HDB Financial Services Mumbai Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 9 years exp.

₹1.7 Lakh - ₹4.6 Lakhs

Salary of majority employees

42% less than the average Relationship Manager Salary in NBFC Companies for 0 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 5 years exp. (50 salaries)	₹1.8 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 0 - 6 years exp. (33 salaries)	₹1.8 L/yr - ₹4.4 L/yr
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Finance & Accounting Relationship Manager Salary 0 - 9 years exp. (29 salaries)	₹2 L/yr - ₹4 L/yr
Sales & Business Development Relationship Manager Salary 0 - 8 years exp. (23 salaries)	₹2.4 L/yr - ₹4.4 L/yr
Marketing & Communication Relationship Manager Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr

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Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Relationship Manager in Mumbai

HDB Financial Services Relationship Manager Salary

0 - 9 years exp. (193 salaries)

₹1.7 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3.5 L/yr - ₹12.1 L/yr 168% more	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (823 salaries)	₹2.4 L/yr - ₹13 L/yr 140% more	24 job openings
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (195 salaries)	₹2.8 L/yr - ₹12.8 L/yr 148% more	7 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (459 salaries)	₹1.8 L/yr - ₹10.5 L/yr 97% more	6 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (158 salaries)	₹3.2 L/yr - ₹13.3 L/yr 164% more	9 job openings
Standard Chartered Relationship Manager Salary 1 - 12 years exp. (94 salaries)	₹4 L/yr - ₹15.3 L/yr 205% more
RBL Bank Relationship Manager Salary 0 - 10 years exp. (192 salaries)	₹2.2 L/yr - ₹7.5 L/yr 49% more	11 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (97 salaries)	₹2 L/yr - ₹10.7 L/yr 114% more	7 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (213 salaries)	₹3.5 L/yr - ₹13.2 L/yr 172% more	21 job openings
IIFL Finance Relationship Manager Salary 1 - 9 years exp. (124 salaries)	₹1.5 L/yr - ₹6 L/yr 8% more	3 job openings

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Relationship Manager salary at HDB Financial Services ranges between ₹1.7 Lakh to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 193 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Relationship Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (32 salaries)	₹2 L/yr - ₹3 L/yr
1 year (55 salaries)	₹1.7 L/yr - ₹3.8 L/yr
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2 years (28 salaries)	₹1.8 L/yr - ₹4.1 L/yr
3 years (33 salaries)	₹2 L/yr - ₹4.6 L/yr
4 years (22 salaries)	₹2.3 L/yr - ₹4.5 L/yr
5 years (7 salaries)	₹2.8 L/yr - ₹4.3 L/yr
6 years (7 salaries)	₹2 L/yr - ₹4.4 L/yr
7 years (4 salaries)	₹1.3 L/yr - ₹3.7 L/yr
8 years (4 salaries)	₹3 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr

View all

From

Relationship Manager

₹

Lakhs/yr

0 - 9 years exp.

Zonal Manager

₹

Lakhs/yr

14 - 23 years exp.

Relationship Manager 0 - 9 years exp.

Senior Sales Manager 0 - 15 years exp.

44% hike

Branch Sales Manager 5 - 12 years exp.

5% hike

From

4 more levels

Relationship Manager

0 - 9 years exp.

Zonal Business Manager

11 - 19 years exp.

View 1 more career path

Similar Designation salaries in HDB Financial Services

Relationship Officer Salary

(95 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Sales Manager Salary

(87 salaries)

₹1.85 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(45 salaries)

₹4 L/yr - ₹9.1 L/yr

Area Sales Manager Salary

(18 salaries)

₹7.3 L/yr - ₹15.72 L/yr

Territory Manager Salary

(14 salaries)

₹4 L/yr - ₹9.61 L/yr

Area Manager Salary

(9 salaries)

₹7 L/yr - ₹13.5 L/yr

Branch Sales Manager Salary

(5 salaries)

