VRM
Annual salary range
₹1.8 Lakh - ₹5 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 byVRM Salary in Mumbai (Updated 2025)
based on 101
latest salaries
• updated:
21 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
VRM Salary in Mumbai ranges between ₹1.8 Lakh to ₹5 Lakhs for less than 1 year of experience to 6 years of experience. Salary estimates are based on 101 latest salaries received from VRM.
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
ICICI Prudential Mutual Fund VRM Salary
3 years exp |  | |
HDFC Bank VRM Salary
3 years exp | | |
 VRM Salary
3 years exp | | |
 VRM Salary
3 years exp | | |
 VRM Salary
3 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹2.1 L/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
Latest annual salaries shared by VRMs
3d ago
Tata AIA Life Insurance
VRM
1 year exp.
4d ago
Kotak Mahindra Bank
VRM
3 years exp.
6d ago
Aditya Birla Capital
VRM
2 years exp.
1w ago
Bajaj Capital
VRM
2 years exp.
1w ago
Aditya Birla Capital
VRM
3 years exp.
2w ago
HDFC Asset Management Company
VRM
5 years exp.
2w ago
Aditya Birla Capital
VRM
3 years exp.
2w ago
Aditya Birla Sun Life Insurance
VRM
2 years exp.
2w ago
Nuvama Wealth and Investment
VRM
4 years exp.
3w ago
HDFC Bank
VRM
4 years exp.
View all latest salaries
VRM salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(13
salaries)
| ₹1.8 L/yr - ₹5 L/yr |
1
year
(27
salaries)
| ₹1.6 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
2
years
(16
salaries)
| ₹2 L/yr - ₹5 L/yr |
3
years
(20
salaries)
| ₹2.5 L/yr - ₹4.7 L/yr |
4
years
(12
salaries)
| ₹3 L/yr - ₹5.8 L/yr |
View all salaries by experience
Salary related reviews by similar designations like VRM
HDFC Bank
VRM in Mumbai
• posted on 28 Oct 2023
Likes
time to time salary
- Skill development - Good
+1 more
Dislikes
they will make you work like mad dog but when they have to gave you incentives they will change incentives structure in every three month and after providing you incentive they ask you money back saying its wrong calculations we send you money by mistake even they after 1 quarter of incetive they provided in last quarter of calendee year still they miss calculated? and after releasing money they concal with higher authority and trained employees to do some chatu giri of channel head thank u for incentive 😂😂worst organization i have ever work with worst channel is hdfc bank mumbai midc andheri akruti business port
read more- Promotions - Poor
VRM Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Chennai
VRM
0 -
6
years
exp.
| ₹1.9 L/yr - ₹4 L/yr |
Bangalore / Bengaluru
VRM
0 -
5
years
exp.
| ₹1 L/yr - ₹4.1 L/yr |
Login to view exact salary
| |
New Delhi
VRM
0 -
4
years
exp.
| ₹1.5 L/yr - ₹4.3 L/yr |
Hyderabad / Secunderabad
VRM
0 -
5
years
exp.
| ₹2.5 L/yr - ₹5.5 L/yr |
Navi Mumbai
VRM
1 -
6
years
exp.
| ₹2 L/yr - ₹5 L/yr |
View More
VRM Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services VRM
0 -
6
years
exp.
| ₹1.9 L/yr - ₹5.5 L/yr |
Banking VRM
0 -
6
years
exp.
| ₹1.9 L/yr - ₹5.6 L/yr |
Login to view exact salary
| |
Insurance VRM
0 -
5
years
exp.
| ₹2 L/yr - ₹6.5 L/yr |
NBFC VRM
0 -
6
years
exp.
| ₹2 L/yr - ₹7 L/yr |
Media & Entertainment / Publishing VRM
0 -
6
years
exp.
| ₹2.1 L/yr - ₹7 L/yr |
View More
Frequently Asked Questions (FAQS) about VRM Salaries
What is the salary of a VRM in India?
The salary of a VRM in India varies based on experience, location, company & Industry.
On average, VRM salaries ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.8 Lakhs to ₹5.0 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹4.3 Lakhs per year. Salary estimates are based on 101 salaries received from various VRMs across industries.
The average starting salary is around ₹1.8 Lakhs to ₹5.0 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹4.3 Lakhs per year. Salary estimates are based on 101 salaries received from various VRMs across industries.
What are the top paying companies that employ VRMs?
VRM Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| ICICI Prudential Mutual Fund VRM Salary | ₹3 Lakhs to ₹4.3 Lakhs per year |
| HDFC Bank VRM Salary | ₹2.8 Lakhs to ₹5.2 Lakhs per year |
| Kotak Mahindra Bank VRM Salary | ₹3 Lakhs to ₹4 Lakhs per year |
| Axis Bank VRM Salary | ₹2.5 Lakhs to ₹4.5 Lakhs per year |
| Yes Bank VRM Salary | ₹2 Lakhs to ₹4 Lakhs per year |
What are the top paying cities for VRM in India?
The annual salary for VRM in India varies by location. Top paying cities for VRM are
Salary expectations for VRM may vary based on job roles, experience, and specific employer requirements.
| VRM Salary in Chennai | ₹1.9 Lakhs to ₹4.0 Lakhs per year |
| VRM Salary in Bangalore / Bengaluru | ₹1.0 Lakhs to ₹4.1 Lakhs per year |
| VRM Salary in New Delhi | ₹1.5 Lakhs to ₹4.3 Lakhs per year |
| VRM Salary in Hyderabad / Secunderabad | ₹2.5 Lakhs to ₹5.5 Lakhs per year |
| VRM Salary in Navi Mumbai | ₹2.0 Lakhs to ₹5.0 Lakhs per year |
What are the top paying industries for VRM in India?
Top 5 paying Industries for VRM in India are:
| VRM Salary in Financial Services | ₹1.9 Lakhs to ₹5.5 Lakhs per year |
| VRM Salary in Banking | ₹1.9 Lakhs to ₹5.6 Lakhs per year |
| VRM Salary in Insurance | ₹2.0 Lakhs to ₹6.5 Lakhs per year |
| VRM Salary in NBFC | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| VRM Salary in Media & Entertainment / Publishing | ₹2.1 Lakhs to ₹7.0 Lakhs per year |
What are the fresher salaries as VRM?
Fresher salaries for VRM in India typically range from ₹1.8 Lakhs to ₹5 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a VRM in India?
Experience significantly impacts a VRM salary in India. Salaries increase with experience, as VRM take on more complex tasks, responsibilities, and leadership roles.
VRM salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.8 Lakhs to ₹5.0 Lakhs per year |
| 1 year | ₹1.6 Lakhs to ₹4.5 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹5.0 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹4.7 Lakhs per year |
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