NBFC Territory Sales Manager Salaries by 4 Employees (Updated 2024)

1 - 11 years exp.

₹6 Lakhs - ₹6.5 Lakhs

Salary of majority employees

14% less than the average Territory Sales Manager Salary in Insurance Companies for 1 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to NBFC for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Territory Sales Manager Salary 4 - 13 years exp. (23 salaries)	₹5 L/yr - ₹15.5 L/yr 43% more
ICICI Bank Territory Sales Manager Salary 0 - 12 years exp. (134 salaries)	₹1.8 L/yr - ₹7.8 L/yr 35% less
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Axis Bank Territory Sales Manager Salary 4 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹9 L/yr 4% less
Kotak Mahindra Bank Territory Sales Manager Salary 6 - 13 years exp. (64 salaries)	₹3.8 L/yr - ₹9.9 L/yr 2% more
Tata Capital Territory Sales Manager Salary 3 - 17 years exp. (45 salaries)	₹6 L/yr - ₹14 L/yr 62% more
Aditya Birla Capital Territory Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹6.5 L/yr - ₹11 L/yr 27% more
Mahindra Finance Territory Sales Manager Salary 9 - 11 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr 83% more
L&T Finance Territory Sales Manager Salary 4 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹7.5 L/yr 13% more
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (297 salaries)	₹3.8 L/yr - ₹11.3 L/yr 30% more	31 job openings
PNB MetLife Territory Sales Manager Salary 4 - 12 years exp. (208 salaries)	₹3.7 L/yr - ₹8 L/yr 12% less
Bajaj Allianz General Insurance Territory Sales Manager Salary 2 - 13 years exp. (38 salaries)	₹2.5 L/yr - ₹5.8 L/yr 27% less
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ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 14 years exp. (26 salaries)	₹5.3 L/yr - ₹13 L/yr 38% more
HDFC Ergo General Insurance Territory Sales Manager Salary 4 - 16 years exp. (22 salaries)	₹4.2 L/yr - ₹8 L/yr 6% less
HDFC Life Territory Sales Manager Salary 2 - 14 years exp. (18 salaries)	₹3.2 L/yr - ₹14.7 L/yr 31% more
Bajaj Allianz Life Insurance Territory Sales Manager Salary 8 - 15 years exp. (12 salaries)	₹4.9 L/yr - ₹11.6 L/yr 7% more
SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	₹4.9 L/yr - ₹6 L/yr 14% less
Care Health Insurance Territory Sales Manager Salary 3 - 14 years exp. (11 salaries)	₹4.4 L/yr - ₹5.7 L/yr 21% less
Max Life Insurance Territory Sales Manager Salary 2 - 11 years exp. (6 salaries)	₹5 L/yr - ₹12.8 L/yr 27% more
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 1% more
Reliance Nippon Life Insurance Territory Sales Manager Salary 15 - 17 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr 26% more

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Territory Sales Manager salary at NBFC ranges between ₹6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC Territory Sales Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
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10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.5 L/yr

Similar Designation salaries in NBFC

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹3.3 L/yr - ₹5 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Senior Sales Officer Salary

(4 salaries)

₹1.65 L/yr - ₹2.6 L/yr

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(13 salaries)

₹2.3 L/yr - ₹5 L/yr

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Dislikes

Work load and salary low

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Dislikes

No job security and less career growth less salary, bad work-life balance

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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NBFC Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at NBFC?

Territory Sales Manager salary at NBFC in India ranges between ₹6.0 Lakhs to ₹6.5 Lakhs for experience between 1 years to 11 years. According to our estimates it is 14% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of NBFC India.

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

The average salary of a Territory Sales Manager at NBFC is 14% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than NBFC to a Territory Sales Manager in India?

Star Health & Allied Insurance Territory Sales Manager Salary - ₹13.1 Lakhs to ₹14.0 Lakhs per year
Mahindra Finance Territory Sales Manager Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Tata Capital Territory Sales Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹15.5 Lakhs per year
ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year

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

Kotak Mahindara Life Insurance Territory Sales Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
HDFC Life Territory Sales Manager Salary - ₹3.2 Lakhs to ₹14.7 Lakhs per year
Tata AIA Life Insurance Territory Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Sun Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Capital Territory Sales Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at NBFC ranges between ₹47,605 per month to ₹48,732 per month in India. The take-home salary calculation is based on the average NBFC Territory Sales Manager salary in India which ranges between ₹6.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

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NBFC Territory Sales Manager Salaries by Location

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NBFC Territory Sales Manager Salaries

NBFC Territory Sales Manager salary in India ranges between ₹6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.

NBFC Territory Sales Manager salaries in India

Companies similar to NBFC for Territory Sales Manager

Latest annual salaries shared by NBFC Territory Sales Manager

Experience wise NBFC Territory Sales Manager salaries

Similar Designation salaries in NBFC

Salary related reviews for NBFC

Back Office Executive in Jaipur

Bajaj Finance Limited in Mumbai

Assistant Manager

Assistant Manager in Gurgaon / Gurugram

Senior Area Collection Manager in Wani

NBFC Territory Sales Manager Salary FAQs

Tell us how to improve this page.

NBFC Territory Sales Manager Salaries by Location