Muthoot Finance Branch Head and Branch Manager Salaries by 4 Employees (Updated 2025)

5 - 13 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Branch Head and Branch Manager Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

Finance & Accounting Branch Head and Branch Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
BFSI, Investments & Trading Branch Head and Branch Manager Salary 11 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations Branch Head and Branch Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 16 Jun 2024

Companies similar to Muthoot Finance for Branch Head and Branch Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Branch Head and Branch Manager Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹3.8 L/yr 38% less
HDFC Bank Branch Head and Branch Manager Salary 11 - 18 years exp. (7 salaries)	₹8.6 L/yr - ₹13.7 L/yr 161% more
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ICICI Bank Branch Head and Branch Manager Salary 8 - 15 years exp. (5 salaries)	₹9.2 L/yr - ₹15 L/yr 135% more
Axis Bank Branch Head and Branch Manager Salary 12 - 16 years exp. (12 salaries)	₹9.9 L/yr - ₹15 L/yr 165% more
Kotak Mahindra Bank Branch Head and Branch Manager Salary 5 - 14 years exp. (5 salaries)	₹6.6 L/yr - ₹9.8 L/yr 82% more

Branch Head and Branch Manager salary at Muthoot Finance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head and Branch Manager salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Muthoot Finance

Assistant Branch Manager Salary

(181 salaries)

₹2.4 L/yr - ₹7.47 L/yr

Senior Branch Manager Salary

(11 salaries)

₹6.6 L/yr - ₹10.5 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Branch Sales Manager Salary

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₹3.5 L/yr - ₹9 L/yr

Branch Manager Salary

(531 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Branch Incharge Salary

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₹2 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Operations Manager Salary

(21 salaries)

₹2.05 L/yr - ₹7.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹9 L/yr

Area Manager Salary

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₹3.5 L/yr - ₹8.8 L/yr

Salary related reviews for Muthoot Finance

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

see more salary related reviews

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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 Branch Head and Branch Manager Salary FAQs

What is the salary of Branch Head and Branch Manager at Muthoot Finance?

Branch Head and Branch Manager salary at Muthoot Finance in India ranges between ₹3.5 Lakhs to ₹6.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 51% less than the average Branch Head and Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Branch Head and Branch Manager at Muthoot Finance is 51% less than the average salary of a Branch Head and Branch Manager in India. To know exact salary insights, login to view.

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

Axis Bank Branch Head and Branch Manager Salary - ₹9.9 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Branch Head and Branch Manager Salary - ₹8.6 Lakhs to ₹13.7 Lakhs per year
ICICI Bank Branch Head and Branch Manager Salary - ₹9.2 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Branch Head and Branch Manager Salary - ₹6.6 Lakhs to ₹9.8 Lakhs per year

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

Manappuram Finance Branch Head and Branch Manager Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Branch Head and Branch Manager at Muthoot Finance ranges between ₹34,050 per month to ₹35,303 per month in India. The take-home salary calculation is based on the average Muthoot Finance Branch Head and Branch Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Finance Branch Head and Branch Managers reported a notice period of 15 days or less, 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 Branch Head and Branch Manager Salaries by Location

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Muthoot Finance Branch Head and Branch Manager Salaries

Muthoot Finance Branch Head and Branch Manager salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.