Muthoot Finance Cluster Head Branch Banking Salaries by Employees (Updated 2025)

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₹8.1 Lakhs - ₹10.4 Lakhs

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Last Updated: 27 Sep 2023

Companies similar to Muthoot Finance for Cluster Head Branch Banking

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Head Branch Banking Salary 15 - 20 years exp. (4 salaries)	₹34 L/yr - ₹41 L/yr 298% more
IDFC FIRST Bank Cluster Head Branch Banking Salary 12 - 16 years exp. (14 salaries)	₹10.3 L/yr - ₹27 L/yr 146% more
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Yes Bank Cluster Head Branch Banking Salary 14 - 22 years exp. (9 salaries)	₹17.5 L/yr - ₹27.3 L/yr 146% more
AU Small Finance Bank Cluster Head Branch Banking Salary 10 - 19 years exp. (8 salaries)	₹22 L/yr - ₹32 L/yr 197% more
Bandhan Bank Cluster Head Branch Banking Salary 19 - 21 years exp. (6 salaries)	₹28 L/yr - ₹55 L/yr 344% more

Cluster Head Branch Banking salary at Muthoot Finance ranges between ₹8.1 Lakhs to ₹10.4 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Finance.

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Salary related reviews for Muthoot Finance

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

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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

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.

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

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 .

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.

Dislikes

Salary is not as per expectation compared to other competitors companies.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Finance Cluster Head Branch Banking Salary FAQs

What is the notice period for Cluster Head Branch Banking at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Cluster Head Branch Bankings reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Finance Cluster Head Branch Banking Salaries

Muthoot Finance Cluster Head Branch Banking salary in India ranges between ₹8.1 Lakhs to ₹10.4 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.