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The Muthoot Group Branch Manager salaries in India (Updated 2025)

Annual salary range
3 - 13 years exp.
₹2.5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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48% less than the average Branch Manager Salary in Financial Services Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
3 - 13 years exp. (83 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

Finance & Accounting
Branch Manager Salary
3 - 13 years exp. (32 salaries)
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₹3 L/yr - ₹6.2 L/yr

Customer Success, Service & Operations
Branch Manager Salary
3 - 13 years exp. (22 salaries)
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₹3.3 L/yr - ₹6 L/yr

Sales & Business Development
Branch Manager Salary
5 - 7 years exp. (4 salaries)
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₹3.3 L/yr - ₹5.1 L/yr

Marketing & Communication
Branch Manager Salary
3 - 10 years exp. (3 salaries)
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₹4.1 L/yr - ₹4.9 L/yr

Last Updated: 27 Feb 2025

Companies similar to The Muthoot Group for Branch Manager

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Branch Manager Salary

1 - 9 years exp. (226 salaries)

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₹1.8 L/yr - ₹6 L/yr

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Shriram Finance Branch Manager Salary

2 - 14 years exp. (270 salaries)

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₹2.4 L/yr - ₹7.1 L/yr

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Bajaj Finance Branch Manager Salary

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₹2.9 L/yr - ₹8.9 L/yr

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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.6k salaries)

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₹6.5 L/yr - ₹23 L/yr

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5 job openings
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (2.3k salaries)

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₹5.4 L/yr - ₹23 L/yr

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Axis Bank Branch Manager Salary

8 - 22 years exp. (323 salaries)

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₹6.2 L/yr - ₹23 L/yr

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2 job openings
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹25.6 L/yr

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1 job opening
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Tata Capital Branch Manager Salary

3 - 10 years exp. (57 salaries)

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₹3.3 L/yr - ₹7.9 L/yr

arrow icon 1% less
3 job openings
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Aditya Birla Capital Branch Manager Salary

4 - 12 years exp. (68 salaries)

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₹4.5 L/yr - ₹12.1 L/yr

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L&T Finance Branch Manager Salary

3 - 9 years exp. (220 salaries)

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₹2.4 L/yr - ₹6 L/yr

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ICICI Securities Branch Manager Salary

3 - 11 years exp. (153 salaries)

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₹4 L/yr - ₹10 L/yr

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IDFC FIRST Bharat Branch Manager Salary

4 - 11 years exp. (115 salaries)

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₹2.6 L/yr - ₹9.3 L/yr

arrow icon 17% more
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Bajaj Finserv Branch Manager Salary

2 - 10 years exp. (79 salaries)

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₹3.2 L/yr - ₹9.6 L/yr

arrow icon 30% more
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₹2.8 L/yr - ₹10.5 L/yr

arrow icon 35% more
2 job openings
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₹4.5 L/yr - ₹12 L/yr

arrow icon 43% more
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Bajaj Capital Branch Manager Salary

3 - 13 years exp. (30 salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 5% more
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Citicorp Branch Manager Salary

2 - 20 years exp. (5 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 206% more
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HSBC Group Branch Manager Salary

1 - 9 years exp. (5 salaries)

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₹10.5 L/yr - ₹15.4 L/yr

arrow icon 163% more
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HDFC Sales Branch Manager Salary

5 - 10 years exp. (4 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 21% less

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Branch Manager salary at The Muthoot Group ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 180 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Branch Manager

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Experience wise The Muthoot Group Branch Manager salaries

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
3 years  (9 salaries)

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₹2.5 L/yr - ₹4.9 L/yr
4 years  (14 salaries)

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₹2.7 L/yr - ₹5 L/yr
5 years  (23 salaries)

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₹2.8 L/yr - ₹6.2 L/yr
6 years  (12 salaries)

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₹3 L/yr - ₹7.5 L/yr
7 years  (16 salaries)

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₹2.6 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in The Muthoot Group

Area Manager Salary
(14 salaries)
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₹3.67 L/yr - ₹7.6 L/yr
Credit Manager Salary
(17 salaries)
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₹3.75 L/yr - ₹5.9 L/yr
Sales Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹6.3 L/yr
Branch Incharge Salary
(15 salaries)
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₹1.5 L/yr - ₹5 L/yr
Branch Head Salary
(57 salaries)
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₹2.1 L/yr - ₹6 L/yr
Deputy Manager Salary
(29 salaries)
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₹3.6 L/yr - ₹6.35 L/yr
Chief Manager Salary
(3 salaries)
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₹10 L/yr - ₹19 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹7 L/yr - ₹14.5 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Top skills at The Muthoot Group for Branch Manager

Sales Marketing Branch Management Business Development Cross Selling Business Development Branch Operations Team Handling Sales Branch Management Banking Finance Finance Team Handling Gold Loan

Salary related reviews for The Muthoot Group

3.3

Rated by 81 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

  • Skill development - Good
  • Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Other Department

3.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Job security and staffs

  • Skill development - Good
  • +2 more

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.

read more
  • Promotions - Poor
  • +1 more

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.

read more
  • Skill development - Poor
  • +4 more

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

read more
  • Salary - Excellent
  • +6 more

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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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.

  • Job security - 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
  • Salary - Poor
  • +4 more
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The Muthoot Group Branch Manager Salary FAQs

What is the salary of Branch Manager at The Muthoot Group?
Branch Manager salary at The Muthoot Group in India ranges between ₹2.5 Lakhs to ₹7.5 Lakhs for experience between 3 years to 13 years. According to our estimates it is 48% less than the average Branch Manager Salary in India. Salary estimates are based on 180 latest salaries received from various employees of The Muthoot Group India.
How does the salary of a Branch Manager at The Muthoot Group India compare with the average salary range for this job?
The average salary of a Branch Manager at The Muthoot Group is 48% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at The Muthoot Group?
Sales, Marketing, Branch Management, Business Development and Cross Selling are some of the popular skills required to work as a Branch Manager at The Muthoot Group India.
Which similar companies are paying more than The Muthoot Group to a Branch Manager in India?
  • Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
  • Citicorp Branch Manager Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
  • ICICI Bank Branch Manager Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to The Muthoot Group in India?
  • HSBC Group Branch Manager Salary - ₹10.5 Lakhs to ₹15.4 Lakhs per year
  • Aditya Birla Capital Branch Manager Salary - ₹4.5 Lakhs to ₹12.1 Lakhs per year
  • ICICI Securities Branch Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
  • Motilal Oswal Financial Services Branch Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
  • Cholamandalam Investment & Finance Branch Manager Salary - ₹2.8 Lakhs to ₹10.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at The Muthoot Group in India?
The estimated take-home salary of a Branch Manager at The Muthoot Group ranges between ₹35,733 per month to ₹36,962 per month in India. The take-home salary calculation is based on the average The Muthoot Group Branch Manager salary in India which ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at The Muthoot Group?
According to AmbitionBox, 41% of the The Muthoot Group Branch Managers reported a notice period of 3 Months, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 112 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

The Muthoot Group Branch Manager salary in India ranges between ₹2.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 180 The Muthoot Group latest salaries received from various employees of The Muthoot Group.