Mahindra & Mahindra Senior Relationship Manager Salaries by 9 Employees (Updated 2025)

1 - 9 years exp.

₹4 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Senior Relationship Manager Salary in Automobile Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Senior Relationship Manager Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹6.5 L/yr
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Marketing & Communication Senior Relationship Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.4 L/yr

Last Updated: 25 Feb 2025

Companies similar to Mahindra & Mahindra for Senior Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Senior Relationship Manager Salary 4 - 12 years exp. (43 salaries)	₹2 L/yr - ₹6 L/yr 31% less
Tata Motors Senior Relationship Manager Salary 5 - 17 years exp. (4 salaries)	₹3.5 L/yr - ₹17.4 L/yr 79% more
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Bajaj Auto Senior Relationship Manager Salary 4 - 9 years exp. (4 salaries)	₹2.7 L/yr - ₹4.7 L/yr 31% less
Hyundai Motor India Limited Senior Relationship Manager Salary 3 - 8 years exp. (3 salaries)	₹1.7 L/yr - ₹5.5 L/yr 34% less
ICICI Securities Senior Relationship Manager Salary 0 - 5 years exp. (1.1k salaries)	₹2.2 L/yr - ₹7 L/yr 26% less

Senior Relationship Manager salary at Mahindra & Mahindra ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Senior Relationship Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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3 years (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Mahindra & Mahindra

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Salary related reviews for Mahindra & Mahindra

3.0

Rated by 1 employees for salary & benefits

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra Senior Relationship Manager Salary FAQs

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

The average salary of a Senior Relationship Manager at Mahindra & Mahindra in India typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Senior Relationship Manager at Mahindra & Mahindra earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Relationship Manager Salaries at Mahindra & Mahindra 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 9 Mahindra & Mahindra employees in India.

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

The estimated take-home salary of a Senior Relationship Manager at Mahindra & Mahindra in India typically ranges from ₹41,412 to ₹42,556 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year 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 9 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Senior Relationship Manager in India?

Tata Motors

₹3.5 Lakhs to ₹17.4 Lakhs per year

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

What is the salary of a Senior Relationship Manager in companies similar to Mahindra & Mahindra in India?

The salary of a Senior Relationship Manager at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Securities	₹2.2 Lakhs to ₹7.0 Lakhs per year
Bajaj Auto	₹2.7 Lakhs to ₹4.7 Lakhs per year
Maruti Suzuki	₹2.0 Lakhs to ₹6.0 Lakhs per year
Hyundai Motor India Limited	₹1.7 Lakhs to ₹5.5 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 Senior Relationship Manager at Mahindra & Mahindra in India?

The salary growth for a Senior Relationship Manager at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Senior Relationship Manager can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
1 year	₹5.2 Lakhs to ₹6.6 Lakhs per year
2 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
3 years	₹4.5 Lakhs to ₹6.5 Lakhs per year
4 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Mahindra & Mahindra Senior Relationship Manager Salaries

Mahindra & Mahindra Senior Relationship Manager salary in India ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.