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HDFC Bank Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 15 years exp.
₹2.4 Lakhs - ₹13 Lakhs
Salary of majority employees
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40% more than the average Relationship Manager Salary in Banking Companies for 0 - 15 years of experience

Interested in this particular role? 66 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
0 - 15 years exp. (282 salaries)
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₹3 L/yr - ₹12.9 L/yr

Sales & Business Development
Relationship Manager Salary
0 - 14 years exp. (141 salaries)
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₹2.7 L/yr - ₹12.6 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
0 - 15 years exp. (118 salaries)
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₹2 L/yr - ₹11.2 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 10 years exp. (75 salaries)
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₹2.1 L/yr - ₹11.5 L/yr

Marketing & Communication
Relationship Manager Salary
0 - 9 years exp. (38 salaries)
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₹2.6 L/yr - ₹11.9 L/yr

Last Updated: 23 Mar 2025

Companies similar to HDFC Bank for Relationship Manager in Mumbai

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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (826 salaries)

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₹2.4 L/yr - ₹13 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Manager Salary

0 - 19 years exp. (1.9k salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 8% more
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Kotak Mahindra Bank Relationship Manager Salary

0 - 12 years exp. (460 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 19% less
5 job openings
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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (218 salaries)

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₹4 L/yr - ₹13.6 L/yr

arrow icon 19% more
137 job openings
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Axis Bank Relationship Manager Salary

0 - 15 years exp. (196 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 6% more
5 job openings
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RBL Bank Relationship Manager Salary

0 - 10 years exp. (191 salaries)

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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 38% less
7 job openings
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Yes Bank Relationship Manager Salary

0 - 13 years exp. (155 salaries)

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₹3.3 L/yr - ₹14.6 L/yr

arrow icon 10% more
12 job openings
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IDFC FIRST Bank Relationship Manager Salary

0 - 13 years exp. (101 salaries)

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₹2.7 L/yr - ₹12.3 L/yr

arrow icon 3% less
5 job openings
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₹1.3 L/yr - ₹6.3 L/yr

arrow icon 44% less
3 job openings
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State Bank of India Relationship Manager Salary

3 - 14 years exp. (25 salaries)

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₹3.5 L/yr - ₹11 L/yr

arrow icon 13% less
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Bandhan Bank Relationship Manager Salary

0 - 6 years exp. (16 salaries)

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₹1.9 L/yr - ₹6.9 L/yr

arrow icon 31% less
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₹3.2 L/yr - ₹8 L/yr

arrow icon 29% less
2 job openings
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IDBI Bank Relationship Manager Salary

1 - 10 years exp. (6 salaries)

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₹11.5 L/yr - ₹22 L/yr

arrow icon 88% more
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South Indian Bank Relationship Manager Salary

7 - 11 years exp. (5 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 92% more
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Federal Bank Relationship Manager Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹3.7 L/yr

arrow icon 56% less
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Mashreq Bank Relationship Manager Salary

4 - 11 years exp. (4 salaries)

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₹8 L/yr - ₹18 L/yr

arrow icon 90% more
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₹29.3 L/yr - ₹35 L/yr

arrow icon 351% more
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Karur Vysya Bank Relationship Manager Salary

1 - 10 years exp. (3 salaries)

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₹6 L/yr - ₹7.5 L/yr

arrow icon 14% less
1 job opening
Relationship Manager salary at HDFC Bank ranges between ₹2.4 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 826 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Relationship Manager in Mumbai

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Experience wise HDFC Bank Relationship Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
Fresher  (59 salaries)

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₹1.7 L/yr - ₹8.7 L/yr
1 year  (121 salaries)

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₹1.9 L/yr - ₹9 L/yr
2 years  (97 salaries)

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₹2 L/yr - ₹9.2 L/yr
3 years  (89 salaries)

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₹1.8 L/yr - ₹9 L/yr
4 years  (95 salaries)

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₹2.4 L/yr - ₹10.3 L/yr
View all
HDFC Bank Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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0 - 15 years exp.

Regional Head

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13 - 24 years exp.

Relationship Manager

0 - 15 years exp.
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Branch Manager

5 - 23 years exp.
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arrow icon 112% hike

Cluster Head

9 - 21 years exp.
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arrow icon 40% hike

From

To

Relationship Manager

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0 - 15 years exp.

