Merchant Relationship Manager
Annual salary range
₹4.4 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 Financial Services in India
based on 196
latest salaries
• updated:
19 Dec 2024
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
(2
salaries)
|  ₹4.5 L/yr - ₹5.2 L/yr |
5
years
(30
salaries)
| ₹4.8 L/yr - ₹10.5 L/yr |
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| |
6
years
(23
salaries)
| ₹4.5 L/yr - ₹11 L/yr |
7
years
(27
salaries)
| ₹4.9 L/yr - ₹10 L/yr |
8
years
(41
salaries)
| ₹5.5 L/yr - ₹11 L/yr |
View all salaries by experience
Merchant Relationship Manager Salary in
India ranges between ₹4.4
Lakhs to ₹11
Lakhs for
4 years of experience to 12 years of experience
. Salary estimates are based on
196 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.
(101
salaries)
| ₹4.4 L/yr - ₹11 L/yr |
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| |
BFSI, Investments & Trading
Merchant Relationship Manager Salary
5 - 12
years
exp.
(32
salaries)
| ₹4.5 L/yr - ₹10 L/yr |
Latest annual salaries shared by Merchant Relationship Managers
3d ago
HDFC Bank
Merchant Relationship Manager
8 years exp.
5d ago
Kotak Mahindra Bank
Merchant Relationship Manager
10 years exp.
1w ago
HDFC Bank
Merchant Relationship Manager
9 years exp.
2w ago
Yes Bank
Merchant Relationship Manager
7 years exp.
1mo ago
HDFC Bank
Merchant Relationship Manager
6 years exp.
1mo ago
SBI Payment Services
Merchant Relationship Manager
9 years exp.
1mo ago
Pine Labs
Merchant Relationship Manager
4 years exp.
2mo ago
SBI Payment Services
Merchant Relationship Manager
5 years exp.
2mo ago
HDFC Bank
Merchant Relationship Manager
10 years exp.
3mo ago
Handfab Home
Merchant Relationship Manager
4 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
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 | |
Login to view exact salary
| ||
8 yrs
exp.
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
4 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
7 yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
1 yr
exp.
(AmbitionBox Estimate)
|
₹2.8 L/yr - ₹3.6 L/yr | |
4 yrs
exp.
(AmbitionBox Estimate)
|
₹4.7 L/yr - ₹6 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹4.8 L/yr - ₹6.1 L/yr | |
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| ||
10 yrs
exp.
(AmbitionBox Estimate)
|
₹8.4 L/yr - ₹10.8 L/yr | |
Similar Designation Salaries for Merchant Relationship Manager
| Designations | Avg Annual Salary |
|---|---|
Relationship Manager Salary
1 -
8
years
exp.
(46.6k salaries)
| ₹2.3 L/yr - ₹8.8 L/yr |
Assistant Sales Manager Salary
2 -
13
years
exp.
(4.5k salaries)
| ₹2.3 L/yr - ₹8 L/yr |
Login to view exact salary
| |
Regional Manager Salary
6 -
21
years
exp.
(3.1k salaries)
| ₹5.1 L/yr - ₹29 L/yr |
Area Sales Manager Salary
4 -
16
years
exp.
(11.5k salaries)
| ₹4 L/yr - ₹17 L/yr |
Area Business Manager Salary
5 -
15
years
exp.
(14.1k salaries)
| ₹3.6 L/yr - ₹16.1 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 moreDislikes
Not dislike about hdfc bank
HDFC Bank
Branch Manager
• posted on 05 Mar 2024
Likes
Brand name and competitive as compared to other banks
Dislikes
... able to finish ur work. Sales pressure is too much. End up losing mental peace. Salary of 2 employees at same level differs a lot. Appraisal hike is equal to peanuts compared to the work
read moreHDFC Bank
Senior Manager
• posted on 03 Sep 2023
Likes
Fast-paced environment, aggressive way of doing business, good flow of communication, pay and perks, travel allowances are liberal. Good for people who like to own responsibility and portfolio of business.
read moreDislikes
Work-life balance, workload, inter-departmental friction, burnout in a few years.
HDFC Bank
Senior Manager
• posted on 29 Oct 2023
Likes
salary, learning, appraisals
Dislikes
internal politucs from immediate bosses and conservative approach that if my junior is growing then it is harmful for senior, hence junior growth is compromised
read moreMerchant Relationship Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Merchant Relationship Manager
5 -
12
years
exp.
| ₹5.3 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
| |
Bangalore / Bengaluru
Merchant Relationship Manager
5 -
11
years
exp.
| ₹4.2 L/yr - ₹9 L/yr |
Chennai
Merchant Relationship Manager
4 -
12
years
exp.
| ₹3 L/yr - ₹10.5 L/yr |
Pune
Merchant Relationship Manager
4 -
10
years
exp.
| ₹8.4 L/yr - ₹11.3 L/yr |
View More
Merchant Relationship Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Banking
Merchant Relationship Manager
5 -
12
years
exp.
| ₹4.5 L/yr - ₹11 L/yr |
NBFC
Merchant Relationship Manager
5 -
12
years
exp.
| ₹4.8 L/yr - ₹10.9 L/yr |
Login to view exact salary
| |
Insurance
Merchant Relationship Manager
5 -
12
years
exp.
| ₹5 L/yr - ₹10.9 L/yr |
Internet
Merchant Relationship Manager
4 -
10
years
exp.
| ₹2.5 L/yr - ₹7.5 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 ₹4.4 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 196 latest salaries received from various Merchant Relationship Managers across industries.
What are the top paying companies that employ Merchant Relationship Managers?
- HDFC Bank Merchant Relationship Manager Salary - ₹7.7 Lakhs per year
- Yes Bank Merchant Relationship Manager Salary - ₹7.5 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 ₹4.4 Lakhs per year (₹36.7k per month). 4 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 ₹11.7 Lakhs per year (₹97.5k 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 - ₹2.5 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
- New Delhi - ₹2.2 Lakhs to 11.5 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 11.0 Lakhs per year
- Thiruvananthapuram - ₹5.1 Lakhs to 9.5 Lakhs per year
- Chennai - ₹2.2 Lakhs to 11.5 Lakhs per year
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