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3.5

based on 137 Reviews

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Muthoot Mercantile Branch Head salaries in India

Annual salary range
0 - 25 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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70% less than the average Branch Head Salary in NBFC Companies for 0 - 25 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Branch Head Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Finance & Accounting
Branch Head Salary
Fresher (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Administration & Facilities
Branch Head Salary
25 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 28 Jan 2025

Companies similar to Muthoot Mercantile for Branch Head

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Branch Head Salary

1 - 8 years exp. (464 salaries)

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₹1.4 L/yr - ₹5.3 L/yr

arrow icon 7% more
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Muthoot Fincorp Branch Head Salary

3 - 11 years exp. (16 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 29% more
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Shriram Finance Branch Head Salary

4 - 12 years exp. (73 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 34% more
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Bajaj Finance Branch Head Salary

2 - 10 years exp. (7 salaries)

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₹2.7 L/yr - ₹9 L/yr

arrow icon 61% more
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HDB Financial Services Branch Head Salary

7 - 18 years exp. (49 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

arrow icon 214% more
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Mahindra Finance Branch Head Salary

4 - 15 years exp. (19 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 61% more
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₹4.1 L/yr - ₹8 L/yr

arrow icon 91% more
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L&T Finance Branch Head Salary

3 - 8 years exp. (10 salaries)

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₹3.1 L/yr - ₹8.8 L/yr

arrow icon 66% more
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Edelweiss Branch Head Salary

6 - 15 years exp. (10 salaries)

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₹3.6 L/yr - ₹12.1 L/yr

arrow icon 114% more
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Reliance Capital Branch Head Salary

7 - 13 years exp. (14 salaries)

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₹5 L/yr - ₹7.8 L/yr

arrow icon 105% more
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Sewa Grih Rin Branch Head Salary

9 - 16 years exp. (6 salaries)

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₹6.7 L/yr - ₹7.8 L/yr

arrow icon 126% more
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₹3.5 L/yr - ₹7.8 L/yr

arrow icon 52% more
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Yogakshemam Loans Branch Head Salary

5 - 11 years exp. (4 salaries)

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₹2.2 L/yr - ₹2.9 L/yr

arrow icon 15% less
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Poonawalla Finance Branch Head Salary

10 - 25 years exp. (4 salaries)

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₹4.5 L/yr - ₹11.5 L/yr

arrow icon 187% more
Branch Head salary at Muthoot Mercantile ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 25 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Branch Head

3d ago
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7 years exp.
4mo ago
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6 years exp.
6mo ago
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25 years exp.
1y ago
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8 months exp.

Experience wise Muthoot Mercantile Branch Head salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
15+ years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Muthoot Mercantile

Area Head Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Branch Manager Salary
(96 salaries)
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₹2.15 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹2.5 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Accountant Salary
(4 salaries)
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₹0.7 L/yr - ₹2.4 L/yr
Area Manager Salary
(20 salaries)
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₹3.35 L/yr - ₹5 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹3.4 L/yr - ₹4.4 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for Muthoot Mercantile

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 25 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing good about this FAKE company

Dislikes

... of Muthoot Finance and Fincorp by Lying to customers as they are not the same . They don't even stationary budget staff have to pay for it . AC have timers from KERALA which get off . Over all Management don't know to work they work like unorganized sector. As a gold loan company they don't have proper packet to pack they are so cheap they recycle packet 4 times and wrap gold in newspaper which is below standard company even jewelers pack in Ziplock bag . SO OVER ALL FAKE COMAPNY NO PF NO INSURANCE TO STAFF AND LOTS OF DEDUCTION SO BEAWARE BEFORE JOINING FOR ANY THING YOU ARE LIABLE .

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 Jul 2024

1.0
 for  Salary and Benefits

Likes

As soon as possible muthoot mercantile should be closed

Dislikes

Salary not proper,salary slip not get,management worst people,HR not responsible,salary not get time..muthoot mercantile branch plz visit u feel ur come to govt death hospital room,TA/DA not proper..whenever visit to staff plz watch them face..sad & nervous..don't join muthoot mercantile.plz join swiggy,zomato better then muthoot mercantile

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 13 Mar 2024

1.0
 for  Salary and Benefits

Likes

No thing, everything is Worst

Dislikes

Bad experience, No PF deduction, Every month Salary God deduction without any reason and eny explanation, No Job security, Company not have any Ethics and rules like Corporate, Worst experience of my life.

read more
  • Salary - Bad
  • +6 more

Gold Loan Department

1.0
  •  posted on 29 Jul 2020

1.0
 for  Salary and Benefits

Likes

they are not supporting there employees . they not pay any amount during lockdown period .they are not trust there employees . if any fraud happen in any branch by other person they are recover money from there employees and after recover money they are terminated the all staff . employee prove that yourself as a inocent person but employer are not listening to employee.

read more

Dislikes

unprofessional work type. not pay office expense many office expenses pay by himself . if any miscound found they not investigating that what is incident happen they are not supporting there staff and terminated the staff. they are not give to time to explain yourself and prove yourself even after termination they are not pickup your phone call and not reply your mail .

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Oct 2024

4.0
 for  Salary and Benefits

Likes

Good working atmosphere and very good work culture. We have a very dynamic and flamboyant MD and we have full faith and belief in the Management. There is not much pressure compared to Banks. I have worked in Banks for 22 years. Get good exposure and job satisfaction.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing in particular as such. Need little more support and coordination from Head Office. Need vendor approvals etc on time. Not got TA, but I am sure things will be sorted out. Overall a Wonderful Place to Work. Good work life balance too.

read more
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Muthoot Mercantile Branch Head Salary FAQs

What is the salary of Branch Head at Muthoot Mercantile?
Branch Head salary at Muthoot Mercantile in India ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 25 years. According to our estimates it is 70% less than the average Branch Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Mercantile India.
How does the salary of a Branch Head at Muthoot Mercantile India compare with the average salary range for this job?
The average salary of a Branch Head at Muthoot Mercantile is 70% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Mercantile to a Branch Head in India?
  • HDB Financial Services Branch Head Salary - ₹4.5 Lakhs to ₹13.5 Lakhs per year
  • Poonawalla Finance Branch Head Salary - ₹4.5 Lakhs to ₹11.5 Lakhs per year
  • Sewa Grih Rin Branch Head Salary - ₹6.7 Lakhs to ₹7.8 Lakhs per year
  • Edelweiss Branch Head Salary - ₹3.6 Lakhs to ₹12.1 Lakhs per year
  • Reliance Capital Branch Head Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year
What is the salary of a Branch Head in companies similar to Muthoot Mercantile in India?
  • Cholamandalam Investment & Finance Branch Head Salary - ₹4.1 Lakhs to ₹8.0 Lakhs per year
  • L&T Finance Branch Head Salary - ₹3.1 Lakhs to ₹8.8 Lakhs per year
  • Bajaj Finance Branch Head Salary - ₹2.7 Lakhs to ₹9.0 Lakhs per year
  • Mahindra Finance Branch Head Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
  • Square Capital Advisory Services Branch Head Salary - ₹3.5 Lakhs to ₹7.8 Lakhs per year
What is the estimated take home salary of a Branch Head at Muthoot Mercantile in India?
The estimated take-home salary of a Branch Head at Muthoot Mercantile ranges between ₹23,105 per month to ₹24,572 per month in India. The take-home salary calculation is based on the average Muthoot Mercantile Branch Head salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 25 years. Check how did we calculate take home salary?
What is the notice period for Branch Head at Muthoot Mercantile?
According to AmbitionBox, 67% of the Muthoot Mercantile Branch Heads reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Mercantile Branch Head salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.