Muthoot Microfin Zonal Credit Manager Salaries by 5 Employees (Updated 2025)

8 - 10 years exp.

₹5 Lakhs - ₹10.1 Lakhs

Low Confidence

Salary of majority employees

72% less than the average Zonal Credit Manager Salary in NBFC Companies for 8 - 10 years of experience

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Salaries in different departments

Risk Management & Compliance Zonal Credit Manager Salary 8 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10.1 L/yr
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BFSI, Investments & Trading Zonal Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

Last Updated: 17 Nov 2024

Companies similar to Muthoot Microfin for Zonal Credit Manager

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Zonal Credit Manager Salary 13 - 21 years exp. (5 salaries)	₹20 L/yr - ₹35 L/yr 300% more
Annapurna Finance Zonal Credit Manager Salary 0 - 12 years exp. (8 salaries)	₹4.5 L/yr - ₹8 L/yr 20% less
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Tata Motors Finance Zonal Credit Manager Salary 0 - 18 years exp. (35 salaries)	₹5 L/yr - ₹17 L/yr 37% more
HDB Financial Services Zonal Credit Manager Salary 10 - 22 years exp. (15 salaries)	₹20.4 L/yr - ₹29 L/yr 265% more
Bajaj Finance Zonal Credit Manager Salary 11 - 19 years exp. (13 salaries)	₹28 L/yr - ₹45 L/yr 423% more
Muthoot Fincorp Zonal Credit Manager Salary 15 - 22 years exp. (5 salaries)	₹26.5 L/yr - ₹33 L/yr 308% more
Muthoot Finance Zonal Credit Manager Salary 11 - 19 years exp. (5 salaries)	₹13 L/yr - ₹27 L/yr 169% more
IIFL Finance Zonal Credit Manager Salary 15 - 18 years exp. (4 salaries)	₹27 L/yr - ₹30 L/yr 294% more
Aditya Birla Finance Zonal Credit Manager Salary 11 - 15 years exp. (5 salaries)	₹22.4 L/yr - ₹52 L/yr 400% more
Shriram Finance Zonal Credit Manager Salary 11 - 22 years exp. (4 salaries)	₹4.5 L/yr - ₹36.6 L/yr 165% more
Mahindra Rural Housing Finance Zonal Credit Manager Salary 12 - 16 years exp. (3 salaries)	₹40.8 L/yr - ₹52 L/yr 545% more
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L&T Finance Zonal Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹33 L/yr - ₹46 L/yr 493% more
SMFG India Credit Zonal Credit Manager Salary 13 - 14 years exp. (3 salaries)	₹28.8 L/yr - ₹38.3 L/yr 375% more

Zonal Credit Manager salary at Muthoot Microfin ranges between ₹5 Lakhs to ₹10.1 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Zonal Credit Manager salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.8 L/yr
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10 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.1 L/yr

Similar Designation salaries in Muthoot Microfin

Regional Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7 L/yr

Area Credit Manager Salary

(29 salaries)

₹2 L/yr - ₹5.5 L/yr

Branch Credit Manager Salary

(147 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹2.88 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Senior Credit Officer Salary

(5 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.4 L/yr

Credit Officer Salary

(69 salaries)

₹1.4 L/yr - ₹2.7 L/yr

Branch Manager Salary

(94 salaries)

₹2 L/yr - ₹4.1 L/yr

Salary related reviews for Muthoot Microfin

5.0

Rated by 1 employees for salary & benefits

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2023

1.0

for Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Microfin Zonal Credit Manager Salary FAQs

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

Zonal Credit Manager salary at Muthoot Microfin in India ranges between ₹5.0 Lakhs to ₹10.1 Lakhs for experience between 8 years to 10 years. According to our estimates it is 72% less than the average Zonal Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Zonal Credit Manager at Muthoot Microfin is 72% less 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 Microfin 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
Bajaj Finance Zonal Credit Manager Salary - ₹28.0 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Finance Zonal Credit Manager Salary - ₹22.4 Lakhs to ₹52.0 Lakhs per year
SMFG India Credit Zonal Credit Manager Salary - ₹28.8 Lakhs to ₹38.3 Lakhs per year

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

Muthoot Fincorp Zonal Credit Manager Salary - ₹26.5 Lakhs to ₹33.0 Lakhs per year
Jana Small Finance Bank Zonal Credit Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
IIFL Finance Zonal Credit Manager Salary - ₹27.0 Lakhs to ₹30.0 Lakhs per year
HDB Financial Services Zonal Credit Manager Salary - ₹20.4 Lakhs to ₹29.0 Lakhs per year
Muthoot Finance Zonal Credit Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Zonal Credit Manager at Muthoot Microfin ranges between ₹52,585 per month to ₹53,892 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Zonal Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.1 Lakhs per year for employees with experience between 8 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Microfin Zonal Credit Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Zonal Credit Manager Salaries

Muthoot Microfin Zonal Credit Manager salary in India ranges between ₹5 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.