Muthoot Microfin Sales Associate Salaries by Employees

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₹1.6 Lakh - ₹2.1 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 12 Nov 2023

Companies similar to Muthoot Microfin for Sales Associate

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Bajaj Finance Sales Associate Salary 0 - 10 years exp. (29 salaries)	₹1.3 L/yr - ₹3.6 L/yr 33% more
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L&T Finance Sales Associate Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹4.5 L/yr 36% more
Mahindra Finance Sales Associate Salary 1 - 9 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 53% more
Muthoot Finance Sales Associate Salary 1 - 12 years exp. (4 salaries)	₹1.7 L/yr - ₹2.4 L/yr 13% more
Muthoot Fincorp Sales Associate Salary 4 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 45% more
Tata Motors Finance Sales Associate Salary 0 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr 41% more
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Sales Associate salary at Muthoot Microfin ranges between ₹1.6 Lakh to ₹2.1 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Microfin.

Similar Designation salaries in Muthoot Microfin

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹2 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Cashier Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

Area Sales Manager Salary

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₹4 L/yr - ₹6.5 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Muthoot Microfin

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

Relationship Officer in Kundapura

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5.0

• posted on 19 Apr 2021

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Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

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There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

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1.0

• posted on 08 Aug 2021

1.0

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I don't like anything

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Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

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Manager in Sangli

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Human Resources Department

5.0

• posted on 12 Sep 2023

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My reporting persons behaviour was not good. Nothing else.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Microfin Sales Associate Salary FAQs

How the salary growth look like for a Sales Associate at Muthoot Microfin in India?

The salary growth for a Sales Associate at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Sales Associate can expect the following growth trajectory at Muthoot Microfin:

Experience	Average Salary Range
4 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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Muthoot Microfin Sales Associate Salaries

Muthoot Microfin Sales Associate salary in India ranges between ₹1.6 Lakh to ₹2.1 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Microfin.