Muthoot Fincorp Zonal HR Manager Salaries by 9 Employees (Updated 2025)

10 - 16 years exp.

₹7.6 Lakhs - ₹12.7 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Zonal HR Manager Salary in NBFC Companies for 10 - 16 years of experience

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Last Updated: 19 Jan 2025

Companies similar to Muthoot Fincorp for Zonal HR Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance Zonal HR Manager Salary 13 - 15 years exp. (3 salaries)	₹14.5 L/yr - ₹38 L/yr 188% more
L&T Finance Zonal HR Manager Salary 7 - 9 years exp. (3 salaries)	₹10 L/yr - ₹32 L/yr 146% more
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HDB Financial Services Zonal HR Manager Salary 9 - 17 years exp. (23 salaries)	₹10.4 L/yr - ₹19 L/yr 51% more
IIFL Finance Zonal HR Manager Salary 0 - 11 years exp. (12 salaries)	₹5 L/yr - ₹10.1 L/yr 36% less
Muthoot Finance Zonal HR Manager Salary 6 - 8 years exp. (4 salaries)	₹5.7 L/yr - ₹7 L/yr 38% less
Satin Creditcare Network Zonal HR Manager Salary 9 - 14 years exp. (3 salaries)	₹6.5 L/yr - ₹14.5 L/yr 8% more
Mahindra Rural Housing Finance Zonal HR Manager Salary 15 - 17 years exp. (3 salaries)	₹21.6 L/yr - ₹27.6 L/yr 139% more
Poonawalla Fincorp Zonal HR Manager Salary 14 - 17 years exp. (3 salaries)	₹14.9 L/yr - ₹19 L/yr 65% more

Zonal HR Manager salary at Muthoot Fincorp ranges between ₹7.6 Lakhs to ₹12.7 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Zonal HR Manager salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹16.8 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹9.7 L/yr
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12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹18 L/yr
14 years (3 salaries)	₹10 L/yr - ₹12.7 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹10.7 L/yr

View all

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Senior Manager-HR Salary

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Senior Human Resource Officer Salary

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Executive - Operations and HR Salary

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Assistant Manager Hrbp Salary

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₹4.2 L/yr - ₹9.5 L/yr

Top skills at Muthoot Fincorp for Zonal HR Manager

Interviewing Analytical skills Resource Allocation Negotiation Skills

Salary related reviews for Muthoot Fincorp

5.0

Rated by 1 employees for salary & benefits

Senior HR Executive in Bangalore / Bengaluru

Full Time

Human Resources Department

3.0

• posted on 07 Nov 2024

3.0

for Salary and Benefits

Likes

Work life Balance, on time salary,

Skill development - Good

+2 more

Dislikes

Less growth as many employees are in lower management even after spending 10+ years in the company. Less support department employees head count to coordinate with big number of employees pool.

Junior Manager HR in Pankaj Towers, Punnen Road, Thiruvananthapuram

Full Time

Human Resources Department

5.0

• posted on 27 Jul 2023

1.0

for Salary and Benefits

Likes

We have our own comfort while working here because there is no work pressure but we have to develop skills our own. But without any doubt I can proudly say the long stint of 9.5 years with Muthoot has sobered in motivation and enlightened my career knowledge.

Skill development - Good

+3 more

Dislikes

Low salary, no hike, no encouraging co-workers, Managers always gaining benefit of their own by taking advantage of work done by subordinates.

Salary - Bad

+1 more

Assistant Manager Administrator in Kozhikode

Infrastructure and administration Department

4.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Done lots of travel in North Kerala. There is a Muthoot Fincorp branch in every nook and corner of Kerala

Promotions - Good

+1 more

Dislikes

Roles and responsibilities did not change even after promotion and there was no significant hike in salary as well

Salary - Poor

Senior Executive in Goa

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

Salary - Bad

+6 more

Customer Service Executive in New Delhi

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.

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 !

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Fincorp Zonal HR Manager Salary FAQs

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

The average salary of a Zonal HR Manager at Muthoot Fincorp in India typically ranges from ₹7.6 Lakhs to ₹12.7 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Zonal HR Manager at Muthoot Fincorp earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Zonal HR Manager 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 9 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Zonal HR Manager at Muthoot Fincorp in India typically ranges from ₹72,341 to ₹74,207 per month. This is based on the average salary range of ₹7.6 Lakhs to ₹12.7 Lakhs per year for employees with experience ranging from 10 years to 16 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 9 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 HR Manager at Muthoot Fincorp ?

To be a Zonal HR Manager at Muthoot Fincorp in india, the key skills required include:

- Interviewing
- Analytical skills
- Resource Allocation
- Negotiation Skills

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 HR Manager in India?

Cholamandalam Investment & Finance	₹14.5 Lakhs to ₹38.0 Lakhs per year
L&T Finance	₹10.0 Lakhs to ₹32.0 Lakhs per year
Mahindra Rural Housing Finance	₹21.6 Lakhs to ₹27.6 Lakhs per year
Poonawalla Fincorp	₹14.9 Lakhs to ₹19.0 Lakhs per year
HDB Financial Services	₹10.4 Lakhs to ₹19.0 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 HR Manager in companies similar to Muthoot Fincorp in India?

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

Satin Creditcare Network	₹6.5 Lakhs to ₹14.5 Lakhs per year
IIFL Finance	₹5.0 Lakhs to ₹10.1 Lakhs per year
Muthoot Finance	₹5.7 Lakhs to ₹7.0 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 HR Manager at Muthoot Fincorp in India?

The salary growth for a Zonal HR Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Zonal HR Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience	Average Salary Range
10 years	₹7.6 Lakhs to ₹16.8 Lakhs per year
11 years	₹8.4 Lakhs to ₹9.7 Lakhs per year
12 years	₹8.8 Lakhs to ₹11.3 Lakhs per year
13 years	₹9.7 Lakhs to ₹18.0 Lakhs per year

and so on.

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Muthoot Fincorp Zonal HR Manager Salaries

Muthoot Fincorp Zonal HR Manager salary in India ranges between ₹7.6 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.