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Muthoot Fincorp Branch Manager salaries in Kolkata (Updated 2025)

Annual salary range
2 - 13 years exp.
₹2.3 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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59% less than the average Branch Manager Salary in NBFC Companies for 2 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
2 - 12 years exp. (24 salaries)
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₹2.3 L/yr - ₹5 L/yr

Sales & Business Development
Branch Manager Salary
2 - 13 years exp. (19 salaries)
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₹3 L/yr - ₹5.3 L/yr

Customer Success, Service & Operations
Branch Manager Salary
2 - 13 years exp. (5 salaries)
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₹3.6 L/yr - ₹5 L/yr

Finance & Accounting
Branch Manager Salary
6 - 10 years exp. (4 salaries)
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₹3.2 L/yr - ₹4.7 L/yr

Marketing & Communication
Branch Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.5 L/yr

Last Updated: 19 Feb 2025

Companies similar to Muthoot Fincorp for Branch Manager in Kolkata

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Muthoot Fincorp Branch Manager Salary

2 - 13 years exp. (56 salaries)

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₹2.3 L/yr - ₹5.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IIFL Finance Branch Manager Salary

2 - 16 years exp. (138 salaries)

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₹3.4 L/yr - ₹7.8 L/yr

arrow icon 28% more
8 job openings
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Manappuram Finance Branch Manager Salary

2 - 8 years exp. (16 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 6% less
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₹2.6 L/yr - ₹5 L/yr

arrow icon 11% less
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₹2.8 L/yr - ₹5 L/yr

arrow icon 8% less
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Asirvad Microfinance Branch Manager Salary

1 - 6 years exp. (6 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 30% less
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CreditAccess Grameen Branch Manager Salary

7 - 10 years exp. (6 salaries)

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₹3.2 L/yr - ₹4.4 L/yr

arrow icon 11% less
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Mahindra Finance Branch Manager Salary

6 - 10 years exp. (5 salaries)

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₹4.8 L/yr - ₹6 L/yr

arrow icon 28% more
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Muthoot Microfin Branch Manager Salary

3 - 6 years exp. (5 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 20% less
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₹3.2 L/yr - ₹4 L/yr

arrow icon 19% less
Branch Manager salary at Muthoot Fincorp ranges between ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 56 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Manager in Kolkata

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Experience wise Muthoot Fincorp Branch Manager salaries in Kolkata

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
2 years  (6 salaries)

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₹4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4.8 L/yr
6 years  (3 salaries)

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₹3.6 L/yr - ₹7.7 L/yr
View all
Muthoot Fincorp Branch Manager Salary and Career Growth

From

To

Branch Manager

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2 - 16 years exp.

Senior Area Manager

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11 - 19 years exp.

Branch Manager

2 - 16 years exp.
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Senior Branch Manager

7 - 18 years exp.
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arrow icon 36% hike

Area Manager

9 - 20 years exp.
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arrow icon 34% 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

Area Manager Salary
(8 salaries)
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₹6.2 L/yr - ₹9 L/yr
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₹2.15 L/yr - ₹3 L/yr
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₹5 L/yr - ₹6.5 L/yr

Top skills at Muthoot Fincorp for Branch Manager

Branch Management Sales Business Development Branch Management Team Handling Gold Loan Gold Loan Branch Operations Customer Service Gold Loan Operations Cross Selling Marketing Sales Management Branch Operations Heading Branch

Salary related reviews for Muthoot Fincorp

4.1

Rated by 11 employees for salary & benefits

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

  • Skill development - Good
  • +1 more

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

 · 

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
  • Salary - Good
  • +6 more

Dislikes

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

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Other Department

4.0
  •  posted on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 02 Apr 2020

4.0
 for  Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

read more
see more salary related reviews

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Muthoot Fincorp Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Fincorp in Kolkata?
The average salary of a Branch Manager at Muthoot Fincorp in Kolkata typically ranges from ₹2.3 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Branch Manager in Kolkata at Muthoot Fincorp earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. 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 50+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Branch Manager at Muthoot Fincorp in Kolkata?
The estimated take-home salary of a Branch Manager at Muthoot Fincorp in Kolkata typically ranges from ₹32,747 to ₹34,020 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 years to 13 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 50+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Muthoot Fincorp in Kolkata?
To be a Branch Manager at Muthoot Fincorp in Kolkata, the key skills required include:

  • - Branch Management
  • - Sales
  • - Business Development
  • - Branch Management
  • - Team Handling

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Branch Manager in India?
Mahindra Finance ₹4.8 Lakhs to ₹6.0 Lakhs per year
IIFL Finance ₹3.4 Lakhs to ₹7.8 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 Manager in companies similar to Muthoot Fincorp in Kolkata?
The salary of a Branch Manager at companies similar to Muthoot Fincorp in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Manappuram Finance ₹2.2 Lakhs to ₹6.0 Lakhs per year
Spandana Sphoorty Financial ₹2.8 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen ₹3.2 Lakhs to ₹4.4 Lakhs per year
Bharat Financial Inclusion ₹2.6 Lakhs to ₹5.0 Lakhs per year
Satin Creditcare Network ₹3.2 Lakhs to ₹4.0 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 Branch Manager at Muthoot Fincorp in Kolkata?
The salary growth for a Branch Manager at Muthoot Fincorp in Kolkata depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Kolkata can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
2 years ₹4.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.4 Lakhs to ₹7.6 Lakhs per year
5 years ₹2.3 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Branch Manager salary in Kolkata ranges between ₹2.3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 56 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.