Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Muthoot Mercantile Team. If you also belong to the team, you can get access from here

Muthoot Mercantile Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Muthoot Mercantile Area Manager salaries in India

Annual salary range
6 - 14 years exp.
₹3.4 Lakhs - ₹5 Lakhs
Salary of majority employees
unlock blur
unlock blur

53% less than the average Area Manager Salary in NBFC Companies for 6 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Area Manager Salary
8 - 13 years exp. (6 salaries)
unlock-blur

₹3.4 L/yr - ₹5 L/yr

Finance & Accounting
Area Manager Salary
11 - 14 years exp. (5 salaries)
unlock-blur

₹3.9 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Area Manager Salary
10 years exp. (3 salaries)
unlock-blur

₹4.2 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Area Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.4 L/yr - ₹4.7 L/yr

Last Updated: 2 Feb 2025

Companies similar to Muthoot Mercantile for Area Manager

Company name Avg Annual Salary Open Jobs
Logo
Manappuram Finance Area Manager Salary

3 - 9 years exp. (151 salaries)

unlock blur

₹2.7 L/yr - ₹6.6 L/yr

arrow icon 17% more
Logo
Muthoot Fincorp Area Manager Salary

7 - 20 years exp. (218 salaries)

unlock blur

₹3.2 L/yr - ₹10.1 L/yr

arrow icon 66% more
Logo
Shriram Finance Area Manager Salary

2 - 19 years exp. (6 salaries)

unlock blur

₹3 L/yr - ₹9 L/yr

arrow icon 28% more
Logo
Bajaj Finance Area Manager Salary

5 - 16 years exp. (117 salaries)

unlock blur

₹5 L/yr - ₹14.5 L/yr

arrow icon 134% more
Logo
HDB Financial Services Area Manager Salary

7 - 17 years exp. (212 salaries)

unlock blur

₹6 L/yr - ₹15.3 L/yr

arrow icon 134% more
3 job openings
Logo
Mahindra Finance Area Manager Salary

4 - 19 years exp. (96 salaries)

unlock blur

₹3.1 L/yr - ₹12.5 L/yr

arrow icon 70% more
unlock blur

₹5.1 L/yr - ₹16.5 L/yr

arrow icon 124% more
Logo
L&T Finance Area Manager Salary

5 - 12 years exp. (35 salaries)

unlock blur

₹4.9 L/yr - ₹14.8 L/yr

arrow icon 85% more
Logo
Edelweiss Area Manager Salary

7 - 20 years exp. (25 salaries)

unlock blur

₹7 L/yr - ₹14 L/yr

arrow icon 152% more
Logo
Reliance Capital Area Manager Salary

8 - 19 years exp. (13 salaries)

unlock blur

₹7 L/yr - ₹17.6 L/yr

arrow icon 173% more
Logo
Arman Financial Services Area Manager Salary

4 - 9 years exp. (5 salaries)

unlock blur

₹4 L/yr - ₹4.2 L/yr

arrow icon 9% less
Logo
unlock blur

₹6.3 L/yr - ₹16.5 L/yr

arrow icon 150% more
Logo
Shikhar Microfinance Area Manager Salary

7 - 12 years exp. (5 salaries)

unlock blur

₹3.3 L/yr - ₹4.3 L/yr

arrow icon 14% less
Logo
Paisalo Digital Area Manager Salary

9 - 15 years exp. (5 salaries)

unlock blur

₹2.4 L/yr - ₹7.5 L/yr

arrow icon 8% more
Logo
Poonawalla Finance Area Manager Salary

5 - 14 years exp. (5 salaries)

unlock blur

₹9 L/yr - ₹13 L/yr

arrow icon 130% more
Logo
Bell Finvest Area Manager Salary

6 - 14 years exp. (4 salaries)

unlock blur

₹3.7 L/yr - ₹5 L/yr

arrow icon 6% more
unlock blur

₹6.5 L/yr - ₹15.8 L/yr

arrow icon 105% more
Logo
Yogakshemam Loans Area Manager Salary

9 - 15 years exp. (4 salaries)

unlock blur

₹3.1 L/yr - ₹7 L/yr

arrow icon 4% more
Logo
Hinduja Finance Area Manager Salary

3 - 5 years exp. (3 salaries)

unlock blur

₹3.5 L/yr - ₹6 L/yr

arrow icon 7% more
Logo
Rattanindia Finance Area Manager Salary

2 - 8 years exp. (3 salaries)

unlock blur

₹4.5 L/yr - ₹6.5 L/yr

arrow icon 15% more
Area Manager salary at Muthoot Mercantile ranges between ₹3.4 Lakhs to ₹5 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Area Manager

3d ago
avg blur mobile
12 years exp.
1mo ago
avg blur mobile
13 years exp.
2mo ago
avg blur mobile
10 years exp.
2mo ago
avg blur mobile
10 years exp.
4mo ago
avg blur mobile
11 years exp.
10mo ago
avg blur mobile
8 years exp.
11mo ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
8 years exp.

