Muthoot Finance Bangalore / Bengaluru Branch Manager Salaries by 80+ Employees (Updated 2025)

2 - 16 years exp.

₹2.2 Lakhs - ₹7 Lakhs

Salary of majority employees

53% less than the average Branch Manager Salary in NBFC Companies for 2 - 16 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 3 - 13 years exp. (24 salaries)	₹2.8 L/yr - ₹6.4 L/yr
Finance & Accounting Branch Manager Salary 2 - 12 years exp. (20 salaries)	₹2.5 L/yr - ₹5.6 L/yr
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Sales & Business Development Branch Manager Salary 3 - 16 years exp. (16 salaries)	₹3 L/yr - ₹7 L/yr
Customer Success, Service & Operations Branch Manager Salary 6 - 10 years exp. (3 salaries)	₹3.6 L/yr - ₹7 L/yr

Last Updated: 17 Mar 2025

Companies similar to Muthoot Finance for Branch Manager in Bangalore / Bengaluru

Muthoot Finance Branch Manager Salary

2 - 16 years exp. (85 salaries)

₹2.2 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Branch Manager Salary 2 - 15 years exp. (75 salaries)	₹1.8 L/yr - ₹6 L/yr 12% less	1 job opening
IIFL Finance Branch Manager Salary 3 - 16 years exp. (66 salaries)	₹3 L/yr - ₹8 L/yr 9% more	3 job openings
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HDB Financial Services Branch Manager Salary 7 - 18 years exp. (39 salaries)	₹6 L/yr - ₹12.5 L/yr 99% more	11 job openings
Manappuram Finance Branch Manager Salary 1 - 8 years exp. (34 salaries)	₹2.1 L/yr - ₹5.8 L/yr 21% less
Spandana Sphoorty Financial Branch Manager Salary 2 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹5.4 L/yr 12% less
Bharat Financial Inclusion Branch Manager Salary 4 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr 30% less
TVS Credit Branch Manager Salary 4 - 16 years exp. (5 salaries)	₹6.6 L/yr - ₹13.2 L/yr 79% more
Bajaj Finance Branch Manager Salary 4 - 6 years exp. (5 salaries)	₹4 L/yr - ₹8 L/yr 33% more	273 job openings

Branch Manager salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 85 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.2 L/yr - ₹7.4 L/yr
3 years (6 salaries)	₹3.8 L/yr - ₹5.2 L/yr
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4 years (6 salaries)	₹3.3 L/yr - ₹5 L/yr
5 years (15 salaries)	₹2.8 L/yr - ₹5.5 L/yr
6 years (11 salaries)	₹3.2 L/yr - ₹5.2 L/yr
7 years (6 salaries)	₹3.1 L/yr - ₹5 L/yr
8 years (11 salaries)	₹3.5 L/yr - ₹5.5 L/yr
9 years (6 salaries)	₹4 L/yr - ₹5.6 L/yr
10 years (10 salaries)	₹3 L/yr - ₹7 L/yr
11 years (3 salaries)	₹3.5 L/yr - ₹9.1 L/yr
12 years (4 salaries)	₹3.5 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 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

Credit Manager Salary

(21 salaries)

₹3 L/yr - ₹6 L/yr

Branch Incharge Salary

(17 salaries)

₹3 L/yr - ₹5.2 L/yr

Deputy Manager Salary

(5 salaries)

₹5 L/yr - ₹6.2 L/yr

Sales Manager Salary

(3 salaries)

₹3.85 L/yr - ₹5.25 L/yr

Top skills at Muthoot Finance for Branch Manager

Gold Loan Sales Branch Management Gold Loan Branch Operations Branch Handling Branch Operations Team Handling Business Development Banking Salesforce Marketing NBFC Relationship Building Private Banking

Salary related reviews for Muthoot Finance

3.7

Rated by 9 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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Finance in Bangalore / Bengaluru?

The average salary of a Branch Manager at Muthoot Finance in Bangalore / Bengaluru typically ranges from ₹2.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Branch Manager in Bangalore / Bengaluru 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 80+ Muthoot Finance employees in India.

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

The estimated take-home salary of a Branch Manager at Muthoot Finance in Bangalore / Bengaluru typically ranges from ₹37,210 to ₹38,417 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 16 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 80+ 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 in Bangalore / Bengaluru?

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

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

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?

HDB Financial Services	₹6.0 Lakhs to ₹12.5 Lakhs per year
TVS Credit	₹6.6 Lakhs to ₹13.2 Lakhs per year
Bajaj Finance	₹4.0 Lakhs to ₹8.0 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹8.0 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 Bangalore / Bengaluru?

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

Muthoot Fincorp	₹1.8 Lakhs to ₹6.0 Lakhs per year
Spandana Sphoorty Financial	₹2.7 Lakhs to ₹5.4 Lakhs per year
Manappuram Finance	₹2.1 Lakhs to ₹5.8 Lakhs per year
Bharat Financial Inclusion	₹2.4 Lakhs to ₹4.2 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 Bangalore / Bengaluru?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹7.4 Lakhs per year
3 years	₹3.8 Lakhs to ₹5.2 Lakhs per year
4 years	₹3.3 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.8 Lakhs to ₹5.5 Lakhs per year

and so on.

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Muthoot Finance Branch Manager Salaries in Bangalore / Bengaluru

Muthoot Finance Branch Manager salary in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 85 Muthoot Finance latest salaries received from various employees of Muthoot Finance.