Muthoot Microfin Assistant Branch Manager Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1.9 Lakh - ₹3.1 Lakhs

Salary of majority employees

47% less than the average Assistant Branch Manager Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 1 - 5 years exp. (9 salaries)	₹2 L/yr - ₹2.8 L/yr
Finance & Accounting Assistant Branch Manager Salary 3 - 5 years exp. (5 salaries)	₹1.9 L/yr - ₹3.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Assistant Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.8 L/yr
Sales & Business Development Assistant Branch Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.8 L/yr

Last Updated: 12 Feb 2025

Companies similar to Muthoot Microfin for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Branch Manager Salary 3 - 16 years exp. (186 salaries)	₹2.4 L/yr - ₹7 L/yr 78% more
Manappuram Finance Assistant Branch Manager Salary 0 - 4 years exp. (149 salaries)	₹1.1 L/yr - ₹4 L/yr 9% less
Login to view exact salary
Muthoot Fincorp Assistant Branch Manager Salary 3 - 8 years exp. (143 salaries)	₹1.8 L/yr - ₹5 L/yr 16% more
CreditAccess Grameen Assistant Branch Manager Salary 3 - 8 years exp. (121 salaries)	₹1.9 L/yr - ₹4.8 L/yr 20% more
Shriram Finance Assistant Branch Manager Salary 3 - 9 years exp. (108 salaries)	₹1.8 L/yr - ₹5.5 L/yr 31% more
IIFL Finance Assistant Branch Manager Salary 2 - 9 years exp. (107 salaries)	₹2.3 L/yr - ₹6 L/yr 52% more
Annapurna Finance Assistant Branch Manager Salary 0 - 6 years exp. (92 salaries)	₹1.5 L/yr - ₹4.1 L/yr 16% more
SMFG India Credit Assistant Branch Manager Salary 3 - 9 years exp. (57 salaries)	₹1.9 L/yr - ₹4.6 L/yr 26% more
Bajaj Finance Assistant Branch Manager Salary 1 - 8 years exp. (50 salaries)	₹2.9 L/yr - ₹5.6 L/yr 60% more	1 job opening
Satin Creditcare Network Assistant Branch Manager Salary 2 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹3.6 L/yr 3% more
Svatantra Microfin Assistant Branch Manager Salary 2 - 5 years exp. (37 salaries)	₹2 L/yr - ₹3.5 L/yr 4% more
Login to view exact salary
Arohan Financial Services Assistant Branch Manager Salary 1 - 6 years exp. (35 salaries)	₹1.8 L/yr - ₹4.5 L/yr 12% more
Fusion Microfinance Assistant Branch Manager Salary 3 - 6 years exp. (29 salaries)	₹1.7 L/yr - ₹3.5 L/yr 8% less
IIFL SAMASTA Assistant Branch Manager Salary 2 - 7 years exp. (24 salaries)	₹1.6 L/yr - ₹3.6 L/yr 10% more
Asirvad Microfinance Assistant Branch Manager Salary 0 - 5 years exp. (23 salaries)	₹1.8 L/yr - ₹3.2 L/yr 10% less
Aye Finance Assistant Branch Manager Salary 4 - 11 years exp. (22 salaries)	₹3.1 L/yr - ₹5 L/yr 54% more
L&T Finance Assistant Branch Manager Salary 1 - 7 years exp. (21 salaries)	₹2.2 L/yr - ₹3.5 L/yr 2% less
Bharat Financial Inclusion Assistant Branch Manager Salary 0 - 5 years exp. (16 salaries)	₹2.1 L/yr - ₹4 L/yr 6% more
Veritas Finance Assistant Branch Manager Salary 1 - 7 years exp. (16 salaries)	₹2.8 L/yr - ₹4.5 L/yr 46% more
Spandana Sphoorty Financial Assistant Branch Manager Salary 1 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹2.8 L/yr 6% less

View all

Assistant Branch Manager salary at Muthoot Microfin ranges between ₹1.9 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 24 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Assistant Branch Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.6 L/yr
2 years (3 salaries)	₹2 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (9 salaries)	₹1.9 L/yr - ₹2.9 L/yr
4 years (6 salaries)	₹1.9 L/yr - ₹3.1 L/yr
5 years (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Senior Branch Manager Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Area Manager Salary

(59 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Salary related reviews for Muthoot Microfin

4.4

Rated by 6 employees for salary & benefits

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

Relationship Officer in Aluva

Operations Department

4.0

• posted on 21 May 2022

3.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

Skill development - Good

+4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Relationship Officer in Kundapura

Other Department

5.0

• posted on 19 Apr 2021

3.0

for Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

Salary - Bad

+4 more

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Muthoot Microfin?

Ask anonymously on communities.

Muthoot Microfin Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Microfin ?

The average salary of a Assistant Branch Manager at Muthoot Microfin in India typically ranges from ₹1.9 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Branch Manager at Muthoot Microfin earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Assistant Branch Manager Salaries at Muthoot Microfin 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 20+ Muthoot Microfin employees in India.

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

The estimated take-home salary of a Assistant Branch Manager at Muthoot Microfin in India typically ranges from ₹19,037 to ₹20,714 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 6 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 20+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance	₹2.9 Lakhs to ₹5.6 Lakhs per year
Aye Finance	₹3.1 Lakhs to ₹5.0 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year
Veritas Finance	₹2.8 Lakhs to ₹4.5 Lakhs per year

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

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

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

Mahindra Rural Housing Finance	₹2.6 Lakhs to ₹5.5 Lakhs per year
Shriram Finance	₹1.8 Lakhs to ₹5.5 Lakhs per year
HDB Financial Services	₹2.4 Lakhs to ₹4.9 Lakhs per year
Satin Finserv	₹2.8 Lakhs to ₹4.6 Lakhs per year
SMFG India Credit	₹1.9 Lakhs to ₹4.6 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 Assistant Branch Manager at Muthoot Microfin in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹4.7 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.9 Lakhs per year
4 years	₹1.9 Lakhs to ₹3.1 Lakhs per year

and so on.

Tell us how to improve this page.

Muthoot Microfin Assistant Branch Manager Salaries by Location

Home >
Salaries >
Muthoot Microfin Salaries >
Muthoot Microfin Assistant Branch Manager Salaries

Muthoot Microfin Assistant Branch Manager salary in India ranges between ₹1.9 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.