HDB Financial Services Mumbai Territory Manager Salaries by 10+ Employees (Updated 2025)

5 - 14 years exp.

₹4 Lakhs - ₹9.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Territory Manager Salary in NBFC Companies for 5 - 14 years of experience

Interested in this particular role? 21 job openings

Salaries in different departments

Sales & Business Development Territory Manager Salary 5 - 14 years exp. (6 salaries)	₹4.5 L/yr - ₹9.6 L/yr
BFSI, Investments & Trading Territory Manager Salary 8 - 14 years exp. (4 salaries)	₹4.7 L/yr - ₹7.5 L/yr
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Finance & Accounting Territory Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
Customer Success, Service & Operations Territory Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.4 L/yr

Last Updated: 16 Mar 2025

Companies similar to HDB Financial Services for Territory Manager in Mumbai

HDB Financial Services Territory Manager Salary

5 - 14 years exp. (14 salaries)

₹4 L/yr - ₹9.6 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Territory Manager Salary 10 - 15 years exp. (9 salaries)	₹5.3 L/yr - ₹10.5 L/yr 31% more	2 job openings
Hero FinCorp Territory Manager Salary 6 - 15 years exp. (4 salaries)	₹3.8 L/yr - ₹9.5 L/yr 15% more
Login to view exact salary
Fedbank Financial Services Territory Manager Salary 8 - 18 years exp. (3 salaries)	₹4.5 L/yr - ₹8 L/yr 12% more
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (76 salaries)	₹4.1 L/yr - ₹14 L/yr 37% more	13 job openings
Hafele Territory Manager Salary 1 - 9 years exp. (33 salaries)	₹7.1 L/yr - ₹11.6 L/yr 63% more	2 job openings

Territory Manager salary at HDB Financial Services ranges between ₹4 Lakhs to ₹9.6 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Territory Manager in Mumbai

3w ago

₹5 Lakhs

8 years exp.

3mo ago

₹5.1 Lakhs

8 years exp.

5mo ago

₹4.5 Lakhs

5 years exp.

6mo ago

₹9.6 Lakhs

14 years exp.

8mo ago

₹7.3 Lakhs

8 years exp.

1y ago

12 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

1y ago

14 years exp.

Experience wise HDB Financial Services Territory Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
8 years (4 salaries)	₹5 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
13 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
14 years (3 salaries)	₹2.9 L/yr - ₹9.6 L/yr

View all

From

Territory Manager

3 - 16 years exp.

Area Sales Manager

7 - 18 years exp.

From

View 2 more levels

Territory Manager

3 - 16 years exp.

Zonal Business Manager

11 - 19 years exp.

From

View 2 more levels

Territory Manager

3 - 16 years exp.

Zonal Manager

16 - 23 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

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Deputy Manager Salary

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Senior Sales Manager Salary

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Area Sales Manager Salary

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Territory Sales Manager Salary

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₹4.5 L/yr - ₹8.3 L/yr

Area Manager Salary

(9 salaries)

₹7 L/yr - ₹13.5 L/yr

Top skills at HDB Financial Services for Territory Manager

Sales Gold Loan Team Handling Team Handling Salesforce Marketing Team Management Territory Management Gold Loan Business Development Personal Loans Finance gold Personal Loans Financial Services

Salary related reviews for HDB Financial Services

2.1

Rated by 4 employees for salary & benefits

Territory Manager in Hanamkonda

Full Time

Sales & Business Development Department

5.0

• posted on 18 Jul 2021

3.0

for Salary and Benefits

Likes

Job security Career Growth

Skill development - Good

+3 more

Dislikes

Salary s need to increase . within HDB it's good but when compare with compitition it's little variation . Work life is not good but it's not HDB issue ..it's depending on type of product (consumer Durable )

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Senior Sales Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

Job secured for a standard term with lesser business. Overall maximum loans disbursement after login with minimum documentation and -cibil also.

Job security - Good

Dislikes

No Work life balance, poor salary, bad behaviors from managers each and every time,groupism.No thankful behavior for hardwork.

Salary - Poor

+3 more

Senior Sales Officer in Palakkad

Full Time

Sales & Business Development Department

4.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Salary and incentive plans

Salary - Good

+4 more

Dislikes

NEED A PROPER TEAM FOR COLLECTION AND RELPL TELE-CALLING CAN BE SPARED FROM CD DPL OFFICERS. Incentive cuting,i did’t received my onam period incentive even after one month.this is a quite bad thing i felt in the company .i am totally disappointed.i worked so hard in those days for the company.it really sad.

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Territory Manager Salary FAQs

What is the salary of Territory Manager at HDB Financial Services in Mumbai?

The average salary of a Territory Manager at HDB Financial Services in Mumbai typically ranges from ₹4.0 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Territory Manager in Mumbai at HDB Financial Services earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Territory Manager Salaries at HDB Financial Services 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 10+ HDB Financial Services employees in India.

What is the estimated take home salary of a Territory Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Territory Manager at HDB Financial Services in Mumbai typically ranges from ₹46,367 to ₹47,466 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 5 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Territory Manager at HDB Financial Services in Mumbai?

To be a Territory Manager at HDB Financial Services in Mumbai, the key skills required include:

- Sales
- Gold Loan
- Team Handling
- Team Handling
- Salesforce

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDB Financial Services for Territory Manager in India?

Hafele	₹7.1 Lakhs to ₹11.6 Lakhs per year
IDFC FIRST Bank	₹4.1 Lakhs to ₹14.0 Lakhs per year
IIFL Finance	₹5.3 Lakhs to ₹10.5 Lakhs per year
Hero FinCorp	₹3.8 Lakhs to ₹9.5 Lakhs per year
Fedbank Financial Services	₹4.5 Lakhs to ₹8.0 Lakhs per year

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

How the salary growth look like for a Territory Manager at HDB Financial Services in Mumbai?

The salary growth for a Territory Manager at HDB Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Mumbai can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
8 years	₹5.0 Lakhs to ₹7.3 Lakhs per year

and so on.

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HDB Financial Services Territory Manager Salaries in Mumbai

HDB Financial Services Territory Manager salary in Mumbai ranges between ₹4 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDB Financial Services latest salaries received from various employees of HDB Financial Services.