Mahindra Rural Housing Finance Territory Manager Salaries by 50+ Employees (Updated 2024)

7 - 17 years exp.

₹4.6 Lakhs - ₹12.3 Lakhs

Salary of majority employees

14% more than the average Territory Manager Salary in NBFC Companies for 7 - 17 years of experience

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Last Updated: 11 Dec 2024

Companies similar to Mahindra Rural Housing Finance for Territory Manager in Sales & Business Development department

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L&T Finance Territory Manager Salary 5 - 12 years exp. (34 salaries)	₹4.2 L/yr - ₹8.6 L/yr 17% less
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HDFC Bank Territory Manager Salary 6 - 14 years exp. (8 salaries)	₹16.8 L/yr - ₹23 L/yr 112% more
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IIFL Finance Territory Manager Salary 7 - 18 years exp. (98 salaries)	₹5.3 L/yr - ₹12.6 L/yr 2% more
TVS Credit Territory Manager Salary 4 - 14 years exp. (73 salaries)	₹3.2 L/yr - ₹8.7 L/yr 32% less
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Bharat Financial Inclusion Territory Manager Salary 13 - 15 years exp. (3 salaries)	₹13.5 L/yr - ₹17 L/yr 59% more
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Poonawalla Fincorp Territory Manager Salary 6 - 13 years exp. (3 salaries)	₹8.9 L/yr - ₹14 L/yr 6% more

Territory Manager salary at Mahindra Rural Housing Finance ranges between ₹4.6 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 58 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Territory Manager in Sales & Business Development department

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11 years exp.

4w ago

15 years exp.

1mo ago

15 years exp.

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8 years exp.

1mo ago

7 years exp.

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11 years exp.

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11 years exp.

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8 years exp.

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13 years exp.

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12 years exp.

Experience wise Mahindra Rural Housing Finance Territory Manager salaries in Sales & Business Development department

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
7 years (7 salaries)	₹5.7 L/yr - ₹8 L/yr
8 years (6 salaries)	₹4.6 L/yr - ₹8 L/yr
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9 years (10 salaries)	₹5.5 L/yr - ₹9 L/yr
10 years (11 salaries)	₹5.5 L/yr - ₹12.3 L/yr
11 years (7 salaries)	₹5.5 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹11 L/yr
13 years (4 salaries)	₹6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11 L/yr
15+ years (10 salaries)	₹6 L/yr - ₹11.1 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Territory Sales Manager Salary

(16 salaries)

₹5 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(95 salaries)

₹2.95 L/yr - ₹10 L/yr

Senior Territory Manager Salary

(3 salaries)

₹8.8 L/yr - ₹11.1 L/yr

Area Manager Salary

(10 salaries)

₹9.25 L/yr - ₹14 L/yr

Territory Business Manager Salary

(6 salaries)

₹6 L/yr - ₹10.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Sales Manager Salary

(17 salaries)

₹1.5 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Relationship Manager Salary

(47 salaries)

₹2.5 L/yr - ₹4.4 L/yr

Senior Territory Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Top skills at Mahindra Rural Housing Finance for Territory Manager

Home Loans Sales Lap Mortgage Loans housing loan Team Management Sales Management housing finance home finance Loan against Property Sales Planning Relationship Management Secured Loan NBFC Home Loans

Salary related reviews for Mahindra Rural Housing Finance

3.3

Rated by 18 employees for salary & benefits

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

Dislikes

Salary Hich is very bad

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

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

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

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

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).

Area Credit Manager in Kochi

Full Time

Other Department

1.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Rural Housing Finance Territory Manager Salary FAQs

What is the salary of Territory Manager at Mahindra Rural Housing Finance in Sales & Business Development department?

Territory Manager salary at Mahindra Rural Housing Finance in Sales & Business Development department in India ranges between ₹4.6 Lakhs to ₹12.3 Lakhs for experience between 7 years to 17 years. According to our estimates it is 14% more than the average Territory Manager Salary in India. Salary estimates are based on 58 latest salaries received from various employees of Mahindra Rural Housing Finance India in Sales & Business Development department.

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

The average salary of a Territory Manager at Mahindra Rural Housing Finance in Sales & Business Development department is 14% more 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 Rural Housing Finance?

Home Loans, Sales, Lap, Mortgage Loans and housing loan are some of the popular skills required to work as a Territory Manager at Mahindra Rural Housing Finance India.

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

HDFC Bank Territory Manager Salary - ₹16.8 Lakhs to ₹23.0 Lakhs per year
Bharat Financial Inclusion Territory Manager Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
Poonawalla Fincorp Territory Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year
IIFL Finance Territory Manager Salary - ₹5.3 Lakhs to ₹12.6 Lakhs per year

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

Muthoot Fincorp Territory Manager Salary - ₹8.0 Lakhs to ₹9.6 Lakhs per year
Muthoot Finance Territory Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
IDFC FIRST Bharat Territory Manager Salary - ₹6.0 Lakhs to ₹8.9 Lakhs per year
L&T Finance Territory Manager Salary - ₹4.2 Lakhs to ₹8.6 Lakhs per year
SMFG India Credit Territory Manager Salary - ₹3.6 Lakhs to ₹9.3 Lakhs per year

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

The estimated take-home salary of a Territory Manager in Sales & Business Development department at Mahindra Rural Housing Finance ranges between ₹62,795 per month to ₹64,391 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Territory Manager salary in India which ranges between ₹4.6 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager in Sales & Business Development department at Mahindra Rural Housing Finance?

According to AmbitionBox, 79% of the Mahindra Rural Housing Finance Territory Managers in Sales & Business Development department reported a notice period of 3 Months, 11% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 70 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Territory Manager Salaries in Sales & Business Development

Mahindra Rural Housing Finance Territory Manager salary in Sales & Business Development department in India ranges between ₹4.6 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 58 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Territory Manager salaries in Sales & Business Development in India

Companies similar to Mahindra Rural Housing Finance for Territory Manager in Sales & Business Development department

Latest annual salaries shared by Mahindra Rural Housing Finance Territory Manager in Sales & Business Development department

Experience wise Mahindra Rural Housing Finance Territory Manager salaries in Sales & Business Development department

Similar Designation salaries in Mahindra Rural Housing Finance

Top skills at Mahindra Rural Housing Finance for Territory Manager

Salary related reviews for Mahindra Rural Housing Finance

Territory Manager in Machilipatnam

Sales Executive in Vellore

Territory Sales Manager in Chennai

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Mahindra Rural Housing Finance Territory Manager Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance Territory Manager Salaries by Location