Muthoot Finance Hyderabad / Secunderabad Branch Manager 1 Salaries by 5 Employees (Updated 2025)

6 - 11 years exp.

₹4.3 Lakhs - ₹5 Lakhs

Salary of majority employees

19% less than the average Branch Manager 1 Salary in NBFC Companies for 6 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Manager 1 Salary 11 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr
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Sales & Business Development Branch Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5 L/yr

Last Updated: 29 Feb 2024

Companies similar to Muthoot Finance for Branch Manager 1 in Hyderabad / Secunderabad

Muthoot Finance Branch Manager 1 Salary

6 - 11 years exp. (5 salaries)

₹4.3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager 1 Salary 10 - 11 years exp. (3 salaries)	₹8.4 L/yr - ₹11 L/yr 78% more
IIFL Finance Branch Manager 1 Salary 9 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 2% more
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Muthoot Fincorp Branch Manager 1 Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 8% less

Branch Manager 1 salary at Muthoot Finance ranges between ₹4.3 Lakhs to ₹5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Manager 1 salaries in Hyderabad / Secunderabad

Last Updated: 29 Feb 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr
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8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5 L/yr

View all

From

Branch Manager 1

₹

Lakhs/yr

4 - 11 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Branch Manager 1 4 - 11 years exp.

Branch Manager 2 - 18 years exp.

13% hike

Cluster Manager 8 - 20 years exp.

39% 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

Branch Manager Salary

(96 salaries)

₹2.2 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(8 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Branch Head Salary

(6 salaries)

₹4 L/yr - ₹6 L/yr

Sales Manager Salary

(5 salaries)

₹3.5 L/yr - ₹5.75 L/yr

Credit Manager Salary

(3 salaries)

₹3.9 L/yr - ₹5.2 L/yr

Salary related reviews for Muthoot Finance

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

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

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

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Finance Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at Muthoot Finance Hyderabad / Secunderabad?

Branch Manager 1 salary at Muthoot Finance in Hyderabad / Secunderabad ranges between ₹4.3 Lakhs to ₹5.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 19% less than the average Branch Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance Hyderabad / Secunderabad.

How does the salary of a Branch Manager 1 at Muthoot Finance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Branch Manager 1 at Muthoot Finance is 19% less than the average salary of a Branch Manager 1 in Hyderabad / Secunderabad. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Finance to a Branch Manager 1 in Hyderabad / Secunderabad?

ICICI Bank Branch Manager 1 Salary - ₹8.4 Lakhs to ₹11.0 Lakhs per year
IIFL Finance Branch Manager 1 Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Branch Manager 1 in companies similar to Muthoot Finance in Hyderabad / Secunderabad?

Muthoot Fincorp Branch Manager 1 Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Branch Manager 1 at Muthoot Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Branch Manager 1 at Muthoot Finance ranges between ₹35,990 per month to ₹37,215 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Muthoot Finance Branch Manager 1 salary in India which ranges between ₹4.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 1 at Muthoot Finance in Hyderabad / Secunderabad?

According to AmbitionBox, 50% of the Muthoot Finance Branch Manager 1s in Hyderabad / Secunderabad reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Manager 1 Salaries in Hyderabad / Secunderabad

Muthoot Finance Branch Manager 1 salary in Hyderabad / Secunderabad ranges between ₹4.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Branch Manager 1 salaries in Hyderabad / Secunderabad

Companies similar to Muthoot Finance for Branch Manager 1 in Hyderabad / Secunderabad

Latest annual salaries shared by Muthoot Finance Branch Manager 1 in Hyderabad / Secunderabad

Experience wise Muthoot Finance Branch Manager 1 salaries in Hyderabad / Secunderabad

Similar Designation salaries in Muthoot Finance

Salary related reviews for Muthoot Finance

Sales Manager in Kochi

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Branch Incharge in Varanasi

Deputy Manager in Bhubaneswar

Muthoot Finance Branch Manager 1 Salary FAQs

Tell us how to improve this page.