Rs 374,538
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

Rs 55,319

Bonus

Rs 45,000

Profit Sharing

Rs 97,379

Commission

What am I worth?
How should I pay?

The average pay for a Relationship Manager is {{pay}} per hour.

The average pay for a Relationship Manager is Rs 374,538 per year.

10%
Rs 0.00
10%
Rs 0.00
50%
Rs 0.00
90%
90%
MEDIAN Rs 0.00
10%
Rs 199k
10%
Rs 375k
50%
Rs 818k
90%
90%
MEDIAN Rs 374,538
Rs 198,971 - Rs 818,131
Rs 200K
Rs 370K
Rs 820K
MEDIAN: Rs 374,538
10%
50%
90%
Rs 0Rs 911K
Salary Rs 198,971 - Rs 818,131
Bonus Rs 9,905 - Rs 202,827
Profit Sharing Rs 4,966 - Rs 207,592
Commission Rs 14,773 - Rs 387,832
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 205,757 - Rs 911,650
  • Country: India
  • Currency: INR
  • Updated: 14 May 2019
  • Individuals Reporting: 2,616

Job Description for Relationship Manager

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 who deal with clients and customers can explain what the company does, what ethics the company is bound by, and why the client should choose this company over any competitors. Relationship managers will typically work within a company in customer service or often as part of a sales department. They are able to explain customers' and clients' needs and what steps should be taken in order to fulfill those needs, as well as any legal boundaries that exist between the company and outside entities such as contractual obligations and legal restrictions. As such, relationship managers are tasked with keeping up with communications involving the company and its clients, vendors, etc. as a whole, or can focus on one or several specific clients or vendors. Ultimately, they work to ensure that client relationships are as fluid and harmonious as possible while adhering to their company's guidelines and standards. (Copyright 2019 PayScale.com)

Relationship Manager Tasks
  • Cultivate new clients through referrals and calling efforts to achieve individual and team revenue goals.
  • Develop effective ways to promote brand awareness that lead to measurable business results.
  • Ensure continuity of high quality service, product delivery, and responsiveness to client needs.

Relationship Manager Pay By Employer

$0$157K

$46,007

$60,402

$68,206

U.S. Bank
24 profiles
$80,321

$75,232

$44,473

$100,279

Citibank
12 profiles
$95,000

Chase Bank
11 profiles
$55,000

$81,347

Common Career Paths for Relationship Manager


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Relationship Manager Job Listings

Popular Skills for Relationship Manager

Pay by Experience Level for Relationship Manager

Pay by Experience for a Relationship Manager has a positive trend. An entry-level Relationship Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 349,000 based on 913 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Relationship Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 569,000 based on 408 salaries. An experienced Relationship Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 669,000 based on 112 salaries. A Relationship Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 720,000 based on 7 salaries.

Pay Difference by Location

National Average: Rs 402,281

Larger city markers indicate a job is popular in that location.

Relationship Manager Reviews

Q: What is it like working as a Relationship Manager?

Relationship Manager in Mumbai:
Pros: Responsibilty.
Cons: No support from support groups.

Relationship Manager in Ankleshwar:
"Growing industry."
Pros: Channel management and recruitment of agent.
Cons: Third party payout and onroll problem.

Relationship Manager in Hyderabad:
"Not so great."
Pros: Get to learn basic banking comcepts.
Cons: Employee disrespect and too much borrower lineincy.

Relationship Manager in Mumbai:
"My Experience As A Relationship Manager."
Pros: I like the fact that I get to understand how people invest. I learn and teach at the same time.
Cons: There is pressure to meet targets and that leads to unnecessary stress and mis-selling, neither of which is desirable.

Relationship Manager in Mumbai:
Pros: Near to home.
Cons: Low salary. High saLES pressure. Over load. Slow growth.

Relationship Manager in Mumbai:
"Now looking forward to a making a significant contribution a"
Be focussed and try to learn from your seniors all the time.

Relationship Manager in Jalandhar:
"This is good profile.after branch head rm have the main sour"
Pros: Really nice atmosphere.good team leaders.i have break all the records here.
Cons: Brand name of my organization,

Related Job Salaries

Key Stats for Relationship Manager

Gender

Female
17 %
Male
83 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
Less than 1 year
13%
1-4 years
52%
5-9 years
26%
10-19 years
8%
20 years or more
0%

Experience Affects Relationship Manager Salaries

Late-Career
▲79%

▲66%

▲41%

National Average
Rs 402,000

▼13%

Skills That Affect Relationship Manager Salaries

Portfolio Management
▲106%

▲44%


Investment Management
▲37%


Sales Management
▲7%


▲2%

▲2%

Customer Relations
▼0%

National Average
Rs 402,000

Channel Sales
▼1%


Customer Service
▼28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
13%
1-4 years
52%
5-9 years
26%
10-19 years
8%
20 years or more
0%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 26%