Indostar Home Finance Mumbai Relationship Manager Salaries by 4 Employees

2 - 7 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% less than the average Relationship Manager Salary in Financial Services Companies for 2 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 4 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹3.5 L/yr
Login to view exact salary
Sales & Business Development Relationship Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr

Last Updated: 7 Jul 2023

Companies similar to Indostar Home Finance for Relationship Manager in Mumbai

Indostar Home Finance Relationship Manager Salary

2 - 7 years exp. (4 salaries)

₹3 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (304 salaries)	₹1.6 L/yr - ₹6.7 L/yr 21% more	13 job openings
Sharekhan Relationship Manager Salary 0 - 10 years exp. (98 salaries)	₹1.7 L/yr - ₹6.7 L/yr 20% more
Login to view exact salary
ICICI Securities Relationship Manager Salary 0 - 7 years exp. (59 salaries)	₹2 L/yr - ₹8 L/yr 49% more
Edelweiss Relationship Manager Salary 0 - 7 years exp. (51 salaries)	₹2.5 L/yr - ₹6 L/yr 40% more
Bajaj Capital Relationship Manager Salary 0 - 8 years exp. (49 salaries)	₹2.4 L/yr - ₹6 L/yr 44% more	45 job openings
Religare Relationship Manager Salary 0 - 9 years exp. (40 salaries)	₹2 L/yr - ₹5 L/yr 18% more	4 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (28 salaries)	₹3 L/yr - ₹8.1 L/yr 65% more
Reliance Capital Relationship Manager Salary 0 - 7 years exp. (23 salaries)	₹2.4 L/yr - ₹5.5 L/yr 8% more	1 job opening
Motilal Oswal Relationship Manager Salary 0 - 8 years exp. (16 salaries)	₹1.7 L/yr - ₹4.5 L/yr 12% less
Nippon Life India Asset Management Relationship Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹12 L/yr 169% more	28 job openings
JM Financial Relationship Manager Salary 0 - 3 years exp. (7 salaries)	₹3.6 L/yr - ₹5.5 L/yr 19% more
Login to view exact salary
Bajaj Finserv Relationship Manager Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 4% less
Geojit Financial Services Relationship Manager Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 23% more

Relationship Manager salary at Indostar Home Finance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Indostar Home Finance.

Experience wise Indostar Home Finance Relationship Manager salaries in Mumbai

Last Updated: 7 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

View all

Top skills at Indostar Home Finance for Relationship Manager

Sales Relationship Management Customer Satisfaction Finance Sales Management Marketing mortgage Branch Banking Home Loans Customer Retention Business Development customer support Disbursement Financial Services housing loan

Salary related reviews for Indostar Home Finance

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Salary - Bad

+6 more

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Salary - Good

+4 more

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Salary - Good

+6 more

Dislikes

Nill

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about Indostar Home Finance?

Ask anonymously on communities.

Indostar Home Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Indostar Home Finance in Mumbai?

The average salary of a Relationship Manager at Indostar Home Finance in Mumbai typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Relationship Manager in Mumbai at Indostar Home Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Relationship Manager Salaries at Indostar Home Finance 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 Indostar Home Finance employees in India.

What is the estimated take home salary of a Relationship Manager at Indostar Home Finance in Mumbai?

The estimated take-home salary of a Relationship Manager at Indostar Home Finance in Mumbai typically ranges from ₹22,722 to ₹24,195 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Indostar Home Finance. 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 Indostar Home Finance in Mumbai?

To be a Relationship Manager at Indostar Home Finance in Mumbai, the key skills required include:

- Sales
- Relationship Management
- Customer Satisfaction
- Finance
- Sales Management

These skills are highly valued at Indostar Home Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Indostar Home Finance for Relationship Manager in India?

Nippon Life India Asset Management	₹3.6 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Capital	₹3.0 Lakhs to ₹8.1 Lakhs per year
ICICI Securities	₹2.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Capital	₹2.4 Lakhs to ₹6.0 Lakhs per year
Edelweiss	₹2.5 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Indostar Home Finance in Mumbai?

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

Geojit Financial Services	₹2.4 Lakhs to ₹5.0 Lakhs per year
Motilal Oswal Financial Services	₹1.6 Lakhs to ₹6.7 Lakhs per year
Sharekhan	₹1.7 Lakhs to ₹6.7 Lakhs per year
JM Financial	₹3.6 Lakhs to ₹5.5 Lakhs per year
Religare	₹2.0 Lakhs to ₹5.0 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 Indostar Home Finance in Mumbai?

The salary growth for a Relationship Manager at Indostar Home Finance 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 Indostar Home Finance:

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Indostar Home Finance Salaries >
Indostar Home Finance Relationship Manager Salaries >
Indostar Home Finance Relationship Manager Salaries in Mumbai

Indostar Home Finance Relationship Manager salary in Mumbai ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indostar Home Finance latest salaries received from various employees of Indostar Home Finance.