The Muthoot Group Senior Branch Manager Salaries by 4 Employees

11 - 20 years exp.

₹7 Lakhs - ₹14.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

8% less than the average Senior Branch Manager Salary in Financial Services Companies for 11 - 20 years of experience

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Last Updated: 14 Aug 2023

Companies similar to The Muthoot Group for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
RBL FinServe Senior Branch Manager Salary 6 - 13 years exp. (66 salaries)	₹3.2 L/yr - ₹6.7 L/yr 54% less
Bajaj Finserv Senior Branch Manager Salary 4 - 9 years exp. (23 salaries)	₹4 L/yr - ₹9.5 L/yr 28% less
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Cholamandalam Investment & Finance Senior Branch Manager Salary 4 - 15 years exp. (12 salaries)	₹5 L/yr - ₹8.7 L/yr 31% less
Aditya Birla Capital Senior Branch Manager Salary 10 - 17 years exp. (5 salaries)	₹10 L/yr - ₹12 L/yr 11% more
Satya MicroCapital Senior Branch Manager Salary 2 - 13 years exp. (5 salaries)	₹5.2 L/yr - ₹5.5 L/yr 47% less
ICICI Securities Senior Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹7.2 L/yr - ₹11 L/yr 25% less
Bajaj Capital Senior Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹3 L/yr - ₹8 L/yr 49% less
IDFC FIRST Bharat Senior Branch Manager Salary 0 - 9 years exp. (4 salaries)	₹4.4 L/yr - ₹4.7 L/yr 54% less
Motilal Oswal Financial Services Senior Branch Manager Salary 15 - 17 years exp. (3 salaries)	₹8.4 L/yr - ₹10 L/yr 6% less

Senior Branch Manager salary at The Muthoot Group ranges between ₹7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Senior Branch Manager salaries

Last Updated: 14 Aug 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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15+ years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in The Muthoot Group

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Branch Manager Salary

(180 salaries)

₹2.55 L/yr - ₹7.45 L/yr

Assistant Branch Manager Salary

(33 salaries)

₹2.6 L/yr - ₹7.8 L/yr

Senior Relationship Manager Salary

(4 salaries)

₹2.85 L/yr - ₹3.47 L/yr

Operations Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Area Manager Salary

(14 salaries)

₹3.67 L/yr - ₹7.6 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Salary related reviews for The Muthoot Group

4.9

Rated by 2 employees for salary & benefits

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

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

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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The Muthoot Group Senior Branch Manager Salary FAQs

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

The average salary of a Senior Branch Manager at The Muthoot Group in India typically ranges from ₹7.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Senior Branch Manager at The Muthoot Group earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Senior 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 4 The Muthoot Group employees in India.

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

The estimated take-home salary of a Senior Branch Manager at The Muthoot Group in India typically ranges from ₹71,355 to ₹73,193 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 11 years to 20 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 4 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Muthoot Group for Senior Branch Manager in India?

Aditya Birla Capital

₹10.0 Lakhs to ₹12.0 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.

What is the salary of a Senior Branch Manager in companies similar to The Muthoot Group in India?

The salary of a Senior Branch Manager at companies similar to The Muthoot Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services	₹8.4 Lakhs to ₹10.0 Lakhs per year
ICICI Securities	₹7.2 Lakhs to ₹11.0 Lakhs per year
Bajaj Finserv	₹4.0 Lakhs to ₹9.5 Lakhs per year
Cholamandalam Investment & Finance	₹5.0 Lakhs to ₹8.7 Lakhs per year
Satya MicroCapital	₹5.2 Lakhs to ₹5.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Branch Manager at The Muthoot Group in India?

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

Experience	Average Salary Range
11 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
14 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
15 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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The Muthoot Group Senior Branch Manager Salaries

The Muthoot Group Senior Branch Manager salary in India ranges between ₹7 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.