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

6 - 15 years exp.

₹2.8 Lakhs - ₹6.6 Lakhs

Salary of majority employees

52% less than the average Branch Head Salary in NBFC Companies for 6 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 6 - 15 years exp. (107 salaries)	₹2.9 L/yr - ₹6.5 L/yr
Finance & Accounting Branch Head Salary 6 - 14 years exp. (34 salaries)	₹2.8 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Branch Head Salary 6 - 15 years exp. (29 salaries)	₹3.2 L/yr - ₹6.2 L/yr
Sales & Business Development Branch Head Salary 6 - 15 years exp. (24 salaries)	₹3.7 L/yr - ₹6.6 L/yr
Administration & Facilities Branch Head Salary 6 - 14 years exp. (6 salaries)	₹4.5 L/yr - ₹5.7 L/yr

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Last Updated: 19 Feb 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. (6 salaries)	₹2.7 L/yr - ₹7 L/yr 1% less
HDFC Bank Branch Head Salary 9 - 20 years exp. (312 salaries)	₹7.5 L/yr - ₹25.1 L/yr 203% more
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ICICI Bank Branch Head Salary 8 - 19 years exp. (292 salaries)	₹5.9 L/yr - ₹22.6 L/yr 175% more
Kotak Mahindra Bank Branch Head Salary 8 - 18 years exp. (284 salaries)	₹7.4 L/yr - ₹23 L/yr 187% more
Axis Bank Branch Head Salary 9 - 24 years exp. (895 salaries)	₹7.3 L/yr - ₹24.5 L/yr 209% more	3 job openings
Yes Bank Branch Head Salary 7 - 18 years exp. (203 salaries)	₹6.2 L/yr - ₹25.6 L/yr 183% more
IndusInd Bank Branch Head Salary 4 - 19 years exp. (350 salaries)	₹3.9 L/yr - ₹15.5 L/yr 82% more	3 job openings
IDFC FIRST Bank Branch Head Salary 9 - 17 years exp. (135 salaries)	₹6.6 L/yr - ₹25.7 L/yr 199% more
Federal Bank Branch Head Salary 3 - 13 years exp. (44 salaries)	₹7.7 L/yr - ₹20 L/yr 185% more
RBL Bank Branch Head Salary 12 - 23 years exp. (107 salaries)	₹8.7 L/yr - ₹31.2 L/yr 291% 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 249 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
6 years (18 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 (37 salaries)	₹2.9 L/yr - ₹6.5 L/yr
9 years (19 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 (30 salaries)	₹4 L/yr - ₹6 L/yr
13 years (18 salaries)	₹3.5 L/yr - ₹6 L/yr
14 years (9 salaries)	₹4.6 L/yr - ₹6.3 L/yr
15+ years (8 salaries)	₹4.8 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Muthoot Finance

Area Head Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Branch Manager Salary

(560 salaries)

₹1.8 L/yr - ₹7 L/yr

Branch Incharge Salary

(101 salaries)

₹2.25 L/yr - ₹6.2 L/yr

Cluster Head Salary

(13 salaries)

₹4.7 L/yr - ₹10.75 L/yr

Accountant Salary

(64 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

(73 salaries)

₹3 L/yr - ₹7.2 L/yr

Sales Manager Salary

(42 salaries)

₹2.5 L/yr - ₹6.5 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

3.0

Rated by 90 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..

Skill development - Good

+3 more

Dislikes

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

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

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

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

Salary - Good

+2 more

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.

Job security - Bad

+3 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 52% less than the average Branch Head Salary in India. Salary estimates are based on 249 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 52% 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 - ₹8.7 Lakhs to ₹31.2 Lakhs per year
Axis Bank Branch Head Salary - ₹7.3 Lakhs to ₹24.5 Lakhs per year
HDFC Bank Branch Head Salary - ₹7.5 Lakhs to ₹25.1 Lakhs per year
IDFC FIRST Bank Branch Head Salary - ₹6.6 Lakhs to ₹25.7 Lakhs per year
Kotak Mahindra Bank Branch Head Salary - ₹7.4 Lakhs to ₹23.0 Lakhs per year

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

Federal Bank Branch Head Salary - ₹7.7 Lakhs to ₹20.0 Lakhs per year
Yes Bank Branch Head Salary - ₹6.2 Lakhs to ₹25.6 Lakhs per year
ICICI Bank Branch Head Salary - ₹5.9 Lakhs to ₹22.6 Lakhs per year
PNB Housing Finance Branch Head Salary - ₹9.0 Lakhs to ₹20.1 Lakhs per year
Tata Capital Housing Finance Branch Head Salary - ₹12.0 Lakhs to ₹13.4 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 ₹39,142 per month to ₹40,320 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, 40% of the Muthoot Finance Branch Heads reported a notice period of 3 Months, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 200 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 249 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Branch Head salaries in India (Updated 2025)

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

Assistant Branch Manager in New Delhi

Sales Manager in Kochi

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Muthoot Finance Branch Head Salary FAQs

Tell us how to improve this page.

Muthoot Finance Branch Head Salaries by Location