Muthoot Finance Deputy Branch Manager Salaries by 3 Employees (Updated 2025)

9 - 11 years exp.

₹6.3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Deputy Branch Manager Salary in NBFC Companies for 9 - 11 years of experience

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Last Updated: 29 Jan 2025

Companies similar to Muthoot Finance for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Deputy Branch Manager Salary 1 - 7 years exp. (8 salaries)	₹3.8 L/yr - ₹4.5 L/yr 38% less
HDFC Bank Deputy Branch Manager Salary 4 - 12 years exp. (224 salaries)	₹3.3 L/yr - ₹9.5 L/yr 5% less
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ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (3k salaries)	₹3.2 L/yr - ₹12 L/yr 19% more
Axis Bank Deputy Branch Manager Salary 1 - 13 years exp. (123 salaries)	₹3 L/yr - ₹9.6 L/yr 6% less
Kotak Mahindra Bank Deputy Branch Manager Salary 4 - 13 years exp. (188 salaries)	₹4.2 L/yr - ₹16 L/yr 58% more
Capri Global Capital Deputy Branch Manager Salary 2 - 10 years exp. (20 salaries)	₹3.4 L/yr - ₹6.1 L/yr 33% less
IIFL Finance Deputy Branch Manager Salary 8 - 12 years exp. (7 salaries)	₹4.5 L/yr - ₹7.1 L/yr 21% less
Muthoot Fincorp Deputy Branch Manager Salary 10 - 14 years exp. (5 salaries)	₹4.1 L/yr - ₹6.3 L/yr 21% less
Mahindra Finance Deputy Branch Manager Salary 4 - 9 years exp. (4 salaries)	₹5.2 L/yr - ₹9.5 L/yr 10% more
Mahindra Rural Housing Finance Deputy Branch Manager Salary 3 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹5.2 L/yr 36% less
HDB Financial Services Deputy Branch Manager Salary 6 - 9 years exp. (3 salaries)	₹6.3 L/yr - ₹7.6 L/yr 6% more
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Sundaram Finance Deputy Branch Manager Salary 7 - 30 years exp. (3 salaries)	₹9 L/yr - ₹13.9 L/yr 86% more

Deputy Branch Manager salary at Muthoot Finance ranges between ₹6.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Deputy Branch Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr

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Salary related reviews for Muthoot Finance

5.0

Rated by 2 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Muthoot Finance Deputy Branch Manager Salary FAQs

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

According to AmbitionBox, 100% of the Muthoot Finance Deputy Branch Managers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Deputy Branch Manager Salaries

Muthoot Finance Deputy Branch Manager salary in India ranges between ₹6.3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.