Mahindra Rural Housing Finance Territory Business Manager Salaries by 6 Employees

8 - 11 years exp.

₹6 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% more than the average Territory Business Manager Salary in NBFC Companies for 8 - 11 years of experience

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Salaries in different departments

Sales & Business Development Territory Business Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Territory Business Manager Salary 8 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 8 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Territory Business Manager

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Territory Business Manager Salary 11 - 22 years exp. (13 salaries)	₹12.5 L/yr - ₹18.5 L/yr 62% more
John Deere Financial Territory Business Manager Salary 4 - 8 years exp. (9 salaries)	₹3.4 L/yr - ₹8.6 L/yr 20% less
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SMFG India Credit Territory Business Manager Salary 10 - 16 years exp. (8 salaries)	₹4.9 L/yr - ₹8.6 L/yr 13% less
TVS Credit Territory Business Manager Salary 1 - 17 years exp. (5 salaries)	₹4.7 L/yr - ₹5.5 L/yr 43% less
IIFL Finance Territory Business Manager Salary 10 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹8.6 L/yr 10% less
L&T Finance Territory Business Manager Salary 3 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹8.3 L/yr 24% less
HDB Financial Services Territory Business Manager Salary 9 - 20 years exp. (4 salaries)	₹5.5 L/yr - ₹7.8 L/yr 21% less
Bharat Financial Inclusion Territory Business Manager Salary 15 - 17 years exp. (3 salaries)	₹12.6 L/yr - ₹16.8 L/yr 75% more

Territory Business Manager salary at Mahindra Rural Housing Finance ranges between ₹6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Territory Business Manager salaries

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
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10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Territory Sales Manager Salary

(20 salaries)

₹5 L/yr - ₹12.5 L/yr

Regional Business Manager Salary

(3 salaries)

₹25 L/yr - ₹36.3 L/yr

Area Business Manager Salary

(6 salaries)

₹8.85 L/yr - ₹21 L/yr

Territory Manager Salary

(174 salaries)

₹4.5 L/yr - ₹13.1 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Regional Manager Salary

(4 salaries)

₹6.15 L/yr - ₹24 L/yr

Territory Executive Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Area Manager Salary

(10 salaries)

₹9.25 L/yr - ₹14 L/yr

Sales Manager Salary

(19 salaries)

₹1.5 L/yr - ₹6 L/yr

Salary related reviews for Mahindra Rural Housing Finance

1.2

Rated by 2 employees for salary & benefits

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Territory Sales Manager in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Apr 2023

4.0

for Salary and Benefits

Likes

Salary on time

Salary - Good

+2 more

Dislikes

No salary growth after internal promotion. Working on Sunday Late night Working Very poor incentive policy All work manually Poor infrastructure Lazy HR Casual approach company Risk on field to executive on collection time Poor legal

Skill development - Bad

+1 more

Territory Manager in Machilipatnam

Full Time

Sales & Business Development Department

5.0

• posted on 17 Oct 2022

2.0

for Salary and Benefits

Likes

1.In this company provide loans for rural people and transforming rural areas in that reason educate to rural people 2.For giving best career to every one 3.Freshers can do and mingle with this company easily

Job security - Excellent

+1 more

Dislikes

Salary Hich is very bad

Salary - Poor

Customer Service And Operations Executive in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

Salary - Bad

+6 more

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

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Salary Discussions, Hike & Promotions

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 Rural Housing Finance Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Mahindra Rural Housing Finance ?

The average salary of a Territory Business Manager at Mahindra Rural Housing Finance in India typically ranges from ₹6.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Territory Business Manager at Mahindra Rural Housing Finance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Territory Business Manager Salaries at Mahindra Rural Housing 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 6 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Territory Business Manager at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Territory Business Manager at Mahindra Rural Housing Finance in India typically ranges from ₹64,103 to ₹65,736 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 8 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 6 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Territory Business Manager in India?

Bharat Financial Inclusion	₹12.6 Lakhs to ₹16.8 Lakhs per year
Poonawalla Fincorp	₹12.5 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a Territory Business Manager in companies similar to Mahindra Rural Housing Finance in India?

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

IIFL Finance	₹7.5 Lakhs to ₹8.6 Lakhs per year
SMFG India Credit	₹4.9 Lakhs to ₹8.6 Lakhs per year
John Deere Financial	₹3.4 Lakhs to ₹8.6 Lakhs per year
HDB Financial Services	₹5.5 Lakhs to ₹7.8 Lakhs per year
L&T Finance	₹4.4 Lakhs to ₹8.3 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 Business Manager at Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
8 years	₹6.4 Lakhs to ₹8.1 Lakhs per year
9 years	₹7.4 Lakhs to ₹9.4 Lakhs per year
10 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
11 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Territory Business Manager Salaries

Mahindra Rural Housing Finance Territory Business Manager salary in India ranges between ₹6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.