Muthoot Finance Branch Manager Salaries by 500+ Employees (Updated 2025)

2 - 18 years exp.

₹1.8 Lakh - ₹7 Lakhs

Salary of majority employees

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47% less than the average Branch Manager Salary in NBFC Companies for 2 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 2 - 18 years exp. (180 salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr
Finance & Accounting Branch Manager Salary 2 - 18 years exp. (119 salaries)	Unlock ₹2.2 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Branch Manager Salary 2 - 15 years exp. (65 salaries)	Unlock ₹2.3 L/yr - ₹7 L/yr
Sales & Business Development Branch Manager Salary 2 - 18 years exp. (52 salaries)	Unlock ₹3 L/yr - ₹7 L/yr

Last Updated: 5 Mar 2025

Companies similar to Muthoot Finance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	Unlock ₹6.5 L/yr - ₹23 L/yr 200% more	5 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	Unlock ₹5.4 L/yr - ₹23 L/yr 169% more
Login to view exact salary
Axis Bank Branch Manager Salary 8 - 22 years exp. (323 salaries)	Unlock ₹6.2 L/yr - ₹23 L/yr 209% more	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	Unlock ₹7 L/yr - ₹25.6 L/yr 225% more	1 job opening
Bajaj Finance Branch Manager Salary 4 - 13 years exp. (162 salaries)	Unlock ₹2.9 L/yr - ₹8.9 L/yr 30% more	106 job openings
Aditya Birla Finance Branch Manager Salary 4 - 13 years exp. (14 salaries)	Unlock ₹3.7 L/yr - ₹8.7 L/yr 34% more
Tata Capital Branch Manager Salary 3 - 10 years exp. (57 salaries)	Unlock ₹3.3 L/yr - ₹7.9 L/yr 4% less	3 job openings
Sammaan Capital Limited Branch Manager Salary 5 - 15 years exp. (21 salaries)	Unlock ₹4.3 L/yr - ₹7 L/yr 20% more
L&T Finance Branch Manager Salary 3 - 9 years exp. (220 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 8% less
Mahindra Finance Branch Manager Salary 3 - 14 years exp. (163 salaries)	Unlock ₹2.1 L/yr - ₹9.1 L/yr 7% more

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Branch Manager salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹7 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 562 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Branch Manager

2d ago

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3 years exp.

4d ago

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8 years exp.

5d ago

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12 years exp.

5d ago

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9 years exp.

1w ago

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12 years exp.

1w ago

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11 years exp.

1w ago

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8 years exp.

2w ago

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12 years exp.

2w ago

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12 years exp.

2w ago

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5 years exp.

Experience wise Muthoot Finance Branch Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
2 years (10 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
3 years (29 salaries)	Unlock ₹2.9 L/yr - ₹5.3 L/yr
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4 years (31 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
5 years (74 salaries)	Unlock ₹2.2 L/yr - ₹6.5 L/yr
6 years (59 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr
7 years (44 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr
8 years (56 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr
9 years (45 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr
10 years (63 salaries)	Unlock ₹2.4 L/yr - ₹7 L/yr
11 years (41 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr
12 years (54 salaries)	Unlock ₹3.2 L/yr - ₹7 L/yr
13 years (23 salaries)	Unlock ₹3.1 L/yr - ₹6.4 L/yr
14 years (12 salaries)	Unlock ₹4.2 L/yr - ₹7 L/yr
15+ years (21 salaries)	Unlock ₹4 L/yr - ₹7 L/yr

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From

Branch Manager

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2 - 18 years exp.

Cluster Manager

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₹

Lakhs/yr

8 - 20 years exp.

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

Area Manager Salary

(6 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

Credit Manager Salary

(73 salaries)

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₹3 L/yr - ₹7.2 L/yr

Sales Manager Salary

(42 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(101 salaries)

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₹2.25 L/yr - ₹6.2 L/yr

Branch Head Salary

(122 salaries)

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₹2.8 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(83 salaries)

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₹2.8 L/yr - ₹7.5 L/yr

Chief Manager Salary

(11 salaries)

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₹8.65 L/yr - ₹14.25 L/yr

Branch Sales Manager Salary

(4 salaries)

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₹3.5 L/yr - ₹9 L/yr

Senior Branch Manager Salary

(12 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

Deputy Branch Manager Salary

(3 salaries)

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₹6.2 L/yr - ₹6.5 L/yr

Top skills at Muthoot Finance for Branch Manager

Gold Loan Sales Branch Operations Branch Management Branch Handling Banking Business Development Team Handling Marketing Finance Customer Service Relationship Building Operations NBFC Management

Salary related reviews for Muthoot Finance

3.6

Rated by 383 employees for salary & benefits

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 Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Salary - Bad

+6 more

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

Branch Manager in Amritsar

Other Department

4.0

• posted on 05 May 2022

4.0

for Salary and Benefits

Likes

Good environment for female staff, transfer staff within 25km,salary hike every year , free health insurance for staff and family, transparent policies ,

Salary - Good

+5 more

Dislikes

Long hours timing which creates difficulty to manage personal life, staff have to visit to on Sunday and holidays which is not much beneficial for company but disturb staff's personal routine for holidays

Branch Manager in Bhucho

Full Time

Finance & Accounting Department

2.0

• posted on 08 May 2021

2.0

for Salary and Benefits

Likes

Just job secure parameter is the option other not very good much in workplace

Job security - Excellent

Dislikes

I don't like working because company is not thinks about employee life and perks.give very low salary as per competitors work timing is 9 hours I think it is not good

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Finance?

Branch Manager salary at Muthoot Finance in India ranges between ₹1.8 Lakhs to ₹7.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 47% less than the average Branch Manager Salary in India. Salary estimates are based on 562 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Branch Manager at Muthoot Finance is 47% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Muthoot Finance?

Gold Loan, Sales, Branch Operations, Branch Management and Branch Handling are some of the popular skills required to work as a Branch Manager at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Branch Manager in India?

Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
LIC Housing Finance Branch Manager Salary - ₹9.1 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to Muthoot Finance in India?

PNB Housing Finance Branch Manager Salary - ₹5.5 Lakhs to ₹15.4 Lakhs per year
HDB Financial Services Branch Manager Salary - ₹4.4 Lakhs to ₹13.2 Lakhs per year
Sundaram Finance Branch Manager Salary - ₹6.0 Lakhs to ₹10.6 Lakhs per year
TVS Credit Branch Manager Salary - ₹7.0 Lakhs to ₹13.2 Lakhs per year
Tata Capital Housing Finance Branch Manager Salary - ₹5.2 Lakhs to ₹10.9 Lakhs per year

What is the estimated take home salary of a Branch Manager at Muthoot Finance in India?

The estimated take-home salary of a Branch Manager at Muthoot Finance ranges between ₹36,857 per month to ₹38,069 per month in India. The take-home salary calculation is based on the average Muthoot Finance Branch Manager salary in India which ranges between ₹1.8 Lakhs to ₹7.0 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Muthoot Finance?

According to AmbitionBox, 42% of the Muthoot Finance Branch Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 837 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Manager Salaries

Muthoot Finance Branch Manager salary in India ranges between ₹1.8 Lakh to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 562 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Branch Manager salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Branch Manager

Latest annual salaries shared by Muthoot Finance Branch Manager

Experience wise Muthoot Finance Branch Manager salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Branch Manager

Salary related reviews for Muthoot Finance

Branch Manager in New Delhi

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

Branch Manager in Amritsar

Branch Manager in Bhucho

Muthoot Finance Branch Manager Salary FAQs

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