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Muthoot Microfin Area Manager salaries in India (Updated 2025)

Annual salary range
4 - 11 years exp.
₹2.2 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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55% less than the average Area Manager Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

Sales & Business Development
Area Manager Salary
6 - 11 years exp. (14 salaries)
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₹2.5 L/yr - ₹5.4 L/yr

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

Finance & Accounting
Area Manager Salary
4 - 10 years exp. (12 salaries)
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₹2.2 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Area Manager Salary
4 - 10 years exp. (10 salaries)
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₹3 L/yr - ₹5.4 L/yr

Last Updated: 22 Mar 2025

Companies similar to Muthoot Microfin for Area Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Area Manager Salary

5 - 16 years exp. (231 salaries)

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₹5.2 L/yr - ₹16.5 L/yr

arrow icon 128% more
218 job openings
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HDB Financial Services Area Manager Salary

7 - 17 years exp. (189 salaries)

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₹6 L/yr - ₹15.3 L/yr

arrow icon 144% more
5 job openings
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Muthoot Fincorp Area Manager Salary

9 - 20 years exp. (196 salaries)

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₹3.2 L/yr - ₹12 L/yr

arrow icon 78% more
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Manappuram Finance Area Manager Salary

3 - 9 years exp. (151 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

5 - 19 years exp. (90 salaries)

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₹3.5 L/yr - ₹14.1 L/yr

arrow icon 85% more
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TVS Credit Area Manager Salary

8 - 18 years exp. (94 salaries)

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₹7 L/yr - ₹21 L/yr

arrow icon 241% more
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CreditAccess Grameen Area Manager Salary

7 - 20 years exp. (85 salaries)

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₹3.3 L/yr - ₹9 L/yr

arrow icon 35% more
1 job opening
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Arohan Financial Services Area Manager Salary

4 - 15 years exp. (75 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 33% more
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Asirvad Microfinance Area Manager Salary

3 - 10 years exp. (66 salaries)

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₹2 L/yr - ₹6.8 L/yr

arrow icon 9% more
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IIFL SAMASTA Area Manager Salary

6 - 13 years exp. (58 salaries)

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₹3.5 L/yr - ₹6.3 L/yr

arrow icon 15% more
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Fusion Microfinance Area Manager Salary

5 - 12 years exp. (57 salaries)

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₹3.2 L/yr - ₹5.9 L/yr

arrow icon 14% more
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Svatantra Microfin Area Manager Salary

5 - 12 years exp. (47 salaries)

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₹4 L/yr - ₹7.2 L/yr

arrow icon 34% more
1 job opening
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Annapurna Finance Area Manager Salary

6 - 14 years exp. (36 salaries)

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₹4.7 L/yr - ₹9 L/yr

arrow icon 80% more
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IIFL Finance Area Manager Salary

4 - 17 years exp. (33 salaries)

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₹3.9 L/yr - ₹13.8 L/yr

arrow icon 80% more
2 job openings
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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 95% more
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SK Finance Limited Area Manager Salary

10 - 18 years exp. (25 salaries)

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₹5 L/yr - ₹12.8 L/yr

arrow icon 101% more
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Veritas Finance Area Manager Salary

7 - 17 years exp. (16 salaries)

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₹6 L/yr - ₹9.6 L/yr

arrow icon 66% more
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Tata Motors Finance Area Manager Salary

3 - 13 years exp. (16 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 145% more
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₹3.3 L/yr - ₹11 L/yr

arrow icon 80% more
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₹9.3 L/yr - ₹14 L/yr

arrow icon 137% 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 4 years to 11 years. Salary estimates are based on 60 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Area Manager

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Experience wise Muthoot Microfin Area Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹2.5 L/yr - ₹7.5 L/yr
5 years  (11 salaries)

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₹2.2 L/yr - ₹5 L/yr
6 years  (11 salaries)

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₹2.2 L/yr - ₹5.4 L/yr
7 years  (8 salaries)

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₹3 L/yr - ₹5.2 L/yr
8 years  (13 salaries)

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₹2.8 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
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
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₹4 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 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

Salary related reviews for Muthoot Microfin

4.3

Rated by 37 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

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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 ?
The average salary of a Area Manager at Muthoot Microfin in India typically ranges from ₹2.2 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Area Manager at Muthoot Microfin earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Area Manager Salaries at Muthoot Microfin can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 60+ Muthoot Microfin employees in India.
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 in India typically ranges from ₹31,965 to ₹33,250 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 60+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Manager at Muthoot Microfin ?
To be a Area Manager at Muthoot Microfin in india, the key skills required include:

  • - Branch Management
  • - Area Management
  • - Branch Operations
  • - Recovery Operations
  • - Sales Planning

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Microfin for Area Manager in India?
TVS Credit ₹7.0 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit ₹9.1 Lakhs to ₹16.9 Lakhs per year
Aditya Birla Finance ₹10.5 Lakhs to ₹15.0 Lakhs per year
Tata Motors Finance ₹8.0 Lakhs to ₹15.0 Lakhs per year
HDB Financial Services ₹6.0 Lakhs to ₹15.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Muthoot Microfin in India?
The salary of a Area Manager at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance ₹9.3 Lakhs to ₹14.0 Lakhs per year
Bajaj Finance ₹5.2 Lakhs to ₹16.5 Lakhs per year
SK Finance Limited ₹5.0 Lakhs to ₹12.8 Lakhs per year
L&T Finance ₹4.9 Lakhs to ₹15.0 Lakhs per year
Mahindra Finance ₹3.5 Lakhs to ₹14.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Area Manager at Muthoot Microfin in India?
The salary growth for a Area Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
4 years ₹2.5 Lakhs to ₹7.5 Lakhs per year
5 years ₹2.2 Lakhs to ₹5.0 Lakhs per year
6 years ₹2.2 Lakhs to ₹5.4 Lakhs per year
7 years ₹3.0 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

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 60 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.