Muthoottu Mini Financiers Area Manager Salaries by 6 Employees (Updated 2024)

3 - 18 years exp.

₹2.5 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Area Manager Salary in NBFC Companies for 3 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 7 - 18 years exp. (4 salaries)	₹3.1 L/yr - ₹3.7 L/yr
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Sales & Business Development Area Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to Muthoottu Mini Financiers for Area Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Area Manager Salary 3 - 9 years exp. (155 salaries)	₹2.8 L/yr - ₹7 L/yr 47% more
Muthoot Finance Area Manager Salary 5 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹9.6 L/yr 65% more
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Shriram Finance Area Manager Salary 2 - 19 years exp. (6 salaries)	₹3 L/yr - ₹9 L/yr 69% more
Bajaj Finance Area Manager Salary 5 - 13 years exp. (195 salaries)	₹5.5 L/yr - ₹16 L/yr 170% more
Mahindra Finance Area Manager Salary 4 - 19 years exp. (101 salaries)	₹3.2 L/yr - ₹13.3 L/yr 124% more
Cholamandalam Investment & Finance Area Manager Salary 6 - 19 years exp. (70 salaries)	₹4.8 L/yr - ₹16.5 L/yr 168% more
L&T Finance Area Manager Salary 6 - 12 years exp. (31 salaries)	₹5 L/yr - ₹14.1 L/yr 131% more
HDB Financial Services Area Manager Salary 7 - 19 years exp. (233 salaries)	₹5.6 L/yr - ₹16.5 L/yr 207% more	4 job openings
Tata Capital Area Manager Salary 1 - 11 years exp. (10 salaries)	₹2.7 L/yr - ₹8.5 L/yr 81% more	2 job openings
Bajaj Housing Finance Area Manager Salary 5 - 14 years exp. (114 salaries)	₹6.1 L/yr - ₹17 L/yr 260% more
LIC Housing Finance Area Manager Salary 5 - 11 years exp. (31 salaries)	₹9 L/yr - ₹25 L/yr 421% more
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Hinduja Leyland Finance Area Manager Salary 8 - 16 years exp. (19 salaries)	₹4 L/yr - ₹9.9 L/yr 105% more
Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 106% more
Hero FinCorp Area Manager Salary 1 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹14.5 L/yr 228% more
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 191% more
Sammaan Capital Limited Area Manager Salary 8 - 11 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 65% more
Vastu Housing Finance Area Manager Salary 10 - 17 years exp. (5 salaries)	₹9.8 L/yr - ₹12.2 L/yr 200% more
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 346% more
Finova Capital Area Manager Salary 12 - 17 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 137% more
Shubham Housing Development Finance Area Manager Salary 4 - 21 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 92% more

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Area Manager salary at Muthoottu Mini Financiers ranges between ₹2.5 Lakhs to ₹3.7 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoottu Mini Financiers.

Experience wise Muthoottu Mini Financiers Area Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
13 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
14 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

View all

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 - ₹4.84 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

(19 salaries)

₹4.8 L/yr - ₹6.5 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

2.7

Rated by 6 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.

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.

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

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.

Dislikes

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

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

Dislikes

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

Branch Head in Tirupati

BFSI, Investments & Trading Department

1.0

• posted on 10 Apr 2022

1.0

for Salary and Benefits

Likes

There is no gowth in muthottu mini

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is a bond of 2 years before which cannot reside on the job training is not given to new joinees

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoottu Mini Financiers Area Manager Salary FAQs

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

Area Manager salary at Muthoottu Mini Financiers in India ranges between ₹2.5 Lakhs to ₹3.7 Lakhs for experience between 3 years to 18 years. According to our estimates it is 63% less than the average Area Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoottu Mini Financiers India.

How does the salary of a Area Manager at Muthoottu Mini Financiers India compare with the average salary range for this job?

The average salary of a Area Manager at Muthoottu Mini Financiers is 63% 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 Muthoottu Mini Financiers?

Product Launch, Business Development Management, Profitability, Area Management and Business Generation are some of the popular skills required to work as a Area Manager at Muthoottu Mini Financiers India.

Which similar companies are paying more than Muthoottu Mini Financiers to a Area Manager in India?

LIC Housing Finance Area Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Tata Capital Housing Finance Area Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Housing Finance Area Manager Salary - ₹6.1 Lakhs to ₹17.0 Lakhs per year
Hero FinCorp Area Manager Salary - ₹10.3 Lakhs to ₹14.5 Lakhs per year
HDB Financial Services Area Manager Salary - ₹5.6 Lakhs to ₹16.5 Lakhs per year

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

Vastu Housing Finance Area Manager Salary - ₹9.8 Lakhs to ₹12.2 Lakhs per year
PNB Housing Finance Area Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
India Shelter Finance Corporation Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime Area Manager Salary - ₹8.4 Lakhs to ₹12.2 Lakhs per year
Bajaj Finance Area Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year

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 ranges between ₹25,878 per month to ₹27,303 per month in India. The take-home salary calculation is based on the average Muthoottu Mini Financiers Area Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.7 Lakhs per year for employees with experience between 3 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Muthoottu Mini Financiers?

According to AmbitionBox, 50% of the Muthoottu Mini Financiers Area Managers reported a notice period of 1 Month, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Muthoottu Mini Financiers Area Manager Salaries

Muthoottu Mini Financiers Area Manager salary in India ranges between ₹2.5 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoottu Mini Financiers latest salaries received from various employees of Muthoottu Mini Financiers.