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

15 - 18 years exp.

₹10 Lakhs - ₹15.8 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Zonal Manager Salary in NBFC Companies for 15 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Manager Salary 15 - 17 years exp. (3 salaries)	₹10.2 L/yr - ₹15.8 L/yr
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Sales & Business Development Zonal Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12 L/yr

Last Updated: 15 Sep 2024

Companies similar to Muthoot Microfin for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Zonal Manager Salary 11 - 14 years exp. (7 salaries)	₹5.5 L/yr - ₹6.9 L/yr 36% less
Satin Creditcare Network Zonal Manager Salary 11 - 14 years exp. (4 salaries)	₹12.1 L/yr - ₹15.6 L/yr 38% more
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Spandana Sphoorty Financial Zonal Manager Salary 3 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.7 L/yr 39% less
Jana Small Finance Bank Zonal Manager Salary 20 - 23 years exp. (3 salaries)	₹11.1 L/yr - ₹12 L/yr 4% more
Annapurna Finance Zonal Manager Salary 12 - 16 years exp. (11 salaries)	₹9 L/yr - ₹15 L/yr 16% more
HDB Financial Services Zonal Manager Salary 14 - 23 years exp. (35 salaries)	₹16.7 L/yr - ₹34 L/yr 141% more
Bajaj Finance Zonal Manager Salary 11 - 23 years exp. (22 salaries)	₹26.5 L/yr - ₹55 L/yr 248% more
Home Credit Finance Zonal Manager Salary 15 - 19 years exp. (10 salaries)	₹22 L/yr - ₹45 L/yr 215% more
L&T Finance Zonal Manager Salary 15 - 21 years exp. (8 salaries)	₹26 L/yr - ₹75 L/yr 385% more
Muthoot Fincorp Zonal Manager Salary 7 - 20 years exp. (6 salaries)	₹8.5 L/yr - ₹15.8 L/yr 14% more
Aditya Birla Finance Zonal Manager Salary 17 - 23 years exp. (5 salaries)	₹20.2 L/yr - ₹35 L/yr 194% more
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Mahindra Finance Zonal Manager Salary 13 - 20 years exp. (5 salaries)	₹10.6 L/yr - ₹14 L/yr 1% less
Shriram Finance Zonal Manager Salary 9 - 12 years exp. (5 salaries)	₹5.1 L/yr - ₹8 L/yr 38% less
IIFL Finance Zonal Manager Salary 4 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 38% more
Manappuram Finance Zonal Manager Salary 8 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹6.3 L/yr 41% less
Mahindra Rural Housing Finance Zonal Manager Salary 20 - 23 years exp. (4 salaries)	₹30.6 L/yr - ₹94 L/yr 456% more
Muthoot Finance Zonal Manager Salary 10 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 29% less

Zonal Manager salary at Muthoot Microfin ranges between ₹10 Lakhs to ₹15.8 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Zonal Manager salaries

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹10 L/yr - ₹15.8 L/yr
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Similar Designation salaries in Muthoot Microfin

Regional Manager Salary

(32 salaries)

₹5 L/yr - ₹10 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Zonal Head Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

Deputy Manager Salary

(33 salaries)

₹2.9 L/yr - ₹7.88 L/yr

Zonal Head Sales Salary

(AmbitionBox Estimate)

₹10.3 L/yr - ₹13.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

State Head Salary

(3 salaries)

₹10 L/yr - ₹21 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Business Development Manager Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Top skills at Muthoot Microfin for Zonal Manager

HR Strategy HR Implementation Retail Marketing Operations Management Regional Management Packaging Performance Analysis Contractor Billing Document Verification Platinum Performance Evaluation Sales Performance Reporting Delinquency Management Fire Management

Salary related reviews for Muthoot Microfin

5.0

Rated by 7 employees for salary & benefits

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.

Salary - Excellent

+6 more

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.

Salary - Good

+3 more

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

Work satisfaction - Poor

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

Salary - Bad

+5 more

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

Job security - Good

+2 more

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.

Salary - Bad

+2 more

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

Skill development - Good

+2 more

Dislikes

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

Promotions - Bad

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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Muthoot Microfin?

Zonal Manager salary at Muthoot Microfin in India ranges between ₹10.0 Lakhs to ₹15.8 Lakhs for experience between 15 years to 18 years. According to our estimates it is 29% less than the average Zonal 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 Manager at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Zonal Manager at Muthoot Microfin is 29% less than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Zonal Manager at Muthoot Microfin?

HR Strategy, HR Implementation, Retail Marketing, Operations Management and Regional Management are some of the popular skills required to work as a Zonal Manager at Muthoot Microfin India.

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

Mahindra Rural Housing Finance Zonal Manager Salary - ₹30.6 Lakhs to ₹94.0 Lakhs per year
L&T Finance Zonal Manager Salary - ₹26.0 Lakhs to ₹75.0 Lakhs per year
Bajaj Finance Zonal Manager Salary - ₹26.5 Lakhs to ₹55.0 Lakhs per year
Home Credit Finance Zonal Manager Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Finance Zonal Manager Salary - ₹20.2 Lakhs to ₹35.0 Lakhs per year

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

HDB Financial Services Zonal Manager Salary - ₹16.7 Lakhs to ₹34.0 Lakhs per year
IIFL Finance Zonal Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Satin Creditcare Network Zonal Manager Salary - ₹12.1 Lakhs to ₹15.6 Lakhs per year
Annapurna Finance Zonal Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Muthoot Fincorp Zonal Manager Salary - ₹8.5 Lakhs to ₹15.8 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at Muthoot Microfin ranges between ₹76,612 per month to ₹78,599 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Zonal Manager salary in India which ranges between ₹10.0 Lakhs to ₹15.8 Lakhs per year for employees with experience between 15 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Microfin Zonal Managers reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Zonal Manager Salaries

Muthoot Microfin Zonal Manager salary in India ranges between ₹10 Lakhs to ₹15.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.