Lokmanya Multipurpose Co-op Society Branch Manager Salaries by 20+ Employees (Updated 2024)

5 - 13 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Salary of majority employees

54% 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: 7 Nov 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 - 8 years exp. (97 salaries)	₹10.2 L/yr - ₹31 L/yr 407% more
ITC Branch Manager Salary 3 - 20 years exp. (26 salaries)	₹25 L/yr - ₹90 L/yr 1166% more
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HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.7k salaries)	₹6.5 L/yr - ₹23 L/yr 246% more	4 job openings
State Bank of India Branch Manager Salary 5 - 16 years exp. (310 salaries)	₹7.5 L/yr - ₹30 L/yr 324% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹22 L/yr 209% more
TCS Branch Manager Salary 0 - 11 years exp. (12 salaries)	₹14.2 L/yr - ₹15.1 L/yr 247% more
Reliance Industries Branch Manager Salary 9 - 16 years exp. (18 salaries)	₹5.1 L/yr - ₹18.8 L/yr 168% more
Hindustan Unilever Branch Manager Salary 5 - 8 years exp. (3 salaries)	₹30 L/yr - ₹40 L/yr 717% more
Mahindra & Mahindra Branch Manager Salary 3 - 10 years exp. (36 salaries)	₹1.9 L/yr - ₹6 L/yr 19% less
Chemmanur Credits and Investments Branch Manager Salary 0 - 15 years exp. (39 salaries)	₹2.4 L/yr - ₹4 L/yr 25% less
Fortune Integrated Assets Finance Branch Manager Salary 5 - 16 years exp. (32 salaries)	₹2.8 L/yr - ₹7 L/yr 14% more
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Indostar Home Finance Branch Manager Salary 5 - 15 years exp. (33 salaries)	₹4.5 L/yr - ₹10 L/yr 69% more
Sonata Finance Branch Manager Salary 2 - 7 years exp. (40 salaries)	₹1.2 L/yr - ₹4.5 L/yr 38% less
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 16% more
Digamber Capfin Branch Manager Salary 4 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹4.3 L/yr 24% less	1 job opening

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 23 latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.

Experience wise Lokmanya Multipurpose Co-op Society Branch Manager salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
5 years (4 salaries)	₹2.5 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
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7 years (3 salaries)	₹3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
9 years (3 salaries)	₹3 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.5 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.

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.

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.

Graphic Designer in Pune

Full Time

Marketing & Communication Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

I don't recommend anyone to work there

Dislikes

Toxic work culture, rules which have for only new employees. No one supports new employees. Pune head office is just for name Belgam people are very dominating they don't let you do job. Senior managers are old but they don't have any knowledge to do a job it creates difficult speciation for young employees. 10lakhs FD target they have but HR will never tell anyone during the interview process. Be very careful if you choose to work at Lokmanya

Branch Manager in Mandoli Road Godasewadi Tilakwadi Belgaum

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 21 Aug 2023

4.0

for Salary and Benefits

Likes

Good environment and location for work. Colleagues are good supporting and friendly nature for work environment .. Supporting team from branch level.. Maintaining good customer services

Dislikes

Targets on insurance

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 54% less than the average Branch Manager Salary in India. Salary estimates are based on 23 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 54% 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 - ₹25.0 Lakhs to ₹90.0 Lakhs per year
Hindustan Unilever Branch Manager Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year
Amul India Branch Manager Salary - ₹10.2 Lakhs to ₹31.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
TCS Branch Manager Salary - ₹14.2 Lakhs to ₹15.1 Lakhs per year

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

HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.3 Lakhs to ₹22.0 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
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 ₹31,315 per month to ₹32,609 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 23 Lokmanya Multipurpose Co-op Society latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.