Bajaj Finance Territory Manager Salaries by 4 Employees

2 - 14 years exp.

₹5.5 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Territory Manager Salary in NBFC Companies for 2 - 14 years of experience

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Last Updated: 8 Jun 2024

Companies similar to Bajaj Finance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Territory Manager Salary 2 - 14 years exp. (18 salaries)	₹10.4 L/yr - ₹19.2 L/yr 87% more
ICICI Bank Territory Manager Salary 4 - 15 years exp. (5 salaries)	₹4.1 L/yr - ₹9.5 L/yr 12% more
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Kotak Mahindra Bank Territory Manager Salary 5 - 15 years exp. (54 salaries)	₹5.6 L/yr - ₹15.5 L/yr 67% more
State Bank of India Territory Manager Salary 4 - 19 years exp. (4 salaries)	₹4.8 L/yr - ₹11.7 L/yr 18% more
Tata Capital Territory Manager Salary 0 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 84% more
Mahindra Finance Territory Manager Salary 7 - 16 years exp. (12 salaries)	₹5 L/yr - ₹10.3 L/yr 18% more
L&T Finance Territory Manager Salary 6 - 13 years exp. (165 salaries)	₹4.2 L/yr - ₹10 L/yr 18% more
HDB Financial Services Territory Manager Salary 3 - 16 years exp. (351 salaries)	₹3 L/yr - ₹10.5 L/yr 1% more	15 job openings
TVS Credit Territory Manager Salary 4 - 13 years exp. (214 salaries)	₹3 L/yr - ₹7.7 L/yr 6% less
Mahindra Rural Housing Finance Territory Manager Salary 7 - 18 years exp. (185 salaries)	₹4.5 L/yr - ₹13.1 L/yr 38% more
IIFL Finance Territory Manager Salary 10 - 18 years exp. (177 salaries)	₹5 L/yr - ₹13 L/yr 39% more	1 job opening
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Satin Creditcare Network Territory Manager Salary 5 - 12 years exp. (40 salaries)	₹3 L/yr - ₹6 L/yr 27% less
SMFG India Credit Territory Manager Salary 5 - 15 years exp. (30 salaries)	₹3.6 L/yr - ₹12 L/yr 19% more
Muthoot Fincorp Territory Manager Salary 7 - 14 years exp. (7 salaries)	₹6.7 L/yr - ₹9.6 L/yr 32% more	1 job opening
Bharat Financial Inclusion Territory Manager Salary 13 - 16 years exp. (7 salaries)	₹12 L/yr - ₹17 L/yr 130% more
Muthoot Finance Territory Manager Salary 15 - 20 years exp. (5 salaries)	₹6 L/yr - ₹8.5 L/yr 24% more
IIFL SAMASTA Territory Manager Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 19% less
Kotak Mahindra Prime Territory Manager Salary 6 - 9 years exp. (4 salaries)	₹5.8 L/yr - ₹9.7 L/yr 19% more
Shriram Finance Territory Manager Salary 5 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹10 L/yr 5% less
SK Finance Limited Territory Manager Salary 8 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹9.9 L/yr 33% more

Territory Manager salary at Bajaj Finance ranges between ₹5.5 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Territory Manager salaries

Last Updated: 8 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.7 L/yr
3 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.1 L/yr

View all

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Salary related reviews for Bajaj Finance

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Skill development - Bad

+4 more

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Skill development - Excellent

+3 more

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Salary - Poor

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Salary - Excellent

+1 more

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

Work satisfaction - Bad

+2 more

Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2021

5.0

for Salary and Benefits

Likes

One joins bajaj for good pay and incentives ofcourse.....If you want to earn money you join Bajaj finance limited..... that's it ......

Salary - Excellent

Dislikes

Policies and rules are different.....People are treated as per their Band not as per policy......One with the power or sitting at higher level can do anything they like or can manipulates policies......They don't treat you equally like I mentioned People are treated as per their Band not as per policy

Skill development - Poor

+2 more

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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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Bajaj Finance Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Finance ?

The average salary of a Territory Manager at Bajaj Finance in India typically ranges from ₹5.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Territory Manager at Bajaj Finance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Territory Manager Salaries at Bajaj Finance 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 4 Bajaj Finance employees in India.

What is the estimated take home salary of a Territory Manager at Bajaj Finance in India?

The estimated take-home salary of a Territory Manager at Bajaj Finance in India typically ranges from ₹47,043 to ₹48,157 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 14 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 4 salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finance for Territory Manager in India?

Bharat Financial Inclusion	₹12.0 Lakhs to ₹17.0 Lakhs per year
HDFC Bank	₹10.4 Lakhs to ₹19.2 Lakhs per year
Tata Capital	₹5.0 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank	₹5.6 Lakhs to ₹15.5 Lakhs per year
IIFL Finance	₹5.0 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Bajaj Finance in India?

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

Mahindra Rural Housing Finance	₹4.5 Lakhs to ₹13.1 Lakhs per year
SK Finance Limited	₹6.8 Lakhs to ₹9.9 Lakhs per year
Muthoot Fincorp	₹6.7 Lakhs to ₹9.6 Lakhs per year
Muthoot Finance	₹6.0 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Prime	₹5.8 Lakhs to ₹9.7 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 Territory Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹11.7 Lakhs per year
3 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
4 years	₹2.6 Lakhs to ₹7.0 Lakhs per year
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Bajaj Finance Territory Manager Salaries

Bajaj Finance Territory Manager salary in India ranges between ₹5.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.