The average salary for a Relationship Manager in India is ₹391,055.
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What Do Relationship Managers Do?
Relationship managers, in essence, are members of a company who are assigned to communicating with certain entities outside or inside of the company. There are several types of relationship managers, which mainly differ in terms of who they deal with: Relationship managers can communicate with other businesses, clients, customers, vendors, communities, etc. Relationship managers' main job duty is to make sure that adequate communication is maintained with these entities. Relationship managers wh…Read more
Popular Employer Salaries for Relationship Manager
The top respondents for the job title Relationship Manager are from the companies HDFC Bank Pvt Ltd, ICICI Bank and Kotak Mahindra Bank. Reported salaries are highest at Yes Bank where the average pay is ₹660,000. Other companies that offer high salaries for this role include Standard Chartered Bank and IndusInd Bank Limited, earning around ₹651,454 and ₹600,000, respectively. ICICI Bank pays the lowest at around ₹497,474. Axis Bank and Kotak Mahindra Bank also pay on the lower end of the scale, paying ₹544,383 and ₹544,954, respectively.
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Business Development Manager
Somewhat common (8 - 20%)
Relationship Manager Job Listings
What Are Popular Skills for Relationship Managers?
Skills in Customer Relationship Management (CRM), Sales, Banking and Client Interaction are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations.
What is the Pay by Experience Level for Relationship Managers?
An entry-level Relationship Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹306,566 based on 303 salaries. An early career Relationship Manager with 1-4 years of experience earns an average total compensation of ₹354,100 based on 1,378 salaries. A mid-career Relationship Manager with 5-9 years of experience earns an average total compensation of ₹496,405 based on 608 salaries. An experienced Relationship Manager with 10-19 years of experience earns an average total compensation of ₹681,380 based on 221 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹540,000.
Pay Difference by Location
Employees with Relationship Manager in their job title in New Delhi, Delhi earn an average of 19.1% more than the national average. These job titles also find higher than average salaries in Mumbai, Maharashtra (13.7% more) and Bangalore, Karnataka (10.1% more).
Years of Experience
This data is based on 2,516 survey responses.