Muthoottu Mini Financiers Senior Branch Manager Salaries by 5 Employees

4 - 8 years exp.

₹2.3 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

71% less than the average Senior Branch Manager Salary in NBFC Companies for 4 - 8 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Muthoottu Mini Financiers for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
Aptus Value Housing Finance India Senior Branch Manager Salary 6 - 12 years exp. (20 salaries)	₹5 L/yr - ₹8 L/yr 123% more
IKF Finance Senior Branch Manager Salary 1 - 20 years exp. (20 salaries)	₹5.9 L/yr - ₹8.3 L/yr 118% more
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Finova Capital Senior Branch Manager Salary 5 - 12 years exp. (9 salaries)	₹2 L/yr - ₹8 L/yr 110% more
Ugro Capital Senior Branch Manager Salary 10 - 15 years exp. (9 salaries)	₹5.8 L/yr - ₹9.3 L/yr 163% more
Shubham Housing Development Finance Senior Branch Manager Salary 7 - 10 years exp. (8 salaries)	₹6.3 L/yr - ₹9.5 L/yr 180% more
Midland Microfin Limited Senior Branch Manager Salary 2 - 10 years exp. (8 salaries)	₹2.6 L/yr - ₹5.7 L/yr 18% more
Light Microfinance Senior Branch Manager Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.5 L/yr 45% more
MAS Financial Services Senior Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹9.5 L/yr 81% more
Dvara KGFS Senior Branch Manager Salary 2 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr 8% more

Senior Branch Manager salary at Muthoottu Mini Financiers ranges between ₹2.3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoottu Mini Financiers.

Experience wise Muthoottu Mini Financiers Senior Branch Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

Similar Designation salaries in Muthoottu Mini Financiers

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Branch Manager Salary

(78 salaries)

₹1.95 L/yr - ₹5.34 L/yr

Assistant Branch Manager Salary

(14 salaries)

₹1.75 L/yr - ₹3 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.7 L/yr - ₹5.1 L/yr

Area Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Cluster Manager Salary

(6 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Relationship Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Salary related reviews for Muthoottu Mini Financiers

2.0

Rated by 3 employees for salary & benefits

Branch Head in Tirupati

BFSI, Investments & Trading Department

1.0

• posted on 10 Apr 2022

1.0

for Salary and Benefits

Likes

There is no gowth in muthottu mini

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is a bond of 2 years before which cannot reside on the job training is not given to new joinees

Salary - Bad

+6 more

Branch Executive in Alappuzha

Full Time

Finance & Accounting Department

1.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to like in the organisation.

Dislikes

1.Hectic pressure from the Zonal Manager and Regional Manager. 2.High target with less salary. 3.Interst rates are very high comparing to other financial institutions. 4.No proper training form company side and once you resign within one year they will deduct Rs 15000 from salary. 5.Target was not on Gold loan,you need to do health insurance,home insurance, Vehicle insurance, Pan card,Gold buying schemes etc etc and N number of targets. Not at all recommended for an employee's.

Salary - Bad

+6 more

Executive in Hubli

Full Time

Risk Management & Compliance Department

1.0

• posted on 16 Aug 2023

1.0

for Salary and Benefits

Likes

Coming likes yes there is good culture in this company

Dislikes

... staffs from karnataka are resigning Then how we feel its there job security And company don't pay good salary and ask and tourcher for the TPP activation 4.No leaves are arrange when staff is in need of Please company should look into this n take a action other wise this may effect company . I hope this will not continue if this stop company have possibilities to grow more And company should pay good salary and ask for the business please kindly look into this and do the needful to the staff . Thank you

Salary - Bad

+6 more

Senior Manager in Coimbatore

BFSI, Investments & Trading Department

4.0

• posted on 05 Nov 2022

3.0

for Salary and Benefits

Likes

Yes..Company Culture and Management lever very good I wish change the company trend as given me the post.As per my knowledge I given my best.

Job security - Good

+2 more

Dislikes

...ffs .BM is responsible everything not other staffs so the team sprit is missing.incentive not giving monthly base with salary.

Skill development - Poor

+1 more

Relationship Executive in Hyderabad / Secunderabad

Business Development & Operations Department

4.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

Good work culture and environment. Teammates are supportive and the management is transparent. Company policies are good and Good salary hike

Skill development - Good

+5 more

Dislikes

The management doesn't address our issues. Salary is decent but career growth is slow and some security problems

see more salary related reviews

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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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Muthoottu Mini Financiers Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Muthoottu Mini Financiers ?

The average salary of a Senior Branch Manager at Muthoottu Mini Financiers in India typically ranges from ₹2.3 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Senior Branch Manager at Muthoottu Mini Financiers earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Senior Branch Manager Salaries at Muthoottu Mini Financiers 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 5 Muthoottu Mini Financiers employees in India.

What is the estimated take home salary of a Senior Branch Manager at Muthoottu Mini Financiers in India?

The estimated take-home salary of a Senior Branch Manager at Muthoottu Mini Financiers in India typically ranges from ₹22,288 to ₹23,767 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.3 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 5 salaries received from various employees of Muthoottu Mini Financiers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoottu Mini Financiers for Senior Branch Manager in India?

Shubham Housing Development Finance	₹6.3 Lakhs to ₹9.5 Lakhs per year
Ugro Capital	₹5.8 Lakhs to ₹9.3 Lakhs per year
Aptus Value Housing Finance India	₹5.0 Lakhs to ₹8.0 Lakhs per year
IKF Finance	₹5.9 Lakhs to ₹8.3 Lakhs per year
Finova Capital	₹2.0 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Senior Branch Manager in companies similar to Muthoottu Mini Financiers in India?

The salary of a Senior Branch Manager at companies similar to Muthoottu Mini Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MAS Financial Services	₹3.5 Lakhs to ₹9.5 Lakhs per year
Light Microfinance	₹3.9 Lakhs to ₹4.5 Lakhs per year
Midland Microfin Limited	₹2.6 Lakhs to ₹5.7 Lakhs per year
Dvara KGFS	₹2.5 Lakhs to ₹4.2 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 Senior Branch Manager at Muthoottu Mini Financiers in India?

The salary growth for a Senior Branch Manager at Muthoottu Mini Financiers depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager can expect the following growth trajectory at Muthoottu Mini Financiers:

Experience	Average Salary Range
4 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Muthoottu Mini Financiers Senior Branch Manager Salaries

Muthoottu Mini Financiers Senior Branch Manager salary in India ranges between ₹2.3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoottu Mini Financiers latest salaries received from various employees of Muthoottu Mini Financiers.