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Mahindra Finance Territory Manager salaries in India

Annual salary range
7 - 16 years exp.
₹5 Lakhs - ₹10.3 Lakhs
Salary of majority employees
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At par with the average Territory Manager Salary in NBFC Companies for 7 - 16 years of experience

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Salaries in different departments

Finance & Accounting
Territory Manager Salary
7 - 16 years exp. (6 salaries)
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₹5 L/yr - ₹9.5 L/yr

Sales & Business Development
Territory Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹8.2 L/yr - ₹8.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Territory Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Territory Manager Salary

2 - 14 years exp. (4 salaries)

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₹5.5 L/yr - ₹7 L/yr

arrow icon 15% less
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HDFC Bank Territory Manager Salary

2 - 14 years exp. (18 salaries)

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₹10.4 L/yr - ₹19.2 L/yr

arrow icon 58% more
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Shriram Finance Territory Manager Salary

5 - 11 years exp. (4 salaries)

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₹4.3 L/yr - ₹10 L/yr

arrow icon 19% less
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L&T Finance Territory Manager Salary

6 - 14 years exp. (172 salaries)

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₹4.2 L/yr - ₹9.3 L/yr

arrow icon 1% less
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 56% less
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Muthoot Finance Territory Manager Salary

15 - 20 years exp. (5 salaries)

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₹6 L/yr - ₹8.5 L/yr

arrow icon 5% more
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₹6.6 L/yr - ₹8.5 L/yr

At par
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Edelweiss Territory Manager Salary

5 - 17 years exp. (5 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 23% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 51% less
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IIFL Finance Territory Manager Salary

8 - 18 years exp. (135 salaries)

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₹4.8 L/yr - ₹14 L/yr

arrow icon 16% more
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Territory Manager salary at Mahindra Finance ranges between ₹5 Lakhs to ₹10.3 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Territory Manager

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7 years exp.
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11 years exp.
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12 years exp.
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11 years exp.
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12 years exp.
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14 years exp.
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10 years exp.

Experience wise Mahindra Finance Territory Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹8.6 L/yr
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Mahindra Finance Territory Manager Salary and Career Growth

From

To

Territory Manager

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7 - 16 years exp.

Divisional Manager

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9 - 23 years exp.

Territory Manager 7 - 16 years exp.
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Area Business Manager 5 - 18 years exp.
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arrow icon 19% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 105% 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 Finance

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    ₹8 L/yr - ₹14 L/yr
    Deputy Manager Salary
    (234 salaries)
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    ₹4.04 L/yr - ₹11.5 L/yr
    Senior Territory Manager Salary
    (AmbitionBox Estimate)
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    ₹8.5 L/yr - ₹10.8 L/yr
    Area Manager Salary
    (96 salaries)
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    ₹3.08 L/yr - ₹12.5 L/yr
    Territory Business Manager Salary
    (AmbitionBox Estimate)
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    ₹7.6 L/yr - ₹9.7 L/yr
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    ₹4.2 L/yr - ₹16.35 L/yr
    Sales Manager Salary
    (107 salaries)
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    ₹2.35 L/yr - ₹8.2 L/yr
    Territory Sales Incharge Salary
    (AmbitionBox Estimate)
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    ₹3.3 L/yr - ₹4.3 L/yr
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    ₹3.15 L/yr - ₹10.5 L/yr
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    ₹2.2 L/yr - ₹6 L/yr

    Top skills at Mahindra Finance for Territory Manager

    Bfsi Sales Sales Retail Sales
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    Salary related reviews for Mahindra Finance

    3.3

    Rated by 11 employees for salary & benefits

    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.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    So far no issues.

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 31 Jul 2020

    1.0
     for  Salary and Benefits

    Likes

    Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

    read more

    Dislikes

    ...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

    read more
    • Salary - Bad
    • +6 more

    Finance & Accounting Department

    5.0
      •  posted on 19 Feb 2022

    5.0
     for  Salary and Benefits

    Likes

    Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

    read more
    • Salary - Excellent
    • +5 more

    Dislikes

    Salary is decent but career growth is slow. On the job training is not given to new joinees.

    read more

    Research & Development Department

    3.0
      •  posted on 22 Oct 2021

    2.0
     for  Salary and Benefits

    Likes

    Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

    read more
    • Skill development - Good

    Dislikes

    There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

    read more
    • Salary - Poor
    • +1 more

    Finance & Accounting Department

    5.0
      •  posted on 28 Apr 2021

    5.0
     for  Salary and Benefits

    Likes

    Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

    read more
    • Salary - Excellent
    • +5 more

    Dislikes

    ...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

    read more
    see more salary related reviews

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    Mahindra Finance Territory Manager Salary FAQs

    What is the salary of Territory Manager at Mahindra Finance?
    Territory Manager salary at Mahindra Finance in India ranges between ₹5.0 Lakhs to ₹10.3 Lakhs for experience between 7 years to 16 years. According to our estimates it is 2% less than the average Territory Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Mahindra Finance India.
    How does the salary of a Territory Manager at Mahindra Finance India compare with the average salary range for this job?
    The average salary of a Territory Manager at Mahindra Finance is 2% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Territory Manager at Mahindra Finance?
    Bfsi Sales, Sales and Retail Sales are some of the popular skills required to work as a Territory Manager at Mahindra Finance India.
    Which similar companies are paying more than Mahindra Finance to a Territory Manager in India?
    • Sundaram Finance Territory Manager Salary - ₹17.0 Lakhs to ₹23.5 Lakhs per year
    • Bharat Financial Inclusion Territory Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
    • HDFC Bank Territory Manager Salary - ₹10.4 Lakhs to ₹19.2 Lakhs per year
    • Poonawalla Fincorp Territory Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
    • LendingKart Territory Manager Salary - ₹6.1 Lakhs to ₹10.0 Lakhs per year
    What is the salary of a Territory Manager in companies similar to Mahindra Finance in India?
    • Mahindra Rural Housing Finance Territory Manager Salary - ₹4.6 Lakhs to ₹13.5 Lakhs per year
    • IIFL Finance Territory Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
    • SK Finance Limited Territory Manager Salary - ₹6.8 Lakhs to ₹9.9 Lakhs per year
    • Muthoot Fincorp Territory Manager Salary - ₹6.7 Lakhs to ₹9.6 Lakhs per year
    • Muthoot Finance Territory Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
    What is the estimated take home salary of a Territory Manager at Mahindra Finance in India?
    The estimated take-home salary of a Territory Manager at Mahindra Finance ranges between ₹54,387 per month to ₹55,745 per month in India. The take-home salary calculation is based on the average Mahindra Finance Territory Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.3 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?
    What is the notice period for Territory Manager at Mahindra Finance?
    According to AmbitionBox, 67% of the Mahindra Finance Territory Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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    Mahindra Finance Territory Manager salary in India ranges between ₹5 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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