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

2 - 18 years exp.

₹1.8 Lakh - ₹7.5 Lakhs

Salary of majority employees

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

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 2 - 18 years exp. (195 salaries)	₹1.8 L/yr - ₹7 L/yr
Finance & Accounting Branch Manager Salary 2 - 18 years exp. (123 salaries)	₹2.2 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Branch Manager Salary 2 - 15 years exp. (68 salaries)	₹2.3 L/yr - ₹7.5 L/yr
Sales & Business Development Branch Manager Salary 2 - 18 years exp. (53 salaries)	₹3 L/yr - ₹7 L/yr

Last Updated: 17 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)	₹6.5 L/yr - ₹23 L/yr 201% more	7 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.4 L/yr - ₹23 L/yr 170% more
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Axis Bank Branch Manager Salary 8 - 22 years exp. (325 salaries)	₹6.4 L/yr - ₹25 L/yr 210% more	4 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	₹7 L/yr - ₹26 L/yr 228% more	1 job opening
Bajaj Finance Branch Manager Salary 4 - 13 years exp. (170 salaries)	₹2.9 L/yr - ₹8.9 L/yr 29% more	272 job openings
Aditya Birla Finance Branch Manager Salary 4 - 12 years exp. (13 salaries)	₹5.2 L/yr - ₹8.7 L/yr 42% more
Tata Capital Branch Manager Salary 3 - 10 years exp. (56 salaries)	₹3.3 L/yr - ₹6.4 L/yr 5% less	1 job opening
Sammaan Capital Limited Branch Manager Salary 5 - 15 years exp. (21 salaries)	₹4.3 L/yr - ₹7 L/yr 20% more
L&T Finance Branch Manager Salary 3 - 9 years exp. (217 salaries)	₹2.4 L/yr - ₹6.3 L/yr 7% less
Mahindra Finance Branch Manager Salary 3 - 13 years exp. (167 salaries)	₹1.9 L/yr - ₹9 L/yr 1% more

View all

Branch Manager salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹7.5 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 593 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
2 years (12 salaries)	₹1.8 L/yr - ₹5 L/yr
3 years (30 salaries)	₹3 L/yr - ₹5.3 L/yr
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4 years (31 salaries)	₹1.8 L/yr - ₹5 L/yr
5 years (75 salaries)	₹2.2 L/yr - ₹6.5 L/yr
6 years (62 salaries)	₹2.2 L/yr - ₹6 L/yr
7 years (45 salaries)	₹2.7 L/yr - ₹5.5 L/yr
8 years (57 salaries)	₹2.6 L/yr - ₹7 L/yr
9 years (46 salaries)	₹2.8 L/yr - ₹7 L/yr
10 years (69 salaries)	₹2.4 L/yr - ₹7 L/yr
11 years (46 salaries)	₹3 L/yr - ₹6.5 L/yr
12 years (57 salaries)	₹3 L/yr - ₹7 L/yr
13 years (26 salaries)	₹3.1 L/yr - ₹6.4 L/yr
14 years (15 salaries)	₹4.2 L/yr - ₹7.5 L/yr
15+ years (22 salaries)	₹4 L/yr - ₹7 L/yr

View all

From

Branch Manager

2 - 18 years exp.

Cluster Manager

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)

₹3.5 L/yr - ₹8.8 L/yr

Credit Manager Salary

(73 salaries)

₹3 L/yr - ₹7.2 L/yr

Sales Manager Salary

(45 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(102 salaries)

₹2 L/yr - ₹6.2 L/yr

Branch Head Salary

(121 salaries)

₹2.8 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(87 salaries)

₹2.8 L/yr - ₹8.9 L/yr

Chief Manager Salary

(11 salaries)

₹8.65 L/yr - ₹14.25 L/yr

Branch Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹9 L/yr

Senior Branch Manager Salary

(12 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹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 384 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

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Finance ?

The average salary of a Branch Manager at Muthoot Finance in India typically ranges from ₹1.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 18 years).

The top 10% of Branch Manager at Muthoot Finance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager 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 500+ Muthoot Finance employees in India.

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 in India typically ranges from ₹36,779 to ₹37,992 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 18 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 500+ 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 Manager at Muthoot Finance ?

To be a Branch Manager at Muthoot Finance in india, the key skills required include:

- Gold Loan
- Sales
- Branch Operations
- Branch Management
- Branch Handling

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 Manager in India?

Kotak Mahindra Bank	₹7.0 Lakhs to ₹26.0 Lakhs per year
Axis Bank	₹6.4 Lakhs to ₹25.0 Lakhs per year
HDFC Bank	₹6.5 Lakhs to ₹23.0 Lakhs per year
LIC Housing Finance	₹9.1 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹5.4 Lakhs to ₹23.0 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 Manager in companies similar to Muthoot Finance in India?

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

HDB Financial Services	₹4.4 Lakhs to ₹14.0 Lakhs per year
Sundaram Finance	₹6.0 Lakhs to ₹10.6 Lakhs per year
SMFG India Credit	₹4.0 Lakhs to ₹15.0 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹13.2 Lakhs per year
PNB Housing Finance	₹5.5 Lakhs to ₹13.0 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 Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.3 Lakhs per year
4 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.2 Lakhs to ₹6.5 Lakhs per year

and so on.

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Muthoot Finance Branch Manager Salaries

Muthoot Finance Branch Manager salary in India ranges between ₹1.8 Lakh to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 593 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

Tell us how to improve this page.

Muthoot Finance Branch Manager Salaries by Location