MAS Financial Services Indore Branch Manager Salaries by 9 Employees (Updated 2024)

7 - 12 years exp.

₹3.6 Lakhs - ₹10 Lakhs

Salary of majority employees

48% less than the average Branch Manager Salary in Financial Services Companies for 7 - 12 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹10 L/yr
BFSI, Investments & Trading Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.6 L/yr
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Finance & Accounting Branch Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr
Marketing & Communication Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹4.8 L/yr

Last Updated: 1 Aug 2024

Companies similar to MAS Financial Services for Branch Manager in Indore

MAS Financial Services Branch Manager Salary

7 - 12 years exp. (9 salaries)

₹3.6 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹5.6 L/yr - ₹7.2 L/yr 18% more	3 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (29 salaries)	₹8.8 L/yr - ₹20 L/yr 208% more	2 job openings
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IndusInd Bank Branch Manager Salary 6 - 17 years exp. (62 salaries)	₹5.7 L/yr - ₹18 L/yr 166% more	11 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 18 years exp. (55 salaries)	₹6 L/yr - ₹21.5 L/yr 178% more	1 job opening
RBL Bank Branch Manager Salary 11 - 16 years exp. (5 salaries)	₹13 L/yr - ₹19.2 L/yr 206% more	6 job openings
Shriram Finance Branch Manager Salary 5 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 4% less
Mahindra Finance Branch Manager Salary 4 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹6.7 L/yr At par	1 job opening
ICICI Securities Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr 39% more

Branch Manager salary at MAS Financial Services ranges between ₹3.6 Lakhs to ₹10 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of MAS Financial Services .

Experience wise MAS Financial Services Branch Manager salaries in Indore

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
7 years (3 salaries)	₹3.6 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10 L/yr
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9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in MAS Financial Services

Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹6.72 L/yr

Top skills at MAS Financial Services for Branch Manager

Branch Management Business Loan Personal Loans SME Business Loan Team Handling Lap Secured Loan Sales Working Capital SME term loan Commercial Vehicle Loans Finance NBFC

Salary related reviews for MAS Financial Services

1.0

Rated by 2 employees for salary & benefits

Branch Manager in Indore

Full Time

Finance & Accounting Department

1.0

• posted on 30 Nov 2022

1.0

for Salary and Benefits

Likes

Office time 9:30Am and closing time 7:00 Pm very good time I liked

Dislikes

RO and RM salary not provide only commision base working and RO RM BM ASM only joining 2 Monthly salary provide and another month KRA Target Ex- 1 Lac pr 500rs par disbursement

Branch Manager in Nagpur

Full Time

Sales & Business Development Department

2.0

• posted on 02 Aug 2023

2.0

for Salary and Benefits

Likes

All senior manager supporting for sales and friendly atmosphere

Dislikes

Salary hold RO and also manager lavel employee....sudanaly changes in Sales policy and pressure for work if not accived our target without intimation salary hold that is a problem

Sales Manager in Vadodara

Full Time

Sales & Business Development Department

1.0

• posted on 03 Aug 2024

1.0

for Salary and Benefits

Likes

Not like any thing this company .. always bad thing

Dislikes

All dear I suggest pls don't go this company all spoil your future Salary hold issue many more problem .pls don't joining this company ...for your future life Only 3 month later hold salay and said that left this company emidalty not good future So I suggest pls do not this company

Sales Manager in Vidisha

Full Time

Finance & Accounting Department

5.0

• posted on 02 Mar 2023

5.0

for Salary and Benefits

Likes

Great experience in this organisation,

Dislikes

Outdated product policy Compensation of Frontline officers are not fixed only variable pay No modification in product policy since the inception Company wants to drive profitable business with decades old policy and frameworks

Business Development Manager in Ahmedabad

BFSI, Investments & Trading Department

1.0

• posted on 04 Sep 2020

1.0

for Salary and Benefits

Likes

...ad office . Seniors are non supportive and vwry much durty politicas going on .no salary from last 2 months to team

Dislikes

5here is a lot of politics and the management doesn't address our issues. Salary is not provided of team from last 2 months and career growth is slow .

see more salary related reviews

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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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MAS Financial Services Branch Manager Salary FAQs

What is the salary of Branch Manager at MAS Financial Services Indore?

Branch Manager salary at MAS Financial Services in Indore ranges between ₹3.6 Lakhs to ₹10.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 48% less than the average Branch Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of MAS Financial Services Indore.

How does the salary of a Branch Manager at MAS Financial Services Indore compare with the average salary range for this job?

The average salary of a Branch Manager at MAS Financial Services is 48% less than the average salary of a Branch Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at MAS Financial Services ?

Branch Management, Business Loan, Personal Loans, SME and Business Loan are some of the popular skills required to work as a Branch Manager at MAS Financial Services Indore.

Which similar companies are paying more than MAS Financial Services to a Branch Manager in Indore?

Kotak Mahindra Bank Branch Manager Salary - ₹8.8 Lakhs to ₹20.0 Lakhs per year
RBL Bank Branch Manager Salary - ₹13.0 Lakhs to ₹19.2 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.0 Lakhs to ₹21.5 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹5.7 Lakhs to ₹18.0 Lakhs per year
ICICI Securities Branch Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to MAS Financial Services in Indore?

Bajaj Finance Branch Manager Salary - ₹5.6 Lakhs to ₹7.2 Lakhs per year
Mahindra Finance Branch Manager Salary - ₹3.5 Lakhs to ₹6.7 Lakhs per year
Shriram Finance Branch Manager Salary - ₹2.9 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at MAS Financial Services in Indore?

The estimated take-home salary of a Branch Manager at MAS Financial Services ranges between ₹39,764 per month to ₹40,933 per month in Indore. The take-home salary calculation is based on the average MAS Financial Services Branch Manager salary in India which ranges between ₹3.6 Lakhs to ₹10.0 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at MAS Financial Services in Indore?

According to AmbitionBox, 57% of the MAS Financial Services Branch Managers in Indore reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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MAS Financial Services Branch Manager Salaries in Indore

MAS Financial Services Branch Manager salary in Indore ranges between ₹3.6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 MAS Financial Services latest salaries received from various employees of MAS Financial Services .