Mahindra Finance Territory Manager Salaries by 10+ Employees (Updated 2025)

7 - 16 years exp.

₹5 Lakhs - ₹10.3 Lakhs

Salary of majority employees

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)	₹5 L/yr - ₹9.5 L/yr
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Sales & Business Development Territory Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹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
Bajaj Finance Territory Manager Salary 2 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹7 L/yr 15% less
HDFC Bank Territory Manager Salary 2 - 14 years exp. (18 salaries)	₹10.4 L/yr - ₹19.2 L/yr 58% more
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Shriram Finance Territory Manager Salary 5 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹10 L/yr 19% less
L&T Finance Territory Manager Salary 6 - 14 years exp. (171 salaries)	₹4.2 L/yr - ₹9.3 L/yr At par
Cholamandalam Investment & Finance Territory Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 56% less
Muthoot Finance Territory Manager Salary 15 - 20 years exp. (5 salaries)	₹6 L/yr - ₹8.5 L/yr 5% more
Aditya Birla Capital Territory Manager Salary 3 - 7 years exp. (8 salaries)	₹6.6 L/yr - ₹8.5 L/yr At par
Edelweiss Territory Manager Salary 5 - 17 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr 23% less
Sammaan Capital Limited Territory Manager Salary 1 - 11 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 51% less
IIFL Finance Territory Manager Salary 8 - 18 years exp. (132 salaries)	₹4.8 L/yr - ₹14 L/yr 15% more

View all

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.

Experience wise Mahindra Finance Territory Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹8.6 L/yr
12 years (3 salaries)	₹5.8 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.1 L/yr
15+ years (AmbitionBox Estimate)	₹7.3 L/yr - ₹13.1 L/yr

View all

From

Territory Manager

₹

Lakhs/yr

7 - 16 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Territory Manager 7 - 16 years exp.

Area Business Manager 5 - 18 years exp.

19% hike

Divisional Manager 9 - 23 years exp.

114% 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

Territory Sales Manager Salary

(4 salaries)

₹8 L/yr - ₹14 L/yr

Deputy Manager Salary

(320 salaries)

₹4 L/yr - ₹11.5 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Area Manager Salary

(96 salaries)

₹3.08 L/yr - ₹12.5 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Area Sales Manager Salary

(71 salaries)

₹4.2 L/yr - ₹16.35 L/yr

Sales Manager Salary

(105 salaries)

₹2.35 L/yr - ₹8.2 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Sales Manager Salary

(7 salaries)

₹3.15 L/yr - ₹10.5 L/yr

Relationship Manager Salary

(98 salaries)

₹2.2 L/yr - ₹6 L/yr

Top skills at Mahindra Finance for Territory Manager

Bfsi Sales Sales Retail Sales

Salary related reviews for Mahindra Finance

3.3

Rated by 11 employees for salary & benefits

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.

Relationship Manager in Chandigarh

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.

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.

Salary - Bad

+6 more

Sales Executive in Derabassi

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.

Salary - Excellent

+5 more

Dislikes

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

Business Development Executive in Nagaon

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.

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...

Salary - Poor

+1 more

Sales Executive in Moradabad

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.

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.

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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 - ₹4.5 Lakhs to ₹13.1 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 Salaries

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