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HDFC Bank

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3.9

based on 37.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Merchant Relationship Officer salaries in India

Annual salary range
0 - 10 years exp.
₹2.2 Lakhs - ₹5.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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43% more than the average Merchant Relationship Officer Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Merchant Relationship Officer Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹9.2 L/yr

Merchandising, Retail & eCommerce
Merchant Relationship Officer Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4.6 L/yr

Last Updated: 18 Jul 2024

Companies similar to HDFC Bank for Merchant Relationship Officer

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3.6 L/yr

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₹2.8 L/yr - ₹3.3 L/yr

arrow icon 24% less
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₹2 L/yr - ₹4 L/yr

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₹3 L/yr - ₹3.3 L/yr

arrow icon 24% less
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Mehin Merchant Relationship Officer Salary

0 - 5 years exp. (3 salaries)

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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 39% less
Merchant Relationship Officer salary at HDFC Bank ranges between ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Merchant Relationship Officer

5mo ago
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1 year exp.
6mo ago
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5 months exp.
1y ago
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10 years exp.
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9 years exp.

Experience wise HDFC Bank Merchant Relationship Officer salaries

Last Updated: 18 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.7 L/yr
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in HDFC Bank

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₹0.95 L/yr - ₹6 L/yr
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₹2.4 L/yr - ₹12.5 L/yr
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₹1.15 L/yr - ₹4.5 L/yr
Sales Officer Salary
(5.1k salaries)
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₹1 L/yr - ₹5 L/yr
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₹1.75 L/yr - ₹6.5 L/yr
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₹7.43 L/yr - ₹25 L/yr
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₹5 L/yr - ₹10.83 L/yr
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₹3 L/yr - ₹10 L/yr
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₹5 L/yr - ₹15.5 L/yr
Branch Manager Salary
(1.6k salaries)
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₹6.5 L/yr - ₹23 L/yr

Salary related reviews for HDFC Bank

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Sep 2024

3.0
 for  Salary and Benefits

Likes

Salary Improvement required, old & new employee salary pakage are different of same post. Old employees got low package & new appointy get higher pakage of salary.

read more

Dislikes

Salary & Position growth is not available in organization, it is same here at other corporate.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

read more

Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 Jun 2024

1.0
 for  Salary and Benefits

Likes

Salary credited on 25th or before

Dislikes

Worst work culture now, poor increment worst in the industry, appraisal system worst, no promotion, contest money never given, out of kra work, no knowledge of upper management, finishing verticals serially

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HDFC Bank Merchant Relationship Officer Salary FAQs

What is the salary of Merchant Relationship Officer at HDFC Bank?
Merchant Relationship Officer salary at HDFC Bank in India ranges between ₹2.2 Lakhs to ₹5.6 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 43% more than the average Merchant Relationship Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank India.
How does the salary of a Merchant Relationship Officer at HDFC Bank India compare with the average salary range for this job?
The average salary of a Merchant Relationship Officer at HDFC Bank is 43% more than the average salary of a Merchant Relationship Officer in India. To know exact salary insights, login to view.
What is the salary of a Merchant Relationship Officer in companies similar to HDFC Bank in India?
  • Angularity Analytics Merchant Relationship Officer Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year
  • Yes Bank Merchant Relationship Officer Salary - ₹2.8 Lakhs to ₹3.3 Lakhs per year
  • HDB Financial Services Merchant Relationship Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • IndusInd Bank Merchant Relationship Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
  • Mehin Merchant Relationship Officer Salary - ₹2.4 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Merchant Relationship Officer at HDFC Bank in India?
The estimated take-home salary of a Merchant Relationship Officer at HDFC Bank ranges between ₹30,219 per month to ₹31,530 per month in India. The take-home salary calculation is based on the average HDFC Bank Merchant Relationship Officer salary in India which ranges between ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Merchant Relationship Officer at HDFC Bank?
According to AmbitionBox, 60% of the HDFC Bank Merchant Relationship Officers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Merchant Relationship Officer salary in India ranges between ₹2.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.