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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Assistant Branch Incharge salaries in India

Annual salary range
4 - 14 years exp.
₹2.9 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Assistant Branch Incharge Salary in NBFC Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Branch Incharge Salary
14 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Finance & Accounting
Assistant Branch Incharge Salary
4 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.1 L/yr

Administration & Facilities
Assistant Branch Incharge Salary
8 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Muthoot Finance for Assistant Branch Incharge

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 20% less
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₹2 L/yr - ₹4 L/yr

arrow icon 7% less
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₹2.4 L/yr - ₹4 L/yr

arrow icon 4% less
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V-Trans Assistant Branch Incharge Salary

6 - 9 years exp. (8 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 7% less
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V-Xpress Assistant Branch Incharge Salary

5 - 9 years exp. (6 salaries)

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₹2.1 L/yr - ₹3.2 L/yr

arrow icon 4% less
Assistant Branch Incharge salary at Muthoot Finance ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Branch Incharge

1y ago
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4 years exp.
1y ago
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8 years exp.
1y ago
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14 years exp.

Experience wise Muthoot Finance Assistant Branch Incharge salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
14 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(538 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
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₹1.2 L/yr - ₹4.4 L/yr
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₹1.3 L/yr - ₹8.5 L/yr
Deputy Manager Salary
(80 salaries)
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₹3.5 L/yr - ₹9.6 L/yr
Sales Manager Salary
(33 salaries)
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₹2.25 L/yr - ₹6.3 L/yr
Accountant Salary
(66 salaries)
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₹1.3 L/yr - ₹4 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Account Assistant Salary
(122 salaries)
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₹1.15 L/yr - ₹4.1 L/yr
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₹1.9 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Finance

3.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 15 Dec 2024

2.0
 for  Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

read more

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

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Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

The salary will be credited to your account in every 30th or 31st of the month

read more

Dislikes

The worst company I have ever seen.companies motive only for increasing the profit and AUM.mostly they prefer to work even on sundays.they think that employee has not family or personal life.normally the working time is 9:30 to 6:00 but we should come to branch on 8:00 to 7:30.thre is no extra payment or benefit for extra time. The superior persons are not support for increasing the business and complete our target and pushing the OTC products at the time of releasing the incentive or bonus.they think that they should pay the incentive to employees but tomorrow they push to login the OTCs.there is no chance to convince the customers for the products because such a worst products they are cross selling.unable to handle the pressure from the superiors the employees login the products using their own cash and become a debtor.this is the reality in muthoot finance.the incentive structure may vary from the performance of the employees like when we perform poorly they should increase the payout per product but we perform better they should decrease the payout per product.

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Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 28 Oct 2024

4.0
 for  Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

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Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

read more
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Muthoot Finance Assistant Branch Incharge Salary FAQs

What is the salary of Assistant Branch Incharge at Muthoot Finance?
Assistant Branch Incharge salary at Muthoot Finance in India ranges between ₹2.9 Lakhs to ₹4.0 Lakhs for experience between 4 years to 14 years. According to our estimates it is 4% more than the average Assistant Branch Incharge Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Assistant Branch Incharge at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Assistant Branch Incharge at Muthoot Finance is 4% more than the average salary of a Assistant Branch Incharge in India. To know exact salary insights, login to view.
What is the salary of a Assistant Branch Incharge in companies similar to Muthoot Finance in India?
  • Utkarsh Small Finance Bank Assistant Branch Incharge Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
  • V-Xpress Assistant Branch Incharge Salary - ₹2.1 Lakhs to ₹3.2 Lakhs per year
  • Muthoot Fincorp Assistant Branch Incharge Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • V-Trans Assistant Branch Incharge Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year
  • Manappuram Finance Assistant Branch Incharge Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Assistant Branch Incharge at Muthoot Finance in India?
The estimated take-home salary of a Assistant Branch Incharge at Muthoot Finance ranges between ₹23,607 per month to ₹25,066 per month in India. The take-home salary calculation is based on the average Muthoot Finance Assistant Branch Incharge salary in India which ranges between ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Muthoot Finance Assistant Branch Incharge salary in India ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.