Circle Head

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13 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10 L/yr
Sales Manager Salary
(563 salaries)
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₹3.5 L/yr - ₹13 L/yr
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₹3.11 L/yr - ₹12 L/yr
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₹1.2 L/yr - ₹4.75 L/yr
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₹9 L/yr - ₹24.25 L/yr
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₹5.3 L/yr - ₹12 L/yr
Area Manager Salary
(3 salaries)
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₹11 L/yr - ₹19.5 L/yr

Top skills at HDFC Bank for Relationship Manager

Relationship Management Sales Working Capital Working Capital Portfolio Management Relationship Management Business Banking Cross Selling Business Banking SME Sales Agri Finance SME Banking Wholesale Banking Retail Branch Banking Banking

Salary related reviews for HDFC Bank

3.0

Rated by 113 employees for salary & benefits

Sales & Business Development Department

2.0
  •  posted on 28 Nov 2018

3.0
 for  Salary and Benefits

Likes

Good compensation. That is all, nothing else.

Dislikes

Absolutely no work life balance. Your boss will expect you to turn up for a 9AM to 9AM shift every day. Unrealistic targets. Foolish internal credit policies. 0 regards for employees

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 08 Sep 2024

2.0
 for  Salary and Benefits

Likes

It is like to HDFC Bank because of good working environment, good ambition, poor management and good salary , benifits and HDFC Bank has also been certified as a Great Place to Work by a global authority on recognizing high-trust and performance cultures.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 08 Dec 2023

5.0
 for  Salary and Benefits

Likes

...edge about banking and most importantly the company provides you a job security. Even in the corona time they paid salary to there employees. You pay salary time to time. Also one good thing about the organization is you can get all the national holidays and all the sundays and saturdays (except first and third) are off. It is a good organization to work with.

read more
  • Salary - Excellent
  • +3 more

Dislikes

First and most importantly the sales pressure, which is too high, every single hour the team leaders ask for business numbers and because of that sometimes we feel frustrated and disappointed from life. If you handle the sales pressure and able to generate numbers then you can survive here.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 22 Aug 2023

1.0
 for  Salary and Benefits

Likes

Environment is good. Career growth is there. Skill development is there. Knowledge boost. Fixed off benefits.

  • Skill development - Excellent
  • +1 more

Dislikes

...t person can work here who is able to work in high pressure. No promotion there. Fixed salary. No increment. Strict timing jo tea break and any kind of breaks even luch break is only of 30 min.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary package and convenience benefits

  • Salary - Good

Dislikes

Don't choose HDFC whereas chose Right boss else your career will be spoil .... Before resigned please take all balance leaves because HDFC don't pay comoansation for the same.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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HDFC Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Bank in Mumbai?
The average salary of a Relationship Manager at HDFC Bank in Mumbai typically ranges from ₹2.4 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Relationship Manager in Mumbai at HDFC Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Relationship Manager Salaries at HDFC 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 800+ HDFC Bank employees in India.
What is the estimated take home salary of a Relationship Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Relationship Manager at HDFC Bank in Mumbai typically ranges from ₹55,049 to ₹56,426 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 15 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 800+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at HDFC Bank in Mumbai?
To be a Relationship Manager at HDFC Bank in Mumbai, the key skills required include:

  • - Relationship Management
  • - Sales
  • - Working Capital
  • - Working Capital
  • - Portfolio Management

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Relationship Manager in India?
HSBC Global Banking and Markets ₹29.3 Lakhs to ₹35.0 Lakhs per year
South Indian Bank ₹10.0 Lakhs to ₹20.0 Lakhs per year
Mashreq Bank ₹8.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹11.5 Lakhs to ₹22.0 Lakhs per year
IndusInd Bank ₹4.0 Lakhs to ₹13.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Relationship Manager in companies similar to HDFC Bank in Mumbai?
The salary of a Relationship Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹3.3 Lakhs to ₹14.6 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹11.4 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank ₹2.7 Lakhs to ₹12.3 Lakhs per year
State Bank of India ₹3.5 Lakhs to ₹11.0 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 HDFC Bank in Mumbai?
The salary growth for a Relationship Manager at HDFC Bank 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 HDFC Bank:

Experience Average Salary Range
Fresher ₹1.7 Lakhs to ₹8.7 Lakhs per year
1 year ₹1.9 Lakhs to ₹9.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹9.2 Lakhs per year
3 years ₹1.8 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Relationship Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 826 HDFC Bank latest salaries received from various employees of HDFC Bank.