Muthoot Fincorp Visakhapatnam Senior Branch Manager Salaries by 10+ Employees (Updated 2025)

10 - 18 years exp.

₹3.2 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

Senior Branch Manager Salary at Muthoot Fincorp ranges between ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 17 latest salaries received... Read more

41% less than the average Senior Branch Manager Salary in NBFC Companies for 10 - 18 years of experience

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Last Updated: 31 Jan 2025

Companies similar to Muthoot Fincorp for Senior Branch Manager in Visakhapatnam

Muthoot Fincorp Senior Branch Manager Salary

10 - 18 years exp. (17 salaries)

₹3.2 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Branch Manager Salary 6 - 11 years exp. (3 salaries)	₹8 L/yr - ₹8.2 L/yr 47% more
HDFC Bank Senior Branch Manager Salary 13 - 17 years exp. (6 salaries)	₹14.5 L/yr - ₹17.5 L/yr 166% more
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Reliance Nippon Life Insurance Senior Branch Manager Salary 10 - 17 years exp. (5 salaries)	₹8.3 L/yr - ₹9.7 L/yr 70% more

Union Bank of India Senior Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹12 L/yr - ₹18 L/yr 191% more
Vaibhav Jewellers Senior Branch Manager Salary 17 - 20 years exp. (3 salaries)	₹7.7 L/yr - ₹10.6 L/yr 64% more

From

Senior Branch Manager

₹

Lakhs/yr

6 - 18 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Senior Branch Manager 6 - 18 years exp.

Area Manager 5 - 21 years exp.

37% hike

Senior Area Manager 11 - 19 years exp.

24% hike

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.

Muthoot Fincorp Senior Branch Manager salaries by

Years of experience	Avg. annual salary
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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12 years (3 salaries)	₹3.2 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (3 salaries)	₹4.2 L/yr - ₹10.2 L/yr
15+ years (6 salaries)	₹3.8 L/yr - ₹10.5 L/yr

View all salaries by experience

Similar Designation Salaries at Muthoot Fincorp

Similar Designation	Avg. annual salary
Branch Manager Salary (23 salaries)	₹3 L/yr - ₹5.5 L/yr
Assistant Branch Manager Salary (5 salaries)	₹2 L/yr - ₹3.1 L/yr
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Area Manager Salary (4 salaries)	₹4 L/yr - ₹7.5 L/yr

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Salary Discussions, Hike & Promotions

a senior executive

GF salary Vs. My salary

Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!

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Salary related reviews for Muthoot Fincorp

4.6

Rated by 7 employees for salary & benefits

Senior Branch Manager in Kovilpatti

Full Time

BFSI, Investments & Trading Department

4.0

• updated on 09 Dec 2024

3.0

for Salary and Benefits

Likes

Working time is very comfortable... We can learn new things in every day.. We may be work in local...

Skill development - Excellent

+3 more

Dislikes

Other then CASA we are doing all banking product (nearby 23 products )but we get very low salary... Many of days Office system very hang... Need change the all old system....

Senior Branch Manager in Kochi

Full Time

Sales & Business Development Department

5.0

• updated on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Correct salary payments on due date

Salary - Good

+6 more

Dislikes

No holidays on second Saturday but given to other firms of muthoot New comers are given salary hike, but not given to old staff for same post. Experience and years working in same company should be honoured and paid more.

Senior Branch Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

5.0

• updated on 07 Nov 2024

5.0

for Salary and Benefits

Likes

Good working culture and job security and good learning facilities available in organisation and good increament policy.

Salary - Excellent

+6 more

Dislikes

Not promoting old employee and hiring out side person and giving him high salary also.

Senior Branch Manager in Bangalore / Bengaluru

Customer Success, Service & Operations Department

5.0

• updated on 16 Jul 2021

3.0

for Salary and Benefits

Likes

It's a great experience I have started journey in Muthoot Fincorp 2010 ,I have learned lot,thanks to Muthoot Fincorp Ltd I respect the company my entire life

Skill development - Excellent

+4 more

Dislikes

There is no much opertunites to grow career and also salary growth is not a market situation

Deputy Branch Manager in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

4.0

• updated on 20 Nov 2024

2.0

for Salary and Benefits

Likes

Proud of being an employee of MFL since 1996.Job security, correct salary payment,freedom for selecting our own candidates etc are appreciable things

Skill development - Excellent

+2 more

Dislikes

Salary package not satisfactory. Muthoot Fincorp experience is very much valued by other NBSCs.But within the organisation it is not so.Basic Pay should be increased, then only we get some amount at the time of retirement. Minimum wages should be increased, then we can reduce labour turnover to a certain limit. Salary package should be restructured based on service first and then give increments based on performance. Service based employees meeting with higher authorities once in a year is not seen in our organisation. If so it is much valued.

Salary - Poor

see more salary related reviews

Muthoot Fincorp Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Muthoot Fincorp in Visakhapatnam?

The average salary of a Senior Branch Manager at Muthoot Fincorp in Visakhapatnam typically ranges from ₹3.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Senior Branch Manager in Visakhapatnam at Muthoot Fincorp earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Senior 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 10+ Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Senior Branch Manager at Muthoot Fincorp in Visakhapatnam typically ranges from ₹42,084 to ₹43,218 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 10 years to 18 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 10+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for Senior Branch Manager in India?

Union Bank of India	₹12.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹14.5 Lakhs to ₹17.5 Lakhs per year
Reliance Nippon Life Insurance	₹8.3 Lakhs to ₹9.7 Lakhs per year
Vaibhav Jewellers	₹7.7 Lakhs to ₹10.6 Lakhs per year
Bajaj Finance	₹8.0 Lakhs to ₹8.2 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.

How the salary growth look like for a Senior Branch Manager at Muthoot Fincorp in Visakhapatnam?

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

Experience	Average Salary Range
10 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
11 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
12 years	₹3.2 Lakhs to ₹10.0 Lakhs per year
13 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Muthoot Fincorp Senior Branch Manager Salaries in Visakhapatnam

Muthoot Fincorp Senior Branch Manager salary in Visakhapatnam ranges between ₹3.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.