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Muthoot Fincorp Senior Branch Manager salaries in Bangalore / Bengaluru

Annual salary range
8 - 17 years exp.
₹4.3 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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53% less than the average Senior Branch Manager Salary in NBFC Companies for 8 - 17 years of experience

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Salaries in different departments

Sales & Business Development
Senior Branch Manager Salary
10 - 17 years exp. (5 salaries)
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₹4.7 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Senior Branch Manager Salary
8 - 14 years exp. (3 salaries)
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₹4.5 L/yr - ₹6.1 L/yr

Finance & Accounting
Senior Branch Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Senior Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹6 L/yr

Last Updated: 7 Nov 2024

Companies similar to Muthoot Fincorp for Senior Branch Manager in Bangalore / Bengaluru

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Muthoot Fincorp Senior Branch Manager Salary

8 - 17 years exp. (13 salaries)

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₹4.3 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Senior Branch Manager Salary

11 - 18 years exp. (10 salaries)

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₹8.5 L/yr - ₹26 L/yr

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₹7.3 L/yr - ₹8.5 L/yr

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1 job opening
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ICICI Bank Senior Branch Manager Salary

10 - 15 years exp. (6 salaries)

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₹9.5 L/yr - ₹22 L/yr

arrow icon 217% more
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Bank of Baroda Senior Branch Manager Salary

9 - 16 years exp. (6 salaries)

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₹11.5 L/yr - ₹25 L/yr

arrow icon 297% more
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HDFC Bank Senior Branch Manager Salary

13 - 17 years exp. (5 salaries)

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₹11.1 L/yr - ₹15.4 L/yr

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Senior Branch Manager salary at Muthoot Fincorp ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Senior Branch Manager in Bangalore / Bengaluru

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10 years exp.
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13 years exp.
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11 years exp.
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11 years exp.
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11 years exp.
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17 years exp.
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14 years exp.
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8 years exp.
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11 years exp.

Experience wise Muthoot Fincorp Senior Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹9.8 L/yr
9 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.5 L/yr
11 years  (4 salaries)

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₹4.3 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹10.2 L/yr
View all
Muthoot Fincorp Senior Branch Manager Salary and Career Growth

From

To

Senior Branch Manager

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7 - 18 years exp.

Senior Area Manager

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11 - 19 years exp.

Senior Branch Manager 7 - 18 years exp.
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Area Manager 7 - 20 years exp.
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arrow icon 30% hike
    Senior Area Manager 11 - 19 years exp.
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    arrow icon 20% 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

    Branch Manager Salary
    (70 salaries)
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    ₹1.8 L/yr - ₹6 L/yr
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    ₹1.95 L/yr - ₹3.14 L/yr
    Area Manager Salary
    (7 salaries)
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    ₹6.38 L/yr - ₹9 L/yr
    Sales Manager Salary
    (4 salaries)
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    ₹4.15 L/yr - ₹5.7 L/yr

    Salary related reviews for Muthoot Fincorp

    4.3

    Rated by 13 employees for salary & benefits

    Customer Success, Service & Operations Department

    5.0
      •  posted on 16 Jul 2021

    3.0
     for  Salary and Benefits

    Likes

    It's a great experience I have started journey in Muthoot Fincorp 2010 ,I have learned lot,thanks to Muthoot Fincorp Ltd I respect the company my entire life

    read more
    • Skill development - Excellent
    • +4 more

    Dislikes

    There is no much opertunites to grow career and also salary growth is not a market situation

    read more

    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

     · 

    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

    Full Time

     · 

    Sales & Business Development Department

    5.0
      •  posted on 07 Nov 2024

    4.0
     for  Salary and Benefits

    Likes

    Correct salary payments on due date

    • Salary - Good
    • +6 more

    Dislikes

    No holidays on second Saturday but given to other firms of muthoot New comers are given salary hike, but not given to old staff for same post. Experience and years working in same company should be honoured and paid more.

    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
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    Muthoot Fincorp Senior Branch Manager Salary FAQs

    What is the salary of Senior Branch Manager at Muthoot Fincorp Bangalore / Bengaluru?
    Senior Branch Manager salary at Muthoot Fincorp in Bangalore / Bengaluru ranges between ₹4.3 Lakhs to ₹6.5 Lakhs for experience between 8 years to 17 years. According to our estimates it is 53% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Muthoot Fincorp Bangalore / Bengaluru.
    How does the salary of a Senior Branch Manager at Muthoot Fincorp Bangalore / Bengaluru compare with the average salary range for this job?
    The average salary of a Senior Branch Manager at Muthoot Fincorp is 53% less than the average salary of a Senior Branch Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
    Which similar companies are paying more than Muthoot Fincorp to a Senior Branch Manager in Bangalore / Bengaluru?
    • Bank of Baroda Senior Branch Manager Salary - ₹11.5 Lakhs to ₹25.0 Lakhs per year
    • Kotak Mahindra Bank Senior Branch Manager Salary - ₹8.5 Lakhs to ₹26.0 Lakhs per year
    • ICICI Bank Senior Branch Manager Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year
    • HDFC Bank Senior Branch Manager Salary - ₹11.1 Lakhs to ₹15.4 Lakhs per year
    • Care Health Insurance Senior Branch Manager Salary - ₹7.3 Lakhs to ₹8.5 Lakhs per year
    What is the estimated take home salary of a Senior Branch Manager at Muthoot Fincorp in Bangalore / Bengaluru?
    The estimated take-home salary of a Senior Branch Manager at Muthoot Fincorp ranges between ₹43,205 per month to ₹44,323 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Fincorp Senior Branch Manager salary in India which ranges between ₹4.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?
    What is the notice period for Senior Branch Manager at Muthoot Fincorp in Bangalore / Bengaluru?
    According to AmbitionBox, 57% of the Muthoot Fincorp Senior Branch Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Muthoot Fincorp Senior Branch Manager salary in Bangalore / Bengaluru ranges between ₹4.3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.