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

Annual salary range
3 - 16 years exp.
₹2.4 Lakhs - ₹7 Lakhs
Salary of majority employees
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6% less than the average Assistant Branch Manager Salary in NBFC Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Branch Manager Salary
3 - 16 years exp. (61 salaries)
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₹2.6 L/yr - ₹6.3 L/yr

Finance & Accounting
Assistant Branch Manager Salary
3 - 14 years exp. (29 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

Sales & Business Development
Assistant Branch Manager Salary
3 - 14 years exp. (26 salaries)
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₹2.8 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Assistant Branch Manager Salary
3 - 15 years exp. (25 salaries)
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₹3 L/yr - ₹6 L/yr

Last Updated: 24 Mar 2025

Companies similar to Muthoot Finance for Assistant Branch Manager

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹4 L/yr

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Muthoot Fincorp Assistant Branch Manager Salary

3 - 8 years exp. (143 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 35% less
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 33% less
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IIFL Finance Assistant Branch Manager Salary

2 - 9 years exp. (107 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 15% less
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Shriram Finance Assistant Branch Manager Salary

3 - 9 years exp. (108 salaries)

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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 26% less
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₹2.5 L/yr - ₹6 L/yr

arrow icon 14% less
1 job opening
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₹1.9 L/yr - ₹4.6 L/yr

arrow icon 29% less
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₹2.9 L/yr - ₹5.6 L/yr

arrow icon 10% less
1 job opening
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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 42% less
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₹1.9 L/yr - ₹3.1 L/yr

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

1 - 7 years exp. (21 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 45% less
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 50% 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 4% less
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₹2.6 L/yr - ₹4.6 L/yr

arrow icon 22% less
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₹2 L/yr - ₹3.6 L/yr

arrow icon 44% less
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₹4.5 L/yr - ₹6 L/yr

arrow icon 13% more
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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 47% less
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₹2.4 L/yr - ₹4.9 L/yr

arrow icon 27% less
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₹2.6 L/yr - ₹5.5 L/yr

arrow icon 24% less
View all
Assistant Branch Manager salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 186 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Branch Manager

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Experience wise Muthoot Finance Assistant Branch Manager salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
3 years  (10 salaries)

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₹2.6 L/yr - ₹4.5 L/yr
4 years  (11 salaries)

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₹2.5 L/yr - ₹5 L/yr
5 years  (15 salaries)

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₹2.6 L/yr - ₹5 L/yr
6 years  (13 salaries)

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₹3.1 L/yr - ₹5 L/yr
7 years  (22 salaries)

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₹2.4 L/yr - ₹6.3 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
(588 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 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
(142 salaries)
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₹4.05 L/yr - ₹11 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 Branch Banking Gold Loan Banking Operations NBFC Banking Cross Selling

Salary related reviews for Muthoot Finance

2.8

Rated by 70 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

read more
  • 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

read more
  • 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 ?
The average salary of a Assistant Branch Manager at Muthoot Finance in India typically ranges from ₹2.4 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Assistant Branch Manager at Muthoot Finance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Assistant Branch Manager Salaries at Muthoot Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Muthoot Finance employees in India.
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 in India typically ranges from ₹35,926 to ₹37,152 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 3 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Branch Manager at Muthoot Finance ?
To be a Assistant Branch Manager at Muthoot Finance in india, the key skills required include:

  • - Sales
  • - Team Handling
  • - Branch Operations
  • - Business Development
  • - Branch Handling

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Finance for Assistant Branch Manager in India?
Sundaram Finance ₹4.5 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.
What is the salary of a Assistant Branch Manager in companies similar to Muthoot Finance in India?
The salary of a Assistant Branch Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aavas Financiers ₹3.2 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp ₹3.9 Lakhs to ₹4.5 Lakhs per year
Bajaj Finance ₹2.9 Lakhs to ₹5.6 Lakhs per year
Capri Global Capital ₹2.5 Lakhs to ₹6.0 Lakhs per year
IIFL Finance ₹2.3 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Assistant Branch Manager at Muthoot Finance in India?
The salary growth for a Assistant Branch Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Branch Manager can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
3 years ₹2.6 Lakhs to ₹4.5 Lakhs per year
4 years ₹2.5 Lakhs to ₹5.0 Lakhs per year
5 years ₹2.6 Lakhs to ₹5.0 Lakhs per year
6 years ₹3.1 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Assistant Branch Manager salary in India ranges between ₹2.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 186 Muthoot Finance latest salaries received from various employees of Muthoot Finance.