Experience wise Muthoot Mercantile Area Manager salaries

Last Updated: 2 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

unlock blur

₹3.4 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹4.2 L/yr - ₹7.6 L/yr
8 years  (4 salaries)

unlock blur

₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹5.1 L/yr
10 years  (4 salaries)

unlock blur

₹4.2 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Muthoot Mercantile

Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
Branch Manager Salary
(96 salaries)
unlock blur
₹2.15 L/yr - ₹4.85 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹0.3 L/yr - ₹0.3 L/yr
Deputy Manager Salary
(3 salaries)
unlock blur
₹3 L/yr - ₹4.1 L/yr
unlock blur
₹6.6 L/yr - ₹12 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.1 L/yr - ₹9.1 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
unlock blur
₹2.1 L/yr - ₹2.6 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
unlock blur
₹2.1 L/yr - ₹2.6 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
unlock blur
₹2.9 L/yr - ₹3.7 L/yr
unlock blur
₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Muthoot Mercantile

4.3

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 Jul 2024

1.0
 for  Salary and Benefits

Likes

As soon as possible muthoot mercantile should be closed

Dislikes

Salary not proper,salary slip not get,management worst people,HR not responsible,salary not get time..muthoot mercantile branch plz visit u feel ur come to govt death hospital room,TA/DA not proper..whenever visit to staff plz watch them face..sad & nervous..don't join muthoot mercantile.plz join swiggy,zomato better then muthoot mercantile

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 13 Mar 2024

1.0
 for  Salary and Benefits

Likes

No thing, everything is Worst

Dislikes

Bad experience, No PF deduction, Every month Salary God deduction without any reason and eny explanation, No Job security, Company not have any Ethics and rules like Corporate, Worst experience of my life.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 25 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing good about this FAKE company

Dislikes

... of Muthoot Finance and Fincorp by Lying to customers as they are not the same . They don't even stationary budget staff have to pay for it . AC have timers from KERALA which get off . Over all Management don't know to work they work like unorganized sector. As a gold loan company they don't have proper packet to pack they are so cheap they recycle packet 4 times and wrap gold in newspaper which is below standard company even jewelers pack in Ziplock bag . SO OVER ALL FAKE COMAPNY NO PF NO INSURANCE TO STAFF AND LOTS OF DEDUCTION SO BEAWARE BEFORE JOINING FOR ANY THING YOU ARE LIABLE .

read more
  • Salary - Bad
  • +6 more

Gold Loan Department

1.0
  •  posted on 29 Jul 2020

1.0
 for  Salary and Benefits

Likes

they are not supporting there employees . they not pay any amount during lockdown period .they are not trust there employees . if any fraud happen in any branch by other person they are recover money from there employees and after recover money they are terminated the all staff . employee prove that yourself as a inocent person but employer are not listening to employee.

read more

Dislikes

unprofessional work type. not pay office expense many office expenses pay by himself . if any miscound found they not investigating that what is incident happen they are not supporting there staff and terminated the staff. they are not give to time to explain yourself and prove yourself even after termination they are not pickup your phone call and not reply your mail .

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Oct 2024

4.0
 for  Salary and Benefits

Likes

Good working atmosphere and very good work culture. We have a very dynamic and flamboyant MD and we have full faith and belief in the Management. There is not much pressure compared to Banks. I have worked in Banks for 22 years. Get good exposure and job satisfaction.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing in particular as such. Need little more support and coordination from Head Office. Need vendor approvals etc on time. Not got TA, but I am sure things will be sorted out. Overall a Wonderful Place to Work. Good work life balance too.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Mercantile Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Mercantile?
Area Manager salary at Muthoot Mercantile in India ranges between ₹3.4 Lakhs to ₹5.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 53% less than the average Area Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Mercantile India.
How does the salary of a Area Manager at Muthoot Mercantile India compare with the average salary range for this job?
The average salary of a Area Manager at Muthoot Mercantile is 53% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Mercantile to a Area Manager in India?
  • Reliance Capital Area Manager Salary - ₹7.0 Lakhs to ₹17.6 Lakhs per year
  • Edelweiss Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Anand Rathi Global Finance Area Manager Salary - ₹6.3 Lakhs to ₹16.5 Lakhs per year
  • Bajaj Finance Area Manager Salary - ₹5.0 Lakhs to ₹14.5 Lakhs per year
  • HDB Financial Services Area Manager Salary - ₹6.0 Lakhs to ₹15.3 Lakhs per year
What is the salary of a Area Manager in companies similar to Muthoot Mercantile in India?
  • Poonawalla Finance Area Manager Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
  • Cholamandalam Investment & Finance Area Manager Salary - ₹5.1 Lakhs to ₹16.5 Lakhs per year
  • Square Capital Advisory Services Area Manager Salary - ₹6.5 Lakhs to ₹15.8 Lakhs per year
  • L&T Finance Area Manager Salary - ₹4.9 Lakhs to ₹14.8 Lakhs per year
  • Mahindra Finance Area Manager Salary - ₹3.1 Lakhs to ₹12.5 Lakhs per year
What is the estimated take home salary of a Area Manager at Muthoot Mercantile in India?
The estimated take-home salary of a Area Manager at Muthoot Mercantile ranges between ₹33,452 per month to ₹34,714 per month in India. The take-home salary calculation is based on the average Muthoot Mercantile Area Manager salary in India which ranges between ₹3.4 Lakhs to ₹5.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Muthoot Mercantile?
According to AmbitionBox, 80% of the Muthoot Mercantile Area Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Mercantile Area Manager salary in India ranges between ₹3.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.