Tata Motors Finance Chennai State Head Salaries by 4 Employees

8 - 22 years exp.

₹12.3 Lakhs - ₹18 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average State Head Salary in NBFC Companies for 8 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 11 - 18 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹16.5 L/yr
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Administration & Facilities State Head Salary 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹9 L/yr

Last Updated: 22 Dec 2024

Companies similar to Tata Motors Finance for State Head in Chennai

Tata Motors Finance State Head Salary

8 - 22 years exp. (4 salaries)

₹12.3 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit State Head Salary 20 - 23 years exp. (4 salaries)	₹15.6 L/yr - ₹20 L/yr 25% more
Manappuram Finance State Head Salary 18 - 20 years exp. (3 salaries)	₹13.2 L/yr - ₹13.7 L/yr 10% less
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IDFC FIRST Bank State Head Salary 5 - 18 years exp. (25 salaries)	₹6.3 L/yr - ₹20 L/yr 1% less
Asian Paints State Head Salary 8 - 12 years exp. (9 salaries)	₹12 L/yr - ₹18.5 L/yr 20% more	1 job opening
Zomato State Head Salary 5 - 10 years exp. (7 salaries)	₹12.5 L/yr - ₹30 L/yr 35% more

State Head salary at Tata Motors Finance ranges between ₹12.3 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance State Head salaries in Chennai

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
9 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
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10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
14 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
15+ years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr

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From

State Head

8 - 23 years exp.

Zonal Head Business

16 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tata Motors Finance

Business Development Manager Salary

(10 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Territory Sales Manager Salary

(3 salaries)

₹7 L/yr - ₹9 L/yr

Regional Sales Manager Salary

(3 salaries)

₹24.94 L/yr - ₹29.9 L/yr

Salary related reviews for Tata Motors Finance

5.0

Rated by 1 employees for salary & benefits

Business Development Manager in Mumbai

Marketing & Communication Department

4.0

• posted on 03 May 2021

4.0

for Salary and Benefits

Likes

...t being super all people are helpful and Coordinate both in difficult situation.Obiously salary in good as best in your work.Overall good Experience

Salary - Good

+3 more

Dislikes

... true some of politics involve in theirs.I haven't see management address issue. Salary is Ok hiking not possible also Carter growth is slow.No training for fresher on the job.some of using bad language in front of others

Territory Sales Manager in Jhansi

Used Commercial Vehicle Department

5.0

• posted on 02 Apr 2021

5.0

for Salary and Benefits

Likes

Such an amazing company to work with. I am a Proud member of TMF, Good work environment and culture, TMF Wolfpack concept make the team more strong and keep each member of Wolfpack motivated to achieve the desired results.

Salary - Excellent

+6 more

Dislikes

...up and help you in getting your confidence back. Career growth is also bit slow. Some improvement needed in off role hiring of BDM's, Getting a good resource on low salary has always been a challenge at BDM level.

Business Development Manager in Erode

Sales & Business Development Department

5.0

• posted on 08 Apr 2021

5.0

for Salary and Benefits

Likes

Very good job satisfaction.

Salary - Excellent

+5 more

Dislikes

Career wise growth is too poor while bdm are entry level positions will continued year by year no salary hike and there is no movement of next grade/designation.if these are corrected we never missed knowledgeable employees

Promotions - Bad

Territory Manager in Karnal

BFSI, Investments & Trading Department

2.0

• posted on 25 Mar 2021

5.0

for Salary and Benefits

Likes

Company has good compensation and benefit schemes. Salary always came on time.

Salary - Excellent

Dislikes

Single person will do everything and boss required everything on time likes u r Hanuman. They required target complete but support zero. They required quality business with any rejection because channel should happy.

Skill development - Bad

+5 more

Business Development Manager in Gurgaon / Gurugram

Commercial vehicle finance Department

4.0

• posted on 05 Oct 2019

2.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I'm a part of a team that market reliable.

Company culture - Excellent

Dislikes

Compensation is decent but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client in the night.

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata Motors Finance State Head Salary FAQs

What is the salary of State Head at Tata Motors Finance in Chennai?

The average salary of a State Head at Tata Motors Finance in Chennai typically ranges from ₹12.3 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 8 years to 22 years).

The top 10% of State Head in Chennai at Tata Motors Finance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. State Head Salaries at Tata Motors 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 Tata Motors Finance employees in India.

What is the estimated take home salary of a State Head at Tata Motors Finance in Chennai?

The estimated take-home salary of a State Head at Tata Motors Finance in Chennai typically ranges from ₹1,03,931 to ₹1,06,780 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 8 years to 22 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 Tata Motors Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Motors Finance for State Head in India?

Zomato	₹12.5 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹15.6 Lakhs to ₹20.0 Lakhs per year
Asian Paints	₹12.0 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a State Head in companies similar to Tata Motors Finance in Chennai?

The salary of a State Head at companies similar to Tata Motors Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹6.3 Lakhs to ₹20.0 Lakhs per year
Manappuram Finance	₹13.2 Lakhs to ₹13.7 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 State Head at Tata Motors Finance in Chennai?

The salary growth for a State Head at Tata Motors Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a State Head in Chennai can expect the following growth trajectory at Tata Motors Finance:

Experience	Average Salary Range
8 years	₹11.1 Lakhs to ₹14.1 Lakhs per year
9 years	₹11.4 Lakhs to ₹14.6 Lakhs per year
10 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
11 years	₹12.1 Lakhs to ₹15.4 Lakhs per year

and so on.

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Tata Motors Finance State Head Salaries in Chennai

Tata Motors Finance State Head salary in Chennai ranges between ₹12.3 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.