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Muthoot Microfin Area Manager salaries in India (Updated 2025)

Annual salary range
1 - 11 years exp.
₹2.2 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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56% less than the average Area Manager Salary in NBFC Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
5 - 9 years exp. (13 salaries)
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₹2.2 L/yr - ₹5.2 L/yr

Customer Success, Service & Operations
Area Manager Salary
1 - 10 years exp. (11 salaries)
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₹3 L/yr - ₹5.4 L/yr

Finance & Accounting
Area Manager Salary
4 - 9 years exp. (11 salaries)
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₹2.2 L/yr - ₹5 L/yr

Sales & Business Development
Area Manager Salary
6 - 11 years exp. (11 salaries)
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₹2.5 L/yr - ₹5.4 L/yr

Last Updated: 10 Feb 2025

Companies similar to Muthoot Microfin for Area Manager

Company name Avg Annual Salary Open Jobs
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₹3.3 L/yr - ₹11 L/yr

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₹4.4 L/yr - ₹16 L/yr

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Satin Creditcare Network Area Manager Salary

6 - 12 years exp. (5 salaries)

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₹3.6 L/yr - ₹5.2 L/yr

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₹5 L/yr - ₹9 L/yr

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Equitas Small Finance Bank Area Manager Salary

11 - 21 years exp. (19 salaries)

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₹7.1 L/yr - ₹20.4 L/yr

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Jana Small Finance Bank Area Manager Salary

2 - 12 years exp. (158 salaries)

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₹1.5 L/yr - ₹8 L/yr

arrow icon 10% more
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Svatantra Microfin Area Manager Salary

5 - 9 years exp. (34 salaries)

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₹4 L/yr - ₹7.1 L/yr

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1 job opening
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Annapurna Finance Area Manager Salary

6 - 15 years exp. (43 salaries)

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₹4.7 L/yr - ₹10 L/yr

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CreditAccess Grameen Area Manager Salary

7 - 20 years exp. (81 salaries)

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₹3.3 L/yr - ₹9 L/yr

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1 job opening
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Utkarsh Small Finance Bank Area Manager Salary

4 - 12 years exp. (36 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 30% more
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Bajaj Finance Area Manager Salary

5 - 16 years exp. (229 salaries)

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₹5.2 L/yr - ₹15.5 L/yr

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233 job openings
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Muthoot Fincorp Area Manager Salary

7 - 20 years exp. (218 salaries)

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₹3.2 L/yr - ₹10.1 L/yr

arrow icon 74% more
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HDB Financial Services Area Manager Salary

7 - 17 years exp. (217 salaries)

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₹6 L/yr - ₹15.3 L/yr

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6 job openings
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Manappuram Finance Area Manager Salary

3 - 8 years exp. (124 salaries)

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₹2.9 L/yr - ₹6.6 L/yr

arrow icon 22% more
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Mahindra Finance Area Manager Salary

4 - 19 years exp. (98 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 87% more
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TVS Credit Area Manager Salary

10 - 18 years exp. (81 salaries)

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₹7.2 L/yr - ₹21 L/yr

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Arohan Financial Services Area Manager Salary

4 - 15 years exp. (77 salaries)

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₹3.4 L/yr - ₹7 L/yr

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Fusion Microfinance Area Manager Salary

5 - 12 years exp. (59 salaries)

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₹3.2 L/yr - ₹5.9 L/yr

arrow icon 15% more
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IIFL SAMASTA Area Manager Salary

6 - 13 years exp. (57 salaries)

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₹3.5 L/yr - ₹6.3 L/yr

arrow icon 16% more
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L&T Finance Area Manager Salary

5 - 12 years exp. (32 salaries)

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₹4.9 L/yr - ₹15 L/yr

arrow icon 97% more
View all
Area Manager salary at Muthoot Microfin ranges between ₹2.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Area Manager

3w ago
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9 years exp.
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8 years exp.
1mo ago
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8 years exp.
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6 years exp.
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8 years exp.
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6 years exp.
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1 year exp.
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10 years exp.
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8 years exp.
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11 years exp.

