Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Muthoot Fincorp Team. If you also belong to the team, you can get access from here

Muthoot Fincorp Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

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

Annual salary range
10 - 14 years exp.
₹4.1 Lakhs - ₹6.3 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

34% less than the average Deputy Branch Manager Salary in NBFC Companies for 10 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Deputy Branch Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.4 L/yr - ₹5.4 L/yr

Sales & Business Development
Deputy Branch Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.1 L/yr - ₹6.3 L/yr

Last Updated: 26 Feb 2025

Companies similar to Muthoot Fincorp for Deputy Branch Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹3.4 L/yr - ₹6.1 L/yr

arrow icon 16% less
Logo
IIFL Finance Deputy Branch Manager Salary

8 - 12 years exp. (7 salaries)

unlock blur

₹4.5 L/yr - ₹7.1 L/yr

At par
Logo
unlock blur

₹5.2 L/yr - ₹9.5 L/yr

arrow icon 39% more
unlock blur

₹3.1 L/yr - ₹5.2 L/yr

arrow icon 20% less
Logo
Muthoot Finance Deputy Branch Manager Salary

9 - 11 years exp. (3 salaries)

unlock blur

₹6.3 L/yr - ₹6.5 L/yr

arrow icon 26% more
Logo
Sundaram Finance Deputy Branch Manager Salary

7 - 30 years exp. (3 salaries)

unlock blur

₹9 L/yr - ₹13.9 L/yr

arrow icon 135% more
Deputy Branch Manager salary at Muthoot Fincorp ranges between ₹4.1 Lakhs to ₹6.3 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Deputy Branch Manager

3d ago
avg blur mobile
14 years exp.
2mo ago
avg blur mobile
12 years exp.
4mo ago
avg blur mobile
10 years exp.
8mo ago
avg blur mobile
13 years exp.
1y ago
avg blur mobile
11 years exp.

Experience wise Muthoot Fincorp Deputy Branch Manager salaries

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

unlock blur

₹4.1 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹5.1 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹4.9 L/yr - ₹9.2 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹4.9 L/yr - ₹9.4 L/yr

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(739 salaries)
unlock blur
₹1.25 L/yr - ₹6.35 L/yr
Deputy Manager Salary
(69 salaries)
unlock blur
₹2.75 L/yr - ₹7.9 L/yr
unlock blur
₹1.75 L/yr - ₹5 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
unlock blur
₹3.8 L/yr - ₹4.8 L/yr
unlock blur
₹2.15 L/yr - ₹4.5 L/yr
unlock blur
₹4.5 L/yr - ₹8.4 L/yr
Credit Manager Salary
(40 salaries)
unlock blur
₹3 L/yr - ₹7.5 L/yr
Sales Manager Salary
(61 salaries)
unlock blur
₹3 L/yr - ₹6.8 L/yr
Branch Head Salary
(16 salaries)
unlock blur
₹2 L/yr - ₹7.5 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
unlock blur
₹8.4 L/yr - ₹10.7 L/yr

Salary related reviews for Muthoot Fincorp

4.5

Rated by 28 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Nov 2024

2.0
 for  Salary and Benefits

Likes

Proud of being an employee of MFL since 1996.Job security, correct salary payment,freedom for selecting our own candidates etc are appreciable things

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Salary package not satisfactory. Muthoot Fincorp experience is very much valued by other NBSCs.But within the organisation it is not so.Basic Pay should be increased, then only we get some amount at the time of retirement. Minimum wages should be increased, then we can reduce labour turnover to a certain limit. Salary package should be restructured based on service first and then give increments based on performance. Service based employees meeting with higher authorities once in a year is not seen in our organisation. If so it is much valued.

read more
  • Salary - Poor

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

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Fincorp Deputy Branch Manager Salary FAQs

What is the salary of Deputy Branch Manager at Muthoot Fincorp ?
The average salary of a Deputy Branch Manager at Muthoot Fincorp in India typically ranges from ₹4.1 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Deputy Branch Manager at Muthoot Fincorp earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Deputy 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 5 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Deputy Branch Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Deputy Branch Manager at Muthoot Fincorp in India typically ranges from ₹37,832 to ₹39,030 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 10 years to 14 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 5 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 Deputy Branch Manager in India?
Sundaram Finance ₹9.0 Lakhs to ₹13.9 Lakhs per year
Mahindra Finance ₹5.2 Lakhs to ₹9.5 Lakhs per year
Muthoot Finance ₹6.3 Lakhs to ₹6.5 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 Deputy Branch Manager in companies similar to Muthoot Fincorp in India?
The salary of a Deputy Branch Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹4.5 Lakhs to ₹7.1 Lakhs per year
Capri Global Capital ₹3.4 Lakhs to ₹6.1 Lakhs per year
Mahindra Rural Housing Finance ₹3.1 Lakhs to ₹5.2 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 Deputy Branch Manager at Muthoot Fincorp in India?
The salary growth for a Deputy Branch Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Deputy Branch Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
10 years ₹4.1 Lakhs to ₹8.7 Lakhs per year
11 years ₹2.0 Lakhs to ₹5.1 Lakhs per year
12 years ₹2.0 Lakhs to ₹6.3 Lakhs per year
13 years ₹4.9 Lakhs to ₹9.2 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Deputy Branch Manager salary in India ranges between ₹4.1 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.