Muthoot Pappachan Group Erode Branch Manager Salaries by 4 Employees

5 - 12 years exp.

₹3 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% less than the average Branch Manager Salary in Financial Services Companies for 5 - 12 years of experience

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Last Updated: 7 Nov 2023

Companies similar to Muthoot Pappachan Group for Branch Manager in Erode

Muthoot Pappachan Group Branch Manager Salary

5 - 12 years exp. (4 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
The Muthoot Group Branch Manager Salary 4 - 11 years exp. (3 salaries)	₹3.1 L/yr - ₹5.3 L/yr 38% more
ESAF Small Finance Bank Branch Manager Salary 9 - 13 years exp. (6 salaries)	₹6.1 L/yr - ₹10.3 L/yr 120% more
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City Union Bank Branch Manager Salary 6 - 10 years exp. (6 salaries)	₹8.5 L/yr - ₹14.8 L/yr 279% more	1 job opening
ICICI Lombard General Insurance Company Branch Manager Salary 10 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹10 L/yr 143% more	4 job openings
Kosamattam Finance Branch Manager Salary 6 - 10 years exp. (5 salaries)	₹2.4 L/yr - ₹3 L/yr 26% less

Branch Manager salary at Muthoot Pappachan Group ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Branch Manager salaries in Erode

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

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From

Branch Manager

3 - 12 years exp.

Area Manager

13 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Muthoot Pappachan Group for Branch Manager

Operations Business Development Sales Branch Operations Team Handling Administration Branch Management Team Management Office Administration Team Leading Branch Sales NRI branch Microfinance Customer Acquisition

Salary related reviews for Muthoot Pappachan Group

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Salary - Excellent

+6 more

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

Salary - Bad

+5 more

Branch Incharge in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 17 Sep 2018

1.0

for Salary and Benefits

Likes

MPG is really a good company ,they provide very good training,100%job security, low chances of career growth, salary/appraisal is very low, work environment is very good, balnaced work life, it is good for fresher and married woman.

Skill development - Good

+2 more

Dislikes

Salary and Appraisal

Salary - Bad

+2 more

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Skill development - Good

+2 more

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Promotions - Bad

+1 more

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Company culture - Excellent

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

Skill development - Bad

+2 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Pappachan Group Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Pappachan Group in Erode?

The average salary of a Branch Manager at Muthoot Pappachan Group in Erode typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Branch Manager in Erode at Muthoot Pappachan Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Branch Manager Salaries at Muthoot Pappachan Group 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 Pappachan Group employees in India.

What is the estimated take home salary of a Branch Manager at Muthoot Pappachan Group in Erode?

The estimated take-home salary of a Branch Manager at Muthoot Pappachan Group in Erode typically ranges from ₹26,255 to ₹27,675 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 Pappachan Group. 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 Pappachan Group in Erode?

To be a Branch Manager at Muthoot Pappachan Group in Erode, the key skills required include:

- Operations
- Business Development
- Sales
- Branch Operations
- Team Handling

These skills are highly valued at Muthoot Pappachan Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Pappachan Group for Branch Manager in India?

City Union Bank	₹8.5 Lakhs to ₹14.8 Lakhs per year
ICICI Lombard General Insurance Company	₹7.5 Lakhs to ₹10.0 Lakhs per year
ESAF Small Finance Bank	₹6.1 Lakhs to ₹10.3 Lakhs per year
The Muthoot Group	₹3.1 Lakhs to ₹5.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Pappachan Group, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Muthoot Pappachan Group in Erode?

The salary of a Branch Manager at companies similar to Muthoot Pappachan Group in Erode varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kosamattam Finance

₹2.4 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Manager at Muthoot Pappachan Group in Erode?

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

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
8 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Muthoot Pappachan Group Branch Manager Salaries in Erode

Muthoot Pappachan Group Branch Manager salary in Erode ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.