Branch Manager
Annual salary range
₹3.1 Lakhs - ₹22.5 Lakhs
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Very High Confidence means the data is based on a large number of latest salaries.
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Mumbai
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Branch Manager Salary in Mumbai (Updated 2025)
based on 2.6k
latest salaries
• updated:
11 Mar 2025
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Salary of majority employees
Branch Manager Salary in Mumbai ranges between ₹3.1 Lakhs to ₹22.5 Lakhs for 4 years of experience to 17 years of experience. Salary estimates are based on 2.6k latest salaries received from Branch Manager.
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Latest annual salaries
Salaries by experience
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Similar designations
Salary related reviews
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| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
5 -
20
yrs
exp.
.
Mumbai
(222 salaries)
|
₹6.3 L/yr - ₹25.1 L/yr | |
7 -
20
yrs
exp.
.
Mumbai
(136 salaries)
|
₹7.5 L/yr - ₹25.6 L/yr | 1 job opening |
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| ||
7 -
19
yrs
exp.
.
Mumbai
(83 salaries)
|
₹8.3 L/yr - ₹26 L/yr | 3 job openings |
7 -
22
yrs
exp.
.
Mumbai
(82 salaries)
|
₹8.3 L/yr - ₹27.9 L/yr | 16 job openings |
2 -
14
yrs
exp.
.
Mumbai
(76 salaries)
|
₹2.2 L/yr - ₹7 L/yr | 3 job openings |
6 -
20
yrs
exp.
.
Mumbai
(52 salaries)
|
₹6.7 L/yr - ₹28 L/yr | 5 job openings |
3 -
18
yrs
exp.
.
Mumbai
(51 salaries)
|
₹6.1 L/yr - ₹18 L/yr | |
11 -
21
yrs
exp.
.
Mumbai
(49 salaries)
|
₹11.2 L/yr - ₹28.5 L/yr | 6 job openings |
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| ||
5 -
16
yrs
exp.
.
Mumbai
(35 salaries)
|
₹4 L/yr - ₹8 L/yr | 2 job openings |
2 -
11
yrs
exp.
.
Mumbai
(34 salaries)
|
₹4 L/yr - ₹8.6 L/yr | |
Latest annual salaries shared by Branch Managers
1d ago
Jainam Broking
Branch Manager
5 years exp.
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1d ago
Alliance Pro IT
Branch Manager
10 years exp.
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1d ago
Associated Deltaway Logistics
Branch Manager
10 years exp.
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1d ago
CCPL
Branch Manager
15 years exp.
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1d ago
HDFC Bank
Branch Manager
16 years exp.
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1d ago
Ujjivan Small Finance Bank
Branch Manager
10 years exp.
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1d ago
Capri Global Capital
Branch Manager
8 years exp.
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1d ago
LeapScholar
Branch Manager
7 years exp.
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1d ago
LTK Industries
Branch Manager
10 years exp.
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1d ago
Bajaj Allianz Life Insurance
Branch Manager
9 years exp.
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Branch Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
4
years
(110
salaries)
| Unlock ₹2.2 L/yr - ₹22 L/yr |
5
years
(138
salaries)
| Unlock ₹2.2 L/yr - ₹18 L/yr |
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| |
6
years
(166
salaries)
| Unlock ₹2.4 L/yr - ₹22.9 L/yr |
7
years
(209
salaries)
| Unlock ₹3 L/yr - ₹20 L/yr |
8
years
(225
salaries)
| Unlock ₹3 L/yr - ₹15.5 L/yr |
View all salaries by experience
Branch Manager Jobs in Mumbai
Branch Manager
· 5-10 years
HDB Financial Services
Mumbai
Branch Manager
· 4-6 years
Muthoot FinCorp (MFL)
₹3
L/yr
- ₹5
L/yr
Madurai
Branch Manager
· 1-6 years
Max Life Insurance
₹6
L/yr
- ₹13
L/yr
Bangalore Rural
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| Unlock ₹3.6 L/yr - ₹13.5 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(13.1k salaries)
| Unlock ₹2.8 L/yr - ₹18 L/yr |
Login to view exact salary
| |
Area Manager Salary
4 -
16
years
exp.
(1.8k salaries)
| Unlock ₹3.6 L/yr - ₹20.3 L/yr |
Branch Sales Manager Salary
3 -
13
years
exp.
