Lokmanya Multipurpose Co-op Society Branch Manager Salaries by 20+ Employees (Updated 2025)

5 - 13 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Salary of majority employees

53% less than the average Branch Manager Salary in Financial Services Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 5 - 12 years exp. (11 salaries)	₹3 L/yr - ₹5 L/yr
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Finance & Accounting Branch Manager Salary 6 - 13 years exp. (8 salaries)	₹2.5 L/yr - ₹4.5 L/yr

Last Updated: 21 Dec 2024

Companies similar to Lokmanya Multipurpose Co-op Society for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Amul India Branch Manager Salary 1 - 11 years exp. (103 salaries)	₹10.3 L/yr - ₹38 L/yr 432% more
ITC Branch Manager Salary 4 - 20 years exp. (22 salaries)	₹28 L/yr - ₹90 L/yr 1219% more
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HDFC Bank Branch Manager Salary 5 - 23 years exp. (2.5k salaries)	₹6.5 L/yr - ₹23 L/yr 239% more	6 job openings
State Bank of India Branch Manager Salary 5 - 16 years exp. (317 salaries)	₹7.8 L/yr - ₹30 L/yr 327% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹23 L/yr 209% more	1 job opening
TCS Branch Manager Salary 0 - 11 years exp. (12 salaries)	₹14.2 L/yr - ₹15.1 L/yr 242% more
Reliance Industries Branch Manager Salary 9 - 17 years exp. (20 salaries)	₹5.1 L/yr - ₹18.8 L/yr 177% more
Hindustan Unilever Branch Manager Salary 1 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹2.5 L/yr 63% less
Mahindra & Mahindra Branch Manager Salary 3 - 10 years exp. (35 salaries)	₹1.9 L/yr - ₹6 L/yr 26% less
Chemmanur Credits and Investments Branch Manager Salary 0 - 15 years exp. (41 salaries)	₹2.4 L/yr - ₹4 L/yr 26% less	1 job opening
Sonata Finance Branch Manager Salary 0 - 8 years exp. (41 salaries)	₹1.5 L/yr - ₹4.5 L/yr 39% less
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Indostar Home Finance Branch Manager Salary 5 - 15 years exp. (32 salaries)	₹4.5 L/yr - ₹10 L/yr 67% more
Fortune Integrated Assets Finance Branch Manager Salary 5 - 16 years exp. (32 salaries)	₹2.8 L/yr - ₹7 L/yr 19% more
Moral Group of Companies Branch Manager Salary 0 - 8 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 40% less
Karvy Financial Services Branch Manager Salary 6 - 13 years exp. (9 salaries)	₹3.5 L/yr - ₹7.5 L/yr 14% more
Digamber Capfin Branch Manager Salary 4 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹4.3 L/yr 25% less

Branch Manager salary at Lokmanya Multipurpose Co-op Society ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 22 latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.

Experience wise Lokmanya Multipurpose Co-op Society Branch Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹3.5 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.9 L/yr
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7 years (3 salaries)	₹3 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
9 years (3 salaries)	₹3 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.6 L/yr
12 years (5 salaries)	₹2.5 L/yr - ₹5 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Lokmanya Multipurpose Co-op Society

Sales Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Branch Manager Salary

(21 salaries)

₹2.15 L/yr - ₹4 L/yr

Accountant Salary

(10 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Sales Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.15 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Top skills at Lokmanya Multipurpose Co-op Society for Branch Manager

Management Branch Management Sales Management Branch Sales

Salary related reviews for Lokmanya Multipurpose Co-op Society

4.0

Rated by 7 employees for salary & benefits

Assistant Branch Manager in Goa

Full Time

Finance & Accounting Department

1.0

• posted on 24 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing, baring only a few colleagues.

Dislikes

Before joing here take advise of ex-employees, Everything is poor, Be it salary, increments, recognitions ... Everything is far below poor. The worst organization to work for. Yuck 🤮 If you are fed up of your life and want to ruin it more then you can join this Lokmanya society.

