Muthoot Finance Hyderabad / Secunderabad Branch Incharge Salaries by 8 Employees

4 - 8 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Branch Incharge Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Incharge Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
Finance & Accounting Branch Incharge Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 L/yr
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Customer Success, Service & Operations Branch Incharge Salary 4 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.9 L/yr

Last Updated: 20 Dec 2024

Companies similar to Muthoot Finance for Branch Incharge in Hyderabad / Secunderabad

Muthoot Finance Branch Incharge Salary

4 - 8 years exp. (8 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Branch Incharge Salary 2 - 8 years exp. (11 salaries)	₹2 L/yr - ₹4.5 L/yr 34% less
Bandhan Bank Branch Incharge Salary 5 - 12 years exp. (4 salaries)	₹4.4 L/yr - ₹6.7 L/yr 32% more
Login to view exact salary
XpressBees Branch Incharge Salary 4 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 12% less
Sindhu Cargo Services Branch Incharge Salary 2 - 18 years exp. (4 salaries)	₹2 L/yr - ₹5.2 L/yr 13% less
DTDC Express Branch Incharge Salary 2 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹4.5 L/yr 27% less

Branch Incharge salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Incharge salaries in Hyderabad / Secunderabad

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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6 years (3 salaries)	₹2.5 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(97 salaries)

₹2.2 L/yr - ₹6.5 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹5.75 L/yr

Sales Executive Salary

(3 salaries)

₹2.05 L/yr - ₹3 L/yr

Deputy Manager Salary

(3 salaries)

₹5.65 L/yr - ₹6.6 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

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

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 Incharge Salary FAQs

What is the salary of Branch Incharge at Muthoot Finance in Hyderabad / Secunderabad?

The average salary of a Branch Incharge at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹2.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Branch Incharge in Hyderabad / Secunderabad at Muthoot Finance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.5 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 8 Muthoot Finance employees in India.

What is the estimated take home salary of a Branch Incharge at Muthoot Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Branch Incharge at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹31,099 to ₹32,397 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 8 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 8 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 in Hyderabad / Secunderabad?

To be a Branch Incharge at Muthoot Finance in Hyderabad / Secunderabad, 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?

Bandhan Bank

₹4.4 Lakhs to ₹6.7 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 Hyderabad / Secunderabad?

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

XpressBees	₹3.0 Lakhs to ₹4.3 Lakhs per year
Sindhu Cargo Services	₹2.0 Lakhs to ₹5.2 Lakhs per year
DTDC Express	₹2.2 Lakhs to ₹4.5 Lakhs per year
Muthoot Fincorp	₹2.0 Lakhs to ₹4.5 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 Hyderabad / Secunderabad?

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

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹2.5 Lakhs to ₹7.7 Lakhs per year
7 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Muthoot Finance Branch Incharge Salaries in Hyderabad / Secunderabad

Muthoot Finance Branch Incharge salary in Hyderabad / Secunderabad ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Muthoot Finance latest salaries received from various employees of Muthoot Finance.