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Annual salary range
4 - 12 years exp.
₹6.7
Lakhs - ₹9.8
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary29% less than the average Branch Manager Salary for 4 - 12 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
4 - 12
years
exp.
(AmbitionBox Estimate)
|  ₹8 L/yr - ₹9.8 L/yr |
Procurement & Supply Chain
Branch Manager Salary
6 - 7
years
exp.
(AmbitionBox Estimate)
| ₹6.7 L/yr - ₹7.7 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Branch Manager Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹7.2 L/yr - ₹7.6 L/yr |
Companies similar to Modern Exchange for Branch Manager in Mumbai
Modern Exchange
Branch Manager Salary
4 - 12 years exp. (6 salaries) |  ₹6.7 L/yr - ₹9.8 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Thomas Cook Branch Manager Salary
6 - 11 years exp. (3 salaries) | ₹2.4 L/yr - ₹7 L/yr 
40%
less | |
 Unimoni Branch Manager Salary
4 - 14 years exp. (6 salaries) | ₹2.2 L/yr - ₹7.2 L/yr
36%
less | |
Login to view exact salary
| ||
 ICICI Bank Branch Manager Salary
5 - 20 years exp. (228 salaries) | ₹6 L/yr - ₹24.9 L/yr 
81%
more | 1 job opening |
 Kotak Mahindra Bank Branch Manager Salary
7 - 21 years exp. (135 salaries) | ₹7.5 L/yr - ₹25.6 L/yr
129%
more | |
 HDFC Bank Branch Manager Salary
5 - 23 years exp. (110 salaries) | ₹8 L/yr - ₹30.6 L/yr
121%
more | 7 job openings |
Branch Manager salary at Modern Exchange ranges between ₹6.7
Lakhs
to ₹9.8
Lakhs
per year for employees with experience between 4 years to 12 years. Salary
estimates are based on
6 latest salaries received
from various employees of Modern Exchange .
Latest annual salaries shared by Modern Exchange Branch Manager in Mumbai
3mo ago
4
years
exp.
1y ago
9
years
exp.
1y ago
12
years
exp.
1y ago
6
years
exp.
1y ago
7
years
exp.
1y ago
7
years
exp.
Experience wise Modern Exchange Branch Manager salaries in Mumbai
Last Updated: 29 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹9.8
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹7.1
L/yr
- ₹9
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹7.7
L/yr
- ₹14.1
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹6.7
L/yr
- ₹8.2
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹7.1
L/yr
- ₹9
L/yr
|
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1w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Modern Exchange Branch Manager Salary FAQs
What is the salary of Branch Manager at Modern Exchange Mumbai?
Branch Manager salary at Modern Exchange in Mumbai ranges between ₹6.7 Lakhs to ₹9.8 Lakhs for experience between 4 years to 12 years. According to our estimates it is 29% less than the average Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Modern Exchange Mumbai.
How does the salary of a Branch Manager at Modern Exchange Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at Modern Exchange is 29% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Modern Exchange to a Branch Manager in Mumbai?
- Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year
- HDFC Bank Branch Manager Salary - ₹8.0 Lakhs to ₹30.6 Lakhs per year
- ICICI Bank Branch Manager Salary - ₹6.0 Lakhs to ₹24.9 Lakhs per year
What is the salary of a Branch Manager in companies similar to Modern Exchange in Mumbai?
- Unimoni Branch Manager Salary - ₹2.2 Lakhs to ₹7.2 Lakhs per year
- Thomas Cook Branch Manager Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Modern Exchange in Mumbai?
The estimated take-home salary of a Branch Manager at Modern Exchange ranges between ₹57,981 per month to ₹59,441 per month in Mumbai. The take-home salary calculation is based on the average Modern Exchange Branch Manager salary in India which ranges between ₹6.7 Lakhs to ₹9.8 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Modern Exchange in Mumbai?
According to AmbitionBox, 50% of the Modern Exchange Branch Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.
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Modern Exchange Branch Manager salary
in
Mumbai
ranges between ₹6.7
Lakhs to ₹9.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Modern Exchange latest salaries received from various employees of
Modern Exchange .