The Muthoot Group Visakhapatnam Branch Manager Salaries by 8 Employees

4 - 13 years exp.

₹2.7 Lakhs - ₹5.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% 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 4 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹5 L/yr
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Finance & Accounting Branch Manager Salary 11 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to The Muthoot Group for Branch Manager in Visakhapatnam

The Muthoot Group Branch Manager Salary

4 - 13 years exp. (8 salaries)

₹2.7 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Branch Manager Salary 2 - 15 years exp. (31 salaries)	₹2.3 L/yr - ₹7 L/yr 1% more
CSB Bank Branch Manager Salary 8 - 15 years exp. (19 salaries)	₹6 L/yr - ₹15 L/yr 125% more
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Bajaj Finance Branch Manager Salary 4 - 11 years exp. (9 salaries)	₹4.8 L/yr - ₹7.3 L/yr 32% more	59 job openings
Truhome Finance Branch Manager Salary 9 - 16 years exp. (8 salaries)	₹5.9 L/yr - ₹10.8 L/yr 44% more
Lalitha Jewellery Branch Manager Salary 15 - 20 years exp. (7 salaries)	₹7.8 L/yr - ₹9.6 L/yr 65% more

Branch Manager salary at The Muthoot Group ranges between ₹2.7 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Branch Manager salaries in Visakhapatnam

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 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)	₹4.8 L/yr - ₹6.1 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr

View all

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 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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The Muthoot Group Branch Manager Salary FAQs

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

The average salary of a Branch Manager at The Muthoot Group in Visakhapatnam typically ranges from ₹2.7 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Branch Manager in Visakhapatnam at The Muthoot Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 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 8 The Muthoot Group employees in India.

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

The estimated take-home salary of a Branch Manager at The Muthoot Group in Visakhapatnam typically ranges from ₹37,869 to ₹39,066 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.3 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 8 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 Visakhapatnam?

To be a Branch Manager at The Muthoot Group in Visakhapatnam, 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?

CSB Bank	₹6.0 Lakhs to ₹15.0 Lakhs per year
Lalitha Jewellery	₹7.8 Lakhs to ₹9.6 Lakhs per year
Truhome Finance	₹5.9 Lakhs to ₹10.8 Lakhs per year
Bajaj Finance	₹4.8 Lakhs to ₹7.3 Lakhs per year
Muthoot Finance	₹2.3 Lakhs to ₹7.0 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 Visakhapatnam?

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

Experience	Average Salary Range
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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The Muthoot Group Branch Manager Salaries in Visakhapatnam

The Muthoot Group Branch Manager salary in Visakhapatnam ranges between ₹2.7 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 The Muthoot Group latest salaries received from various employees of The Muthoot Group.