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Branch Manager

  • Salaries
    50.9k
  • Interviews
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  • Jobs
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Branch Manager Salary in India (Updated 2025)

Based on 50.9k salaries • Updated: 7 Jul 2025
Select an experience to get the exact salary

Annual salary range

₹2.8 Lakhs - ₹18 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.
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Salary of majority employees info icon
Branch Manager Salary in India ranges between ₹2.8 Lakhs to ₹18 Lakhs for 4 years of experience to 17 years of experience. Salary estimates are based on 50.9k latest salaries received from Branch Manager.
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Top Paying Companies for Branch Manager with 15 years exp

Company name Avg. annual salary Open Jobs
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ITC Branch Manager Salary

15 years exp

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Crompton Greaves Consumer Electricals Branch Manager Salary

15 years exp

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Pernod Ricard Branch Manager Salary

15 years exp

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Samsung Branch Manager Salary

15 years exp

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Legrand Branch Manager Salary

15 years exp

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Popular Companies for Branch Manager in India

Company Name Avg. annual salary Open Jobs
ICICI Bank logo
ICICI Bank Branch Manager Salary
4 - 22 yrs exp. (2.3k salaries)

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₹6 L/yr - ₹21.9 L/yr

HDFC Bank logo
HDFC Bank Branch Manager Salary
6 - 23 yrs exp. (1.7k salaries)

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₹10.2 L/yr - ₹22 L/yr

7 job openings
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IndusInd Bank logo
IndusInd Bank Branch Manager Salary
6 - 20 yrs exp. (1.4k salaries)

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₹8.6 L/yr - ₹18 L/yr

2 job openings
IIFL Finance logo
IIFL Finance Branch Manager Salary
3 - 16 yrs exp. (1.2k salaries)

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₹3.4 L/yr - ₹8 L/yr

1 job opening
Kotak Mahindra Bank logo
Kotak Mahindra Bank Branch Manager Salary
8 - 20 yrs exp. (849 salaries)

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₹13.1 L/yr - ₹22 L/yr

5 job openings
Muthoot Finance logo
Muthoot Finance Branch Manager Salary
2 - 18 yrs exp. (781 salaries)

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₹3.2 L/yr - ₹7.2 L/yr

2 job openings
Muthoot Fincorp logo
Muthoot Fincorp Branch Manager Salary
1 - 16 yrs exp. (774 salaries)

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₹2.5 L/yr - ₹7.6 L/yr

9 job openings
IDFC FIRST Bank logo
IDFC FIRST Bank Branch Manager Salary
6 - 20 yrs exp. (663 salaries)

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₹10 L/yr - ₹22 L/yr

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Yes Bank logo
Yes Bank Branch Manager Salary
8 - 20 yrs exp. (660 salaries)

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₹11.4 L/yr - ₹20 L/yr

2 job openings
CSB Bank logo
CSB Bank Branch Manager Salary
7 - 20 yrs exp. (505 salaries)

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₹9 L/yr - ₹16.5 L/yr

1 2 3 4 5

Latest annual salaries shared by Branch Managers

1d ago

HDB Financial Services

Branch Manager

10 years exp.

₹6.3 Lakhs
1d ago

ICICI Bank

Branch Manager

14 years exp.

₹13 Lakhs
1d ago

AU Small Finance Bank

Branch Manager

12 years exp.

₹22 Lakhs
1d ago

Equitas Small Finance Bank

Branch Manager

8 years exp.

₹8.5 Lakhs
1d ago

Jana Small Finance Bank

Branch Manager

9 years exp.

₹10.5 Lakhs
1d ago

HDFC Bank

Branch Manager

12 years exp.

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1d ago

State Bank of India

Branch Manager

16 years exp.

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1d ago

IDFC FIRST Bank

Branch Manager

12 years exp.

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1d ago

Kotak Mahindra Bank

Branch Manager

17 years exp.

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1d ago

Muthoot Housing Finance Company

Branch Manager

13 years exp.

