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IndusInd Bank Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 15 years exp.
₹3.5 Lakhs - ₹13.7 Lakhs
Salary of majority employees
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62% more than the average Relationship Manager Salary in Banking Companies for 0 - 15 years of experience

Interested in this particular role? 144 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
0 - 15 years exp. (66 salaries)
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₹3.9 L/yr - ₹16 L/yr

Sales & Business Development
Relationship Manager Salary
0 - 13 years exp. (51 salaries)
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₹4.3 L/yr - ₹13 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 11 years exp. (32 salaries)
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₹3 L/yr - ₹10.9 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 12 years exp. (20 salaries)
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₹4.5 L/yr - ₹12.9 L/yr

Marketing & Communication
Relationship Manager Salary
1 - 15 years exp. (7 salaries)
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₹5.5 L/yr - ₹12 L/yr

Last Updated: 27 Mar 2025

Companies similar to IndusInd Bank for Relationship Manager in Mumbai

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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (216 salaries)

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₹3.5 L/yr - ₹13.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Manager Salary

0 - 19 years exp. (1.9k salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 7% less
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Axis Bank Relationship Manager Salary

0 - 15 years exp. (196 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 8% less
5 job openings
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Yes Bank Relationship Manager Salary

0 - 13 years exp. (155 salaries)

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₹3.3 L/yr - ₹14.6 L/yr

arrow icon 4% less
10 job openings
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₹3 L/yr - ₹10.5 L/yr

arrow icon 29% less
3 job openings
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IDFC FIRST Bank Relationship Manager Salary

0 - 13 years exp. (100 salaries)

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₹2.7 L/yr - ₹12.1 L/yr

arrow icon 16% less
5 job openings
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Standard Chartered Relationship Manager Salary

1 - 12 years exp. (97 salaries)

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₹4 L/yr - ₹15.9 L/yr

arrow icon 10% more
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₹2.5 L/yr - ₹6.3 L/yr

arrow icon 52% less
3 job openings
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Deutsche Bank Relationship Manager Salary

3 - 9 years exp. (18 salaries)

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₹5.1 L/yr - ₹12.9 L/yr

arrow icon 8% less
1 job opening
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₹3 L/yr - ₹5.8 L/yr

arrow icon 59% less
274 job openings
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₹3.2 L/yr - ₹8 L/yr

arrow icon 39% less
1 job opening
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IDBI Bank Relationship Manager Salary

1 - 10 years exp. (6 salaries)

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₹11.5 L/yr - ₹22 L/yr

arrow icon 62% more
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Federal Bank Relationship Manager Salary

0 - 4 years exp. (5 salaries)

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₹2 L/yr - ₹3.7 L/yr

arrow icon 62% less
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₹29.3 L/yr - ₹35 L/yr

arrow icon 289% more
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Bank of Baroda Relationship Manager Salary

6 - 9 years exp. (3 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 51% less
Relationship Manager salary at IndusInd Bank ranges between ₹3.5 Lakhs to ₹13.7 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 216 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Relationship Manager in Mumbai

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Experience wise IndusInd Bank Relationship Manager salaries in Mumbai

Last Updated: 27 Mar 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹2 L/yr - ₹7.8 L/yr
1 year  (10 salaries)

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₹2.2 L/yr - ₹10 L/yr
2 years  (15 salaries)

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₹2.1 L/yr - ₹9.3 L/yr
3 years  (18 salaries)

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₹3 L/yr - ₹7.5 L/yr
4 years  (29 salaries)

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₹2.3 L/yr - ₹10.1 L/yr
View all
IndusInd Bank Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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0 - 15 years exp.

Regional Head

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14 - 24 years exp.

Relationship Manager 0 - 15 years exp.
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Branch Manager 6 - 20 years exp.
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arrow icon 69% hike
    Regional Head 14 - 24 years exp.
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    arrow icon 110% 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 IndusInd Bank

    Deputy Manager Salary
    (747 salaries)
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    ₹1.7 L/yr - ₹7.5 L/yr
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    ₹4.8 L/yr - ₹16.5 L/yr
    Branch Manager Salary
    (78 salaries)
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    ₹7.58 L/yr - ₹25 L/yr
    Sales Manager Salary
    (53 salaries)
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    ₹2.4 L/yr - ₹11.24 L/yr
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    ₹1.7 L/yr - ₹4 L/yr
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    ₹5.5 L/yr - ₹10 L/yr
    Area Manager Salary
    (7 salaries)
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    ₹13.44 L/yr - ₹20.51 L/yr

    Top skills at IndusInd Bank for Relationship Manager

    Relationship Management Salesforce Business Development Team Management Digital Marketing Portfolio Management Team Handling Client Relationship Management Wealth Management Relationship Management Banking Operations Client Servicing Branch Management Retail Sales Branch Banking

    Salary related reviews for IndusInd Bank

    2.7

    Rated by 38 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 14 Jan 2024

    3.0
     for  Salary and Benefits

    Likes

    Getting salary at 25 of every month

    Dislikes

    90% people resigned on 3 months People who serve 3 yr , 4 yr in other banks , didn't survived No job security Worst culture Managers used to shoutout Abusing culture This bank is bleeding for new customer Everyone asking for resigne here Branch manager, channel head , zh , rh. every person will get ask for resign from 1st month every morning. Every one have to open savings account everyday otherwise person have to resign. If someone can not open 40 accounts in 2 month person will get pressurized for resignation. Have to through pamphlets in park and have to stand in mall , have to run in local market to ask about account weather you are Mba or CA.. they are going to behave you like slave .

