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Muthoot Group Branch Head salaries in Indore

Annual salary range
5 - 8 years exp.
₹2.9 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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60% less than the average Branch Head Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.1 L/yr

Finance & Accounting
Branch Head Salary
5 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹4.9 L/yr

Last Updated: 2 Aug 2023

Companies similar to Muthoot Group for Branch Head in Indore

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Muthoot Group Branch Head Salary

5 - 8 years exp. (4 salaries)

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₹2.9 L/yr - ₹5.1 L/yr

vs
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HDFC Bank Branch Head Salary

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₹8 L/yr - ₹19 L/yr

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ICICI Bank Branch Head Salary

8 - 18 years exp. (13 salaries)

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₹7.4 L/yr - ₹21 L/yr

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Kotak Mahindra Bank Branch Head Salary

9 - 15 years exp. (7 salaries)

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₹12.5 L/yr - ₹16 L/yr

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IndusInd Bank Branch Head Salary

6 - 18 years exp. (22 salaries)

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₹4.2 L/yr - ₹17.6 L/yr

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Aavas Financiers Branch Head Salary

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₹4 L/yr - ₹10 L/yr

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7 job openings
Branch Head salary at Muthoot Group ranges between ₹2.9 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Group.

Latest annual salaries shared by Muthoot Group Branch Head in Indore

1y ago
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8 years exp.
1y ago
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5 years exp.
1y ago
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6 years exp.

Experience wise Muthoot Group Branch Head salaries in Indore

Last Updated: 2 Aug 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.1 L/yr

Similar Designation salaries in Muthoot Group

Branch Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Top skills at Muthoot Group for Branch Head

Business Development Banking Sales Heading Branch Finance Cross Selling Branch Management Financial Services Branch Handling Team Handling NBFC Accounting Sales Insurance Customer Service

Salary related reviews for Muthoot Group

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

In customer angle, company is best brand among others. Products are good.

Dislikes

HR cannot do independently in their best practice as per industry. Less salary industry. Old branch Offices are its still old and not renovations; and opening new offices. Even though advanced technology are implementing the systems and peripherals are old. Etc, etc.

read more

Full Time

 · 

Other Department

3.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Job security and staffs

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

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Sales & Business Development Department

2.0
  •  posted on 02 Nov 2022

3.0
 for  Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

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BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2019

4.0
 for  Salary and Benefits

Likes

It's a full supportive environment in this company and always credits salary and incentives timely in employees account and a very good platform to start career

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Dislikes

Annual appraisal are low and there might be health issues due to using acid during checking gold

Muthoot Finance Department

5.0
  •  posted on 15 Mar 2018

5.0
 for  Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

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Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

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Muthoot Group Branch Head Salary FAQs

What is the salary of Branch Head at Muthoot Group Indore?
Branch Head salary at Muthoot Group in Indore ranges between ₹2.9 Lakhs to ₹5.1 Lakhs for experience between 5 years to 8 years. According to our estimates it is 60% less than the average Branch Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Group Indore.
How does the salary of a Branch Head at Muthoot Group Indore compare with the average salary range for this job?
The average salary of a Branch Head at Muthoot Group is 60% less than the average salary of a Branch Head in Indore. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Head at Muthoot Group?
Business Development, Banking, Sales, Heading Branch and Finance are some of the popular skills required to work as a Branch Head at Muthoot Group Indore.
Which similar companies are paying more than Muthoot Group to a Branch Head in Indore?
  • HDFC Bank Branch Head Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
  • Kotak Mahindra Bank Branch Head Salary - ₹12.5 Lakhs to ₹16.0 Lakhs per year
  • ICICI Bank Branch Head Salary - ₹7.4 Lakhs to ₹21.0 Lakhs per year
  • IndusInd Bank Branch Head Salary - ₹4.2 Lakhs to ₹17.6 Lakhs per year
  • Aavas Financiers Branch Head Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Branch Head at Muthoot Group in Indore?
The estimated take-home salary of a Branch Head at Muthoot Group ranges between ₹34,165 per month to ₹35,417 per month in Indore. The take-home salary calculation is based on the average Muthoot Group Branch Head salary in India which ranges between ₹2.9 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Branch Head at Muthoot Group in Indore?
According to AmbitionBox, 100% of the Muthoot Group Branch Heads in Indore reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Group Branch Head salary in Indore ranges between ₹2.9 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Group latest salaries received from various employees of Muthoot Group.