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Muthoot Microfin Branch Manager salaries in India (Updated 2025)

Annual salary range
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)
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₹2 L/yr - ₹4 L/yr

Finance & Accounting
Branch Manager Salary
1 - 8 years exp. (27 salaries)
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₹2.2 L/yr - ₹4.6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
1 - 8 years exp. (17 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

Sales & Business Development
Branch Manager Salary
3 - 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

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Last Updated: 25 Feb 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 327% more
5 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 283% more
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Axis Bank Branch Manager Salary

8 - 22 years exp. (322 salaries)

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₹6 L/yr - ₹24 L/yr

arrow icon 331% more
2 job openings
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State Bank of India Branch Manager Salary

5 - 16 years exp. (289 salaries)

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₹8 L/yr - ₹33.4 L/yr

arrow icon 468% more
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹25.6 L/yr

arrow icon 363% more
1 job opening
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IndusInd Bank Branch Manager Salary

6 - 22 years exp. (1.1k salaries)

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₹6.1 L/yr - ₹24.9 L/yr

arrow icon 325% more
17 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (630 salaries)

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₹6.3 L/yr - ₹26 L/yr

arrow icon 344% more
7 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (649 salaries)

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₹6 L/yr - ₹22.9 L/yr

arrow icon 320% more
3 job openings
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Punjab National Bank Branch Manager Salary

3 - 14 years exp. (46 salaries)

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₹5.8 L/yr - ₹20 L/yr

arrow icon 263% more
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Bank of Baroda Branch Manager Salary

6 - 15 years exp. (131 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 394% more
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Canara Bank Branch Manager Salary

7 - 15 years exp. (123 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 316% more
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Union Bank of India Branch Manager Salary

6 - 12 years exp. (99 salaries)

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₹6 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 345% more
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Bank of India Branch Manager Salary

3 - 12 years exp. (78 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 262% 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 253% more
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Tata Capital Branch Manager Salary

3 - 10 years exp. (57 salaries)

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₹3.3 L/yr - ₹7.9 L/yr

arrow icon 37% more
3 job openings
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Bajaj Finserv Branch Manager Salary

2 - 10 years exp. (79 salaries)

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₹3.2 L/yr - ₹9.6 L/yr

arrow icon 80% more
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Mahindra Finance Branch Manager Salary

3 - 14 years exp. (163 salaries)

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₹2.1 L/yr - ₹9.1 L/yr

arrow icon 52% more
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L&T Finance Branch Manager Salary

3 - 9 years exp. (220 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 31% more
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Aditya Birla Finance Branch Manager Salary

4 - 13 years exp. (14 salaries)

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₹3.7 L/yr - ₹8.7 L/yr

arrow icon 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

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Experience wise Muthoot Microfin Branch Manager salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹3.3 L/yr - ₹3.8 L/yr
2 years  (5 salaries)

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₹2.9 L/yr - ₹6.2 L/yr
3 years  (15 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  (19 salaries)

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₹2.2 L/yr - ₹4.5 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
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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
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Salary related reviews for Muthoot Microfin

3.9

Rated by 48 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

read more

Dislikes

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

read more
  • 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.

read more
  • 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
see more salary related reviews

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

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