Muthoot Finance Madurai Territory Manager Salaries by 4 Employees

16 - 20 years exp.

₹6 Lakhs - ₹8.5 Lakhs

Salary of majority employees

At par with the average Territory Manager Salary in NBFC Companies for 16 - 20 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 16 - 20 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Territory Manager Salary 17 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr

Last Updated: 20 Jan 2024

Companies similar to Muthoot Finance for Territory Manager in Madurai

Muthoot Finance Territory Manager Salary

16 - 20 years exp. (4 salaries)

₹6 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Territory Manager Salary 5 - 12 years exp. (7 salaries)	₹3.8 L/yr - ₹6.2 L/yr 21% less	17 job openings
Mahindra Rural Housing Finance Territory Manager Salary 8 - 16 years exp. (6 salaries)	₹6.6 L/yr - ₹10 L/yr 14% more
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IIFL Finance Territory Manager Salary 10 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹9.1 L/yr 14% more	1 job opening
TVS Motor Territory Manager Salary 8 - 12 years exp. (6 salaries)	₹6.3 L/yr - ₹20.1 L/yr 92% more
Crompton Greaves Consumer Electricals Territory Manager Salary 9 - 11 years exp. (5 salaries)	₹7.8 L/yr - ₹10.8 L/yr 33% more

Territory Manager salary at Muthoot Finance ranges between ₹6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Territory Manager salaries in Madurai

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹6 L/yr - ₹8.5 L/yr
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Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(28 salaries)

₹3 L/yr - ₹6.3 L/yr

Cluster Manager Salary

(7 salaries)

₹4.5 L/yr - ₹7.5 L/yr

Regional Manager Salary

(7 salaries)

₹7.2 L/yr - ₹17 L/yr

Top skills at Muthoot Finance for Territory Manager

Mutual Funds Stakeholder Management Client Relationship Management Wealth Management Relationship Management Management Team Handling People Management client servicing Fund Raising Account Management Communication Skills Bonds Business Development Territory Management

Salary related reviews for Muthoot Finance

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 more

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Skill development - Good

+4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Promotions - Poor

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

Business Development Executive

Other Department

1.0

• posted on 25 Oct 2018

1.0

for Salary and Benefits

Likes

...s job is a just like govt job you are a brother inlow of Muthoot you are a boss. Also company provide cheap salary That the point I feel in this company.

Dislikes

I already write about company again I want to say you that if you leave this company company not provide experience certificate and Releiving letter.

Salary - Bad

+6 more

Team Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Feb 2025

2.0

for Salary and Benefits

Likes

Getting salary on 30th of every month.

Dislikes

1- Very low salary , 2- Hypocrite attitude of senior level employees 3- HR is a comedy , even if you are resigning also they not even call you to understand the issue there is no exit interview at all. They started working after 5:30 PM only to show the management that we are working more hours , till 5 PM they are enjoying by distributing snaks going out etc ... 4- HR give promotion just for the sake and send you to another location by giving only 2K salary hike. while your expenses jumped to 10k and responsibility also , finally your promotion got waste. People fear to take promotions here. 5 -very bad family insurance , only 1 lakh and there is no parent insurance option.

Salary - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Finance Territory Manager Salary FAQs

What is the salary of Territory Manager at Muthoot Finance in Madurai?

The average salary of a Territory Manager at Muthoot Finance in Madurai typically ranges from ₹6.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of Territory Manager in Madurai at Muthoot Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Territory Manager Salaries at Muthoot Finance 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 Muthoot Finance employees in India.

What is the estimated take home salary of a Territory Manager at Muthoot Finance in Madurai?

The estimated take-home salary of a Territory Manager at Muthoot Finance in Madurai typically ranges from ₹56,059 to ₹57,465 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 16 years to 20 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 Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Territory Manager at Muthoot Finance in Madurai?

To be a Territory Manager at Muthoot Finance in Madurai, the key skills required include:

- Mutual Funds
- Stakeholder Management
- Client Relationship Management
- Wealth Management
- Relationship Management

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Territory Manager in India?

TVS Motor	₹6.3 Lakhs to ₹20.1 Lakhs per year
Crompton Greaves Consumer Electricals	₹7.8 Lakhs to ₹10.8 Lakhs per year
Mahindra Rural Housing Finance	₹6.6 Lakhs to ₹10.0 Lakhs per year
IIFL Finance	₹7.7 Lakhs to ₹9.1 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Muthoot Finance in Madurai?

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

HDB Financial Services

₹3.8 Lakhs to ₹6.2 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 Muthoot Finance in Madurai?

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

Experience	Average Salary Range
15 years	₹6.0 Lakhs to ₹8.5 Lakhs per year

and so on.

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Muthoot Finance Territory Manager Salaries in Madurai

Muthoot Finance Territory Manager salary in Madurai ranges between ₹6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.