Muthoot Finance Varanasi Branch Head Salaries by 7 Employees (Updated 2024)

7 - 13 years exp.

₹4 Lakhs - ₹5 Lakhs

Salary of majority employees

45% less than the average Branch Head Salary in NBFC Companies for 7 - 13 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 7 - 12 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr
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Finance & Accounting Branch Head Salary 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr

Last Updated: 14 Nov 2024

Companies similar to Muthoot Finance for Branch Head in Varanasi

Muthoot Finance Branch Head Salary

7 - 13 years exp. (7 salaries)

₹4 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Branch Head Salary 9 - 18 years exp. (9 salaries)	₹9.7 L/yr - ₹17.7 L/yr 193% more
Utkarsh Small Finance Bank Branch Head Salary 8 - 14 years exp. (15 salaries)	₹4.5 L/yr - ₹11.5 L/yr 96% more
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Arohan Financial Services Branch Head Salary 5 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 31% less
DCB Bank Branch Head Salary 10 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹11 L/yr 114% more
Muthoot Group Branch Head Salary 9 - 11 years exp. (3 salaries)	₹4 L/yr - ₹5.4 L/yr 2% less

Branch Head salary at Muthoot Finance ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Head salaries in Varanasi

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr
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9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr

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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.

3% hike

Cluster Manager 8 - 20 years exp.

38% 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.

Similar Designation salaries in Muthoot Finance

Cluster Manager Salary

(3 salaries)

₹7.19 L/yr - ₹8.5 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

Rated by 1 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Branch Head Salary FAQs

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

Branch Head salary at Muthoot Finance in Varanasi ranges between ₹4.0 Lakhs to ₹5.0 Lakhs for experience between 7 years to 13 years. According to our estimates it is 45% less than the average Branch Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance Varanasi.

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

The average salary of a Branch Head at Muthoot Finance is 45% less than the average salary of a Branch Head in Varanasi. 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 Varanasi.

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

Kotak Mahindra Bank Branch Head Salary - ₹9.7 Lakhs to ₹17.7 Lakhs per year
DCB Bank Branch Head Salary - ₹7.5 Lakhs to ₹11.0 Lakhs per year
Utkarsh Small Finance Bank Branch Head Salary - ₹4.5 Lakhs to ₹11.5 Lakhs per year

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

Muthoot Group Branch Head Salary - ₹4.0 Lakhs to ₹5.4 Lakhs per year
Arohan Financial Services Branch Head Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Branch Head at Muthoot Finance ranges between ₹36,786 per month to ₹37,999 per month in Varanasi. The take-home salary calculation is based on the average Muthoot Finance Branch Head salary in India which ranges between ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Finance Branch Heads in Varanasi reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Head Salaries in Varanasi

Muthoot Finance Branch Head salary in Varanasi ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.