The Muthoot Group Indore Branch Manager Salaries by 3 Employees (Updated 2025)

7 - 10 years exp.

₹4.1 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Branch Manager Salary in Financial Services Companies for 7 - 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
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Customer Success, Service & Operations Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.9 L/yr

Last Updated: 1 Jul 2024

Companies similar to The Muthoot Group for Branch Manager in Indore

The Muthoot Group Branch Manager Salary

7 - 10 years exp. (3 salaries)

₹4.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Manager Salary 2 - 14 years exp. (31 salaries)	₹2.9 L/yr - ₹7 L/yr At par
Bajaj Finance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹6.4 L/yr - ₹7.2 L/yr 38% more	272 job openings
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Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (33 salaries)	₹8.8 L/yr - ₹20 L/yr 212% more	1 job opening
ICICI Securities Branch Manager Salary 5 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 45% more
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (65 salaries)	₹5 L/yr - ₹18 L/yr 145% more	16 job openings

Branch Manager salary at The Muthoot Group ranges between ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Branch Manager salaries in Indore

Last Updated: 1 Jul 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

Similar Designation salaries in The Muthoot Group

Branch Head Salary

(4 salaries)

₹2.85 L/yr - ₹5.05 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

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

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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The Muthoot Group Branch Manager Salary FAQs

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

According to AmbitionBox, 33% of the The Muthoot Group Branch Managers in Indore reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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The Muthoot Group Branch Manager Salaries in Indore

The Muthoot Group Branch Manager salary in Indore ranges between ₹4.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 The Muthoot Group latest salaries received from various employees of The Muthoot Group.