₹3.4 L/yr - ₹5.5 L/yr

Top skills at HDB Financial Services for Relationship Manager

Sales Banking Cross Selling Credit Underwriting Two Wheeler Loan Outbound Calling Commercial Vehicle Loans Auto Loans Car Loan Auto Loans Vehicle Finance HNI Client Handling Business Loan Commercial Vehicle Loans Relationship

Salary related reviews for HDB Financial Services

3.9

Rated by 41 employees for salary & benefits

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

Relationship Manager in Bhubaneswar

Full Time

Finance & Accounting Department

4.0

• posted on 17 Feb 2025

4.0

for Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

Salary - Good

+6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 30 Jul 2022

5.0

for Salary and Benefits

Likes

I am working as a relationship manager for HDFC Bank under HDB payroll. Only good thing is every month we get salary on time.

Salary - Excellent

+1 more

Dislikes

TM behaviour is very poor. And training is not done properly. That's why we are not clear about everything. And working time is 09:00 am to 06:30 pm

Skill development - Bad

+3 more

Relationship Manager in Asansol

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 Jun 2022

1.0

for Salary and Benefits

Likes

...y going to kick you out unless you follow policies. Cons: Rest all are Cons e.g. Lesser salary,No TA,Poor incentive structure.Work Life balance is worst. Above mentioned review Is for Lending verticals Only.

Skill development - Excellent

+2 more

Dislikes

Mentioned

Salary - Bad

+3 more

Relationship Manager in Gillander House, Kolkata - 700001

Full Time

Finance & Accounting Department

1.0

• posted on 07 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...llander house is very bad. Sales Managers have no Manner to talk with employees. Salary issue is also there in this organisation.

Salary - Bad

+6 more

see more salary related reviews

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDB Financial Services Mumbai?

Relationship Manager salary at HDB Financial Services in Mumbai ranges between ₹1.7 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 42% less than the average Relationship Manager Salary in India. Salary estimates are based on 193 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Relationship Manager at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Relationship Manager at HDB Financial Services is 42% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at HDB Financial Services?

Sales, Banking, Cross Selling, Credit Underwriting and Two Wheeler Loan are some of the popular skills required to work as a Relationship Manager at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Relationship Manager in Mumbai?

Tata Capital Relationship Manager Salary - ₹4.4 Lakhs to ₹17.1 Lakhs per year
Standard Chartered Relationship Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
Yes Bank Relationship Manager Salary - ₹3.2 Lakhs to ₹13.3 Lakhs per year

What is the salary of a Relationship Manager in companies similar to HDB Financial Services in Mumbai?

Axis Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹12.8 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹13.0 Lakhs per year
L&T Finance Relationship Manager Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹10.7 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹1.8 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Relationship Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Relationship Manager at HDB Financial Services ranges between ₹21,999 per month to ₹23,483 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Relationship Manager salary in India which ranges between ₹1.7 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at HDB Financial Services in Mumbai?

According to AmbitionBox, 65% of the HDB Financial Services Relationship Managers in Mumbai reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 80 responses on AmbitionBox in last 2 years.

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HDB Financial Services Relationship Manager Salaries in Mumbai

HDB Financial Services Relationship Manager salary in Mumbai ranges between ₹1.7 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 193 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to HDB Financial Services for Relationship Manager in Mumbai

Latest annual salaries shared by HDB Financial Services Relationship Manager in Mumbai

Experience wise HDB Financial Services Relationship Manager salaries in Mumbai

Similar Designation salaries in HDB Financial Services

Top skills at HDB Financial Services for Relationship Manager

Salary related reviews for HDB Financial Services

Relationship Manager in New Delhi

Relationship Manager in Bhubaneswar

Relationship Manager in Kolkata

Relationship Manager in Asansol

Relationship Manager in Gillander House, Kolkata - 700001

HDB Financial Services Relationship Manager Salary FAQs

Tell us how to improve this page.