Muthoottu Mini Financiers Area Manager Salaries by 4 Employees

7 - 11 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Area Manager Salary in NBFC Companies for 7 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.4 L/yr
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Customer Success, Service & Operations Area Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr

Last Updated: 9 Oct 2024

Companies similar to Muthoottu Mini Financiers for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Housing Finance Area Manager Salary 6 - 14 years exp. (115 salaries)	₹5.8 L/yr - ₹17.8 L/yr 217% more
LIC Housing Finance Area Manager Salary 5 - 11 years exp. (29 salaries)	₹9 L/yr - ₹25 L/yr 347% more
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Hinduja Leyland Finance Area Manager Salary 5 - 17 years exp. (21 salaries)	₹3.3 L/yr - ₹9.7 L/yr 69% more
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 76% more
Hero FinCorp Area Manager Salary 1 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹14 L/yr 180% more
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 149% more
Sammaan Capital Limited Area Manager Salary 2 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹13.6 L/yr 87% more
Finova Capital Area Manager Salary 7 - 17 years exp. (6 salaries)	₹5.7 L/yr - ₹10 L/yr 85% more
Aptus Value Housing Finance India Area Manager Salary 7 - 14 years exp. (5 salaries)	₹8.3 L/yr - ₹12 L/yr 145% more
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 281% more
Kanakadurga Finance Area Manager Salary 12 - 15 years exp. (5 salaries)	₹4.5 L/yr - ₹9.8 L/yr 83% more
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Tyger Capital Area Manager Salary 8 - 15 years exp. (5 salaries)	₹8.2 L/yr - ₹11.3 L/yr 147% more
Shubham Housing Development Finance Area Manager Salary 4 - 21 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 64% more
India Shelter Finance Corporation Area Manager Salary 4 - 16 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 135% more
Kotak Mahindra Prime Area Manager Salary 11 - 14 years exp. (4 salaries)	₹8.4 L/yr - ₹12.2 L/yr 135% more
Midland Microfin Limited Area Manager Salary 6 - 14 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 7% more
IKF Finance Area Manager Salary 10 - 16 years exp. (4 salaries)	₹7.9 L/yr - ₹10.6 L/yr 114% more
InCred Finance Area Manager Salary 10 - 15 years exp. (4 salaries)	₹8 L/yr - ₹10.5 L/yr 124% more
Light Microfinance Area Manager Salary 6 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr 6% less
MAS Financial Services Area Manager Salary 8 - 11 years exp. (4 salaries)	₹7.2 L/yr - ₹14.1 L/yr 158% more

View all

Area Manager salary at Muthoottu Mini Financiers ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoottu Mini Financiers.

Experience wise Muthoottu Mini Financiers Area Manager salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
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9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.4 L/yr

Similar Designation salaries in Muthoottu Mini Financiers

Sales Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Branch Manager Salary

(78 salaries)

₹1.95 L/yr - ₹5.34 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.7 L/yr - ₹5.1 L/yr

Cluster Manager Salary

(6 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(7 salaries)

₹3.24 L/yr - ₹4 L/yr

Regional Manager Salary

(20 salaries)

₹4.8 L/yr - ₹7.8 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Relationship Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Top skills at Muthoottu Mini Financiers for Area Manager

Product Launch Business Development Management Profitability Area Management Business Generation Sales Marketing Region Lead Generation Zonal

Salary related reviews for Muthoottu Mini Financiers

4.3

Rated by 7 employees for salary & benefits

Business Development Executive in Jangaon

Other Department

4.0

• posted on 02 Oct 2018

4.0

for Salary and Benefits

Likes

Thise company is mainly gold loan based company, iam selecting in this company I have some experience in gold why beaucase iam a goldsmith family my father also making gold items iam also making gold items.Iam appraising gold very good, in thise mmfl no froud gold founding. Iam 30-45 times loging insurence the company is send appreciat mails .iam loging western union,money gram,trans-fast.every month calculate targets achievement.

Salary - Good

+6 more

Dislikes

...aucase iam goldsmith some gold items making me my father also making gold items.my salary is not hikes, iam asking lot of times to HR sir hike my salary no respond.

Branch Executive in Alappuzha

Full Time

Finance & Accounting Department

1.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to like in the organisation.

