Muthoot Finance Chhindwara Assistant Branch Manager Salaries by 3 Employees (Updated 2025)

10 - 11 years exp.

₹3.8 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

96% more than the average Assistant Branch Manager Salary in NBFC Companies for 10 - 11 years of experience

Interested in this particular role? 2 job openings

Last Updated: 5 Oct 2024

Companies similar to Muthoot Finance for Assistant Branch Manager in Chhindwara

Muthoot Finance Assistant Branch Manager Salary

10 - 11 years exp. (3 salaries)

₹3.8 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Capri Global Capital Assistant Branch Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 33% less

Assistant Branch Manager salary at Muthoot Finance ranges between ₹3.8 Lakhs to ₹5.3 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Branch Manager salaries in Chhindwara

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.7 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.8 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

Assistant Branch Manager in Indore

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.

Assistant Branch Manager in Yeola

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.

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.

Deputy Manager in Rae Bareli

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

Dislikes

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

Branch Manager in New Delhi

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

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.

Deputy Manager in Bhubaneswar

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

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Muthoot Finance Assistant Branch Manager Salary FAQs

What is the notice period for Assistant Branch Manager at Muthoot Finance in Chhindwara?

According to AmbitionBox, 50% of the Muthoot Finance Assistant Branch Managers in Chhindwara reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Branch Manager Salaries in Chhindwara

Muthoot Finance Assistant Branch Manager salary in Chhindwara ranges between ₹3.8 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.