Muthoot Microfin Bhubaneswar Area Manager Salaries by 4 Employees (Updated 2025)

1 - 6 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Salary of majority employees

56% less than the average Area Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Area Manager Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
Finance & Accounting Area Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr
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Sales & Business Development Area Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.4 L/yr

Last Updated: 21 Dec 2024

Companies similar to Muthoot Microfin for Area Manager in Bhubaneswar

Muthoot Microfin Area Manager Salary

1 - 6 years exp. (4 salaries)

₹3.6 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Area Manager Salary 12 - 18 years exp. (6 salaries)	₹5.2 L/yr - ₹7.6 L/yr 69% more
Manappuram Finance Area Manager Salary 5 - 6 years exp. (6 salaries)	₹5.2 L/yr - ₹6 L/yr 20% more
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Fusion Microfinance Area Manager Salary 5 - 9 years exp. (5 salaries)	₹4 L/yr - ₹5.2 L/yr 15% more
Arohan Financial Services Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6 L/yr - ₹6.8 L/yr 36% more
Tata Steel Area Manager Salary 6 - 17 years exp. (14 salaries)	₹16 L/yr - ₹28 L/yr 390% more

Area Manager salary at Muthoot Microfin ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Area Manager salaries in Bhubaneswar

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr

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Similar Designation salaries in Muthoot Microfin

Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(3 salaries)

₹3.96 L/yr - ₹4.89 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

1.0

Rated by 1 employees for salary & benefits

Manager in Sangli

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.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

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.

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

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

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

Dislikes

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

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

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.

Salary - Bad

+2 more

Relationship Officer (working remotely)

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

Promotions - Bad

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Muthoot Microfin Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Microfin Bhubaneswar?

Area Manager salary at Muthoot Microfin in Bhubaneswar ranges between ₹3.6 Lakhs to ₹5.4 Lakhs for experience between 1 years to 6 years. According to our estimates it is 56% less than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin Bhubaneswar.

How does the salary of a Area Manager at Muthoot Microfin Bhubaneswar 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 Bhubaneswar. 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 Bhubaneswar.

Which similar companies are paying more than Muthoot Microfin to a Area Manager in Bhubaneswar?

Tata Steel Area Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
Muthoot Fincorp Area Manager Salary - ₹5.2 Lakhs to ₹7.6 Lakhs per year
Arohan Financial Services Area Manager Salary - ₹6.0 Lakhs to ₹6.8 Lakhs per year
Manappuram Finance Area Manager Salary - ₹5.2 Lakhs to ₹6.0 Lakhs per year
Fusion Microfinance Area Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Area Manager at Muthoot Microfin in Bhubaneswar?

The estimated take-home salary of a Area Manager at Muthoot Microfin ranges between ₹32,858 per month to ₹34,130 per month in Bhubaneswar. The take-home salary calculation is based on the average Muthoot Microfin Area Manager salary in India which ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Muthoot Microfin in Bhubaneswar?

According to AmbitionBox, 40% of the Muthoot Microfin Area Managers in Bhubaneswar reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Area Manager Salaries in Bhubaneswar

Muthoot Microfin Area Manager salary in Bhubaneswar ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.