(833 salaries)
| Unlock ₹3.6 L/yr - ₹13 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(30k salaries)
| Unlock ₹8 L/yr - ₹36 L/yr |
View more similar designations
Salary related reviews by similar designations like Branch Manager
ICICI Bank
Branch Manager in Macherla
• posted on 20 Feb 2025
Likes
Good to work on icici
- Salary - Good
+3 more
Dislikes
...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.
read moreHDFC Bank
Branch Manager in Sindhudurg
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreL&T Finance
Branch Manager in Hanwada
• posted on 10 Feb 2025
Likes
Work life Salary Skill development
- Salary - Good
+4 more
Dislikes
Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials
read moreBharat Financial Inclusion
Branch Manager in Kochi
• posted on 22 Feb 2025
Likes
...ff in BFIL and within a short period of time I was promoted to a branch manager. BFIL gives salary and incentive which no other company gives, they will pay salary exactly on 31st of every month. The package provided by them is very good like vehicle fuel charge, insurance.HR,IT,MS,PTC,and account's department team is very supportive.
read more- Salary - Excellent
+6 more
Dislikes
Evening Con call , late night work ,Working on holidays
CreditAccess Grameen
Branch Manager in Full Time Office
• posted on 27 Dec 2024
Likes
Good Company but Chennai division manager Mr.Kannan very bad
- Salary - Good
+4 more
Dislikes
Chennai division DM mr.Kannan ask daily customer to bill deposit their my salary & tell not allowed to new PAR..😡 I have loss Rs.175000 due to pressure from chennai divisional manager Mr.Kannan sir...😥😥 Chennai division many staff attrition ... Now i am reliving this company 😥
read more- Promotions - Poor
Top skills for Branch Manager
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Branch Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Branch Manager
4 -
17
years
exp.
| Unlock ₹3.1 L/yr - ₹21 L/yr |
Bangalore / Bengaluru
Branch Manager
4 -
17
years
exp.
| Unlock ₹3.1 L/yr - ₹20 L/yr |
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| |
Kolkata
Branch Manager
4 -
17
years
exp.
| Unlock ₹2.7 L/yr - ₹18 L/yr |
Hyderabad / Secunderabad
Branch Manager
4 -
17
years
exp.
| Unlock ₹3 L/yr - ₹18 L/yr |
Chennai
Branch Manager
4 -
17
years
exp.
| Unlock ₹3 L/yr - ₹17.5 L/yr |
View More
Branch Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Branch Manager
4 -
17
years
exp.
| Unlock ₹3 L/yr - ₹18 L/yr |
Banking Branch Manager
4 -
17
years
exp.
| Unlock ₹4.5 L/yr - ₹20 L/yr |
Login to view exact salary
| |
NBFC Branch Manager
4 -
17
years
exp.
| Unlock ₹2.8 L/yr - ₹13.9 L/yr |
Insurance Branch Manager
4 -
17
years
exp.
| Unlock ₹5 L/yr - ₹17 L/yr |
Internet Branch Manager
4 -
17
years
exp.
| Unlock ₹3 L/yr - ₹15 L/yr |
View More
Frequently Asked Questions about Branch Manager Salaries
What is the salary of a Branch Manager in Mumbai?
Salary for a Branch Manager in Mumbai ranges between ₹3.1 Lakhs to ₹22.5 Lakhs per year. Salary estimates are based on 2.6k latest salaries received from various Branch Managers across industries.
What are the top paying companies that employ Branch Managers?
- ITC Branch Manager Salary - ₹55.6 Lakhs per year
- Samsung Branch Manager Salary - ₹43.2 Lakhs per year
- Pernod Ricard Branch Manager Salary - ₹40.2 Lakhs per year
- Crompton Greaves Consumer Electricals Branch Manager Salary - ₹37.8 Lakhs per year
- Mindsprint Branch Manager Salary - ₹37.7 Lakhs per year
What is the starting salary for a Branch Manager in Mumbai?
Average starting Salary for Branch Manager in India is around ₹3.1 Lakhs per year (₹25.8k per month). 4 years of minimum experience is required to be a Branch Manager.
What is the highest salary for a Branch Manager in Mumbai?
Highest salary that a Branch Manager can earn is ₹90.0 Lakhs per year (₹7.5L per month).
What are the top paying industries for Branch Manager in Mumbai?
- Banking - ₹2.4 Lakhs to 51.0 Lakhs per year
- Insurance - ₹3.5 Lakhs to 24.0 Lakhs per year
- Internet - ₹2.2 Lakhs to 23.0 Lakhs per year
- Financial Services - ₹2.0 Lakhs to 93.0 Lakhs per year
- NBFC - ₹2.2 Lakhs to 15.0 Lakhs per year
What are the top paying cities for Branch Manager in India?
- Mumbai - ₹0.2 Lakhs to 544.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 50.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.2 Lakhs to 418.0 Lakhs per year
- Kolkata - ₹0.1 Lakhs to 1084.8 Lakhs per year
- Hyderabad / Secunderabad - ₹0.2 Lakhs to 323.0 Lakhs per year
What are the popular/top skills required to become a Branch Manager?
These are the top skills of a Branch Manager based on 1.8k jobs posted by employers.
- Salesforce
- Customer Service
- Business Development
- Team Management
- Operations
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