Mahindra Rural Housing Finance Zonal Manager Salaries by 5 Employees (Updated 2025)

20 - 27 years exp.

₹30.6 Lakhs - ₹74.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (79%)

₹45.3 Lakhs

Variable (21%)

₹12.0 Lakhs

272% more than the average Zonal Manager Salary in NBFC Companies for 20 - 27 years of experience

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Salaries in different departments

Sales & Business Development Zonal Manager Salary 23 - 27 years exp. (4 salaries)	₹30.6 L/yr - ₹74.3 L/yr
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BFSI, Investments & Trading Zonal Manager Salary 20 years exp. (AmbitionBox Estimate)	₹52.3 L/yr - ₹57.8 L/yr

Last Updated: 23 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Zonal Manager Salary 16 - 23 years exp. (35 salaries)	₹18.8 L/yr - ₹35 L/yr 52% less
Bajaj Finance Zonal Manager Salary 12 - 21 years exp. (22 salaries)	₹26.5 L/yr - ₹58 L/yr 32% less	31 job openings
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Home Credit Finance Zonal Manager Salary 15 - 19 years exp. (10 salaries)	₹22 L/yr - ₹45 L/yr 41% less
Bharat Financial Inclusion Zonal Manager Salary 11 - 15 years exp. (8 salaries)	₹5.5 L/yr - ₹7.2 L/yr 87% less
Spandana Sphoorty Financial Zonal Manager Salary 3 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.7 L/yr 88% less
L&T Finance Zonal Manager Salary 15 - 21 years exp. (8 salaries)	₹26 L/yr - ₹75 L/yr 10% less
Muthoot Fincorp Zonal Manager Salary 7 - 20 years exp. (6 salaries)	₹8.5 L/yr - ₹15.8 L/yr 79% less	1 job opening
Asirvad Microfinance Zonal Manager Salary 10 - 15 years exp. (6 salaries)	₹7 L/yr - ₹15.6 L/yr 80% less
Aditya Birla Finance Zonal Manager Salary 17 - 23 years exp. (5 salaries)	₹20.2 L/yr - ₹35 L/yr 45% less
Mahindra Finance Zonal Manager Salary 13 - 20 years exp. (5 salaries)	₹10.6 L/yr - ₹14 L/yr 82% less
Muthoot Microfin Zonal Manager Salary 15 - 18 years exp. (5 salaries)	₹10 L/yr - ₹15.8 L/yr 81% less
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Shriram Finance Zonal Manager Salary 9 - 12 years exp. (5 salaries)	₹5.1 L/yr - ₹8 L/yr 88% less
IIFL Finance Zonal Manager Salary 4 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 74% less
Satin Creditcare Network Zonal Manager Salary 11 - 14 years exp. (4 salaries)	₹12.1 L/yr - ₹15.6 L/yr 74% less
Manappuram Finance Zonal Manager Salary 8 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹6.3 L/yr 89% less
John Deere Financial Zonal Manager Salary 16 - 19 years exp. (4 salaries)	₹25.1 L/yr - ₹30 L/yr 52% less
Tata Capital Zonal Manager Salary 12 - 15 years exp. (4 salaries)	₹10.5 L/yr - ₹22 L/yr 73% less
Poonawalla Fincorp Zonal Manager Salary 7 - 15 years exp. (4 salaries)	₹13.3 L/yr - ₹16 L/yr 74% less	1 job opening
Piramal Capital Housing Finance Zonal Manager Salary 19 - 20 years exp. (3 salaries)	₹26.5 L/yr - ₹44.5 L/yr 30% less
Muthoot Finance Zonal Manager Salary 10 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 87% less

Zonal Manager salary at Mahindra Rural Housing Finance ranges between ₹30.6 Lakhs to ₹74.3 Lakhs per year for employees with experience between 20 years to 27 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Zonal Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹30.6 L/yr - ₹74.3 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Regional Manager Salary

(4 salaries)

₹6.15 L/yr - ₹24 L/yr

General Manager Salary

(4 salaries)

₹31 L/yr - ₹50 L/yr

Sales Manager Salary

(19 salaries)

₹1.5 L/yr - ₹6 L/yr

Zonal Head Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Deputy Manager Salary

(89 salaries)

₹3.2 L/yr - ₹10.75 L/yr

Cluster Manager Salary

(6 salaries)

₹3.35 L/yr - ₹11 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Salary related reviews for Mahindra Rural Housing Finance

Customer Service And Operations Executive in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

Salary - Bad

+6 more

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

Area Credit Manager in Kochi

Full Time

Other Department

1.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Skill development - Good

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

Salary - Bad

+1 more

Branch Manager in Akola

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

I like company culture environment co operative senior..

Skill development - Good

+5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

Customer Executive in Amravati

Full Time

Finance & Accounting Department

4.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Salary is received on time. Sudhya company paid salary while Corona was going on. The work of every department of the company is good

Work-life balance - Good

Dislikes

Officials abuse parents to get work. and does not support They work on holidays. They always threaten to fire me. Even after working. The language of the officers is very bad so the company is not working.

Skill development - Bad

+2 more

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Mahindra Rural Housing Finance Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Mahindra Rural Housing Finance ?

The average salary of a Zonal Manager at Mahindra Rural Housing Finance in India typically ranges from ₹30.6 Lakhs to ₹74.3 Lakhs per year, depending on experience (from 20 years to 27 years).

The top 10% of Zonal Manager at Mahindra Rural Housing Finance earn more than ₹74.3 Lakhs per year, and the top 1% earn over ₹74.3 Lakhs per year. Zonal Manager Salaries at Mahindra Rural Housing Finance 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 5 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Zonal Manager at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Zonal Manager at Mahindra Rural Housing Finance in India typically ranges from ₹3,19,674 to ₹3,31,838 per month. This is based on the average salary range of ₹30.6 Lakhs to ₹74.3 Lakhs per year for employees with experience ranging from 20 years to 27 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 5 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Zonal Manager in companies similar to Mahindra Rural Housing Finance in India?

The salary of a Zonal Manager at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Finance	₹26.0 Lakhs to ₹75.0 Lakhs per year
Piramal Capital Housing Finance	₹26.5 Lakhs to ₹44.5 Lakhs per year
Bajaj Finance	₹26.5 Lakhs to ₹58.0 Lakhs per year
Home Credit Finance	₹22.0 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Finance	₹20.2 Lakhs to ₹35.0 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 Zonal Manager at Mahindra Rural Housing Finance in India?

The salary growth for a Zonal Manager at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Zonal Manager can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience	Average Salary Range
15 years	₹30.6 Lakhs to ₹74.3 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Zonal Manager Salaries

Mahindra Rural Housing Finance Zonal Manager salary in India ranges between ₹30.6 Lakhs to ₹74.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.