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Muthoot Finance Assistant Branch Manager salaries in India (Updated 2025)

Annual salary range
3 - 16 years exp.
₹2 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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At par with the average Assistant Branch Manager Salary in NBFC Companies for 3 - 16 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Assistant Branch Manager Salary
3 - 16 years exp. (64 salaries)
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₹2.6 L/yr - ₹7.5 L/yr

Finance & Accounting
Assistant Branch Manager Salary
3 - 15 years exp. (28 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

Sales & Business Development
Assistant Branch Manager Salary
3 - 14 years exp. (27 salaries)
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₹2.8 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Assistant Branch Manager Salary
3 - 15 years exp. (26 salaries)
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₹3 L/yr - ₹7.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Muthoot Finance for Assistant Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Branch Manager Salary

3 - 14 years exp. (190 salaries)

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₹2 L/yr - ₹9.9 L/yr

arrow icon 22% more
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ICICI Bank Assistant Branch Manager Salary

0 - 10 years exp. (215 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 3% more
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Axis Bank Assistant Branch Manager Salary

1 - 9 years exp. (41 salaries)

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₹2.2 L/yr - ₹7 L/yr

arrow icon 13% less
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₹7.6 L/yr - ₹10 L/yr

arrow icon 88% more
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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 19% less
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Shriram Finance Assistant Branch Manager Salary

2 - 11 years exp. (138 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 32% less
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₹1.1 L/yr - ₹4 L/yr

arrow icon 49% less
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Muthoot Fincorp Assistant Branch Manager Salary

3 - 8 years exp. (163 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 37% less
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 35% less
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IIFL Finance Assistant Branch Manager Salary

2 - 9 years exp. (109 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 16% less
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 17% less
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 30% less
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₹2.9 L/yr - ₹5.6 L/yr

arrow icon 13% less
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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 44% less
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L&T Finance Assistant Branch Manager Salary

1 - 6 years exp. (20 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 48% less
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₹2.1 L/yr - ₹4 L/yr

arrow icon 41% less
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 7% less
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₹4.5 L/yr - ₹6 L/yr

arrow icon 10% more
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₹10 L/yr - ₹21 L/yr

arrow icon 200% more
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₹2.6 L/yr - ₹5.5 L/yr

arrow icon 26% less
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Assistant Branch Manager salary at Muthoot Finance ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 187 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Branch Manager

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9 years exp.
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Experience wise Muthoot Finance Assistant Branch Manager salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
3 years  (10 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
4 years  (9 salaries)

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₹2.5 L/yr - ₹4.8 L/yr
5 years  (16 salaries)

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₹2 L/yr - ₹5 L/yr
6 years  (13 salaries)

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₹3.1 L/yr - ₹7 L/yr
7 years  (22 salaries)

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₹2.4 L/yr - ₹6 L/yr
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Similar Designation salaries in Muthoot Finance

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₹2.5 L/yr - ₹5.25 L/yr
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₹6.5 L/yr - ₹10.5 L/yr
Branch Manager Salary
(562 salaries)
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₹1.8 L/yr - ₹7 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
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₹2.5 L/yr - ₹8 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Cluster Manager Salary
(145 salaries)
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₹4 L/yr - ₹9.81 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹3.5 L/yr - ₹9 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Top skills at Muthoot Finance for Assistant Branch Manager

Sales Team Handling Branch Operations Business Development Branch Handling Heading Branch Branch Management Operations Branch Sales Gold Loan Branch Banking Banking Operations NBFC Auditing Banking

Salary related reviews for Muthoot Finance

2.8

Rated by 67 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 30 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Bahut kam salary hai and bahut jayada work pressure dete hain bilkul chindi company hai and koi job security nahi hai hamesha dar laga rahta hai job ka and fraud ka agar koi bhi fraud ho jaye to tumhe paise dene padenge.and management bhi sabko chor samajhti hai.badhua mazdoor ki tarah kaam lete hai.raat ko 8 baje tak kaam lete hain subha 1 min bhi late ho jaao to salary kaat lete hain.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 06 Oct 2023

2.0
 for  Salary and Benefits

Likes

Provided best customer service as well as various schemes for customers

Dislikes

Not beneficial for employees very less salary and growth opportunities. Thay don't have any value for there existing and resined employees. Very disappointing.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 12 May 2021

1.0
 for  Salary and Benefits

Likes

Treating employee as a liability not as an asset of the company. Company policy made in favors of company only, customers and employees are in least place in company's policy.

read more

Dislikes

Training is good, salary is poor, you have to take lots of follow-ups with admin for settlement of any reimbursements/bills, treating employee as a profit earning center (Lots of recovery plan is there in the company). Treatment to branch employees by corporate office is not good.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

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  • Skill development - Bad
  • +5 more

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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  • Skill development - Good
  • +4 more

Dislikes

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

read more
  • Promotions - Poor
see more salary related reviews

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Muthoot Finance Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Finance?
Assistant Branch Manager salary at Muthoot Finance in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for experience between 3 years to 16 years. According to our estimates it is 2% less than the average Assistant Branch Manager Salary in India. Salary estimates are based on 187 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Assistant Branch Manager at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Assistant Branch Manager at Muthoot Finance is 2% less than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Branch Manager at Muthoot Finance?
Sales, Team Handling, Branch Operations, Business Development and Branch Handling are some of the popular skills required to work as a Assistant Branch Manager at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Assistant Branch Manager in India?
  • LIC Housing Finance Assistant Branch Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
  • State Bank of India Assistant Branch Manager Salary - ₹7.6 Lakhs to ₹10.0 Lakhs per year
  • HDFC Bank Assistant Branch Manager Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year
  • Sundaram Finance Assistant Branch Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • ICICI Bank Assistant Branch Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Assistant Branch Manager in companies similar to Muthoot Finance in India?
  • Aavas Financiers Assistant Branch Manager Salary - ₹3.2 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Finance Assistant Branch Manager Salary - ₹2.9 Lakhs to ₹5.6 Lakhs per year
  • Axis Bank Assistant Branch Manager Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
  • IIFL Finance Assistant Branch Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year
  • Poonawalla Fincorp Assistant Branch Manager Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Assistant Branch Manager at Muthoot Finance in India?
The estimated take-home salary of a Assistant Branch Manager at Muthoot Finance ranges between ₹37,083 per month to ₹38,291 per month in India. The take-home salary calculation is based on the average Muthoot Finance Assistant Branch Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Assistant Branch Manager at Muthoot Finance?
According to AmbitionBox, 43% of the Muthoot Finance Assistant Branch Managers reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 130 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Assistant Branch Manager salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 187 Muthoot Finance latest salaries received from various employees of Muthoot Finance.