Muthoot Fincorp Chennai Branch Incharge Salaries by 10+ Employees

2 - 8 years exp.

₹1.6 Lakh - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average Branch Incharge Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Sales & Business Development Branch Incharge Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3.2 L/yr
Customer Success, Service & Operations Branch Incharge Salary 5 - 8 years exp. (3 salaries)	₹2.2 L/yr - ₹3.4 L/yr
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BFSI, Investments & Trading Branch Incharge Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
Finance & Accounting Branch Incharge Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 20 Nov 2024

Companies similar to Muthoot Fincorp for Branch Incharge in Chennai

Muthoot Fincorp Branch Incharge Salary

2 - 8 years exp. (15 salaries)

₹1.6 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Incharge Salary 5 - 11 years exp. (10 salaries)	₹2.5 L/yr - ₹5.5 L/yr 63% more
ESAF Small Finance Bank Branch Incharge Salary 4 - 10 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr 107% more	1 job opening
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Preethi Kitchen Appliances Branch Incharge Salary 2 - 9 years exp. (5 salaries)	₹2.4 L/yr - ₹4.4 L/yr 25% more
Infonet Comm Enterprises Branch Incharge Salary 4 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 11% less
OM Logistics Branch Incharge Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹3.1 L/yr At par

Branch Incharge salary at Muthoot Fincorp ranges between ₹1.6 Lakh to ₹2.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Branch Incharge salaries in Chennai

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (4 salaries)	₹1.6 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (4 salaries)	₹2.2 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr

View all

From

Branch Incharge

₹

Lakhs/yr

2 - 11 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Branch Incharge

2 - 11 years exp.

Branch Manager

2 - 16 years exp.

57% hike

Senior Branch Manager

6 - 18 years exp.

27% 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

(82 salaries)

₹2.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(13 salaries)

₹3.7 L/yr - ₹6.8 L/yr

Area Manager Salary

(10 salaries)

₹7 L/yr - ₹8.5 L/yr

Sales Manager Salary

(5 salaries)

₹4.3 L/yr - ₹6 L/yr

Sales Executive Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Branch Head Salary

(3 salaries)

₹2.1 L/yr - ₹7.5 L/yr

Salary related reviews for Muthoot Fincorp

3.0

Rated by 2 employees for salary & benefits

Branch Incharge in Bangalore / Bengaluru

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.

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.

Branch Incharge in Bangalore / Bengaluru

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

Dislikes

Salary - Bad

+6 more

Branch Incharge in Bangalore / Bengaluru

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.

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,

Salary - Bad

Branch Incharge

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..

Skill development - Excellent

+2 more

Dislikes

Politics among the staff and Superior..

Promotions - Poor

+2 more

Senior Branch Manager in Kovilpatti

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....

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Fincorp Branch Incharge Salary FAQs

What is the salary of Branch Incharge at Muthoot Fincorp in Chennai?

The average salary of a Branch Incharge at Muthoot Fincorp in Chennai typically ranges from ₹1.6 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Branch Incharge in Chennai at Muthoot Fincorp earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.8 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 10+ Muthoot Fincorp employees in India.

What is the estimated take home salary of a Branch Incharge at Muthoot Fincorp in Chennai?

The estimated take-home salary of a Branch Incharge at Muthoot Fincorp in Chennai typically ranges from ₹19,491 to ₹21,161 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 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 Branch Incharge in India?

ESAF Small Finance Bank	₹4.0 Lakhs to ₹6.0 Lakhs per year
Muthoot Finance	₹2.5 Lakhs to ₹5.5 Lakhs per year
Preethi Kitchen Appliances	₹2.4 Lakhs to ₹4.4 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 Chennai?

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

OM Logistics	₹1.8 Lakhs to ₹3.1 Lakhs per year
Infonet Comm Enterprises	₹2.2 Lakhs to ₹3.5 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 Chennai?

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

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.2 Lakhs to ₹4.7 Lakhs per year

and so on.

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Muthoot Fincorp Branch Incharge Salaries in Chennai

Muthoot Fincorp Branch Incharge salary in Chennai ranges between ₹1.6 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.