Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Meril Team. If you also belong to the team, you can get access from here

Meril Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Meril Territory Business Manager salaries in India (Updated 2025)

Annual salary range
6 - 10 years exp.
₹5.5 Lakhs - ₹7 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

At par with the average Territory Business Manager Salary in Pharma Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication
Territory Business Manager Salary
8 - 10 years exp. (3 salaries)
unlock-blur

₹6.5 L/yr - ₹7.9 L/yr

Sales & Business Development
Territory Business Manager Salary
6 - 8 years exp. (3 salaries)
unlock-blur

₹5.5 L/yr - ₹6.2 L/yr

Last Updated: 8 Jan 2025

Companies similar to Meril for Territory Business Manager

Company name Avg Annual Salary Open Jobs
Logo
Dr. Reddy's Territory Business Manager Salary

2 - 12 years exp. (241 salaries)

unlock blur

₹3.5 L/yr - ₹8.4 L/yr

arrow icon 8% less
unlock blur

₹3 L/yr - ₹6.8 L/yr

arrow icon 24% less
Logo
Cipla Territory Business Manager Salary

2 - 9 years exp. (46 salaries)

unlock blur

₹2.9 L/yr - ₹7.3 L/yr

arrow icon 19% less
Logo
Novartis Territory Business Manager Salary

3 - 11 years exp. (26 salaries)

unlock blur

₹3.6 L/yr - ₹9 L/yr

arrow icon 10% more
unlock blur

₹2.4 L/yr - ₹7.7 L/yr

arrow icon 37% less
Logo
FDC Territory Business Manager Salary

2 - 8 years exp. (14 salaries)

unlock blur

₹2.8 L/yr - ₹4.5 L/yr

arrow icon 49% less
unlock blur

₹2.8 L/yr - ₹3.8 L/yr

arrow icon 49% less
unlock blur

₹1.2 L/yr - ₹2.1 L/yr

arrow icon 72% less
unlock blur

₹4.8 L/yr - ₹9.5 L/yr

arrow icon 4% more
unlock blur

₹2.8 L/yr - ₹5 L/yr

arrow icon 44% less
unlock blur

₹3 L/yr - ₹6.2 L/yr

arrow icon 28% less
Logo
Pfizer Territory Business Manager Salary

2 - 10 years exp. (5 salaries)

unlock blur

₹2.5 L/yr - ₹6.7 L/yr

arrow icon 29% less
unlock blur

₹3.5 L/yr - ₹5 L/yr

arrow icon 31% less
unlock blur

₹1.2 L/yr - ₹8 L/yr

arrow icon 36% less
unlock blur

₹1.8 L/yr - ₹5.1 L/yr

arrow icon 44% less
unlock blur

₹4.5 L/yr - ₹6 L/yr

arrow icon 29% less
unlock blur

₹3.4 L/yr - ₹3.5 L/yr

arrow icon 48% less
Logo
unlock blur

₹3.5 L/yr - ₹6 L/yr

arrow icon 33% less
unlock blur

₹4.5 L/yr - ₹6.6 L/yr

arrow icon 16% less
Logo
Viatris Territory Business Manager Salary

4 - 12 years exp. (3 salaries)

unlock blur

₹5 L/yr - ₹7.2 L/yr

arrow icon 12% less
Territory Business Manager salary at Meril ranges between ₹5.5 Lakhs to ₹7 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Meril.

Latest annual salaries shared by Meril Territory Business Manager

2mo ago
₹7 Lakhs
10 years exp.
1y ago
₹6.5 Lakhs
9 years exp.
1y ago
₹6.5 Lakhs
8 years exp.

