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3.5

based on 1.2k Reviews

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The Muthoot Group Branch Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
4 - 13 years exp.
₹3.2 Lakhs - ₹6 Lakhs
Salary of majority employees
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51% 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
5 - 13 years exp. (12 salaries)
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₹3.2 L/yr - ₹6 L/yr

Finance & Accounting
Branch Manager Salary
4 - 11 years exp. (9 salaries)
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₹3.8 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
6 - 11 years exp. (3 salaries)
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₹4.8 L/yr - ₹6 L/yr

Sales & Business Development
Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.7 L/yr

Last Updated: 13 Feb 2025

Companies similar to The Muthoot Group for Branch Manager in Bangalore / Bengaluru

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The Muthoot Group Branch Manager Salary

4 - 13 years exp. (26 salaries)
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₹3.2 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Securities Branch Manager Salary

5 - 11 years exp. (16 salaries)
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₹5.5 L/yr - ₹9 L/yr

arrow icon 47% more
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Aditya Birla Capital Branch Manager Salary

3 - 10 years exp. (13 salaries)
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₹7.4 L/yr - ₹10.5 L/yr

arrow icon 60% more
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Motilal Oswal Financial Services Branch Manager Salary

9 - 12 years exp. (3 salaries)
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₹6.8 L/yr - ₹8.5 L/yr

arrow icon 35% more
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ICICI Bank Branch Manager Salary

5 - 20 years exp. (212 salaries)
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₹5.8 L/yr - ₹22.4 L/yr

arrow icon 179% more
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HDFC Bank Branch Manager Salary

7 - 23 years exp. (162 salaries)
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₹7.4 L/yr - ₹25.1 L/yr

arrow icon 205% more
 17 job openings
Branch Manager salary at The Muthoot Group ranges between ₹3.2 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 26 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Branch Manager in Bangalore / Bengaluru

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6 years exp.
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11 years exp.
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9 years exp.

Experience wise The Muthoot Group Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
5 years  (3 salaries)

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₹3.6 L/yr - ₹6 L/yr
6 years  (4 salaries)

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₹3.8 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
View all

Similar Designation salaries in The Muthoot Group

Deputy Manager Salary
(8 salaries)
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₹4.05 L/yr - ₹6.3 L/yr
Credit Manager Salary
(4 salaries)
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₹3.38 L/yr - ₹5 L/yr
Branch Incharge Salary
(3 salaries)
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₹2.4 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

3.0

Rated by 1 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.

read more
  • Promotions - Poor
    • +1 more

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

read more
  • Salary - Bad
    • +3 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.

read more
  • 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

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.

read more

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.

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

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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 Bangalore / Bengaluru?
The average salary of a Branch Manager at The Muthoot Group in Bangalore / Bengaluru typically ranges from ₹3.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Branch Manager in Bangalore / Bengaluru at The Muthoot Group earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 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 20+ The Muthoot Group employees in India.
What is the estimated take home salary of a Branch Manager at The Muthoot Group in Bangalore / Bengaluru?
The estimated take-home salary of a Branch Manager at The Muthoot Group in Bangalore / Bengaluru typically ranges from ₹38,468 to ₹39,656 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 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 20+ 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 Bangalore / Bengaluru?
To be a Branch Manager at The Muthoot Group in Bangalore / Bengaluru, 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?
HDFC Bank ₹7.4 Lakhs to ₹25.1 Lakhs per year
ICICI Bank ₹5.8 Lakhs to ₹22.4 Lakhs per year
Aditya Birla Capital ₹7.4 Lakhs to ₹10.5 Lakhs per year
ICICI Securities ₹5.5 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services ₹6.8 Lakhs to ₹8.5 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.
How the salary growth look like for a Branch Manager at The Muthoot Group in Bangalore / Bengaluru?
The salary growth for a Branch Manager at The Muthoot Group in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Bangalore / Bengaluru can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
4 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years ₹3.6 Lakhs to ₹6.0 Lakhs per year
6 years ₹3.8 Lakhs to ₹6.0 Lakhs per year
7 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

The Muthoot Group Branch Manager salary in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 The Muthoot Group latest salaries received from various employees of The Muthoot Group.