HDFC Sales Mumbai Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹1.5 Lakh - ₹6 Lakhs

Salary of majority employees

35% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 10 years exp. (53 salaries)	₹2 L/yr - ₹6 L/yr
Finance & Accounting Relationship Manager Salary 0 - 9 years exp. (18 salaries)	₹1.5 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 0 - 9 years exp. (16 salaries)	₹2 L/yr - ₹5 L/yr
Customer Success, Service & Operations Relationship Manager Salary 2 - 10 years exp. (10 salaries)	₹2.4 L/yr - ₹4.8 L/yr
Marketing & Communication Relationship Manager Salary 3 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹5 L/yr

Last Updated: 22 Mar 2025

Companies similar to HDFC Sales for Relationship Manager in Mumbai

HDFC Sales Relationship Manager Salary

0 - 10 years exp. (111 salaries)

₹1.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (303 salaries)	₹1.6 L/yr - ₹5.9 L/yr 6% more	9 job openings
American Express Relationship Manager Salary 2 - 11 years exp. (53 salaries)	₹3 L/yr - ₹12.5 L/yr 122% more
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Citicorp Relationship Manager Salary 4 - 10 years exp. (41 salaries)	₹4.9 L/yr - ₹18.5 L/yr 253% more
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (30 salaries)	₹3 L/yr - ₹9.8 L/yr 48% more
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 4% more	1 job opening
HSBC Group Relationship Manager Salary 1 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr 75% more	3 job openings
Bajaj Finserv Relationship Manager Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹3.4 L/yr 13% less
Marsh McLennan Relationship Manager Salary 3 - 5 years exp. (4 salaries)	₹8 L/yr - ₹11 L/yr 193% more
BNP Paribas Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹11 L/yr - ₹43 L/yr 610% more
RBL FinServe Relationship Manager Salary 1 - 3 years exp. (3 salaries)	₹3.4 L/yr - ₹4.8 L/yr 20% more

Relationship Manager salary at HDFC Sales ranges between ₹1.5 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 111 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Relationship Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (22 salaries)	₹1.5 L/yr - ₹3.6 L/yr
1 year (10 salaries)	₹2 L/yr - ₹4.1 L/yr
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2 years (20 salaries)	₹2 L/yr - ₹5 L/yr
3 years (13 salaries)	₹2.5 L/yr - ₹5 L/yr
4 years (13 salaries)	₹2.4 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹2.5 L/yr - ₹4.7 L/yr
6 years (9 salaries)	₹2.2 L/yr - ₹6 L/yr
7 years (7 salaries)	₹3.1 L/yr - ₹5 L/yr
8 years (6 salaries)	₹2.6 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

View all

From

Relationship Manager

₹

Lakhs/yr

0 - 10 years exp.

Territory Manager

₹

Lakhs/yr

10 - 17 years exp.

Relationship Manager

0 - 10 years exp.

Deputy Manager

3 - 13 years exp.

65% hike

Area Manager

6 - 16 years exp.

44% hike

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 Sales

Relationship Officer Salary

(75 salaries)

₹1.75 L/yr - ₹4 L/yr

Deputy Manager Salary

(67 salaries)

₹3 L/yr - ₹8.54 L/yr

Area Manager Salary

(11 salaries)

₹6.5 L/yr - ₹15 L/yr

Sales Manager Salary

(4 salaries)

₹2.45 L/yr - ₹8 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.5 L/yr - ₹9 L/yr

Top skills at HDFC Sales for Relationship Manager

Sales Home Loans Business Development Lap housing loan Field Sales Mortgage Loans Direct Sales HNI Client Handling Sales Executive Activities Relationship Management Communication Skills Insurance Sales RM Client Relationship Management

Salary related reviews for HDFC Sales

2.7

Rated by 23 employees for salary & benefits

Relationship Manager in Agra

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Its a great place to work with the perfect balance of work and personal life. Company culture is so different to the others is a positive way. Learning and development programmes are very good to improve your skills and knowledge to grow in this sector.

Skill development - Excellent

+4 more

Dislikes

salary and benefits are so low in this company and the promotions activity also not good.

Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

5.0

• posted on 06 May 2023

3.0

for Salary and Benefits

Likes

About work culture and working freedom

Job security - Excellent

+3 more

Dislikes

HR is not a discussion maker here. Managers only decision makers. Promotions, appraisal, salary hike everything we need to beg with them. They are helping only there well known people's.

Promotions - Poor

Relationship Manager in Nagpur

Full Time

Other Department

3.0

• posted on 04 Sep 2023

2.0

for Salary and Benefits

Likes

Salary on time, incentives are great

Job security - Excellent

Dislikes

Managers are not supportive to their subordinates. Manager does know how to behave professionally. Need to train them first. Irony is well qualified people work under such managers.

Salary - Poor

+4 more

Sales Officer in Eluru

Full Time

Sales & Business Development Department

3.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

Low work pressure comparing to other NBFCs, Salary on time

Company culture - Good

+1 more

Dislikes

BSA payouts very late, very low perks and benifits, company having only one computer to the entire branch. This company works for HDFC bank and bank employees don't respect the employees of hdfc sales company.

Salary - Bad

+2 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

- Timely salary - Incentives are very good

Skill development - Good

Dislikes

- They offer low salary - Unnecessary cross sell products - Management doesn't allow to work in your own style..they just force you to do how they want specially in kandivali branch

Job security - Bad

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Sales Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Sales in Mumbai?

The average salary of a Relationship Manager at HDFC Sales in Mumbai typically ranges from ₹1.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Relationship Manager in Mumbai at HDFC Sales earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Manager Salaries at HDFC Sales 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 100+ HDFC Sales employees in India.

What is the estimated take home salary of a Relationship Manager at HDFC Sales in Mumbai?

The estimated take-home salary of a Relationship Manager at HDFC Sales in Mumbai typically ranges from ₹25,157 to ₹26,593 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 100+ salaries received from various employees of HDFC Sales. 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 Sales in Mumbai?

To be a Relationship Manager at HDFC Sales in Mumbai, the key skills required include:

- Sales
- Home Loans
- Business Development
- Lap
- housing loan

These skills are highly valued at HDFC Sales and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Sales for Relationship Manager in India?

BNP Paribas	₹11.0 Lakhs to ₹43.0 Lakhs per year
Citicorp	₹4.9 Lakhs to ₹18.5 Lakhs per year
Marsh McLennan	₹8.0 Lakhs to ₹11.0 Lakhs per year
American Express	₹3.0 Lakhs to ₹12.5 Lakhs per year
HSBC Group	₹4.5 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to HDFC Sales in Mumbai?

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

Aditya Birla Capital	₹3.0 Lakhs to ₹9.8 Lakhs per year
RBL FinServe	₹3.4 Lakhs to ₹4.8 Lakhs per year
Motilal Oswal Financial Services	₹1.6 Lakhs to ₹5.9 Lakhs per year
Cholamandalam Investment & Finance	₹3.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Finserv	₹1.8 Lakhs to ₹3.4 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 Sales in Mumbai?

The salary growth for a Relationship Manager at HDFC Sales 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 Sales:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.6 Lakhs per year
1 year	₹2.0 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹5.0 Lakhs per year

and so on.

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HDFC Sales Relationship Manager Salaries in Mumbai

HDFC Sales Relationship Manager salary in Mumbai ranges between ₹1.5 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 111 HDFC Sales latest salaries received from various employees of HDFC Sales.

HDFC Sales Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to HDFC Sales for Relationship Manager in Mumbai

Latest annual salaries shared by HDFC Sales Relationship Manager in Mumbai

Experience wise HDFC Sales Relationship Manager salaries in Mumbai

Similar Designation salaries in HDFC Sales

Top skills at HDFC Sales for Relationship Manager

Salary related reviews for HDFC Sales

Relationship Manager in Agra

Relationship Manager in Bangalore / Bengaluru

Relationship Manager in Nagpur

Sales Officer in Eluru

Deputy Manager in Mumbai

HDFC Sales Relationship Manager Salary FAQs

Tell us how to improve this page.