Branch Manager 1
Annual salary range
₹2.4 Lakhs - ₹10.9 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byBranch Manager 1 Salary in India (Updated 2025)
based on 632
latest salaries
• updated:
22 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Branch Manager 1 Salary in India ranges between ₹2.4 Lakhs to ₹10.9 Lakhs for 3 years of experience to 15 years of experience. Salary estimates are based on 632 latest salaries received from Branch Manager...
Read More
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
ICICI Bank Branch Manager 1 Salary
10 years exp |  | |
IIFL Finance Branch Manager 1 Salary
10 years exp | | |
 Branch Manager 1 Salary
10 years exp | | |
 Branch Manager 1 Salary
10 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
7 -
15
yrs
exp.
(37 salaries)
|
₹5.1 L/yr - ₹11 L/yr | |
|
2 -
12
yrs
exp.
(26 salaries)
|
₹3.7 L/yr - ₹6.5 L/yr | |
Login to view exact salary
| ||
|
4 -
15
yrs
exp.
(23 salaries)
|
₹3 L/yr - ₹5 L/yr | |
|
4 -
11
yrs
exp.
(22 salaries)
|
₹3 L/yr - ₹5.6 L/yr | |
2 -
9
yrs
exp.
(10 salaries)
|
₹4.1 L/yr - ₹5.5 L/yr | |
2 -
4
yrs
exp.
(8 salaries)
|
₹2.4 L/yr - ₹4.3 L/yr | |
4 -
9
yrs
exp.
(7 salaries)
|
₹2.6 L/yr - ₹4.3 L/yr | |
2 -
10
yrs
exp.
(7 salaries)
|
₹4 L/yr - ₹6.3 L/yr | |
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| ||
2 -
14
yrs
exp.
(7 salaries)
|
₹3.5 L/yr - ₹10.8 L/yr | |
2 -
7
yrs
exp.
(6 salaries)
|
₹2.6 L/yr - ₹5.6 L/yr | |
Latest annual salaries shared by Branch Manager 1s
2d ago
Capri Global Capital
Branch Manager 1
10 years exp.
2d ago
Reliance Retail
Branch Manager 1
3 years exp.
6d ago
Muthoot Fincorp
Branch Manager 1
9 years exp.
6d ago
Aditya Birla Capital
Branch Manager 1
13 years exp.
6d ago
Venture Capital Care Advisors
Branch Manager 1
6 years exp.
1w ago
Tata AIA Life Insurance
Branch Manager 1
8 years exp.
1w ago
Svatantra Microfin
Branch Manager 1
9 years exp.
1w ago
Bharat Financial Inclusion
Branch Manager 1
5 years exp.
1w ago
Fedbank Financial Services
Branch Manager 1
13 years exp.
1w ago
Pahal Financial Services
Branch Manager 1
4 years exp.
View all latest salaries
Branch Manager 1 salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(44
salaries)
| ₹2 L/yr - ₹5.3 L/yr |
4
years
(42
salaries)
| ₹2.2 L/yr - ₹7 L/yr |
Login to view exact salary
| |
5
years
(62
salaries)
| ₹2.3 L/yr - ₹6.6 L/yr |
6
years
(67
salaries)
| ₹2 L/yr - ₹8.2 L/yr |
7
years
(64
salaries)
| ₹3 L/yr - ₹8.7 L/yr |
View all salaries by experience
Branch Manager 1 Jobs in India
Branch Manager 1
· 3-4 years
Marwadi Group
Jamnagar
Branch Manager 1
· 2-7 years
Marwadi Group
Anand
Branch Manager 1
· 8-13 years
Tekpillar
₹8.5
L/yr
- ₹14
L/yr
Chhota Udaipur
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Branch Manager Salary
4 -
17
years
exp.
(50.7k salaries)
| ₹2.6 L/yr - ₹18 L/yr |
Credit Manager Salary
1 -
10
years
exp.
(19.9k salaries)
| ₹3 L/yr - ₹13 L/yr |
Login to view exact salary
| |
Branch Incharge Salary
2 -
14
years
exp.
(4.3k salaries)
| ₹1.5 L/yr - ₹9 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(1.3L salaries)
| ₹2.2 L/yr - ₹16 L/yr |
Area Manager Salary
4 -
16
years
exp.
(28.5k salaries)
| ₹3.3 L/yr - ₹18.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Branch Manager 1
ICICI Bank
Deputy Manager
• posted on 01 Feb 2025
Likes
Job Security
- Job security - Good
Dislikes
I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.
read more- Work satisfaction - Poor
+1 more
Muthoot Finance
Senior Manager
• posted on 18 Feb 2025
Likes
Company is giving internal promotions and incentive for all employés irrespective of function.
