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Muthoot Fincorp Branch Manager salaries in New Delhi

Annual salary range
3 - 16 years exp.
₹2.4 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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54% less than the average Branch Manager Salary in NBFC Companies for 3 - 16 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
4 - 11 years exp. (19 salaries)
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₹3.4 L/yr - ₹5.9 L/yr

Finance & Accounting
Branch Manager Salary
4 - 16 years exp. (13 salaries)
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₹2.4 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
5 - 11 years exp. (7 salaries)
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₹2.9 L/yr - ₹5.8 L/yr

Marketing & Communication
Branch Manager Salary
3 - 9 years exp. (4 salaries)
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₹2.9 L/yr - ₹5 L/yr

Sales & Business Development
Branch Manager Salary
5 - 13 years exp. (3 salaries)
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₹4.6 L/yr - ₹6.3 L/yr

Last Updated: 8 Feb 2025

Companies similar to Muthoot Fincorp for Branch Manager in New Delhi

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Muthoot Fincorp Branch Manager Salary

3 - 16 years exp. (61 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Manager Salary

6 - 23 years exp. (159 salaries)

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₹7.5 L/yr - ₹25 L/yr

arrow icon 220% more
2 job openings
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (229 salaries)

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₹6.5 L/yr - ₹21.7 L/yr

arrow icon 178% more
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (126 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 236% more
1 job opening
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Axis Bank Branch Manager Salary

9 - 22 years exp. (49 salaries)

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₹9.1 L/yr - ₹29 L/yr

arrow icon 257% more
2 job openings
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IndusInd Bank Branch Manager Salary

6 - 20 years exp. (94 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 287% more
7 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (105 salaries)

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₹7.7 L/yr - ₹28 L/yr

arrow icon 231% more
6 job openings
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Mahindra Finance Branch Manager Salary

6 - 10 years exp. (3 salaries)

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₹4.8 L/yr - ₹6.5 L/yr

arrow icon 16% more
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IIFL Finance Branch Manager Salary

3 - 16 years exp. (153 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 13% more
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HDB Financial Services Branch Manager Salary

6 - 17 years exp. (80 salaries)

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₹5 L/yr - ₹13.2 L/yr

arrow icon 92% more
23 job openings
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Muthoot Finance Branch Manager Salary

2 - 18 years exp. (51 salaries)

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₹3.4 L/yr - ₹7 L/yr

arrow icon 11% more
1 job opening
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Capri Global Capital Branch Manager Salary

5 - 13 years exp. (31 salaries)

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₹4.2 L/yr - ₹8.8 L/yr

arrow icon 25% more
1 job opening
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Manappuram Finance Branch Manager Salary

2 - 9 years exp. (20 salaries)

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₹2.5 L/yr - ₹5.3 L/yr

arrow icon 11% less
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Edelweiss Branch Manager Salary

8 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹8.5 L/yr

arrow icon 45% more
1 job opening
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Sammaan Capital Limited Branch Manager Salary

11 - 15 years exp. (4 salaries)

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₹5 L/yr - ₹5.8 L/yr

arrow icon 20% more
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SK Finance Limited Branch Manager Salary

7 - 10 years exp. (3 salaries)

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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 4% less
Branch Manager salary at Muthoot Fincorp ranges between ₹2.4 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 61 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Manager in New Delhi

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8 years exp.
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6 years exp.
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6 years exp.
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11 years exp.
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9 years exp.
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Experience wise Muthoot Fincorp Branch Manager salaries in New Delhi

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.1 L/yr
4 years  (4 salaries)

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₹4 L/yr - ₹4.8 L/yr
5 years  (9 salaries)

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₹2.4 L/yr - ₹6 L/yr
6 years  (11 salaries)

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₹2.4 L/yr - ₹5.4 L/yr
7 years  (7 salaries)

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₹3.4 L/yr - ₹5.9 L/yr
View all
Muthoot Fincorp Branch Manager Salary and Career Growth

From

To

Branch Manager

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3 - 16 years exp.

