Merchant Relationship Manager
Annual salary range
₹5.5 Lakhs - ₹11 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
AmbitionBox
Search
Reviews
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Filter salaries byMerchant Relationship Manager Salary in Media & Entertainment / Publishing in India (Updated 2025)
based on 98
latest salaries
• updated:
12 Feb 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 |
|---|---|
5
years
(1
salaries)
|  ₹3.1 L/yr - ₹3.1 L/yr |
7
years
(14
salaries)
| ₹4.9 L/yr - ₹9.2 L/yr |
Login to view exact salary
| |
8
years
(25
salaries)
| ₹6 L/yr - ₹10.3 L/yr |
9
years
(15
salaries)
| ₹6.5 L/yr - ₹11 L/yr |
10
years
(17
salaries)
| ₹7 L/yr - ₹9.7 L/yr |
View all salaries by experience
Merchant Relationship Manager Salary in
India ranges between ₹5.5
Lakhs to ₹11
Lakhs for
7 years of experience to 13 years of experience
. Salary estimates are based on
98 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
7 - 13
years
exp.
(60
salaries)
| ₹5.8 L/yr - ₹11 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Merchant Relationship Manager Salary
7 - 12
years
exp.
(14
salaries)
| ₹5.5 L/yr - ₹9.9 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 |
|---|---|---|
7 -
14
yrs
exp.
(105 salaries)
|
₹4 L/yr - ₹11.5 L/yr | |
10 yrs
exp.
(AmbitionBox Estimate)
|
₹8.1 L/yr - ₹10.4 L/yr | |
Login to view exact salary
| ||
5 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Similar Designation Salaries for Merchant Relationship Manager
| Designations | Avg Annual Salary |
|---|---|
Relationship Manager Salary
1 -
8
years
exp.
(4.9k salaries)
| ₹2.5 L/yr - ₹10 L/yr |
Area Sales Manager Salary
4 -
16
years
exp.
(1.2k salaries)
| ₹4 L/yr - ₹19 L/yr |
Login to view exact salary
| |
Regional Manager Salary
6 -
21
years
exp.
(418 salaries)
| ₹5.2 L/yr - ₹29.1 L/yr |
Assistant Sales Manager Salary
2 -
13
years
exp.
(420 salaries)
| ₹2.5 L/yr - ₹11.1 L/yr |
Area Business Manager Salary
5 -
16
years
exp.
(569 salaries)
| ₹4.1 L/yr - ₹14 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
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 more- Salary - Excellent
+4 more
Dislikes
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
- Salary - Good
+1 more
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 more- Job security - Bad
+2 more
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 In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Merchant Relationship Manager
4 -
13
years
exp.
| ₹4 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 |
Insurance
Merchant Relationship Manager
7 -
13
years
exp.
| ₹5.8 L/yr - ₹11 L/yr |
Internet
Merchant Relationship Manager
4 -
10
years
exp.
| ₹2.5 L/yr - ₹8.3 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 ₹5.5 Lakhs to ₹11.0 Lakhs per year. Salary estimates are based on 98 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 - ₹8.6 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 ₹5.5 Lakhs per year (₹45.8k per month). 7 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?
- Mumbai - ₹5.3 Lakhs to 11.0 Lakhs per year
- Bhopal - ₹6.0 Lakhs to 11.3 Lakhs per year
- New Delhi - ₹6.0 Lakhs to 11.5 Lakhs per year
- Chennai - ₹4.9 Lakhs to 11.5 Lakhs per year
- Thiruvananthapuram - ₹5.8 Lakhs to 9.5 Lakhs per year
Tell us how to improve this page.
- Home >
- Salaries >
- Merchant Relationship Manager Salary >
- Merchant Relationship Manager Salary in Media & Entertainment / Publishing Companies
Rate your company