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4.5

based on 6.8k Reviews

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Muthoot Fincorp Assistant Branch Manager salaries in India

Annual salary range
4 - 9 years exp.
₹1.8 Lakh - ₹4.8 Lakhs
Salary of majority employees
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38% less than the average Assistant Branch Manager Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Branch Manager Salary
4 - 8 years exp. (33 salaries)
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₹1.9 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Assistant Branch Manager Salary
4 - 9 years exp. (30 salaries)
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₹2 L/yr - ₹4.8 L/yr

BFSI, Investments & Trading
Assistant Branch Manager Salary
4 - 7 years exp. (20 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Sales & Business Development
Assistant Branch Manager Salary
4 - 9 years exp. (11 salaries)
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₹2.2 L/yr - ₹4 L/yr

Last Updated: 12 Jan 2025

Companies similar to Muthoot Fincorp for Assistant Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Branch Manager Salary

3 - 14 years exp. (202 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 93% more
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ICICI Bank Assistant Branch Manager Salary

0 - 10 years exp. (205 salaries)

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₹2.5 L/yr - ₹8.2 L/yr

arrow icon 64% more
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Axis Bank Assistant Branch Manager Salary

1 - 9 years exp. (41 salaries)

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₹2.2 L/yr - ₹7 L/yr

arrow icon 39% more
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Bajaj Finserv Assistant Branch Manager Salary

1 - 6 years exp. (82 salaries)

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₹2.4 L/yr - ₹5.6 L/yr

arrow icon 24% more
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₹2.4 L/yr - ₹5.3 L/yr

arrow icon 13% more
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Muthoot Finance Assistant Branch Manager Salary

3 - 16 years exp. (183 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 55% more
1 job opening
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Shriram Finance Assistant Branch Manager Salary

2 - 11 years exp. (143 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 8% more
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₹1.1 L/yr - ₹4 L/yr

arrow icon 21% less
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₹2.4 L/yr - ₹6 L/yr

arrow icon 27% more
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₹1.9 L/yr - ₹4.4 L/yr

arrow icon 1% more
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IIFL Finance Assistant Branch Manager Salary

2 - 9 years exp. (107 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 29% more
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₹2.4 L/yr - ₹5.3 L/yr

arrow icon 32% more
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₹2.5 L/yr - ₹5.6 L/yr

arrow icon 44% more
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 9% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 8% less
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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 14% less
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L&T Finance Assistant Branch Manager Salary

1 - 6 years exp. (20 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 18% less
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₹2.1 L/yr - ₹4 L/yr

arrow icon 6% less
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 48% more
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 39% more
View all
Assistant Branch Manager salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹4.8 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 130 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Assistant Branch Manager

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4 years exp.
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8 years exp.

Experience wise Muthoot Fincorp Assistant Branch Manager salaries

Last Updated: 12 Jan 2025

Experience Avg Annual Salary
4 years  (39 salaries)

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₹1.8 L/yr - ₹4 L/yr
5 years  (35 salaries)

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₹1.9 L/yr - ₹4.8 L/yr
6 years  (22 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
7 years  (14 salaries)

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₹2 L/yr - ₹4.5 L/yr
8 years  (17 salaries)

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₹2.2 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Muthoot Fincorp

Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹3 L/yr - ₹7 L/yr
Branch Manager Salary
(729 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
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₹5 L/yr - ₹9.3 L/yr
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₹3.55 L/yr - ₹7.4 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹22.4 L/yr - ₹28.6 L/yr
Cluster Manager Salary
(11 salaries)
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₹5 L/yr - ₹10.5 L/yr
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₹3.5 L/yr - ₹8 L/yr
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₹3.23 L/yr - ₹5.5 L/yr
Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr

Salary related reviews for Muthoot Fincorp

3.9

Rated by 137 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Nov 2024

1.0
 for  Salary and Benefits

Likes

Jo ye km salary provide krte h wo on time dete h bs..

Dislikes

No promotion on time, no salary hike on time, no appreciations, too much work pressure, no understanding in company management, incentive plan is too much dum.

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work timing is comfortable....Getting salary on time.....

  • Salary - Good
    +4 more

Dislikes

... work environment with attitude issue and mental harassment by higher officials. Only new joiners can demand high packages and experienced staffs having a low salary package.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Oct 2021

3.0
 for  Salary and Benefits

Likes

Company as good benifit policy and working culture. Salary satisfaction is not good for particular designation..

read more
  • Skill development - Excellent
    +4 more

Dislikes

No proper appraisal system and salary structure. One who work less given more salary as compared to one who work more and do more business

read more

BFSI, Investments & Trading Department

2.0
  •  posted on 12 May 2021

1.0
 for  Salary and Benefits

Likes

Work culture is good but management and team operating process is very bad.Salary scale,salary hike ere very disappointed..

read more
  • Skill development - Good
    +2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is very low but career growth is slow.

  • Salary - Bad
    +1 more

Other Department

1.0
  •  posted on 28 Jun 2020

1.0
 for  Salary and Benefits

Likes

i have very bad experience with this company,i have resigned from this company but i have still not received my reliving letter and my seniors are not answer me properly.

read more

Dislikes

there is no salary and growth in this company.i will not recommend other employees to work with muthoot fincorp ltd.

  • Salary - Bad
    +6 more
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Muthoot Fincorp Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Fincorp?
Assistant Branch Manager salary at Muthoot Fincorp in India ranges between ₹1.8 Lakhs to ₹4.8 Lakhs for experience between 4 years to 9 years. According to our estimates it is 38% less than the average Assistant Branch Manager Salary in India. Salary estimates are based on 130 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Assistant Branch Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Assistant Branch Manager at Muthoot Fincorp is 38% less than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Assistant Branch Manager in India?
  • HDFC Bank Assistant Branch Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
  • Sundaram Finance Assistant Branch Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • ICICI Bank Assistant Branch Manager Salary - ₹2.5 Lakhs to ₹8.2 Lakhs per year
  • Muthoot Finance Assistant Branch Manager Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year
  • Edelweiss Assistant Branch Manager Salary - ₹3.8 Lakhs to ₹5.4 Lakhs per year
What is the salary of a Assistant Branch Manager in companies similar to Muthoot Fincorp in India?
  • Aavas Financiers Assistant Branch Manager Salary - ₹3.2 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Finance Assistant Branch Manager Salary - ₹2.5 Lakhs to ₹5.6 Lakhs per year
  • Cholamandalam Investment & Finance Assistant Branch Manager Salary - ₹2.7 Lakhs to ₹5.5 Lakhs per year
  • Axis Bank Assistant Branch Manager Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
  • Poonawalla Fincorp Assistant Branch Manager Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Assistant Branch Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Assistant Branch Manager at Muthoot Fincorp ranges between ₹22,445 per month to ₹23,922 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Assistant Branch Manager salary in India which ranges between ₹1.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Assistant Branch Manager at Muthoot Fincorp?
According to AmbitionBox, 62% of the Muthoot Fincorp Assistant Branch Managers reported a notice period of 3 Months, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 204 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Assistant Branch Manager salary in India ranges between ₹1.8 Lakh to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 130 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.