Muthoot Finance Branch Head Salaries by 200+ Employees (Updated 2025)

6 - 15 years exp.

₹2.8 Lakhs - ₹6.6 Lakhs

Salary of majority employees

53% less than the average Branch Head Salary in NBFC Companies for 6 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 6 - 15 years exp. (106 salaries)	₹3 L/yr - ₹6.5 L/yr
Finance & Accounting Branch Head Salary 6 - 14 years exp. (33 salaries)	₹2.8 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Branch Head Salary 6 - 15 years exp. (28 salaries)	₹3.2 L/yr - ₹6.2 L/yr
Sales & Business Development Branch Head Salary 6 - 15 years exp. (24 salaries)	₹3.5 L/yr - ₹6.6 L/yr
Administration & Facilities Branch Head Salary 6 - 14 years exp. (5 salaries)	₹4.5 L/yr - ₹5.7 L/yr

View all

Last Updated: 4 Jan 2025

Companies similar to Muthoot Finance for Branch Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Head Salary 2 - 10 years exp. (7 salaries)	₹2.7 L/yr - ₹9 L/yr 4% more
HDFC Bank Branch Head Salary 9 - 22 years exp. (325 salaries)	₹7.5 L/yr - ₹26.5 L/yr 240% more
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ICICI Bank Branch Head Salary 8 - 19 years exp. (192 salaries)	₹6.4 L/yr - ₹23 L/yr 199% more
Kotak Mahindra Bank Branch Head Salary 9 - 18 years exp. (285 salaries)	₹7.4 L/yr - ₹23 L/yr 201% more
Axis Bank Branch Head Salary 7 - 24 years exp. (890 salaries)	₹7 L/yr - ₹26 L/yr 198% more	2 job openings
Yes Bank Branch Head Salary 7 - 21 years exp. (217 salaries)	₹6.5 L/yr - ₹25.6 L/yr 206% more	1 job opening
IndusInd Bank Branch Head Salary 4 - 19 years exp. (354 salaries)	₹4 L/yr - ₹15.8 L/yr 92% more
IDFC FIRST Bank Branch Head Salary 10 - 18 years exp. (132 salaries)	₹7.1 L/yr - ₹24.5 L/yr 229% more
Federal Bank Branch Head Salary 3 - 13 years exp. (46 salaries)	₹6.5 L/yr - ₹22 L/yr 222% more
RBL Bank Branch Head Salary 12 - 22 years exp. (103 salaries)	₹8.6 L/yr - ₹31.2 L/yr 299% more

View all

Branch Head salary at Muthoot Finance ranges between ₹2.8 Lakhs to ₹6.6 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 240 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
6 years (19 salaries)	₹2.8 L/yr - ₹6 L/yr
7 years (28 salaries)	₹3.2 L/yr - ₹6 L/yr
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8 years (33 salaries)	₹3 L/yr - ₹6 L/yr
9 years (20 salaries)	₹3 L/yr - ₹6.5 L/yr
10 years (50 salaries)	₹3 L/yr - ₹6.6 L/yr
11 years (32 salaries)	₹3 L/yr - ₹6.5 L/yr
12 years (29 salaries)	₹3.5 L/yr - ₹6 L/yr
13 years (16 salaries)	₹3.5 L/yr - ₹6 L/yr
14 years (8 salaries)	₹4.6 L/yr - ₹6 L/yr
15+ years (5 salaries)	₹4.8 L/yr - ₹6.3 L/yr

View all

From

Branch Head

₹

Lakhs/yr

6 - 15 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Branch Head 6 - 15 years exp.

Branch Manager 2 - 18 years exp.

Cluster Manager 8 - 20 years exp.

39% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

Area Head Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Branch Manager Salary

(524 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Branch Incharge Salary

(99 salaries)

₹2 L/yr - ₹6.2 L/yr

Cluster Head Salary

(14 salaries)

₹4.7 L/yr - ₹11.2 L/yr

Accountant Salary

(69 salaries)

₹1.3 L/yr - ₹5.05 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Credit Manager Salary

(72 salaries)

₹3 L/yr - ₹7.2 L/yr

Sales Manager Salary

(30 salaries)

₹3 L/yr - ₹6.3 L/yr

Branch Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹9 L/yr

Sales Officer Salary

(23 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Top skills at Muthoot Finance for Branch Head

Sales Business Development Banking Cross Selling Branch Management Team Handling Heading Branch Branch Handling Branch Banking Branch Operations Gold Loan Financial Services Retail Banking Customer Handling NBFC

Salary related reviews for Muthoot Finance

3.2

Rated by 86 employees for salary & benefits

Branch Head in North Twenty Four Parganas

Full Time

Project & Program Management Department

4.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

Job satisfaction is there and huge opportunity to earn incentives and chance to go foreign trip by achieving business target..

Dislikes

Salary is quite low as per requirement.. customer benifit site is very bad..

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.

Branch Incharge in Varanasi

Full Time

Sales & Business Development Department

2.0

• posted on 22 Oct 2024

1.0

for Salary and Benefits

Likes

Yes,they look after there employees and have very strong Audit team which help in taking quick and responsive initiatives over any queries.

Dislikes

...the RM and the other employees at Ro level takes the Branch staff for granted 2. Salary package is very very low as compaire to others. 3. They ask about salary justification over work,i would like to say first you give the proper salary and designation to you employee's and then ask this question

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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a social media specialist

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 Branch Head Salary FAQs

What is the salary of Branch Head at Muthoot Finance?

Branch Head salary at Muthoot Finance in India ranges between ₹2.8 Lakhs to ₹6.6 Lakhs for experience between 6 years to 15 years. According to our estimates it is 53% less than the average Branch Head Salary in India. Salary estimates are based on 240 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Branch Head at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Branch Head at Muthoot Finance is 53% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Head at Muthoot Finance?

Sales, Business Development, Banking, Cross Selling and Branch Management are some of the popular skills required to work as a Branch Head at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Branch Head in India?

RBL Bank Branch Head Salary - ₹8.6 Lakhs to ₹31.2 Lakhs per year
HDFC Bank Branch Head Salary - ₹7.5 Lakhs to ₹26.5 Lakhs per year
IDFC FIRST Bank Branch Head Salary - ₹7.1 Lakhs to ₹24.5 Lakhs per year
Federal Bank Branch Head Salary - ₹6.5 Lakhs to ₹22.0 Lakhs per year
Yes Bank Branch Head Salary - ₹6.5 Lakhs to ₹25.6 Lakhs per year

What is the salary of a Branch Head in companies similar to Muthoot Finance in India?

Kotak Mahindra Bank Branch Head Salary - ₹7.4 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Branch Head Salary - ₹6.4 Lakhs to ₹23.0 Lakhs per year
Axis Bank Branch Head Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
PNB Housing Finance Branch Head Salary - ₹9.0 Lakhs to ₹20.1 Lakhs per year
SMFG India Credit Branch Head Salary - ₹10.2 Lakhs to ₹14.8 Lakhs per year

What is the estimated take home salary of a Branch Head at Muthoot Finance in India?

The estimated take-home salary of a Branch Head at Muthoot Finance ranges between ₹37,217 per month to ₹38,424 per month in India. The take-home salary calculation is based on the average Muthoot Finance Branch Head salary in India which ranges between ₹2.8 Lakhs to ₹6.6 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Branch Head at Muthoot Finance?

According to AmbitionBox, 41% of the Muthoot Finance Branch Heads reported a notice period of 1 Month, 36% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 203 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Head Salaries by Location

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Muthoot Finance Branch Head Salaries

Muthoot Finance Branch Head salary in India ranges between ₹2.8 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 240 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Branch Head salaries in India

Companies similar to Muthoot Finance for Branch Head

Latest annual salaries shared by Muthoot Finance Branch Head

Experience wise Muthoot Finance Branch Head salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Branch Head

Salary related reviews for Muthoot Finance

Branch Head in North Twenty Four Parganas

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Branch Incharge in Varanasi

Deputy Manager in Bhubaneswar

Muthoot Finance Branch Head Salary FAQs

Tell us how to improve this page.

Muthoot Finance Branch Head Salaries by Location