Muthoot Fincorp Zonal Credit Manager Salaries by 5 Employees

15 - 22 years exp.

₹26.5 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

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16% more than the average Zonal Credit Manager Salary in NBFC Companies for 15 - 22 years of experience

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Last Updated: 21 May 2024

Companies similar to Muthoot Fincorp for Zonal Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Zonal Credit Manager Salary 11 - 19 years exp. (13 salaries)	Unlock ₹28 L/yr - ₹45 L/yr 28% more
Shriram Finance Zonal Credit Manager Salary 11 - 22 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹36.6 L/yr 35% less
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Cholamandalam Investment & Finance Zonal Credit Manager Salary 12 - 22 years exp. (10 salaries)	Unlock ₹44.5 L/yr - ₹61 L/yr 82% more
L&T Finance Zonal Credit Manager Salary 15 - 16 years exp. (3 salaries)	Unlock ₹33 L/yr - ₹46 L/yr 45% more
HDB Financial Services Zonal Credit Manager Salary 10 - 22 years exp. (16 salaries)	Unlock ₹20.4 L/yr - ₹29 L/yr 10% less
Tata Capital Zonal Credit Manager Salary 12 - 24 years exp. (10 salaries)	Unlock ₹30 L/yr - ₹36.5 L/yr 14% more	1 job opening
PNB Housing Finance Zonal Credit Manager Salary 17 - 20 years exp. (6 salaries)	Unlock ₹32 L/yr - ₹42 L/yr 25% more
Poonawalla Fincorp Zonal Credit Manager Salary 17 - 24 years exp. (6 salaries)	Unlock ₹32 L/yr - ₹50 L/yr 39% more
Muthoot Microfin Zonal Credit Manager Salary 8 - 10 years exp. (5 salaries)	Unlock ₹5 L/yr - ₹10.1 L/yr 76% less
Tata Capital Housing Finance Zonal Credit Manager Salary 17 - 20 years exp. (5 salaries)	Unlock ₹29.5 L/yr - ₹42 L/yr 25% more
Aavas Financiers Zonal Credit Manager Salary 9 - 10 years exp. (5 salaries)	Unlock ₹21.9 L/yr - ₹24.5 L/yr 19% less
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Muthoot Finance Zonal Credit Manager Salary 11 - 19 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹27 L/yr 34% less
IIFL Finance Zonal Credit Manager Salary 13 - 18 years exp. (4 salaries)	Unlock ₹27 L/yr - ₹42 L/yr 3% less
Kotak Mahindra Prime Zonal Credit Manager Salary 10 - 15 years exp. (4 salaries)	Unlock ₹19 L/yr - ₹30 L/yr 14% less
Mahindra Rural Housing Finance Zonal Credit Manager Salary 12 - 17 years exp. (4 salaries)	Unlock ₹40.8 L/yr - ₹52 L/yr 56% more
SMFG India Credit Zonal Credit Manager Salary 13 - 14 years exp. (3 salaries)	Unlock ₹28.8 L/yr - ₹38.3 L/yr 16% more

Zonal Credit Manager salary at Muthoot Fincorp ranges between ₹26.5 Lakhs to ₹33 Lakhs per year for employees with experience between 15 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Zonal Credit Manager salaries

Last Updated: 21 May 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	Unlock ₹26.5 L/yr - ₹33 L/yr
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Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Agra

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

Fix office timing and supportive staff

Skill development - Good

+1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

Branch Manager in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

Salary - Good

+6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

Skill development - Excellent

+4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

Salary - Poor

Branch Manager in Sulur

Full Time

Other Department

4.0

• posted on 02 Sep 2024

4.0

for Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

Salary - Good

+6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

Branch Manager in Kothagudem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2020

4.0

for Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

Salary - Good

+6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Zonal Credit Manager Salary FAQs

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

Zonal Credit Manager salary at Muthoot Fincorp in India ranges between ₹26.5 Lakhs to ₹33.0 Lakhs for experience between 15 years to 22 years. According to our estimates it is 16% more than the average Zonal Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp India.

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

The average salary of a Zonal Credit Manager at Muthoot Fincorp is 16% more than the average salary of a Zonal Credit Manager in India. To know exact salary insights, login to view.

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

Cholamandalam Investment & Finance Zonal Credit Manager Salary - ₹44.5 Lakhs to ₹61.0 Lakhs per year
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 ₹50.0 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 Fincorp in India?

PNB Housing Finance Zonal Credit Manager Salary - ₹32.0 Lakhs to ₹42.0 Lakhs per year
Tata Capital Housing Finance Zonal Credit Manager Salary - ₹29.5 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
IIFL Finance Zonal Credit Manager Salary - ₹27.0 Lakhs to ₹42.0 Lakhs per year

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

The estimated take-home salary of a Zonal Credit Manager at Muthoot Fincorp ranges between ₹1,77,919 per month to ₹1,84,827 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Zonal Credit Manager salary in India which ranges between ₹26.5 Lakhs to ₹33.0 Lakhs per year for employees with experience between 15 years to 22 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Fincorp Zonal Credit Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Fincorp Zonal Credit Manager Salaries

Muthoot Fincorp Zonal Credit Manager salary in India ranges between ₹26.5 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.