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4.3

based on 920 Reviews

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Muthoot Microfin Area Manager salaries in India

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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Last Updated: 21 Dec 2024

Companies similar to Muthoot Microfin for Area Manager

Company name Avg Annual Salary Open Jobs
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Bharat Financial Inclusion Area Manager Salary

1 - 11 years exp. (15 salaries)

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₹3.3 L/yr - ₹11 L/yr

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Equitas Small Finance Bank Area Manager Salary

10 - 21 years exp. (19 salaries)

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₹8.5 L/yr - ₹20.4 L/yr

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Jana Small Finance Bank Area Manager Salary

3 - 10 years exp. (141 salaries)

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₹1.5 L/yr - ₹8 L/yr

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Svatantra Microfin Area Manager Salary

5 - 9 years exp. (32 salaries)

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₹4 L/yr - ₹7.1 L/yr

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Annapurna Finance Area Manager Salary

7 - 15 years exp. (37 salaries)

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₹4.7 L/yr - ₹9.6 L/yr

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CreditAccess Grameen Area Manager Salary

8 - 16 years exp. (67 salaries)

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₹3.7 L/yr - ₹9 L/yr

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Utkarsh Small Finance Bank Area Manager Salary

4 - 12 years exp. (41 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

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Muthoot Fincorp Area Manager Salary

7 - 20 years exp. (216 salaries)

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₹3.2 L/yr - ₹10.1 L/yr

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1 job opening
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Bajaj Finance Area Manager Salary

5 - 16 years exp. (200 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 131% more
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HDB Financial Services Area Manager Salary

7 - 19 years exp. (229 salaries)

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₹6 L/yr - ₹16.5 L/yr

arrow icon 158% more
2 job openings
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Manappuram Finance Area Manager Salary

3 - 9 years exp. (150 salaries)

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₹2.7 L/yr - ₹6.3 L/yr

arrow icon 20% more
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Mahindra Finance Area Manager Salary

5 - 19 years exp. (97 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 91% more
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Arohan Financial Services Area Manager Salary

4 - 15 years exp. (77 salaries)

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₹3.4 L/yr - ₹7.4 L/yr

arrow icon 35% more
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TVS Credit Area Manager Salary

8 - 18 years exp. (86 salaries)

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₹9 L/yr - ₹21 L/yr

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IIFL SAMASTA Area Manager Salary

6 - 13 years exp. (56 salaries)

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₹3.5 L/yr - ₹6.3 L/yr

arrow icon 17% more
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Fusion Microfinance Area Manager Salary

5 - 12 years exp. (60 salaries)

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₹3.2 L/yr - ₹5.9 L/yr

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Asirvad Microfinance Area Manager Salary

2 - 10 years exp. (70 salaries)

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₹2 L/yr - ₹6.8 L/yr

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L&T Finance Area Manager Salary

6 - 12 years exp. (29 salaries)

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₹5 L/yr - ₹14.1 L/yr

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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

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IIFL Finance Area Manager Salary

4 - 17 years exp. (33 salaries)

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₹3.9 L/yr - ₹14.4 L/yr

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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 54 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: 21 Dec 2024

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 - ₹4.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
4 years  (5 salaries)

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₹2.4 L/yr - ₹7.5 L/yr
5 years  (12 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
(98 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
(29 salaries)
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₹2.9 L/yr - ₹7.68 L/yr
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₹5 L/yr - ₹10 L/yr
Team Lead Salary
(4 salaries)
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₹2.85 L/yr - ₹3 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 - ₹2.4 L/yr
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₹1.6 L/yr - ₹2 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 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

4.0

Rated by 3 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

Dislikes

My reporting persons behaviour was not good. Nothing else.

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

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

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

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

Dislikes

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

read more

Operations Department

4.0
  •  posted on 21 May 2022

3.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

read more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

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 54 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 - ₹8.5 Lakhs to ₹20.4 Lakhs per year
  • TVS Credit Area Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
  • SMFG India Credit Area Manager Salary - ₹7.5 Lakhs to ₹16.9 Lakhs per year
  • HDB Financial Services Area Manager Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year
  • Aditya Birla Finance Area Manager Salary - ₹10.5 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Area Manager in companies similar to Muthoot Microfin in India?
  • Tata Motors Finance Area Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • Mahindra Rural Housing Finance Area Manager Salary - ₹9.3 Lakhs to ₹14.0 Lakhs per year
  • Bajaj Finance Area Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
  • IIFL Finance Area Manager Salary - ₹3.9 Lakhs to ₹14.4 Lakhs per year
  • Mahindra Finance Area Manager Salary - ₹3.5 Lakhs to ₹14.0 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 ₹31,387 per month to ₹32,681 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, 80% of the Muthoot Microfin Area Managers reported a notice period of 3 Months, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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