HDFC Securities Indore Relationship Manager Salaries by 30+ Employees

1 - 7 years exp.

₹2 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Relationship Manager Salary for 1 - 7 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 1 - 6 years exp. (11 salaries)	₹2.3 L/yr - ₹6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 1 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.4 L/yr
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Finance & Accounting Relationship Manager Salary 1 - 3 years exp. (5 salaries)	₹2.6 L/yr - ₹4.4 L/yr
Sales & Business Development Relationship Manager Salary 1 - 6 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr

Last Updated: 1 Oct 2024

Companies similar to HDFC Securities for Relationship Manager in Indore

HDFC Securities Relationship Manager Salary

1 - 7 years exp. (32 salaries)

₹2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 16 years exp. (618 salaries)	₹2.5 L/yr - ₹10.9 L/yr 77% more	3 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (234 salaries)	₹2.1 L/yr - ₹12 L/yr 80% more	68 job openings
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Altruist Technologies Relationship Manager Salary 0 - 4 years exp. (59 salaries)	₹1.1 L/yr - ₹4 L/yr 32% less
Home First Finance Company India Relationship Manager Salary 0 - 6 years exp. (57 salaries)	₹4 L/yr - ₹8.3 L/yr 61% more
Jana Small Finance Bank Relationship Manager Salary 0 - 11 years exp. (54 salaries)	₹2.1 L/yr - ₹5.4 L/yr 5% more	3 job openings

Relationship Manager salary at HDFC Securities ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 32 latest salaries received from various employees of HDFC Securities.

Latest annual salaries shared by HDFC Securities Relationship Manager in Indore

6mo ago

₹3.3 Lakhs

4 years exp.

7mo ago

₹6 Lakhs

6 years exp.

7mo ago

₹4.3 Lakhs

6 years exp.

9mo ago

₹6 Lakhs

5 years exp.

11mo ago

₹3.5 Lakhs

5 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

3 years exp.

1y ago

2 years exp.

1y ago

1 year exp.

Experience wise HDFC Securities Relationship Manager salaries in Indore

Last Updated: 1 Oct 2024

Experience	Avg Annual Salary
1 year (6 salaries)	₹2.3 L/yr - ₹3.3 L/yr
2 years (7 salaries)	₹2.9 L/yr - ₹3.5 L/yr
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3 years (4 salaries)	₹3 L/yr - ₹6.4 L/yr
4 years (7 salaries)	₹2 L/yr - ₹4.6 L/yr
5 years (3 salaries)	₹3 L/yr - ₹6 L/yr
6 years (4 salaries)	₹3.3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

From

Relationship Manager

1 - 7 years exp.

Branch Manager

4 - 19 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 Securities

Area Sales Manager Salary

(8 salaries)

₹3.3 L/yr - ₹6.07 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹8.5 L/yr

Branch Manager Salary

(4 salaries)

₹6.15 L/yr - ₹12 L/yr

Top skills at HDFC Securities for Relationship Manager

NISM Relationship Management Mutual Funds Equity Trading Insurance Cross Selling broking Stock Market Sales demat Capital Market Third Party Products stock broking Banking

Salary related reviews for HDFC Securities

2.1

Rated by 3 employees for salary & benefits

Relationship Manager in Panipat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 28 May 2023

1.0

for Salary and Benefits

Likes

Only job security if you have the potential to manage work load.

Dislikes

No fix job timings No salary hike Company only wants revenue No working culture They only wants revenue generated machine in the face of employee.

Salary - Bad

+5 more

Relationship Manager in Shillong

Full Time

Stock Market Department

2.0

• posted on 22 Apr 2023

4.0

for Salary and Benefits

Likes

Great brand! The only other thing I liked about working here is the salary being credited on time.

Salary - Good

Dislikes

Oh dear, downsides are uncountable. The work pressure is over the top. The salary being credited is totally unjustified to the nature of the work being done. Constant pressurizing leaves one unmotivated to the core and only to feel like leaving the organization altogether. Rubbing salt into the wound, where I work the 'politics' and 'favoritism' is unbearable - toxic working environment. On top of that, lack of appreciation for target accomplishment and frequent stealing of individual performance credit. I don't mean to be too harsh, but I'm simply describing the exact ground reality. Sugar coating is just not my cup of tea. Leaving everything aside, I would personally, never work here again (nor will recommend), even if I were to be requested or even bribed - just not worth putting your mental health in a jeopardy. The brand is GREAT without a shadow of doubt, but the management is, unfortunately, absolutely abysmal.

Skill development - Bad

+5 more

Relationship Manager in Mumbai

Finance & Accounting Department

1.0

• posted on 08 Jun 2022

1.0

for Salary and Benefits

Likes

Worst culture, pathetic experience, no work life balance, Not sure whether it is broking company or insurance company, each and every fresh day you will start selling insurance to clients, If you want experience in Insurance industries Please join or else stay away from this job

Dislikes

Job timing, compensation, No work life balance, Job role, Insurance selling,

Salary - Bad

+6 more

Relationship Manager in Shillong

Other Department

2.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Best part was salary on time.

Salary - Good

+1 more

Dislikes

Pathetic work culture, pressure on another level, worst team Leaders,favitism on its height, though it's a broking house but they more into insurance stuffs. Non-experience manager never head to help only comes with there own problems. There is a lot of politics. If this is the culture they keep on with the new joinees so i think career opportunities ain't much.

Promotions - Bad

+3 more

Relationship Manager in New Delhi

Stock Market Department

4.0

• posted on 07 Jun 2022

4.0

for Salary and Benefits

Likes

... learn in 6 months.. You will learn sales... Leave policy good.. Job security... Salary on time

Salary - Good

+3 more

Dislikes

Work life balance is not good... High target less salary

Work-life balance - Poor

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Securities Relationship Manager Salary FAQs

What is the salary of Relationship Manager at HDFC Securities in Indore?

The average salary of a Relationship Manager at HDFC Securities in Indore typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Relationship Manager in Indore at HDFC Securities earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Manager Salaries at HDFC Securities 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 30+ HDFC Securities employees in India.

What is the estimated take home salary of a Relationship Manager at HDFC Securities in Indore?

The estimated take-home salary of a Relationship Manager at HDFC Securities in Indore typically ranges from ₹27,813 to ₹29,209 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 30+ salaries received from various employees of HDFC Securities. 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 Securities in Indore?

To be a Relationship Manager at HDFC Securities in Indore, the key skills required include:

- NISM
- Relationship Management
- Mutual Funds
- Equity
- Trading

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

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

HDFC Bank	₹2.1 Lakhs to ₹12.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹10.9 Lakhs per year
Home First Finance Company India	₹4.0 Lakhs to ₹8.3 Lakhs per year
Jana Small Finance Bank	₹2.1 Lakhs to ₹5.4 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to HDFC Securities in Indore?

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

Altruist Technologies

₹1.1 Lakhs to ₹4.0 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 Securities in Indore?

The salary growth for a Relationship Manager at HDFC Securities in Indore depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Indore can expect the following growth trajectory at HDFC Securities:

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.0 Lakhs to ₹6.4 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.6 Lakhs per year

and so on.

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HDFC Securities Relationship Manager Salaries in Indore

HDFC Securities Relationship Manager salary in Indore ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 HDFC Securities latest salaries received from various employees of HDFC Securities.