IDBI Bank Mumbai Relationship Manager Salaries by 6 Employees (Updated 2025)

1 - 10 years exp.

₹11.5 Lakhs - ₹22 Lakhs

Salary of majority employees

163% more than the average Relationship Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹15 L/yr
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Sales & Business Development Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹16.8 L/yr

Last Updated: 15 Feb 2025

Companies similar to IDBI Bank for Relationship Manager in Mumbai

IDBI Bank Relationship Manager Salary

1 - 10 years exp. (6 salaries)

₹11.5 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (218 salaries)	₹4 L/yr - ₹13.6 L/yr 37% less	137 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (155 salaries)	₹3.3 L/yr - ₹14.6 L/yr 41% less	12 job openings
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AU Small Finance Bank Relationship Manager Salary 0 - 10 years exp. (103 salaries)	₹3 L/yr - ₹10.5 L/yr 55% less	4 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (101 salaries)	₹2.7 L/yr - ₹12.3 L/yr 48% less	5 job openings
Standard Chartered Relationship Manager Salary 1 - 12 years exp. (97 salaries)	₹4 L/yr - ₹15.9 L/yr 32% less
Jana Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (48 salaries)	₹1.3 L/yr - ₹6.3 L/yr 70% less	3 job openings
Deutsche Bank Relationship Manager Salary 3 - 9 years exp. (18 salaries)	₹5.1 L/yr - ₹12.9 L/yr 43% less	1 job opening
Equitas Small Finance Bank Relationship Manager Salary 1 - 8 years exp. (10 salaries)	₹3 L/yr - ₹5.8 L/yr 72% less	274 job openings
Ujjivan Small Finance Bank Relationship Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8 L/yr 62% less	2 job openings
Federal Bank Relationship Manager Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.7 L/yr 77% less
HSBC Global Banking and Markets Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹29.3 L/yr - ₹35 L/yr 140% more
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Relationship Manager salary at IDBI Bank ranges between ₹11.5 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Relationship Manager salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
2 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
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3 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
4 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
5 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
6 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
7 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
10 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr

View all

From

Relationship Manager

₹

Lakhs/yr

0 - 11 years exp.

Senior Regional Head

₹

Lakhs/yr

18 - 20 years exp.

Relationship Manager

0 - 11 years exp.

Branch Manager

9 - 16 years exp.

26% hike

Branch Head

8 - 20 years exp.

19% hike

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 IDBI Bank

Branch Manager Salary

(5 salaries)

₹12 L/yr - ₹30 L/yr

Territory Sales Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5.4 L/yr

Salary related reviews for IDBI Bank

3.8

Rated by 7 employees for salary & benefits

Relationship Manager in Mumbai

Finance & Accounting Department

3.0

• posted on 12 Sep 2018

2.0

for Salary and Benefits

Likes

...t. Even the office assistant also can refer employee, this is the truth of IDBI. Vp, AVP 's son / daughters are joining with big salary without experience even sometime without completing their degree course. Being in head office Mumbai branch I found those things with proves. This is the fact. So...all average.

Job security - Excellent

Dislikes

Job security is there. But apprisal always depend on how much suger you can mix with you all words on your boss. Oil also work. Growth means promotion after achieving target also depends on boss's mercy.

Salary - Poor

+1 more

Relationship Manager in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

Work-life balance - Poor

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

Salary - Good

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Skill development - Bad

+5 more

Sales Executive in Surat

Sales & Marketing Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

Sales Executive in Basirhat

BFSI, Investments & Trading Department

4.0

• posted on 04 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.

Skill development - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

Job security - Poor

+1 more

see more salary related reviews

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What people are saying about IDBI Bank

View All

invaluablecider

works at

IDBI Bank

Facing trouble in releaving my current job

Hey everyone, I've recently resigned from my current job and serving notice period which is due in less than a week. But my manager is not agreeing to this and forcing me to stay till the time I complete my pendencies and creating more of them unnecessary so that I can't be relieved. I've completed them from my side, but pending from customer ends as they are not coming to sign the certain documents. If we go according to this than I can't be relieved for coming 5-6 months due to these customers as many of them are in different states. I've joining in my new company in next 10 days. What should I do???? And can I really be held back due to this reason(customers sign)????

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IDBI Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at IDBI Bank in Mumbai?

The average salary of a Relationship Manager at IDBI Bank in Mumbai typically ranges from ₹11.5 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Relationship Manager in Mumbai at IDBI Bank earn more than ₹21.3 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Relationship Manager Salaries at IDBI Bank 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 6 IDBI Bank employees in India.

What is the estimated take home salary of a Relationship Manager at IDBI Bank in Mumbai?

The estimated take-home salary of a Relationship Manager at IDBI Bank in Mumbai typically ranges from ₹96,932 to ₹99,555 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 6 salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDBI Bank for Relationship Manager in India?

HSBC Global Banking and Markets

₹29.3 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to IDBI Bank in Mumbai?

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

Standard Chartered	₹4.0 Lakhs to ₹15.9 Lakhs per year
IndusInd Bank	₹4.0 Lakhs to ₹13.6 Lakhs per year
Yes Bank	₹3.3 Lakhs to ₹14.6 Lakhs per year
Deutsche Bank	₹5.1 Lakhs to ₹12.9 Lakhs per year
IDFC FIRST Bank	₹2.7 Lakhs to ₹12.3 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 IDBI Bank in Mumbai?

The salary growth for a Relationship Manager at IDBI Bank 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 IDBI Bank:

Experience	Average Salary Range
1 year	₹10.7 Lakhs to ₹13.7 Lakhs per year
2 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
3 years	₹11.5 Lakhs to ₹14.7 Lakhs per year
4 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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IDBI Bank Relationship Manager Salaries in Mumbai

IDBI Bank Relationship Manager salary in Mumbai ranges between ₹11.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.