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Muthoot Finance

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3.6

based on 4.9k Reviews

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Muthoot Finance Assistant Branch Manager Salaries in India

based on 183 latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
3 - 16 years exp. (183 salaries)
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₹2 L/yr - ₹7.5 L/yr

1 job opening
2 - 18 years exp. (528 salaries)
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₹1.8 L/yr - ₹7 L/yr

4 job openings
6 - 15 years exp. (240 salaries)
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₹2 L/yr - ₹6.6 L/yr

2 job openings
8 - 20 years exp. (137 salaries)
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₹4.1 L/yr - ₹12 L/yr

1 job opening
0 - 6 years exp. (89 salaries)
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₹1.3 L/yr - ₹4.5 L/yr

4 - 14 years exp. (82 salaries)
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₹3 L/yr - ₹9.6 L/yr

1 - 10 years exp. (39 salaries)
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₹2 L/yr - ₹7 L/yr

5 job openings
0 - 7 years exp. (29 salaries)
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₹2 L/yr - ₹3.5 L/yr

1 - 30 years exp. (23 salaries)
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₹1.8 L/yr - ₹3.4 L/yr

5 - 9 years exp. (20 salaries)
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₹2.8 L/yr - ₹6.3 L/yr

12 - 17 years exp. (11 salaries)
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₹6.6 L/yr - ₹10.5 L/yr

4 - 13 years exp. (6 salaries)
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₹2.5 L/yr - ₹8 L/yr

10 - 18 years exp. (6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr

15 - 20 years exp. (5 salaries)
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₹6 L/yr - ₹8.5 L/yr

1 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

4 - 12 years exp. (4 salaries)
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₹3 L/yr - ₹6 L/yr

3 - 7 years exp. (4 salaries)
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₹3.5 L/yr - ₹9 L/yr

0 - 1 year exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

5 - 10 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.6 L/yr

6 - 12 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7.6 L/yr

6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Last Updated: 18 Jan, 2025

Salary related reviews for Muthoot Finance

2.9

Rated by 65 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 06 Oct 2023

2.0
 for  Salary and Benefits

Likes

Provided best customer service as well as various schemes for customers

Dislikes

Not beneficial for employees very less salary and growth opportunities. Thay don't have any value for there existing and resined employees. Very disappointing.

read more
  • Salary - Poor
    +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 12 May 2021

1.0
 for  Salary and Benefits

Likes

Treating employee as a liability not as an asset of the company. Company policy made in favors of company only, customers and employees are in least place in company's policy.

read more

Dislikes

Training is good, salary is poor, you have to take lots of follow-ups with admin for settlement of any reimbursements/bills, treating employee as a profit earning center (Lots of recovery plan is there in the company). Treatment to branch employees by corporate office is not good.

read more
  • Salary - Bad
    +5 more

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

read more
  • Skill development - Bad
    +5 more

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

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  • 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

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  • Promotions - Poor

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

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  • 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.

read more
  • Job security - Bad
    +3 more
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Muthoot Finance Salary FAQs

How much does Muthoot Finance pay per year?
The average Muthoot Finance salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Finance Intern and ₹11.5 Lakhs to ₹22.5 Lakhs per year for a Regional Credit Manager. Salary estimates are based on 183 Muthoot Finance salaries received from various employees of Muthoot Finance. Muthoot Finance employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in Muthoot Finance?
The highest-paying job at Muthoot Finance is a Regional Credit Manager with a salary of ₹11.5 Lakhs to ₹22.5 Lakhs per year. The top 10% of employees earn more than ₹5 lakhs per year. The top 1% earn more than a whopping ₹15 lakhs per year.
What is the minimum salary in Muthoot Finance?
Minimum salary at Muthoot Finance depends on the role you are applying for. For Customer Care Executive the minimum salary is ₹1 Lakh to ₹4 Lakhs per year, and for Probationary Officer the minimum salary is ₹1.8 Lakh to ₹3.8 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Finance?
The average salary at Muthoot Finance for freshers varies from ₹0.9 Lakh to ₹1.2 Lakh per year for Finance Intern and ₹3.5 Lakhs to ₹4.8 Lakhs per year for Credit Manager.
What is the notice period for Assistant Branch Manager at Muthoot Finance?
According to AmbitionBox, 43% of the Muthoot Finance Assistant Branch Managers reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 133 responses on AmbitionBox in last 2 years.

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Average annual salary for Assistant Branch Manager in Muthoot Finance is INRunlock blur . Salary estimates are based on 183 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

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