Mahindra Finance Territory Sales Manager Salaries by 4 Employees

9 - 11 years exp.

₹8 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

50% more than the average Territory Sales Manager Salary in NBFC Companies for 9 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mahindra Finance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Territory Sales Manager Salary 4 - 17 years exp. (246 salaries)	₹3.8 L/yr - ₹10 L/yr 34% less	1 job opening
TVS Credit Territory Sales Manager Salary 3 - 11 years exp. (221 salaries)	₹3.5 L/yr - ₹8.5 L/yr 49% less
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SMFG India Credit Territory Sales Manager Salary 3 - 15 years exp. (38 salaries)	₹6 L/yr - ₹11 L/yr 25% less	2 job openings
Mahindra Rural Housing Finance Territory Sales Manager Salary 6 - 14 years exp. (20 salaries)	₹5 L/yr - ₹12.5 L/yr 24% less
IIFL Finance Territory Sales Manager Salary 4 - 16 years exp. (16 salaries)	₹6 L/yr - ₹9 L/yr 35% less
Poonawalla Fincorp Territory Sales Manager Salary 5 - 18 years exp. (12 salaries)	₹7.5 L/yr - ₹12.1 L/yr 13% less
Aavas Financiers Territory Sales Manager Salary 7 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹4.3 L/yr 68% less
L&T Finance Territory Sales Manager Salary 4 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹7.5 L/yr 38% less
Tata Capital Housing Finance Territory Sales Manager Salary 2 - 17 years exp. (7 salaries)	₹6 L/yr - ₹11.2 L/yr 26% less
Sammaan Capital Limited Territory Sales Manager Salary 1 - 11 years exp. (7 salaries)	₹2.3 L/yr - ₹9 L/yr 47% less
SK Finance Limited Territory Sales Manager Salary 7 - 12 years exp. (6 salaries)	₹10.5 L/yr - ₹13.4 L/yr 5% more
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Kotak Mahindra Prime Territory Sales Manager Salary 3 - 16 years exp. (5 salaries)	₹6.1 L/yr - ₹10 L/yr 33% less
John Deere Financial Territory Sales Manager Salary 4 - 7 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr 49% less

Territory Sales Manager salary at Mahindra Finance ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Territory Sales Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr

Similar Designation salaries in Mahindra Finance

Senior Sales Manager Salary

(6 salaries)

₹7.5 L/yr - ₹10.5 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Territory Manager Salary

(12 salaries)

₹5 L/yr - ₹10.25 L/yr

Assistant Sales Manager Salary

(8 salaries)

₹3.65 L/yr - ₹8.75 L/yr

Area Sales Manager Salary

(76 salaries)

₹4.2 L/yr - ₹16.32 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Channel Sales Manager Salary

(5 salaries)

₹3.05 L/yr - ₹13.15 L/yr

Senior Sales Officer Salary

(12 salaries)

₹2.55 L/yr - ₹4.8 L/yr

Sales Manager Salary

(108 salaries)

₹2.35 L/yr - ₹8.47 L/yr

Top skills at Mahindra Finance for Territory Sales Manager

Customer Profitability Business Development CRM Market Research CRM Project Management Distribution Network Inventory Management Performance Management Sales Promotion Performance Management Human Capital Management Financial Reporting Credit Management

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

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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Mahindra Finance ?

The average salary of a Territory Sales Manager at Mahindra Finance in India typically ranges from ₹8.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Territory Sales Manager at Mahindra Finance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Territory Sales Manager 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 Sales Manager at Mahindra Finance in India?

The estimated take-home salary of a Territory Sales Manager at Mahindra Finance in India typically ranges from ₹81,497 to ₹83,622 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 9 years to 11 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.

What are the key skills required to be a Territory Sales Manager at Mahindra Finance ?

To be a Territory Sales Manager at Mahindra Finance in india, the key skills required include:

- Customer Profitability
- Business Development
- CRM
- Market Research
- CRM

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

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

SK Finance Limited

₹10.5 Lakhs to ₹13.4 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 Sales Manager in companies similar to Mahindra Finance in India?

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

Poonawalla Fincorp	₹7.5 Lakhs to ₹12.1 Lakhs per year
Mahindra Rural Housing Finance	₹5.0 Lakhs to ₹12.5 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹11.0 Lakhs per year
Tata Capital Housing Finance	₹6.0 Lakhs to ₹11.2 Lakhs per year
Kotak Mahindra Prime	₹6.1 Lakhs to ₹10.0 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 Sales Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
9 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
10 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
11 years	₹7.8 Lakhs to ₹9.9 Lakhs per year

and so on.

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Mahindra Finance Territory Sales Manager Salaries

Mahindra Finance Territory Sales Manager salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Territory Sales Manager salaries in India

Companies similar to Mahindra Finance for Territory Sales Manager

Latest annual salaries shared by Mahindra Finance Territory Sales Manager

Experience wise Mahindra Finance Territory Sales Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Territory Sales Manager

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Deputy Manager in Mumbai

Relationship Manager in Chandigarh

Sales Executive in Derabassi

Business Development Executive in Nagaon

Mahindra Finance Territory Sales Manager Salary FAQs

Tell us how to improve this page.