Muthoot Mercantile Branch Manager Salaries by 90+ Employees (Updated 2025)

5 - 14 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Salary of majority employees

60% less than the average Branch Manager Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 5 - 14 years exp. (28 salaries)	₹2.4 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Branch Manager Salary 5 - 14 years exp. (18 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Finance & Accounting Branch Manager Salary 5 - 13 years exp. (15 salaries)	₹2.8 L/yr - ₹5 L/yr
Sales & Business Development Branch Manager Salary 6 - 14 years exp. (11 salaries)	₹3 L/yr - ₹4.8 L/yr
Marketing & Communication Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr

Last Updated: 16 Mar 2025

Companies similar to Muthoot Mercantile for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Sewa Grih Rin Branch Manager Salary 3 - 12 years exp. (28 salaries)	₹3.4 L/yr - ₹7.2 L/yr 52% more
Yogakshemam Loans Branch Manager Salary 2 - 12 years exp. (21 salaries)	₹1.8 L/yr - ₹4 L/yr 17% less
Login to view exact salary
Square Capital Advisory Services Branch Manager Salary 2 - 10 years exp. (20 salaries)	₹3.6 L/yr - ₹7.1 L/yr 49% more
Hindusthan Microfinance Branch Manager Salary 6 - 11 years exp. (19 salaries)	₹3 L/yr - ₹4.7 L/yr 2% less
Bell Finvest Branch Manager Salary 4 - 10 years exp. (14 salaries)	₹2.8 L/yr - ₹4.5 L/yr 4% less
CENTRUM MICROCREDIT Branch Manager Salary 2 - 10 years exp. (11 salaries)	₹2.5 L/yr - ₹4.5 L/yr 4% less
Indian School Finance Company Branch Manager Salary 7 - 15 years exp. (8 salaries)	₹5.3 L/yr - ₹9 L/yr 75% more
Paisalo Digital Branch Manager Salary 3 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹3.6 L/yr 20% less
National Trust Housing Finance Branch Manager Salary 11 - 18 years exp. (6 salaries)	₹4.5 L/yr - ₹7.4 L/yr 61% more
Anand Rathi Global Finance Branch Manager Salary 3 - 13 years exp. (6 salaries)	₹4 L/yr - ₹5.7 L/yr 40% more
Poonawalla Finance Branch Manager Salary 6 - 11 years exp. (6 salaries)	₹5.8 L/yr - ₹9 L/yr 97% more
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Arman Financial Services Branch Manager Salary 4 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹4.1 L/yr 14% less
Shikhar Microfinance Branch Manager Salary 5 - 9 years exp. (5 salaries)	₹1.8 L/yr - ₹3.1 L/yr 29% less
Sustainable Agro-commercial Finance Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹5.1 L/yr - ₹7 L/yr 65% more
Mangal Credit And Fincorp Branch Manager Salary 6 - 13 years exp. (4 salaries)	₹5.3 L/yr - ₹7 L/yr 62% more
CEEJAY FINANCE Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr 13% more
Pooja Finelease Branch Manager Salary 5 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 45% less
Conatus Finserve Branch Manager Salary 8 - 13 years exp. (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr 13% more

Branch Manager salary at Muthoot Mercantile ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 91 latest salaries received from various employees of Muthoot Mercantile.

Experience wise Muthoot Mercantile Branch Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
5 years (14 salaries)	₹2.4 L/yr - ₹4.5 L/yr
6 years (17 salaries)	₹2.6 L/yr - ₹4.5 L/yr
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7 years (9 salaries)	₹3.2 L/yr - ₹5 L/yr
8 years (10 salaries)	₹2.9 L/yr - ₹4.5 L/yr
9 years (11 salaries)	₹2.2 L/yr - ₹4.8 L/yr
10 years (8 salaries)	₹2.8 L/yr - ₹5 L/yr
11 years (5 salaries)	₹3 L/yr - ₹4.2 L/yr
12 years (6 salaries)	₹3 L/yr - ₹4 L/yr
13 years (6 salaries)	₹2.5 L/yr - ₹4 L/yr
14 years (5 salaries)	₹2.5 L/yr - ₹4 L/yr

View all

From

Branch Manager

5 - 14 years exp.

