Muthoot Microfin Senior Branch Manager Salaries by 5 Employees (Updated 2025)

4 - 7 years exp.

₹3 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

68% less than the average Senior Branch Manager Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

Finance & Accounting Senior Branch Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
BFSI, Investments & Trading Senior Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Sales & Business Development Senior Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Last Updated: 30 Nov 2023

Companies similar to Muthoot Microfin for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Senior Branch Manager Salary 9 - 14 years exp. (6 salaries)	₹3.2 L/yr - ₹3.8 L/yr 1% more
Satin Creditcare Network Senior Branch Manager Salary 6 - 11 years exp. (20 salaries)	₹2.9 L/yr - ₹4.9 L/yr 12% more
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Spandana Sphoorty Financial Senior Branch Manager Salary 4 - 12 years exp. (6 salaries)	₹3.3 L/yr - ₹5 L/yr 20% more
Equitas Small Finance Bank Senior Branch Manager Salary 8 - 16 years exp. (29 salaries)	₹4.8 L/yr - ₹15.5 L/yr 163% more
Jana Small Finance Bank Senior Branch Manager Salary 6 - 17 years exp. (34 salaries)	₹4.7 L/yr - ₹12.5 L/yr 157% more
Svatantra Microfin Senior Branch Manager Salary 4 - 9 years exp. (50 salaries)	₹3.3 L/yr - ₹5.4 L/yr 30% more
Annapurna Finance Senior Branch Manager Salary 5 - 11 years exp. (12 salaries)	₹3.5 L/yr - ₹6.2 L/yr 32% more
CreditAccess Grameen Senior Branch Manager Salary 7 - 15 years exp. (15 salaries)	₹3 L/yr - ₹6 L/yr 32% more
Muthoot Fincorp Senior Branch Manager Salary 5 - 16 years exp. (203 salaries)	₹3 L/yr - ₹7 L/yr 57% more
Shriram Finance Senior Branch Manager Salary 9 - 17 years exp. (112 salaries)	₹3.9 L/yr - ₹12 L/yr 109% more
Fusion Microfinance Senior Branch Manager Salary 4 - 9 years exp. (66 salaries)	₹2.8 L/yr - ₹5.2 L/yr 19% more
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SMFG India Credit Senior Branch Manager Salary 11 - 20 years exp. (46 salaries)	₹5.8 L/yr - ₹18 L/yr 311% more
IIFL Finance Senior Branch Manager Salary 7 - 17 years exp. (29 salaries)	₹4.3 L/yr - ₹8.5 L/yr 79% more
Arohan Financial Services Senior Branch Manager Salary 4 - 11 years exp. (29 salaries)	₹2.5 L/yr - ₹4.9 L/yr 12% more
L&T Finance Senior Branch Manager Salary 4 - 12 years exp. (14 salaries)	₹2.8 L/yr - ₹4.7 L/yr 27% more
HDB Financial Services Senior Branch Manager Salary 9 - 18 years exp. (14 salaries)	₹8.7 L/yr - ₹15.3 L/yr 208% more
Bajaj Finance Senior Branch Manager Salary 5 - 11 years exp. (16 salaries)	₹5.6 L/yr - ₹9 L/yr 116% more
Muthoot Finance Senior Branch Manager Salary 12 - 17 years exp. (11 salaries)	₹6.6 L/yr - ₹10.5 L/yr 104% more
Mahindra Rural Housing Finance Senior Branch Manager Salary 4 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹5.2 L/yr 41% more
IIFL SAMASTA Senior Branch Manager Salary 2 - 13 years exp. (5 salaries)	₹3.4 L/yr - ₹5 L/yr 26% more

View all

Senior Branch Manager salary at Muthoot Microfin ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Branch Manager salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
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6 years (3 salaries)	₹1.4 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

Similar Designation salaries in Muthoot Microfin

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Branch Manager Salary

(114 salaries)

₹2 L/yr - ₹4.5 L/yr

Assistant Branch Manager Salary

(24 salaries)

₹1.9 L/yr - ₹3.1 L/yr

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Area Manager Salary

(64 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹2.88 L/yr

Salary related reviews for Muthoot Microfin

3.7

Rated by 8 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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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 Senior Branch Manager Salary FAQs

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

Senior Branch Manager salary at Muthoot Microfin in India ranges between ₹3.0 Lakhs to ₹4.8 Lakhs for experience between 4 years to 7 years. According to our estimates it is 68% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Senior Branch Manager at Muthoot Microfin is 68% less than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.

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

SMFG India Credit Senior Branch Manager Salary - ₹5.8 Lakhs to ₹18.0 Lakhs per year
HDB Financial Services Senior Branch Manager Salary - ₹8.7 Lakhs to ₹15.3 Lakhs per year
Equitas Small Finance Bank Senior Branch Manager Salary - ₹4.8 Lakhs to ₹15.5 Lakhs per year
Jana Small Finance Bank Senior Branch Manager Salary - ₹4.7 Lakhs to ₹12.5 Lakhs per year
Manappuram Finance Senior Branch Manager Salary - ₹4.7 Lakhs to ₹9.6 Lakhs per year

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

Bajaj Finance Senior Branch Manager Salary - ₹5.6 Lakhs to ₹9.0 Lakhs per year
Shriram Finance Senior Branch Manager Salary - ₹3.9 Lakhs to ₹12.0 Lakhs per year
Muthoot Finance Senior Branch Manager Salary - ₹6.6 Lakhs to ₹10.5 Lakhs per year
IIFL Finance Senior Branch Manager Salary - ₹4.3 Lakhs to ₹8.5 Lakhs per year
Muthoot Fincorp Senior Branch Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Senior Branch Manager at Muthoot Microfin ranges between ₹24,702 per month to ₹26,145 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Senior Branch Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Muthoot Microfin Senior Branch Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Senior Branch Manager Salaries

Muthoot Microfin Senior Branch Manager salary in India ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.