Mahindra Finance Bangalore / Bengaluru Relationship Manager Salaries by 5 Employees

3 - 10 years exp.

₹3.3 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Relationship Manager Salary in NBFC Companies for 3 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Relationship Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.6 L/yr
Sales & Business Development Relationship Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
Login to view exact salary
Customer Success, Service & Operations Relationship Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.1 L/yr

Last Updated: 5 Feb 2024

Companies similar to Mahindra Finance for Relationship Manager in Bangalore / Bengaluru

Mahindra Finance Relationship Manager Salary

3 - 10 years exp. (5 salaries)

₹3.3 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Relationship Manager Salary 0 - 9 years exp. (128 salaries)	₹1.6 L/yr - ₹4.5 L/yr 17% less
IIFL Finance Relationship Manager Salary 0 - 8 years exp. (30 salaries)	₹2.1 L/yr - ₹6 L/yr 9% less	3 job openings
Login to view exact salary
L&T Finance Relationship Manager Salary 1 - 7 years exp. (13 salaries)	₹4 L/yr - ₹9 L/yr 81% more
Kotak Mahindra Prime Relationship Manager Salary 1 - 7 years exp. (10 salaries)	₹2 L/yr - ₹7.5 L/yr 19% more
Poonawalla Fincorp Relationship Manager Salary 0 - 6 years exp. (10 salaries)	₹3.5 L/yr - ₹6 L/yr 44% more
TVS Credit Relationship Manager Salary 4 - 12 years exp. (7 salaries)	₹5.2 L/yr - ₹7 L/yr 40% more
Sammaan Capital Limited Relationship Manager Salary 2 - 9 years exp. (7 salaries)	₹2.3 L/yr - ₹4.9 L/yr 3% less	10 job openings
Shriram Finance Relationship Manager Salary 1 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹4.3 L/yr 6% less
Bajaj Finance Relationship Manager Salary 1 - 10 years exp. (5 salaries)	₹1.9 L/yr - ₹5.5 L/yr 17% more	71 job openings
SMFG India Credit Relationship Manager Salary 0 - 8 years exp. (5 salaries)	₹3.8 L/yr - ₹4.9 L/yr 7% more	3 job openings
Manappuram Finance Relationship Manager Salary 1 - 14 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 4% less
Login to view exact salary
Bharat Financial Inclusion Relationship Manager Salary 1 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 18% less
Muthoot Finance Relationship Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹2.8 L/yr 31% less

Relationship Manager salary at Mahindra Finance ranges between ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(12 salaries)

₹4.9 L/yr - ₹12 L/yr

Top skills at Mahindra Finance for Relationship Manager

Cross Selling Bonds Customer Acquisition Mutual Funds Insurance Fixed Deposits Sales SIP Market Analysis Relationship Management Business Development Edifact Finance Channel Sales Distribution

Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Business Development Executive in Nagaon

Research & Development Department

3.0

• posted on 22 Oct 2021

2.0

for Salary and Benefits

Likes

Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

Skill development - Good

Dislikes

There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

Salary - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Mahindra Finance in Bangalore / Bengaluru?

The average salary of a Relationship Manager at Mahindra Finance in Bangalore / Bengaluru typically ranges from ₹3.3 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Relationship Manager in Bangalore / Bengaluru at Mahindra Finance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Relationship Manager Salaries at Mahindra 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 5 Mahindra Finance employees in India.

What is the estimated take home salary of a Relationship Manager at Mahindra Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Relationship Manager at Mahindra Finance in Bangalore / Bengaluru typically ranges from ₹28,595 to ₹29,981 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 3 years to 10 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 5 salaries received from various employees of Mahindra 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 Mahindra Finance in Bangalore / Bengaluru?

To be a Relationship Manager at Mahindra Finance in Bangalore / Bengaluru, the key skills required include:

- Cross Selling
- Bonds
- Customer Acquisition
- Mutual Funds
- Insurance

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

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

L&T Finance	₹4.0 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp	₹3.5 Lakhs to ₹6.0 Lakhs per year
TVS Credit	₹5.2 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra Prime	₹2.0 Lakhs to ₹7.5 Lakhs per year
Bajaj Finance	₹1.9 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Mahindra Finance in Bangalore / Bengaluru?

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

SMFG India Credit	₹3.8 Lakhs to ₹4.9 Lakhs per year
Sammaan Capital Limited	₹2.3 Lakhs to ₹4.9 Lakhs per year
Manappuram Finance	₹2.5 Lakhs to ₹5.0 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹4.3 Lakhs per year
IIFL Finance	₹2.1 Lakhs to ₹6.0 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 Mahindra Finance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Relationship Manager Salaries >
Mahindra Finance Relationship Manager Salaries in Bangalore / Bengaluru

Mahindra Finance Relationship Manager salary in Bangalore / Bengaluru ranges between ₹3.3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Relationship Manager salaries in Bangalore / Bengaluru

Companies similar to Mahindra Finance for Relationship Manager in Bangalore / Bengaluru

Latest annual salaries shared by Mahindra Finance Relationship Manager in Bangalore / Bengaluru

Experience wise Mahindra Finance Relationship Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Relationship Manager

Salary related reviews for Mahindra Finance

Relationship Manager in Chandigarh

Sales Executive in Salem

Deputy Manager in Mumbai

Sales Executive in Derabassi

Business Development Executive in Nagaon

Mahindra Finance Relationship Manager Salary FAQs

Tell us how to improve this page.