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

5 - 7 years exp.

₹2.2 Lakhs - ₹4.2 Lakhs

Salary of majority employees

62% less than the average Area Manager Salary in NBFC Companies for 5 - 7 years of experience

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Salaries in different departments

Finance & Accounting Area Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.8 L/yr
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BFSI, Investments & Trading Area Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr

Last Updated: 16 Mar 2024

Companies similar to Muthoot Microfin for Area Manager in Chennai

Muthoot Microfin Area Manager Salary

5 - 7 years exp. (4 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Area Manager Salary 3 - 9 years exp. (14 salaries)	₹2.1 L/yr - ₹4.8 L/yr 13% more
HDB Financial Services Area Manager Salary 7 - 16 years exp. (13 salaries)	₹8 L/yr - ₹14 L/yr 170% more	3 job openings
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Bajaj Finance Area Manager Salary 5 - 13 years exp. (12 salaries)	₹7.6 L/yr - ₹12 L/yr 172% more
Muthoot Fincorp Area Manager Salary 8 - 19 years exp. (10 salaries)	₹7 L/yr - ₹8.5 L/yr 97% more
Manappuram Finance Area Manager Salary 6 - 9 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 34% more
L&T Finance Area Manager Salary 5 - 8 years exp. (4 salaries)	₹8 L/yr - ₹9.3 L/yr 124% more
TVS Credit Area Manager Salary 11 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.6 L/yr 246% more

Area Manager salary at Muthoot Microfin ranges between ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Area Manager salaries in Chennai

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
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7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.2 L/yr

Similar Designation salaries in Muthoot Microfin

Branch Manager Salary

(11 salaries)

₹2.45 L/yr - ₹4.5 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

5.0

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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Muthoot Microfin Area Manager Salary FAQs

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

Area Manager salary at Muthoot Microfin in Chennai ranges between ₹2.2 Lakhs to ₹4.2 Lakhs for experience between 5 years to 7 years. According to our estimates it is 62% less than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin Chennai.

How does the salary of a Area Manager at Muthoot Microfin Chennai compare with the average salary range for this job?

The average salary of a Area Manager at Muthoot Microfin is 62% less than the average salary of a Area Manager in Chennai. 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 Chennai.

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

TVS Credit Area Manager Salary - ₹9.0 Lakhs to ₹13.6 Lakhs per year
Bajaj Finance Area Manager Salary - ₹7.6 Lakhs to ₹12.0 Lakhs per year
HDB Financial Services Area Manager Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
L&T Finance Area Manager Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year
Muthoot Fincorp Area Manager Salary - ₹7.0 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Area Manager in companies similar to Muthoot Microfin in Chennai?

Manappuram Finance Area Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Jana Small Finance Bank Area Manager Salary - ₹2.1 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Area Manager at Muthoot Microfin ranges between ₹28,702 per month to ₹30,086 per month in Chennai. The take-home salary calculation is based on the average Muthoot Microfin Area Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Microfin Area Managers in Chennai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Microfin Area Manager Salaries in Chennai

Muthoot Microfin Area Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.