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4.5

based on 6.7k Reviews

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Muthoot Fincorp Branch Business Manager salaries in India

Annual salary range
4 - 11 years exp.
₹3.5 Lakhs - ₹8.6 Lakhs
Salary of majority employees
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8% less than the average Branch Business Manager Salary in NBFC Companies for 4 - 11 years of experience

Interested in this particular role? 43 job openings

Salaries in different departments

Sales & Business Development
Branch Business Manager Salary
5 - 11 years exp. (17 salaries)
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₹4.2 L/yr - ₹8.6 L/yr

Finance & Accounting
Branch Business Manager Salary
5 - 9 years exp. (5 salaries)
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₹3.5 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Branch Business Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.9 L/yr

Last Updated: 12 Jan 2025

Companies similar to Muthoot Fincorp for Branch Business Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹5.9 L/yr - ₹6.3 L/yr

arrow icon 6% more
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₹3 L/yr - ₹9.9 L/yr

arrow icon 13% more
1 job opening
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₹3.3 L/yr - ₹6 L/yr

arrow icon 20% less
1 job opening
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₹14.6 L/yr - ₹20.1 L/yr

arrow icon 220% more
Logo
ICICI Bank Branch Business Manager Salary

0 - 10 years exp. (141 salaries)

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₹2.5 L/yr - ₹8.9 L/yr

arrow icon 14% less
Branch Business Manager salary at Muthoot Fincorp ranges between ₹3.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Business Manager

6d ago
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9 years exp.
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11 years exp.
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9 years exp.
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5 years exp.
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9 years exp.
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6 years exp.
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5 years exp.
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6 years exp.
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5 years exp.
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8 years exp.

Experience wise Muthoot Fincorp Branch Business Manager salaries

Last Updated: 12 Jan 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹4.2 L/yr - ₹5.7 L/yr
5 years  (3 salaries)

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₹3.5 L/yr - ₹9.6 L/yr
6 years  (6 salaries)

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₹5 L/yr - ₹8 L/yr
7 years  (3 salaries)

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₹5 L/yr - ₹6.3 L/yr
8 years  (4 salaries)

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₹5.2 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

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₹3.23 L/yr - ₹5.5 L/yr
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₹3.5 L/yr - ₹8 L/yr
Branch Manager Salary
(621 salaries)
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₹1.25 L/yr - ₹7 L/yr
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₹5 L/yr - ₹9.3 L/yr
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₹3 L/yr - ₹7 L/yr
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₹3.55 L/yr - ₹7.4 L/yr
Cluster Manager Salary
(10 salaries)
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₹5.2 L/yr - ₹10.5 L/yr
Sales Manager Salary
(60 salaries)
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₹3 L/yr - ₹6.8 L/yr
Area Manager Salary
(213 salaries)
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₹3.2 L/yr - ₹10.1 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Top skills at Muthoot Fincorp for Branch Business Manager

Business Development Secured Loan Loan against Property Loan Processing Branch Operations Mortgage Loans Laptop Business Management Branch Management Home Loans Team Management Foreign Exchange Money Transfer Forex Operations VMware Server

Salary related reviews for Muthoot Fincorp

4.6

Rated by 16 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Dec 2024

3.0
 for  Salary and Benefits

Likes

Working time is very comfortable... We can learn new things in every day.. We may be work in local...

Dislikes

Other then CASA we are doing all banking product (nearby 23 products )but we get very low salary... Many of days Office system very hang... Need change the all old system....

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

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.

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Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 07 Nov 2024

5.0
 for  Salary and Benefits

Likes

Good working culture and job security and good learning facilities available in organisation and good increament policy.

read more

Dislikes

Not promoting old employee and hiring out side person and giving him high salary also.

read more
see more salary related reviews

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Muthoot Fincorp Branch Business Manager Salary FAQs

What is the salary of Branch Business Manager at Muthoot Fincorp?
Branch Business Manager salary at Muthoot Fincorp in India ranges between ₹3.5 Lakhs to ₹8.6 Lakhs for experience between 4 years to 11 years. According to our estimates it is 8% less than the average Branch Business Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Branch Business Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Branch Business Manager at Muthoot Fincorp is 8% less than the average salary of a Branch Business Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Business Manager at Muthoot Fincorp?
Business Development, Secured Loan, Loan against Property, Loan Processing and Branch Operations are some of the popular skills required to work as a Branch Business Manager at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a Branch Business Manager in India?
  • PNB Housing Finance Branch Business Manager Salary - ₹14.6 Lakhs to ₹20.1 Lakhs per year
  • Cholamandalam Investment & Finance Branch Business Manager Salary - ₹3.0 Lakhs to ₹9.9 Lakhs per year
  • Shriram Finance Branch Business Manager Salary - ₹5.9 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Branch Business Manager in companies similar to Muthoot Fincorp in India?
  • ICICI Bank Branch Business Manager Salary - ₹2.5 Lakhs to ₹8.9 Lakhs per year
  • Capri Global Capital Branch Business Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Branch Business Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Branch Business Manager at Muthoot Fincorp ranges between ₹43,950 per month to ₹45,056 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Branch Business Manager salary in India which ranges between ₹3.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Branch Business Manager at Muthoot Fincorp?
According to AmbitionBox, 84% of the Muthoot Fincorp Branch Business Managers reported a notice period of 3 Months, 10% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Branch Business Manager salary in India ranges between ₹3.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.