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Muthoot Fincorp Branch Sales Manager salaries in India (Updated 2025)

Annual salary range
5 - 12 years exp.
₹3.5 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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30% less than the average Branch Sales Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Branch Sales Manager Salary
5 - 12 years exp. (9 salaries)
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₹3.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Branch Sales Manager Salary
6 - 10 years exp. (4 salaries)
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₹4.6 L/yr - ₹5.5 L/yr

Product Management
Branch Sales Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5 L/yr

Finance & Accounting
Branch Sales Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.2 L/yr

Last Updated: 5 Mar 2025

Companies similar to Muthoot Fincorp for Branch Sales Manager

Company name Avg Annual Salary Open Jobs
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SMFG India Credit Branch Sales Manager Salary

4 - 12 years exp. (203 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 43% more
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Capri Global Capital Branch Sales Manager Salary

3 - 10 years exp. (162 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 1% more
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Poonawalla Fincorp Branch Sales Manager Salary

0 - 13 years exp. (75 salaries)

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₹4 L/yr - ₹9.6 L/yr

arrow icon 42% more
3 job openings
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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 38% less
1 job opening
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Aavas Financiers Branch Sales Manager Salary

3 - 10 years exp. (49 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 9% more
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₹4.2 L/yr - ₹9.5 L/yr

arrow icon 31% more
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Ess Kay Fincorp Branch Sales Manager Salary

1 - 6 years exp. (23 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 47% less
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Shriram Finance Branch Sales Manager Salary

3 - 9 years exp. (16 salaries)

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₹2.7 L/yr - ₹7.5 L/yr

arrow icon 9% less
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IIFL Finance Branch Sales Manager Salary

2 - 8 years exp. (14 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 5% less
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₹3.3 L/yr - ₹5 L/yr

arrow icon 16% less
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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 20% more
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₹3.9 L/yr - ₹10 L/yr

arrow icon 48% more
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₹3.7 L/yr - ₹5.7 L/yr

arrow icon 12% less
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Mahindra Finance Branch Sales Manager Salary

4 - 11 years exp. (5 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 2% more
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₹2.5 L/yr - ₹7 L/yr

arrow icon 6% more
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₹1.1 L/yr - ₹4.8 L/yr

arrow icon 30% less
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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 3% more
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L&T Finance Branch Sales Manager Salary

2 - 9 years exp. (4 salaries)

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₹2.4 L/yr - ₹6.2 L/yr

arrow icon 12% less
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Muthoot Finance Branch Sales Manager Salary

3 - 7 years exp. (4 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 18% more
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Ugro Capital Branch Sales Manager Salary

5 - 15 years exp. (4 salaries)

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₹4.3 L/yr - ₹7.5 L/yr

arrow icon 32% more
View all
Branch Sales Manager salary at Muthoot Fincorp ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Sales Manager

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Experience wise Muthoot Fincorp Branch Sales Manager salaries

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
5 years  (4 salaries)

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₹3.7 L/yr - ₹8.2 L/yr
6 years  (3 salaries)

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₹3.5 L/yr - ₹5 L/yr
7 years  (3 salaries)

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₹1.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

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₹6 L/yr - ₹9.3 L/yr
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₹3.55 L/yr - ₹6.25 L/yr
Branch Manager Salary
(614 salaries)
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₹1.8 L/yr - ₹6.65 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Area Manager Salary
(195 salaries)
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₹3.2 L/yr - ₹12 L/yr
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₹3.5 L/yr - ₹8 L/yr
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₹3 L/yr - ₹7.21 L/yr
Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr
Branch Head Salary
(16 salaries)
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₹2 L/yr - ₹7.5 L/yr

Top skills at Muthoot Fincorp for Branch Sales Manager

Sales Management Salesforce Retail Assets Home Loans Team Handling Lead Generation Sales Planning Branch Sales Customer Service Cold Calling Mortgage Loans Loan against Property Business Development Laptop Lap

Salary related reviews for Muthoot Fincorp

4.3

Rated by 9 employees for salary & benefits

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

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

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Nov 2024

1.0
 for  Salary and Benefits

Likes

Jo ye km salary provide krte h wo on time dete h bs..

Dislikes

No promotion on time, no salary hike on time, no appreciations, too much work pressure, no understanding in company management, incentive plan is too much dum.

read more
  • Salary - Bad
  • +6 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

5.0
  •  posted on 07 Nov 2024

5.0
 for  Salary and Benefits

Likes

Good working culture and job security and good learning facilities available in organisation and good increament policy.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Not promoting old employee and hiring out side person and giving him high salary also.

read more
see more salary related reviews

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Muthoot Fincorp Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Muthoot Fincorp ?
The average salary of a Branch Sales Manager at Muthoot Fincorp in India typically ranges from ₹3.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Branch Sales Manager at Muthoot Fincorp earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Branch Sales 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 10+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Branch Sales Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Branch Sales Manager at Muthoot Fincorp in India typically ranges from ₹35,754 to ₹36,983 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 12 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.
What are the key skills required to be a Branch Sales Manager at Muthoot Fincorp ?
To be a Branch Sales Manager at Muthoot Fincorp in india, the key skills required include:

  • - Sales Management
  • - Salesforce
  • - Retail Assets
  • - Home Loans
  • - 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 Sales Manager in India?
Sundaram Finance ₹7.4 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance ₹3.9 Lakhs to ₹10.0 Lakhs per year
SMFG India Credit ₹2.8 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp ₹4.0 Lakhs to ₹9.6 Lakhs per year
Kotak Mahindra Prime ₹4.5 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 Sales Manager in companies similar to Muthoot Fincorp in India?
The salary of a Branch Sales Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ugro Capital ₹4.3 Lakhs to ₹7.5 Lakhs per year
Tata Capital Housing Finance ₹4.2 Lakhs to ₹9.5 Lakhs per year
Sammaan Capital Limited ₹3.6 Lakhs to ₹7.5 Lakhs per year
Muthoot Finance ₹3.5 Lakhs to ₹9.0 Lakhs per year
Aavas Financiers ₹3.0 Lakhs to ₹8.0 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 Sales Manager at Muthoot Fincorp in India?
The salary growth for a Branch Sales Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Branch Sales Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
5 years ₹3.7 Lakhs to ₹8.2 Lakhs per year
6 years ₹3.5 Lakhs to ₹5.0 Lakhs per year
7 years ₹1.9 Lakhs to ₹5.0 Lakhs per year
8 years ₹3.5 Lakhs to ₹8.5 Lakhs per year
and so on.

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Muthoot Fincorp Branch Sales Manager salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.