Axis Bank Mumbai Retention Manager Salaries by 3 Employees (Updated 2025)

1 - 6 years exp.

₹4.2 Lakhs - ₹5.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Retention Manager Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Retention Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.7 L/yr
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Customer Success, Service & Operations Retention Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.8 L/yr

Last Updated: 25 Feb 2025

Companies similar to Axis Bank for Retention Manager in Mumbai

Axis Bank Retention Manager Salary

1 - 6 years exp. (3 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Retention Manager Salary 6 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹4.9 L/yr 6% less	1 job opening
ICICI Lombard General Insurance Company Retention Manager Salary 1 - 9 years exp. (7 salaries)	₹1.8 L/yr - ₹5.1 L/yr 32% less
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Mahindra Holidays & Resorts Retention Manager Salary 5 - 11 years exp. (6 salaries)	₹5 L/yr - ₹7 L/yr 23% more
Vodafone Idea Retention Manager Salary 7 - 13 years exp. (3 salaries)	₹8.6 L/yr - ₹18.2 L/yr 112% more

Retention Manager salary at Axis Bank ranges between ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Retention Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr

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Salary related reviews for Axis Bank

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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How the salary growth look like for a Retention Manager at Axis Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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Axis Bank Retention Manager Salaries in Mumbai

Axis Bank Retention Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Axis Bank latest salaries received from various employees of Axis Bank.