Muthoot Finance Branch Sales Manager Salaries by 4 Employees (Updated 2025)

3 - 7 years exp.

₹3.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

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18% less than the average Branch Sales Manager Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Sales Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹9 L/yr
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Sales & Business Development Branch Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 27 Feb 2025

Companies similar to Muthoot Finance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Branch Sales Manager Salary 2 - 10 years exp. (15 salaries)	Unlock ₹3.3 L/yr - ₹5.8 L/yr 26% less
Shriram Finance Branch Sales Manager Salary 3 - 9 years exp. (16 salaries)	Unlock ₹2.7 L/yr - ₹7.5 L/yr 24% less
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Bajaj Finance Branch Sales Manager Salary 2 - 10 years exp. (129 salaries)	Unlock ₹3 L/yr - ₹7.6 L/yr 2% more
HDFC Bank Branch Sales Manager Salary 2 - 15 years exp. (801 salaries)	Unlock ₹2.3 L/yr - ₹12 L/yr 26% more	3 job openings
ICICI Bank Branch Sales Manager Salary 1 - 14 years exp. (1.1k salaries)	Unlock ₹2.7 L/yr - ₹12 L/yr 32% more
Axis Bank Branch Sales Manager Salary 2 - 15 years exp. (542 salaries)	Unlock ₹3 L/yr - ₹11.1 L/yr 25% more	2 job openings
Kotak Mahindra Bank Branch Sales Manager Salary 3 - 13 years exp. (446 salaries)	Unlock ₹3.3 L/yr - ₹11.3 L/yr 34% more
Tata Capital Branch Sales Manager Salary 2 - 9 years exp. (6 salaries)	Unlock ₹6.8 L/yr - ₹10.2 L/yr 28% more	10 job openings
Aditya Birla Finance Branch Sales Manager Salary 3 - 7 years exp. (10 salaries)	Unlock ₹4 L/yr - ₹8.5 L/yr 8% more
SMFG India Credit Branch Sales Manager Salary 4 - 12 years exp. (331 salaries)	Unlock ₹2.8 L/yr - ₹10 L/yr 12% more
HDB Financial Services Branch Sales Manager Salary 5 - 12 years exp. (176 salaries)	Unlock ₹2.2 L/yr - ₹7.2 L/yr 17% less	5 job openings
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Capri Global Capital Branch Sales Manager Salary 3 - 10 years exp. (162 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 15% less
Poonawalla Fincorp Branch Sales Manager Salary 0 - 13 years exp. (72 salaries)	Unlock ₹4.5 L/yr - ₹10 L/yr 22% more	3 job openings
SK Finance Limited Branch Sales Manager Salary 1 - 6 years exp. (53 salaries)	Unlock ₹1.9 L/yr - ₹4 L/yr 50% less	1 job opening
Aavas Financiers Branch Sales Manager Salary 3 - 10 years exp. (48 salaries)	Unlock ₹3 L/yr - ₹7.9 L/yr 12% less
Tata Capital Housing Finance Branch Sales Manager Salary 5 - 11 years exp. (36 salaries)	Unlock ₹4.2 L/yr - ₹10.1 L/yr 11% more
Muthoot Fincorp Branch Sales Manager Salary 5 - 12 years exp. (16 salaries)	Unlock ₹3.5 L/yr - ₹5.5 L/yr 18% less
IIFL Finance Branch Sales Manager Salary 3 - 8 years exp. (13 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr 20% less
Sammaan Capital Limited Branch Sales Manager Salary 6 - 11 years exp. (13 salaries)	Unlock ₹3.6 L/yr - ₹7.5 L/yr 2% more
PNB Housing Finance Branch Sales Manager Salary 5 - 15 years exp. (7 salaries)	Unlock ₹3.9 L/yr - ₹10 L/yr 25% more

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Branch Sales Manager salary at Muthoot Finance ranges between ₹3.5 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Sales Manager salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹7.1 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹9 L/yr

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Senior Sales Manager Salary

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₹2.5 L/yr - ₹8 L/yr

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Sales Manager Salary

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₹2.5 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

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₹2.5 L/yr - ₹5.25 L/yr

Area Manager Salary

(6 salaries)

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₹3.5 L/yr - ₹8.8 L/yr

Business Manager Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Senior Branch Manager Salary

(12 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr

Branch Head Salary

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₹2.8 L/yr - ₹6.6 L/yr

Top skills at Muthoot Finance for Branch Sales Manager

Team Handling Advertising Gold Loan Branch Handling Team Management Branch Sales Branch Operations

Salary related reviews for Muthoot Finance

5.0

Rated by 1 employees for salary & benefits

Assistant Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bahut kam salary hai and bahut jayada work pressure dete hain bilkul chindi company hai and koi job security nahi hai hamesha dar laga rahta hai job ka and fraud ka agar koi bhi fraud ho jaye to tumhe paise dene padenge.and management bhi sabko chor samajhti hai.badhua mazdoor ki tarah kaam lete hai.raat ko 8 baje tak kaam lete hain subha 1 min bhi late ho jaao to salary kaat lete hain.

Salary - Bad

+6 more

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

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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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 Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Muthoot Finance?

Branch Sales Manager salary at Muthoot Finance in India ranges between ₹3.5 Lakhs to ₹9.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 18% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Branch Sales Manager at Muthoot Finance is 18% less than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.

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

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

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

Sundaram Finance Branch Sales Manager Salary - ₹7.4 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Branch Sales Manager Salary - ₹3.3 Lakhs to ₹11.3 Lakhs per year
ICICI Bank Branch Sales Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
Tata Capital Branch Sales Manager Salary - ₹6.8 Lakhs to ₹10.2 Lakhs per year
HDFC Bank Branch Sales Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year

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

PNB Housing Finance Branch Sales Manager Salary - ₹3.9 Lakhs to ₹10.0 Lakhs per year
Axis Bank Branch Sales Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
Poonawalla Fincorp Branch Sales Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Prime Branch Sales Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
SMFG India Credit Branch Sales Manager Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Branch Sales Manager at Muthoot Finance ranges between ₹42,775 per month to ₹43,899 per month in India. The take-home salary calculation is based on the average Muthoot Finance Branch Sales Manager salary in India which ranges between ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Muthoot Finance Branch Sales Managers reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Sales Manager Salaries

Muthoot Finance Branch Sales Manager salary in India ranges between ₹3.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.