Muthoot Fincorp Zonal Manager Salaries by 6 Employees (Updated 2025)

7 - 20 years exp.

₹8.5 Lakhs - ₹15.8 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Zonal Manager Salary in NBFC Companies for 7 - 20 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Zonal Manager Salary 7 - 20 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹15 L/yr
BFSI, Investments & Trading Zonal Manager Salary 18 years exp. (AmbitionBox Estimate)	₹14.2 L/yr - ₹17.3 L/yr
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Human Resources Zonal Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr
Strategic & Top Management Zonal Manager Salary 7 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to Muthoot Fincorp for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Zonal Manager Salary 8 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹6.3 L/yr 48% less
Bajaj Finance Zonal Manager Salary 12 - 21 years exp. (22 salaries)	₹26.5 L/yr - ₹58 L/yr 219% more	31 job openings
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Shriram Finance Zonal Manager Salary 9 - 12 years exp. (5 salaries)	₹5.1 L/yr - ₹8 L/yr 45% less
Mahindra Finance Zonal Manager Salary 13 - 20 years exp. (5 salaries)	₹10.6 L/yr - ₹14 L/yr 13% less
L&T Finance Zonal Manager Salary 15 - 21 years exp. (8 salaries)	₹26 L/yr - ₹75 L/yr 327% more
HDB Financial Services Zonal Manager Salary 16 - 23 years exp. (35 salaries)	₹18.8 L/yr - ₹35 L/yr 126% more
Tata Capital Zonal Manager Salary 12 - 15 years exp. (4 salaries)	₹10.5 L/yr - ₹22 L/yr 27% more
Bharat Financial Inclusion Zonal Manager Salary 11 - 15 years exp. (8 salaries)	₹5.5 L/yr - ₹7.2 L/yr 41% less
Spandana Sphoorty Financial Zonal Manager Salary 3 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.7 L/yr 44% less
Asirvad Microfinance Zonal Manager Salary 10 - 15 years exp. (6 salaries)	₹7 L/yr - ₹15.6 L/yr 5% less
Mahindra Rural Housing Finance Zonal Manager Salary 20 - 27 years exp. (5 salaries)	₹30.6 L/yr - ₹74.3 L/yr 372% more
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Muthoot Microfin Zonal Manager Salary 15 - 18 years exp. (5 salaries)	₹10 L/yr - ₹15.8 L/yr 12% less
IIFL Finance Zonal Manager Salary 4 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 22% more
Satin Creditcare Network Zonal Manager Salary 11 - 14 years exp. (4 salaries)	₹12.1 L/yr - ₹15.6 L/yr 24% more
PNB Housing Finance Zonal Manager Salary 12 - 17 years exp. (4 salaries)	₹14 L/yr - ₹29 L/yr 72% more
Poonawalla Fincorp Zonal Manager Salary 7 - 15 years exp. (4 salaries)	₹13.3 L/yr - ₹16 L/yr 22% more
Capri Global Capital Zonal Manager Salary 10 - 23 years exp. (3 salaries)	₹15.5 L/yr - ₹29 L/yr 86% more
Muthoot Finance Zonal Manager Salary 10 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 37% less

Zonal Manager salary at Muthoot Fincorp ranges between ₹8.5 Lakhs to ₹15.8 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Zonal Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
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9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.4 L/yr
14 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
15+ years (3 salaries)	₹5.7 L/yr - ₹15.8 L/yr

View all

Similar Designation salaries in Muthoot Fincorp

Regional Manager Salary

(40 salaries)

₹8.25 L/yr - ₹14.65 L/yr

Sales Manager Salary

(61 salaries)

₹3 L/yr - ₹6.8 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹24 L/yr - ₹24.05 L/yr

Zonal Head Salary

(6 salaries)

₹14 L/yr - ₹34 L/yr

Deputy Manager Salary

(68 salaries)

₹2.75 L/yr - ₹7.9 L/yr

Cluster Manager Salary

(10 salaries)

₹5.2 L/yr - ₹10.5 L/yr

Business Manager Salary

(3 salaries)

₹3.5 L/yr - ₹8 L/yr

Area Sales Manager Salary

(15 salaries)

₹6 L/yr - ₹9.3 L/yr

Senior Sales Manager Salary

(5 salaries)

₹3.55 L/yr - ₹6.25 L/yr

Zonal Business Manager Salary

(AmbitionBox Estimate)

₹25.9 L/yr - ₹33.1 L/yr

Top skills at Muthoot Fincorp for Zonal Manager

Risk Control Delinquency Management

Salary related reviews for Muthoot Fincorp

5.0

Rated by 2 employees for salary & benefits

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 !

Senior Customer Service Executive in New Delhi

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.

Promotions - Bad

Senior Customer Service Executive in New Delhi

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

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.

Promotions - Poor

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

Skill development - Good

+4 more

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

see more salary related reviews

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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Fincorp Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Muthoot Fincorp ?

The average salary of a Zonal Manager at Muthoot Fincorp in India typically ranges from ₹8.5 Lakhs to ₹15.8 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Zonal Manager at Muthoot Fincorp earn more than ₹15.7 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. Zonal 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 6 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Zonal Manager at Muthoot Fincorp in India typically ranges from ₹86,154 to ₹88,411 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹15.8 Lakhs per year for employees with experience ranging from 7 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 Manager at Muthoot Fincorp ?

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

- Risk Control
- Delinquency 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 Manager in India?

Mahindra Rural Housing Finance	₹30.6 Lakhs to ₹74.3 Lakhs per year
L&T Finance	₹26.0 Lakhs to ₹75.0 Lakhs per year
Bajaj Finance	₹26.5 Lakhs to ₹58.0 Lakhs per year
HDB Financial Services	₹18.8 Lakhs to ₹35.0 Lakhs per year
Capri Global Capital	₹15.5 Lakhs to ₹29.0 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 Manager in companies similar to Muthoot Fincorp in India?

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

PNB Housing Finance	₹14.0 Lakhs to ₹29.0 Lakhs per year
Tata Capital	₹10.5 Lakhs to ₹22.0 Lakhs per year
Satin Creditcare Network	₹12.1 Lakhs to ₹15.6 Lakhs per year
Poonawalla Fincorp	₹13.3 Lakhs to ₹16.0 Lakhs per year
IIFL Finance	₹8.5 Lakhs to ₹25.0 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 Muthoot Fincorp in India?

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

Experience	Average Salary Range
7 years	₹8.5 Lakhs to ₹9.5 Lakhs per year
8 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
9 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
10 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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Muthoot Fincorp Zonal Manager Salaries

Muthoot Fincorp Zonal Manager salary in India ranges between ₹8.5 Lakhs to ₹15.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.