Muthoot Microfin Kottayam Branch Manager Salaries by 4 Employees

4 - 8 years exp.

₹2.5 Lakhs - ₹3.6 Lakhs

Salary of majority employees

56% less than the average Branch Manager Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Manager Salary 6 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr
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Finance & Accounting Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 1 Aug 2024

Companies similar to Muthoot Microfin for Branch Manager in Kottayam

Muthoot Microfin Branch Manager Salary

4 - 8 years exp. (4 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
CSB Bank Branch Manager Salary 7 - 18 years exp. (16 salaries)	₹5.3 L/yr - ₹17.9 L/yr 237% more
ESAF Small Finance Bank Branch Manager Salary 6 - 14 years exp. (8 salaries)	₹5.1 L/yr - ₹9.6 L/yr 127% more
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Indostar Capital Finance Branch Manager Salary 9 - 12 years exp. (6 salaries)	₹5 L/yr - ₹6.3 L/yr 55% more
South Indian Bank Branch Manager Salary 11 - 14 years exp. (4 salaries)	₹12 L/yr - ₹17 L/yr 351% more
George Oakes Branch Manager Salary 7 - 14 years exp. (4 salaries)	₹2.4 L/yr - ₹10 L/yr 100% more

Branch Manager salary at Muthoot Microfin ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Branch Manager salaries in Kottayam

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 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

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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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

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Muthoot Microfin Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Microfin in Kottayam?

The average salary of a Branch Manager at Muthoot Microfin in Kottayam typically ranges from ₹2.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Branch Manager in Kottayam at Muthoot Microfin earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 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 4 Muthoot Microfin employees in India.

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

The estimated take-home salary of a Branch Manager at Muthoot Microfin in Kottayam typically ranges from ₹25,734 to ₹27,162 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 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 in Kottayam?

To be a Branch Manager at Muthoot Microfin in Kottayam, 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?

South Indian Bank	₹12.0 Lakhs to ₹17.0 Lakhs per year
CSB Bank	₹5.3 Lakhs to ₹17.9 Lakhs per year
ESAF Small Finance Bank	₹5.1 Lakhs to ₹9.6 Lakhs per year
George Oakes	₹2.4 Lakhs to ₹10.0 Lakhs per year
Indostar Capital Finance	₹5.0 Lakhs to ₹6.3 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.

How the salary growth look like for a Branch Manager at Muthoot Microfin in Kottayam?

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

Experience	Average Salary Range
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Muthoot Microfin Branch Manager Salaries in Kottayam

Muthoot Microfin Branch Manager salary in Kottayam ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.