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Muthoot Fincorp Zonal Head salaries in India

Annual salary range
13 - 20 years exp.
₹14 Lakhs - ₹34 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Zonal Head Salary in NBFC Companies for 13 - 20 years of experience

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Salaries in different departments

Sales & Business Development
Zonal Head Salary
13 - 16 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹29 L/yr

BFSI, Investments & Trading
Zonal Head Salary
20 years exp. (AmbitionBox Estimate)
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₹14.2 L/yr - ₹34 L/yr

Strategic & Top Management
Zonal Head Salary
15 years exp. (AmbitionBox Estimate)
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₹19.1 L/yr - ₹27 L/yr

Last Updated: 18 Sep 2024

Companies similar to Muthoot Fincorp for Zonal Head

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Zonal Head Salary

6 - 15 years exp. (7 salaries)

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₹4.1 L/yr - ₹12 L/yr

arrow icon 69% less
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Shriram Finance Zonal Head Salary

10 - 24 years exp. (7 salaries)

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₹6 L/yr - ₹39.6 L/yr

arrow icon 15% less
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L&T Finance Zonal Head Salary

20 - 26 years exp. (6 salaries)

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₹44.8 L/yr - ₹1 Cr/yr

arrow icon 226% more
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IIFL Finance Zonal Head Salary

18 - 22 years exp. (5 salaries)

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₹22.7 L/yr - ₹37.9 L/yr

arrow icon 28% more
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LendingKart Zonal Head Salary

10 - 26 years exp. (4 salaries)

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₹24 L/yr - ₹40 L/yr

arrow icon 33% more
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Aavas Financiers Zonal Head Salary

16 - 19 years exp. (4 salaries)

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₹30 L/yr - ₹36 L/yr

arrow icon 42% more
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SMFG India Credit Zonal Head Salary

12 - 14 years exp. (4 salaries)

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₹27 L/yr - ₹31 L/yr

arrow icon 22% more
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Capri Global Capital Zonal Head Salary

11 - 20 years exp. (3 salaries)

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₹22.4 L/yr - ₹41.5 L/yr

arrow icon 31% more
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Mahindra Finance Zonal Head Salary

14 - 15 years exp. (3 salaries)

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₹13.9 L/yr - ₹30 L/yr

arrow icon 8% more
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Poonawalla Fincorp Zonal Head Salary

15 - 26 years exp. (3 salaries)

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₹33.7 L/yr - ₹54 L/yr

arrow icon 94% more
Zonal Head salary at Muthoot Fincorp ranges between ₹14 Lakhs to ₹34 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Zonal Head

3mo ago
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16 years exp.
5mo ago
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14 years exp.
8mo ago
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20 years exp.
1y ago
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15 years exp.
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13 years exp.
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14 years exp.

Experience wise Muthoot Fincorp Zonal Head salaries

Last Updated: 18 Sep 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹14 L/yr - ₹34.9 L/yr
14 years (AmbitionBox Estimate)

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₹18 L/yr - ₹27 L/yr
15+ years  (3 salaries)

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₹27 L/yr - ₹34 L/yr

Similar Designation salaries in Muthoot Fincorp

Regional Head Salary
(AmbitionBox Estimate)
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₹11.4 L/yr - ₹14.6 L/yr
State Head Salary
(6 salaries)
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₹10.4 L/yr - ₹20.5 L/yr
Zonal Manager Salary
(6 salaries)
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₹8.5 L/yr - ₹15.75 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Business Head Salary
(AmbitionBox Estimate)
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₹41.4 L/yr - ₹52.9 L/yr
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₹8.25 L/yr - ₹14.65 L/yr
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₹24 L/yr - ₹24.05 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Deputy Manager Salary
(69 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
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₹3.5 L/yr - ₹8 L/yr

Top skills at Muthoot Fincorp for Zonal Head

Team Management Product Launch Loans Strategic Planning Stakeholder Management Analytical Team Building Operations Business Development Performance Monitoring Recruitment Change Management Customer Service

Salary related reviews for Muthoot Fincorp

4.5

Rated by 7 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

3.0
  •  posted on 11 Feb 2025

2.0
 for  Salary and Benefits

Likes

Job security

  • Skill development - Excellent
  • +2 more

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard or industry. Had to report office at sharp 9:30 AM morning and late night sittings. No week off in last 10 days of months. you have to work on Sundays also.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 Dec 2024

5.0
 for  Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

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Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 Dec 2024

3.0
 for  Salary and Benefits

Likes

Working timing is good, and salary is always come on time.

  • Job security - Good
  • +2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

read more
  • Promotions - Bad

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 Dec 2024

4.0
 for  Salary and Benefits

Likes

Working timing is good, Salary come on time , great place for girls as they get job nearest to home

read more
  • Salary - Good
  • +2 more

Dislikes

Working culture is toxic in some branches as there is lot of gap between management and employees. Employees do not able to contact HR for their problems. Appraisal and increment is not good as only buttering people get that.

read more
  • Promotions - Poor
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Muthoot Fincorp Zonal Head Salary FAQs

What is the salary of Zonal Head at Muthoot Fincorp ?
The average salary of a Zonal Head at Muthoot Fincorp in India typically ranges from ₹14.0 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 13 years to 20 years).

The top 10% of Zonal Head at Muthoot Fincorp earn more than ₹33.5 Lakhs per year, and the top 1% earn over ₹34.0 Lakhs per year. Zonal Head Salaries at Muthoot Fincorp 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 6 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Zonal Head at Muthoot Fincorp in India?
The estimated take-home salary of a Zonal Head at Muthoot Fincorp in India typically ranges from ₹1,51,437 to ₹1,57,148 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹34.0 Lakhs per year for employees with experience ranging from 13 years to 20 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 6 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Zonal Head at Muthoot Fincorp ?
To be a Zonal Head at Muthoot Fincorp in india, the key skills required include:

  • - Team Management
  • - Product Launch
  • - Loans
  • - Strategic Planning
  • - Stakeholder Management

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Zonal Head in India?
L&T Finance ₹44.8 Lakhs to ₹101.0 Lakhs per year
Poonawalla Fincorp ₹33.7 Lakhs to ₹54.0 Lakhs per year
Aavas Financiers ₹30.0 Lakhs to ₹36.0 Lakhs per year
LendingKart ₹24.0 Lakhs to ₹40.0 Lakhs per year
Capri Global Capital ₹22.4 Lakhs to ₹41.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Zonal Head in companies similar to Muthoot Fincorp in India?
The salary of a Zonal Head at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹22.7 Lakhs to ₹37.9 Lakhs per year
SMFG India Credit ₹27.0 Lakhs to ₹31.0 Lakhs per year
Mahindra Finance ₹13.9 Lakhs to ₹30.0 Lakhs per year
Shriram Finance ₹6.0 Lakhs to ₹39.6 Lakhs per year
Manappuram Finance ₹4.1 Lakhs to ₹12.0 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 Head at Muthoot Fincorp in India?
The salary growth for a Zonal Head at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Zonal Head can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
13 years ₹14.0 Lakhs to ₹34.9 Lakhs per year
14 years ₹18.0 Lakhs to ₹27.0 Lakhs per year
15 years ₹27.0 Lakhs to ₹34.0 Lakhs per year
and so on.

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Muthoot Fincorp Zonal Head salary in India ranges between ₹14 Lakhs to ₹34 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.