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.
₹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

Branch Manager Salary Range

Low
₹2,97,800
Average
₹7,56,400
Senior
₹9,65,400
High
₹15,00,000
Low
₹16,130
Average
₹40,970
Senior
₹52,290
High
₹81,250

Branch Manager - Salary Differences

JobSalaryDifference
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%
Male
93%

Branch Manager - Jobs by Location

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

How much does a Branch Manager make in India?
A Branch Manager in India earns an average of ₹7,56,400 gross per year, which is about ₹40,970 net per month. Everything you need to know about the salary of the Branch Manager updated to 2024.
What is the starting salary for a Branch Manager in India?
The starting salary of a Branch Manager in India is around ₹2,97,800 gross per year.
What is the highest salary for a Branch Manager in India?
The highest salary of a Branch Manager in India can reach and exceed ₹15,00,000 gross per year.
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