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View all latest salaries

Branch Manager salaries by

Years of experience Avg. annual salary
4 years
(2.7k salaries)
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₹2.1 L/yr - ₹10.8 L/yr

5 years
(4.2k salaries)
unlock-blur

₹2.2 L/yr - ₹11.7 L/yr

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6 years
(4.2k salaries)
unlock-blur

₹2.4 L/yr - ₹11.5 L/yr

7 years
(4.1k salaries)
unlock-blur

₹2.6 L/yr - ₹12 L/yr

8 years
(4.7k salaries)
unlock-blur

₹2.8 L/yr - ₹13.5 L/yr

9 years
(4.5k salaries)
unlock-blur

₹3 L/yr - ₹15 L/yr

10 years
(5.7k salaries)
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₹3 L/yr - ₹16 L/yr

11 years
(3.7k salaries)
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₹3.4 L/yr - ₹17.8 L/yr

12 years
(4.2k salaries)
unlock-blur

₹3.5 L/yr - ₹19.5 L/yr

13 years
(3.2k salaries)
unlock-blur

₹3.6 L/yr - ₹20 L/yr

14 years
(3.2k salaries)
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₹3.6 L/yr - ₹21.6 L/yr

15+ years
(6.7k salaries)
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₹3.6 L/yr - ₹23 L/yr

View all salaries by experience
Department Avg. annual salary
BFSI, Investments & Trading
Branch Manager Salary
4 - 17 years exp. (13.6k salaries)
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₹2.8 L/yr - ₹18 L/yr

Sales & Business Development
Branch Manager Salary
4 - 17 years exp. (12.6k salaries)
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₹2.8 L/yr - ₹18 L/yr

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Finance & Accounting
Branch Manager Salary
4 - 17 years exp. (4.3k salaries)
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₹2.8 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Branch Manager Salary
4 - 17 years exp. (2.9k salaries)
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₹2.8 L/yr - ₹18 L/yr

Marketing & Communication
Branch Manager Salary
4 - 17 years exp. (1.9k salaries)
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₹2.8 L/yr - ₹18 L/yr

Procurement & Supply Chain
Branch Manager Salary
4 - 17 years exp. (1.3k salaries)
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₹2.8 L/yr - ₹18 L/yr

Administration & Facilities
Branch Manager Salary
4 - 17 years exp. (560 salaries)
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₹2.8 L/yr - ₹18 L/yr

Human Resources
Branch Manager Salary
4 - 17 years exp. (239 salaries)
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₹2.8 L/yr - ₹15 L/yr

Teaching & Training
Branch Manager Salary
4 - 17 years exp. (213 salaries)
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₹2.8 L/yr - ₹18 L/yr

Food, Beverage & Hospitality
Branch Manager Salary
4 - 17 years exp. (200 salaries)
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₹3 L/yr - ₹18 L/yr

Merchandising, Retail & eCommerce
Branch Manager Salary
4 - 17 years exp. (196 salaries)
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₹3 L/yr - ₹17 L/yr

Production, Manufacturing & Engineering
Branch Manager Salary
4 - 17 years exp. (168 salaries)
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₹2.8 L/yr - ₹16 L/yr

Healthcare & Life Sciences
Branch Manager Salary
4 - 17 years exp. (161 salaries)
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₹2.9 L/yr - ₹13.2 L/yr

Security Services
Branch Manager Salary
4 - 17 years exp. (142 salaries)
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₹3 L/yr - ₹12.6 L/yr

Strategic & Top Management
Branch Manager Salary
4 - 17 years exp. (128 salaries)
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₹3 L/yr - ₹18 L/yr

Consulting
Branch Manager Salary
4 - 17 years exp. (106 salaries)
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₹2.8 L/yr - ₹18 L/yr

Product Management
Branch Manager Salary
4 - 17 years exp. (88 salaries)
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₹3.3 L/yr - ₹15 L/yr

Project & Program Management
Branch Manager Salary
4 - 17 years exp. (72 salaries)
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₹2.8 L/yr - ₹18 L/yr

Data Science & Analytics
Branch Manager Salary
4 - 16 years exp. (62 salaries)
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₹3 L/yr - ₹15 L/yr

Sports, Fitness & Personal Care
Branch Manager Salary
4 - 17 years exp. (60 salaries)
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₹3 L/yr - ₹9 L/yr

Engineering - Hardware & Networks
Branch Manager Salary
4 - 17 years exp. (49 salaries)
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₹3 L/yr - ₹16.2 L/yr

