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IDFC FIRST Bank Territory Manager salaries in Indore (Updated 2025)

Annual salary range
1 - 13 years exp.
₹4.8 Lakhs - ₹12.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Territory Manager Salary at IDFC FIRST Bank ranges between ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 37 latest salaries received... Read more

8% more than the average Territory Manager Salary in Banking Companies for 1 - 13 years of experience

Interested in this particular role? 1 job opening

What are the roles & responsibilities of a Territory Manager at IDFC FIRST Bank?

Channel Management

  • Sourcing and managing channels from the market
  • Acquiring business from existing channel partners
  • Identifying changing market trends for channel development
  • Collaborate with teams to enhance channel performance

Portfolio Quality Assurance

  • Ensuring quality portfolio by minimizing delinquency and rejection

Read full roles & responsibilities

Last Updated: 5 Jun 2025

Companies similar to IDFC FIRST Bank for Territory Manager in Indore

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IDFC FIRST Bank Territory Manager Salary

1 - 13 years exp. (37 salaries)

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₹4.8 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bandhan Bank Territory Manager Salary

6 - 9 years exp. (3 salaries)

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₹8 L/yr - ₹12.3 L/yr

arrow icon 42% more
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Hafele Territory Manager Salary

1 - 9 years exp. (9 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 15% more
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IIFL Finance Territory Manager Salary

10 - 15 years exp. (8 salaries)

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₹7.4 L/yr - ₹10 L/yr

arrow icon 6% more
1 job opening
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Dr Lal PathLabs Territory Manager Salary

3 - 9 years exp. (8 salaries)

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₹3.9 L/yr - ₹6.1 L/yr

arrow icon 43% less
2 job openings
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Dabur Territory Manager Salary

7 - 17 years exp. (8 salaries)

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₹10.6 L/yr - ₹17.3 L/yr

arrow icon 78% more
2 job openings
IDFC FIRST Bank Territory Manager Salary and Career Growth

From

To

Territory Manager

unlock blur Lakhs/yr

1 - 13 years exp.

Regional Head

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11 - 22 years exp.

Territory Manager 1 - 13 years exp.
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State Head 5 - 17 years exp.
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arrow icon 81% hike
    Regional Head 11 - 22 years exp.
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    arrow icon 90% hike
    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.

    Latest annual salaries shared by IDFC FIRST Bank Territory Manager in Indore

    2w ago
    ₹9.5 Lakhs
    8 years exp.
    3w ago
    ₹9 Lakhs
    13 years exp.
    2mo ago
    ₹12.4 Lakhs
    7 years exp.
    3mo ago
    ₹8.5 Lakhs
    12 years exp.
    3mo ago
    ₹10.3 Lakhs
    5 years exp.
    4mo ago
    avg blur mobile
    9 years exp.
    7mo ago
    avg blur mobile
    6 years exp.

    IDFC FIRST Bank Territory Manager salaries by

    Years of experience Avg. annual salary
    1 year (AmbitionBox Estimate)

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    ₹7 L/yr - ₹9 L/yr
    2 years (AmbitionBox Estimate)

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    ₹7.1 L/yr - ₹9.1 L/yr
    3 years  (4 salaries)

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    ₹4.8 L/yr - ₹14.4 L/yr
    4 years  (5 salaries)

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    ₹4.8 L/yr - ₹9.4 L/yr
    5 years  (4 salaries)

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    ₹5 L/yr - ₹10.3 L/yr
    View all salaries by experience

    Similar Designation Salaries at IDFC FIRST Bank

    Similar Designation Avg. annual salary
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    ₹7.2 L/yr - ₹23 L/yr

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    1w
    a senior executive
    GF salary Vs. My salary
    Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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    Salary related reviews for IDFC FIRST Bank

    4.9

    Rated by 2 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  updated on 27 Jan 2025

    5.0
     for  Salary and Benefits

    Likes

    Salary they provide is As per standards and even better in some cases.