Experience wise Meril Territory Business Manager salaries

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

unlock blur

₹5.8 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in Meril

unlock blur
₹3 L/yr - ₹9.7 L/yr
unlock blur
₹11.5 L/yr - ₹20.5 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
unlock blur
₹6.8 L/yr - ₹8.6 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5 L/yr - ₹6.4 L/yr
unlock blur
₹5.83 L/yr - ₹21.95 L/yr
unlock blur
₹13.25 L/yr - ₹16 L/yr
Territory Executive Salary
(AmbitionBox Estimate)
unlock blur
₹3.4 L/yr - ₹4.4 L/yr
unlock blur
₹4 L/yr - ₹14 L/yr
unlock blur
₹3.1 L/yr - ₹6.5 L/yr
unlock blur
₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Meril

4.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 08 May 2023

1.0
 for  Salary and Benefits

Likes

Company has big nmbr of products with good rates

  • Job security - Good
  • +1 more

Dislikes

No salary in comparison as per the market, as per other companies Sometimes expenses money does not come on time Company's products have pathetic quality

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 22 Nov 2023

4.0
 for  Salary and Benefits

Likes

AM WORKING IN MERIL AROUND 4 YEAR'S, SUPER PRODUCTS, SALARY ON TIME.

  • Salary - Good
  • +3 more

Dislikes

It's manager driven company,no HR is there, Meril HR Salary is waste of money,it's useless, Job security is not there,only stock dumping is doing,primary Sales only happened with out secondary Sales. After resignation in 2 years , i didn't receive my salttlement also.

read more
  • Job security - Poor
  • +1 more

Sales & Business Development Department

1.0
  •  posted on 26 Mar 2021

3.0
 for  Salary and Benefits

Likes

Compensation and benefits is quite good

Dislikes

I never recomend anyone to join this company...there are lot of complaints from the doctors regarding the company's products, also superior's are doing inter politics,so there is no job guarantee, so I never recomend

read more
  • Skill development - Poor
  • +5 more

Healthcare & Life Sciences Department

4.0
  •  posted on 12 Mar 2019

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

read more
  • Salary - Good
  • +5 more

Dislikes

The Compensation is decent as don't get the incentive on time and the expenses also get delay by 10 days. But the work pressure is high

read more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 21 Feb 2025

1.0
 for  Salary and Benefits

Likes

Salary Co-workers

Dislikes

Never ever sign any service bond here,or you will be in trouble. No proper policy it changes according to the weather. HR is not reachable Only hike will happen when you will join after that forget it. Expesne strcture is very poor. .... Stay away from this organization

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Meril Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Meril ?
The average salary of a Territory Business Manager at Meril in India typically ranges from ₹5.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Territory Business Manager at Meril earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Territory Business Manager Salaries at Meril 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 Meril employees in India.
What is the estimated take home salary of a Territory Business Manager at Meril in India?
The estimated take-home salary of a Territory Business Manager at Meril in India typically ranges from ₹50,381 to ₹51,570 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 6 years to 10 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 Meril. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Meril for Territory Business Manager in India?
Novartis ₹3.6 Lakhs to ₹9.0 Lakhs per year
Intas Pharmaceuticals ₹4.8 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Meril, depending on the role and experience level.
What is the salary of a Territory Business Manager in companies similar to Meril in India?
The salary of a Territory Business Manager at companies similar to Meril in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dr. Reddy's ₹3.5 Lakhs to ₹8.4 Lakhs per year
Viatris ₹5.0 Lakhs to ₹7.2 Lakhs per year
J B Chemicals And Pharmaceuticals ₹4.5 Lakhs to ₹6.6 Lakhs per year
Cipla ₹2.9 Lakhs to ₹7.3 Lakhs per year
Glenmark Pharmaceuticals ₹3.0 Lakhs to ₹6.8 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 Meril in India?
The salary growth for a Territory Business Manager at Meril depends on factors such as experience, performance, and promotions. On average, a Territory Business Manager can expect the following growth trajectory at Meril:

Experience Average Salary Range
6 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
7 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
8 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
9 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

Tell us how to improve this page.

Meril Territory Business Manager salary in India ranges between ₹5.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Meril latest salaries received from various employees of Meril.