Samco Mutual Fund Area Manager Salaries by 5 Employees (Updated 2024)

10 - 14 years exp.

₹7.2 Lakhs - ₹10.8 Lakhs

Salary of majority employees

8% less than the average Area Manager Salary in Financial Services Companies for 10 - 14 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 11 - 14 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.8 L/yr
BFSI, Investments & Trading Area Manager Salary 14 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Finance & Accounting Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.7 L/yr

Last Updated: 1 Nov 2024

Companies similar to Samco Mutual Fund for Area Manager

Company name	Avg Annual Salary	Open Jobs
Aaa Capital Services Area Manager Salary 3 - 11 years exp. (26 salaries)	₹2.1 L/yr - ₹7 L/yr 62% less	1 job opening
Luker Electric Technologies Area Manager Salary 0 - 15 years exp. (4 salaries)	₹5.6 L/yr - ₹6.2 L/yr 34% less
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Karvy Financial Services Area Manager Salary 4 - 14 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 34% less
Icl Fincorp Area Manager Salary 12 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹10 L/yr 25% less
Shiksha Financial Services India Area Manager Salary 9 - 13 years exp. (4 salaries)	₹5.4 L/yr - ₹5.5 L/yr 38% less
Armstrong International Area Manager Salary 6 - 20 years exp. (3 salaries)	₹13.1 L/yr - ₹15.5 L/yr 57% more
Sonata Finance Area Manager Salary 11 - 15 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 64% less

Area Manager salary at Samco Mutual Fund ranges between ₹7.2 Lakhs to ₹10.8 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Samco Mutual Fund.

Experience wise Samco Mutual Fund Area Manager salaries

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹18.7 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.8 L/yr
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12 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹14.5 L/yr
14 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Samco Mutual Fund

Marketing Manager Salary

(7 salaries)

₹8 L/yr - ₹8 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Relationship Manager Salary

(4 salaries)

₹2.75 L/yr - ₹6.1 L/yr

Business Development Manager Salary

(7 salaries)

₹3 L/yr - ₹8 L/yr

Salary related reviews for Samco Mutual Fund

Business Development Manager in Bhubaneswar

Full Time

Sales & Business Development Department

5.0

• posted on 18 Oct 2024

4.0

for Salary and Benefits

Likes

I enjoyed the exposure to financial markets and the opportunity to build relationships with clients and distributors. It was a dynamic role that helped me develop strong interpersonal and sales skills while deepening my understanding of mutual funds.

Dislikes

The role involved extensive fieldwork and frequent travel, which became quite taxing over time. Sometimes, the high-pressure environment to meet sales targets made it challenging to maintain a work-life balance.

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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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Samco Mutual Fund Area Manager Salary FAQs

What is the salary of Area Manager at Samco Mutual Fund?

Area Manager salary at Samco Mutual Fund in India ranges between ₹7.2 Lakhs to ₹10.8 Lakhs for experience between 10 years to 14 years. According to our estimates it is 8% less than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Samco Mutual Fund India.

How does the salary of a Area Manager at Samco Mutual Fund India compare with the average salary range for this job?

The average salary of a Area Manager at Samco Mutual Fund is 8% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Samco Mutual Fund to a Area Manager in India?

Armstrong International Area Manager Salary - ₹13.1 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Area Manager in companies similar to Samco Mutual Fund in India?

Icl Fincorp Area Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Luker Electric Technologies Area Manager Salary - ₹5.6 Lakhs to ₹6.2 Lakhs per year
Karvy Financial Services Area Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Shiksha Financial Services India Area Manager Salary - ₹5.4 Lakhs to ₹5.5 Lakhs per year
Aaa Capital Services Area Manager Salary - ₹2.1 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Samco Mutual Fund in India?

The estimated take-home salary of a Area Manager at Samco Mutual Fund ranges between ₹64,574 per month to ₹66,220 per month in India. The take-home salary calculation is based on the average Samco Mutual Fund Area Manager salary in India which ranges between ₹7.2 Lakhs to ₹10.8 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Samco Mutual Fund?

According to AmbitionBox, 50% of the Samco Mutual Fund Area Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Samco Mutual Fund Area Manager Salaries

Samco Mutual Fund Area Manager salary in India ranges between ₹7.2 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Samco Mutual Fund latest salaries received from various employees of Samco Mutual Fund.