Muthoot Microfin Area Manager Salaries by 10 Employees (Updated 2025)

0 - 11 years exp.

₹2.5 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Area Manager Salary in NBFC Companies for 0 - 11 years of experience

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Last Updated: 31 Oct 2024

Companies similar to Muthoot Microfin for Area Manager in Sales & Business Development department

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Bharat Financial Inclusion Area Manager Salary 1 - 5 years exp. (7 salaries)	₹6.9 L/yr - ₹11 L/yr 76% more
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Jana Small Finance Bank Area Manager Salary 3 - 9 years exp. (25 salaries)	₹2.2 L/yr - ₹5 L/yr 4% less
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HDB Financial Services Area Manager Salary 7 - 18 years exp. (114 salaries)	₹6 L/yr - ₹15.3 L/yr 150% more	6 job openings
Muthoot Fincorp Area Manager Salary 7 - 19 years exp. (75 salaries)	₹3.2 L/yr - ₹12 L/yr 80% more	5 job openings
Bajaj Finance Area Manager Salary 5 - 16 years exp. (62 salaries)	₹5.2 L/yr - ₹15 L/yr 145% more
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Mahindra Finance Area Manager Salary 4 - 17 years exp. (35 salaries)	₹3.5 L/yr - ₹12 L/yr 87% more
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IIFL SAMASTA Area Manager Salary 6 - 13 years exp. (21 salaries)	₹3.6 L/yr - ₹6.3 L/yr 12% more
Manappuram Finance Area Manager Salary 3 - 8 years exp. (20 salaries)	₹3.8 L/yr - ₹6.3 L/yr 22% more
IIFL Finance Area Manager Salary 4 - 17 years exp. (14 salaries)	₹5 L/yr - ₹16 L/yr 112% more
Arohan Financial Services Area Manager Salary 7 - 15 years exp. (12 salaries)	₹4.6 L/yr - ₹7 L/yr 35% more	1 job opening
Fusion Microfinance Area Manager Salary 5 - 12 years exp. (11 salaries)	₹3.3 L/yr - ₹5.5 L/yr 12% more	1 job opening
SK Finance Limited Area Manager Salary 10 - 18 years exp. (8 salaries)	₹7.4 L/yr - ₹12.8 L/yr 135% more
SMFG India Credit Area Manager Salary 12 - 18 years exp. (8 salaries)	₹7.5 L/yr - ₹14.5 L/yr 206% more
Mahindra Rural Housing Finance Area Manager Salary 13 - 17 years exp. (6 salaries)	₹9.3 L/yr - ₹14 L/yr 177% more
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View all

Area Manager salary at Muthoot Microfin ranges between ₹2.5 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Area Manager salaries in Sales & Business Development department

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.3 L/yr
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (4 salaries)	₹2.5 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
8 years (3 salaries)	₹3.7 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Branch Manager Salary

(110 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(33 salaries)

₹2.9 L/yr - ₹7.88 L/yr

Regional Manager Salary

(32 salaries)

₹5 L/yr - ₹10 L/yr

Team Lead Salary

(4 salaries)

₹2.85 L/yr - ₹3 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Sales Executive Salary

(3 salaries)

₹1.6 L/yr - ₹2 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹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

4.5

Rated by 8 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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Muthoot Microfin Area Manager Salary FAQs

What is the salary of Area Manager at Muthoot Microfin in Sales & Business Development department?

Area Manager salary at Muthoot Microfin in Sales & Business Development department in India ranges between ₹2.5 Lakhs to ₹5.4 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 10 latest salaries received from various employees of Muthoot Microfin India in Sales & Business Development department.

How does the salary of a Area Manager at Muthoot Microfin India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Area Manager at Muthoot Microfin in Sales & Business Development department 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 Sales & Business Development department in India?

TVS Credit Area Manager Salary - ₹11.0 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Manager Salary - ₹7.5 Lakhs to ₹14.5 Lakhs per year
Equitas Small Finance Bank Area Manager Salary - ₹7.1 Lakhs to ₹18.0 Lakhs per year
Mahindra Rural Housing Finance Area Manager Salary - ₹9.3 Lakhs to ₹14.0 Lakhs per year
HDB Financial Services Area Manager Salary - ₹6.0 Lakhs to ₹15.3 Lakhs per year

What is the salary of a Area Manager in Sales & Business Development department in companies similar to Muthoot Microfin in India?

Bajaj Finance Area Manager Salary - ₹5.2 Lakhs to ₹15.0 Lakhs per year
SK Finance Limited Area Manager Salary - ₹7.4 Lakhs to ₹12.8 Lakhs per year
Tata Motors Finance Area Manager Salary - ₹8.0 Lakhs to ₹11.5 Lakhs per year
Aditya Birla Finance Area Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
IIFL Finance Area Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Area Manager in Sales & Business Development department at Muthoot Microfin in India?

The estimated take-home salary of a Area Manager in Sales & Business Development department at Muthoot Microfin ranges between ₹32,264 per month to ₹33,545 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Area Manager salary in India which ranges between ₹2.5 Lakhs to ₹5.4 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 in Sales & Business Development department at Muthoot Microfin?

According to AmbitionBox, 73% of the Muthoot Microfin Area Managers in Sales & Business Development department reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 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 Salaries

Muthoot Microfin Area Manager salary in Sales & Business Development department in India ranges between ₹2.5 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Area Manager salaries in Sales & Business Development in India

Companies similar to Muthoot Microfin for Area Manager in Sales & Business Development department

Latest annual salaries shared by Muthoot Microfin Area Manager in Sales & Business Development department

Experience wise Muthoot Microfin Area Manager salaries in Sales & Business Development department

Similar Designation salaries in Muthoot Microfin

Top skills at Muthoot Microfin for Area Manager

Salary related reviews for Muthoot Microfin

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Relationship Officer (working remotely)

Muthoot Microfin Area Manager Salary FAQs

Tell us how to improve this page.

Muthoot Microfin Area Manager Salaries by Location