Engineering - Software & QA
Branch Manager Salary
4 - 16 years exp. (49 salaries)
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₹2.8 L/yr - ₹16.4 L/yr

Construction & Site Engineering
Branch Manager Salary
4 - 17 years exp. (41 salaries)
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₹3 L/yr - ₹18 L/yr

Risk Management & Compliance
Branch Manager Salary
4 - 17 years exp. (37 salaries)
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₹3 L/yr - ₹15 L/yr

IT & Information Security
Branch Manager Salary
4 - 17 years exp. (33 salaries)
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₹3 L/yr - ₹15 L/yr

UX, Design & Architecture
Branch Manager Salary
4 - 17 years exp. (29 salaries)
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₹3 L/yr - ₹10 L/yr

Quality Assurance
Branch Manager Salary
4 - 17 years exp. (27 salaries)
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₹2.8 L/yr - ₹12 L/yr

Research & Development
Branch Manager Salary
4 - 15 years exp. (20 salaries)
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₹3 L/yr - ₹13.5 L/yr

Shipping & Maritime
Branch Manager Salary
6 - 17 years exp. (18 salaries)
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₹3 L/yr - ₹13.5 L/yr

CSR & Social Service
Branch Manager Salary
4 - 17 years exp. (17 salaries)
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₹3.1 L/yr - ₹8.3 L/yr

Aviation & Aerospace
Branch Manager Salary
5 - 15 years exp. (14 salaries)
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₹3 L/yr - ₹9.6 L/yr

Legal & Regulatory
Branch Manager Salary
5 - 14 years exp. (10 salaries)
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₹3.8 L/yr - ₹9.6 L/yr

Environment Health & Safety
Branch Manager Salary
4 - 11 years exp. (9 salaries)
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₹4.6 L/yr - ₹8.4 L/yr

Media Production & Entertainment
Branch Manager Salary
4 - 15 years exp. (9 salaries)
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₹3.5 L/yr - ₹10 L/yr

Content, Editorial & Journalism
Branch Manager Salary
5 - 9 years exp. (4 salaries)
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₹5 L/yr - ₹9 L/yr

Energy & Mining
Branch Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

View all departments salaries

Branch Manager Jobs in India

Branch Manager

· 5-10 years

HDB Financial Services

·
3.9

Nagercoil

Branch Manager

· 5-10 years

Bajaj Allianz Life

·
3.9
₹5 L/yr - ₹10 L/yr

Solapur

Branch Manager

· 3-7 years

Muthoot FinCorp (MFL)

·
4.5

Panipat

View all Branch Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Credit Manager Salary
1 - 9 years exp.
(20.1k salaries)
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₹3.1 L/yr - ₹13.3 L/yr

Sales Manager Salary
2 - 15 years exp.
(1.2L salaries)
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₹2.4 L/yr - ₹16.1 L/yr

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Area Manager Salary
4 - 16 years exp.
(28.4k salaries)
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₹3.4 L/yr - ₹18.6 L/yr

Branch Sales Manager Salary
4 - 13 years exp.
(9.7k salaries)
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₹3.4 L/yr - ₹11 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.8L salaries)
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₹7.7 L/yr - ₹42.5 L/yr

Branch Head Salary
4 - 18 years exp.
(11.9k salaries)
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₹3.3 L/yr - ₹20 L/yr

Chief Manager Salary
6 - 24 years exp.
(14.7k salaries)
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₹8.2 L/yr - ₹37.9 L/yr

Branch Incharge Salary
2 - 14 years exp.
(4.1k salaries)
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₹1.7 L/yr - ₹9 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.3L salaries)
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₹4 L/yr - ₹18.1 L/yr

Deputy Branch Manager Salary
4 - 13 years exp.
(5.1k salaries)
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₹3.8 L/yr - ₹11.9 L/yr

