Manappuram Finance Mumbai Assistant Branch Manager Salaries by 9 Employees (Updated 2025)

1 - 4 years exp.

₹1.2 Lakh - ₹3 Lakhs

Salary of majority employees

56% less than the average Assistant Branch Manager Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Assistant Branch Manager Salary 2 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹2.5 L/yr
BFSI, Investments & Trading Assistant Branch Manager Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Assistant Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr

Last Updated: 10 Jan 2025

Companies similar to Manappuram Finance for Assistant Branch Manager in Mumbai

Manappuram Finance Assistant Branch Manager Salary

1 - 4 years exp. (9 salaries)

₹1.2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Assistant Branch Manager Salary 3 - 9 years exp. (11 salaries)	₹2.1 L/yr - ₹4 L/yr 23% more
HDFC Bank Assistant Branch Manager Salary 3 - 12 years exp. (22 salaries)	₹2.8 L/yr - ₹11 L/yr 140% more
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ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (58 salaries)	₹3.2 L/yr - ₹7.5 L/yr 95% more
Axis Bank Assistant Branch Manager Salary 2 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹4.6 L/yr 75% more
Muthoot Finance Assistant Branch Manager Salary 3 - 15 years exp. (15 salaries)	₹3.1 L/yr - ₹6.2 L/yr 90% more	3 job openings
IIFL Finance Assistant Branch Manager Salary 3 - 7 years exp. (8 salaries)	₹2.7 L/yr - ₹4.5 L/yr 61% more

Assistant Branch Manager salary at Manappuram Finance ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 9 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Assistant Branch Manager salaries in Mumbai

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
2 years (3 salaries)	₹1.1 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr
4 years (3 salaries)	₹1.6 L/yr - ₹3 L/yr

From

Assistant Branch Manager

₹

Lakhs/yr

0 - 4 years exp.

Senior Manager

₹

Lakhs/yr

0 - 13 years exp.

Assistant Branch Manager 0 - 4 years exp.

Branch Manager 1 - 9 years exp.

58% hike

Area Manager 3 - 8 years exp.

29% hike

Similar Designation salaries in Manappuram Finance

Relationship Manager Salary

(3 salaries)

₹2.4 L/yr - ₹4.75 L/yr

Salary related reviews for Manappuram Finance

Assistant Branch Manager in Thiruvananthapuram

Finance Department

4.0

• posted on 23 Aug 2018

3.0

for Salary and Benefits

Likes

I have a great experience with manappuram finance family. I am a part of a team of five members, we together done marketing activities,insurance,gold loan etc. In Manappuram finance thier having 14 products. I love the fact that the finance strictly obey the govt NDFC company rules. Their having around 17365 staff's in mafil family.

Skill development - Good

+1 more

Dislikes

Work pressure is very high. Sometimes i have to work more than 10 hours. Salary is very bad. They dont give us proper training. The most i hate in Manappuram family is to meet the auction customers in their own homes, that time the company wont give any security to us.

Job security - Poor

+2 more

Branch Head in Vadodara

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Nov 2024

3.0

for Salary and Benefits

Likes

Give good opportunity to the freshers. Operation knwaledge. Trust to every employees

Dislikes

Staff ac cutting.. salary hold.. h.r very very critical transfer woman from any where no security for specially women s not support to management no value for old and experience employee line managers not supported leave policy also very bad

Job security - Bad

+3 more

Branch Head in Warangal

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 01 Sep 2023

5.0

for Salary and Benefits

Likes

Time to time salary payment and daily basis growth achive incentive release and ect

Salary - Excellent

Dislikes

Area leavl and regional manager behaviour not good. Political activity and very toomuch behaviour maintain.. but employee not valu.. senior and junior no values.

Skill development - Bad

+3 more

Branch Head in Bhatapara

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Jul 2021

3.0

for Salary and Benefits

Likes

Tremendous mental pressure at BH post

Skill development - Good

+2 more

Dislikes

Tremendous mental pressure but the salary is very low.. You have to take transfer wherever the company wants from the very next day.. And higher official is not supportive. Unnecessary holiday cancellation and unnecessary salary holding and deduction.. I am tired of this...

Work satisfaction - Bad

+1 more

Branch Head in Bangalore / Bengaluru

Full Time

Marketing Department

4.0

• posted on 13 Jan 2018

4.0

for Salary and Benefits

Likes

This Company is very helpful for the job.It is really adopts online technology.It is reliable & very satisfaction able customer relationship.We are working very happily.I am also like various fields in Manappuram Finance Limited.

Salary - Good

+6 more

Dislikes

...sation is decent.The work pressure is very high.It is very good growing company.But Salary is very low.There is no job training.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Manappuram Finance Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Manappuram Finance Mumbai?

Assistant Branch Manager salary at Manappuram Finance in Mumbai ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 56% less than the average Assistant Branch Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Manappuram Finance Mumbai.

How does the salary of a Assistant Branch Manager at Manappuram Finance Mumbai compare with the average salary range for this job?

The average salary of a Assistant Branch Manager at Manappuram Finance is 56% less than the average salary of a Assistant Branch Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Manappuram Finance to a Assistant Branch Manager in Mumbai?

HDFC Bank Assistant Branch Manager Salary - ₹2.8 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Assistant Branch Manager Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
Muthoot Finance Assistant Branch Manager Salary - ₹3.1 Lakhs to ₹6.2 Lakhs per year
Axis Bank Assistant Branch Manager Salary - ₹3.8 Lakhs to ₹4.6 Lakhs per year
IIFL Finance Assistant Branch Manager Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Assistant Branch Manager in companies similar to Manappuram Finance in Mumbai?

Muthoot Fincorp Assistant Branch Manager Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Assistant Branch Manager at Manappuram Finance in Mumbai?

The estimated take-home salary of a Assistant Branch Manager at Manappuram Finance ranges between ₹17,871 per month to ₹19,566 per month in Mumbai. The take-home salary calculation is based on the average Manappuram Finance Assistant Branch Manager salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Assistant Branch Manager at Manappuram Finance in Mumbai?

According to AmbitionBox, 67% of the Manappuram Finance Assistant Branch Managers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Manappuram Finance Assistant Branch Manager Salaries in Mumbai

Manappuram Finance Assistant Branch Manager salary in Mumbai ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Manappuram Finance latest salaries received from various employees of Manappuram Finance.