Mahindra Finance Territory Head Salaries by 4 Employees

10 - 15 years exp.

₹6.8 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Territory Head Salary in NBFC Companies for 10 - 15 years of experience

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Salaries in different departments

Finance & Accounting Territory Head Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8 L/yr
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Sales & Business Development Territory Head Salary 15 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 17 Sep 2023

Companies similar to Mahindra Finance for Territory Head

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Territory Head Salary 14 - 20 years exp. (4 salaries)	₹11.5 L/yr - ₹14 L/yr 57% more
TVS Credit Territory Head Salary 4 - 13 years exp. (3 salaries)	₹6 L/yr - ₹7.3 L/yr 21% less
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L&T Finance Territory Head Salary 12 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹8.3 L/yr 6% less
Bajaj Electricals Territory Head Salary 2 - 11 years exp. (174 salaries)	₹4.9 L/yr - ₹12 L/yr At par
HDFC Bank Territory Head Salary 9 - 20 years exp. (124 salaries)	₹9.5 L/yr - ₹30 L/yr 142% more

Territory Head salary at Mahindra Finance ranges between ₹6.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Territory Head salaries

Last Updated: 17 Sep 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
15+ years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr

View all

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Salary related reviews for Mahindra Finance

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Area Business Manager in Lucknow

Full Time

Sales & Business Development Department

3.0

• posted on 27 Jan 2024

4.0

for Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

Salary - Good

+1 more

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

Skill development - Poor

+3 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Mahindra Finance Territory Head Salary FAQs

What is the salary of Territory Head at Mahindra Finance ?

The average salary of a Territory Head at Mahindra Finance in India typically ranges from ₹6.8 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Territory Head at Mahindra Finance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Territory Head Salaries at Mahindra 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 Mahindra Finance employees in India.

What is the estimated take home salary of a Territory Head at Mahindra Finance in India?

The estimated take-home salary of a Territory Head at Mahindra Finance in India typically ranges from ₹59,822 to ₹61,334 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 10 years to 15 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 Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Territory Head in India?

HDFC Bank	₹9.5 Lakhs to ₹30.0 Lakhs per year
Mahindra Rural Housing Finance	₹11.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Electricals	₹4.9 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Territory Head in companies similar to Mahindra Finance in India?

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

L&T Finance	₹7.2 Lakhs to ₹8.3 Lakhs per year
TVS Credit	₹6.0 Lakhs to ₹7.3 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 Head at Mahindra Finance in India?

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

Experience	Average Salary Range
10 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
11 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
12 years	₹7.1 Lakhs to ₹9.0 Lakhs per year
13 years	₹7.5 Lakhs to ₹9.6 Lakhs per year

and so on.

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Mahindra Finance Territory Head Salaries

Mahindra Finance Territory Head salary in India ranges between ₹6.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.