Muthoot Group Indore Branch Manager Salaries by 4 Employees (Updated 2024)

5 - 10 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

53% less than the average Branch Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Customer Success, Service & Operations Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.5 L/yr
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Finance & Accounting Branch Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.1 L/yr

Last Updated: 3 Oct 2024

Companies similar to Muthoot Group for Branch Manager in Indore

Muthoot Group Branch Manager Salary

5 - 10 years exp. (4 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Manager Salary 5 - 14 years exp. (30 salaries)	₹2.9 L/yr - ₹7 L/yr 9% more
Bajaj Finance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹5.6 L/yr - ₹7.2 L/yr 31% more	3 job openings
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Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (29 salaries)	₹8.8 L/yr - ₹20 L/yr 235% more	2 job openings
ICICI Securities Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8.1 L/yr 56% more
RBL FinServe Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹6.6 L/yr 6% more

Branch Manager salary at Muthoot Group ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Group.

Experience wise Muthoot Group Branch Manager salaries in Indore

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr

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Similar Designation salaries in Muthoot Group

Branch Head Salary

(4 salaries)

₹2.85 L/yr - ₹5.05 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

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 product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Muthoot Group Branch Manager Salary FAQs

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

Branch Manager salary at Muthoot Group in Indore ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for experience between 5 years to 10 years. According to our estimates it is 53% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Group Indore.

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

The average salary of a Branch Manager at Muthoot Group is 53% less than the average salary of a Branch Manager in Indore. 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 Indore.

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

Kotak Mahindra Bank Branch Manager Salary - ₹8.8 Lakhs to ₹20.0 Lakhs per year
ICICI Securities Branch Manager Salary - ₹6.5 Lakhs to ₹8.1 Lakhs per year
Bajaj Finance Branch Manager Salary - ₹5.6 Lakhs to ₹7.2 Lakhs per year
Shriram Finance Branch Manager Salary - ₹2.9 Lakhs to ₹7.0 Lakhs per year
RBL FinServe Branch Manager Salary - ₹3.8 Lakhs to ₹6.6 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Muthoot Group ranges between ₹35,703 per month to ₹36,933 per month in Indore. The take-home salary calculation is based on the average Muthoot Group Branch Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 25% of the Muthoot Group Branch Managers in Indore reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Group Branch Manager Salaries in Indore

Muthoot Group Branch Manager salary in Indore ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Group latest salaries received from various employees of Muthoot Group.