Muthoot Finance Zonal Credit Manager Salaries by 4 Employees (Updated 2024)

11 - 15 years exp.

₹20.5 Lakhs - ₹27 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Zonal Credit Manager Salary in NBFC Companies for 11 - 15 years of experience

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Salaries in different departments

Strategic & Top Management Zonal Credit Manager Salary 12 - 15 years exp. (3 salaries)	₹18.5 L/yr - ₹22.6 L/yr
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Risk Management & Compliance Zonal Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹24.3 L/yr - ₹29.7 L/yr

Last Updated: 6 Jul 2024

Companies similar to Muthoot Finance for Zonal Credit Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Zonal Credit Manager Salary 11 - 22 years exp. (4 salaries)	₹4.5 L/yr - ₹36.6 L/yr 16% less
Bajaj Finance Zonal Credit Manager Salary 11 - 19 years exp. (13 salaries)	₹28 L/yr - ₹45 L/yr 70% more
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ICICI Bank Zonal Credit Manager Salary 6 - 17 years exp. (229 salaries)	₹10.8 L/yr - ₹35 L/yr 4% less
Axis Bank Zonal Credit Manager Salary 11 - 27 years exp. (19 salaries)	₹21.8 L/yr - ₹36 L/yr 29% more
Kotak Mahindra Bank Zonal Credit Manager Salary 16 - 19 years exp. (4 salaries)	₹30.5 L/yr - ₹42.5 L/yr 71% more
Tata Capital Zonal Credit Manager Salary 12 - 24 years exp. (10 salaries)	₹30 L/yr - ₹36.5 L/yr 47% more
Aditya Birla Finance Zonal Credit Manager Salary 11 - 15 years exp. (4 salaries)	₹22.4 L/yr - ₹52 L/yr 61% more
HDB Financial Services Zonal Credit Manager Salary 10 - 22 years exp. (15 salaries)	₹20.4 L/yr - ₹29 L/yr 14% more	1 job opening
Muthoot Fincorp Zonal Credit Manager Salary 15 - 22 years exp. (5 salaries)	₹26.5 L/yr - ₹33 L/yr 30% more
PNB Housing Finance Zonal Credit Manager Salary 17 - 19 years exp. (5 salaries)	₹32 L/yr - ₹42 L/yr 59% more
Tata Capital Housing Finance Zonal Credit Manager Salary 17 - 20 years exp. (5 salaries)	₹29.5 L/yr - ₹42 L/yr 62% more
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Poonawalla Fincorp Zonal Credit Manager Salary 13 - 18 years exp. (5 salaries)	₹32 L/yr - ₹55 L/yr 86% more	1 job opening
IIFL Finance Zonal Credit Manager Salary 15 - 18 years exp. (4 salaries)	₹27 L/yr - ₹30 L/yr 25% more
Kotak Mahindra Prime Zonal Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹19 L/yr - ₹30 L/yr 11% more
Aavas Financiers Zonal Credit Manager Salary 9 - 10 years exp. (5 salaries)	₹21.9 L/yr - ₹24.5 L/yr 6% more
Mahindra Rural Housing Finance Zonal Credit Manager Salary 12 - 16 years exp. (3 salaries)	₹40.8 L/yr - ₹52 L/yr 105% more
L&T Finance Zonal Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹33 L/yr - ₹46 L/yr 89% more
SMFG India Credit Zonal Credit Manager Salary 13 - 14 years exp. (3 salaries)	₹28.8 L/yr - ₹38.3 L/yr 51% more

Zonal Credit Manager salary at Muthoot Finance ranges between ₹20.5 Lakhs to ₹27 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Zonal Credit Manager salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹27 L/yr
12 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹41.6 L/yr
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13 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹39.2 L/yr
14 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
15+ years (AmbitionBox Estimate)	₹20.5 L/yr - ₹20.5 L/yr

Similar Designation salaries in Muthoot Finance

Regional Credit Manager Salary

(7 salaries)

₹11.5 L/yr - ₹22.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹2.5 L/yr - ₹9.63 L/yr

Branch Credit Manager Salary

(5 salaries)

₹2 L/yr - ₹6.19 L/yr

Credit Manager Salary

(61 salaries)

₹3 L/yr - ₹6.3 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.1 L/yr - ₹5.6 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹3.85 L/yr - ₹4.5 L/yr

Sales Manager Salary

(33 salaries)

₹2.25 L/yr - ₹6.3 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(34 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Top skills at Muthoot Finance for Zonal Credit Manager

Loans Financial Statements Monitoring Credit Risk Compliance Customer Experience Legal Risk Management Team Management Training Sales housing loan CRM Quality Audit bfsi

Salary related reviews for Muthoot Finance

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

Branch Manager in Amritsar

Other Department

4.0

• posted on 05 May 2022

4.0

for Salary and Benefits

Likes

Good environment for female staff, transfer staff within 25km,salary hike every year , free health insurance for staff and family, transparent policies ,

Dislikes

Long hours timing which creates difficulty to manage personal life, staff have to visit to on Sunday and holidays which is not much beneficial for company but disturb staff's personal routine for holidays

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Zonal Credit Manager Salary FAQs

What is the salary of Zonal Credit Manager at Muthoot Finance?

Zonal Credit Manager salary at Muthoot Finance in India ranges between ₹20.5 Lakhs to ₹27.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 10% less than the average Zonal Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Zonal Credit Manager at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Zonal Credit Manager at Muthoot Finance is 10% less than the average salary of a Zonal Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Zonal Credit Manager at Muthoot Finance?

Loans, Financial Statements, Monitoring, Credit Risk and Compliance are some of the popular skills required to work as a Zonal Credit Manager at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Zonal Credit Manager in India?

Mahindra Rural Housing Finance Zonal Credit Manager Salary - ₹40.8 Lakhs to ₹52.0 Lakhs per year
L&T Finance Zonal Credit Manager Salary - ₹33.0 Lakhs to ₹46.0 Lakhs per year
Poonawalla Fincorp Zonal Credit Manager Salary - ₹32.0 Lakhs to ₹55.0 Lakhs per year
Kotak Mahindra Bank Zonal Credit Manager Salary - ₹30.5 Lakhs to ₹42.5 Lakhs per year
Bajaj Finance Zonal Credit Manager Salary - ₹28.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Zonal Credit Manager in companies similar to Muthoot Finance in India?

Tata Capital Housing Finance Zonal Credit Manager Salary - ₹29.5 Lakhs to ₹42.0 Lakhs per year
Aditya Birla Finance Zonal Credit Manager Salary - ₹22.4 Lakhs to ₹52.0 Lakhs per year
PNB Housing Finance Zonal Credit Manager Salary - ₹32.0 Lakhs to ₹42.0 Lakhs per year
SMFG India Credit Zonal Credit Manager Salary - ₹28.8 Lakhs to ₹38.3 Lakhs per year
Tata Capital Zonal Credit Manager Salary - ₹30.0 Lakhs to ₹36.5 Lakhs per year

What is the estimated take home salary of a Zonal Credit Manager at Muthoot Finance in India?

The estimated take-home salary of a Zonal Credit Manager at Muthoot Finance ranges between ₹1,42,736 per month to ₹1,48,053 per month in India. The take-home salary calculation is based on the average Muthoot Finance Zonal Credit Manager salary in India which ranges between ₹20.5 Lakhs to ₹27.0 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Zonal Credit Manager at Muthoot Finance?

According to AmbitionBox, 67% of the Muthoot Finance Zonal Credit Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Zonal Credit Manager Salaries

Muthoot Finance Zonal Credit Manager salary in India ranges between ₹20.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.