IDFC Mutual Fund Virtual Relationship Manager Salaries by 4 Employees

0 - 5 years exp.

₹1.6 Lakh - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Virtual Relationship Manager Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Virtual Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Marketing & Communication Virtual Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Virtual Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to IDFC Mutual Fund for Virtual Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Mashreq Global Services Virtual Relationship Manager Salary 2 - 10 years exp. (12 salaries)	₹5 L/yr - ₹10.5 L/yr 183% more
Pine Labs Virtual Relationship Manager Salary 3 - 6 years exp. (7 salaries)	₹2.7 L/yr - ₹3.1 L/yr 5% more
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Kotak Securities Virtual Relationship Manager Salary 0 - 1 year exp. (5 salaries)	₹2.5 L/yr - ₹3.3 L/yr 2% more	2 job openings
HDFC Bank Virtual Relationship Manager Salary 0 - 10 years exp. (883 salaries)	₹1.7 L/yr - ₹8 L/yr 65% more	8 job openings
ICICI Prudential Mutual Fund Virtual Relationship Manager Salary 0 - 5 years exp. (258 salaries)	₹2.7 L/yr - ₹4.8 L/yr 37% more

Virtual Relationship Manager salary at IDFC Mutual Fund ranges between ₹1.6 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Virtual Relationship Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in IDFC Mutual Fund

Customer Relationship Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹12.5 L/yr

Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Operations Executive Salary

(8 salaries)

₹2.5 L/yr - ₹5.4 L/yr

Sales Executive Salary

(5 salaries)

₹2.15 L/yr - ₹3 L/yr

Customer Service Associate Salary

(4 salaries)

₹2.55 L/yr - ₹4.55 L/yr

Salary related reviews for IDFC Mutual Fund

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2018

4.0

for Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

Salary - Good

+5 more

Dislikes

Always depending upon the reporting manager you will get to under.

Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Work culture is good up to some extent.

Work-life balance - Excellent

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

Salary - Bad

+4 more

Assistant Vice President

BFSI, Investments & Trading Department

2.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

Good Tools and Training.

Skill development - Good

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

Salary - Poor

+3 more

VRM in Thane

Mutual fund Department

4.0

• posted on 19 Oct 2018

3.0

for Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

Skill development - Good

+3 more

Dislikes

Gave the best to IDFC but still i am on off role.

Job security - Poor

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

Salary - Bad

+2 more

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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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IDFC Mutual Fund Virtual Relationship Manager Salary FAQs

What is the salary of Virtual Relationship Manager at IDFC Mutual Fund ?

The average salary of a Virtual Relationship Manager at IDFC Mutual Fund in India typically ranges from ₹1.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Virtual Relationship Manager at IDFC Mutual Fund earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Virtual Relationship Manager Salaries at IDFC Mutual Fund 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 4 IDFC Mutual Fund employees in India.

What is the estimated take home salary of a Virtual Relationship Manager at IDFC Mutual Fund in India?

The estimated take-home salary of a Virtual Relationship Manager at IDFC Mutual Fund in India typically ranges from ₹19,691 to ₹21,359 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 4 salaries received from various employees of IDFC Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC Mutual Fund for Virtual Relationship Manager in India?

Mashreq Global Services	₹5.0 Lakhs to ₹10.5 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Mutual Fund	₹2.7 Lakhs to ₹4.8 Lakhs per year
Pine Labs	₹2.7 Lakhs to ₹3.1 Lakhs per year
Kotak Securities	₹2.5 Lakhs to ₹3.3 Lakhs per year

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

How the salary growth look like for a Virtual Relationship Manager at IDFC Mutual Fund in India?

The salary growth for a Virtual Relationship Manager at IDFC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Virtual Relationship Manager can expect the following growth trajectory at IDFC Mutual Fund:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹1.8 Lakhs per year
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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IDFC Mutual Fund Virtual Relationship Manager Salaries

IDFC Mutual Fund Virtual Relationship Manager salary in India ranges between ₹1.6 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.

IDFC Mutual Fund Virtual Relationship Manager salaries in India

Companies similar to IDFC Mutual Fund for Virtual Relationship Manager

Latest annual salaries shared by IDFC Mutual Fund Virtual Relationship Manager

Experience wise IDFC Mutual Fund Virtual Relationship Manager salaries

Similar Designation salaries in IDFC Mutual Fund

Salary related reviews for IDFC Mutual Fund

Operations Executive in Mumbai

Manager in Lucknow

Assistant Vice President

VRM in Thane

Operations Executive in Patna

IDFC Mutual Fund Virtual Relationship Manager Salary FAQs

Tell us how to improve this page.