Muthoot Finance Branch Manager Salaries by 40+ Employees (Updated 2025)

2 - 18 years exp.

₹3 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Branch Manager Salary in NBFC Companies for 2 - 18 years of experience

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Last Updated: 9 Apr 2025

Companies similar to Muthoot Finance for Branch Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Branch Manager Salary 2 - 15 years exp. (162 salaries)	₹2.8 L/yr - ₹7.8 L/yr 7% more
Mahindra Rural Housing Finance Branch Manager Salary 3 - 13 years exp. (120 salaries)	₹2 L/yr - ₹8.5 L/yr 5% more	1 job opening
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Muthoot Fincorp Branch Manager Salary 2 - 15 years exp. (115 salaries)	₹2 L/yr - ₹6.4 L/yr 14% less	1 job opening
HDB Financial Services Branch Manager Salary 6 - 18 years exp. (94 salaries)	₹4.6 L/yr - ₹13 L/yr 88% more	12 job openings
Capri Global Capital Branch Manager Salary 4 - 13 years exp. (84 salaries)	₹3 L/yr - ₹7.7 L/yr 2% more	6 job openings
SMFG India Credit Branch Manager Salary 6 - 18 years exp. (75 salaries)	₹4 L/yr - ₹15 L/yr 87% more	5 job openings
Shriram Finance Branch Manager Salary 5 - 14 years exp. (39 salaries)	₹1.9 L/yr - ₹6.6 L/yr 3% less
Poonawalla Fincorp Branch Manager Salary 5 - 16 years exp. (39 salaries)	₹4 L/yr - ₹10 L/yr 28% more
Bajaj Finance Branch Manager Salary 4 - 11 years exp. (34 salaries)	₹4 L/yr - ₹8.2 L/yr 23% more	59 job openings
Tata Capital Housing Finance Branch Manager Salary 5 - 16 years exp. (30 salaries)	₹5.2 L/yr - ₹10.6 L/yr 59% more

View all

Branch Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 47 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Branch Manager in Sales & Business Development department

3d ago

₹6 Lakhs

7 years exp.

3d ago

₹3.8 Lakhs

5 years exp.

1w ago

₹4.3 Lakhs

8 years exp.

2w ago

₹5 Lakhs

6 years exp.

3w ago

₹4 Lakhs

6 years exp.

3w ago

8 years exp.

3w ago

5 years exp.

1mo ago

3 years exp.

1mo ago

14 years exp.

1mo ago

3 years exp.

Experience wise Muthoot Finance Branch Manager salaries in Sales & Business Development department

Last Updated: 9 Apr 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (6 salaries)	₹3 L/yr - ₹6 L/yr
6 years (4 salaries)	₹3.5 L/yr - ₹6 L/yr
7 years (4 salaries)	₹4.6 L/yr - ₹6 L/yr
8 years (5 salaries)	₹4.1 L/yr - ₹5 L/yr
9 years (8 salaries)	₹4 L/yr - ₹7 L/yr
10 years (4 salaries)	₹3 L/yr - ₹9.1 L/yr
11 years (3 salaries)	₹3.5 L/yr - ₹9.3 L/yr
12 years (5 salaries)	₹4.5 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 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

(74 salaries)

₹3 L/yr - ₹7.2 L/yr

Sales Manager Salary

(41 salaries)

₹2 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(101 salaries)

₹2.25 L/yr - ₹6 L/yr

Branch Head Salary

(248 salaries)

₹2.8 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(86 salaries)

₹2.8 L/yr - ₹8.9 L/yr

Chief Manager Salary

(12 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 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

3.6

Rated by 40 employees for salary & benefits

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 Lucknow

Sales & Business Development Department

3.0

• posted on 28 Jul 2020

2.0

for Salary and Benefits

Likes

...tisfying, for beginners it is good but if work for long time will make you dump.Salary will be credited timely but during Covid the Salary is credited uneven and lingering.

Job security - Excellent

+1 more

Dislikes

The youngster is not getting chance for fast promotion and Ovet all Salary Standard is very poor. Talent will be dump if surviving for long.

Salary - Poor

+1 more

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 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Muthoot Finance Branch Manager Salaries by Location

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Muthoot Finance Branch Manager Salaries

Muthoot Finance Branch Manager salary in Sales & Business Development department in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 47 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Branch Manager salaries in Sales & Business Development in India (Updated 2025)

Companies similar to Muthoot Finance for Branch Manager in Sales & Business Development department

Latest annual salaries shared by Muthoot Finance Branch Manager in Sales & Business Development department

Experience wise Muthoot Finance Branch Manager salaries in Sales & Business Development department

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Branch Manager

Salary related reviews for Muthoot Finance

Branch Manager in Bhuj

Branch Manager in Lucknow

Branch Manager in New Delhi

Branch Manager in Bhubaneswar

Branch Manager in Amritsar

Tell us how to improve this page.

Muthoot Finance Branch Manager Salaries by Location