View more similar designations

Salary reviews by Branch Manager and similar roles

Utkarsh Small Finance Bank

Branch Manager

company-logo
4.0
  •  updated on 16 Jun 2025

4.0
 for  Salary and Benefits

Likes

Utkarsh small finance Bank is liked for its strong customer service

  • Salary - Good
  • +6 more

Dislikes

Employee review of utkarsh small finance Bank frequently mention low salary limited promotion opportunity and a lack of work life balance

read more

Klm Axiva Finvest

Branch Manager

company-logo
5.0
  •  updated on 09 Apr 2025

5.0
 for  Salary and Benefits

Likes

...times. • Good work culture with emphasis on team collaboration and transparency. • Performance is recognised and rewarded — salary revisions are fair and timely. • Clear processes and systems in place for daily operations. • Freedom to make decisions at branch level with proper guidance.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No medical insurance benefits for non-ESIC staff (employees earning above {21,000/month),

IDFC FIRST Bank

Deputy Manager

company-logo
5.0
  •  updated on 29 Jun 2025

5.0
 for  Salary and Benefits

Likes

...when i began searching for a more performance-driven and structured opportunity. A friend who had recently joined IDFC first bank told me about an opening in the corporate salary acquisition team in Ahmedabad. He spoke positively about t he work culture and the way each and every individual effort is seen , which pushed me to apply through his referral. The hiring process was smooth , the HR contacted me within few days of applying. The initial conversation felt more like a discussion than a formal screening, they were genuinely interested in my background and career goals. The next round was with the Area Sales Manager , where we spoke about field experience , sourcing methods , and managing client relationships. It felt like a real exchange of ideas rather than a checklist of questions. The final round with the team head gave clarity on team setup, expectations , and growth scope in the region. Once selected , the onboarding process was well-managed. HR stayed in touch regularly , shared al necessary steps, and ensured that training and system access were ready before my joining. This preparing helped me settle in smoothly. In my current role , i handle multiple corporate clients , manage regular acquisition targets, and represent the bank in client meetings. The pace is quick , but the environment is encouraging and team-driven, and support from managers is consistent.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Sometimes, internal coordination can slow things down slight , but it has helped me become more proactive and solution-oriented

read more

HDFC Ergo General Insurance

Deputy Manager

company-logo
3.0
  •  updated on 10 Jun 2025

4.0
 for  Salary and Benefits

Likes

Only likings was Salary was on time. Incentive was average. Only best thing was I got my brother like Colleagues who supported me in my bad times.

read more
  • Salary - Good

Dislikes

Everything. Most worst is Sumeet Gupta and Neelima Priyadarshini. Don't enter in the vertical. Its is brooking channel and these two are the Dictator. They used to snatch Incentives from employees and exploit every day with bogus meetings and calls. No ethics no emotions they are useless shits. Worst experience in this vertical due to these two shits. They have no family life so they think we have no family life or personal life neither. Most dirtiest mindset ever.

read more
  • Job security - Bad
  • +4 more

Bandhan Bank

Area Manager

company-logo
3.0
  •  updated on 07 Apr 2025

3.0
 for  Salary and Benefits

Likes

Timely salary

Dislikes

Working over time till night 10 pm also working 13 to 14 hours per day Some times working holidays also Superiors orders to stay field whole day for collect Overdues You can't spent time with your family night time also. Night meetings and you will get calls from your superior. There is nothing what recruiter tell at the time of selection process. So much manual work with files and registers. and don't expect culture. Per day 110 to 160 km travel in field.

read more
  • Skill development - Poor
  • +3 more

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1k Branch Manager jobs demanding these skills arrow-logo

Branch Manager Salary By Locations

Locations Avg. annual salary
New Delhi
Branch Manager
4 - 17 years exp.
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₹3.2 L/yr - ₹22 L/yr

Bangalore / Bengaluru
Branch Manager
4 - 17 years exp.
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₹3.3 L/yr - ₹20.5 L/yr

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Mumbai
Branch Manager
4 - 17 years exp.
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₹3.1 L/yr - ₹22.5 L/yr

Kolkata
Branch Manager
4 - 17 years exp.
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₹2.8 L/yr - ₹19 L/yr

Hyderabad / Secunderabad
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹18.3 L/yr

Chennai
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹17.7 L/yr

Pune
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹20 L/yr

Ahmedabad
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹19 L/yr

Jaipur
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹18.5 L/yr

Lucknow
Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹20 L/yr

View more

Branch Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹18 L/yr

Banking

Branch Manager
4 - 17 years exp.
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₹4.5 L/yr - ₹20 L/yr