- Job security - Good
+2 more
Dislikes
Low salary for existing employees and giving better salary for new entrance in the same role 6 Days working is very hectic , company collecting money from employees for evening tea., Parent insurance is not available. Etc...
read moreMuthoot Fincorp
Senior Manager
• posted on 21 Dec 2024
IIFL Finance
Branch Manager
• posted on 04 Aug 2023
Likes
Good salary offer for employees
- Salary - Good
Dislikes
High pressure on branch manager.Nobody ask for business to other staff
- Skill development - Poor
+4 more
Top skills for Branch Manager 1
Branch Manager 1 Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Branch Manager 1
3 -
15
years
exp.
| ₹3.3 L/yr - ₹10.9 L/yr |
Hyderabad / Secunderabad
Branch Manager 1
4 -
13
years
exp.
| ₹3 L/yr - ₹11 L/yr |
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| |
Bangalore / Bengaluru
Branch Manager 1
3 -
15
years
exp.
| ₹2 L/yr - ₹12.5 L/yr |
Chennai
Branch Manager 1
6 -
15
years
exp.
| ₹3 L/yr - ₹10 L/yr |
Mumbai
Branch Manager 1
5 -
14
years
exp.
| ₹3.6 L/yr - ₹14 L/yr |
View More
Branch Manager 1 Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Branch Manager 1
3 -
15
years
exp.
| ₹2.6 L/yr - ₹12 L/yr |
NBFC Branch Manager 1
3 -
15
years
exp.
| ₹2.7 L/yr - ₹7.5 L/yr |
Login to view exact salary
| |
Banking Branch Manager 1
3 -
15
years
exp.
| ₹3 L/yr - ₹14 L/yr |
Insurance Branch Manager 1
4 -
15
years
exp.
| ₹4.8 L/yr - ₹11.5 L/yr |
FinTech Branch Manager 1
3 -
14
years
exp.
| ₹4 L/yr - ₹6.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Branch Manager 1 Salaries
What is the salary of a Branch Manager 1 in India?
The salary of a Branch Manager 1 in India varies based on experience, location, company & Industry.
On average, Branch Manager 1 salaries ranges from ₹2.4 Lakhs to ₹10.9 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.4 Lakhs to ₹10.9 Lakhs per year, with the highest salary reaching ₹5.1 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 632 salaries received from various Branch Manager 1s across industries.
The average starting salary is around ₹2.4 Lakhs to ₹10.9 Lakhs per year, with the highest salary reaching ₹5.1 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 632 salaries received from various Branch Manager 1s across industries.
What are the top paying companies that employ Branch Manager 1s?
Branch Manager 1 Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| ICICI Bank Branch Manager 1 Salary | ₹5.1 Lakhs to ₹11 Lakhs per year |
| IIFL Finance Branch Manager 1 Salary | ₹4.3 Lakhs to ₹5.5 Lakhs per year |
| Muthoot Finance Branch Manager 1 Salary | ₹4.5 Lakhs to ₹5 Lakhs per year |
| Muthoot Fincorp Branch Manager 1 Salary | ₹4 Lakhs to ₹5 Lakhs per year |
What are the top paying cities for Branch Manager 1 in India?
The annual salary for Branch Manager 1 in India varies by location. Top paying cities for Branch Manager 1 are
Salary expectations for Branch Manager 1 may vary based on job roles, experience, and specific employer requirements.
| Branch Manager 1 Salary in New Delhi | ₹3.3 Lakhs to ₹10.9 Lakhs per year |
| Branch Manager 1 Salary in Hyderabad / Secunderabad | ₹3.0 Lakhs to ₹11.0 Lakhs per year |
| Branch Manager 1 Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹12.5 Lakhs per year |
| Branch Manager 1 Salary in Chennai | ₹3.0 Lakhs to ₹10.0 Lakhs per year |
| Branch Manager 1 Salary in Mumbai | ₹3.6 Lakhs to ₹14.0 Lakhs per year |
What are the top paying industries for Branch Manager 1 in India?
Top 5 paying Industries for Branch Manager 1 in India are:
| Branch Manager 1 Salary in Financial Services | ₹2.6 Lakhs to ₹12.0 Lakhs per year |
| Branch Manager 1 Salary in NBFC | ₹2.7 Lakhs to ₹7.5 Lakhs per year |
| Branch Manager 1 Salary in Banking | ₹3.0 Lakhs to ₹14.0 Lakhs per year |
| Branch Manager 1 Salary in Insurance | ₹4.8 Lakhs to ₹11.5 Lakhs per year |
| Branch Manager 1 Salary in FinTech | ₹4.0 Lakhs to ₹6.5 Lakhs per year |
How does experience affect salaries of a Branch Manager 1 in India?
Experience significantly impacts a Branch Manager 1 salary in India. Salaries increase with experience, as Branch Manager 1 take on more complex tasks, responsibilities, and leadership roles.
Branch Manager 1 salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹2.0 Lakhs to ₹5.3 Lakhs per year |
| 4 years | ₹2.2 Lakhs to ₹7.0 Lakhs per year |
| 5 years | ₹2.3 Lakhs to ₹6.6 Lakhs per year |
| 6 years | ₹2.0 Lakhs to ₹8.2 Lakhs per year |
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