Mahindra Finance Bangalore / Bengaluru Relationship Manager Salaries by 5 Employees (Updated 2025)

3 - 10 years exp.

₹3.3 Lakhs - ₹4.6 Lakhs

Salary of majority employees

30% less than the average Relationship Manager Salary in NBFC Companies for 3 - 10 years of experience

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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 - ₹4.2 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 10 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 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
HDFC Bank Relationship Manager Salary 0 - 16 years exp. (793 salaries)	₹2.8 L/yr - ₹12.5 L/yr 104% more	21 job openings
ICICI Bank Relationship Manager Salary 0 - 18 years exp. (1.4k salaries)	₹2.4 L/yr - ₹11 L/yr 94% more	8 job openings
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Axis Bank Relationship Manager Salary 0 - 13 years exp. (273 salaries)	₹2.5 L/yr - ₹10.7 L/yr 94% more	3 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 10 years exp. (250 salaries)	₹2 L/yr - ₹9.8 L/yr 62% more	3 job openings
Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (5 salaries)	₹1.9 L/yr - ₹5.5 L/yr 13% more
Tata Capital Relationship Manager Salary 0 - 12 years exp. (20 salaries)	₹5.3 L/yr - ₹15 L/yr 177% more	78 job openings
Aditya Birla Finance Relationship Manager Salary 0 - 8 years exp. (11 salaries)	₹3.5 L/yr - ₹10 L/yr 38% more
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (85 salaries)	₹2.7 L/yr - ₹12.7 L/yr 105% more	83 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (67 salaries)	₹3.1 L/yr - ₹11.8 L/yr 113% more	13 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 10 years exp. (68 salaries)	₹2.2 L/yr - ₹10.5 L/yr 71% more	14 job openings
HDB Financial Services Relationship Manager Salary 0 - 9 years exp. (125 salaries)	₹1.6 L/yr - ₹4.5 L/yr 15% less	3 job openings
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IIFL Finance Relationship Manager Salary 1 - 8 years exp. (30 salaries)	₹2.1 L/yr - ₹6 L/yr 8% less
Edelweiss Relationship Manager Salary 0 - 8 years exp. (28 salaries)	₹2.7 L/yr - ₹5.7 L/yr 14% more
Aditya Birla Capital Relationship Manager Salary 0 - 7 years exp. (24 salaries)	₹2.5 L/yr - ₹5 L/yr 21% more
Kotak Mahindra Prime Relationship Manager Salary 1 - 9 years exp. (11 salaries)	₹2 L/yr - ₹7.8 L/yr 14% more
L&T Finance Relationship Manager Salary 1 - 4 years exp. (9 salaries)	₹4 L/yr - ₹9 L/yr 88% more
Poonawalla Fincorp Relationship Manager Salary 0 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹6 L/yr 56% more
TVS Credit Relationship Manager Salary 4 - 12 years exp. (7 salaries)	₹5.2 L/yr - ₹7 L/yr 46% more
Sammaan Capital Limited Relationship Manager Salary 2 - 9 years exp. (7 salaries)	₹2.3 L/yr - ₹4.9 L/yr 1% less	11 job openings
Shriram Finance Relationship Manager Salary 1 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹4.3 L/yr 4% less

View all

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 - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(11 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

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

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Finance Relationship Manager Salary FAQs

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

Relationship Manager salary at Mahindra Finance in Bangalore / Bengaluru ranges between ₹3.3 Lakhs to ₹4.6 Lakhs for experience between 3 years to 10 years. According to our estimates it is 30% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance Bangalore / Bengaluru.

How does the salary of a Relationship Manager at Mahindra Finance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Relationship Manager at Mahindra Finance is 30% less than the average salary of a Relationship Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Mahindra Finance?

Cross Selling, Bonds, Customer Acquisition, Mutual Funds and Insurance are some of the popular skills required to work as a Relationship Manager at Mahindra Finance Bangalore / Bengaluru.

Which similar companies are paying more than Mahindra Finance to a Relationship Manager in Bangalore / Bengaluru?

Tata Capital Relationship Manager Salary - ₹5.3 Lakhs to ₹15.0 Lakhs per year
Yes Bank Relationship Manager Salary - ₹3.1 Lakhs to ₹11.8 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹2.7 Lakhs to ₹12.7 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹12.5 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹10.7 Lakhs per year

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

ICICI Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹11.0 Lakhs per year
L&T Finance Relationship Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank Relationship Manager Salary - ₹2.2 Lakhs to ₹10.5 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
Poonawalla Fincorp Relationship Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

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 ranges between ₹27,257 per month to ₹28,662 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Mahindra Finance Relationship Manager salary in India which ranges between ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Mahindra Finance in Bangalore / Bengaluru?

According to AmbitionBox, 50% of the Mahindra Finance Relationship Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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

Deputy Manager in Mumbai

Sales Executive in Derabassi

Business Development Executive in Nagaon

Sales Executive in Moradabad

Mahindra Finance Relationship Manager Salary FAQs

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