yr - ₹8.5 L/yr 5% less
Citicorp Sales Manager Salary 4 - 14 years exp. (27 salaries)	Unlock ₹6.6 L/yr - ₹24 L/yr 210% more
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	Unlock ₹2.4 L/yr - ₹7.5 L/yr 14% less
Marsh McLennan Sales Manager Salary 5 - 27 years exp. (4 salaries)	Unlock ₹3.4 L/yr - ₹14 L/yr 146% more

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Sales Manager salary at The 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 The Muthoot Group.

Experience wise The Muthoot Group Sales Manager salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8 L/yr
6 years (3 salaries)	Unlock ₹4 L/yr - ₹6.3 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹7.9 L/yr

Similar Designation salaries in The Muthoot Group

Area Manager Salary

(14 salaries)

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₹3.67 L/yr - ₹7.6 L/yr

Branch Manager Salary

(180 salaries)

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₹2.55 L/yr - ₹7.45 L/yr

Area Sales Manager Salary

(5 salaries)

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₹4.2 L/yr - ₹8.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Zonal Sales Manager Salary

(3 salaries)

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₹5.4 L/yr - ₹9.8 L/yr

Deputy Manager Salary

(29 salaries)

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₹3.6 L/yr - ₹6.35 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Marketing Manager Salary

(6 salaries)

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₹4 L/yr - ₹6 L/yr

Regional Manager Salary

(23 salaries)

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₹8.33 L/yr - ₹20 L/yr

Sales Executive Salary

(15 salaries)

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₹1.9 L/yr - ₹2.55 L/yr

Salary related reviews for The Muthoot Group

3.5

Rated by 7 employees for salary & benefits

Branch Manager in Gadarwara

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

Salary - Bad

+3 more

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.

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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... read more

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The Muthoot Group Sales Manager Salary FAQs

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

Sales Manager salary at The 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 37% less than the average Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of The Muthoot Group India.

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

The average salary of a Sales Manager at The Muthoot Group is 37% 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 The Muthoot Group to a Sales Manager in India?

Citicorp Sales Manager Salary - ₹6.6 Lakhs to ₹24.0 Lakhs per year
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
Aon Sales Manager Salary - ₹3.2 Lakhs to ₹12.0 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year

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

HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.8 Lakhs per year
L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹12.1 Lakhs per year
Tata Capital Sales Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Kotak Mahindra Bank Sales Manager Salary - ₹2.3 Lakhs to ₹10.1 Lakhs per year

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

The estimated take-home salary of a Sales Manager at The Muthoot Group ranges between ₹32,865 per month to ₹34,137 per month in India. The take-home salary calculation is based on the average The 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 The Muthoot Group?

According to AmbitionBox, 56% of the The Muthoot Group Sales Managers reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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The Muthoot Group Sales Manager Salaries

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