Mahindra Finance Territory Manager Salaries by 10+ Employees

7 - 16 years exp.

₹5 Lakhs - ₹9.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

Territory Manager Salary at Mahindra Finance ranges between ₹5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 11 latest salaries received from... Read more

At par with the average Territory Manager Salary in NBFC Companies for 7 - 16 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
TVS Credit Territory Manager Salary 4 - 13 years exp. (219 salaries)	₹3 L/yr - ₹8.5 L/yr 20% less
Mahindra Rural Housing Finance Territory Manager Salary 7 - 16 years exp. (189 salaries)	₹3.5 L/yr - ₹13.5 L/yr 16% more	2 job openings
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L&T Finance Territory Manager Salary 6 - 14 years exp. (178 salaries)	₹4 L/yr - ₹10 L/yr 1% more

IIFL Finance Territory Manager Salary 10 - 19 years exp. (94 salaries)	₹5.3 L/yr - ₹13 L/yr 23% more	1 job opening
Satin Creditcare Network Territory Manager Salary 5 - 12 years exp. (35 salaries)	₹3 L/yr - ₹6 L/yr 39% less
SMFG India Credit Territory Manager Salary 7 - 15 years exp. (27 salaries)	₹3.2 L/yr - ₹12 L/yr 2% more	1 job opening
Sammaan Capital Limited Territory Manager Salary 3 - 11 years exp. (15 salaries)	₹3.1 L/yr - ₹5.5 L/yr 46% less
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Bharat Financial Inclusion Territory Manager Salary 13 - 18 years exp. (8 salaries)	₹9.5 L/yr - ₹17 L/yr 97% more

Muthoot Fincorp Territory Manager Salary 7 - 14 years exp. (7 salaries)	₹6.7 L/yr - ₹9.6 L/yr 10% more
Muthoot Finance Territory Manager Salary 15 - 20 years exp. (6 salaries)	₹6 L/yr - ₹8.5 L/yr At par
Sundaram Finance Territory Manager Salary 16 - 21 years exp. (6 salaries)	₹17 L/yr - ₹23.5 L/yr 150% more
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Kotak Mahindra Prime Territory Manager Salary 6 - 9 years exp. (4 salaries)	₹5.8 L/yr - ₹9.7 L/yr At par
Shriram Finance Territory Manager Salary 5 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹10 L/yr 20% less
MAS Financial Services Territory Manager Salary 5 - 8 years exp. (4 salaries)	₹5 L/yr - ₹8.3 L/yr 19% less
Poonawalla Fincorp Territory Manager Salary 5 - 20 years exp. (4 salaries)	₹4.5 L/yr - ₹9.2 L/yr 23% more
SK Finance Limited Territory Manager Salary 8 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹9.9 L/yr 11% more

From

Territory Manager

₹

Lakhs/yr

7 - 16 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 24 years exp.

Territory Manager 7 - 16 years exp.

Area Business Manager 5 - 18 years exp.

17% hike

Divisional Manager 9 - 24 years exp.

109% 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.

Mahindra Finance Territory Manager salaries by

Years of experience	Avg. annual salary
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
12 years (3 salaries)	₹5.8 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
15+ years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

View all salaries by experience

Similar Designation Salaries at Mahindra Finance

Similar Designation	Avg. annual salary
Territory Sales Manager Salary (4 salaries)	₹8 L/yr - ₹14 L/yr
Deputy Manager Salary (389 salaries)	₹3.9 L/yr - ₹11.6 L/yr
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Senior Territory Manager Salary (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
Area Manager Salary (94 salaries)	₹3.1 L/yr - ₹13.5 L/yr
Territory Business Manager Salary (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
Area Sales Manager Salary (81 salaries)	₹4.4 L/yr - ₹19 L/yr
Sales Manager Salary (107 salaries)	₹2.4 L/yr - ₹9.6 L/yr
Territory Sales Incharge Salary (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
Senior Sales Manager Salary (7 salaries)	₹4.5 L/yr - ₹10.5 L/yr
Relationship Manager Salary (85 salaries)	₹2.2 L/yr - ₹6.5 L/yr

View more similar designations

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Salary Discussions, Hike & Promotions

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 Mahindra Finance

3.3

Rated by 11 employees for salary & benefits

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• updated on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• updated on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• updated on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• updated on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Business Development Executive in Nagaon

Research & Development Department

3.0

• updated on 22 Oct 2021

2.0

for Salary and Benefits

Likes

Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

Skill development - Good

Dislikes

There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

Salary - Poor

+1 more

see more salary related reviews

Mahindra Finance Territory Manager Salary FAQs

What is the salary of Territory Manager at Mahindra Finance ?

The average salary of a Territory Manager at Mahindra Finance in India typically ranges from ₹5.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Territory Manager at Mahindra Finance earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Territory Manager Salaries at Mahindra 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 10+ Mahindra Finance employees in India.

What is the estimated take home salary of a Territory Manager at Mahindra Finance in India?

The estimated take-home salary of a Territory Manager at Mahindra Finance in India typically ranges from ₹55,055 to ₹56,432 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 7 years to 16 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 10+ salaries received from various employees of Mahindra Finance. 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 Mahindra Finance ?

To be a Territory Manager at Mahindra Finance in india, the key skills required include:

- SAP CO
- Writing Content
- Excel
- PowerPoint
- Communication Skills

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Territory Manager in India?

Sundaram Finance	₹17.0 Lakhs to ₹23.5 Lakhs per year
Bharat Financial Inclusion	₹9.5 Lakhs to ₹17.0 Lakhs per year
Poonawalla Fincorp	₹4.5 Lakhs to ₹9.2 Lakhs per year
IIFL Finance	₹5.3 Lakhs to ₹13.0 Lakhs per year
Mahindra Rural Housing Finance	₹3.5 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Mahindra Finance in India?

The salary of a Territory Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SK Finance Limited	₹6.8 Lakhs to ₹9.9 Lakhs per year
Muthoot Fincorp	₹6.7 Lakhs to ₹9.6 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹12.0 Lakhs per year
L&T Finance	₹4.0 Lakhs to ₹10.0 Lakhs per year
Muthoot Finance	₹6.0 Lakhs to ₹8.5 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 Mahindra Finance in India?

The salary growth for a Territory Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
7 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
8 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
9 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
10 years	₹6.6 Lakhs to ₹8.5 Lakhs per year

and so on.

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Mahindra Finance Territory Manager Salaries

Mahindra Finance Territory Manager salary in India ranges between ₹5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Mahindra Finance latest salaries received from various employees of Mahindra Finance.