IDFC Mutual Fund Branch Manager Salaries by 4 Employees

6 - 10 years exp.

₹7.5 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Branch Manager Salary in Financial Services Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹12.5 L/yr
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Sales & Business Development Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 23 Mar 2023

Companies similar to IDFC Mutual Fund for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Branch Manager Salary 7 - 19 years exp. (151 salaries)	₹4.1 L/yr - ₹12 L/yr 23% less
Aadhar Housing Finance Branch Manager Salary 5 - 15 years exp. (149 salaries)	₹4 L/yr - ₹11.2 L/yr 10% less
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Vastu Housing Finance Branch Manager Salary 5 - 14 years exp. (75 salaries)	₹3.9 L/yr - ₹9 L/yr 33% less
NJ India Invest Branch Manager Salary 2 - 11 years exp. (30 salaries)	₹4.4 L/yr - ₹10 L/yr 23% less
SBI Mutual Fund Branch Manager Salary 4 - 12 years exp. (27 salaries)	₹4.5 L/yr - ₹11.3 L/yr 31% less
Anand Rathi: Online Stock Trading & Advisory Branch Manager Salary 8 - 17 years exp. (25 salaries)	₹3.4 L/yr - ₹10.6 L/yr 25% less	4 job openings
Axis Direct Branch Manager Salary 9 - 19 years exp. (22 salaries)	₹5.8 L/yr - ₹15 L/yr 5% more
ICICI Home Finance Branch Manager Salary 7 - 13 years exp. (11 salaries)	₹6 L/yr - ₹16.5 L/yr 2% more
Franklin Templeton Investments Branch Manager Salary 6 - 8 years exp. (6 salaries)	₹8 L/yr - ₹18 L/yr 19% more
SBI Cards & Payment Services Branch Manager Salary 1 - 31 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 62% less

Branch Manager salary at IDFC Mutual Fund ranges between ₹7.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Branch Manager salaries

Last Updated: 23 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹19.1 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹12.5 L/yr
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8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.3 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14 L/yr

Similar Designation salaries in IDFC Mutual Fund

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Sales Officer Salary

(4 salaries)

₹3.25 L/yr - ₹3.9 L/yr

Sales Executive Salary

(5 salaries)

₹2.15 L/yr - ₹3 L/yr

Senior Relationship Manager Salary

(5 salaries)

₹6.3 L/yr - ₹10 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for IDFC Mutual Fund

2.0

Rated by 1 employees for salary & benefits

Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Work culture is good up to some extent.

Work-life balance - Excellent

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

Salary - Bad

+4 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2018

4.0

for Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

Salary - Good

+5 more

Dislikes

Always depending upon the reporting manager you will get to under.

Assistant Vice President

BFSI, Investments & Trading Department

2.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

Good Tools and Training.

Skill development - Good

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

Salary - Poor

+3 more

VRM in Thane

Mutual fund Department

4.0

• posted on 19 Oct 2018

3.0

for Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

Skill development - Good

+3 more

Dislikes

Gave the best to IDFC but still i am on off role.

Job security - Poor

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

Salary - Bad

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC Mutual Fund Branch Manager Salary FAQs

What is the salary of Branch Manager at IDFC Mutual Fund ?

The average salary of a Branch Manager at IDFC Mutual Fund in India typically ranges from ₹7.5 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Branch Manager at IDFC Mutual Fund earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Branch Manager Salaries at IDFC Mutual Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 IDFC Mutual Fund employees in India.

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

The estimated take-home salary of a Branch Manager at IDFC Mutual Fund in India typically ranges from ₹66,832 to ₹68,542 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 6 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of IDFC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC Mutual Fund for Branch Manager in India?

Franklin Templeton Investments	₹8.0 Lakhs to ₹18.0 Lakhs per year
Axis Direct	₹5.8 Lakhs to ₹15.0 Lakhs per year
ICICI Home Finance	₹6.0 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC Mutual Fund, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to IDFC Mutual Fund in India?

The salary of a Branch Manager at companies similar to IDFC Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aadhar Housing Finance	₹4.0 Lakhs to ₹11.2 Lakhs per year
NJ India Invest	₹4.4 Lakhs to ₹10.0 Lakhs per year
Kotak Securities	₹4.1 Lakhs to ₹12.0 Lakhs per year
Anand Rathi: Online Stock Trading & Advisory	₹3.4 Lakhs to ₹10.6 Lakhs per year
SBI Mutual Fund	₹4.5 Lakhs to ₹11.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Manager at IDFC Mutual Fund in India?

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

Experience	Average Salary Range
6 years	₹8.8 Lakhs to ₹19.1 Lakhs per year
7 years	₹4.0 Lakhs to ₹12.5 Lakhs per year
8 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
9 years	₹8.0 Lakhs to ₹15.3 Lakhs per year

and so on.

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IDFC Mutual Fund Branch Manager Salaries

IDFC Mutual Fund Branch Manager salary in India ranges between ₹7.5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.