Area Manager

6 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Mercantile

Area Manager Salary

(21 salaries)

₹3.35 L/yr - ₹5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Incharge Salary

(7 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Branch Head Salary

(4 salaries)

₹1.8 L/yr - ₹4 L/yr

Deputy Manager Salary

(3 salaries)

₹3 L/yr - ₹4.1 L/yr

Branch Sales Manager Salary

(3 salaries)

₹3.4 L/yr - ₹4.4 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Relationship Manager Salary

(3 salaries)

₹1.5 L/yr - ₹3.7 L/yr

Assistant Branch Manager Salary

(23 salaries)

₹2 L/yr - ₹3.2 L/yr

Top skills at Muthoot Mercantile for Branch Manager

Branch Management Branch Operations Gold Loan Branch Sales Customer Service Heading Branch NBFC Leadership Target Achievement Sales Planning Team Handling Channel Sales Coordination Skills Team Motivation Communication Skills

Salary related reviews for Muthoot Mercantile

3.3

Rated by 37 employees for salary & benefits

Operations Manager in Mumbai Suburban

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 .

Salary - Bad

+6 more

Gold Loan Auditor in Mumbai

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

Salary - Bad

+6 more

Gold Inspector in Mumbai

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.

Salary - Bad

+6 more

Clerk in Nawada Branch Delhi

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.

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 .

Salary - Bad

+6 more

Regional Manager in Ludhiana

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Mercantile Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Mercantile ?

The average salary of a Branch Manager at Muthoot Mercantile in India typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Branch Manager at Muthoot Mercantile earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch Manager Salaries at Muthoot Mercantile 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 90+ Muthoot Mercantile employees in India.

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

The estimated take-home salary of a Branch Manager at Muthoot Mercantile in India typically ranges from ₹26,799 to ₹28,211 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 14 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 90+ salaries received from various employees of Muthoot Mercantile. 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 Muthoot Mercantile ?

To be a Branch Manager at Muthoot Mercantile in india, the key skills required include:

- Branch Management
- Branch Operations
- Gold Loan
- Branch Sales
- Customer Service

These skills are highly valued at Muthoot Mercantile and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Mercantile for Branch Manager in India?

Poonawalla Finance	₹5.8 Lakhs to ₹9.0 Lakhs per year
Indian School Finance Company	₹5.3 Lakhs to ₹9.0 Lakhs per year
Sustainable Agro-commercial Finance	₹5.1 Lakhs to ₹7.0 Lakhs per year
Mangal Credit And Fincorp	₹5.3 Lakhs to ₹7.0 Lakhs per year
National Trust Housing Finance	₹4.5 Lakhs to ₹7.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Mercantile, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Muthoot Mercantile in India?

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

Sewa Grih Rin	₹3.4 Lakhs to ₹7.2 Lakhs per year
Square Capital Advisory Services	₹3.6 Lakhs to ₹7.1 Lakhs per year
Anand Rathi Global Finance	₹4.0 Lakhs to ₹5.7 Lakhs per year
CEEJAY FINANCE	₹3.6 Lakhs to ₹4.5 Lakhs per year
Conatus Finserve	₹3.5 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 Branch Manager at Muthoot Mercantile in India?

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

Experience	Average Salary Range
5 years	₹2.4 Lakhs to ₹4.5 Lakhs per year
6 years	₹2.6 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.2 Lakhs to ₹5.0 Lakhs per year
8 years	₹2.9 Lakhs to ₹4.5 Lakhs per year

and so on.

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Muthoot Mercantile Branch Manager Salaries

Muthoot Mercantile Branch Manager salary in India ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 91 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.