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

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)	₹4.3 L/yr - ₹9 L/yr
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Sales & Business Development Branch Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹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
SMFG India Credit Branch Sales Manager Salary 4 - 12 years exp. (203 salaries)	₹2.8 L/yr - ₹10 L/yr 21% more	1 job opening
HDB Financial Services Branch Sales Manager Salary 5 - 12 years exp. (171 salaries)	₹2.2 L/yr - ₹7.2 L/yr 16% less	2 job openings
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Capri Global Capital Branch Sales Manager Salary 3 - 10 years exp. (162 salaries)	₹3 L/yr - ₹6.5 L/yr 15% less
Bajaj Finance Branch Sales Manager Salary 2 - 10 years exp. (130 salaries)	₹3 L/yr - ₹7.6 L/yr 3% more
Poonawalla Fincorp Branch Sales Manager Salary 0 - 13 years exp. (75 salaries)	₹4 L/yr - ₹9.6 L/yr 20% more	2 job openings
SK Finance Limited Branch Sales Manager Salary 1 - 8 years exp. (66 salaries)	₹1.9 L/yr - ₹4.5 L/yr 48% less	1 job opening
Aavas Financiers Branch Sales Manager Salary 3 - 10 years exp. (48 salaries)	₹3 L/yr - ₹7.9 L/yr 10% less
Tata Capital Housing Finance Branch Sales Manager Salary 5 - 11 years exp. (34 salaries)	₹4.2 L/yr - ₹9.5 L/yr 11% more
Ess Kay Fincorp Branch Sales Manager Salary 1 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹3.8 L/yr 55% less
Muthoot Fincorp Branch Sales Manager Salary 5 - 12 years exp. (16 salaries)	₹3.5 L/yr - ₹5.5 L/yr 15% less
Shriram Finance Branch Sales Manager Salary 3 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹7.5 L/yr 23% less
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IIFL Finance Branch Sales Manager Salary 2 - 8 years exp. (14 salaries)	₹3.5 L/yr - ₹5.5 L/yr 20% less
Manappuram Finance Branch Sales Manager Salary 2 - 9 years exp. (14 salaries)	₹3.3 L/yr - ₹5 L/yr 29% less
Sammaan Capital Limited Branch Sales Manager Salary 6 - 11 years exp. (13 salaries)	₹3.6 L/yr - ₹7.5 L/yr 2% more
PNB Housing Finance Branch Sales Manager Salary 5 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 25% more
Mahindra Rural Housing Finance Branch Sales Manager Salary 6 - 10 years exp. (6 salaries)	₹3.7 L/yr - ₹5.7 L/yr 25% less
Mahindra Finance Branch Sales Manager Salary 4 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹6.5 L/yr 14% less
Bharat Financial Inclusion Branch Sales Manager Salary 1 - 8 years exp. (4 salaries)	₹1.1 L/yr - ₹4.8 L/yr 40% less
Five-Star Business Finance Branch Sales Manager Salary 3 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 13% less
L&T Finance Branch Sales Manager Salary 2 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹6.2 L/yr 25% less

View all

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

Similar Designation salaries in Muthoot Finance

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Branch Manager Salary

(584 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Sales Manager Salary

(50 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Branch Manager Salary

(12 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Branch Head Salary

(121 salaries)

₹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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Muthoot Finance Branch Sales Manager Salary FAQs

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

The average salary of a Branch Sales Manager at Muthoot Finance in India typically ranges from ₹3.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Branch Sales Manager at Muthoot Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Branch Sales 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 4 Muthoot Finance employees in India.

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 in India typically ranges from ₹42,775 to ₹43,899 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 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 Sales Manager at Muthoot Finance ?

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

- Team Handling
- Advertising
- Gold Loan
- Branch Handling
- Team Management

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 Sales Manager in India?

Sundaram Finance	₹7.4 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance	₹3.9 Lakhs to ₹10.0 Lakhs per year
SMFG India Credit	₹2.8 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp	₹4.0 Lakhs to ₹9.6 Lakhs per year
Kotak Mahindra Prime	₹4.5 Lakhs to ₹7.8 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 Sales Manager in companies similar to Muthoot Finance in India?

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

Tata Capital Housing Finance	₹4.2 Lakhs to ₹9.5 Lakhs per year
Bajaj Finance	₹3.0 Lakhs to ₹7.6 Lakhs per year
Sammaan Capital Limited	₹3.6 Lakhs to ₹7.5 Lakhs per year
Aavas Financiers	₹3.0 Lakhs to ₹7.9 Lakhs per year
Five-Star Business Finance	₹4.5 Lakhs to ₹5.5 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 Sales Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
3 years	₹1.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.5 Lakhs to ₹7.1 Lakhs per year
5 years	₹4.8 Lakhs to ₹9.8 Lakhs per year
6 years	₹6.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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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.