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Magik Lights Branch Manager salaries in India (Updated 2025)

Annual salary range
11 - 20 years exp.
₹13 Lakhs - ₹18 Lakhs
Salary of majority employees
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Fixed (89%)
₹13.5 Lakhs
Variable (11%)
₹1.7 Lakh
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66% more than the average Branch Manager Salary in Consumer Electronics & Appliances Companies for 11 - 20 years of experience

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Salaries in different departments

Sales & Business Development
Branch Manager Salary
11 - 20 years exp. (4 salaries)
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₹13 L/yr - ₹18 L/yr

Marketing & Communication
Branch Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹14.4 L/yr - ₹17 L/yr

Last Updated: 18 Mar 2025

Companies similar to Magik Lights for Branch Manager

Company name Avg Annual Salary Open Jobs
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Reliance Retail Branch Manager Salary

8 - 22 years exp. (28 salaries)

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₹12 L/yr - ₹36.1 L/yr

arrow icon 36% more
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Poorvika Mobiles Branch Manager Salary

5 - 9 years exp. (24 salaries)

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₹2.1 L/yr - ₹4.8 L/yr

arrow icon 77% less
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Hindware Home Innovation Branch Manager Salary

15 - 20 years exp. (7 salaries)

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₹11.3 L/yr - ₹19.5 L/yr

arrow icon 10% more
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SPAR Hypermarkets Branch Manager Salary

10 - 20 years exp. (7 salaries)

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₹15 L/yr - ₹17 L/yr

arrow icon 3% more
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Tata Group Branch Manager Salary

7 - 16 years exp. (6 salaries)

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₹8.7 L/yr - ₹10 L/yr

arrow icon 39% less
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Magicon Impex Branch Manager Salary

10 - 18 years exp. (5 salaries)

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₹6 L/yr - ₹15.5 L/yr

arrow icon 30% less
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Bosch Branch Manager Salary

2 - 16 years exp. (5 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 13% less
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Mitsubishi Electric India Branch Manager Salary

12 - 17 years exp. (4 salaries)

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₹22.3 L/yr - ₹25 L/yr

arrow icon 55% more
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Otis Elevator Branch Manager Salary

17 - 20 years exp. (4 salaries)

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₹17.5 L/yr - ₹29.5 L/yr

arrow icon 65% more
Branch Manager salary at Magik Lights ranges between ₹13 Lakhs to ₹18 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Magik Lights.

Latest annual salaries shared by Magik Lights Branch Manager

3d ago
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20 years exp.
2mo ago
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13 years exp.
5mo ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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17 years exp.

Experience wise Magik Lights Branch Manager salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹13 L/yr - ₹26.1 L/yr
12 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹26.4 L/yr
13 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹26.7 L/yr
14 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹18 L/yr

Similar Designation salaries in Magik Lights

Sales Manager Salary
(3 salaries)
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₹4.8 L/yr - ₹6 L/yr
Branch Head Salary
(5 salaries)
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₹16.9 L/yr - ₹19 L/yr
Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹6.5 L/yr - ₹9.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.5 L/yr - ₹5.9 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Magik Lights

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 03 Dec 2022

5.0
 for  Salary and Benefits

Likes

Good work culture, good salary, Job satisfaction, Timely promotion & appraisals, 👍👍

read more
  • Salary - Excellent
  • +4 more

Dislikes

Skill development was missing, and job security was not up to the desired level, Middle Management not good and poor inter-Departmental coordination 👎

read more

Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 17 Sep 2023

4.0
 for  Salary and Benefits

Likes

...doing pretty well. They have a swanky office and chairman is very down to earth. Pay package is good and work life balance is good as well.

read more
  • Salary - Good
  • +1 more

Dislikes

The owner has no focus on LED business, it's not growing so people growth is dicey in terms of skill & career development. There is no proper strategic direction of work.

read more
  • Skill development - Poor
  • +1 more

Research & Development Department

1.0
  •  posted on 12 Jul 2020

2.0
 for  Salary and Benefits

Likes

There is no support to employees for covid. There is salary cut till now and many people were forced resign. It is a dangerous company for career

read more
  • Skill development - Good
  • +1 more

Dislikes

Job security is very bad. People are asked to resign anytime. This is very frequent for all levels from junior employees to HODs. Every year a new person holds a position.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 05 Nov 2024

3.0
 for  Salary and Benefits

Likes

Its a very big group of companies. Stable financial status Quality

Dislikes

Pathetic and Egoistic Senior Mangers No vision for Brand development Out dated scheme criteria No attention to the market scenario No innovative thinking as per market requirement. A traditional lighting business style Poor HR

read more
  • Skill development - Bad
  • +4 more

Sales & Business Development Department

4.0
  •  posted on 17 Dec 2019

4.0
 for  Salary and Benefits

Likes

The company excellent in faith on him employees & better service to client , best quality in production department , any claims or scheme clear time to time Company is Best for my way.

read more
  • Salary - Good
  • +6 more

Dislikes

only for management

see more salary related reviews

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Magik Lights Branch Manager Salary FAQs

What is the salary of Branch Manager at Magik Lights ?
The average salary of a Branch Manager at Magik Lights in India typically ranges from ₹13.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Branch Manager at Magik Lights earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Branch Manager Salaries at Magik Lights 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 Magik Lights employees in India.
What is the estimated take home salary of a Branch Manager at Magik Lights in India?
The estimated take-home salary of a Branch Manager at Magik Lights in India typically ranges from ₹1,04,809 to ₹1,07,685 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 Magik Lights. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magik Lights for Branch Manager in India?
Otis Elevator ₹17.5 Lakhs to ₹29.5 Lakhs per year
Mitsubishi Electric India ₹22.3 Lakhs to ₹25.0 Lakhs per year
Reliance Retail ₹12.0 Lakhs to ₹36.1 Lakhs per year
Hindware Home Innovation ₹11.3 Lakhs to ₹19.5 Lakhs per year
SPAR Hypermarkets ₹15.0 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magik Lights, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Magik Lights in India?
The salary of a Branch Manager at companies similar to Magik Lights in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bosch ₹6.0 Lakhs to ₹20.0 Lakhs per year
Magicon Impex ₹6.0 Lakhs to ₹15.5 Lakhs per year
Tata Group ₹8.7 Lakhs to ₹10.0 Lakhs per year
Poorvika Mobiles ₹2.1 Lakhs to ₹4.8 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 Magik Lights in India?
The salary growth for a Branch Manager at Magik Lights depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Magik Lights:

Experience Average Salary Range
11 years ₹13.0 Lakhs to ₹26.1 Lakhs per year
12 years ₹13.2 Lakhs to ₹26.4 Lakhs per year
13 years ₹13.2 Lakhs to ₹26.7 Lakhs per year
14 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
and so on.

Tell us how to improve this page.

Magik Lights Branch Manager salary in India ranges between ₹13 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magik Lights latest salaries received from various employees of Magik Lights.