    read more
    • Job security - Bad
    • +4 more

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 26 Sep 2023

    1.0
     for  Salary and Benefits

    Likes

    Not 1 thing i like about this bank

    Dislikes

    They are here only to earn money from the employees. They dedcut your salary twice if u take a leave during notice period. Their appraisals do not happen before nov. When u receive your accurals the increment given is not even 2%. No culture. No respect for employees.

    read more
    • Salary - Bad
    • +6 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 29 Aug 2023

    2.0
     for  Salary and Benefits

    Likes

    IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

    read more
    • Skill development - Excellent
    • +2 more

    Dislikes

    Aa an employee I would like to get more salary as I have experience more than 12 years

    read more
    • Salary - Poor
    • +1 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    1.0
      •  posted on 23 Oct 2021

    1.0
     for  Salary and Benefits

    Likes

    There isn't any work culture here. Everything sucks here. Salary you will get on time

    read more

    Dislikes

    ...ars and he gets nothing from the company when he lost his life while in service. The corporate salary Team is one big joke consisting of all jokers. They make you work on all Saturdays and other holidays. No training will be provided to new employees. You have to learn by your own. All you have to do here is beg, borrow and steal. By hook or crook you need to do business. Quality doesn't matter here quantity matters. If you're being yourself then you will be screwed. You have to be like his slave and always be obidient to him like he's Jesus Christ. One of the worst company to work. And the way your boss communicates will be way different . For any issue or if the commitments didn't happen you will be told to resign and will be taken for a ride. He won't listen to you all he needs is MIS. He won't trust his team. Alot of people are leaving this company and a few are joining but soon they will also leave. You will get petrol allowances very less. Extra benefits. You will be getting 20% of what u spend for petrol as allowances. If you think shouting and behaving like a brat will bring you business then you're wrong. That's is guys you take a call.

    read more
    • Salary - Bad
    • +6 more

    BFSI, Investments & Trading Department

    1.0
      •  posted on 05 May 2021

    1.0
     for  Salary and Benefits

    Likes

    Nothing like,

    Dislikes

    ...cs are so bad. HR Policies are so pathetic. HR person are puppet of management . No any salary hike and appraisal given after 6month.

    read more
    • Salary - Bad
    • +6 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    IndusInd Bank Relationship Manager Salary FAQs

    What is the salary of Relationship Manager at IndusInd Bank in Mumbai?
    The average salary of a Relationship Manager at IndusInd Bank in Mumbai typically ranges from ₹3.5 Lakhs to ₹13.7 Lakhs per year, depending on experience (from Fresher to 15 years).

    The top 10% of Relationship Manager in Mumbai at IndusInd Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Relationship Manager Salaries at IndusInd 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 200+ IndusInd Bank employees in India.
    What is the estimated take home salary of a Relationship Manager at IndusInd Bank in Mumbai?
    The estimated take-home salary of a Relationship Manager at IndusInd Bank in Mumbai typically ranges from ₹62,705 to ₹64,298 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹13.7 Lakhs per year for employees with experience ranging from Fresher to 15 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 200+ salaries received from various employees of IndusInd Bank. 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 IndusInd Bank in Mumbai?
    To be a Relationship Manager at IndusInd Bank in Mumbai, the key skills required include:

    • - Relationship Management
    • - Salesforce
    • - Business Development
    • - Team Management
    • - Digital Marketing

    These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than IndusInd Bank for Relationship Manager in India?
    HSBC Global Banking and Markets ₹29.3 Lakhs to ₹35.0 Lakhs per year
    IDBI Bank ₹11.5 Lakhs to ₹22.0 Lakhs per year
    Standard Chartered ₹4.0 Lakhs to ₹15.9 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.
    What is the salary of a Relationship Manager in companies similar to IndusInd Bank in Mumbai?
    The salary of a Relationship Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Yes Bank ₹3.3 Lakhs to ₹14.6 Lakhs per year
    ICICI Bank ₹3.0 Lakhs to ₹11.4 Lakhs per year
    Deutsche Bank ₹5.1 Lakhs to ₹12.9 Lakhs per year
    Axis Bank ₹3.0 Lakhs to ₹13.0 Lakhs per year
    IDFC FIRST Bank ₹2.7 Lakhs to ₹12.1 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 IndusInd Bank in Mumbai?
    The salary growth for a Relationship Manager at IndusInd 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 IndusInd Bank:

    Experience Average Salary Range
    Fresher ₹2.0 Lakhs to ₹7.8 Lakhs per year
    1 year ₹2.2 Lakhs to ₹10.0 Lakhs per year
    2 years ₹2.1 Lakhs to ₹9.3 Lakhs per year
    3 years ₹3.0 Lakhs to ₹7.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    IndusInd Bank Relationship Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 216 IndusInd Bank latest salaries received from various employees of IndusInd Bank.