Meril Mumbai Territory Sales Manager Salaries by 10+ Employees (Updated 2024)

4 - 11 years exp.

₹4.3 Lakhs - ₹6.2 Lakhs

Salary of majority employees

40% less than the average Territory Sales Manager Salary for 4 - 11 years of experience

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Salaries in different departments

Marketing & Communication Territory Sales Manager Salary 6 - 11 years exp. (5 salaries)	₹4.3 L/yr - ₹5.4 L/yr
Sales & Business Development Territory Sales Manager Salary 4 - 9 years exp. (5 salaries)	₹5 L/yr - ₹6.2 L/yr
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Healthcare & Life Sciences Territory Sales Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.9 L/yr

Last Updated: 7 Sep 2023

Companies similar to Meril for Territory Sales Manager in Mumbai

Meril Territory Sales Manager Salary

4 - 11 years exp. (14 salaries)

₹4.3 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Territory Sales Manager Salary 4 - 9 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 6% less
Glenmark Pharmaceuticals Territory Sales Manager Salary 0 - 6 years exp. (5 salaries)	₹3.8 L/yr - ₹5.2 L/yr 6% less
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IDFC FIRST Bank Territory Sales Manager Salary 1 - 11 years exp. (128 salaries)	₹4.4 L/yr - ₹12 L/yr 57% more	5 job openings
NoBroker Territory Sales Manager Salary 0 - 7 years exp. (108 salaries)	₹4.7 L/yr - ₹9.6 L/yr 39% more	1 job opening
NoBrokerHOOD Territory Sales Manager Salary 0 - 8 years exp. (53 salaries)	₹5 L/yr - ₹9 L/yr 36% more	8 job openings

Territory Sales Manager salary at Meril ranges between ₹4.3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 14 latest salaries received from various employees of Meril.

Experience wise Meril Territory Sales Manager salaries in Mumbai

Last Updated: 7 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
9 years (4 salaries)	₹4.3 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10.3 L/yr

View all

Similar Designation salaries in Meril

Area Sales Manager Salary

(12 salaries)

₹6.2 L/yr - ₹11 L/yr

Sales Manager Salary

(3 salaries)

₹6.5 L/yr - ₹14 L/yr

Senior Territory Sales Manager Salary

(3 salaries)

₹5.5 L/yr - ₹8 L/yr

Territory Business Manager Salary

(3 salaries)

₹6.5 L/yr - ₹7 L/yr

Territory Sales Executive Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Top skills at Meril for Territory Sales Manager

Territory Sales Management Sales Dealer Management Analyzer Channel Sales Channel Sales Management Sales Strategy Sales Medical Devices Distributor Sales Biochemistry Peripherals Medical Devices Diagnostics Immunology

Salary related reviews for Meril

3.8

Rated by 11 employees for salary & benefits

Territory Sales Manager in Mumbai

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

Territory Sales Manager in Mumbai

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

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

Territory Sales Manager in J B Nagar

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

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

Area Sales Manager in Trichy

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.

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.

Senior Territory Sales Manager (working remotely)

Sales Department

1.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Othing apart from Salary on time..

Dislikes

Politics by Area Manager and Regional Manager in Endo Surgery Division Gujarat. Employee discrimination and favoritism. No Salary growth. Incentive planned in such a way that you want be able to achieve. TA and DA is very less as compare to other companies. If you met with accident and you are on leave due to fracture in you leg company will deduct your salary.

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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Meril Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Meril Mumbai?

Territory Sales Manager salary at Meril in Mumbai ranges between ₹4.3 Lakhs to ₹6.2 Lakhs for experience between 4 years to 11 years. According to our estimates it is 40% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Meril Mumbai.

How does the salary of a Territory Sales Manager at Meril Mumbai compare with the average salary range for this job?

The average salary of a Territory Sales Manager at Meril is 40% less than the average salary of a Territory Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Sales Manager at Meril?

Territory Sales Management, Sales, Dealer Management, Analyzer and Channel Sales are some of the popular skills required to work as a Territory Sales Manager at Meril Mumbai.

Which similar companies are paying more than Meril to a Territory Sales Manager in Mumbai?

IDFC FIRST Bank Territory Sales Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year
NoBroker Territory Sales Manager Salary - ₹4.7 Lakhs to ₹9.6 Lakhs per year
NoBrokerHOOD Territory Sales Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Territory Sales Manager in companies similar to Meril in Mumbai?

Cipla Territory Sales Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Glenmark Pharmaceuticals Territory Sales Manager Salary - ₹3.8 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Territory Sales Manager at Meril in Mumbai?

The estimated take-home salary of a Territory Sales Manager at Meril ranges between ₹39,324 per month to ₹40,499 per month in Mumbai. The take-home salary calculation is based on the average Meril Territory Sales Manager salary in India which ranges between ₹4.3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Territory Sales Manager at Meril in Mumbai?

According to AmbitionBox, 75% of the Meril Territory Sales Managers in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Meril Territory Sales Manager Salaries in Mumbai

Meril Territory Sales Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Meril latest salaries received from various employees of Meril.