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Muthoot Microfin Branch Manager salaries in India (Updated 2025)

Annual salary range
3 - 10 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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63% less than the average Branch Manager Salary in NBFC Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
3 - 9 years exp. (24 salaries)
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₹2 L/yr - ₹4 L/yr

Finance & Accounting
Branch Manager Salary
3 - 8 years exp. (24 salaries)
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₹2.2 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Branch Manager Salary
3 - 8 years exp. (15 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

Sales & Business Development
Branch Manager Salary
4 - 10 years exp. (8 salaries)
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₹2.7 L/yr - ₹4.5 L/yr

Marketing & Communication
Branch Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.1 L/yr

View all

Last Updated: 19 Mar 2025

Companies similar to Muthoot Microfin for Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.6k salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 331% more
18 job openings
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (2.3k salaries)

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₹5.4 L/yr - ₹23 L/yr

arrow icon 287% more
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Axis Bank Branch Manager Salary

8 - 22 years exp. (325 salaries)

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₹6.4 L/yr - ₹25 L/yr

arrow icon 344% more
4 job openings
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State Bank of India Branch Manager Salary

5 - 16 years exp. (291 salaries)

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₹9 L/yr - ₹31.4 L/yr

arrow icon 488% more
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹26 L/yr

arrow icon 371% more
1 job opening
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IndusInd Bank Branch Manager Salary

7 - 20 years exp. (840 salaries)

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₹6 L/yr - ₹22.8 L/yr

arrow icon 295% more
15 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (629 salaries)

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₹6.2 L/yr - ₹26.4 L/yr

arrow icon 349% more
4 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (650 salaries)

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₹6 L/yr - ₹23.5 L/yr

arrow icon 323% more
3 job openings
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Punjab National Bank Branch Manager Salary

6 - 12 years exp. (25 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 237% more
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Bank of Baroda Branch Manager Salary

9 - 15 years exp. (69 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 419% more
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Canara Bank Branch Manager Salary

7 - 15 years exp. (127 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 323% more
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Union Bank of India Branch Manager Salary

6 - 12 years exp. (97 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 334% more
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Indian Overseas Bank Branch Manager Salary

8 - 11 years exp. (34 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 349% more
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Bank of India Branch Manager Salary

5 - 12 years exp. (80 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 290% more
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Central Bank of India Branch Manager Salary

5 - 12 years exp. (44 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 257% more
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Tata Capital Branch Manager Salary

3 - 10 years exp. (56 salaries)

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₹3.3 L/yr - ₹6.4 L/yr

arrow icon 36% more
1 job opening
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Bajaj Finserv Branch Manager Salary

2 - 9 years exp. (78 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 68% more
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Mahindra Finance Branch Manager Salary

3 - 13 years exp. (167 salaries)

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₹1.9 L/yr - ₹9 L/yr

arrow icon 45% more
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L&T Finance Branch Manager Salary

3 - 9 years exp. (217 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 34% more
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Aditya Birla Finance Branch Manager Salary

4 - 12 years exp. (13 salaries)

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₹5.2 L/yr - ₹8.7 L/yr

arrow icon 103% more
View all
Branch Manager salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 108 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Branch Manager

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Experience wise Muthoot Microfin Branch Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
3 years  (14 salaries)

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₹2 L/yr - ₹3.6 L/yr
4 years  (29 salaries)

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₹2 L/yr - ₹4.2 L/yr
5 years  (20 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
6 years  (19 salaries)

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₹2.2 L/yr - ₹4.3 L/yr
7 years  (14 salaries)

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₹2.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Muthoot Microfin

Area Manager Salary
(56 salaries)
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₹2.15 L/yr - ₹5.55 L/yr
Credit Manager Salary
(9 salaries)
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₹2.2 L/yr - ₹2.88 L/yr
Sales Manager Salary
(6 salaries)
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₹1.84 L/yr - ₹3.19 L/yr
Branch Head Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 L/yr
Chief Manager Salary
(20 salaries)
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₹8.4 L/yr - ₹19 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹3 L/yr - ₹4 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Top skills at Muthoot Microfin for Branch Manager

Branch Management Team Handling Branch Operations Operations Management Client Acquisition Communication Skills Microfinance Branch Handling Product Quality Emergency Response Rural Sales rural banking Law Enforcement

Salary related reviews for Muthoot Microfin

3.9

Rated by 49 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 29 Dec 2024

4.0
 for  Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

read more
  • Salary - Good
  • +3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

read more
  • Work satisfaction - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 21 Jun 2023

1.0
 for  Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

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Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

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  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Dec 2022

1.0
 for  Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

  • Job security - Good
  • +2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

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  • Salary - Bad
  • +2 more

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

read more
  • Promotions - Bad
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Muthoot Microfin Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Microfin ?
The average salary of a Branch Manager at Muthoot Microfin in India typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Branch Manager at Muthoot Microfin earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. 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 100+ Muthoot Microfin employees in India.
What is the estimated take home salary of a Branch Manager at Muthoot Microfin in India?
The estimated take-home salary of a Branch Manager at Muthoot Microfin in India typically ranges from ₹24,878 to ₹26,318 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 10 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 100+ salaries received from various employees of Muthoot Microfin. 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 Microfin ?
To be a Branch Manager at Muthoot Microfin in india, the key skills required include:

  • - Branch Management
  • - Team Handling
  • - Branch Operations
  • - Operations Management
  • - Client Acquisition

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Microfin for Branch Manager in India?
State Bank of India ₹9.0 Lakhs to ₹31.4 Lakhs per year
Bank of Baroda ₹8.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank ₹7.0 Lakhs to ₹26.0 Lakhs per year
Indian Overseas Bank ₹8.0 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank ₹6.2 Lakhs to ₹26.4 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 Branch Manager in companies similar to Muthoot Microfin in India?
The salary of a 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:

Axis Bank ₹6.4 Lakhs to ₹25.0 Lakhs per year
Union Bank of India ₹7.0 Lakhs to ₹24.0 Lakhs per year
HDFC Bank ₹6.5 Lakhs to ₹23.0 Lakhs per year
Yes Bank ₹6.0 Lakhs to ₹23.5 Lakhs per year
Canara Bank ₹6.0 Lakhs to ₹21.0 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 Microfin in India?
The salary growth for a Branch Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
3 years ₹2.0 Lakhs to ₹3.6 Lakhs per year
4 years ₹2.0 Lakhs to ₹4.2 Lakhs per year
5 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
6 years ₹2.2 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Microfin Branch Manager salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 108 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.