Branch Manager Salary in India
₹7,56,400
per year
per month
₹40,970
per month
per year
Bonus
₹93,700/year
Commission
₹74,300/year
Bonus
₹5,080/month
Commission
₹4,020/month
Branch Manager - Average Salary
The average salary for a Branch Manager is ₹7,56,400 per year (₹40,970 per month), which is ₹3,68,900 (+95%) higher than the national average salary in India.
A Branch Manager can expect an average starting salary of ₹2,97,800. The highest salaries can exceed ₹15,00,000.
A Branch Manager can expect an average starting salary of ₹2,97,800. The highest salaries can exceed ₹15,00,000.
₹2,97,800
Low
₹7,56,400
Average
₹15,00,000
High
₹16,130
Low
₹40,970
Average
₹81,250
High
Total compensation includes salary, bonus and commission.
₹13,200 ₹9,41,300 ₹18,95,800 | ||
| Base Salary | ₹2,97,800 - 15,00,000 | |
| Bonus | ₹13,200 - 2,13,600 | |
| Commission | ₹27,600 - 1,82,200 | |
| Total Compensation | ₹3,38,600 - 18,95,800 |
₹710 ₹50,990 ₹1,02,690 | ||
| Base Salary | ₹16,130 - 81,250 | |
| Bonus | ₹710 - 11,570 | |
| Commission | ₹1,490 - 9,870 | |
| Total Compensation | ₹18,330 - 1,02,690 |
View all Branch Manager jobs on Jobted India
Branch Manager Salary Range
Branch Manager - Salary Differences
| Job | Salary | Difference |
|---|---|---|
| Axis Bank Branch Manager | ₹1,067K/year | +41% |
| ICICI Branch Manager | ₹1,021K/year | +35% |
| HDFC Branch Manager | ₹1,006K/year | +33% |
| SBI Branch Manager | ₹953K/year | +26% |
| LIC Branch Manager | ₹923K/year | +22% |
| Union Bank Branch Manager | ₹885K/year | +17% |
| Bank of Baroda Branch Manager | ₹825K/year | +9% |
| Mahindra Finance Branch Manager | ₹726K/year | -4% |
| Deputy Branch Manager | ₹666K/year | -12% |
| Assistant Branch Manager | ₹477K/year | -37% |
| IIFL Branch Manager | ₹431K/year | -43% |
| Muthoot Fincorp Branch Manager | ₹371K/year | -51% |
Branch Manager - Pay by Experience Level
An Entry Level Branch Manager with less than three years of experience can expect to earn an average total compensation of ₹3,38,600. A mid career Branch Manager with 4-9 years of experience earns an average total compensation of ₹7,23,800, while a Senior Branch Manager with 10-20 years of experience makes on average ₹9,65,400. Branch Managers with more than 20 years of experience earn ₹11,86,500 on average.
How Work Experience Affects the Salary of a Branch Manager
| Late Career | ▲ +57% |
| Senior | ▲ +28% |
| Average Salary | ₹7,56,400/year |
| Mid Career | ▼ -4% |
| Entry Level | ▼ -55% |
Gender Breakdown
Female
7%
7%
Male
93%
93%
Branch Manager - Related Salaries
The salary information presented on this page is based on all Branch Manager jobs published on Jobted in the last 12 months.
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Frequently asked questions about the salary of the Branch Manager
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Branch Manager Jobs