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3.5

based on 99 Reviews

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Lokmanya Multipurpose Co-op Society Branch Manager salaries in India

Annual salary range
5 - 13 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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53% less than the average Branch Manager Salary in Financial Services Companies for 5 - 13 years of experience

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Last Updated: 21 Dec 2024

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

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State Bank of India Branch Manager Salary

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Mahindra & Mahindra Branch Manager Salary

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₹1.9 L/yr - ₹6 L/yr

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₹3.5 L/yr - ₹7.5 L/yr

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₹2.8 L/yr - ₹7 L/yr

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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.

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

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Experience wise Lokmanya Multipurpose Co-op Society Branch Manager salaries

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
5 years  (3 salaries)

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₹3.5 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.9 L/yr
7 years  (3 salaries)

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₹3 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.8 L/yr
9 years  (3 salaries)

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₹3 L/yr - ₹7.7 L/yr
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Similar Designation salaries in Lokmanya Multipurpose Co-op Society

Sales Manager Salary
(3 salaries)
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₹3.5 L/yr - ₹4 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.15 L/yr - ₹4 L/yr
Accountant Salary
(10 salaries)
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₹1.5 L/yr - ₹2.4 L/yr
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₹1.8 L/yr - ₹2.15 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹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

4.1

Rated by 6 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.

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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.

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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.

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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.

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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.

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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

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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?
  • State Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year
  • ICICI Bank Branch Manager Salary - ₹5.3 Lakhs to ₹22.5 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 salary of a Branch Manager in companies similar to Lokmanya Multipurpose Co-op Society in India?
  • Fortune Integrated Assets Finance Branch Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
  • Chemmanur Credits and Investments Branch Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
  • Mahindra & Mahindra Branch Manager Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
  • Sonata Finance Branch Manager Salary - ₹1.2 Lakhs to ₹4.5 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, 57% of the Lokmanya Multipurpose Co-op Society Branch Managers reported a notice period of 2 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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