Axis Bank Merchant Relationship Manager Salaries by 4 Employees (Updated 2025)

1 - 12 years exp.

₹2 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Merchant Relationship Manager Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Merchant Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Sales & Business Development Merchant Relationship Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 7 Aug 2024

Companies similar to Axis Bank for Merchant Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Merchant Relationship Manager Salary 5 - 14 years exp. (192 salaries)	₹3.7 L/yr - ₹11.7 L/yr 101% more
Kotak Mahindra Bank Merchant Relationship Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹7.5 L/yr 37% more
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Yes Bank Merchant Relationship Manager Salary 1 - 10 years exp. (12 salaries)	₹4.6 L/yr - ₹12.5 L/yr 116% more
Loylogic Merchant Relationship Manager Salary 4 - 15 years exp. (6 salaries)	₹8.8 L/yr - ₹14 L/yr 169% more
Mswipe Technologies Merchant Relationship Manager Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 35% less

Merchant Relationship Manager salary at Axis Bank ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Merchant Relationship Manager salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr

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Salary related reviews for Axis Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

Sales Officer in Kollam (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

I'm very disappointed with my experience at Axis Bank. The work culture feels overly pressurized, and I find the numerous account charges frustrating. It seems like there are fees for every little thing, which adds to my dissatisfaction. Overall, I do not appreciate the environment or the practices at Axis Bank.

Dislikes

... to such pressure, especially during peak login times. I hate this bank forever. I’ve been facing significant financial strain due to my salary being consistently low at 7,000 to 8,000 for the past 10 months. The bank has deducted amounts for parental insurance without proper communication, and this has caused me a lot of hardship.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Axis Bank Merchant Relationship Manager Salary FAQs

What is the salary of Merchant Relationship Manager at Axis Bank?

Merchant Relationship Manager salary at Axis Bank in India ranges between ₹2.0 Lakhs to ₹7.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 49% less than the average Merchant Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank India.

How does the salary of a Merchant Relationship Manager at Axis Bank India compare with the average salary range for this job?

The average salary of a Merchant Relationship Manager at Axis Bank is 49% less than the average salary of a Merchant Relationship Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Bank to a Merchant Relationship Manager in India?

Loylogic Merchant Relationship Manager Salary - ₹8.8 Lakhs to ₹14.0 Lakhs per year
Yes Bank Merchant Relationship Manager Salary - ₹4.6 Lakhs to ₹12.5 Lakhs per year
HDFC Bank Merchant Relationship Manager Salary - ₹3.7 Lakhs to ₹11.7 Lakhs per year
Kotak Mahindra Bank Merchant Relationship Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Merchant Relationship Manager in companies similar to Axis Bank in India?

Mswipe Technologies Merchant Relationship Manager Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Merchant Relationship Manager at Axis Bank in India?

The estimated take-home salary of a Merchant Relationship Manager at Axis Bank ranges between ₹29,209 per month to ₹30,585 per month in India. The take-home salary calculation is based on the average Axis Bank Merchant Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Merchant Relationship Manager at Axis Bank?

According to AmbitionBox, 100% of the Axis Bank Merchant Relationship Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Axis Bank Merchant Relationship Manager Salaries

Axis Bank Merchant Relationship Manager salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Bank latest salaries received from various employees of Axis Bank.