Merchant Relationship Manager
Annual salary range
₹4.5 Lakhs - ₹11 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byMerchant Relationship Manager Salary in Banking in India
based on 184
latest salaries
• updated:
12 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Merchant Relationship Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
4
years
(1
salaries)
|  ₹2.5 L/yr - ₹2.5 L/yr |
5
years
(27
salaries)
| ₹3.7 L/yr - ₹9.5 L/yr |
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| |
6
years
(22
salaries)
| ₹4.5 L/yr - ₹11 L/yr |
7
years
(24
salaries)
| ₹4.9 L/yr - ₹9.8 L/yr |
8
years
(40
salaries)
| ₹5.5 L/yr - ₹10.5 L/yr |
View all salaries by experience
Merchant Relationship Manager Salary in
India ranges between ₹4.5
Lakhs to ₹11
Lakhs for
5 years of experience to 12 years of experience
. Salary estimates are based on
184 latest salaries received
from Merchant Relationship Manager.
See latest salaries
Merchant Relationship Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Sales & Business Development
Merchant Relationship Manager Salary
5 - 12
years
exp.
(96
salaries)
| ₹4.9 L/yr - ₹11 L/yr |
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| |
BFSI, Investments & Trading
Merchant Relationship Manager Salary
5 - 12
years
exp.
(31
salaries)
| ₹4.5 L/yr - ₹10 L/yr |
Latest annual salaries shared by Merchant Relationship Managers
1w ago
SBI Payment Services
Merchant Relationship Manager
5 years exp.
1w ago
SBI Payment Services
Merchant Relationship Manager
9 years exp.
3w ago
Kotak Mahindra Bank
Merchant Relationship Manager
10 years exp.
1mo ago
Yes Bank
Merchant Relationship Manager
7 years exp.
2mo ago
Pine Labs
Merchant Relationship Manager
4 years exp.
3mo ago
SBI Payment Services
Merchant Relationship Manager
5 years exp.
3mo ago
HDFC Bank
Merchant Relationship Manager
10 years exp.
4mo ago
Handfab Home
Merchant Relationship Manager
4 years exp.
4mo ago
HDFC Bank
Merchant Relationship Manager
12 years exp.
4mo ago
HDFC Bank
Merchant Relationship Manager
7 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
5 -
14
yrs
exp.
(192 salaries)
|
₹3.7 L/yr - ₹11.7 L/yr | |
1 -
10
yrs
exp.
(12 salaries)
|
₹3.4 L/yr - ₹12.5 L/yr | |
Login to view exact salary
| ||
1 -
12
yrs
exp.
(4 salaries)
|
₹2 L/yr - ₹7 L/yr | |
2 -
10
yrs
exp.
(3 salaries)
|
₹3.5 L/yr - ₹7.5 L/yr | |
2 -
7
yrs
exp.
(AmbitionBox Estimate)
|
₹4.3 L/yr - ₹5.5 L/yr | |
4 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹1.2 L/yr - ₹1.5 L/yr | |
18 yrs
exp.
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
8 yrs
exp.
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
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| ||
Similar Designation Salaries for Merchant Relationship Manager
| Designations | Avg Annual Salary |
|---|---|
Relationship Manager Salary
1 -
8
years
exp.
(26.6k salaries)
| ₹2.5 L/yr - ₹10 L/yr |
Area Business Manager Salary
5 -
15
years
exp.
(197 salaries)
| ₹4.1 L/yr - ₹22.2 L/yr |
Login to view exact salary
| |
Area Sales Manager Salary
4 -
16
years
exp.
(3.4k salaries)
| ₹5.2 L/yr - ₹17.9 L/yr |
Assistant Sales Manager Salary
2 -
11
years
exp.
(1.4k salaries)
| ₹2.2 L/yr - ₹4.9 L/yr |
Regional Manager Salary
6 -
21
years
exp.
(527 salaries)
| ₹5.2 L/yr - ₹30.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Merchant Relationship Manager
HDFC Bank
Relationship Manager
• posted on 14 Nov 2024
Likes
Dynamic work environment,professional growth opportunities,competitive compensation,collaborative team culture and so on .
read more- Salary - Excellent+6 more
Dislikes
Not dislike about hdfc bank
HDFC Bank
Relationship Manager
• posted on 29 Nov 2023
Likes
Product and Process is good. Culture of Hdfc Bank is good. Learning is there.