Experience wise Muthoot Microfin Area Manager salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
4 years  (4 salaries)

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₹2.4 L/yr - ₹7.4 L/yr
5 years  (11 salaries)

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₹2.2 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Muthoot Microfin

Sales Manager Salary
(6 salaries)
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₹1.84 L/yr - ₹3.19 L/yr
Branch Manager Salary
(116 salaries)
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₹2 L/yr - ₹4.62 L/yr
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₹4 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(32 salaries)
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₹3 L/yr - ₹7.88 L/yr
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₹5 L/yr - ₹11.15 L/yr
Team Lead Salary
(6 salaries)
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₹2.85 L/yr - ₹3.31 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹2.43 L/yr
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₹1.6 L/yr - ₹2 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr

Top skills at Muthoot Microfin for Area Manager

Branch Management Area Management Branch Operations Recovery Operations Sales Planning branch administration Excel Collections Territory Management MIS Reporting Branch Handling Performance Management Area Sales Management Agency Management Debt Management
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Salary related reviews for Muthoot Microfin

4.4

Rated by 35 employees for salary & benefits

Full Time

 · 

Human Resources Department

5.0
  •  posted on 12 Sep 2023

5.0
 for  Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 29 Dec 2024

4.0
 for  Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

read more
  • Salary - Good
  • +3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

read more
  • Work satisfaction - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 21 Jun 2023

1.0
 for  Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

read more

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Dec 2022

1.0
 for  Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

  • Job security - Good
  • +2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Feb 2023

3.0
 for  Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

  • Skill development - Good
  • +2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

read more
  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Microfin?
Area Manager salary at Muthoot Microfin in India ranges between ₹2.2 Lakhs to ₹5.5 Lakhs for experience between 1 years to 11 years. According to our estimates it is 56% less than the average Area Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Microfin India.
How does the salary of a Area Manager at Muthoot Microfin India compare with the average salary range for this job?
The average salary of a Area Manager at Muthoot Microfin is 56% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Area Manager at Muthoot Microfin?
Branch Management, Area Management, Branch Operations, Recovery Operations and Sales Planning are some of the popular skills required to work as a Area Manager at Muthoot Microfin India.
Which similar companies are paying more than Muthoot Microfin to a Area Manager in India?
  • Equitas Small Finance Bank Area Manager Salary - ₹7.1 Lakhs to ₹20.4 Lakhs per year
  • TVS Credit Area Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
  • SMFG India Credit Area Manager Salary - ₹9.1 Lakhs to ₹16.9 Lakhs per year
  • Aditya Birla Finance Area Manager Salary - ₹10.5 Lakhs to ₹15.0 Lakhs per year
  • Tata Motors Finance Area Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Area Manager in companies similar to Muthoot Microfin in India?
  • HDB Financial Services Area Manager Salary - ₹6.0 Lakhs to ₹15.3 Lakhs per year
  • Mahindra Rural Housing Finance Area Manager Salary - ₹9.3 Lakhs to ₹14.0 Lakhs per year
  • Bajaj Finance Area Manager Salary - ₹5.2 Lakhs to ₹15.5 Lakhs per year
  • Ujjivan Financial Services Area Manager Salary - ₹4.4 Lakhs to ₹16.0 Lakhs per year
  • SK Finance Limited Area Manager Salary - ₹5.0 Lakhs to ₹12.8 Lakhs per year
What is the estimated take home salary of a Area Manager at Muthoot Microfin in India?
The estimated take-home salary of a Area Manager at Muthoot Microfin ranges between ₹31,708 per month to ₹32,996 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Area Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Muthoot Microfin?
According to AmbitionBox, 74% of the Muthoot Microfin Area Managers reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 80 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Area Manager salary in India ranges between ₹2.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 57 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

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