Samco Mutual Fund Kolhapur Area Manager Salaries by Employees

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₹9.7 Lakhs - ₹12.4 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 1 Nov 2024

Companies similar to Samco Mutual Fund for Area Manager in Kolhapur

Samco Mutual Fund Area Manager Salary

11 years exp. (AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Area Manager Salary 11 - 15 years exp. (4 salaries)	₹11 L/yr - ₹13.2 L/yr 3% more	1 job opening
Brinton Pharmaceuticals Area Manager Salary 14 - 16 years exp. (4 salaries)	₹5.7 L/yr - ₹6.7 L/yr 44% less
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Star Union Dai-ichi Life Insurance Area Manager Salary 12 - 17 years exp. (4 salaries)	₹10.5 L/yr - ₹14.2 L/yr 7% more	2 job openings
LEAD School Area Manager Salary 12 - 13 years exp. (4 salaries)	₹9.8 L/yr - ₹11 L/yr 1% less
Dhani Loans and Services Area Manager Salary 5 - 11 years exp. (4 salaries)	₹4.7 L/yr - ₹6 L/yr 52% less

Area Manager salary at Samco Mutual Fund ranges between ₹9.7 Lakhs to ₹12.4 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Samco Mutual Fund.

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.

Salary - Good

+6 more

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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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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Samco Mutual Fund Area Manager Salary FAQs

How the salary growth look like for a Area Manager at Samco Mutual Fund in Kolhapur?

The salary growth for a Area Manager at Samco Mutual Fund in Kolhapur depends on factors such as experience, performance, and promotions. On average, a Area Manager in Kolhapur can expect the following growth trajectory at Samco Mutual Fund:

Experience	Average Salary Range
11 years	₹9.7 Lakhs to ₹12.4 Lakhs per year

and so on.

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Samco Mutual Fund Area Manager Salaries in Kolhapur

Samco Mutual Fund Area Manager salary in Kolhapur ranges between ₹9.7 Lakhs to ₹12.4 Lakhs. This is an estimate based on latest salaries received from employees of Samco Mutual Fund.