Mahindra Rural Housing Finance Territory Business Manager Salaries by 6 Employees (Updated 2025)

8 - 11 years exp.

₹6 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

35% 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
L&T Finance Territory Business Manager Salary 3 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹8.3 L/yr 24% less
Sammaan Capital Limited Territory Business Manager Salary 7 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 39% less
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HDFC Bank Territory Business Manager Salary 6 - 22 years exp. (4 salaries)	₹6 L/yr - ₹10 L/yr 2% less
Poonawalla Fincorp Territory Business Manager Salary 11 - 22 years exp. (13 salaries)	₹12.5 L/yr - ₹18.5 L/yr 62% more
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
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 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.8 L/yr
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10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.5 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Territory Sales Manager Salary

(18 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

(184 salaries)

₹4.6 L/yr - ₹13.5 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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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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?

Territory Business Manager salary at Mahindra Rural Housing Finance in India ranges between ₹6.0 Lakhs to ₹10.5 Lakhs for experience between 8 years to 11 years. According to our estimates it is 35% more than the average Territory Business Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance India.

How does the salary of a Territory Business Manager at Mahindra Rural Housing Finance India compare with the average salary range for this job?

The average salary of a Territory Business Manager at Mahindra Rural Housing Finance is 35% more than the average salary of a Territory Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Territory Business Manager in India?

Bharat Financial Inclusion Territory Business Manager Salary - ₹12.6 Lakhs to ₹16.8 Lakhs per year
Poonawalla Fincorp Territory Business Manager Salary - ₹12.5 Lakhs to ₹18.5 Lakhs per year

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

HDFC Bank Territory Business Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
IIFL Finance Territory Business Manager Salary - ₹7.5 Lakhs to ₹8.6 Lakhs per year
SMFG India Credit Territory Business Manager Salary - ₹4.9 Lakhs to ₹8.6 Lakhs per year
HDB Financial Services Territory Business Manager Salary - ₹5.5 Lakhs to ₹7.8 Lakhs per year
L&T Finance Territory Business Manager Salary - ₹4.4 Lakhs to ₹8.3 Lakhs per year

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 ranges between ₹64,103 per month to ₹65,736 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Territory Business Manager salary in India which ranges between ₹6.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Territory Business Manager at Mahindra Rural Housing Finance?

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Territory Business Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.