A vast literature describes transformational leadership in terms of leader having charismatic and inspiring personality, stimulating followers, and providing them with individualized consideration. A considerable empirical support exists for transformation leadership in terms of its positive effect on followers with respect to criteria like effectiveness, extra role behaviour and organizational learning. This study aims to explore the effect of transformational leadership characteristics on followers’ job satisfaction. Survey method was utilized to collect the data from the respondents. The study reveals that individualized consideration and intellectual stimulation affect followers’ job satisfaction. However, intellectual stimulation is positively related with job satisfaction and individualized consideration is negatively related with job satisfaction. Leader’s charisma or inspiration was found to be having no affect on the job satisfaction. The three aspects of transformational leadership were tested against job satisfaction through structural equation modeling using Amos.