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NBFC

Branch Manager
4 - 17 years exp.
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₹2.8 L/yr - ₹15 L/yr

Insurance

Branch Manager
4 - 17 years exp.
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₹5 L/yr - ₹18 L/yr

Internet

Branch Manager
4 - 17 years exp.
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₹3 L/yr - ₹15 L/yr

Media & Entertainment / Publishing

Branch Manager
4 - 17 years exp.
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₹3.5 L/yr - ₹21 L/yr

Manufacturing

Branch Manager
4 - 17 years exp.
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₹3.1 L/yr - ₹29 L/yr

Banking / Insurance / Accounting

Branch Manager
4 - 17 years exp.
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₹3.4 L/yr - ₹19 L/yr

FinTech

Branch Manager
4 - 17 years exp.
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₹3.4 L/yr - ₹9.3 L/yr

Logistics

Branch Manager
4 - 17 years exp.
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₹2.4 L/yr - ₹12.6 L/yr

View more

Frequently Asked Questions (FAQS) about Branch Manager Salaries

What is the salary of a Branch Manager in India?
The salary of a Branch Manager in India varies based on experience, location, company & Industry. On average, Branch Manager salaries ranges from ₹2.8 Lakhs to ₹18.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.8 Lakhs to ₹18.0 Lakhs per year, with the highest salary reaching ₹28.0 Lakhs to ₹90.0 Lakhs per year. Salary estimates are based on 50.9k salaries received from various Branch Managers across industries.
What are the top paying companies that employ Branch Managers?
Branch Manager Salaries at Top paying companies in India are
ITC Branch Manager Salary ₹28 Lakhs to ₹90 Lakhs per year
Crompton Greaves Consumer Electricals Branch Manager Salary ₹34.6 Lakhs to ₹51 Lakhs per year
Pernod Ricard Branch Manager Salary ₹35 Lakhs to ₹45.5 Lakhs per year
Samsung Branch Manager Salary ₹26.7 Lakhs to ₹55 Lakhs per year
Legrand Branch Manager Salary ₹25 Lakhs to ₹44 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Branch Manager in India?
The annual salary for Branch Manager in India varies by location. Top paying cities for Branch Manager are
Branch Manager Salary in Lucknow ₹3.0 Lakhs to ₹20.0 Lakhs per year
Branch Manager Salary in Mumbai ₹3.1 Lakhs to ₹22.5 Lakhs per year
Branch Manager Salary in New Delhi ₹3.2 Lakhs to ₹22.0 Lakhs per year
Branch Manager Salary in Kolkata ₹2.8 Lakhs to ₹19.0 Lakhs per year
Branch Manager Salary in Ahmedabad ₹3.0 Lakhs to ₹19.0 Lakhs per year
Salary expectations for Branch Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Branch Manager in India?
Top 5 paying Industries for Branch Manager in India are:
Branch Manager Salary in Manufacturing ₹3.1 Lakhs to ₹29.0 Lakhs per year
Branch Manager Salary in Media & Entertainment / Publishing ₹3.5 Lakhs to ₹21.0 Lakhs per year
Branch Manager Salary in Banking ₹4.5 Lakhs to ₹20.0 Lakhs per year
Branch Manager Salary in Insurance ₹5.0 Lakhs to ₹18.0 Lakhs per year
Branch Manager Salary in Financial Services ₹3.0 Lakhs to ₹18.0 Lakhs per year
How does experience affect salaries of a Branch Manager in India?
Experience significantly impacts a Branch Manager salary in India. Salaries increase with experience, as Branch Manager take on more complex tasks, responsibilities, and leadership roles. Branch Manager salary at different experience level are as follows:
Experience Average Salary Range
4 years ₹2.1 Lakhs to ₹10.8 Lakhs per year
5 years ₹2.2 Lakhs to ₹11.7 Lakhs per year
6 years ₹2.4 Lakhs to ₹11.5 Lakhs per year
7 years ₹2.6 Lakhs to ₹12.0 Lakhs per year
and so on.

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Branch Manager Interview Questions and Answers
Q1. You are officially a DBM but have taken on the responsibilities of a BM in your current branch. Why ... read more
asked in IndusInd Bank
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Q2. Role of Branch Manager?How to manage team?Cross sell?
asked in IIFL Finance
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