Mahindra & Mahindra Nagpur Territory Manager Salaries by 4 Employees

6 - 9 years exp.

₹8.7 Lakhs - ₹13.4 Lakhs

Salary of majority employees

Fixed (90%)

₹9.7 Lakhs

Variable (10%)

₹1.0 Lakh

41% more than the average Territory Manager Salary in Automobile Companies for 6 - 9 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 6 - 9 years exp. (3 salaries)	₹8.7 L/yr - ₹14 L/yr
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Marketing & Communication Territory Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹10.5 L/yr

Last Updated: 5 Sep 2024

Companies similar to Mahindra & Mahindra for Territory Manager in Nagpur

Mahindra & Mahindra Territory Manager Salary

6 - 9 years exp. (4 salaries)

₹8.7 L/yr - ₹13.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Hero MotoCorp Territory Manager Salary 1 - 9 years exp. (14 salaries)	₹7.6 L/yr - ₹17.5 L/yr 13% more
TVS Motor Territory Manager Salary 3 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹25 L/yr 37% more
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IDFC FIRST Bank Territory Manager Salary 1 - 12 years exp. (26 salaries)	₹4.1 L/yr - ₹10.9 L/yr 23% less	13 job openings
Hero FinCorp Territory Manager Salary 5 - 17 years exp. (11 salaries)	₹3.3 L/yr - ₹10.1 L/yr 38% less
Bajaj Allianz General Insurance Territory Manager Salary 3 - 12 years exp. (11 salaries)	₹2.7 L/yr - ₹7 L/yr 50% less

Territory Manager salary at Mahindra & Mahindra ranges between ₹8.7 Lakhs to ₹13.4 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Territory Manager salaries in Nagpur

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr

From

Territory Manager

₹

Lakhs/yr

3 - 17 years exp.

Area Manager

₹

Lakhs/yr

8 - 18 years exp.

Territory Manager 3 - 17 years exp.

Assistant Area Manager 8 - 15 years exp.

47% hike

Area Manager 8 - 18 years exp.

8% hike

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 Mahindra & Mahindra

Deputy Manager Salary

(88 salaries)

₹7 L/yr - ₹18.18 L/yr

Territory Sales Manager Salary

(5 salaries)

₹5 L/yr - ₹10.55 L/yr

Top skills at Mahindra & Mahindra for Territory Manager

CRM Market Development Forecasting Sales Promotion Customer Satisfaction SAP CO Trend Analysis Software Configuration Management Customer Service Salesforce Computer Networking Excel Interpersonal Skills Market Research Finance

Salary related reviews for Mahindra & Mahindra

Territory Manager in Coimbatore

Sales & Business Development Department

1.0

• posted on 04 Jul 2018

4.0

for Salary and Benefits

Likes

Only thing is compensation.

Salary - Good

Dislikes

There is no clarity in vision of spares business unit. They work just to impress the management.but badly fail to work towards the goal which will really make the business profitable and sustainable for long run.

Skill development - Bad

+3 more

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

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Mahindra & Mahindra Territory Manager Salary FAQs

What is the salary of Territory Manager at Mahindra & Mahindra in Nagpur?

The average salary of a Territory Manager at Mahindra & Mahindra in Nagpur typically ranges from ₹8.7 Lakhs to ₹13.4 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Territory Manager in Nagpur at Mahindra & Mahindra earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Territory Manager Salaries at Mahindra & Mahindra 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 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Territory Manager at Mahindra & Mahindra in Nagpur?

The estimated take-home salary of a Territory Manager at Mahindra & Mahindra in Nagpur typically ranges from ₹76,585 to ₹78,571 per month. This is based on the average salary range of ₹8.7 Lakhs to ₹13.4 Lakhs per year for employees with experience ranging from 6 years to 9 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 Mahindra & Mahindra. 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 Mahindra & Mahindra in Nagpur?

To be a Territory Manager at Mahindra & Mahindra in Nagpur, the key skills required include:

- CRM
- Market Development
- Forecasting
- Sales Promotion
- Customer Satisfaction

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

Which companies offer higher salaries than Mahindra & Mahindra for Territory Manager in India?

TVS Motor	₹6.5 Lakhs to ₹25.0 Lakhs per year
Hero MotoCorp	₹7.6 Lakhs to ₹17.5 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Mahindra & Mahindra in Nagpur?

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

IDFC FIRST Bank	₹4.1 Lakhs to ₹10.9 Lakhs per year
Hero FinCorp	₹3.3 Lakhs to ₹10.1 Lakhs per year
Bajaj Allianz General Insurance	₹2.7 Lakhs to ₹7.0 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 Territory Manager at Mahindra & Mahindra in Nagpur?

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

Experience	Average Salary Range
6 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
7 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
8 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
9 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Mahindra & Mahindra Territory Manager Salaries in Nagpur

Mahindra & Mahindra Territory Manager salary in Nagpur ranges between ₹8.7 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.