IndusInd Bank Territory Sales Manager Salaries by 4 Employees (Updated 2024)

6 - 10 years exp.

₹4.8 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Territory Sales Manager Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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Sales & Business Development Territory Sales Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8 L/yr

Last Updated: 11 Jun 2024

Companies similar to IndusInd Bank for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Territory Sales Manager Salary 4 - 13 years exp. (23 salaries)	₹5 L/yr - ₹15.5 L/yr 34% more
ICICI Bank Territory Sales Manager Salary 0 - 12 years exp. (134 salaries)	₹1.8 L/yr - ₹7.8 L/yr 39% less
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Axis Bank Territory Sales Manager Salary 4 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹9 L/yr 10% less
Kotak Mahindra Bank Territory Sales Manager Salary 6 - 13 years exp. (64 salaries)	₹3.8 L/yr - ₹9.9 L/yr 5% less
Yes Bank Territory Sales Manager Salary 6 - 15 years exp. (4 salaries)	₹2.9 L/yr - ₹7.5 L/yr 20% less
Federal Bank Territory Sales Manager Salary 5 - 10 years exp. (5 salaries)	₹11 L/yr - ₹26 L/yr 157% more
RBL Bank Territory Sales Manager Salary 6 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹8.5 L/yr 4% more
IDFC FIRST Bank Territory Sales Manager Salary 1 - 12 years exp. (870 salaries)	₹3.5 L/yr - ₹12.1 L/yr 25% more	5 job openings
Baroda Global Shared Services Territory Sales Manager Salary 5 - 11 years exp. (58 salaries)	₹3.2 L/yr - ₹9.6 L/yr 6% less
IDBI Bank Territory Sales Manager Salary 7 - 15 years exp. (34 salaries)	₹3 L/yr - ₹6.5 L/yr 29% less
Bank of Baroda Territory Sales Manager Salary 3 - 15 years exp. (7 salaries)	₹4.3 L/yr - ₹9.5 L/yr 6% more
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Jana Small Finance Bank Territory Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹7 L/yr - ₹16 L/yr 64% more
Deutsche Bank Territory Sales Manager Salary 5 - 11 years exp. (5 salaries)	₹5 L/yr - ₹9.5 L/yr 9% more
AU Small Finance Bank Territory Sales Manager Salary 6 - 14 years exp. (4 salaries)	₹5 L/yr - ₹10.8 L/yr 25% more
Standard Chartered Territory Sales Manager Salary 7 - 18 years exp. (3 salaries)	₹5 L/yr - ₹10.5 L/yr 13% more

Territory Sales Manager salary at IndusInd Bank ranges between ₹4.8 Lakhs to ₹8.4 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Territory Sales Manager salaries

Last Updated: 11 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.4 L/yr

Similar Designation salaries in IndusInd Bank

Senior Sales Manager Salary

(17 salaries)

₹4.2 L/yr - ₹12.2 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Territory Manager Salary

(3 salaries)

₹7 L/yr - ₹8.12 L/yr

Assistant Sales Manager Salary

(41 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(1k salaries)

₹5 L/yr - ₹17 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Channel Sales Manager Salary

(6 salaries)

₹2.93 L/yr - ₹16.75 L/yr

Senior Sales Officer Salary

(8 salaries)

₹2 L/yr - ₹3.8 L/yr

Sales Manager Salary

(409 salaries)

₹2.05 L/yr - ₹11 L/yr

Deputy Manager Salary

(3.7k salaries)

₹1.7 L/yr - ₹8.13 L/yr

Salary related reviews for IndusInd Bank

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Business Development Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 23 Aug 2024

3.0

for Salary and Benefits

Likes

Salary on 25th every month.

Dislikes

Caste politics and office politics playing major role in here. Particular higher community lobby destroyed many employees future and lives. Especially tamilnadu sales region.

Business Development Manager in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

4.0

• posted on 03 Apr 2024

3.0

for Salary and Benefits

Likes

Job security, family secured , life insurance & health insurance cover

Dislikes

I do not like Indusind Bank because they deduct a lot of money from the salary, some incentives are made and some are given, the amount that the bank gives in a year is also very less.

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

Relationship Manager in Ashok Nagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2023

2.0

for Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at IndusInd Bank?

Territory Sales Manager salary at IndusInd Bank in India ranges between ₹4.8 Lakhs to ₹8.4 Lakhs for experience between 6 years to 10 years. According to our estimates it is 11% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a Territory Sales Manager at IndusInd Bank India compare with the average salary range for this job?

The average salary of a Territory Sales Manager at IndusInd Bank is 11% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Territory Sales Manager in India?

Federal Bank Territory Sales Manager Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Jana Small Finance Bank Territory Sales Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹15.5 Lakhs per year
IDFC FIRST Bank Territory Sales Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
AU Small Finance Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.8 Lakhs per year

What is the salary of a Territory Sales Manager in companies similar to IndusInd Bank in India?

Standard Chartered Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
Deutsche Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
Bank of Baroda Territory Sales Manager Salary - ₹4.3 Lakhs to ₹9.5 Lakhs per year
RBL Bank Territory Sales Manager Salary - ₹5.2 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Bank Territory Sales Manager Salary - ₹3.8 Lakhs to ₹9.9 Lakhs per year

What is the estimated take home salary of a Territory Sales Manager at IndusInd Bank in India?

The estimated take-home salary of a Territory Sales Manager at IndusInd Bank ranges between ₹50,942 per month to ₹52,144 per month in India. The take-home salary calculation is based on the average IndusInd Bank Territory Sales Manager salary in India which ranges between ₹4.8 Lakhs to ₹8.4 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Territory Sales Manager at IndusInd Bank?

According to AmbitionBox, 57% of the IndusInd Bank Territory Sales Managers reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IndusInd Bank Territory Sales Manager Salaries

IndusInd Bank Territory Sales Manager salary in India ranges between ₹4.8 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.