Muthoot Group Chennai Branch Manager Salaries by 10+ Employees (Updated 2024)

4 - 13 years exp.

₹3 Lakhs - ₹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. (4 salaries)	₹3.3 L/yr - ₹4.7 L/yr
Finance & Accounting Branch Manager Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
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Marketing & Communication Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.2 L/yr
Sales & Business Development Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5.2 L/yr

Last Updated: 14 Dec 2024

Companies similar to Muthoot Group for Branch Manager in Chennai

Muthoot Group Branch Manager Salary

4 - 13 years exp. (12 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Branch Manager Salary 2 - 8 years exp. (32 salaries)	₹2 L/yr - ₹5.5 L/yr 20% less
Shriram Finance Branch Manager Salary 4 - 12 years exp. (45 salaries)	₹3 L/yr - ₹9 L/yr 7% more
Login to view exact salary
Bajaj Finance Branch Manager Salary 5 - 12 years exp. (9 salaries)	₹4.5 L/yr - ₹8 L/yr 30% more	3 job openings
HDFC Bank Branch Manager Salary 6 - 22 years exp. (135 salaries)	₹6 L/yr - ₹24.6 L/yr 210% more	4 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹20.9 L/yr 169% more
Kotak Mahindra Bank Branch Manager Salary 7 - 19 years exp. (38 salaries)	₹9 L/yr - ₹20 L/yr 235% more	2 job openings
ICICI Securities Branch Manager Salary 3 - 11 years exp. (9 salaries)	₹5 L/yr - ₹8 L/yr 53% more
Motilal Oswal Financial Services Branch Manager Salary 10 - 17 years exp. (3 salaries)	₹4.7 L/yr - ₹7 L/yr 37% more

Branch Manager salary at Muthoot Group ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Group.

Experience wise Muthoot Group Branch Manager salaries in Chennai

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (3 salaries)	₹3 L/yr - ₹8.6 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.7 L/yr
10 years (3 salaries)	₹3 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.1 L/yr

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Similar Designation salaries in Muthoot Group

Junior Relationship Executive Salary

(40 salaries)

₹1.5 L/yr - ₹4.6 L/yr

Assistant Manager Incharge Salary

(10 salaries)

₹3.1 L/yr - ₹3.65 L/yr

Cluster Manager Salary

(6 salaries)

₹5.1 L/yr - ₹8 L/yr

Top skills at 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 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

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.

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.

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

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.

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.

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

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

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Group Branch Manager Salary FAQs

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

Branch Manager salary at Muthoot Group in Chennai ranges between ₹3.0 Lakhs to ₹5.0 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 12 latest salaries received from various employees of Muthoot Group Chennai.

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

The average salary of a Branch Manager at 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 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 Muthoot Group Chennai.

Which similar companies are paying more than 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 - ₹6.0 Lakhs to ₹24.6 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.7 Lakhs to ₹20.9 Lakhs per year
ICICI Securities Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services Branch Manager Salary - ₹4.7 Lakhs to ₹7.0 Lakhs per year

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

Bajaj Finance Branch Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Shriram Finance Branch Manager Salary - ₹3.0 Lakhs to ₹9.0 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 Muthoot Group in Chennai?

The estimated take-home salary of a Branch Manager at Muthoot Group ranges between ₹35,736 per month to ₹36,964 per month in Chennai. The take-home salary calculation is based on the average Muthoot Group Branch Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.0 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 Muthoot Group in Chennai?

According to AmbitionBox, 50% of 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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Muthoot Group Branch Manager Salaries in Chennai

Muthoot Group Branch Manager salary in Chennai ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Muthoot Group latest salaries received from various employees of Muthoot Group.