HDFC Securities Mumbai Relationship Manager Salaries by 300+ Employees (Updated 2025)

1 - 7 years exp.

₹1.3 Lakh - ₹5.8 Lakhs

Salary of majority employees

31% less than the average Relationship Manager Salary for 1 - 7 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 1 - 6 years exp. (142 salaries)	₹1.5 L/yr - ₹5.3 L/yr
Finance & Accounting Relationship Manager Salary 1 - 7 years exp. (79 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 1 - 7 years exp. (43 salaries)	₹1.3 L/yr - ₹5.8 L/yr
Sales & Business Development Relationship Manager Salary 1 - 6 years exp. (30 salaries)	₹1.8 L/yr - ₹4.1 L/yr
Marketing & Communication Relationship Manager Salary 1 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹3.9 L/yr

Last Updated: 28 Feb 2025

Companies similar to HDFC Securities for Relationship Manager in Mumbai

HDFC Securities Relationship Manager Salary

1 - 7 years exp. (398 salaries)

₹1.3 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Relationship Manager Salary 0 - 7 years exp. (55 salaries)	₹2 L/yr - ₹6 L/yr 20% more
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (29 salaries)	₹1.6 L/yr - ₹4.5 L/yr 4% more
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Axis Direct Relationship Manager Salary 0 - 9 years exp. (16 salaries)	₹2.4 L/yr - ₹7.5 L/yr 19% more
Sharekhan Relationship Manager Salary 0 - 10 years exp. (100 salaries)	₹1.7 L/yr - ₹6.7 L/yr 3% more	2 job openings
Angel One Relationship Manager Salary 0 - 7 years exp. (78 salaries)	₹1.7 L/yr - ₹3.8 L/yr 25% less
Edelweiss Relationship Manager Salary 0 - 8 years exp. (51 salaries)	₹2.5 L/yr - ₹6 L/yr 26% more
Reliance Securities Relationship Manager Salary 1 - 8 years exp. (35 salaries)	₹2.4 L/yr - ₹4.8 L/yr 4% less
Karvy Stock Broking Relationship Manager Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 12% less
IIFL Securities Relationship Manager Salary 0 - 10 years exp. (124 salaries)	₹1.8 L/yr - ₹5.9 L/yr 7% less
Motilal Oswal Financial Services Relationship Manager Salary 0 - 7 years exp. (297 salaries)	₹1.8 L/yr - ₹5.9 L/yr 1% more	15 job openings
Quess Relationship Manager Salary 0 - 7 years exp. (6 salaries)	₹1.9 L/yr - ₹3.6 L/yr 22% less
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3i Infotech Relationship Manager Salary 10 - 12 years exp. (3 salaries)	₹5 L/yr - ₹5.8 L/yr 44% more

Relationship Manager salary at HDFC Securities ranges between ₹1.3 Lakh to ₹5.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 398 latest salaries received from various employees of HDFC Securities.

Experience wise HDFC Securities Relationship Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (149 salaries)	₹1.3 L/yr - ₹5 L/yr
2 years (105 salaries)	₹1.8 L/yr - ₹4.8 L/yr
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3 years (75 salaries)	₹2 L/yr - ₹4.4 L/yr
4 years (35 salaries)	₹1.3 L/yr - ₹5.8 L/yr
5 years (21 salaries)	₹2 L/yr - ₹5.2 L/yr
6 years (10 salaries)	₹2.6 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹3.6 L/yr - ₹7.8 L/yr

View all

From

Relationship Manager

1 - 7 years exp.

Branch Manager

₹

Lakhs/yr

4 - 18 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

Deputy Manager Salary

(91 salaries)

₹3.6 L/yr - ₹10 L/yr

Branch Manager Salary

(32 salaries)

₹5.47 L/yr - ₹13.07 L/yr

Area Sales Manager Salary

(16 salaries)

₹3.65 L/yr - ₹7.5 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

3.3

Rated by 41 employees for salary & benefits

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 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 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Securities Relationship Manager Salary FAQs

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

Relationship Manager salary at HDFC Securities in Mumbai ranges between ₹1.3 Lakhs to ₹5.8 Lakhs for experience between 1 years to 7 years. According to our estimates it is 31% less than the average Relationship Manager Salary in India. Salary estimates are based on 398 latest salaries received from various employees of HDFC Securities Mumbai.

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

The average salary of a Relationship Manager at HDFC Securities is 31% less than the average salary of a Relationship Manager in Mumbai. 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 Mumbai.

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

3i Infotech Relationship Manager Salary - ₹5.0 Lakhs to ₹5.8 Lakhs per year
Edelweiss Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
ICICI Securities Relationship Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Axis Direct Relationship Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
Kotak Securities Relationship Manager Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year

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

Sharekhan Relationship Manager Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
Motilal Oswal Financial Services Relationship Manager Salary - ₹1.8 Lakhs to ₹5.9 Lakhs per year
Reliance Securities Relationship Manager Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year
IIFL Securities Relationship Manager Salary - ₹1.8 Lakhs to ₹5.9 Lakhs per year
Karvy Stock Broking Relationship Manager Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at HDFC Securities ranges between ₹26,861 per month to ₹28,272 per month in Mumbai. The take-home salary calculation is based on the average HDFC Securities Relationship Manager salary in India which ranges between ₹1.3 Lakhs to ₹5.8 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 Mumbai?

According to AmbitionBox, 46% of the HDFC Securities Relationship Managers in Mumbai reported a notice period of 2 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 172 responses on AmbitionBox in last 2 years.

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HDFC Securities Relationship Manager Salaries in Mumbai

HDFC Securities Relationship Manager salary in Mumbai ranges between ₹1.3 Lakh to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 398 HDFC Securities latest salaries received from various employees of HDFC Securities.

HDFC Securities Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to HDFC Securities for Relationship Manager in Mumbai

Latest annual salaries shared by HDFC Securities Relationship Manager in Mumbai

Experience wise HDFC Securities Relationship Manager salaries in Mumbai

Similar Designation salaries in HDFC Securities

Top skills at HDFC Securities for Relationship Manager

Salary related reviews for HDFC Securities

Relationship Manager in Mumbai

Relationship Manager in Panipat

Relationship Manager in Shillong

Relationship Manager in Shillong

Relationship Manager in New Delhi

HDFC Securities Relationship Manager Salary FAQs

Tell us how to improve this page.