- Skill development - Good+4 more
Dislikes
Salary hike is less yearly. Work life balance is not there.
HDFC Bank
Branch Manager
• posted on 03 Jul 2023
Likes
**Training on each service or product initiatives. **50-60% business comes because of brand value. ** Unlike poor % salary hikes, bonus amount is better. **Employee Recruitment Bonus(bonus will get apply on only RM,BM,Auth,Bsm,Ch,ZH roles).
read more- Skill development - Excellent+4 more
Dislikes
*Multiple Concalls and reviews. *Micro monitoring on internal data(mostly useless) contactibility. *Poor appraisal growth(Although bonus is better). *Far distanced branches for male employees. *HR team are close to useless. *Recruitment is always an issue...Hr expects we only need to send candidates.
read moreHDFC Bank
Relationship Manager
• posted on 10 Jan 2025
Likes
As brand Value
- Skill development - Good+1 more
Dislikes
overall experience adfc hdb and hdfc bank almost 8yr same work as rm no promotion as team manager or other opportunity
read moreMerchant Relationship Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Merchant Relationship Manager
4 -
12
years
exp.
| ₹2.5 L/yr - ₹10.9 L/yr |
New Delhi
Merchant Relationship Manager
5 -
11
years
exp.
| ₹5 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Chennai
Merchant Relationship Manager
4 -
12
years
exp.
| ₹3 L/yr - ₹10.5 L/yr |
Bangalore / Bengaluru
Merchant Relationship Manager
5 -
11
years
exp.
| ₹4.2 L/yr - ₹9 L/yr |
Bhopal
Merchant Relationship Manager
5 -
11
years
exp.
| ₹6.6 L/yr - ₹11.3 L/yr |
View More
Merchant Relationship Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Merchant Relationship Manager
4 -
12
years
exp.
| ₹4.4 L/yr - ₹10.9 L/yr |
NBFC
Merchant Relationship Manager
5 -
12
years
exp.
| ₹4.8 L/yr - ₹10.8 L/yr |
Login to view exact salary
| |
Insurance
Merchant Relationship Manager
5 -
12
years
exp.
| ₹5 L/yr - ₹10.8 L/yr |
Internet
Merchant Relationship Manager
4 -
10
years
exp.
| ₹2.5 L/yr - ₹7 L/yr |
FinTech
Merchant Relationship Manager
4 -
10
years
exp.
| ₹2 L/yr - ₹7 L/yr |
View More
Frequently Asked Questions about Merchant Relationship Manager Salaries
What is the salary of a Merchant Relationship Manager in India?
Salary for a Merchant Relationship Manager in India ranges between ₹4.5 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 184 latest salaries received from various Merchant Relationship Managers across industries.
What are the top paying companies that employ Merchant Relationship Managers?
- Yes Bank Merchant Relationship Manager Salary - ₹8.6 Lakhs per year
- HDFC Bank Merchant Relationship Manager Salary - ₹8.0 Lakhs per year
What is the starting salary for a Merchant Relationship Manager in India?
Average starting Salary for Merchant Relationship Manager in India is around ₹4.5 Lakhs per year (₹37.5k per month). 5 years of minimum experience is required to be a Merchant Relationship Manager.
What is the highest salary for a Merchant Relationship Manager in India?
Highest salary that a Merchant Relationship Manager can earn is ₹12.5 Lakhs per year (₹1.0L per month).
What are the top paying industries for Merchant Relationship Manager in India?
- Software Product - ₹8.8 Lakhs to 14.0 Lakhs per year
- Banking - ₹2.0 Lakhs to 17.0 Lakhs per year
- Financial Services - ₹2.4 Lakhs to 9.4 Lakhs per year
- FinTech - ₹1.8 Lakhs to 13.0 Lakhs per year
- Internet - ₹3.1 Lakhs to 4.2 Lakhs per year
What are the top paying cities for Merchant Relationship Manager in India?
- Bhopal - ₹6.0 Lakhs to 11.3 Lakhs per year
- Mumbai - ₹2.4 Lakhs to 11.0 Lakhs per year
- New Delhi - ₹6.0 Lakhs to 11.5 Lakhs per year
- Chennai - ₹2.5 Lakhs to 11.5 Lakhs per year
- Thiruvananthapuram - ₹5.1 Lakhs to 9.5 Lakhs per year
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