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

31% 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 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: 19 Mar 2025

Companies similar to Muthoot Microfin for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Zonal Manager Salary 16 - 23 years exp. (35 salaries)	₹18.8 L/yr - ₹35 L/yr 158% more
Bajaj Finance Zonal Manager Salary 12 - 21 years exp. (22 salaries)	₹26.5 L/yr - ₹58 L/yr 264% more	27 job openings
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Annapurna Finance Zonal Manager Salary 12 - 16 years exp. (11 salaries)	₹9 L/yr - ₹15 L/yr 15% more
Home Credit Finance Zonal Manager Salary 15 - 19 years exp. (10 salaries)	₹22 L/yr - ₹45 L/yr 216% more
Bharat Financial Inclusion Zonal Manager Salary 11 - 15 years exp. (8 salaries)	₹5.5 L/yr - ₹7.2 L/yr 33% less
Spandana Sphoorty Financial Zonal Manager Salary 3 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.7 L/yr 36% less
L&T Finance Zonal Manager Salary 15 - 21 years exp. (8 salaries)	₹26 L/yr - ₹75 L/yr 387% more
Muthoot Fincorp Zonal Manager Salary 7 - 20 years exp. (6 salaries)	₹8.5 L/yr - ₹15.8 L/yr 14% more	1 job opening
Asirvad Microfinance Zonal Manager Salary 10 - 15 years exp. (6 salaries)	₹7 L/yr - ₹15.6 L/yr 9% more
Aditya Birla Finance Zonal Manager Salary 17 - 23 years exp. (5 salaries)	₹20.2 L/yr - ₹35 L/yr 195% more
Mahindra Rural Housing Finance Zonal Manager Salary 20 - 27 years exp. (5 salaries)	₹30.6 L/yr - ₹74.3 L/yr 438% more
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Mahindra Finance Zonal Manager Salary 13 - 20 years exp. (5 salaries)	₹10.6 L/yr - ₹14 L/yr At par
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 39% more
Satin Creditcare Network Zonal Manager Salary 11 - 14 years exp. (4 salaries)	₹12.1 L/yr - ₹15.6 L/yr 42% more
Manappuram Finance Zonal Manager Salary 8 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹6.3 L/yr 41% less
John Deere Financial Zonal Manager Salary 16 - 19 years exp. (4 salaries)	₹25.1 L/yr - ₹30 L/yr 157% more
Muthoot Finance Zonal Manager Salary 10 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 28% 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: 19 Mar 2025

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

(28 salaries)

₹5 L/yr - ₹11.15 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

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Zonal Head Sales Salary

(AmbitionBox Estimate)

₹10.3 L/yr - ₹13.1 L/yr

Area Sales Manager Salary

(4 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 5 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Microfin Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Muthoot Microfin ?

The average salary of a Zonal Manager at Muthoot Microfin in India typically ranges from ₹10.0 Lakhs to ₹15.8 Lakhs per year, depending on experience (from 15 years to 18 years).

The top 10% of Zonal Manager at Muthoot Microfin earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. Zonal Manager Salaries at Muthoot Microfin 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 5 Muthoot Microfin employees in India.

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 in India typically ranges from ₹76,349 to ₹78,329 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹15.8 Lakhs per year for employees with experience ranging from 15 years to 18 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 5 salaries received from various employees of Muthoot Microfin. 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 Microfin ?

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

- HR Strategy
- HR Implementation
- Retail Marketing
- Operations Management
- Regional Management

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Microfin 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
Home Credit Finance	₹22.0 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Finance	₹20.2 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.

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

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

HDB Financial Services	₹18.8 Lakhs to ₹35.0 Lakhs per year
John Deere Financial	₹25.1 Lakhs to ₹30.0 Lakhs per year
Satin Creditcare Network	₹12.1 Lakhs to ₹15.6 Lakhs per year
IIFL Finance	₹8.5 Lakhs to ₹25.0 Lakhs per year
Annapurna Finance	₹9.0 Lakhs to ₹15.0 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 Microfin in India?

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

Experience	Average Salary Range
15 years	₹10.0 Lakhs to ₹15.8 Lakhs per year

and so on.

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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.