Merchant Relationship Manager
Annual salary range
₹3 Lakhs - ₹11 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byMerchant Relationship Manager Salary in India (Updated 2025)
based on 130
latest salaries
• updated:
9 Mar 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 |
|---|---|
3
years
(1
salaries)
|  ₹2.2 L/yr - ₹2.2 L/yr |
4
years
(9
salaries)
| ₹2.5 L/yr - ₹8.8 L/yr |
Login to view exact salary
| |
5
years
(10
salaries)
| ₹0.2 L/yr - ₹9.3 L/yr |
6
years
(4
salaries)
| ₹5 L/yr - ₹11.3 L/yr |
7
years
(21
salaries)
| ₹4 L/yr - ₹9.2 L/yr |
View all salaries by experience
Merchant Relationship Manager Salary in
India ranges between ₹3
Lakhs to ₹11
Lakhs for
4 years of experience to 13 years of experience
. Salary estimates are based on
130 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 - 13
years
exp.
(64
salaries)
| ₹4.9 L/yr - ₹11 L/yr |
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| |
BFSI, Investments & Trading
Merchant Relationship Manager Salary
5 - 12
years
exp.
(17
salaries)
| ₹5.5 L/yr - ₹9.9 L/yr |
View all departments salaries
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 |
|---|---|---|
7 -
14
yrs
exp.
(100 salaries)
|
₹4 L/yr - ₹11.5 L/yr | |
1 -
11
yrs
exp.
(14 salaries)
|
₹3.4 L/yr - ₹12.5 L/yr | |
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| ||
4 -
15
yrs
exp.
(6 salaries)
|
₹8.8 L/yr - ₹14 L/yr | |
1 -
4
yrs
exp.
(6 salaries)
|
₹1.8 L/yr - ₹3.2 L/yr | |
1 -
12
yrs
exp.
(4 salaries)
|
₹2 L/yr - ₹7 L/yr | |
10 -
14
yrs
exp.
(4 salaries)
|
₹6.5 L/yr - ₹13 L/yr | |
1 -
3
yrs
exp.
(3 salaries)
|
₹2.2 L/yr - ₹3.1 L/yr | |
2 -
10
yrs
exp.
(3 salaries)
|
₹3.5 L/yr - ₹7.5 L/yr | |
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| ||
5 yrs
exp.
(3 salaries)
|
₹5.5 L/yr - ₹8.3 L/yr | |
3 -
4
yrs
exp.
(3 salaries)
|
₹4.4 L/yr - ₹4.5 L/yr | |
Similar Designation Salaries for Merchant Relationship Manager
| Designations | Avg Annual Salary |
|---|---|
Relationship Manager Salary
1 -
8
years
exp.
(80.1k salaries)
| ₹2 L/yr - ₹8 L/yr |
Assistant Sales Manager Salary
2 -
13
years
exp.
(28.8k salaries)
| ₹2.5 L/yr - ₹12.3 L/yr |
Login to view exact salary
| |
Area Sales Manager Salary
4 -
16
years
exp.
(1.1L salaries)
| ₹3.3 L/yr - ₹18 L/yr |
Regional Manager Salary
6 -
21
years
exp.
(20.7k salaries)
| ₹4.8 L/yr - ₹30 L/yr |
Area Business Manager Salary
5 -
16
years
exp.
(14.1k salaries)
| ₹3.6 L/yr - ₹16.6 L/yr |
View more similar designations
Salary related reviews by similar designations like Merchant Relationship Manager
HDFC Bank
Branch Manager
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreHDFC 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
Branch Manager
• posted on 05 Mar 2024
Likes
Brand name and competitive as compared to other banks
- Job security - Good
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 more- Skill development - Poor
+2 more
HDFC Bank
Relationship Manager
• posted on 30 Jan 2025
Likes
The salary, week-offs, promotions, job security.
- Salary - Good
+3 more
Dislikes
Immense sales pressure. Biasness towards some specific resources.
- Work satisfaction - Poor
Merchant Relationship Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Merchant Relationship Manager
4 -
13
years
exp.
| ₹2.5 L/yr - ₹11 L/yr |
New Delhi
Merchant Relationship Manager
6 -
11
years
exp.
| ₹5 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Chennai
Merchant Relationship Manager
4 -
13
years
exp.
| ₹3 L/yr - ₹10.5 L/yr |
Bangalore / Bengaluru
Merchant Relationship Manager
4 -
11
years
exp.
| ₹3.3 L/yr - ₹9.3 L/yr |
Pune
Merchant Relationship Manager
4 -
9
years
exp.
| ₹8.4 L/yr - ₹12.5 L/yr |
View More
Merchant Relationship Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services Merchant Relationship Manager
4 -
13
years
exp.
| ₹3 L/yr - ₹11 L/yr |
Banking Merchant Relationship Manager
6 -
13
years
exp.
| ₹5.3 L/yr - ₹11 L/yr |
Login to view exact salary
| |
NBFC Merchant Relationship Manager
7 -
13
years
exp.
| ₹5.5 L/yr - ₹11 L/yr |
Media & Entertainment / Publishing Merchant Relationship Manager
7 -
13
years
exp.
| ₹5.5 L/yr - ₹11 L/yr |
Insurance Merchant Relationship Manager
7 -
13
years
exp.
| ₹5.8 L/yr - ₹11 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 ₹3.0 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 130 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 - ₹8.6 Lakhs per year
- Yes 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 ₹3.0 Lakhs per year (₹25.0k 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 ₹11.5 Lakhs per year (₹95.8k 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?
- Pune - ₹8.4 Lakhs to 14.0 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 11.0 Lakhs per year
- New Delhi - ₹2.2 Lakhs to 11.5 Lakhs per year
- Chennai - ₹2.2 Lakhs to 11.5 Lakhs per year
- Bangalore / Bengaluru - ₹3.1 Lakhs to 9.3 Lakhs per year
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