The average pay for a Relationship Manager in Mumbai, Maharashtra is Rs 458,880 per year. The skills that increase pay for this job the most are Financial Analysis, Banking, Oral / Verbal Communication, and Field Sales. Experience strongly influences income for this job. Most people with this job move on to other positions after 20 years in this field.

Rs 207,415 - Rs 988,856
Rs 210K
Rs 460K
Rs 990K
MEDIAN: Rs 464,512
10%
50%
90%
Rs 0Rs 1M
Salary Rs 207,415 - Rs 988,856
Bonus Rs 15,000 - Rs 203,768
Profit Sharing Rs 50,868
Commission Rs 12,164 - Rs 295,898
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 211,720 - Rs 1,051,544
  • Country: India
  • Currency: INR
  • Updated: 17 Jan 2018
  • Individuals Reporting: 372

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 2018 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.

Popular Employer Salaries for Relationship Manager

Relationship Manager Job Listings

Key Stats for Relationship Manager

Gender

Female
22 %
Male
78 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.
Less than 1 year
13%
1-4 years
54%
5-9 years
24%
10-19 years
8%

Experience Affects Relationship Manager Salaries

▲60%

▲32%

National Average
Rs 491,000

▼16%

Skills That Affect Relationship Manager Salaries


▲61%

Oral / Verbal Communication
▲40%

Field Sales
▲26%

National Average
Rs 491,000


▼4%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
13%
1-4 years
54%
5-9 years
24%
10-19 years
8%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 7%
vision benefits
Vision: 4%
no benefits
None: 30%