HDFC Securities Indore Relationship Manager Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹2 Lakhs - ₹6 Lakhs

Salary of majority employees

33% less than the average Relationship Manager Salary for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 1 - 6 years exp. (12 salaries)	₹2.3 L/yr - ₹6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 1 - 7 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr
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Finance & Accounting Relationship Manager Salary 1 - 3 years exp. (5 salaries)	₹2.6 L/yr - ₹4.3 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. (34 salaries)

₹2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Relationship Manager Salary 0 - 5 years exp. (10 salaries)	₹3.2 L/yr - ₹4.7 L/yr 15% more
Kotak Securities Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹5 L/yr 2% more
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Axis Direct Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹5 L/yr 8% more
Angel One Relationship Manager Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹4 L/yr 26% less
Edelweiss Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.9 L/yr - ₹6 L/yr 24% more
Reliance Securities Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 17% less
IIFL Securities Relationship Manager Salary 0 - 10 years exp. (40 salaries)	₹1.6 L/yr - ₹4.5 L/yr 10% less

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 34 latest salaries received from various employees of HDFC Securities.

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 (8 salaries)	₹2.9 L/yr - ₹4 L/yr
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3 years (4 salaries)	₹3 L/yr - ₹6.3 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 (5 salaries)	₹3.3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.8 L/yr

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Similar Designation salaries in HDFC Securities

Area Sales Manager Salary

(8 salaries)

₹3.3 L/yr - ₹6.07 L/yr

Deputy Manager Salary

(3 salaries)

₹5 L/yr - ₹8.5 L/yr

Branch Manager Salary

(3 salaries)

₹6.55 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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HDFC Securities Relationship Manager Salary FAQs

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

Relationship Manager salary at HDFC Securities in Indore ranges between ₹2.0 Lakhs to ₹6.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 33% less than the average Relationship Manager Salary in India. Salary estimates are based on 34 latest salaries received from various employees of HDFC Securities Indore.

How does the salary of a Relationship Manager at HDFC Securities Indore compare with the average salary range for this job?

The average salary of a Relationship Manager at HDFC Securities is 33% less than the average salary of a Relationship Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at HDFC Securities?

NISM, Relationship Management, Mutual Funds, Equity and Trading are some of the popular skills required to work as a Relationship Manager at HDFC Securities Indore.

Which similar companies are paying more than HDFC Securities to a Relationship Manager in Indore?

Edelweiss Relationship Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
ICICI Securities Relationship Manager Salary - ₹3.2 Lakhs to ₹4.7 Lakhs per year
Axis Direct Relationship Manager Salary - ₹3.4 Lakhs to ₹5.0 Lakhs per year
Kotak Securities Relationship Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year

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

IIFL Securities Relationship Manager Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
Reliance Securities Relationship Manager Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Angel One Relationship Manager Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

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 ranges between ₹27,241 per month to ₹28,646 per month in Indore. The take-home salary calculation is based on the average HDFC Securities Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at HDFC Securities in Indore?

According to AmbitionBox, 67% of the HDFC Securities Relationship Managers in Indore reported a notice period of 2 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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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 34 HDFC Securities latest salaries received from various employees of HDFC Securities.