Muthoot Finance Madurai Branch Head Salaries by 7 Employees (Updated 2025)

6 - 15 years exp.

₹3 Lakhs - ₹5.2 Lakhs

Salary of majority employees

46% less than the average Branch Head Salary in NBFC Companies for 6 - 15 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Muthoot Finance for Branch Head in Madurai

Muthoot Finance Branch Head Salary

6 - 15 years exp. (7 salaries)

₹3 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
DBS Bank Branch Head Salary 8 - 21 years exp. (11 salaries)	₹7 L/yr - ₹21.9 L/yr 174% more
CSB Bank Branch Head Salary 10 - 20 years exp. (5 salaries)	₹7 L/yr - ₹15.3 L/yr 164% more
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Bajaj Finserv Branch Head Salary 7 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 29% less
Muthoottu Mini Financiers Branch Head Salary 7 - 9 years exp. (4 salaries)	₹2.1 L/yr - ₹2.9 L/yr 47% less
Dexter Academy Branch Head Salary 0 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 65% less

Branch Head salary at Muthoot Finance ranges between ₹3 Lakhs to ₹5.2 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries in Madurai

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.6 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.9 L/yr

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Similar Designation salaries in Muthoot Finance

Assistant Manager Incharge Salary

(8 salaries)

₹2.15 L/yr - ₹4.45 L/yr

Cluster Manager Salary

(8 salaries)

₹4 L/yr - ₹7.5 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

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..

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

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.

Skill development - Excellent

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

Salary - Bad

+5 more

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

Salary - Bad

+6 more

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a cluster manager

DSA Sales Manager Personal loans.

Exciting Opportunity Alert! 🌟 Join our dynamic team at an NBFC! - Role: Sales Manager for DSA & DST Channel - Product: Personal Loans - Salary: Up to ₹8,00,000 per annum - Experience: Minimum 2 years - Location: Hyderabad - To Apply: Send your CV to the email address below.

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Muthoot Finance Branch Head Salary FAQs

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

Branch Head salary at Muthoot Finance in Madurai ranges between ₹3.0 Lakhs to ₹5.2 Lakhs for experience between 6 years to 15 years. According to our estimates it is 46% less than the average Branch Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance Madurai.

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

The average salary of a Branch Head at Muthoot Finance is 46% less than the average salary of a Branch Head in Madurai. 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 Madurai.

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

DBS Bank Branch Head Salary - ₹7.0 Lakhs to ₹21.9 Lakhs per year
CSB Bank Branch Head Salary - ₹7.0 Lakhs to ₹15.3 Lakhs per year

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

Bajaj Finserv Branch Head Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year
Muthoottu Mini Financiers Branch Head Salary - ₹2.1 Lakhs to ₹2.9 Lakhs per year
Dexter Academy Branch Head Salary - ₹1.6 Lakhs to ₹2.1 Lakhs per year

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

The estimated take-home salary of a Branch Head at Muthoot Finance ranges between ₹38,491 per month to ₹39,679 per month in Madurai. The take-home salary calculation is based on the average Muthoot Finance Branch Head salary in India which ranges between ₹3.0 Lakhs to ₹5.2 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 in Madurai?

According to AmbitionBox, 100% of the Muthoot Finance Branch Heads in Madurai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Head Salaries in Madurai

Muthoot Finance Branch Head salary in Madurai ranges between ₹3 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.