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Mahindra Finance Relationship Manager salaries in Indore

Annual salary range
0 - 6 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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31% less than the average Relationship Manager Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Relationship Manager Salary
1 - 6 years exp. (4 salaries)
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₹3.3 L/yr - ₹6 L/yr

Finance & Accounting
Relationship Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.8 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Marketing & Communication
Relationship Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.3 L/yr

Last Updated: 4 Dec 2024

Companies similar to Mahindra Finance for Relationship Manager in Indore

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Mahindra Finance Relationship Manager Salary

0 - 6 years exp. (11 salaries)

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₹2.5 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (235 salaries)

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₹1.8 L/yr - ₹12 L/yr

arrow icon 70% more
19 job openings
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ICICI Bank Relationship Manager Salary

0 - 16 years exp. (596 salaries)

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₹2.5 L/yr - ₹11 L/yr

arrow icon 68% more
8 job openings
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Tata Capital Relationship Manager Salary

3 - 6 years exp. (7 salaries)

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₹9.1 L/yr - ₹16 L/yr

arrow icon 145% more
92 job openings
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IndusInd Bank Relationship Manager Salary

0 - 13 years exp. (39 salaries)

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₹2.4 L/yr - ₹12.5 L/yr

arrow icon 86% more
82 job openings
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Yes Bank Relationship Manager Salary

0 - 10 years exp. (32 salaries)

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₹3.3 L/yr - ₹12 L/yr

arrow icon 81% more
11 job openings
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IDFC FIRST Bank Relationship Manager Salary

1 - 11 years exp. (36 salaries)

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₹2.2 L/yr - ₹9.5 L/yr

arrow icon 49% more
13 job openings
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IIFL Finance Relationship Manager Salary

1 - 7 years exp. (40 salaries)

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₹1.4 L/yr - ₹6 L/yr

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₹2.8 L/yr - ₹5 L/yr

arrow icon 1% less
12 job openings
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Aavas Financiers Relationship Manager Salary

1 - 7 years exp. (19 salaries)

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₹2.6 L/yr - ₹5 L/yr

arrow icon 8% less
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Edelweiss Relationship Manager Salary

1 - 8 years exp. (14 salaries)

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₹2.9 L/yr - ₹6 L/yr

arrow icon 13% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 48% more
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₹3.2 L/yr - ₹5 L/yr

arrow icon 6% less
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₹2.1 L/yr - ₹5.7 L/yr

arrow icon 11% less
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₹2.8 L/yr - ₹6.2 L/yr

arrow icon 16% more
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₹2.4 L/yr - ₹4 L/yr

arrow icon 20% less
1 job opening
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Shriram Finance Relationship Manager Salary

0 - 10 years exp. (3 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 8% less
Relationship Manager salary at Mahindra Finance ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Relationship Manager in Indore

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Experience wise Mahindra Finance Relationship Manager salaries in Indore

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.7 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary
(8 salaries)
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₹4 L/yr - ₹8.6 L/yr
Branch Manager Salary
(5 salaries)
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₹3.5 L/yr - ₹6.7 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

5.0

Rated by 1 employees for salary & benefits

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.

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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.

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  • Salary - Bad
    +6 more

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.

read more
  • Salary - Excellent
    +6 more

Dislikes

So far no issues.

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.

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  • Salary - Excellent
    +5 more

Dislikes

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

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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.

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  • 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...

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  • Salary - Poor
    +1 more

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.

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  • 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.

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Mahindra Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Mahindra Finance Indore?
Relationship Manager salary at Mahindra Finance in Indore ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 31% less than the average Relationship Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance Indore.
How does the salary of a Relationship Manager at Mahindra Finance Indore compare with the average salary range for this job?
The average salary of a Relationship Manager at Mahindra Finance is 31% less than the average salary of a Relationship Manager in Indore. 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 Indore.
Which similar companies are paying more than Mahindra Finance to a Relationship Manager in Indore?
  • Tata Capital Relationship Manager Salary - ₹9.1 Lakhs to ₹16.0 Lakhs per year
  • IndusInd Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹12.5 Lakhs per year
  • Yes Bank Relationship Manager Salary - ₹3.3 Lakhs to ₹12.0 Lakhs per year
  • HDFC Bank Relationship Manager Salary - ₹1.8 Lakhs to ₹12.0 Lakhs per year
  • ICICI Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Mahindra Finance in Indore?
  • IDFC FIRST Bank Relationship Manager Salary - ₹2.2 Lakhs to ₹9.5 Lakhs per year
  • Poonawalla Fincorp Relationship Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • Aditya Birla Capital Relationship Manager Salary - ₹2.8 Lakhs to ₹6.2 Lakhs per year
  • Edelweiss Relationship Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
  • Sammaan Capital Limited Relationship Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Mahindra Finance in Indore?
The estimated take-home salary of a Relationship Manager at Mahindra Finance ranges between ₹29,358 per month to ₹30,732 per month in Indore. The take-home salary calculation is based on the average Mahindra Finance Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Mahindra Finance in Indore?
According to AmbitionBox, 67% of the Mahindra Finance Relationship Managers in Indore reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Relationship Manager salary in Indore ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Mahindra Finance latest salaries received from various employees of Mahindra Finance.