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Annual salary range
0 - 11 years exp.
₹2.2
Lakhs - ₹5.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary56% less than the average Area Manager Salary in NBFC Companies for 0 - 11 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
4 - 9
years
exp.
(14
salaries)
|  ₹2.2 L/yr - ₹5.2 L/yr |
Customer Success, Service & Operations
Area Manager Salary
1 - 11
years
exp.
(12
salaries)
| ₹3 L/yr - ₹5.4 L/yr |
Login to view exact salary
| |
Sales & Business Development
Area Manager Salary
0 - 11
years
exp.
(10
salaries)
| ₹2.5 L/yr - ₹5.4 L/yr |
Finance & Accounting
Area Manager Salary
4 - 8
years
exp.
(8
salaries)
| ₹2.2 L/yr - ₹4.3 L/yr |
Marketing & Communication
Area Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹3 L/yr - ₹4.5 L/yr |
Companies similar to Muthoot Microfin for Area Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bharat Financial Inclusion Area Manager Salary
1 - 11 years exp. (15 salaries) | ₹3.3 L/yr - ₹11 L/yr 
81%
more | |
 Ujjivan Financial Services Area Manager Salary
6 - 14 years exp. (4 salaries) | ₹4.4 L/yr - ₹16 L/yr
135%
more | |
Login to view exact salary
| ||
 Satin Creditcare Network Area Manager Salary
6 - 11 years exp. (5 salaries) | ₹3.6 L/yr - ₹5.2 L/yr
9%
more | |
 Spandana Sphoorty Financial Area Manager Salary
1 - 9 years exp. (3 salaries) | ₹5 L/yr - ₹9 L/yr
63%
more | |
 Equitas Small Finance Bank Area Manager Salary
10 - 21 years exp. (20 salaries) | ₹7.1 L/yr - ₹20.4 L/yr
221%
more | |
 Jana Small Finance Bank Area Manager Salary
3 - 10 years exp. (141 salaries) | ₹1.5 L/yr - ₹8 L/yr
5%
more | |
 Svatantra Microfin Area Manager Salary
5 - 9 years exp. (34 salaries) | ₹4 L/yr - ₹7.1 L/yr
35%
more | |
 Annapurna Finance Area Manager Salary
7 - 15 years exp. (37 salaries) | ₹4.7 L/yr - ₹8.5 L/yr
84%
more | |
 CreditAccess Grameen Area Manager Salary
7 - 16 years exp. (81 salaries) | ₹3.3 L/yr - ₹9 L/yr
41%
more | |
 Utkarsh Small Finance Bank Area Manager Salary
4 - 12 years exp. (41 salaries) | ₹3.5 L/yr - ₹8.5 L/yr
23%
more | |
 HDB Financial Services Area Manager Salary
7 - 18 years exp. (212 salaries) | ₹6 L/yr - ₹15.3 L/yr
148%
more | 6 job openings |
Login to view exact salary
| ||
 Bajaj Finance Area Manager Salary
5 - 16 years exp. (211 salaries) | ₹5 L/yr - ₹14.3 L/yr
135%
more | |
 Muthoot Fincorp Area Manager Salary
7 - 20 years exp. (213 salaries) | ₹3.2 L/yr - ₹10.1 L/yr
78%
more | 5 job openings |
 Manappuram Finance Area Manager Salary
3 - 8 years exp. (121 salaries) | ₹2.8 L/yr - ₹6.3 L/yr
20%
more | |
 Mahindra Finance Area Manager Salary
4 - 19 years exp. (99 salaries) | ₹2.5 L/yr - ₹12.5 L/yr
71%
more | |
 TVS Credit Area Manager Salary
8 - 18 years exp. (85 salaries) | ₹7.2 L/yr - ₹21 L/yr
228%
more | |
 Arohan Financial Services Area Manager Salary
4 - 15 years exp. (77 salaries) | ₹3.4 L/yr - ₹7.4 L/yr
34%
more | 1 job opening |
 Fusion Microfinance Area Manager Salary
5 - 12 years exp. (59 salaries) | ₹3.2 L/yr - ₹5.9 L/yr
15%
more | 1 job opening |
 IIFL SAMASTA Area Manager Salary
6 - 13 years exp. (56 salaries) | ₹3.5 L/yr - ₹6.3 L/yr
17%
more | |
 IIFL Finance Area Manager Salary
4 - 17 years exp. (33 salaries) | ₹3.9 L/yr - ₹14.4 L/yr
98%
more | |
View all
Area Manager salary at Muthoot Microfin ranges between ₹2.2
Lakhs
to ₹5.5
Lakhs
per year for employees with less than 1 year of experience 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
1
year
exp.
4w ago
10
years
exp.
1mo ago
8
years
exp.
2mo ago
11
years
exp.
3mo ago
9
years
exp.
3mo ago
6
years
exp.
3mo ago
5
years
exp.
4mo ago
10
years
exp.
4mo ago
7
years
exp.
4mo ago
9
years
exp.
Experience wise Muthoot Microfin Area Manager salaries
Last Updated: 21 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹7.1
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹4.7
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹3.7
L/yr
- ₹4.7
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3.7
L/yr
- ₹4.7
L/yr
|
| 4 years (5 salaries) |
₹2.4
L/yr
- ₹7.5
L/yr
|
View all
Similar Designation salaries in Muthoot Microfin
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
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Salary Discussions, Hike & Promotions
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 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 less than 1 year of experience 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?
- TVS Credit Area Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
- Equitas Small Finance Bank Area Manager Salary - ₹7.1 Lakhs to ₹20.4 Lakhs per year
- SMFG India Credit Area Manager Salary - ₹7.5 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 - ₹5.0 Lakhs to ₹14.3 Lakhs per year
- Ujjivan Financial Services Area Manager Salary - ₹4.4 Lakhs to ₹16.0 Lakhs per year
- IIFL Finance Area Manager Salary - ₹3.9 Lakhs to ₹14.4 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 ₹31,536 per month to ₹32,827 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 less than 1 year of experience 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, 76% 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 75 responses on AmbitionBox in last 2 years.
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Muthoot Microfin Area Manager Salaries by Location
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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
₹. Salary estimates are based on
57
Muthoot Microfin latest salaries received from various employees of
Muthoot Microfin.