Muthoot Finance Bhubaneswar Branch Head Salaries by 10+ Employees

9 - 14 years exp.

₹3.7 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Branch Head Salary in NBFC Companies for 9 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 9 - 13 years exp. (7 salaries)	₹4.1 L/yr - ₹6.5 L/yr
Finance & Accounting Branch Head Salary 12 - 14 years exp. (3 salaries)	₹4.1 L/yr - ₹4.9 L/yr
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Sales & Business Development Branch Head Salary 11 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹6 L/yr

Last Updated: 28 Sep 2024

Companies similar to Muthoot Finance for Branch Head in Bhubaneswar

Muthoot Finance Branch Head Salary

9 - 14 years exp. (11 salaries)

₹3.7 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Branch Head Salary 8 - 15 years exp. (5 salaries)	₹6 L/yr - ₹8.4 L/yr 45% more	5 job openings
Axis Bank Branch Head Salary 9 - 23 years exp. (53 salaries)	₹6.3 L/yr - ₹22 L/yr 203% more	9 job openings
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Utkarsh Small Finance Bank Branch Head Salary 9 - 16 years exp. (7 salaries)	₹4.5 L/yr - ₹10.5 L/yr 77% more
Aakash Educational Services Branch Head Salary 10 - 14 years exp. (6 salaries)	₹8 L/yr - ₹12 L/yr 128% more	3 job openings
Capital Trust Branch Head Salary 4 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹4.3 L/yr 37% less

Branch Head salary at Muthoot Finance ranges between ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries in Bhubaneswar

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (3 salaries)	₹4.9 L/yr - ₹5.4 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

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From

Branch Head

6 - 15 years exp.

Sales Head

Salary unavailable

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.

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

3.3

Rated by 3 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

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 Branch Head Salary FAQs

What is the salary of Branch Head at Muthoot Finance in Bhubaneswar?

The average salary of a Branch Head at Muthoot Finance in Bhubaneswar typically ranges from ₹3.7 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Branch Head in Bhubaneswar at Muthoot Finance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Branch Head 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 10+ Muthoot Finance employees in India.

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

The estimated take-home salary of a Branch Head at Muthoot Finance in Bhubaneswar typically ranges from ₹38,885 to ₹40,067 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 9 years to 14 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 10+ 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 Branch Head at Muthoot Finance in Bhubaneswar?

To be a Branch Head at Muthoot Finance in Bhubaneswar, the key skills required include:

- Sales
- Business Development
- Banking
- Cross Selling
- Branch Management

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 Branch Head in India?

Axis Bank	₹6.3 Lakhs to ₹22.0 Lakhs per year
Aakash Educational Services	₹8.0 Lakhs to ₹12.0 Lakhs per year
Utkarsh Small Finance Bank	₹4.5 Lakhs to ₹10.5 Lakhs per year
Aavas Financiers	₹6.0 Lakhs to ₹8.4 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.

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

The salary of a Branch Head at companies similar to Muthoot Finance in Bhubaneswar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capital Trust

₹2.5 Lakhs to ₹4.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Head at Muthoot Finance in Bhubaneswar?

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

Experience	Average Salary Range
9 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
10 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
11 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
12 years	₹4.9 Lakhs to ₹5.4 Lakhs per year

and so on.

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Muthoot Finance Branch Head Salaries in Bhubaneswar

Muthoot Finance Branch Head salary in Bhubaneswar ranges between ₹3.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Finance latest salaries received from various employees of Muthoot Finance.