The Muthoot Group Amritsar Branch Manager Salaries by 4 Employees

6 - 13 years exp.

₹4 Lakhs - ₹5.3 Lakhs

Salary of majority employees

41% less than the average Branch Manager Salary in Financial Services Companies for 6 - 13 years of experience

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Last Updated: 16 Mar 2023

Companies similar to The Muthoot Group for Branch Manager in Amritsar

The Muthoot Group Branch Manager Salary

6 - 13 years exp. (4 salaries)

₹4 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Canam Consultants Branch Manager Salary 7 - 16 years exp. (5 salaries)	₹5 L/yr - ₹10.2 L/yr 90% more
Bank of India Branch Manager Salary 8 - 10 years exp. (4 salaries)	₹13 L/yr - ₹18 L/yr 176% more
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SBI Securities Branch Manager Salary 11 - 13 years exp. (3 salaries)	₹5.3 L/yr - ₹7.2 L/yr 42% more	3 job openings
Capital Small Finance Bank Branch Manager Salary 12 - 15 years exp. (3 salaries)	₹8 L/yr - ₹15.5 L/yr 159% more
Sugam Parivahan Branch Manager Salary 10 - 12 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr 22% less

Branch Manager salary at The Muthoot Group ranges between ₹4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Branch Manager salaries in Amritsar

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

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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

Branch Manager in Gadarwara

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

Salary - Bad

+3 more

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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The Muthoot Group Branch Manager Salary FAQs

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

The average salary of a Branch Manager at The Muthoot Group in Amritsar typically ranges from ₹4.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Branch Manager in Amritsar at The Muthoot Group earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Manager Salaries at The Muthoot Group 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 4 The Muthoot Group employees in India.

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

The estimated take-home salary of a Branch Manager at The Muthoot Group in Amritsar typically ranges from ₹37,668 to ₹38,868 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 6 years to 13 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 4 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at The Muthoot Group in Amritsar?

To be a Branch Manager at The Muthoot Group in Amritsar, the key skills required include:

- Sales
- Marketing
- Branch Management
- Business Development
- Cross Selling

These skills are highly valued at The Muthoot Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than The Muthoot Group for Branch Manager in India?

Bank of India	₹13.0 Lakhs to ₹18.0 Lakhs per year
Capital Small Finance Bank	₹8.0 Lakhs to ₹15.5 Lakhs per year
Canam Consultants	₹5.0 Lakhs to ₹10.2 Lakhs per year
SBI Securities	₹5.3 Lakhs to ₹7.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.

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

The salary of a Branch Manager at companies similar to The Muthoot Group in Amritsar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sugam Parivahan

₹3.4 Lakhs to ₹4.2 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 Branch Manager at The Muthoot Group in Amritsar?

The salary growth for a Branch Manager at The Muthoot Group in Amritsar depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Amritsar can expect the following growth trajectory at The Muthoot Group:

Experience	Average Salary Range
6 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹4.6 Lakhs to ₹5.8 Lakhs per year

and so on.

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The Muthoot Group Branch Manager Salaries in Amritsar

The Muthoot Group Branch Manager salary in Amritsar ranges between ₹4 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.