ICICI Direct Mumbai Relationship Manager Salaries by 6 Employees

1 - 3 years exp.

₹2.2 Lakhs - ₹5.6 Lakhs

Salary of majority employees

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22% less than the average Relationship Manager Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹5.6 L/yr
Finance & Accounting Relationship Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹4.1 L/yr
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Marketing & Communication Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.6 L/yr

Last Updated: 6 Jul 2024

Companies similar to ICICI Direct for Relationship Manager in Mumbai

ICICI Direct Relationship Manager Salary

1 - 3 years exp. (6 salaries)

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₹2.2 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Relationship Manager Salary 1 - 8 years exp. (395 salaries)	Unlock ₹1.3 L/yr - ₹5.8 L/yr 11% less	9 job openings
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (29 salaries)	Unlock ₹1.6 L/yr - ₹4.5 L/yr 7% less
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Axis Direct Relationship Manager Salary 0 - 9 years exp. (16 salaries)	Unlock ₹2.4 L/yr - ₹7.5 L/yr 7% more
Sharekhan Relationship Manager Salary 0 - 10 years exp. (100 salaries)	Unlock ₹1.7 L/yr - ₹6.7 L/yr 9% less	1 job opening
Angel One Relationship Manager Salary 0 - 6 years exp. (78 salaries)	Unlock ₹1.7 L/yr - ₹3.8 L/yr 33% less
Edelweiss Relationship Manager Salary 0 - 8 years exp. (53 salaries)	Unlock ₹2.5 L/yr - ₹6 L/yr 12% more
Reliance Securities Relationship Manager Salary 1 - 8 years exp. (35 salaries)	Unlock ₹2.4 L/yr - ₹4.8 L/yr 14% less
Karvy Stock Broking Relationship Manager Salary 1 - 3 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹3.6 L/yr 21% less
Geojit Financial Services Relationship Manager Salary 1 - 5 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹5 L/yr 8% less
PhillipCapital Relationship Manager Salary 0 - 7 years exp. (18 salaries)	Unlock ₹3.5 L/yr - ₹11 L/yr 63% more	1 job opening
Motilal Oswal Relationship Manager Salary 0 - 8 years exp. (15 salaries)	Unlock ₹1.7 L/yr - ₹4.5 L/yr 33% less
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Sumitomo Mitsui Banking Corporation Relationship Manager Salary 3 - 11 years exp. (4 salaries)	Unlock ₹20 L/yr - ₹27 L/yr 486% more

Relationship Manager salary at ICICI Direct ranges between ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Relationship Manager salaries in Mumbai

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹7.3 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹5.6 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹5.6 L/yr

Similar Designation salaries in ICICI Direct

Sales Manager Salary

(9 salaries)

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₹2 L/yr - ₹3.5 L/yr

Branch Manager Salary

(4 salaries)

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₹5.5 L/yr - ₹7.3 L/yr

Salary related reviews for ICICI Direct

3.0

Rated by 1 employees for salary & benefits

Sales Officer in Thiruvananthapuram

Full Time

Human Resources Department

4.0

• posted on 01 Jul 2022

2.0

for Salary and Benefits

Likes

A person who is really business oriented and is ready to be hardworking in banking field, can find excellent opportunity at ICICI Bank.

Skill development - Good

+3 more

Dislikes

The salary package is really low, salary package and clearance amount should be fully given(including deductions).

Salary - Poor

Branch Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

Flexibility in timing Great Incentive Abroad Contest Salary on Time

Salary - Excellent

+4 more

Dislikes

You have to sell everything - Life insurance Mutual funds PMS Home loan General Insurance Have to ensure that you complete your LI Target and Team Target also

Branch Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

I have done mistake to join ICICI Direct, it's Branch Head profile as offer letter but this is individual RM profile with extra responsibility.No one last here max to max 1yr (my experience from EAST) so JOB insecure they remind it every time.1 or 2 old because they joined as management trainee so don't know a healthy environment. i have worked here 2 and half year and performance wise also good but the culture in icici direct like LALA Company, middle hierarchy are really painful. the way they harassment god help .

Dislikes

Middle hierarchy harass and abuse openly and local HR helpless ,they work for their bonus and salary, HR System totally failed even they for middle hierarchy not for company

Job security - Bad

+4 more

Senior Relationship Manager in Chandigarh

Full Time

Other Department

3.0

• posted on 14 Sep 2024

3.0

for Salary and Benefits

Likes

They work on skill development and takes webinar on regular basis Salary credit timely.

Skill development - Good

+1 more

Dislikes

They involves juniors in Office politics Mukesh kapri zonal head of Chandigarh he is the worst person professionaly and personally you will even met you can't work under him or with him

Promotions - Bad

+3 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Oct 2023

3.0

for Salary and Benefits

Likes

Despite of good salary, I couldn't get good working environment over here as much politics are here as my own boss do not want to help me out in my case. Even all other person knows how unevenly he distinguishes his team members. At the end, I would say that you should not work here on a shop floor level, either you join at one step higher level post.

Dislikes

The worst part of my employment journey was experienced in ICICI where I was forced by my supervisor to leave the company. Such a terrifying situation!!

Skill development - Bad

+4 more

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an associate vice president

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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... read more

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ICICI Direct Relationship Manager Salary FAQs

What is the salary of Relationship Manager at ICICI Direct Mumbai?

Relationship Manager salary at ICICI Direct in Mumbai ranges between ₹2.2 Lakhs to ₹5.6 Lakhs for experience between 1 years to 3 years. According to our estimates it is 22% less than the average Relationship Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Direct Mumbai.

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

The average salary of a Relationship Manager at ICICI Direct is 22% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Direct to a Relationship Manager in Mumbai?

Sumitomo Mitsui Banking Corporation Relationship Manager Salary - ₹20.0 Lakhs to ₹27.0 Lakhs per year
PhillipCapital Relationship Manager Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
Edelweiss Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Axis Direct Relationship Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Relationship Manager in companies similar to ICICI Direct in Mumbai?

Kotak Securities Relationship Manager Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
Geojit Financial Services Relationship Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Sharekhan Relationship Manager Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
HDFC Securities Relationship Manager Salary - ₹1.3 Lakhs to ₹5.8 Lakhs per year
Reliance Securities Relationship Manager Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Relationship Manager at ICICI Direct in Mumbai?

The estimated take-home salary of a Relationship Manager at ICICI Direct ranges between ₹30,273 per month to ₹31,583 per month in Mumbai. The take-home salary calculation is based on the average ICICI Direct Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at ICICI Direct in Mumbai?

According to AmbitionBox, 100% of the ICICI Direct Relationship Managers in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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ICICI Direct Relationship Manager Salaries in Mumbai

ICICI Direct Relationship Manager salary in Mumbai ranges between ₹2.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ICICI Direct latest salaries received from various employees of ICICI Direct.