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

1 - 7 years exp.

₹1.3 Lakh - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% 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 - 5 years exp. (140 salaries)	₹1.5 L/yr - ₹4.8 L/yr
Finance & Accounting Relationship Manager Salary 1 - 7 years exp. (77 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 1 - 7 years exp. (44 salaries)	₹1.3 L/yr - ₹5.8 L/yr
Sales & Business Development Relationship Manager Salary 1 - 6 years exp. (29 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: 5 Apr 2025

Companies similar to HDFC Securities for Relationship Manager in Mumbai

HDFC Securities Relationship Manager Salary

1 - 7 years exp. (395 salaries)

₹1.3 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Quess Relationship Manager Salary 0 - 7 years exp. (6 salaries)	₹1.9 L/yr - ₹3.6 L/yr 22% less
3i Infotech Relationship Manager Salary 10 - 12 years exp. (3 salaries)	₹5 L/yr - ₹5.8 L/yr 44% more
Login to view exact salary
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3 L/yr - ₹11.4 L/yr 118% more	3 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (829 salaries)	₹2.4 L/yr - ₹12 L/yr 98% more	68 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 11 years exp. (460 salaries)	₹1.8 L/yr - ₹10 L/yr 63% more	6 job openings

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 395 latest salaries received from various employees of HDFC Securities.

Latest annual salaries shared by HDFC Securities Relationship Manager in Mumbai

4d ago

₹3.5 Lakhs

3 years exp.

1w ago

₹3.3 Lakhs

2 years exp.

1w ago

₹4 Lakhs

3 years exp.

3w ago

₹4 Lakhs

3 years exp.

1mo ago

₹2.5 Lakhs

1 year exp.

1mo ago

6 years exp.

1mo ago

3 years exp.

2mo ago

3 years exp.

2mo ago

3 years exp.

2mo ago

2 years exp.

Experience wise HDFC Securities Relationship Manager salaries in Mumbai

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
1 year (148 salaries)	₹1.3 L/yr - ₹4.5 L/yr
2 years (104 salaries)	₹1.8 L/yr - ₹4.8 L/yr
Login to view exact salary
3 years (77 salaries)	₹2 L/yr - ₹4.4 L/yr
4 years (33 salaries)	₹1.3 L/yr - ₹5.8 L/yr
5 years (21 salaries)	₹2 L/yr - ₹5.2 L/yr
6 years (9 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

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

Deputy Manager Salary

(96 salaries)

₹3.6 L/yr - ₹10.18 L/yr

Branch Manager Salary

(35 salaries)

₹5 L/yr - ₹13.07 L/yr

Area Sales Manager Salary

(17 salaries)

₹3.65 L/yr - ₹8 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 44 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

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 Mumbai?

The average salary of a Relationship Manager at HDFC Securities in Mumbai typically ranges from ₹1.3 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Relationship Manager in Mumbai at HDFC Securities earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.8 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 300+ HDFC Securities employees in India.

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 in Mumbai typically ranges from ₹26,826 to ₹28,238 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹5.8 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 300+ 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 Mumbai?

To be a Relationship Manager at HDFC Securities in Mumbai, 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?

ICICI Bank	₹3.0 Lakhs to ₹11.4 Lakhs per year
HDFC Bank	₹2.4 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank	₹1.8 Lakhs to ₹10.0 Lakhs per year
3i Infotech	₹5.0 Lakhs to ₹5.8 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 Mumbai?

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

Quess

₹1.9 Lakhs to ₹3.6 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 Mumbai?

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

Experience	Average Salary Range
1 year	₹1.3 Lakhs to ₹4.5 Lakhs per year
2 years	₹1.8 Lakhs to ₹4.8 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.4 Lakhs per year
4 years	₹1.3 Lakhs to ₹5.8 Lakhs per year

and so on.

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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 395 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.