    • Salary - Excellent
    • +1 more

    Dislikes

    In you are working in sales domain then it's almost impossible to meet target if you are in certain departments , so do your research before joining

    read more
    • Job security - Poor
    • +2 more

    Full Time

     · 

    Risk Management & Compliance Department

    5.0
      •  updated on 08 May 2023

    2.0
     for  Salary and Benefits

    Likes

    IDFC first bank working culture is amazing. But little bit changes need like carrier growth and salary perks. Eg.am working with idfc for past 8 years, but have not getting salary increasment and designation role too. I don't know how to work for getting this.? Even Month by Month achieved 140 above % and met all the parameters as per Bank expectations.

    read more
    • Skill development - Excellent
    • +4 more

    Dislikes

    ...y carrier past 8years my supervisor only getting all the benefits from bank end. Like salary increase and designation change also . I started my carrier at IDFC as a sale's manager after 8 years completed as a sale's manager only. I don't know how to getting the next position in IDFC? Even I achieve all the parameters in terms of business and collection's, digital initiates.for above 140%.

    read more
    • Salary - Poor
    • +1 more

    Sales Department

    2.0
      •  updated on 15 Jul 2020

    3.0
     for  Salary and Benefits

    Likes

    ...orth & East region. Only thing that was okay before Covid19 is the compensation. They were giving the salary they promised. Company policies are very good which are only written in the guidelines and none of them had ever followed. They are very supportive during this Covid19 period that they gave no hike and stop giving all type of conveyance. Moreover they asked people to leave the organisation and so many people has submitted resignation including me as they have to otherwise they will get termination letter. In a nutshell it was a great experience from which I have learnt a lot and are not going to repeat the mistake I have done during my college placements

    read more

    Dislikes

    In a word everything.

    • Skill development - Bad
    • +5 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  updated on 15 May 2025

    5.0
     for  Salary and Benefits

    Likes

    Salary 1. *Fair compensation*: Ensure salary reflects industry standards and job responsibilities. 2. *Performance-based*: Salary increments often tied to performance evaluations. 3. *Negotiation*: Research and prepare to negotiate salary during hiring or reviews. Promotion 1. *Career growth*: Promotions offer opportunities for advancement and increased responsibility. 2. *Performance evaluation*: Promotions often based on performance, skills, and contributions. 3. *Clear criteria*: Establish clear expectations and criteria for promotions.

    read more
    • Salary - Excellent
    • +1 more

    Dislikes

    Working Style

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  updated on 29 Apr 2025

    4.0
     for  Salary and Benefits

    Likes

    Incentives

    • Salary - Good
    • +1 more

    Dislikes

    ...able and not do anything to any work just site and how to highlight upper level. Don’t why company give her salary so much illegal work she doing I request to HR and other team please check my branch people are just sitting nothing else no one care about what’s going on with management and customer

    read more
    • Work satisfaction - Bad
    • +1 more
    see more salary related reviews

    IDFC FIRST Bank Territory Manager Salary FAQs

    What is the salary of Territory Manager at IDFC FIRST Bank in Indore?
    The average salary of a Territory Manager at IDFC FIRST Bank in Indore typically ranges from ₹4.8 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 1 year to 13 years).

    The top 10% of Territory Manager in Indore at IDFC FIRST Bank earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Territory Manager Salaries at IDFC FIRST Bank 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 30+ IDFC FIRST Bank employees in India.
    What is the estimated take home salary of a Territory Manager at IDFC FIRST Bank in Indore?
    The estimated take-home salary of a Territory Manager at IDFC FIRST Bank in Indore typically ranges from ₹62,306 to ₹63,888 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 1 year to 13 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 30+ salaries received from various employees of IDFC FIRST Bank. 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 IDFC FIRST Bank in Indore?
    To be a Territory Manager at IDFC FIRST Bank in Indore, the key skills required include:

    • - Banking
    • - Retail Banking
    • - Customer Service
    • - Channel Development
    • - Sales

    These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than IDFC FIRST Bank for Territory Manager in India?
    Dabur ₹10.6 Lakhs to ₹17.3 Lakhs per year
    Bandhan Bank ₹8.0 Lakhs to ₹12.3 Lakhs per year
    Hafele ₹8.0 Lakhs to ₹11.0 Lakhs per year
    IIFL Finance ₹7.4 Lakhs to ₹10.0 Lakhs per year

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

    Dr Lal PathLabs ₹3.9 Lakhs to ₹6.1 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 IDFC FIRST Bank in Indore?
    The salary growth for a Territory Manager at IDFC FIRST Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Indore can expect the following growth trajectory at IDFC FIRST Bank:

    Experience Average Salary Range
    1 year ₹7.0 Lakhs to ₹9.0 Lakhs per year
    2 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
    3 years ₹4.8 Lakhs to ₹14.4 Lakhs per year
    4 years ₹4.8 Lakhs to ₹9.4 Lakhs per year
    and so on.

    Top skills at IDFC FIRST Bank for Territory Manager

    Customer Service Sales Market Analysis Regulatory Compliance Team Management

    Tell us how to improve this page.

    IDFC FIRST Bank Territory Manager salary in Indore ranges between ₹4.8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.