Salary - Bad

+6 more

Accounts Officer in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 22 Jan 2025

2.0

for Salary and Benefits

Likes

This is society not a bank and corporate office.

Dislikes

...upport other employees and manager. Branch culture toxis presure work politics..do the multiple work load but salary was less then expectations..

Salary - Poor

+5 more

Assistant Regional Manager in Nashik

Full Time

Sales & Business Development Department

1.0

• posted on 14 Nov 2024

1.0

for Salary and Benefits

Likes

No like at all

Dislikes

No transparency.No technology upgradation. Horrible HR policy. Less salary with high target. HR Head introduced one horrible PIP system. HR is puppet & real one man army management is the son in law of Chairman.

Salary - Bad

+6 more

Account Assistant in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

It's quite good job opportunity to work with lokmanya multipurpose co op society. I like co operative team who teach us every thing about how to work.

Dislikes

.... And there is too much work pressure. At one time we have to do too many roles. And as per our roles and responsibility salary is too much less. There is no hope regarding appraisal or promotion.

Promotions - Poor

Account Assistant in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 06 Dec 2024

1.0

for Salary and Benefits

Likes

They use lokmanya tilak name for collect money from people

Dislikes

Lokmanya Multipurpose Co-operative Society is not a good place to work for anyone considering joining. They require a deposit of ₹20,000 as part of the selection and joining process. Once you're assigned to a branch, you realize the work environment is not worth it. Those hired as marketing assistants are essentially doing field marketing, and the company heavily penalizes employees for minor infractions, like being a minute late in sending reports. It seems their primary goal is to collect as much money as possible to become the largest deposit-taking institution in India, often at the expense of their employees. Please don’t waste your time or effort here.

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Lokmanya Multipurpose Co-op Society Branch Manager Salary FAQs

What is the salary of Branch Manager at Lokmanya Multipurpose Co-op Society?

Branch Manager salary at Lokmanya Multipurpose Co-op Society in India ranges between ₹2.5 Lakhs to ₹5.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 53% less than the average Branch Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Lokmanya Multipurpose Co-op Society India.

How does the salary of a Branch Manager at Lokmanya Multipurpose Co-op Society India compare with the average salary range for this job?

The average salary of a Branch Manager at Lokmanya Multipurpose Co-op Society is 53% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Lokmanya Multipurpose Co-op Society?

Management, Branch Management, Sales Management and Branch Sales are some of the popular skills required to work as a Branch Manager at Lokmanya Multipurpose Co-op Society India.

Which similar companies are paying more than Lokmanya Multipurpose Co-op Society to a Branch Manager in India?

ITC Branch Manager Salary - ₹28.0 Lakhs to ₹90.0 Lakhs per year
Amul India Branch Manager Salary - ₹10.3 Lakhs to ₹38.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹7.8 Lakhs to ₹30.0 Lakhs per year
TCS Branch Manager Salary - ₹14.2 Lakhs to ₹15.1 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Lokmanya Multipurpose Co-op Society in India?

ICICI Bank Branch Manager Salary - ₹5.3 Lakhs to ₹23.0 Lakhs per year
Reliance Industries Branch Manager Salary - ₹5.1 Lakhs to ₹18.8 Lakhs per year
Indostar Home Finance Branch Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Fortune Integrated Assets Finance Branch Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Karvy Financial Services Branch Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at Lokmanya Multipurpose Co-op Society in India?

The estimated take-home salary of a Branch Manager at Lokmanya Multipurpose Co-op Society ranges between ₹31,822 per month to ₹33,109 per month in India. The take-home salary calculation is based on the average Lokmanya Multipurpose Co-op Society Branch Manager salary in India which ranges between ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Lokmanya Multipurpose Co-op Society?

According to AmbitionBox, 63% of the Lokmanya Multipurpose Co-op Society Branch Managers reported a notice period of 1 Month, 31% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Lokmanya Multipurpose Co-op Society Branch Manager Salaries

Lokmanya Multipurpose Co-op Society Branch Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Lokmanya Multipurpose Co-op Society latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.