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Lokmanya Multipurpose Co-op Society Branch Manager salaries in Pune

Annual salary range
6 - 11 years exp.
₹3 Lakhs - ₹5.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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58% less than the average Branch Manager Salary in Financial Services Companies for 6 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
7 - 11 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.6 L/yr

Finance & Accounting
Branch Manager Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.2 L/yr

Last Updated: 23 Aug 2024

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

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Lokmanya Multipurpose Co-op Society Branch Manager Salary

6 - 11 years exp. (5 salaries)

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₹3 L/yr - ₹5.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Direct Branch Manager Salary

9 - 13 years exp. (3 salaries)

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₹7.5 L/yr - ₹11 L/yr

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HDFC Bank Branch Manager Salary

5 - 23 years exp. (142 salaries)

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₹7 L/yr - ₹28 L/yr

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17 job openings
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IIFL Finance Branch Manager Salary

3 - 13 years exp. (57 salaries)

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₹3 L/yr - ₹7 L/yr

arrow icon 28% more
4 job openings
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IndusInd Bank Branch Manager Salary

6 - 20 years exp. (55 salaries)

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₹5.6 L/yr - ₹23 L/yr

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133 job openings
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Kotak Mahindra Bank Branch Manager Salary

8 - 20 years exp. (52 salaries)

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₹7 L/yr - ₹27 L/yr

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1 job opening
Branch Manager salary at Lokmanya Multipurpose Co-op Society ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.

Latest annual salaries shared by Lokmanya Multipurpose Co-op Society Branch Manager in Pune

7mo ago
₹3 Lakhs
9 years exp.
9mo ago
₹5.6 Lakhs
11 years exp.
1y ago
₹3.6 Lakhs
10 years exp.

Experience wise Lokmanya Multipurpose Co-op Society Branch Manager salaries in Pune

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
View all

Similar Designation salaries in Lokmanya Multipurpose Co-op Society

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₹2.2 L/yr - ₹4 L/yr
Accountant Salary
(4 salaries)
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₹2 L/yr - ₹2.4 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

4.1

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

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..

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more

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.

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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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 in Pune?
The average salary of a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune typically ranges from ₹3.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Branch Manager in Pune at Lokmanya Multipurpose Co-op Society earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Branch Manager Salaries at Lokmanya Multipurpose Co-op Society 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 5 Lokmanya Multipurpose Co-op Society employees in India.
What is the estimated take home salary of a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune?
The estimated take-home salary of a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune typically ranges from ₹31,689 to ₹32,978 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 6 years to 11 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 5 salaries received from various employees of Lokmanya Multipurpose Co-op Society. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune?
To be a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune, the key skills required include:

  • - Management
  • - Branch Management
  • - Sales Management
  • - Branch Sales

These skills are highly valued at Lokmanya Multipurpose Co-op Society and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Lokmanya Multipurpose Co-op Society for Branch Manager in India?
Kotak Mahindra Bank ₹7.0 Lakhs to ₹27.0 Lakhs per year
HDFC Bank ₹7.0 Lakhs to ₹28.0 Lakhs per year
IndusInd Bank ₹5.6 Lakhs to ₹23.0 Lakhs per year
Axis Direct ₹7.5 Lakhs to ₹11.0 Lakhs per year
IIFL Finance ₹3.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lokmanya Multipurpose Co-op Society, depending on the role and experience level.
How the salary growth look like for a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune?
The salary growth for a Branch Manager at Lokmanya Multipurpose Co-op Society in Pune depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Pune can expect the following growth trajectory at Lokmanya Multipurpose Co-op Society:

Experience Average Salary Range
6 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
8 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
9 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

Lokmanya Multipurpose Co-op Society Branch Manager salary in Pune ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Lokmanya Multipurpose Co-op Society latest salaries received from various employees of Lokmanya Multipurpose Co-op Society.