Muthoot Microfin Branch Manager Salaries by 100+ Employees (Updated 2025)

1 - 10 years exp.

₹2 Lakhs - ₹4.6 Lakhs

Salary of majority employees

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62% less than the average Branch Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 1 - 9 years exp. (29 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
Finance & Accounting Branch Manager Salary 1 - 8 years exp. (27 salaries)	Unlock ₹2.2 L/yr - ₹4.6 L/yr
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Customer Success, Service & Operations Branch Manager Salary 1 - 8 years exp. (17 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr
Sales & Business Development Branch Manager Salary 3 - 10 years exp. (8 salaries)	Unlock ₹2.7 L/yr - ₹4.5 L/yr
Marketing & Communication Branch Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹4.1 L/yr

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Last Updated: 25 Feb 2025

Companies similar to Muthoot Microfin for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	Unlock ₹6.5 L/yr - ₹23 L/yr 327% more	5 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	Unlock ₹5.4 L/yr - ₹23 L/yr 283% more
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Axis Bank Branch Manager Salary 8 - 22 years exp. (322 salaries)	Unlock ₹6 L/yr - ₹24 L/yr 331% more	2 job openings
State Bank of India Branch Manager Salary 5 - 16 years exp. (289 salaries)	Unlock ₹8 L/yr - ₹33.4 L/yr 468% more
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	Unlock ₹7 L/yr - ₹25.6 L/yr 363% more	1 job opening
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (1.1k salaries)	Unlock ₹6.1 L/yr - ₹24.9 L/yr 325% more	17 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (630 salaries)	Unlock ₹6.3 L/yr - ₹26 L/yr 344% more	7 job openings
Yes Bank Branch Manager Salary 7 - 19 years exp. (649 salaries)	Unlock ₹6 L/yr - ₹22.9 L/yr 320% more	3 job openings
Punjab National Bank Branch Manager Salary 3 - 14 years exp. (46 salaries)	Unlock ₹5.8 L/yr - ₹20 L/yr 263% more
Bank of Baroda Branch Manager Salary 6 - 15 years exp. (131 salaries)	Unlock ₹7 L/yr - ₹25 L/yr 394% more
Canara Bank Branch Manager Salary 7 - 15 years exp. (123 salaries)	Unlock ₹6 L/yr - ₹21 L/yr 316% more
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Union Bank of India Branch Manager Salary 6 - 12 years exp. (99 salaries)	Unlock ₹6 L/yr - ₹24 L/yr 334% more
Indian Overseas Bank Branch Manager Salary 8 - 11 years exp. (34 salaries)	Unlock ₹8 L/yr - ₹20 L/yr 345% more
Bank of India Branch Manager Salary 3 - 12 years exp. (78 salaries)	Unlock ₹6.5 L/yr - ₹22 L/yr 262% more
Central Bank of India Branch Manager Salary 5 - 12 years exp. (44 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 253% more
Tata Capital Branch Manager Salary 3 - 10 years exp. (57 salaries)	Unlock ₹3.3 L/yr - ₹7.9 L/yr 37% more	3 job openings
Bajaj Finserv Branch Manager Salary 2 - 10 years exp. (79 salaries)	Unlock ₹3.2 L/yr - ₹9.6 L/yr 80% more
Mahindra Finance Branch Manager Salary 3 - 14 years exp. (163 salaries)	Unlock ₹2.1 L/yr - ₹9.1 L/yr 52% more
L&T Finance Branch Manager Salary 3 - 9 years exp. (220 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 31% more
Aditya Birla Finance Branch Manager Salary 4 - 13 years exp. (14 salaries)	Unlock ₹3.7 L/yr - ₹8.7 L/yr 91% more

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Branch Manager salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 116 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Branch Manager

3d ago

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8 years exp.

1w ago

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7 years exp.

1w ago

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3 years exp.

2w ago

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7 years exp.

2w ago

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6 years exp.

3w ago

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6 years exp.

4w ago

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1 year exp.

1mo ago

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4 years exp.

1mo ago

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4 years exp.

1mo ago

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5 years exp.

Experience wise Muthoot Microfin Branch Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	Unlock ₹3.3 L/yr - ₹3.8 L/yr
2 years (5 salaries)	Unlock ₹2.9 L/yr - ₹6.2 L/yr
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3 years (15 salaries)	Unlock ₹2 L/yr - ₹3.6 L/yr
4 years (29 salaries)	Unlock ₹2 L/yr - ₹4.2 L/yr
5 years (19 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr
6 years (21 salaries)	Unlock ₹2.2 L/yr - ₹4.3 L/yr
7 years (14 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr
8 years (8 salaries)	Unlock ₹3 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹6.2 L/yr

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Similar Designation salaries in Muthoot Microfin

Area Manager Salary

(57 salaries)

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₹2.15 L/yr - ₹5.55 L/yr

Credit Manager Salary

(10 salaries)

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₹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

(32 salaries)

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₹3 L/yr - ₹7.88 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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₹3.8 L/yr - ₹4.8 L/yr

Senior Branch Manager Salary

(4 salaries)

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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 48 employees for salary & benefits

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.

Branch Relationship Manager Operation in Bijnor

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.

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

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

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

Dislikes

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

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

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.

Salary - Bad

+2 more

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Microfin Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Microfin?

Branch Manager salary at Muthoot Microfin in India ranges between ₹2.0 Lakhs to ₹4.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 62% less than the average Branch Manager Salary in India. Salary estimates are based on 116 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a Branch Manager at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Branch Manager at Muthoot Microfin is 62% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Muthoot Microfin?

Branch Management, Team Handling, Branch Operations, Operations Management and Client Acquisition are some of the popular skills required to work as a Branch Manager at Muthoot Microfin India.

Which similar companies are paying more than Muthoot Microfin to a Branch Manager in India?

State Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
Indian Overseas Bank Branch Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year

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

Union Bank of India Branch Manager Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹6.1 Lakhs to ₹24.9 Lakhs per year
Yes Bank Branch Manager Salary - ₹6.0 Lakhs to ₹22.9 Lakhs per year

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 ranges between ₹25,140 per month to ₹26,576 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Branch Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Muthoot Microfin?

According to AmbitionBox, 53% of the Muthoot Microfin Branch Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 118 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Branch Manager Salaries

Muthoot Microfin Branch Manager salary in India ranges between ₹2 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 116 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Branch Manager salaries in India (Updated 2025)

Companies similar to Muthoot Microfin for Branch Manager

Latest annual salaries shared by Muthoot Microfin Branch Manager

Experience wise Muthoot Microfin Branch Manager salaries

Similar Designation salaries in Muthoot Microfin

Top skills at Muthoot Microfin for Branch Manager

Salary related reviews for Muthoot Microfin

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Relationship Officer (working remotely)

Muthoot Microfin Branch Manager Salary FAQs

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Muthoot Microfin Branch Manager Salaries by Location