Cholamandalam Securities Mumbai Relationship Manager Salaries by 5 Employees (Updated 2025)

1 - 6 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Relationship Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 1 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.3 L/yr
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Marketing & Communication Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 25 Feb 2025

Companies similar to Cholamandalam Securities for Relationship Manager in Mumbai

Cholamandalam Securities Relationship Manager Salary

1 - 6 years exp. (5 salaries)

₹2.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Homefin India Relationship Manager Salary 4 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 18% less
Globe Capital Market Relationship Manager Salary 3 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr 37% less	1 job opening
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ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3.1 L/yr - ₹11.5 L/yr 80% more
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (829 salaries)	₹2.4 L/yr - ₹12 L/yr 63% more	64 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 10 years exp. (459 salaries)	₹1.8 L/yr - ₹10 L/yr 34% more	5 job openings

Relationship Manager salary at Cholamandalam Securities ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Securities.

Experience wise Cholamandalam Securities Relationship Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Cholamandalam Securities

Branch Sales Manager Salary

(3 salaries)

₹5.12 L/yr - ₹6.1 L/yr

Salary related reviews for Cholamandalam Securities

4.2

Rated by 2 employees for salary & benefits

Vertical Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 25 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 100 employees in 1 month that too people who are performing employees included. Cost cutting it seems.

Salary - Bad

+6 more

Key Account Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing in this company for sure false management false people scamming and making fool out of employees ans coustomer.

Dislikes

Everything about this company as a management trainee they show you a diffrent picture but the ground reality is totally different management is abusive they you mother father as their regular language.

Salary - Bad

+6 more

Chief Manager in Kolkata

Full Time

Marketing & Communication Department

4.0

• posted on 06 Feb 2025

4.0

for Salary and Benefits

Likes

Office location and timing flexibility , upper level bosses are supportive.

Salary - Good

+1 more

Dislikes

RH in Kolkata are not perfect. Toxic leadership gone happen in Kolkata Retail Broking.. other wise PCG department is far Good then Retail. I should had joined in pcg

Skill development - Poor

+4 more

Branch Manager in Patna

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

I feel very much Gap between Employee and Employer.Threre are no Communication between Employee and Employer.

Salary - Excellent

+1 more

Dislikes

I am not Recommend anyone Join in this organisation specially in Chola Securities Ltd because no one will care your career always keep in dark .

Skill development - Bad

+4 more

Area Business Manager in Indore

Full Time

Sales & Business Development Department

1.0

• posted on 29 Jun 2023

3.0

for Salary and Benefits

Likes

Overall Chola Group is better but Cholamandalam Securities verticle is worst.

Dislikes

This verticle is worst, no body want to listen, they have no proper system, If any problem in Business Development & you will inform to senior authorities but there will no solution. Only Employees harrasment.

Skill development - Bad

+5 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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Cholamandalam Securities Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Cholamandalam Securities in Mumbai?

The average salary of a Relationship Manager at Cholamandalam Securities in Mumbai typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Relationship Manager in Mumbai at Cholamandalam Securities earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship Manager Salaries at Cholamandalam Securities 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 5 Cholamandalam Securities employees in India.

What is the estimated take home salary of a Relationship Manager at Cholamandalam Securities in Mumbai?

The estimated take-home salary of a Relationship Manager at Cholamandalam Securities in Mumbai typically ranges from ₹33,259 to ₹34,525 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 5 salaries received from various employees of Cholamandalam Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Securities for Relationship Manager in India?

ICICI Bank	₹3.1 Lakhs to ₹11.5 Lakhs per year
HDFC Bank	₹2.4 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank	₹1.8 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Cholamandalam Securities in Mumbai?

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

Muthoot Homefin India	₹3.0 Lakhs to ₹4.5 Lakhs per year
Globe Capital Market	₹2.6 Lakhs to ₹3.5 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 Cholamandalam Securities in Mumbai?

The salary growth for a Relationship Manager at Cholamandalam Securities 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 Cholamandalam Securities:

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹5.1 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Cholamandalam Securities Relationship Manager Salaries in Mumbai

Cholamandalam Securities Relationship Manager salary in Mumbai ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Securities latest salaries received from various employees of Cholamandalam Securities.