Aavas Financiers Mumbai Relationship Manager Salaries by 9 Employees (Updated 2025)

2 - 8 years exp.

₹2.8 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Relationship Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Relationship Manager Salary 2 - 8 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.9 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr
Finance & Accounting Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.7 L/yr

Last Updated: 17 Mar 2025

Companies similar to Aavas Financiers for Relationship Manager in Mumbai

Aavas Financiers Relationship Manager Salary

2 - 8 years exp. (9 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Relationship Manager Salary 0 - 9 years exp. (135 salaries)	₹0.6 L/yr - ₹6 L/yr 10% less	3 job openings
Kotak Mahindra Prime Relationship Manager Salary 1 - 11 years exp. (11 salaries)	₹2.4 L/yr - ₹6.7 L/yr 28% more
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L&T Finance Relationship Manager Salary 0 - 8 years exp. (11 salaries)	₹3 L/yr - ₹11 L/yr 84% more
Sammaan Capital Limited Relationship Manager Salary 1 - 8 years exp. (8 salaries)	₹2.2 L/yr - ₹4.5 L/yr 1% less	10 job openings
Poonawalla Fincorp Relationship Manager Salary 0 - 4 years exp. (6 salaries)	₹5 L/yr - ₹6 L/yr 62% more
Ugro Capital Relationship Manager Salary 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹8.5 L/yr 77% more
Indostar Capital Finance Relationship Manager Salary 2 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 16% less
Kogta Financial India Limited Relationship Manager Salary 0 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 2% less
Manappuram Finance Relationship Manager Salary 2 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹4.8 L/yr 3% more
PNB Housing Finance Relationship Manager Salary 1 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹6 L/yr 18% more
Tata Capital Housing Finance Relationship Manager Salary 6 - 7 years exp. (3 salaries)	₹2.6 L/yr - ₹4.5 L/yr 4% more
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Shriram Finance Relationship Manager Salary 4 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹5.3 L/yr 11% more

Relationship Manager salary at Aavas Financiers ranges between ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Relationship Manager salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in Aavas Financiers

Relationship Officer Salary

(9 salaries)

₹2 L/yr - ₹2.6 L/yr

Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹4.3 L/yr

Top skills at Aavas Financiers for Relationship Manager

Home Loans Lap Sales housing loan Mortgage Loans hl housing finance Loans Business Loan Financial Services Channel Sales Personal Loans Business Development FMCG Telecom

Salary related reviews for Aavas Financiers

4.5

Rated by 2 employees for salary & benefits

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Relationship Manager in Bhopal

Other Department

5.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Relationship Officer in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 06 Nov 2022

1.0

for Salary and Benefits

Likes

No likes.only dislike

Dislikes

...mers aur non performers sab same hai.koi fayda nahi hai jyada perform krne se...Sabse kam salary 10000 hai yahan aur 10000 me 50000 ka kaam karaate hai.aur incentive ka lalach dete hai bo bhi 90 din baad aata hai..... Mere hisaab se kisi bhi company me chale janaa but isme nahi....

Salary - Bad

+6 more

Relationship Officer in Jaipur

Full Time

Finance & Accounting Department

2.0

• posted on 21 Sep 2021

1.0

for Salary and Benefits

Likes

Almost are good in aavas family but company policies including ROI Senior staff are not help in Relationship officers And Business managers are not experienced and knowledgeable in my experienc...

Work satisfaction - Excellent

Dislikes

Salary is decent but career growth is very slow. And seniors are not support in this organisation....

Salary - Bad

+4 more

Relationship Officer in Chomu

Finance & Accounting Department

2.0

• posted on 01 Jun 2022

2.0

for Salary and Benefits

Likes

No work in aavas Financers because contest vouchers and incentives not give employee so don't Work in this company and very bed company

Dislikes

Already employees salary is very low than contest vouchers and incentives not give employee, And employees insurance Policy rupay Cut in salary this is very bed company and policy

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aavas Financiers Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Aavas Financiers in Mumbai?

The average salary of a Relationship Manager at Aavas Financiers in Mumbai typically ranges from ₹2.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Relationship Manager in Mumbai at Aavas Financiers earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Relationship Manager Salaries at Aavas Financiers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Aavas Financiers employees in India.

What is the estimated take home salary of a Relationship Manager at Aavas Financiers in Mumbai?

The estimated take-home salary of a Relationship Manager at Aavas Financiers in Mumbai typically ranges from ₹26,207 to ₹27,627 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager at Aavas Financiers in Mumbai?

To be a Relationship Manager at Aavas Financiers in Mumbai, the key skills required include:

- Home Loans
- Lap
- Sales
- housing loan
- Mortgage Loans

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Relationship Manager in India?

L&T Finance	₹3.0 Lakhs to ₹11.0 Lakhs per year
Ugro Capital	₹3.0 Lakhs to ₹8.5 Lakhs per year
Poonawalla Fincorp	₹5.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Prime	₹2.4 Lakhs to ₹6.7 Lakhs per year
PNB Housing Finance	₹3.2 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

What is the salary of a Relationship Manager in companies similar to Aavas Financiers in Mumbai?

The salary of a Relationship Manager at companies similar to Aavas Financiers in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹2.2 Lakhs to ₹5.3 Lakhs per year
Tata Capital Housing Finance	₹2.6 Lakhs to ₹4.5 Lakhs per year
Manappuram Finance	₹2.4 Lakhs to ₹4.8 Lakhs per year
Sammaan Capital Limited	₹2.2 Lakhs to ₹4.5 Lakhs per year
Kogta Financial India Limited	₹2.4 Lakhs to ₹3.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Manager at Aavas Financiers in Mumbai?

The salary growth for a Relationship Manager at Aavas Financiers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Mumbai can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Aavas Financiers Relationship Manager Salaries in Mumbai

Aavas Financiers Relationship Manager salary in Mumbai ranges between ₹2.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Aavas Financiers latest salaries received from various employees of Aavas Financiers .