Muthoot Microfin Chennai Branch Manager Salaries by 10 Employees (Updated 2025)

3 - 7 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Salary of majority employees

67% less than the average Branch Manager Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 3 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr
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Finance & Accounting Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.9 L/yr

Last Updated: 24 Oct 2024

Companies similar to Muthoot Microfin for Branch Manager in Chennai

Muthoot Microfin Branch Manager Salary

3 - 7 years exp. (10 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 6 - 22 years exp. (138 salaries)	₹6.3 L/yr - ₹27 L/yr 336% more	6 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (211 salaries)	₹5.7 L/yr - ₹20.9 L/yr 296% more
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State Bank of India Branch Manager Salary 5 - 15 years exp. (21 salaries)	₹7.5 L/yr - ₹27 L/yr 437% more
Kotak Mahindra Bank Branch Manager Salary 7 - 19 years exp. (37 salaries)	₹9 L/yr - ₹20 L/yr 345% more
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (57 salaries)	₹5.5 L/yr - ₹21 L/yr 286% more	41 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 19 years exp. (39 salaries)	₹6.9 L/yr - ₹28.6 L/yr 380% more	6 job openings
Yes Bank Branch Manager Salary 10 - 18 years exp. (17 salaries)	₹7.8 L/yr - ₹23 L/yr 327% more	4 job openings
Bank of Baroda Branch Manager Salary 6 - 13 years exp. (3 salaries)	₹10 L/yr - ₹18.5 L/yr 402% more
Canara Bank Branch Manager Salary 6 - 9 years exp. (9 salaries)	₹6 L/yr - ₹16 L/yr 297% more
Indian Overseas Bank Branch Manager Salary 8 - 11 years exp. (5 salaries)	₹8.3 L/yr - ₹20 L/yr 288% more
Bank of India Branch Manager Salary 5 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹16 L/yr 288% more
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Central Bank of India Branch Manager Salary 5 - 9 years exp. (3 salaries)	₹10.7 L/yr - ₹12.1 L/yr 223% more
Muthoot Finance Branch Manager Salary 2 - 17 years exp. (87 salaries)	₹2.4 L/yr - ₹7 L/yr 43% more	4 job openings
Manappuram Finance Branch Manager Salary 2 - 8 years exp. (32 salaries)	₹2 L/yr - ₹5 L/yr 9% more
Muthoot Fincorp Branch Manager Salary 3 - 15 years exp. (86 salaries)	₹1.9 L/yr - ₹5.5 L/yr 18% more	41 job openings
Shriram Finance Branch Manager Salary 4 - 13 years exp. (46 salaries)	₹3 L/yr - ₹9 L/yr 49% more
HDB Financial Services Branch Manager Salary 6 - 18 years exp. (41 salaries)	₹6.3 L/yr - ₹15 L/yr 185% more	17 job openings
Equitas Small Finance Bank Branch Manager Salary 5 - 15 years exp. (25 salaries)	₹3.5 L/yr - ₹15 L/yr 144% more
Mahindra Rural Housing Finance Branch Manager Salary 4 - 12 years exp. (25 salaries)	₹2.2 L/yr - ₹6.4 L/yr 56% more
Jana Small Finance Bank Branch Manager Salary 5 - 16 years exp. (22 salaries)	₹4.2 L/yr - ₹14.6 L/yr 144% more	2 job openings

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Branch Manager salary at Muthoot Microfin ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Branch Manager salaries in Chennai

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
4 years (3 salaries)	₹2.8 L/yr - ₹6.2 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹3 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.1 L/yr

Similar Designation salaries in Muthoot Microfin

Area Manager Salary

(4 salaries)

₹2.15 L/yr - ₹4.2 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

1.0

Rated by 1 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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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Branch Manager Salary FAQs

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

Branch Manager salary at Muthoot Microfin in Chennai ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 67% less than the average Branch Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Microfin Chennai.

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

The average salary of a Branch Manager at Muthoot Microfin is 67% less than the average salary of a Branch Manager in Chennai. 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 Chennai.

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

State Bank of India Branch Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹6.9 Lakhs to ₹28.6 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.3 Lakhs to ₹27.0 Lakhs per year

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

Yes Bank Branch Manager Salary - ₹7.8 Lakhs to ₹23.0 Lakhs per year
Canara Bank Branch Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.7 Lakhs to ₹20.9 Lakhs per year
Bank of India Branch Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Indian Overseas Bank Branch Manager Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Muthoot Microfin ranges between ₹25,010 per month to ₹26,448 per month in Chennai. The take-home salary calculation is based on the average Muthoot Microfin Branch Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Microfin Branch Managers in Chennai reported a notice period of 15 days or less, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Branch Manager Salaries in Chennai

Muthoot Microfin Branch Manager salary in Chennai ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.