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.
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Filter salaries byMerchant Relationship Manager Salary in NBFC in India (Updated 2025)
based on 97
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 |
|---|---|
4
years
(1
salaries)
|  ₹2.5 L/yr - ₹2.5 L/yr |
5
years
(1
salaries)
| ₹0.2 L/yr - ₹0.2 L/yr |
Login to view exact salary
| |
7
years
(14
salaries)
| ₹4.9 L/yr - ₹9.2 L/yr |
8
years
(25
salaries)
| ₹6 L/yr - ₹10.3 L/yr |
9
years
(15
salaries)
| ₹6.5 L/yr - ₹11 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
97 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 |
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| |
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 | |
Login to view exact salary
| ||
4 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹1.2 L/yr - ₹1.5 L/yr | |
Similar Designation Salaries for Merchant Relationship Manager
| Designations | Avg Annual Salary |
|---|---|
Relationship Manager Salary
1 -
8
years
exp.
(11.6k salaries)
| ₹2.2 L/yr - ₹8.5 L/yr |
Area Sales Manager Salary
4 -
16
years
exp.
(3.4k salaries)
| ₹4.5 L/yr - ₹16.1 L/yr |
Login to view exact salary
| |
Assistant Sales Manager Salary
2 -
13
years
exp.
(873 salaries)
| ₹2.3 L/yr - ₹5.5 L/yr |
Regional Manager Salary
6 -
21
years
exp.
(1k salaries)
| ₹5.2 L/yr - ₹30 L/yr |
Area Business Manager Salary
5 -
16
years
exp.
(727 salaries)
| ₹4 L/yr - ₹12.5 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
Area Sales Manager
• posted on 15 Jan 2025
Likes
Strong market presence with strong process ,policy , compliance and excellent infrastructure.
- Skill development - Good
+2 more
Dislikes
Low Salary payment master , HR have less control , low annual increment in salary.
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
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
| |
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 |
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 97 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 - ₹2.5 Lakhs to 11.5 Lakhs per year
- Thiruvananthapuram - ₹5.8 Lakhs to 9.5 Lakhs per year
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