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HDFC Bank Merchant Relationship Manager salaries in India (Updated 2025)

Annual salary range
7 - 14 years exp.
₹4 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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At par with the average Merchant Relationship Manager Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

Sales & Business Development
Merchant Relationship Manager Salary
7 - 14 years exp. (67 salaries)
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₹4.9 L/yr - ₹11.5 L/yr

BFSI, Investments & Trading
Merchant Relationship Manager Salary
7 - 12 years exp. (14 salaries)
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₹5.5 L/yr - ₹9.9 L/yr

Merchandising, Retail & eCommerce
Merchant Relationship Manager Salary
7 - 12 years exp. (3 salaries)
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₹6.3 L/yr - ₹9.5 L/yr

Customer Success, Service & Operations
Merchant Relationship Manager Salary
8 - 13 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹10.2 L/yr

Last Updated: 11 Feb 2025

Companies similar to HDFC Bank for Merchant Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹7 L/yr

arrow icon 54% less
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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 37% less
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Yes Bank Merchant Relationship Manager Salary

1 - 10 years exp. (12 salaries)

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₹4.6 L/yr - ₹12.5 L/yr

At par
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Loylogic Merchant Relationship Manager Salary

4 - 15 years exp. (6 salaries)

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₹8.8 L/yr - ₹14 L/yr

arrow icon 24% more
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 70% less

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Merchant Relationship Manager salary at HDFC Bank ranges between ₹4 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 105 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Merchant Relationship Manager

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13 years exp.
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13 years exp.
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10 years exp.
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13 years exp.
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12 years exp.
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7 years exp.
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12 years exp.
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9 years exp.
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10 years exp.
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14 years exp.

Experience wise HDFC Bank Merchant Relationship Manager salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
7 years  (16 salaries)

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₹4 L/yr - ₹9.8 L/yr
8 years  (27 salaries)

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₹5.5 L/yr - ₹10.5 L/yr
9 years  (16 salaries)

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₹5.5 L/yr - ₹11 L/yr
10 years  (17 salaries)

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₹7 L/yr - ₹11.3 L/yr
11 years  (13 salaries)

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₹6.5 L/yr - ₹11.3 L/yr
View all
HDFC Bank Merchant Relationship Manager Salary and Career Growth

From

To

Merchant Relationship Manager

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7 - 14 years exp.

Deputy Vice President

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10 - 25 years exp.

Merchant Relationship Manager 7 - 14 years exp.
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Senior Manager 3 - 21 years exp.
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arrow icon 80% hike
Assistant Vice President 6 - 24 years exp.
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arrow icon 60% hike

View more

Similar Designation salaries in HDFC Bank

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₹2.04 L/yr - ₹12.5 L/yr
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₹8 L/yr - ₹22.62 L/yr
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₹1.75 L/yr - ₹5.25 L/yr
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₹6.88 L/yr - ₹23.92 L/yr
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₹3.8 L/yr - ₹9 L/yr
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₹5 L/yr - ₹18 L/yr
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₹5 L/yr - ₹16.5 L/yr
Branch Manager Salary
(1.6k salaries)
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₹6.5 L/yr - ₹23 L/yr
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₹10.42 L/yr - ₹19.18 L/yr
Area Manager Salary
(84 salaries)
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₹4.65 L/yr - ₹19.65 L/yr

Top skills at HDFC Bank for Merchant Relationship Manager

Merchant Services Relationship Management Sales

Salary related reviews for HDFC Bank

3.7

Rated by 39 employees for salary & benefits

merchant acquiring Department

2.0
  •  posted on 23 Nov 2017

2.0
 for  Salary and Benefits

Likes

it is a good learning place, it helps you to become multi tasker.

Dislikes

...errible, they even dont allow you to do internal job postings. lack of training. poor compensation. direction for senior management changes daily or rather hourly. it is like living in digital world and working in a company which lacks technology.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 09 Feb 2025

2.0
 for  Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

  • Skill development - Good
  • +1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

read more
  • Job security - Good
  • +1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 06 Feb 2025

5.0
 for  Salary and Benefits

Likes

strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

read more
  • Salary - Excellent
  • +6 more

Dislikes

SALARY ISSUE

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Jan 2025

4.0
 for  Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

read more
  • Salary - Good
  • +6 more

Dislikes

Some challenges include high work pressure,

see more salary related reviews

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HDFC Bank Merchant Relationship Manager Salary FAQs

What is the salary of Merchant Relationship Manager at HDFC Bank?
Merchant Relationship Manager salary at HDFC Bank in India ranges between ₹4.0 Lakhs to ₹11.5 Lakhs for experience between 7 years to 14 years. According to our estimates it is 3% more than the average Merchant Relationship Manager Salary in India. Salary estimates are based on 105 latest salaries received from various employees of HDFC Bank India.
How does the salary of a Merchant Relationship Manager at HDFC Bank India compare with the average salary range for this job?
The average salary of a Merchant Relationship Manager at HDFC Bank is 3% more than the average salary of a Merchant Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Merchant Relationship Manager at HDFC Bank?
Merchant Services, Relationship Management and Sales are some of the popular skills required to work as a Merchant Relationship Manager at HDFC Bank India.
Which similar companies are paying more than HDFC Bank to a Merchant Relationship Manager in India?
  • Loylogic Merchant Relationship Manager Salary - ₹8.8 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Merchant Relationship Manager in companies similar to HDFC Bank in India?
  • Yes Bank Merchant Relationship Manager Salary - ₹4.6 Lakhs to ₹12.5 Lakhs per year
  • Kotak Mahindra Bank Merchant Relationship Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
  • Axis Bank Merchant Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
  • 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 HDFC Bank in India?
The estimated take-home salary of a Merchant Relationship Manager at HDFC Bank ranges between ₹62,770 per month to ₹64,365 per month in India. The take-home salary calculation is based on the average HDFC Bank Merchant Relationship Manager salary in India which ranges between ₹4.0 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Merchant Relationship Manager at HDFC Bank?
According to AmbitionBox, 58% of the HDFC Bank Merchant Relationship Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 118 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Merchant Relationship Manager salary in India ranges between ₹4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 105 HDFC Bank latest salaries received from various employees of HDFC Bank.