Muthoot Finance Indore Branch Head Salaries by 4 Employees (Updated 2024)

9 - 12 years exp.

₹4.2 Lakhs - ₹5.2 Lakhs

Salary of majority employees

57% less than the average Branch Head Salary in NBFC Companies for 9 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 12 Feb 2024

Companies similar to Muthoot Finance for Branch Head in Indore

Muthoot Finance Branch Head Salary

9 - 12 years exp. (4 salaries)

₹4.2 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Head Salary 10 - 21 years exp. (25 salaries)	₹8 L/yr - ₹19 L/yr 234% more
ICICI Bank Branch Head Salary 8 - 18 years exp. (13 salaries)	₹7.4 L/yr - ₹21 L/yr 204% more
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Kotak Mahindra Bank Branch Head Salary 9 - 15 years exp. (7 salaries)	₹12.5 L/yr - ₹16 L/yr 205% more
IndusInd Bank Branch Head Salary 6 - 18 years exp. (22 salaries)	₹4.2 L/yr - ₹17.6 L/yr 107% more
IDFC FIRST Bank Branch Head Salary 11 - 18 years exp. (4 salaries)	₹14.1 L/yr - ₹17.3 L/yr 221% more
Federal Bank Branch Head Salary 4 - 9 years exp. (3 salaries)	₹12 L/yr - ₹16 L/yr 176% more
Aavas Financiers Branch Head Salary 6 - 14 years exp. (10 salaries)	₹4 L/yr - ₹10 L/yr 54% more	7 job openings

Branch Head salary at Muthoot Finance ranges between ₹4.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries in Indore

Last Updated: 12 Feb 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.9 L/yr
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11 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr

From

Branch Head

₹

Lakhs/yr

5 - 15 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Branch Head 5 - 15 years exp.

Branch Manager 2 - 18 years exp.

2% hike

Cluster Manager 8 - 20 years exp.

41% 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.

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 2 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

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Muthoot Finance Branch Head Salary FAQs

What is the salary of Branch Head at Muthoot Finance Indore?

Branch Head salary at Muthoot Finance in Indore ranges between ₹4.2 Lakhs to ₹5.2 Lakhs for experience between 9 years to 12 years. According to our estimates it is 57% less than the average Branch Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Indore.

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

The average salary of a Branch Head at Muthoot Finance is 57% less than the average salary of a Branch Head in Indore. 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 Indore.

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

HDFC Bank Branch Head Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
IDFC FIRST Bank Branch Head Salary - ₹14.1 Lakhs to ₹17.3 Lakhs per year
Kotak Mahindra Bank Branch Head Salary - ₹12.5 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Branch Head Salary - ₹7.4 Lakhs to ₹21.0 Lakhs per year
Federal Bank Branch Head Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year

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

IndusInd Bank Branch Head Salary - ₹4.2 Lakhs to ₹17.6 Lakhs per year
Aavas Financiers Branch Head Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Branch Head at Muthoot Finance ranges between ₹37,109 per month to ₹38,317 per month in Indore. The take-home salary calculation is based on the average Muthoot Finance Branch Head salary in India which ranges between ₹4.2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 9 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Finance Branch Heads in Indore reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Head Salaries in Indore

Muthoot Finance Branch Head salary in Indore ranges between ₹4.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.