Muthoot Finance Surat Assistant Branch Manager Salaries by 4 Employees (Updated 2025)

7 - 12 years exp.

₹5 Lakhs - ₹7.5 Lakhs

Salary of majority employees

16% more than the average Assistant Branch Manager Salary in NBFC Companies for 7 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 15 Nov 2024

Companies similar to Muthoot Finance for Assistant Branch Manager in Surat

Muthoot Finance Assistant Branch Manager Salary

7 - 12 years exp. (4 salaries)

₹5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Assistant Branch Manager Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹4.7 L/yr 25% less
Bajaj Finserv Assistant Branch Manager Salary 3 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹4.7 L/yr 26% less
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IDFC FIRST Bank Assistant Branch Manager Salary 4 - 8 years exp. (6 salaries)	₹3 L/yr - ₹7.7 L/yr 2% less
Aakash Educational Services Assistant Branch Manager Salary 6 - 11 years exp. (6 salaries)	₹5.9 L/yr - ₹8.8 L/yr 19% more	1 job opening
Electronica Finance Assistant Branch Manager Salary 3 - 10 years exp. (5 salaries)	₹4.1 L/yr - ₹4.5 L/yr 18% less

Assistant Branch Manager salary at Muthoot Finance ranges between ₹5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Branch Manager salaries in Surat

Last Updated: 15 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10 L/yr

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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

2.0

Rated by 1 employees for salary & benefits

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

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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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Muthoot Finance Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Finance Surat?

Assistant Branch Manager salary at Muthoot Finance in Surat ranges between ₹5.0 Lakhs to ₹7.5 Lakhs for experience between 7 years to 12 years. According to our estimates it is 16% more than the average Assistant Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Surat.

How does the salary of a Assistant Branch Manager at Muthoot Finance Surat compare with the average salary range for this job?

The average salary of a Assistant Branch Manager at Muthoot Finance is 16% more than the average salary of a Assistant Branch Manager in Surat. 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 Surat.

Which similar companies are paying more than Muthoot Finance to a Assistant Branch Manager in Surat?

Aakash Educational Services Assistant Branch Manager Salary - ₹5.9 Lakhs to ₹8.8 Lakhs per year

What is the salary of a Assistant Branch Manager in companies similar to Muthoot Finance in Surat?

IDFC FIRST Bank Assistant Branch Manager Salary - ₹3.0 Lakhs to ₹7.7 Lakhs per year
Electronica Finance Assistant Branch Manager Salary - ₹4.1 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Assistant Branch Manager Salary - ₹2.9 Lakhs to ₹4.7 Lakhs per year
Bajaj Finserv Assistant Branch Manager Salary - ₹2.4 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Assistant Branch Manager at Muthoot Finance in Surat?

The estimated take-home salary of a Assistant Branch Manager at Muthoot Finance ranges between ₹40,481 per month to ₹41,639 per month in Surat. The take-home salary calculation is based on the average Muthoot Finance Assistant Branch Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 56% of the Muthoot Finance Assistant Branch Managers in Surat reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Branch Manager Salaries in Surat

Muthoot Finance Assistant Branch Manager salary in Surat ranges between ₹5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.