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Muthoot Fincorp Branch Incharge salaries in India (Updated 2025)

Annual salary range
2 - 11 years exp.
₹1.1 Lakh - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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35% less than the average Branch Incharge Salary in NBFC Companies for 2 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Branch Incharge Salary
2 - 11 years exp. (42 salaries)
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₹1.1 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Branch Incharge Salary
2 - 8 years exp. (38 salaries)
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₹1.2 L/yr - ₹3.3 L/yr

Finance & Accounting
Branch Incharge Salary
2 - 8 years exp. (27 salaries)
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₹1.5 L/yr - ₹3.2 L/yr

Sales & Business Development
Branch Incharge Salary
3 - 8 years exp. (18 salaries)
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₹1.3 L/yr - ₹4.5 L/yr

Last Updated: 11 Mar 2025

Companies similar to Muthoot Fincorp for Branch Incharge

Company name Avg Annual Salary Open Jobs
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Muthoot Finance Branch Incharge Salary

2 - 11 years exp. (102 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 52% more
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IIFL Finance Branch Incharge Salary

2 - 8 years exp. (51 salaries)

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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 41% more
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Shriram Finance Branch Incharge Salary

3 - 11 years exp. (14 salaries)

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₹2 L/yr - ₹3.9 L/yr

arrow icon 23% more
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SMFG India Credit Branch Incharge Salary

0 - 9 years exp. (13 salaries)

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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 50% more
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SK Finance Limited Branch Incharge Salary

7 - 10 years exp. (10 salaries)

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₹3.1 L/yr - ₹4.7 L/yr

arrow icon 51% more
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Sammaan Capital Limited Branch Incharge Salary

1 - 16 years exp. (10 salaries)

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₹6 L/yr - ₹9.4 L/yr

arrow icon 176% more
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Ess Kay Fincorp Branch Incharge Salary

4 - 9 years exp. (9 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 17% more
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₹5 L/yr - ₹15 L/yr

arrow icon 255% more
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CreditAccess Grameen Branch Incharge Salary

2 - 3 years exp. (7 salaries)

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₹1.6 L/yr - ₹2.5 L/yr

arrow icon 30% less
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PNB Housing Finance Branch Incharge Salary

1 - 5 years exp. (5 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 71% more
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L&T Finance Branch Incharge Salary

1 - 8 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 16% less
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Manappuram Finance Branch Incharge Salary

2 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 13% less
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Sundaram Finance Branch Incharge Salary

7 - 18 years exp. (4 salaries)

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₹6.1 L/yr - ₹9.8 L/yr

arrow icon 178% more
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Mahindra Finance Branch Incharge Salary

5 - 12 years exp. (3 salaries)

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₹2.5 L/yr - ₹14 L/yr

arrow icon 136% more
Branch Incharge salary at Muthoot Fincorp ranges between ₹1.1 Lakh to ₹4.5 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 190 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Incharge

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Experience wise Muthoot Fincorp Branch Incharge salaries

Last Updated: 11 Mar 2025

Experience Avg Annual Salary
2 years  (13 salaries)

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₹1.1 L/yr - ₹2.5 L/yr
3 years  (37 salaries)

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₹1.2 L/yr - ₹3.1 L/yr
4 years  (45 salaries)

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₹1.2 L/yr - ₹3.3 L/yr
5 years  (39 salaries)

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₹1.9 L/yr - ₹3.9 L/yr
6 years  (18 salaries)

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₹2 L/yr - ₹4.5 L/yr
View all
Muthoot Fincorp Branch Incharge Salary and Career Growth

From

To

Branch Incharge

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2 - 11 years exp.

Senior Area Manager

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11 - 19 years exp.

