Axis Bank VRM Salaries by 20+ Employees (Updated 2025)

0 - 8 years exp.

₹1.6 Lakh - ₹5.3 Lakhs

Salary of majority employees

At par with the average VRM Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations VRM Salary 0 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹4.5 L/yr
Sales & Business Development VRM Salary 0 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹4.1 L/yr
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BFSI, Investments & Trading VRM Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.2 L/yr

Last Updated: 14 Feb 2025

Companies similar to Axis Bank for VRM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank VRM Salary 0 - 6 years exp. (47 salaries)	₹2 L/yr - ₹7 L/yr 6% more
Yes Bank VRM Salary 0 - 3 years exp. (24 salaries)	₹1.7 L/yr - ₹3.1 L/yr 32% less
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Kotak Mahindra Bank VRM Salary 0 - 3 years exp. (24 salaries)	₹2.5 L/yr - ₹4 L/yr 3% less
IDFC FIRST Bank VRM Salary 0 - 12 years exp. (11 salaries)	₹4.5 L/yr - ₹8.3 L/yr 80% more
IndusInd Bank VRM Salary 1 - 6 years exp. (10 salaries)	₹2 L/yr - ₹5 L/yr 3% less
RBL Bank VRM Salary 1 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 14% less
AU Small Finance Bank VRM Salary 4 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹5.6 L/yr At par

VRM salary at Axis Bank ranges between ₹1.6 Lakh to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 25 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank VRM salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr
1 year (3 salaries)	₹1.6 L/yr - ₹4.9 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr
3 years (8 salaries)	₹2.5 L/yr - ₹4.5 L/yr
4 years (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
6 years (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr

View all

Salary related reviews for Axis Bank

4.0

Rated by 2 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

Home Sales Officer in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 21 Jan 2025

5.0

for Salary and Benefits

Likes

Everything is very good, and Axis Bank is a brand with a very good name in the market.

Salary - Excellent

+6 more

Dislikes

There will have to be a little increment in the salary of the lower level employees, because there they are already from third party role, everything else is very good.

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 II in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2024

1.0

for Salary and Benefits

Likes

Worst

Dislikes

...s based on Bengaluru location takes the fee on 2.8 lakh.... And give the loan... After paying the fee that person automatically sticked on the bank... Then a arts torture... Account...life insurance... Health insurance.... Axis direct ( d mat account)... Loans... Mutual funds... Pention schemes... Fixed deposits.... Total sales.... And 11.30hrs working timings.... Every day every hr .. every mn... every sec pressure pressure..... In case wants do the resign.... But you pay the 2.8 lakh fee... That is bigg money in poor families.... How they face there family.... That is the bank plan

Salary - Bad

+6 more

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Axis Bank VRM Salary FAQs

What is the salary of VRM at Axis Bank ?

The average salary of a VRM at Axis Bank in India typically ranges from ₹1.6 Lakhs to ₹5.3 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of VRM at Axis Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. VRM Salaries at Axis Bank 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 20+ Axis Bank employees in India.

What is the estimated take home salary of a VRM at Axis Bank in India?

The estimated take-home salary of a VRM at Axis Bank in India typically ranges from ₹25,283 to ₹26,717 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from Fresher 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 20+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Bank for VRM in India?

IDFC FIRST Bank	₹4.5 Lakhs to ₹8.3 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹7.0 Lakhs per year
AU Small Finance Bank	₹2.4 Lakhs to ₹5.6 Lakhs per year

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

What is the salary of a VRM in companies similar to Axis Bank in India?

The salary of a VRM at companies similar to Axis Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹2.5 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank	₹2.0 Lakhs to ₹5.0 Lakhs per year
RBL Bank	₹2.3 Lakhs to ₹3.5 Lakhs per year
Yes Bank	₹1.7 Lakhs to ₹3.1 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 VRM at Axis Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹2.9 Lakhs per year
1 year	₹1.6 Lakhs to ₹4.9 Lakhs per year
2 years	₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Axis Bank VRM Salaries

Axis Bank VRM salary in India ranges between ₹1.6 Lakh to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Axis Bank latest salaries received from various employees of Axis Bank.