IIFL Securities Mumbai Relationship Manager Salaries by 100+ Employees (Updated 2024)

0 - 11 years exp.

₹1.8 Lakh - ₹5 Lakhs

Salary of majority employees

33% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 6 years exp. (38 salaries)	₹1.8 L/yr - ₹3.6 L/yr
Finance & Accounting Relationship Manager Salary 0 - 6 years exp. (24 salaries)	₹2 L/yr - ₹4.3 L/yr
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Sales & Business Development Relationship Manager Salary 1 - 6 years exp. (21 salaries)	₹2.2 L/yr - ₹5 L/yr
Customer Success, Service & Operations Relationship Manager Salary 0 - 6 years exp. (15 salaries)	₹2.4 L/yr - ₹4.6 L/yr
Human Resources Relationship Manager Salary 1 - 2 years exp. (5 salaries)	₹2 L/yr - ₹4.2 L/yr

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Last Updated: 22 Aug 2024

Companies similar to IIFL Securities for Relationship Manager in Mumbai

IIFL Securities Relationship Manager Salary

0 - 11 years exp. (129 salaries)

₹1.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Relationship Manager Salary 1 - 8 years exp. (400 salaries)	₹1.3 L/yr - ₹5.8 L/yr 4% more	1 job opening
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (32 salaries)	₹1.6 L/yr - ₹5 L/yr 11% more	1 job opening
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Sharekhan Relationship Manager Salary 0 - 10 years exp. (98 salaries)	₹1 L/yr - ₹6.5 L/yr 10% more	2 job openings
Angel One Relationship Manager Salary 0 - 6 years exp. (82 salaries)	₹1.7 L/yr - ₹3.6 L/yr 20% less	1 job opening
ICICI Direct Relationship Manager Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹5.6 L/yr 10% more
Edelweiss Relationship Manager Salary 0 - 8 years exp. (58 salaries)	₹2.3 L/yr - ₹6 L/yr 25% more
Axis Direct Relationship Manager Salary 0 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹7.5 L/yr 13% more
Reliance Securities Relationship Manager Salary 0 - 8 years exp. (36 salaries)	₹2 L/yr - ₹4.5 L/yr At par
Karvy Stock Broking Relationship Manager Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr 19% less
ICICI Prudential Mutual Fund Relationship Manager Salary 0 - 9 years exp. (259 salaries)	₹2.6 L/yr - ₹8 L/yr 38% more
Bajaj Capital Relationship Manager Salary 0 - 8 years exp. (48 salaries)	₹2.4 L/yr - ₹6 L/yr 27% more	2 job openings
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Ocwen Financial Solutions Relationship Manager Salary 7 - 15 years exp. (16 salaries)	₹4 L/yr - ₹12 L/yr 105% more
SBI Cards & Payment Services Relationship Manager Salary 3 - 12 years exp. (12 salaries)	₹3 L/yr - ₹5.5 L/yr 25% more
JM Financial Relationship Manager Salary 0 - 3 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 16% more
Aadhar Housing Finance Relationship Manager Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹3.3 L/yr 19% less

Relationship Manager salary at IIFL Securities ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 129 latest salaries received from various employees of IIFL Securities.

Experience wise IIFL Securities Relationship Manager salaries in Mumbai

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
Fresher (11 salaries)	₹1.8 L/yr - ₹3.5 L/yr
1 year (32 salaries)	₹1.8 L/yr - ₹4.6 L/yr
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2 years (32 salaries)	₹2 L/yr - ₹3.6 L/yr
3 years (21 salaries)	₹2.1 L/yr - ₹3.6 L/yr
4 years (17 salaries)	₹2.2 L/yr - ₹3.6 L/yr
5 years (8 salaries)	₹2.4 L/yr - ₹5 L/yr
6 years (7 salaries)	₹2.2 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
11 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr

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Similar Designation salaries in IIFL Securities

Deputy Manager Salary

(17 salaries)

₹4.2 L/yr - ₹8.5 L/yr

Sales Manager Salary

(7 salaries)

₹3.05 L/yr - ₹5.35 L/yr

Business Development Manager Salary

(7 salaries)

₹2.6 L/yr - ₹6 L/yr

Team Lead Salary

(6 salaries)

₹3.8 L/yr - ₹5.95 L/yr

Top skills at IIFL Securities for Relationship Manager

Cross Selling Stock Market demat Sales NISM Relationship Building equity sales

Salary related reviews for IIFL Securities

5.0

Rated by 2 employees for salary & benefits

Relationship Manager in Indore

Customer Relationship Department

3.0

• posted on 22 Feb 2021

2.0

for Salary and Benefits

Likes

Satisfaction

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Senior Relationship Manager in Thane

BFSI, Investments & Trading Department

4.0

• posted on 25 Apr 2022

3.0

for Salary and Benefits

Likes

There is no job security, work culture is good, The company management are not that bad & The policies quite strict.

Dislikes

The salary deduction is too high, Not giving the good appraisal & there is no growth in carrer

Branch Development Manager Service in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Time Vertical work it's good no time limit to spend time to office salary it's good other work it's very bad experience no growth process is very lengthy manegement very slow working

Dislikes

Over all its great work in office good salary nice place learning it's good bud no opportunity your growth your carrier and email response it's very lengthy manegement and services

Customer Relationship Manager in Bangalore / Bengaluru

Other Department

1.0

• posted on 04 Feb 2022

5.0

for Salary and Benefits

Likes

Work from home and comfortable

Dislikes

Not received salary on time after leaving company and reliving letter still not received and they are least bothered to respond for the delay. And they were not providing weekoff sometimes and pressuring us on target working overtime from 9 am to 8pm

Senior Executive As Team Lead .. Chat Process..non-voice in Secretariat, Hyderabad

Engineering - Software & QA Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security is depending upon our efforts and have to maintain some rules and regulations it's all about job security. And company is nothing but it's good environmental and encouragement is very well..

Dislikes

Comming to dislikes that ... salary is issue is their and .. without any intematinon they will exit us..no offer letter ..it's totally.it's all about dislikes..

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Securities Relationship Manager Salary FAQs

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

Relationship Manager salary at IIFL Securities in Mumbai ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 33% less than the average Relationship Manager Salary in India. Salary estimates are based on 129 latest salaries received from various employees of IIFL Securities Mumbai.

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

The average salary of a Relationship Manager at IIFL Securities is 33% 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 IIFL Securities?

Cross Selling, Stock Market, demat, Sales and NISM are some of the popular skills required to work as a Relationship Manager at IIFL Securities Mumbai.

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

Ocwen Financial Solutions Relationship Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Mutual Fund Relationship Manager Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
Bajaj Capital Relationship Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
SBI Cards & Payment Services Relationship Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Edelweiss Relationship Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year

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

JM Financial Relationship Manager Salary - ₹3.6 Lakhs to ₹4.5 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 ₹5.0 Lakhs per year
Sharekhan Relationship Manager Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year
ICICI Direct Relationship Manager Salary - ₹2.2 Lakhs to ₹5.6 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at IIFL Securities ranges between ₹25,671 per month to ₹27,100 per month in Mumbai. The take-home salary calculation is based on the average IIFL Securities Relationship Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at IIFL Securities in Mumbai?

According to AmbitionBox, 63% of the IIFL Securities Relationship Managers in Mumbai reported a notice period of 15 days or less, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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IIFL Securities Relationship Manager Salaries in Mumbai

IIFL Securities Relationship Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 129 IIFL Securities latest salaries received from various employees of IIFL Securities.