Muthoot Microfin Branch Manager Salaries by 8 Employees (Updated 2025)

3 - 10 years exp.

₹2.7 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Branch Manager Salary in NBFC Companies for 3 - 10 years of experience

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Last Updated: 11 Oct 2024

Companies similar to Muthoot Microfin for Branch Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 5 - 23 years exp. (135 salaries)	₹7.3 L/yr - ₹30 L/yr 335% more	5 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (191 salaries)	₹7.1 L/yr - ₹25 L/yr 336% more
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Axis Bank Branch Manager Salary 10 - 20 years exp. (18 salaries)	₹8 L/yr - ₹19.5 L/yr 361% more	1 job opening
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (75 salaries)	₹7.5 L/yr - ₹25 L/yr 343% more	1 job opening
IndusInd Bank Branch Manager Salary 6 - 19 years exp. (116 salaries)	₹5.5 L/yr - ₹21 L/yr 247% more	16 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 19 years exp. (119 salaries)	₹6.2 L/yr - ₹25 L/yr 260% more	6 job openings
Yes Bank Branch Manager Salary 8 - 19 years exp. (55 salaries)	₹7.5 L/yr - ₹25 L/yr 354% more	3 job openings
Tata Capital Branch Manager Salary 5 - 10 years exp. (19 salaries)	₹3.4 L/yr - ₹6 L/yr 12% more	3 job openings
Bajaj Finserv Branch Manager Salary 3 - 8 years exp. (10 salaries)	₹3.4 L/yr - ₹6.7 L/yr 58% more
Mahindra Finance Branch Manager Salary 4 - 14 years exp. (33 salaries)	₹2.2 L/yr - ₹9.1 L/yr 56% more
L&T Finance Branch Manager Salary 3 - 9 years exp. (21 salaries)	₹3 L/yr - ₹5.5 L/yr 17% more
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Aditya Birla Finance Branch Manager Salary 6 - 12 years exp. (9 salaries)	₹3.7 L/yr - ₹7.7 L/yr 92% more
Sundaram Finance Branch Manager Salary 9 - 15 years exp. (16 salaries)	₹6 L/yr - ₹10.6 L/yr 106% more
Muthoot Finance Branch Manager Salary 2 - 18 years exp. (54 salaries)	₹3 L/yr - ₹7.5 L/yr 36% more	2 job openings
Manappuram Finance Branch Manager Salary 1 - 8 years exp. (10 salaries)	₹2.6 L/yr - ₹5.3 L/yr 8% more
Cholamandalam Investment & Finance Branch Manager Salary 5 - 12 years exp. (12 salaries)	₹2.8 L/yr - ₹8.9 L/yr 70% more	2 job openings
IIFL Finance Branch Manager Salary 2 - 15 years exp. (198 salaries)	₹2.8 L/yr - ₹7.8 L/yr 46% more	3 job openings
Muthoot Fincorp Branch Manager Salary 3 - 15 years exp. (92 salaries)	₹2 L/yr - ₹6.3 L/yr 15% more	1 job opening
Mahindra Rural Housing Finance Branch Manager Salary 3 - 13 years exp. (101 salaries)	₹2 L/yr - ₹8 L/yr 43% more
HDB Financial Services Branch Manager Salary 6 - 18 years exp. (96 salaries)	₹4.7 L/yr - ₹13 L/yr 155% more	20 job openings

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Branch Manager salary at Muthoot Microfin ranges between ₹2.7 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Branch Manager salaries in Sales & Business Development department

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Area Manager Salary

(57 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Credit Manager Salary

(10 salaries)

₹2 L/yr - ₹2.88 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(32 salaries)

₹3 L/yr - ₹7.88 L/yr

Chief Manager Salary

(20 salaries)

₹8.4 L/yr - ₹19 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Branch Manager Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹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

2.7

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (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 my previous org.

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Muthoot Microfin Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Microfin in Sales & Business Development department?

Branch Manager salary at Muthoot Microfin in Sales & Business Development department in India ranges between ₹2.7 Lakhs to ₹4.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 59% less than the average Branch Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Microfin India in Sales & Business Development department.

How does the salary of a Branch Manager at Muthoot Microfin India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Branch Manager at Muthoot Microfin in Sales & Business Development department is 59% 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 Sales & Business Development department in India?

Axis Bank Branch Manager Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Yes Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹7.1 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹7.3 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Branch Manager in Sales & Business Development department in companies similar to Muthoot Microfin in India?

IDFC FIRST Bank Branch Manager Salary - ₹6.2 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year
HDB Financial Services Branch Manager Salary - ₹4.7 Lakhs to ₹13.0 Lakhs per year
Jana Small Finance Bank Branch Manager Salary - ₹4.4 Lakhs to ₹14.8 Lakhs per year
Utkarsh Small Finance Bank Branch Manager Salary - ₹3.9 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Branch Manager in Sales & Business Development department at Muthoot Microfin in India?

The estimated take-home salary of a Branch Manager in Sales & Business Development department at Muthoot Microfin ranges between ₹28,375 per month to ₹29,764 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Branch Manager salary in India which ranges between ₹2.7 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager in Sales & Business Development department at Muthoot Microfin?

According to AmbitionBox, 56% of the Muthoot Microfin Branch Managers in Sales & Business Development department reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Branch Manager Salaries by Location

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Muthoot Microfin Branch Manager Salaries

Muthoot Microfin Branch Manager salary in Sales & Business Development department in India ranges between ₹2.7 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Branch Manager salaries in Sales & Business Development in India

Companies similar to Muthoot Microfin for Branch Manager in Sales & Business Development department

Latest annual salaries shared by Muthoot Microfin Branch Manager in Sales & Business Development department

Experience wise Muthoot Microfin Branch Manager salaries in Sales & Business Development department

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

Tell us how to improve this page.

Muthoot Microfin Branch Manager Salaries by Location