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Madhav Insurance Brokers Relationship Manager salaries in India

Annual salary range
2 - 9 years exp.
₹4.2 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% less than the average Relationship Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Relationship Manager Salary
2 - 9 years exp. (3 salaries)
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₹4.2 L/yr - ₹4.7 L/yr

Marketing & Communication
Relationship Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 12 Jul 2023

Companies similar to Madhav Insurance Brokers for Relationship Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹1.4 L/yr - ₹4.6 L/yr

arrow icon 33% less
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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 15% less
72 job openings
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Tata AIG Relationship Manager Salary

0 - 12 years exp. (880 salaries)

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₹2.1 L/yr - ₹7.7 L/yr

At par
19 job openings
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DCB Bank Relationship Manager Salary

0 - 10 years exp. (829 salaries)

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₹2.1 L/yr - ₹6.7 L/yr

arrow icon 10% less
7 job openings
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₹1.6 L/yr - ₹5 L/yr

arrow icon 29% less
20 job openings
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₹2.2 L/yr - ₹9.8 L/yr

arrow icon 25% more
3 job openings
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Standard Chartered Relationship Manager Salary

1 - 12 years exp. (431 salaries)

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₹4.2 L/yr - ₹13.7 L/yr

arrow icon 93% more
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₹1 L/yr - ₹8.1 L/yr

arrow icon 27% less
274 job openings
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DBS Bank Relationship Manager Salary

0 - 12 years exp. (246 salaries)

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₹3.9 L/yr - ₹14 L/yr

arrow icon 88% more
10 job openings
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 21% less
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Square Yards Relationship Manager Salary

0 - 8 years exp. (231 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 29% less
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₹1.7 L/yr - ₹6 L/yr

arrow icon 27% less
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Bajaj Finance Relationship Manager Salary

0 - 10 years exp. (97 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 8% less
317 job openings
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Deutsche Bank Relationship Manager Salary

2 - 9 years exp. (90 salaries)

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₹4.9 L/yr - ₹14 L/yr

arrow icon 67% more
1 job opening
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₹2.5 L/yr - ₹6 L/yr

arrow icon 13% less
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Udaan Relationship Manager Salary

0 - 8 years exp. (10 salaries)

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₹2.9 L/yr - ₹7.1 L/yr

arrow icon 1% less
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Barclays Relationship Manager Salary

2 - 6 years exp. (6 salaries)

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₹3 L/yr - ₹8.8 L/yr

arrow icon 40% more
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Bank of America Relationship Manager Salary

1 - 9 years exp. (5 salaries)

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₹4.8 L/yr - ₹12 L/yr

arrow icon 90% more
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PhonePe Relationship Manager Salary

8 - 12 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.4 L/yr

arrow icon 31% less
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Goldman Sachs Relationship Manager Salary

1 - 8 years exp. (3 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 183% more
Relationship Manager salary at Madhav Insurance Brokers ranges between ₹4.2 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Madhav Insurance Brokers.

Latest annual salaries shared by Madhav Insurance Brokers Relationship Manager

1y ago
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6 years exp.
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2 years exp.
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8 years exp.
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9 years exp.

Experience wise Madhav Insurance Brokers Relationship Manager salaries

Last Updated: 12 Jul 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Madhav Insurance Brokers

Claims Manager Salary
(4 salaries)
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₹3.6 L/yr - ₹5.4 L/yr
Underwriter Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

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Madhav Insurance Brokers Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Madhav Insurance Brokers ?
The average salary of a Relationship Manager at Madhav Insurance Brokers in India typically ranges from ₹4.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Relationship Manager at Madhav Insurance Brokers earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Manager Salaries at Madhav Insurance Brokers 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 Madhav Insurance Brokers employees in India.
What is the estimated take home salary of a Relationship Manager at Madhav Insurance Brokers in India?
The estimated take-home salary of a Relationship Manager at Madhav Insurance Brokers in India typically ranges from ₹35,198 to ₹36,435 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 Madhav Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Madhav Insurance Brokers for Relationship Manager in India?
Goldman Sachs ₹9.0 Lakhs to ₹21.0 Lakhs per year
Standard Chartered ₹4.2 Lakhs to ₹13.7 Lakhs per year
Bank of America ₹4.8 Lakhs to ₹12.0 Lakhs per year
DBS Bank ₹3.9 Lakhs to ₹14.0 Lakhs per year
Deutsche Bank ₹4.9 Lakhs to ₹14.0 Lakhs per year

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

Barclays ₹3.0 Lakhs to ₹8.8 Lakhs per year
AU Small Finance Bank ₹2.2 Lakhs to ₹9.8 Lakhs per year
Tata AIG ₹2.1 Lakhs to ₹7.7 Lakhs per year
Udaan ₹2.9 Lakhs to ₹7.1 Lakhs per year
Bajaj Finance ₹1.8 Lakhs to ₹6.3 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 Madhav Insurance Brokers in India?
The salary growth for a Relationship Manager at Madhav Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Madhav Insurance Brokers:

Experience Average Salary Range
2 years ₹4.2 Lakhs to ₹8.1 Lakhs per year
3 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
and so on.

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Madhav Insurance Brokers Relationship Manager salary in India ranges between ₹4.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Madhav Insurance Brokers latest salaries received from various employees of Madhav Insurance Brokers.