Muthoot Fincorp Mumbai Assistant Branch Manager Salaries by 10+ Employees (Updated 2025)

3 - 8 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Assistant Branch Manager Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 4 - 8 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr
Finance & Accounting Assistant Branch Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Assistant Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Last Updated: 17 Feb 2025

Companies similar to Muthoot Fincorp for Assistant Branch Manager in Mumbai

Muthoot Fincorp Assistant Branch Manager Salary

3 - 8 years exp. (11 salaries)

₹2.1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Branch Manager Salary 3 - 15 years exp. (14 salaries)	₹3.1 L/yr - ₹6.2 L/yr 57% more	1 job opening
IIFL Finance Assistant Branch Manager Salary 3 - 7 years exp. (8 salaries)	₹2.7 L/yr - ₹4.5 L/yr 30% more
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Manappuram Finance Assistant Branch Manager Salary 1 - 5 years exp. (8 salaries)	₹1.6 L/yr - ₹3 L/yr 7% less
ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (58 salaries)	₹3.2 L/yr - ₹7.5 L/yr 60% more
HDFC Bank Assistant Branch Manager Salary 4 - 13 years exp. (20 salaries)	₹3.5 L/yr - ₹11 L/yr 106% more

Assistant Branch Manager salary at Muthoot Fincorp ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Assistant Branch Manager salaries in Mumbai

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (3 salaries)	₹2 L/yr - ₹4 L/yr
8 years (3 salaries)	₹3 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary

(34 salaries)

₹2.05 L/yr - ₹6.35 L/yr

Salary related reviews for Muthoot Fincorp

2.0

Rated by 3 employees for salary & benefits

Assistant Branch Manager in New Delhi

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.

Salary - Bad

+6 more

Assistant Branch Manager in Ernakulam

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.

Assistant Branch Manager in Honnavar

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..

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

Assistant Branch Manager in Haldia

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..

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

Assistant Branch Manager in Halvad

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.

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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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Muthoot Fincorp Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Fincorp in Mumbai?

The average salary of a Assistant Branch Manager at Muthoot Fincorp in Mumbai typically ranges from ₹2.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Assistant Branch Manager in Mumbai at Muthoot Fincorp earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Assistant Branch Manager Salaries at Muthoot Fincorp 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 10+ Muthoot Fincorp employees in India.

What is the estimated take home salary of a Assistant Branch Manager at Muthoot Fincorp in Mumbai?

The estimated take-home salary of a Assistant Branch Manager at Muthoot Fincorp in Mumbai typically ranges from ₹22,263 to ₹23,743 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 10+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for Assistant Branch Manager in India?

HDFC Bank	₹3.5 Lakhs to ₹11.0 Lakhs per year
ICICI Bank	₹3.2 Lakhs to ₹7.5 Lakhs per year
Muthoot Finance	₹3.1 Lakhs to ₹6.2 Lakhs per year
IIFL Finance	₹2.7 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.

What is the salary of a Assistant Branch Manager in companies similar to Muthoot Fincorp in Mumbai?

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

Manappuram Finance

₹1.6 Lakhs to ₹3.0 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 Assistant Branch Manager at Muthoot Fincorp in Mumbai?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Muthoot Fincorp Assistant Branch Manager Salaries in Mumbai

Muthoot Fincorp Assistant Branch Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.