Mahindra & Mahindra Chennai Relationship Manager Salaries by 5 Employees (Updated 2025)

1 - 9 years exp.

₹2.6 Lakhs - ₹3.9 Lakhs

Salary of majority employees

43% less than the average Relationship Manager Salary in Automobile Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 2 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Relationship Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
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Research & Development Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 2 Jan 2025

Companies similar to Mahindra & Mahindra for Relationship Manager in Chennai

Mahindra & Mahindra Relationship Manager Salary

1 - 9 years exp. (5 salaries)

₹2.6 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 18 years exp. (1.2k salaries)	₹2.3 L/yr - ₹10.9 L/yr 120% more	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (418 salaries)	₹1.5 L/yr - ₹11 L/yr 100% more	19 job openings
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City Union Bank Relationship Manager Salary 0 - 7 years exp. (251 salaries)	₹2.2 L/yr - ₹7 L/yr 27% more	4 job openings
RBL Bank Relationship Manager Salary 0 - 11 years exp. (144 salaries)	₹2.2 L/yr - ₹7.5 L/yr 40% more	11 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 10 years exp. (133 salaries)	₹2.5 L/yr - ₹5.5 L/yr 24% more	214 job openings

Relationship Manager salary at Mahindra & Mahindra ranges between ₹2.6 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Relationship Manager salaries in Chennai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

View all

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Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 more

see more salary related reviews

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What people are saying about Mahindra & Mahindra

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divitr

works at

Mahindra & Mahindra

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks

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Mahindra & Mahindra Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Mahindra & Mahindra Chennai?

Relationship Manager salary at Mahindra & Mahindra in Chennai ranges between ₹2.6 Lakhs to ₹3.9 Lakhs for experience between 1 years to 9 years. According to our estimates it is 43% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra Chennai.

How does the salary of a Relationship Manager at Mahindra & Mahindra Chennai compare with the average salary range for this job?

The average salary of a Relationship Manager at Mahindra & Mahindra is 43% less than the average salary of a Relationship Manager in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Relationship Manager in Chennai?

ICICI Bank Relationship Manager Salary - ₹2.3 Lakhs to ₹10.9 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹11.0 Lakhs per year
RBL Bank Relationship Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
City Union Bank Relationship Manager Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Relationship Manager at Mahindra & Mahindra in Chennai?

The estimated take-home salary of a Relationship Manager at Mahindra & Mahindra ranges between ₹23,173 per month to ₹24,639 per month in Chennai. The take-home salary calculation is based on the average Mahindra & Mahindra Relationship Manager salary in India which ranges between ₹2.6 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Mahindra & Mahindra in Chennai?

According to AmbitionBox, 100% of the Mahindra & Mahindra Relationship Managers in Chennai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra & Mahindra Relationship Manager Salaries in Chennai

Mahindra & Mahindra Relationship Manager salary in Chennai ranges between ₹2.6 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.