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Muthoot Finance Branch Incharge salaries in India (Updated 2025)

Annual salary range
2 - 11 years exp.
₹2 Lakhs - ₹6.2 Lakhs
Salary of majority employees
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At par with the average Branch Incharge Salary in NBFC Companies for 2 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Incharge Salary
2 - 11 years exp. (29 salaries)
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₹2.3 L/yr - ₹5.5 L/yr

Finance & Accounting
Branch Incharge Salary
2 - 11 years exp. (19 salaries)
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₹2.6 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Branch Incharge Salary
3 - 11 years exp. (12 salaries)
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₹2.3 L/yr - ₹5.8 L/yr

Sales & Business Development
Branch Incharge Salary
3 - 11 years exp. (9 salaries)
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₹3.1 L/yr - ₹6.2 L/yr

Last Updated: 4 Mar 2025

Companies similar to Muthoot Finance for Branch Incharge

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Branch Incharge Salary

2 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 44% less
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Shriram Finance Branch Incharge Salary

3 - 11 years exp. (14 salaries)

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₹2 L/yr - ₹3.9 L/yr

arrow icon 20% less
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Bajaj Finance Branch Incharge Salary

2 - 12 years exp. (4 salaries)

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₹4 L/yr - ₹5.1 L/yr

arrow icon 8% more
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HDFC Bank Branch Incharge Salary

2 - 16 years exp. (9 salaries)

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₹6.9 L/yr - ₹14 L/yr

arrow icon 100% more
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ICICI Bank Branch Incharge Salary

1 - 13 years exp. (6 salaries)

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₹2 L/yr - ₹8.9 L/yr

arrow icon 14% more
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Axis Bank Branch Incharge Salary

8 - 21 years exp. (5 salaries)

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₹4 L/yr - ₹23.1 L/yr

arrow icon 218% more
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Tata Capital Branch Incharge Salary

6 - 15 years exp. (4 salaries)

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₹7 L/yr - ₹8.3 L/yr

arrow icon 79% more
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Muthoot Fincorp Branch Incharge Salary

2 - 11 years exp. (190 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 35% less
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HDB Financial Services Branch Incharge Salary

5 - 12 years exp. (131 salaries)

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₹2.8 L/yr - ₹8.5 L/yr

arrow icon 45% more
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IIFL Finance Branch Incharge Salary

2 - 8 years exp. (51 salaries)

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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 9% less
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SMFG India Credit Branch Incharge Salary

0 - 9 years exp. (13 salaries)

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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 3% less
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Sammaan Capital Limited Branch Incharge Salary

1 - 16 years exp. (10 salaries)

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₹6 L/yr - ₹9.4 L/yr

arrow icon 78% more
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SK Finance Limited Branch Incharge Salary

7 - 10 years exp. (10 salaries)

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₹3.1 L/yr - ₹4.7 L/yr

arrow icon 2% less
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CreditAccess Grameen Branch Incharge Salary

2 - 4 years exp. (7 salaries)

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₹1.6 L/yr - ₹2.5 L/yr

arrow icon 55% less
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₹5 L/yr - ₹15 L/yr

arrow icon 137% more
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PNB Housing Finance Branch Incharge Salary

1 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 11% more
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L&T Finance Branch Incharge Salary

1 - 8 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 46% less
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Sundaram Finance Branch Incharge Salary

7 - 18 years exp. (4 salaries)

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₹6.1 L/yr - ₹9.8 L/yr

arrow icon 80% more
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Mahindra Finance Branch Incharge Salary

5 - 12 years exp. (3 salaries)

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₹2.5 L/yr - ₹14 L/yr

arrow icon 53% more
Branch Incharge salary at Muthoot Finance ranges between ₹2 Lakhs to ₹6.2 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 102 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Branch Incharge

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Experience wise Muthoot Finance Branch Incharge salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.6 L/yr
3 years  (13 salaries)

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₹2.3 L/yr - ₹4.5 L/yr
4 years  (12 salaries)

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₹2.3 L/yr - ₹4.2 L/yr
5 years  (16 salaries)

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₹2 L/yr - ₹5.2 L/yr
6 years  (14 salaries)

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₹2.5 L/yr - ₹7.7 L/yr
View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(560 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Branch Head Salary
(121 salaries)
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₹2.8 L/yr - ₹6.6 L/yr
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₹3.5 L/yr - ₹9 L/yr
Area Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr
Sales Manager Salary
(45 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
Sales Executive Salary
(70 salaries)
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₹1.4 L/yr - ₹3.53 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Team Lead Salary
(23 salaries)
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₹1.8 L/yr - ₹3.85 L/yr
Deputy Manager Salary
(87 salaries)
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₹2.8 L/yr - ₹8.9 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Top skills at Muthoot Finance for Branch Incharge

Team Handling Sales Cross Selling Branch Banking Branch Management Operations Business Development Branch Handling Marketing Branch Operations

Salary related reviews for Muthoot Finance

3.9

Rated by 29 employees for salary & benefits

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.

read more
  • 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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Skill development - Bad
  • +5 more

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • 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.

read more
  • Job security - Bad
  • +3 more
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Muthoot Finance Branch Incharge Salary FAQs

What is the salary of Branch Incharge at Muthoot Finance ?
The average salary of a Branch Incharge at Muthoot Finance in India typically ranges from ₹2.0 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Branch Incharge at Muthoot Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Branch Incharge 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 100+ Muthoot Finance employees in India.
What is the estimated take home salary of a Branch Incharge at Muthoot Finance in India?
The estimated take-home salary of a Branch Incharge at Muthoot Finance in India typically ranges from ₹31,580 to ₹32,870 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 2 years to 11 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 100+ 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 Incharge at Muthoot Finance ?
To be a Branch Incharge at Muthoot Finance in india, the key skills required include:

  • - Team Handling
  • - Sales
  • - Cross Selling
  • - Branch Banking
  • - 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 Incharge in India?
Axis Bank ₹4.0 Lakhs to ₹23.1 Lakhs per year
Tata Capital Housing Finance ₹5.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank ₹6.9 Lakhs to ₹14.0 Lakhs per year
Sundaram Finance ₹6.1 Lakhs to ₹9.8 Lakhs per year
Tata Capital ₹7.0 Lakhs to ₹8.3 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 Incharge in companies similar to Muthoot Finance in India?
The salary of a Branch Incharge at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited ₹6.0 Lakhs to ₹9.4 Lakhs per year
Mahindra Finance ₹2.5 Lakhs to ₹14.0 Lakhs per year
HDB Financial Services ₹2.8 Lakhs to ₹8.5 Lakhs per year
ICICI Bank ₹2.0 Lakhs to ₹8.9 Lakhs per year
PNB Housing Finance ₹4.0 Lakhs to ₹6.5 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 Incharge at Muthoot Finance in India?
The salary growth for a Branch Incharge at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Branch Incharge can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.3 Lakhs to ₹4.5 Lakhs per year
4 years ₹2.3 Lakhs to ₹4.2 Lakhs per year
5 years ₹2.0 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Branch Incharge salary in India ranges between ₹2 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 102 Muthoot Finance latest salaries received from various employees of Muthoot Finance.