Muthoot Finance Vadodara Assistant Branch Manager Salaries by 4 Employees

8 - 12 years exp.

₹3.5 Lakhs - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Assistant Branch Manager Salary in NBFC Companies for 8 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 2 Feb 2024

Companies similar to Muthoot Finance for Assistant Branch Manager in Vadodara

Muthoot Finance Assistant Branch Manager Salary

8 - 12 years exp. (4 salaries)

₹3.5 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Assistant Branch Manager Salary 7 - 14 years exp. (9 salaries)	₹5 L/yr - ₹7 L/yr 35% more
ICICI Bank Assistant Branch Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹5.5 L/yr 9% more
Login to view exact salary
Bandhan Bank Assistant Branch Manager Salary 7 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹8 L/yr 50% more
SYSKA LED Lights Assistant Branch Manager Salary 14 - 16 years exp. (3 salaries)	₹14.9 L/yr - ₹15 L/yr 221% more
Winny Immigration & Education Services Assistant Branch Manager Salary 5 - 6 years exp. (3 salaries)	₹4.6 L/yr - ₹6.8 L/yr 28% more

Assistant Branch Manager salary at Muthoot Finance ranges between ₹3.5 Lakhs to ₹5.1 Lakhs per year for employees with experience between 8 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 Vadodara

Last Updated: 2 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Muthoot Finance

Credit Manager Salary

(3 salaries)

₹4.39 L/yr - ₹5.55 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

5.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in New Delhi

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.

Salary - Bad

+6 more

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.

Salary - Poor

+5 more

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.

Salary - Bad

+5 more

Sales Manager in Kochi

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

Skill development - Bad

+5 more

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

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

Promotions - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Assistant Branch Manager Salary FAQs

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

The average salary of a Assistant Branch Manager at Muthoot Finance in Vadodara typically ranges from ₹3.5 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Assistant Branch Manager in Vadodara at Muthoot Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 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 4 Muthoot Finance employees in India.

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

The estimated take-home salary of a Assistant Branch Manager at Muthoot Finance in Vadodara typically ranges from ₹34,802 to ₹36,044 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 8 years to 12 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 4 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 in Vadodara?

To be a Assistant Branch Manager at Muthoot Finance in Vadodara, 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?

SYSKA LED Lights	₹14.9 Lakhs to ₹15.0 Lakhs per year
Bandhan Bank	₹5.3 Lakhs to ₹8.0 Lakhs per year
Reliance Nippon Life Insurance	₹5.0 Lakhs to ₹7.0 Lakhs per year
Winny Immigration & Education Services	₹4.6 Lakhs to ₹6.8 Lakhs per year
ICICI Bank	₹5.0 Lakhs to ₹5.5 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.

How the salary growth look like for a Assistant Branch Manager at Muthoot Finance in Vadodara?

The salary growth for a Assistant Branch Manager at Muthoot Finance in Vadodara depends on factors such as experience, performance, and promotions. On average, a Assistant Branch Manager in Vadodara can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
9 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
10 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
11 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Muthoot Finance Assistant Branch Manager Salaries in Vadodara

Muthoot Finance Assistant Branch Manager salary in Vadodara ranges between ₹3.5 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.