Branch Manager
Annual salary range
₹3 Lakhs - ₹22 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 Salary in Mumbai
based on 2.7k
latest salaries
• updated:
18 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Branch Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
4
years
(113
salaries)
|  ₹2.2 L/yr - ₹22 L/yr |
5
years
(142
salaries)
| ₹2.2 L/yr - ₹18 L/yr |
Login to view exact salary
| |
6
years
(172
salaries)
| ₹2.2 L/yr - ₹20 L/yr |
7
years
(211
salaries)
| ₹3 L/yr - ₹20 L/yr |
8
years
(230
salaries)
| ₹3 L/yr - ₹15.5 L/yr |
View all salaries by experience
Branch Manager Salary in
Mumbai ranges between ₹3
Lakhs to ₹22
Lakhs for
4 years of experience to 17 years of experience
. Salary estimates are based on
2.7k latest salaries received
from Branch Manager.
See latest salaries
Branch Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Branch Manager Salary
4 - 17
years
exp.
(855
salaries)
| ₹3 L/yr - ₹22 L/yr |
Login to view exact salary
| |
Sales & Business Development
Branch Manager Salary
4 - 17
years
exp.
(635
salaries)
| ₹3 L/yr - ₹22 L/yr |
View all departments salaries
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Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Branch Managers
1d ago
Jainam Broking
Branch Manager
5 years exp.
1d ago
Alliance Pro IT
Branch Manager
10 years exp.
1d ago
Associated Deltaway Logistics
Branch Manager
10 years exp.
1d ago
CCPL
Branch Manager
15 years exp.
1d ago
HDFC Bank
Branch Manager
16 years exp.
1d ago
Ujjivan Small Finance Bank
Branch Manager
10 years exp.
1d ago
Capri Global Capital
Branch Manager
8 years exp.
1d ago
LeapScholar
Branch Manager
7 years exp.
1d ago
LTK Industries
Branch Manager
10 years exp.
1d ago
Bajaj Allianz Life Insurance
Branch Manager
9 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
5 -
20
yrs
exp.
.
Mumbai
(226 salaries)
|
₹5.5 L/yr - ₹22 L/yr | |
7 -
20
yrs
exp.
.
Mumbai
(133 salaries)
|
₹7.5 L/yr - ₹25.6 L/yr | |
Login to view exact salary
| ||
7 -
19
yrs
exp.
.
Mumbai
(82 salaries)
|
₹6.2 L/yr - ₹26 L/yr | 1 job opening |
7 -
20
yrs
exp.
.
Mumbai
(79 salaries)
|
₹6.4 L/yr - ₹25 L/yr | 7 job openings |
2 -
14
yrs
exp.
.
Mumbai
(77 salaries)
|
₹2.2 L/yr - ₹7 L/yr | |
3 -
18
yrs
exp.
.
Mumbai
(50 salaries)
|
₹6 L/yr - ₹18 L/yr | |
6 -
20
yrs
exp.
.
Mumbai
(50 salaries)
|
₹6.7 L/yr - ₹28 L/yr | 6 job openings |
11 -
21
yrs
exp.
.
Mumbai
(46 salaries)
|
₹11.2 L/yr - ₹28.5 L/yr | 7 job openings |
Login to view exact salary
| ||
6 -
18
yrs
exp.
.
Mumbai
(35 salaries)
|
₹4 L/yr - ₹8 L/yr | 2 job openings |
3 -
11
yrs
exp.
.
Mumbai
(32 salaries)
|
₹4 L/yr - ₹8.6 L/yr | |
Branch Manager Jobs in Mumbai
Branch Manager
· 6-11 years
HDB Financial Services
₹7.5
L/yr
- ₹12
L/yr
New Delhi
Branch Manager
· 8-13 years
AU Small Finance Bank
Guwahati
Branch Manager
· 7-12 years
Nippon India
Kota
Similar Designation Salaries for Branch Manager
| Designations | Avg Annual Salary |
|---|---|
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(13.1k salaries)
| ₹2.8 L/yr - ₹18 L/yr |
Login to view exact salary
| |
Area Manager Salary
4 -
16
years
exp.
(1.8k salaries)
| ₹3.6 L/yr - ₹20.5 L/yr |
Branch Sales Manager Salary
3 -
13
years
exp.
(840 salaries)
| ₹3.6 L/yr - ₹12.6 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.8k salaries)
| ₹8 L/yr - ₹36 L/yr |
View more similar designations
Salary related reviews by similar designations like Branch Manager
HDFC 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 moreMuthoot Fincorp
Branch Manager in Patna
• posted on 07 Nov 2024
Likes
Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.
read more- Salary - Good
+6 more
Dislikes
Monday to Saturday office. Less festival leave like in deepawali and chath pooja.
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
Mahindra Rural Housing Finance
Branch Manager in Shujalpur
• posted on 15 Dec 2024
Likes
...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary
read more- Skill development - Good
Dislikes
The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).
read more- Job security - Poor
Top skills for Branch Manager
Branch Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Branch Manager
4 -
17
years
exp.
| ₹3.1 L/yr - ₹21 L/yr |
Bangalore / Bengaluru
Branch Manager
4 -
17
years
exp.
| ₹3.1 L/yr - ₹20 L/yr |
Login to view exact salary
| |
Kolkata
Branch Manager
4 -
17
years
exp.
| ₹2.7 L/yr - ₹18 L/yr |
Hyderabad / Secunderabad
Branch Manager
4 -
17
years
exp.
| ₹3 L/yr - ₹18 L/yr |
Chennai
Branch Manager
4 -
17
years
exp.
| ₹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.
| ₹3 L/yr - ₹18 L/yr |
Banking
Branch Manager
4 -
17
years
exp.
| ₹4.5 L/yr - ₹20 L/yr |
Login to view exact salary
| |
NBFC
Branch Manager
4 -
17
years
exp.
| ₹2.8 L/yr - ₹13.9 L/yr |
Insurance
Branch Manager
4 -
17
years
exp.
| ₹5 L/yr - ₹17 L/yr |
Manufacturing
Branch Manager
4 -
17
years
exp.
| ₹3 L/yr - ₹28.5 L/yr |
View More
Frequently Asked Questions about Branch Manager Salaries
What is the salary of a Branch Manager in India?
Salary for a Branch Manager in India ranges between ₹3.0 Lakhs to ₹22.0 Lakhs per year. Salary estimates are based on 2.7k 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 - ₹42.6 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 India?
Average starting Salary for Branch Manager in India is around ₹3.0 Lakhs per year (₹25.0k per month). 4 years of minimum experience is required to be a Branch Manager.
What is the highest salary for a Branch Manager in India?
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 India?
- Consumer Electronics & Appliances - ₹2.2 Lakhs to 42.0 Lakhs per year
- Banking - ₹2.4 Lakhs to 40.0 Lakhs per year
- Insurance - ₹3.5 Lakhs to 24.0 Lakhs per year
- Financial Services - ₹2.0 Lakhs to 93.0 Lakhs per year
- NBFC - ₹2.1 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
- Bangalore / Bengaluru - ₹0.2 Lakhs to 418.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 50.0 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 1k jobs posted by employers.
- Salesforce
- Customer Service
- Business Development
- Operations
- Team Management
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