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Muthoot Mercantile Branch Manager salaries in Mumbai

Annual salary range
6 - 12 years exp.
₹3.3 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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68% less than the average Branch Manager Salary in NBFC Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.5 L/yr

Last Updated: 23 Aug 2024

Companies similar to Muthoot Mercantile for Branch Manager in Mumbai

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Muthoot Mercantile Branch Manager Salary

6 - 12 years exp. (4 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Branch Manager Salary

5 - 20 years exp. (230 salaries)

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₹6 L/yr - ₹24.9 L/yr

arrow icon 313% more
1 job opening
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Kotak Mahindra Bank Branch Manager Salary

7 - 21 years exp. (138 salaries)

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₹7.5 L/yr - ₹25.6 L/yr

arrow icon 423% more
1 job opening
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Yes Bank Branch Manager Salary

7 - 19 years exp. (80 salaries)

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₹6.2 L/yr - ₹26 L/yr

arrow icon 331% more
10 job openings
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IndusInd Bank Branch Manager Salary

7 - 20 years exp. (76 salaries)

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₹7.5 L/yr - ₹23.7 L/yr

arrow icon 287% more
10 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (51 salaries)

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₹6.7 L/yr - ₹28 L/yr

arrow icon 358% more
4 job openings
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South Indian Bank Branch Manager Salary

7 - 12 years exp. (3 salaries)

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₹10.5 L/yr - ₹18.5 L/yr

arrow icon 355% more
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Edelweiss Branch Manager Salary

5 - 12 years exp. (10 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 130% more
1 job opening
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₹3.6 L/yr - ₹6.2 L/yr

arrow icon 48% more
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CENTRUM MICROCREDIT Branch Manager Salary

2 - 10 years exp. (7 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 5% more
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₹4.5 L/yr - ₹5.7 L/yr

arrow icon 49% more
Branch Manager salary at Muthoot Mercantile ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Branch Manager in Mumbai

4mo ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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8 years exp.
1y ago
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6 years exp.

Experience wise Muthoot Mercantile Branch Manager salaries in Mumbai

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Muthoot Mercantile

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₹2.15 L/yr - ₹3 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

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

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

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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.

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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.

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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 .

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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.

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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 Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Mercantile Mumbai?
Branch Manager salary at Muthoot Mercantile in Mumbai ranges between ₹3.3 Lakhs to ₹4.5 Lakhs for experience between 6 years to 12 years. According to our estimates it is 68% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Mercantile Mumbai.
How does the salary of a Branch Manager at Muthoot Mercantile Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at Muthoot Mercantile is 68% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Muthoot Mercantile?
Branch Management, Branch Operations, Gold Loan, Branch Sales and Customer Service are some of the popular skills required to work as a Branch Manager at Muthoot Mercantile Mumbai.
Which similar companies are paying more than Muthoot Mercantile to a Branch Manager in Mumbai?
  • Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹6.7 Lakhs to ₹28.0 Lakhs per year
  • South Indian Bank Branch Manager Salary - ₹10.5 Lakhs to ₹18.5 Lakhs per year
  • Yes Bank Branch Manager Salary - ₹6.2 Lakhs to ₹26.0 Lakhs per year
  • ICICI Bank Branch Manager Salary - ₹6.0 Lakhs to ₹24.9 Lakhs per year
What is the salary of a Branch Manager in companies similar to Muthoot Mercantile in Mumbai?
  • IndusInd Bank Branch Manager Salary - ₹7.5 Lakhs to ₹23.7 Lakhs per year
  • Edelweiss Branch Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
  • Anand Rathi Global Finance Branch Manager Salary - ₹4.5 Lakhs to ₹5.7 Lakhs per year
  • Square Capital Advisory Services Branch Manager Salary - ₹3.6 Lakhs to ₹6.2 Lakhs per year
  • CENTRUM MICROCREDIT Branch Manager Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at Muthoot Mercantile in Mumbai?
The estimated take-home salary of a Branch Manager at Muthoot Mercantile ranges between ₹25,184 per month to ₹26,620 per month in Mumbai. The take-home salary calculation is based on the average Muthoot Mercantile Branch Manager salary in India which ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Muthoot Mercantile in Mumbai?
According to AmbitionBox, 60% of the Muthoot Mercantile Branch Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Mercantile Branch Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹4.5 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.