The Muthoot Group Chennai Branch Manager Salaries by 10+ Employees (Updated 2025)

4 - 13 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Salary of majority employees

54% less than the average Branch Manager Salary in Financial Services Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 8 - 13 years exp. (5 salaries)	₹3.3 L/yr - ₹5.5 L/yr
Finance & Accounting Branch Manager Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr
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Marketing & Communication Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.4 L/yr
Sales & Business Development Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5.5 L/yr

Last Updated: 8 Feb 2025

Companies similar to The Muthoot Group for Branch Manager in Chennai

The Muthoot Group Branch Manager Salary

4 - 13 years exp. (13 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Branch Manager Salary 2 - 8 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 22% less
Shriram Finance Branch Manager Salary 4 - 13 years exp. (46 salaries)	₹3 L/yr - ₹7.5 L/yr 7% more
Login to view exact salary
Bajaj Finance Branch Manager Salary 5 - 12 years exp. (10 salaries)	₹4.5 L/yr - ₹8 L/yr 40% more
HDFC Bank Branch Manager Salary 6 - 23 years exp. (138 salaries)	₹6.3 L/yr - ₹22.5 L/yr 208% more	3 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹21.2 L/yr 179% more
Kotak Mahindra Bank Branch Manager Salary 7 - 19 years exp. (36 salaries)	₹9 L/yr - ₹20 L/yr 215% more	1 job opening
ICICI Securities Branch Manager Salary 3 - 11 years exp. (9 salaries)	₹5 L/yr - ₹8 L/yr 47% more
IDFC FIRST Bharat Branch Manager Salary 5 - 7 years exp. (6 salaries)	₹3.8 L/yr - ₹5.6 L/yr 3% less
Bajaj Finserv Branch Manager Salary 5 - 9 years exp. (5 salaries)	₹5 L/yr - ₹8.1 L/yr 34% more
Motilal Oswal Financial Services Branch Manager Salary 10 - 17 years exp. (3 salaries)	₹4.7 L/yr - ₹7 L/yr 34% more

Branch Manager salary at The Muthoot Group ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Branch Manager salaries in Chennai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (4 salaries)	₹3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.9 L/yr
10 years (3 salaries)	₹3 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in The Muthoot Group

Junior Relationship Executive Salary

(39 salaries)

₹1.5 L/yr - ₹4.6 L/yr

Assistant Manager Incharge Salary

(7 salaries)

₹3.1 L/yr - ₹3.65 L/yr

Cluster Manager Salary

(6 salaries)

₹5.1 L/yr - ₹8 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

3.7

Rated by 2 employees for salary & benefits

Branch Manager in Bangalore / Bengaluru

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.

Promotions - Poor

+1 more

Branch Manager in Tiptur

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.

Skill development - Poor

+4 more

Branch Manager in Thiruvananthapuram

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

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.

Operations Manager in New Delhi

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.

Salary - Poor

+4 more

Accountant in New Delhi

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

Salary - Good

+4 more

Dislikes

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

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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The Muthoot Group Branch Manager Salary FAQs

What is the salary of Branch Manager at The Muthoot Group Chennai?

Branch Manager salary at The Muthoot Group in Chennai ranges between ₹3.0 Lakhs to ₹5.5 Lakhs for experience between 4 years to 13 years. According to our estimates it is 54% less than the average Branch Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of The Muthoot Group Chennai.

How does the salary of a Branch Manager at The Muthoot Group Chennai compare with the average salary range for this job?

The average salary of a Branch Manager at The Muthoot Group is 54% less than the average salary of a Branch Manager in Chennai. 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 Chennai.

Which similar companies are paying more than The Muthoot Group to a Branch Manager in Chennai?

Kotak Mahindra Bank Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.3 Lakhs to ₹22.5 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.7 Lakhs to ₹21.2 Lakhs per year
ICICI Securities Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Finance Branch Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to The Muthoot Group in Chennai?

Motilal Oswal Financial Services Branch Manager Salary - ₹4.7 Lakhs to ₹7.0 Lakhs per year
Bajaj Finserv Branch Manager Salary - ₹5.0 Lakhs to ₹8.1 Lakhs per year
Shriram Finance Branch Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
IDFC FIRST Bharat Branch Manager Salary - ₹3.8 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Branch Manager Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at The Muthoot Group in Chennai?

The estimated take-home salary of a Branch Manager at The Muthoot Group ranges between ₹36,645 per month to ₹37,860 per month in Chennai. The take-home salary calculation is based on the average The Muthoot Group Branch Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at The Muthoot Group in Chennai?

According to AmbitionBox, 50% of the The Muthoot Group Branch Managers in Chennai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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The Muthoot Group Branch Manager Salaries in Chennai

The Muthoot Group Branch Manager salary in Chennai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 The Muthoot Group latest salaries received from various employees of The Muthoot Group.