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Muthoot Fincorp Branch Manager salaries in Vellore

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Muthoot Fincorp Branch Manager Salary

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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 7 - 18 years exp.
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arrow icon 35% hike
Area Manager 7 - 20 years exp.
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arrow icon 30% hike

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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

3.6

Rated by 5 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 01 Jun 2021

3.0
 for  Salary and Benefits

Likes

If will get another opportunity to work in MFL that is my pleasure

  • Skill development - Good
  • +5 more

Dislikes

Salary should be hike to the employees. they r not able to raise bcz higher officials politics is there.i think that should be considered

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

  • 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.

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  • 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.

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  • 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.

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  • 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.

read more
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Muthoot Fincorp Branch Manager Salary FAQs

What is the notice period for Branch Manager at Muthoot Fincorp in Vellore?
According to AmbitionBox, 67% of the Muthoot Fincorp Branch Managers in Vellore reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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