Mfine Territory Manager Salaries by 4 Employees

4 - 8 years exp.

₹14.9 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

109% more than the average Territory Manager Salary in Internet Companies for 4 - 8 years of experience

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Last Updated: 2 Oct 2024

Companies similar to Mfine for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Ninjacart Territory Manager Salary 0 - 7 years exp. (78 salaries)	₹3 L/yr - ₹6.3 L/yr 70% less
BlackBuck Territory Manager Salary 5 - 9 years exp. (11 salaries)	₹4.2 L/yr - ₹6.7 L/yr 66% less
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Digit Insurance Territory Manager Salary 15 - 23 years exp. (6 salaries)	₹5.3 L/yr - ₹9.2 L/yr 55% less	3 job openings
StoreKing Territory Manager Salary 12 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹4.9 L/yr 72% less	6 job openings
Tata 1mg Territory Manager Salary 6 - 11 years exp. (3 salaries)	₹6.6 L/yr - ₹8.5 L/yr 50% less
Udaan Territory Manager Salary 3 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹12 L/yr 48% less

Territory Manager salary at Mfine ranges between ₹14.9 Lakhs to ₹18 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mfine.

Experience wise Mfine Territory Manager salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
5 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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6 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
8 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr

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Salary related reviews for Mfine

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Project & Program Management Department

1.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Hybrid model, free food.

Dislikes

... for 10+ hours everyday without complaining. You are overworked and underpaid. Oh, they change their payroll rules very conveniently, making sure no one gets their bonus either. Being associated to the company does no credit to one’s resume either. The learning curve needs to be worth being overworked (Aka struggle/hustle) but if the company’s vision is as blurred, there’s nothing coming out of it.

Salary - Poor

+6 more

Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 29 Jun 2023

4.0

for Salary and Benefits

Likes

teams are great will get most of learning and area to grow. great work life balance

Salary - Good

+3 more

Dislikes

they can layoff at any point of time even after laying you off they wont pay full compensation for the covered notice period. do not consider of joining mfine if you have dependables. now with the current management people the office is full of politics. not the right place for female employees.

Job security - Bad

+1 more

Regional Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 13 Dec 2023

1.0

for Salary and Benefits

Likes

...here is worst management and insufficient, Incapable staff working like labours. For the company everyone is a daily labour and they will decide who to pay or not in the end of month. Worst company.

Dislikes

Don't join here and waste your career and precious time which we will lose here. This Mfine and it's investors like Lifecell are playing a fraudulent corporate game only to show that Mfine is making profits but actually they are trying to fool and find another investor to sell Mfine. People joining here are fools not understanding the corporate fraud games.

Salary - Bad

+6 more

Software Trainee in Bangalore / Bengaluru

Intern

Data Science & Analytics Department

1.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Some data science team good.

Dislikes

Nothing good here , they layoffs one call without giving any notice period , also they not provide full salary of notice If any woman employees please make some distance Rahul shukla Fresher do not go there , some unprofessional hr laughing at day of layoffs.

Salary - Bad

+6 more

Senior Lead in Jaipur

Sales & Business Development Department

3.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Pay scale was good.

Salary - Good

+1 more

Dislikes

No work-life balance as roster was there but not followed efficiently, no job security (asked to leave by a single voice call that too without any intimation), no appraisal and promotion to tenured employees (even to performers).

Job security - Bad

+2 more

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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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Mfine Territory Manager Salary FAQs

What is the salary of Territory Manager at Mfine ?

The average salary of a Territory Manager at Mfine in India typically ranges from ₹14.9 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Territory Manager at Mfine earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Territory Manager Salaries at Mfine 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 4 Mfine employees in India.

What is the estimated take home salary of a Territory Manager at Mfine in India?

The estimated take-home salary of a Territory Manager at Mfine in India typically ranges from ₹1,07,827 to ₹1,10,801 per month. This is based on the average salary range of ₹14.9 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 salaries received from various employees of Mfine. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Territory Manager in companies similar to Mfine in India?

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

Udaan	₹3.2 Lakhs to ₹12.0 Lakhs per year
Tata 1mg	₹6.6 Lakhs to ₹8.5 Lakhs per year
Digit Insurance	₹5.3 Lakhs to ₹9.2 Lakhs per year
BlackBuck	₹4.2 Lakhs to ₹6.7 Lakhs per year
Ninjacart	₹3.0 Lakhs to ₹6.3 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 Manager at Mfine in India?

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

Experience	Average Salary Range
4 years	₹13.4 Lakhs to ₹17.1 Lakhs per year
5 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
6 years	₹14.1 Lakhs to ₹18.0 Lakhs per year
7 years	₹14.6 Lakhs to ₹18.7 Lakhs per year

and so on.

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Mfine Territory Manager Salaries

Mfine Territory Manager salary in India ranges between ₹14.9 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mfine latest salaries received from various employees of Mfine.