Branch Incharge

2 - 11 years exp.
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Branch Manager

2 - 16 years exp.
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arrow icon 56% hike

Senior Branch Manager

6 - 18 years exp.
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arrow icon 31% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(741 salaries)
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₹1.8 L/yr - ₹6.65 L/yr
Branch Head Salary
(16 salaries)
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₹2 L/yr - ₹7.5 L/yr
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₹3.5 L/yr - ₹5.5 L/yr
Area Manager Salary
(196 salaries)
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₹3.2 L/yr - ₹12 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Sales Executive Salary
(113 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr
Team Lead Salary
(5 salaries)
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₹2.2 L/yr - ₹3.34 L/yr
Deputy Manager Salary
(68 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
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₹3.5 L/yr - ₹8 L/yr

Salary related reviews for Muthoot Fincorp

3.7

Rated by 123 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

3.0
 for  Salary and Benefits

Likes

Good for timing Male and Female staff. Salary Incentive and Bonus credited on time.

read more
  • Work-life balance - Good

Dislikes

Some 10 years Experienced staff not Alloted shares, Need extra Benifit Rewards for Working long term Employees.. Leave will not get Easily for staff.. Like staffing Issue Here only BM select the staff then forward to HR need to change policy... HR conduct compus Interview then provide staff for Branch... Because we have lot of work not concentrate find out the candidate.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 14 Feb 2024

1.0
 for  Salary and Benefits

Likes

...st above10 years mfl branch becoz all furniture are damaged in so many branches. So one more point I have tel these are all expenses company have to pay don't minuse ours branch profitability. This reason only so many branches don't like do repair maintenance expenses. This becoz ours branch very bad to see

read more

Dislikes

...st above10 years mfl branch becoz all furniture are damaged in so many branches. So one more point I have tel these are all expenses company have to pay don't minuse ours branch profitability. This reason only so many branches don't like do repair maintenance expenses. This becoz ours branch very bad to see

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 03 Jan 2023

1.0
 for  Salary and Benefits

Likes

I have more comfortable with this timings, and I have been work with good guidable reporting managers, I learnt more about work it impacts to my personal life also, i.e how to behave with people.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

I am not satisfied with this salary, being 4 year experience it's too bad to take 23k/month,

read more
  • Salary - Bad

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Apr 2019

3.0
 for  Salary and Benefits

Likes

...arnt many things in working skills, monitoring, operations skill and management. But the problem in recognition on old staff for their promotion's , salary hike and main point was politics among the satff and superiors who they are faviour to them will have ther bright future for them..

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Politics among the staff and Superior..

  • Promotions - Poor
  • +2 more

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...

  • Skill development - Excellent
  • +3 more

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
see more salary related reviews

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Muthoot Fincorp Branch Incharge Salary FAQs

What is the salary of Branch Incharge at Muthoot Fincorp ?
The average salary of a Branch Incharge at Muthoot Fincorp in India typically ranges from ₹1.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Branch Incharge at Muthoot Fincorp earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Incharge 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 100+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Branch Incharge at Muthoot Fincorp in India?
The estimated take-home salary of a Branch Incharge at Muthoot Fincorp in India typically ranges from ₹19,529 to ₹21,200 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 11 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 100+ 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 Branch Incharge in India?
Tata Capital Housing Finance ₹5.0 Lakhs to ₹15.0 Lakhs per year
Sundaram Finance ₹6.1 Lakhs to ₹9.8 Lakhs per year
Sammaan Capital Limited ₹6.0 Lakhs to ₹9.4 Lakhs per year
Mahindra Finance ₹2.5 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance ₹4.0 Lakhs to ₹6.5 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 Branch Incharge in companies similar to Muthoot Fincorp in India?
The salary of a Branch Incharge at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance ₹2.0 Lakhs to ₹6.0 Lakhs per year
SK Finance Limited ₹3.1 Lakhs to ₹4.7 Lakhs per year
SMFG India Credit ₹2.2 Lakhs to ₹5.4 Lakhs per year
IIFL Finance ₹2.7 Lakhs to ₹5.1 Lakhs per year
Shriram Finance ₹2.0 Lakhs to ₹3.9 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 Branch Incharge at Muthoot Fincorp in India?
The salary growth for a Branch Incharge at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Branch Incharge can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
2 years ₹1.1 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.1 Lakhs per year
4 years ₹1.2 Lakhs to ₹3.3 Lakhs per year
5 years ₹1.9 Lakhs to ₹3.9 Lakhs per year
and so on.

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Muthoot Fincorp Branch Incharge salary in India ranges between ₹1.1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 190 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.