Dislikes

1.Hectic pressure from the Zonal Manager and Regional Manager. 2.High target with less salary. 3.Interst rates are very high comparing to other financial institutions. 4.No proper training form company side and once you resign within one year they will deduct Rs 15000 from salary. 5.Target was not on Gold loan,you need to do health insurance,home insurance, Vehicle insurance, Pan card,Gold buying schemes etc etc and N number of targets. Not at all recommended for an employee's.

Salary - Bad

+6 more

Executive in Hubli

Full Time

Risk Management & Compliance Department

1.0

• posted on 16 Aug 2023

1.0

for Salary and Benefits

Likes

Coming likes yes there is good culture in this company

Dislikes

... staffs from karnataka are resigning Then how we feel its there job security And company don't pay good salary and ask and tourcher for the TPP activation 4.No leaves are arrange when staff is in need of Please company should look into this n take a action other wise this may effect company . I hope this will not continue if this stop company have possibilities to grow more And company should pay good salary and ask for the business please kindly look into this and do the needful to the staff . Thank you

Salary - Bad

+6 more

Senior Manager in Coimbatore

BFSI, Investments & Trading Department

4.0

• posted on 05 Nov 2022

3.0

for Salary and Benefits

Likes

Yes..Company Culture and Management lever very good I wish change the company trend as given me the post.As per my knowledge I given my best.

Job security - Good

+2 more

Dislikes

...ffs .BM is responsible everything not other staffs so the team sprit is missing.incentive not giving monthly base with salary.

Skill development - Poor

+1 more

Relationship Executive in Hyderabad / Secunderabad

Business Development & Operations Department

4.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

Good work culture and environment. Teammates are supportive and the management is transparent. Company policies are good and Good salary hike

Skill development - Good

+5 more

Dislikes

The management doesn't address our issues. Salary is decent but career growth is slow and some security problems

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoottu Mini Financiers Area Manager Salary FAQs

What is the salary of Area Manager at Muthoottu Mini Financiers ?

The average salary of a Area Manager at Muthoottu Mini Financiers in India typically ranges from ₹3.6 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Area Manager at Muthoottu Mini Financiers earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Area Manager Salaries at Muthoottu Mini Financiers 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 4 Muthoottu Mini Financiers employees in India.

What is the estimated take home salary of a Area Manager at Muthoottu Mini Financiers in India?

The estimated take-home salary of a Area Manager at Muthoottu Mini Financiers in India typically ranges from ₹30,679 to ₹31,983 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 7 years to 11 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 4 salaries received from various employees of Muthoottu Mini Financiers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Muthoottu Mini Financiers ?

To be a Area Manager at Muthoottu Mini Financiers in india, the key skills required include:

- Product Launch
- Business Development Management
- Profitability
- Area Management
- Business Generation

These skills are highly valued at Muthoottu Mini Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoottu Mini Financiers for Area Manager in India?

LIC Housing Finance	₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance	₹12.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Housing Finance	₹5.8 Lakhs to ₹17.8 Lakhs per year
Hero FinCorp	₹10.3 Lakhs to ₹14.0 Lakhs per year
MAS Financial Services	₹7.2 Lakhs to ₹14.1 Lakhs per year

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

What is the salary of a Area Manager in companies similar to Muthoottu Mini Financiers in India?

The salary of a Area Manager at companies similar to Muthoottu Mini Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB Housing Finance	₹8.3 Lakhs to ₹11.0 Lakhs per year
Tyger Capital	₹8.2 Lakhs to ₹11.3 Lakhs per year
Aptus Value Housing Finance India	₹8.3 Lakhs to ₹12.0 Lakhs per year
India Shelter Finance Corporation	₹7.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime	₹8.4 Lakhs to ₹12.2 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 Area Manager at Muthoottu Mini Financiers in India?

The salary growth for a Area Manager at Muthoottu Mini Financiers depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Muthoottu Mini Financiers:

Experience	Average Salary Range
7 years	₹1.6 Lakhs to ₹5.0 Lakhs per year
8 years	₹1.6 Lakhs to ₹5.0 Lakhs per year
9 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
10 years	₹3.6 Lakhs to ₹7.5 Lakhs per year

and so on.

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Muthoottu Mini Financiers Area Manager Salaries

Muthoottu Mini Financiers Area Manager salary in India ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoottu Mini Financiers latest salaries received from various employees of Muthoottu Mini Financiers.