Muthoot Fincorp Territory Manager Salaries by 7 Employees (Updated 2025)

7 - 14 years exp.

₹6.7 Lakhs - ₹9.6 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Territory Manager Salary in NBFC Companies for 7 - 14 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 10 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.6 L/yr
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Finance & Accounting Territory Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹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
Bajaj Finance Territory Manager Salary 2 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹7 L/yr 24% less
Shriram Finance Territory Manager Salary 5 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹10 L/yr 27% less
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Mahindra Finance Territory Manager Salary 7 - 16 years exp. (12 salaries)	₹5 L/yr - ₹10.3 L/yr 10% less
Cholamandalam Investment & Finance Territory Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 61% less
L&T Finance Territory Manager Salary 6 - 14 years exp. (172 salaries)	₹4.2 L/yr - ₹9.3 L/yr 11% less
HDB Financial Services Territory Manager Salary 3 - 16 years exp. (350 salaries)	₹3 L/yr - ₹11 L/yr 23% less	5 job openings
Edelweiss Territory Manager Salary 5 - 17 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr 30% less
Tata Capital Territory Manager Salary 0 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 40% more
IIFL Finance Territory Manager Salary 8 - 18 years exp. (135 salaries)	₹4.8 L/yr - ₹14 L/yr 4% more
TVS Credit Territory Manager Salary 4 - 13 years exp. (210 salaries)	₹3.5 L/yr - ₹8.7 L/yr 28% less
Mahindra Rural Housing Finance Territory Manager Salary 7 - 18 years exp. (188 salaries)	₹4.6 L/yr - ₹13.5 L/yr 7% more
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Satin Creditcare Network Territory Manager Salary 5 - 12 years exp. (40 salaries)	₹3 L/yr - ₹6 L/yr 45% less
Sammaan Capital Limited Territory Manager Salary 1 - 11 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 56% less
SMFG India Credit Territory Manager Salary 5 - 15 years exp. (30 salaries)	₹3.6 L/yr - ₹12 L/yr 11% less
Bharat Financial Inclusion Territory Manager Salary 13 - 16 years exp. (7 salaries)	₹12 L/yr - ₹17 L/yr 75% more
Poonawalla Fincorp Territory Manager Salary 4 - 20 years exp. (7 salaries)	₹4.5 L/yr - ₹14 L/yr 12% more
Sundaram Finance Territory Manager Salary 16 - 21 years exp. (6 salaries)	₹17 L/yr - ₹23.5 L/yr 135% more
Muthoot Finance Territory Manager Salary 15 - 20 years exp. (5 salaries)	₹6 L/yr - ₹8.5 L/yr 6% less
Kotak Mahindra Prime Territory Manager Salary 6 - 9 years exp. (4 salaries)	₹5.8 L/yr - ₹9.7 L/yr 9% less
LendingKart Territory Manager Salary 4 - 19 years exp. (3 salaries)	₹6.1 L/yr - ₹10 L/yr 7% more

View all

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.

Experience wise Muthoot Fincorp Territory Manager salaries

Last Updated: 21 Jul 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹14.6 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹14.6 L/yr
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9 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.6 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.7 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.7 L/yr

View all

Similar Designation salaries in Muthoot Fincorp

Deputy Manager Salary

(65 salaries)

₹2.75 L/yr - ₹7.9 L/yr

Area Manager Salary

(218 salaries)

₹3.2 L/yr - ₹10.1 L/yr

Area Sales Manager Salary

(15 salaries)

₹6 L/yr - ₹9.3 L/yr

Sales Manager Salary

(61 salaries)

₹3 L/yr - ₹6.8 L/yr

Senior Sales Manager Salary

(4 salaries)

₹3.55 L/yr - ₹7.4 L/yr

Relationship Manager Salary

(50 salaries)

₹2.05 L/yr - ₹5.4 L/yr

Team Lead Salary

(5 salaries)

₹2.2 L/yr - ₹3.34 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Officer Salary

(22 salaries)

₹1.45 L/yr - ₹3.21 L/yr

Senior Sales Officer Salary

(13 salaries)

₹1.95 L/yr - ₹3.5 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

Business Development Executive in Chennai

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..

Business Development Executive in Nellore

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.

Job security - Poor

+3 more

Area Manager in Cuttack

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 .

Dislikes

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

Salary - Bad

+6 more

Sales Executive in New Delhi

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.

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.

Job security - Poor

+1 more

Senior Sales Executive in Mumbai

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 !

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 !

Promotions - Poor

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Muthoot Fincorp Territory Manager Salary FAQs

What is the salary of Territory Manager at Muthoot Fincorp?

Territory Manager salary at Muthoot Fincorp in India ranges between ₹6.7 Lakhs to ₹9.6 Lakhs for experience between 7 years to 14 years. According to our estimates it is 9% more than the average Territory Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Territory Manager at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Territory Manager at Muthoot Fincorp is 9% more than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Muthoot Fincorp?

Salesforce and Insurance are some of the popular skills required to work as a Territory Manager at Muthoot Fincorp India.

Which similar companies are paying more than Muthoot Fincorp to a Territory Manager in India?

Sundaram Finance Territory Manager Salary - ₹17.0 Lakhs to ₹23.5 Lakhs per year
Bharat Financial Inclusion Territory Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
Tata Capital Territory Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Poonawalla Fincorp Territory Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
LendingKart Territory Manager Salary - ₹6.1 Lakhs to ₹10.0 Lakhs per year

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

Mahindra Rural Housing Finance Territory Manager Salary - ₹4.6 Lakhs to ₹13.5 Lakhs per year
IIFL Finance Territory Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
SK Finance Limited Territory Manager Salary - ₹6.8 Lakhs to ₹9.9 Lakhs per year
Muthoot Finance Territory Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Prime Territory Manager Salary - ₹5.8 Lakhs to ₹9.7 Lakhs per year

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 ranges between ₹59,866 per month to ₹61,379 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Territory Manager salary in India which ranges between ₹6.7 Lakhs to ₹9.6 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Muthoot Fincorp?

According to AmbitionBox, 47% of the Muthoot Fincorp Territory Managers reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Territory Manager Salaries by Location

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Muthoot Fincorp Territory Manager Salaries

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