Senior Area Manager

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11 - 19 years exp.

Branch Manager 3 - 16 years exp.
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Senior Branch Manager 5 - 16 years exp.
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arrow icon 27% hike
Area Manager 7 - 20 years exp.
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arrow icon 39% hike

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Similar Designation salaries in Muthoot Fincorp

Branch Incharge Salary
(13 salaries)
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₹2.15 L/yr - ₹3.93 L/yr
Sales Manager Salary
(9 salaries)
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₹4 L/yr - ₹6.8 L/yr
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₹4.95 L/yr - ₹7 L/yr
Deputy Manager Salary
(8 salaries)
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₹4 L/yr - ₹7.85 L/yr
Credit Manager Salary
(6 salaries)
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₹4 L/yr - ₹7.5 L/yr
Area Manager Salary
(6 salaries)
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₹5.5 L/yr - ₹8 L/yr

Top skills at Muthoot Fincorp for Branch Manager

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

Salary related reviews for Muthoot Fincorp

4.1

Rated by 41 employees for salary & benefits

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.

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  • Salary - Poor

Financial Services Department

3.0
  •  posted on 24 Jun 2021

1.0
 for  Salary and Benefits

Likes

Fixed day of salary.

  • Skill development - Good

Dislikes

Culture at some places is horrible. They don't provide AC or cash machines in branches lesser than 5 cr. You have to sit in enclosed branch for the whole summer. Growth is impossible here.

read more
  • Salary - Bad
  • +3 more

Sales & Business Development Department

1.0
  •  posted on 26 Jun 2021

1.0
 for  Salary and Benefits

Likes

... I have ever seen in my career. Seniors ask to pay money to bring wine for them. Salary is worst in the industry. Management is very poor. Making fool to customers nd landlords as well.

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Dislikes

Worst salary

  • Salary - Bad
  • +6 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

  • 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.

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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
  • Salary - Good
  • +6 more

Dislikes

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

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 New Delhi?
Branch Manager salary at Muthoot Fincorp in New Delhi ranges between ₹2.4 Lakhs to ₹6.3 Lakhs for experience between 3 years to 16 years. According to our estimates it is 54% less than the average Branch Manager Salary in India. Salary estimates are based on 61 latest salaries received from various employees of Muthoot Fincorp New Delhi.
How does the salary of a Branch Manager at Muthoot Fincorp New Delhi compare with the average salary range for this job?
The average salary of a Branch Manager at Muthoot Fincorp is 54% less than the average salary of a Branch Manager in New Delhi. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Muthoot Fincorp?
Branch Management, Sales, Business Development, Branch Management and Team Handling are some of the popular skills required to work as a Branch Manager at Muthoot Fincorp New Delhi.
Which similar companies are paying more than Muthoot Fincorp to a Branch Manager in New Delhi?
  • IndusInd Bank Branch Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹9.1 Lakhs to ₹29.0 Lakhs per year
  • Kotak Mahindra Bank Branch Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹7.7 Lakhs to ₹28.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Muthoot Fincorp in New Delhi?
  • ICICI Bank Branch Manager Salary - ₹6.5 Lakhs to ₹21.7 Lakhs per year
  • HDB Financial Services Branch Manager Salary - ₹5.0 Lakhs to ₹13.2 Lakhs per year
  • Edelweiss Branch Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
  • Capri Global Capital Branch Manager Salary - ₹4.2 Lakhs to ₹8.8 Lakhs per year
  • Sammaan Capital Limited Branch Manager Salary - ₹5.0 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Branch Manager at Muthoot Fincorp in New Delhi?
The estimated take-home salary of a Branch Manager at Muthoot Fincorp ranges between ₹35,904 per month to ₹37,130 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Fincorp Branch Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Muthoot Fincorp in New Delhi?
According to AmbitionBox, 61% of the Muthoot Fincorp Branch Managers in New Delhi reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Branch Manager salary in New Delhi ranges between ₹2.4 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 61 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.