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Muthoot Fincorp Assistant Branch Manager salaries in India (Updated 2025)

Annual salary range
4 - 9 years exp.
₹1.8 Lakh - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Assistant Branch Manager Salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 126 latest salaries received... Read more

36% less than the average Assistant Branch Manager Salary in NBFC Companies for 4 - 9 years of experience

Interested in this particular role?

What are the roles & responsibilities of a Assistant Branch Manager at Muthoot Fincorp?

Business Development

  • Enhance branch business through customer acquisition and retention
  • Achieve branch targets for revenue generation
  • Activate and coordinate marketing activities
  • Collaborate with various departments for smooth branch functioning

Operational Efficiency

  • Ensure operational adherence to manual of instructions

Read full roles & responsibilities

Last Updated: 29 Jul 2025

Companies similar to Muthoot Fincorp for Assistant Branch Manager

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L&T Finance Assistant Branch Manager Salary

1 - 7 years exp. (18 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

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₹2.4 L/yr - ₹2.9 L/yr

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₹4 L/yr - ₹4.5 L/yr

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Latest annual salaries shared by Muthoot Fincorp Assistant Branch Manager

2w ago
₹4 Lakhs
6 years exp.
3w ago
₹4 Lakhs
4 years exp.
1mo ago
₹4.5 Lakhs
6 years exp.
1mo ago
₹3.6 Lakhs
9 years exp.
1mo ago
₹4.5 Lakhs
7 years exp.
2mo ago
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6 years exp.
2mo ago
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7 years exp.
3mo ago
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5 years exp.
3mo ago
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6 years exp.
3mo ago
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5 years exp.

Muthoot Fincorp Assistant Branch Manager salaries by

Years of experience Avg. annual salary
4 years  (34 salaries)

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₹1.8 L/yr - ₹4 L/yr
5 years  (35 salaries)

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₹1.9 L/yr - ₹4 L/yr
6 years  (22 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
7 years  (14 salaries)

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₹2 L/yr - ₹4.5 L/yr
8 years  (18 salaries)

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₹2.2 L/yr - ₹3.6 L/yr
View all salaries by experience

Similar Designation Salaries at Muthoot Fincorp

Similar Designation Avg. annual salary
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₹3 L/yr - ₹3.5 L/yr

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₹3 L/yr - ₹8.5 L/yr

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₹1.9 L/yr - ₹7.6 L/yr

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₹5 L/yr - ₹9.3 L/yr

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₹3.6 L/yr - ₹6.3 L/yr

Department Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr

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₹4 L/yr - ₹10.5 L/yr

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₹3.5 L/yr - ₹11 L/yr

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₹3.2 L/yr - ₹5.5 L/yr

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₹2 L/yr - ₹10 L/yr

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Salary related reviews for Muthoot Fincorp

3.9

Rated by 158 employees for salary & benefits

Sales & Business Development Department

4.0
  •  updated on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work timing is comfortable....Getting salary on time.....

Dislikes

.... Only new joiners can demand high packages and experienced staffs having a low salary package...

read more

Customer Success, Service & Operations Department

1.0
  •  updated on 08 Nov 2024

1.0
 for  Salary and Benefits

Likes

Jo ye km salary provide krte h wo on time dete h bs.....

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Dislikes

No promotion on time, no salary hike on time, no appreciations, too much work pressure, no u...

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BFSI, Investments & Trading Department

4.0
  •  updated on 07 Oct 2021

3.0
 for  Salary and Benefits

Likes

Company as good benifit policy and working culture. Salary satisfaction is not good for particular...

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Dislikes

No proper appraisal system and salary structure. One who work less given more salary as comp...

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Customer Success, Service & Operations Department

4.0
  •  updated on 06 Jan 2025

4.0
 for  Salary and Benefits

Likes

1) work timings 2) good atmosphere 3) can balance personal and professional life smoothly

Dislikes

1) non performer staff, if they are in high aum branches, they will get, high incentive, high sala...

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BFSI, Investments & Trading Department

2.0
  •  updated on 12 May 2021

1.0
 for  Salary and Benefits

Likes

Work culture is good but management and team operating process is very bad.Salary scale,salary hike...

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is very low but car...

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Muthoot Fincorp Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Muthoot Fincorp ?
The average salary of a Assistant Branch Manager at Muthoot Fincorp in India typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Assistant Branch Manager at Muthoot Fincorp earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Branch Manager Salaries at Muthoot Fincorp 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 100+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Assistant Branch Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Assistant Branch Manager at Muthoot Fincorp in India typically ranges from ₹23,897 to ₹25,353 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 9 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 100+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Branch Manager at Muthoot Fincorp ?
To be a Assistant Branch Manager at Muthoot Fincorp in india, the key skills required include:

  • - Operations
  • - Customer Acquisition
  • - Revenue Generation
  • - C
  • - Manual

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Assistant Branch Manager in India?
Sundaram Finance ₹4.5 Lakhs to ₹8.1 Lakhs per year
Muthoot Finance ₹3.2 Lakhs to ₹7.5 Lakhs per year
Bajaj Finance ₹2.9 Lakhs to ₹6.0 Lakhs per year
Poonawalla Fincorp ₹4.0 Lakhs to ₹5.0 Lakhs per year
Capri Global Capital ₹2.5 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Assistant Branch Manager in companies similar to Muthoot Fincorp in India?
The salary of a Assistant Branch Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TVS Credit Services Ltd ₹4.0 Lakhs to ₹4.5 Lakhs per year
IIFL Finance ₹2.3 Lakhs to ₹6.0 Lakhs per year
Five-Star Business Finance ₹2.6 Lakhs to ₹4.6 Lakhs per year
Shriram Finance ₹2.1 Lakhs to ₹5.3 Lakhs per year
Kogta Financial India Limited ₹3.1 Lakhs to ₹3.9 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 Assistant Branch Manager at Muthoot Fincorp in India?
The salary growth for a Assistant Branch Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Assistant Branch Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
4 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
5 years ₹1.9 Lakhs to ₹4.0 Lakhs per year
6 years ₹1.8 Lakhs to ₹4.5 Lakhs per year
7 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
and so on.

Top skills at Muthoot Fincorp for Assistant Branch Manager

Creativity Problem Solving Teamwork

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Muthoot Fincorp Assistant Branch Manager salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 126 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.