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Muthoot Fincorp Territory Manager salaries in India

Annual salary range
7 - 14 years exp.
₹6.7 Lakhs - ₹9.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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8% more than the average Territory Manager Salary in NBFC Companies for 7 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Territory Manager Salary
10 - 14 years exp. (4 salaries)
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₹8 L/yr - ₹9.6 L/yr

Finance & Accounting
Territory Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹7.9 L/yr

Last Updated: 21 Jul 2024

Companies similar to Muthoot Fincorp for Territory Manager

Company name Avg Annual Salary Open Jobs
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TVS Credit Territory Manager Salary

4 - 13 years exp. (214 salaries)

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₹3 L/yr - ₹7.7 L/yr

arrow icon 28% less
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₹4.5 L/yr - ₹13.1 L/yr

arrow icon 5% more
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IIFL Finance Territory Manager Salary

10 - 18 years exp. (177 salaries)

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₹5 L/yr - ₹13 L/yr

arrow icon 5% more
1 job opening
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L&T Finance Territory Manager Salary

6 - 13 years exp. (165 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 10% less
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₹3 L/yr - ₹6 L/yr

arrow icon 45% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 56% less
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SMFG India Credit Territory Manager Salary

5 - 15 years exp. (30 salaries)

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₹3.6 L/yr - ₹12 L/yr

arrow icon 10% less
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Mahindra Finance Territory Manager Salary

7 - 16 years exp. (12 salaries)

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₹5 L/yr - ₹10.3 L/yr

arrow icon 10% less
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₹12 L/yr - ₹17 L/yr

arrow icon 75% more
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Poonawalla Fincorp Territory Manager Salary

4 - 20 years exp. (7 salaries)

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₹4.5 L/yr - ₹14 L/yr

arrow icon 12% more
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Sundaram Finance Territory Manager Salary

16 - 21 years exp. (6 salaries)

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₹17 L/yr - ₹23.5 L/yr

arrow icon 135% more
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Muthoot Finance Territory Manager Salary

15 - 20 years exp. (5 salaries)

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₹6 L/yr - ₹8.5 L/yr

arrow icon 6% less
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₹5.8 L/yr - ₹9.7 L/yr

arrow icon 9% less
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Shriram Finance Territory Manager Salary

5 - 11 years exp. (4 salaries)

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₹4.3 L/yr - ₹10 L/yr

arrow icon 27% less
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₹5 L/yr - ₹8.3 L/yr

arrow icon 13% less
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LendingKart Territory Manager Salary

4 - 19 years exp. (3 salaries)

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₹6.1 L/yr - ₹10 L/yr

arrow icon 7% more
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Aavas Financiers Territory Manager Salary

4 - 9 years exp. (3 salaries)

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₹3.3 L/yr - ₹3.5 L/yr

arrow icon 59% less
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SK Finance Limited Territory Manager Salary

8 - 12 years exp. (3 salaries)

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₹6.8 L/yr - ₹9.9 L/yr

arrow icon 1% more
Territory Manager salary at Muthoot Fincorp ranges between ₹6.7 Lakhs to ₹9.6 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Territory Manager

7mo ago
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11 years exp.
8mo ago
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8 years exp.
9mo ago
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13 years exp.
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14 years exp.
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7 years exp.
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10 years exp.

Experience wise Muthoot Fincorp Territory Manager salaries

Last Updated: 21 Jul 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹14.6 L/yr
8 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹14.6 L/yr
9 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹9.6 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

Deputy Manager Salary
(69 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
Area Manager Salary
(195 salaries)
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₹3.2 L/yr - ₹12 L/yr
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₹6 L/yr - ₹9.3 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
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₹3.55 L/yr - ₹6.25 L/yr
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₹2.15 L/yr - ₹4.5 L/yr
Team Lead Salary
(5 salaries)
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₹2.2 L/yr - ₹3.34 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Officer Salary
(21 salaries)
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₹1.45 L/yr - ₹3.21 L/yr
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₹2.15 L/yr - ₹4.1 L/yr

Top skills at Muthoot Fincorp for Territory Manager

Salesforce Insurance

Salary related reviews for Muthoot Fincorp

2.7

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

  • Salary - Good
  • +6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

read more
  • Job security - Poor
  • +3 more

BFSI, Investments & Trading Department

1.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

I had the worst experience of working in this company. No job security, no compensation,no company ethics, not following any rules related to employee job satisfaction,no salary structure. All are the Boss of the company. Salary cuts without intimation and without any reason. I won't advise anyone to waste his/her precious time in this company. Rather, I would suggest to sell vegetables than working in this company. This company is full of nasty politics .

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Dislikes

Nasty politics, favouritism,lack of ethics,no proper salary structure

  • Salary - Bad
  • +6 more

Other Department

4.0
  •  posted on 20 Apr 2022

5.0
 for  Salary and Benefits

Likes

Good work experience. Teammates are supportive but seniors are not supportive including HR department. Company policies are good appraisal are not fair they give but very long time.

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a lot of politics this is true. Management doesn't intrested our issues. Salary and career not growth in this company.

read more
  • Job security - Poor
  • +1 more

Sale Executive Department

4.0
  •  posted on 10 May 2021

4.0
 for  Salary and Benefits

Likes

The work culture and environment of the company which is very good compared to other one company and policies also I have an my own experience about this company for 3 year which is very good !

read more
  • Salary - Good
  • +4 more

Dislikes

I had given my 3 year to the company but here salary and career growth and opportunity is too slow which doesn't get the chance to growth career !

read more
  • Promotions - Poor
see more salary related reviews

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Muthoot Fincorp Territory Manager Salary FAQs

What is the salary of Territory Manager at Muthoot Fincorp ?
The average salary of a Territory Manager at Muthoot Fincorp in India typically ranges from ₹6.7 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Territory Manager at Muthoot Fincorp earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Territory Manager Salaries at Muthoot Fincorp 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 7 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Territory Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Territory Manager at Muthoot Fincorp in India typically ranges from ₹59,866 to ₹61,379 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 7 years to 14 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 7 salaries received from various employees of Muthoot Fincorp. 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 Fincorp ?
To be a Territory Manager at Muthoot Fincorp in india, the key skills required include:

  • - Salesforce
  • - Insurance

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Territory Manager in India?
Sundaram Finance ₹17.0 Lakhs to ₹23.5 Lakhs per year
Bharat Financial Inclusion ₹12.0 Lakhs to ₹17.0 Lakhs per year
Poonawalla Fincorp ₹4.5 Lakhs to ₹14.0 Lakhs per year
LendingKart ₹6.1 Lakhs to ₹10.0 Lakhs per year
IIFL Finance ₹5.0 Lakhs to ₹13.0 Lakhs per year

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

Mahindra Rural Housing Finance ₹4.5 Lakhs to ₹13.1 Lakhs per year
SK Finance Limited ₹6.8 Lakhs to ₹9.9 Lakhs per year
Muthoot Finance ₹6.0 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Prime ₹5.8 Lakhs to ₹9.7 Lakhs per year
SMFG India Credit ₹3.6 Lakhs to ₹12.0 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 Fincorp in India?
The salary growth for a Territory Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
7 years ₹6.7 Lakhs to ₹14.6 Lakhs per year
8 years ₹6.7 Lakhs to ₹14.6 Lakhs per year
9 years ₹7.3 Lakhs to ₹9.3 Lakhs per year
10 years ₹3.3 Lakhs to ₹8.2 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Territory Manager salary in India ranges between ₹6.7 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.