Midas Electronics Territory Manager Salaries by 6 Employees (Updated 2025)

2 - 11 years exp.

₹3.8 Lakhs - ₹4.2 Lakhs

Salary of majority employees

48% less than the average Territory Manager Salary for 2 - 11 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 2 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.2 L/yr
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Marketing & Communication Territory Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.1 L/yr

Last Updated: 27 Jan 2025

Companies similar to Midas Electronics for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Flexco Territory Manager Salary 7 - 16 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr 258% more
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (800 salaries)	₹3.9 L/yr - ₹13 L/yr 114% more	13 job openings
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HDB Financial Services Territory Manager Salary 3 - 16 years exp. (351 salaries)	₹3 L/yr - ₹10.5 L/yr 61% more	15 job openings
TVS Motor Territory Manager Salary 2 - 12 years exp. (341 salaries)	₹6 L/yr - ₹25.3 L/yr 272% more
Dabur Territory Manager Salary 8 - 17 years exp. (331 salaries)	₹8.5 L/yr - ₹21 L/yr 296% more	6 job openings

Territory Manager salary at Midas Electronics ranges between ₹3.8 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Midas Electronics.

Experience wise Midas Electronics Territory Manager salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Midas Electronics

Territory Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹9.2 L/yr

Sales Manager Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Territory Sales Executive Salary

(3 salaries)

₹2 L/yr - ₹2.7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Marketing Executive Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Salary related reviews for Midas Electronics

3.6

Rated by 4 employees for salary & benefits

Territory Manager

Sales and marketing Department

1.0

• posted on 23 Mar 2018

1.0

for Salary and Benefits

Likes

Midas electronic private limited is not good company there's working culture is too bad and senior support is terrible, salary is regularly not given on time and when ever you resigned from job then management is not clear your salary of previous month and expenses also, So over all midas is not good company it's too much terrible

Dislikes

It's terrible for employee salary issue always expenses issue working culture is too much terrible

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

Sales & Business Development Department

1.0

• posted on 15 Oct 2024

1.0

for Salary and Benefits

Likes

It's a totally pathetic company your salary and expenses is dependent upon the company management to release or not so nothing to like

Skill development - Good

Dislikes

Everything is pathetic i am join two times but all times experience is negative impacts so i suggest please don't join the company.

Salary - Bad

+5 more

Area Sales Manager in Hyderabad / Secunderabad

Marketing & Communication Department

2.0

• posted on 09 Apr 2022

1.0

for Salary and Benefits

Likes

There is no security in this company. No support branding and advertising adds packing issues

Dislikes

This company is not working in distributor network complete dealer network, no manager cader jobs Sales officer jobs only suitable.

Salary - Bad

+6 more

Territory Manager in Patna

Sales & Business Development Department

4.0

• posted on 05 Nov 2018

5.0

for Salary and Benefits

Likes

We r really filing very good in company . I'm glad of Midas for give me chance of living division. Midas be SME company but it's it's product is very good in market situation like in price.

Salary - Excellent

+6 more

Dislikes

He not in carporat office to stay in Bihar market Midas ve not in company capture.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Midas Electronics Territory Manager Salary FAQs

What is the salary of Territory Manager at Midas Electronics ?

The average salary of a Territory Manager at Midas Electronics in India typically ranges from ₹3.8 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Territory Manager at Midas Electronics earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Territory Manager Salaries at Midas Electronics 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 Midas Electronics employees in India.

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

The estimated take-home salary of a Territory Manager at Midas Electronics in India typically ranges from ₹28,508 to ₹29,894 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 11 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 Midas Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Midas Electronics for Territory Manager in India?

Dabur	₹8.5 Lakhs to ₹21.0 Lakhs per year
TVS Motor	₹6.0 Lakhs to ₹25.3 Lakhs per year
Flexco	₹12.0 Lakhs to ₹16.0 Lakhs per year
IDFC FIRST Bank	₹3.9 Lakhs to ₹13.0 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Midas Electronics, depending on the role and experience level.

How the salary growth look like for a Territory Manager at Midas Electronics in India?

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

Experience	Average Salary Range
2 years	₹1.5 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Midas Electronics Territory Manager Salaries

Midas Electronics Territory Manager salary in India ranges between ₹3.8 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Midas Electronics latest salaries received from various employees of Midas Electronics.