Muthoot Microfin Sales Manager Salaries by 6 Employees

1 - 5 years exp.

₹1.8 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

66% less than the average Sales Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.6 L/yr
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Sales & Business Development Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 2 Oct 2024

Companies similar to Muthoot Microfin for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Sales Manager Salary 1 - 6 years exp. (12 salaries)	₹1.7 L/yr - ₹6 L/yr 45% more
Ujjivan Financial Services Sales Manager Salary 3 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 64% more	5 job openings
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Satin Creditcare Network Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 24% more
Spandana Sphoorty Financial Sales Manager Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 46% more
Equitas Small Finance Bank Sales Manager Salary 3 - 11 years exp. (107 salaries)	₹2.4 L/yr - ₹9.6 L/yr 134% more	1 job opening
Jana Small Finance Bank Sales Manager Salary 4 - 11 years exp. (176 salaries)	₹1.9 L/yr - ₹8.3 L/yr 139% more
Annapurna Finance Sales Manager Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 29% more
CreditAccess Grameen Sales Manager Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 17% less
Utkarsh Small Finance Bank Sales Manager Salary 3 - 11 years exp. (138 salaries)	₹2 L/yr - ₹8 L/yr 126% more
HDB Financial Services Sales Manager Salary 0 - 14 years exp. (1.1k salaries)	₹1 L/yr - ₹6.5 L/yr 57% more	7 job openings
Bajaj Finance Sales Manager Salary 0 - 10 years exp. (820 salaries)	₹1.2 L/yr - ₹8.5 L/yr 125% more	3 job openings
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Aditya Birla Finance Sales Manager Salary 2 - 11 years exp. (373 salaries)	₹3 L/yr - ₹9.2 L/yr 158% more
IIFL Finance Sales Manager Salary 2 - 9 years exp. (222 salaries)	₹1.8 L/yr - ₹9 L/yr 83% more	1 job opening
SMFG India Credit Sales Manager Salary 0 - 13 years exp. (222 salaries)	₹1.8 L/yr - ₹10 L/yr 118% more	2 job openings
Shriram Finance Sales Manager Salary 0 - 13 years exp. (130 salaries)	₹2 L/yr - ₹10 L/yr 167% more
Mahindra Finance Sales Manager Salary 4 - 10 years exp. (108 salaries)	₹2.4 L/yr - ₹9 L/yr 100% more
L&T Finance Sales Manager Salary 4 - 11 years exp. (82 salaries)	₹3 L/yr - ₹12.1 L/yr 192% more
Muthoot Fincorp Sales Manager Salary 3 - 12 years exp. (61 salaries)	₹3 L/yr - ₹6.8 L/yr 112% more
Home Credit Finance Sales Manager Salary 5 - 8 years exp. (45 salaries)	₹1.8 L/yr - ₹6 L/yr 34% more
Muthoot Finance Sales Manager Salary 1 - 10 years exp. (45 salaries)	₹2.5 L/yr - ₹6.5 L/yr 95% more	6 job openings

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Sales Manager salary at Muthoot Microfin ranges between ₹1.8 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Sales Manager salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Muthoot Microfin

Area Manager Salary

(56 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Regional Manager Salary

(27 salaries)

₹5 L/yr - ₹11.15 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹2 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

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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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Microfin Sales Manager Salary FAQs

What is the salary of Sales Manager at Muthoot Microfin ?

The average salary of a Sales Manager at Muthoot Microfin in India typically ranges from ₹1.8 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Manager at Muthoot Microfin earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Sales Manager Salaries at Muthoot Microfin can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Muthoot Microfin employees in India.

What is the estimated take home salary of a Sales Manager at Muthoot Microfin in India?

The estimated take-home salary of a Sales Manager at Muthoot Microfin in India typically ranges from ₹16,599 to ₹18,305 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Microfin for Sales Manager in India?

L&T Finance	₹3.0 Lakhs to ₹12.1 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Finance	₹3.0 Lakhs to ₹9.2 Lakhs per year
Jana Small Finance Bank	₹1.9 Lakhs to ₹8.3 Lakhs per year
Equitas Small Finance Bank	₹2.4 Lakhs to ₹9.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.

What is the salary of a Sales Manager in companies similar to Muthoot Microfin in India?

The salary of a Sales Manager at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank	₹2.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Finance	₹1.2 Lakhs to ₹8.5 Lakhs per year
SMFG India Credit	₹1.8 Lakhs to ₹10.0 Lakhs per year
Muthoot Fincorp	₹3.0 Lakhs to ₹6.8 Lakhs per year
Tata Motors Finance	₹2.8 Lakhs to ₹8.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
1 year	₹0.7 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.6 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.6 Lakhs to ₹4.8 Lakhs per year

and so on.

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Muthoot Microfin Sales Manager Salaries

Muthoot Microfin Sales Manager salary in India ranges between ₹1.8 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.