Muthoot Pappachan Group Relationship Manager Salaries by 7 Employees

0 - 5 years exp.

₹2.2 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 5 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Muthoot Pappachan Group for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (970 salaries)	₹1.6 L/yr - ₹6.7 L/yr 46% more	13 job openings
HDFC Sales Relationship Manager Salary 0 - 10 years exp. (536 salaries)	₹1.5 L/yr - ₹6.1 L/yr 25% more	1 job opening
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Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (274 salaries)	₹2 L/yr - ₹9 L/yr 72% more
American Express Relationship Manager Salary 1 - 11 years exp. (247 salaries)	₹4 L/yr - ₹12 L/yr 201% more
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 9 years exp. (174 salaries)	₹1.4 L/yr - ₹5.7 L/yr 30% more	1 job opening
IDFC FIRST Bharat Relationship Manager Salary 0 - 5 years exp. (172 salaries)	₹1.7 L/yr - ₹6.2 L/yr 7% less	1 job opening
Bajaj Finserv Relationship Manager Salary 0 - 7 years exp. (134 salaries)	₹1.8 L/yr - ₹6 L/yr 49% more
Citicorp Relationship Manager Salary 4 - 10 years exp. (129 salaries)	₹5.6 L/yr - ₹20.1 L/yr 388% more
HSBC Group Relationship Manager Salary 1 - 10 years exp. (44 salaries)	₹3.4 L/yr - ₹10.3 L/yr 134% more
RBL FinServe Relationship Manager Salary 1 - 10 years exp. (29 salaries)	₹2.5 L/yr - ₹6.5 L/yr 38% more
The Muthoot Group Relationship Manager Salary 3 - 7 years exp. (9 salaries)	₹2.5 L/yr - ₹4 L/yr 23% more
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Shriram Group Relationship Manager Salary 0 - 4 years exp. (8 salaries)	₹2.5 L/yr - ₹3.8 L/yr 15% more
Marsh McLennan Relationship Manager Salary 3 - 6 years exp. (7 salaries)	₹7.6 L/yr - ₹14.5 L/yr 290% more
Karvy Financial Services Relationship Manager Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 16% less
BNP Paribas Relationship Manager Salary 3 - 8 years exp. (6 salaries)	₹11 L/yr - ₹43 L/yr 803% more
Aon Relationship Manager Salary 5 - 15 years exp. (5 salaries)	₹8 L/yr - ₹26.3 L/yr 497% more
JPMorgan Chase & Co. Relationship Manager Salary 0 - 13 years exp. (4 salaries)	₹6.2 L/yr - ₹75 L/yr 905% more

Relationship Manager salary at Muthoot Pappachan Group ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Relationship Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr

View all

Similar Designation salaries in Muthoot Pappachan Group

Relationship Officer Salary

(17 salaries)

₹1.2 L/yr - ₹2.55 L/yr

Branch Manager Salary

(38 salaries)

₹1 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(5 salaries)

₹3.15 L/yr - ₹5.55 L/yr

Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹3.6 L/yr

Area Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹11.1 L/yr

Area Manager Salary

(4 salaries)

₹4.14 L/yr - ₹5.65 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Coordinator Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.9 L/yr

Team Lead Salary

(3 salaries)

₹4.05 L/yr - ₹20.01 L/yr

Salary related reviews for Muthoot Pappachan Group

4.4

Rated by 2 employees for salary & benefits

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Salary - Excellent

+6 more

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Skill development - Good

+2 more

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Promotions - Bad

+1 more

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Company culture - Excellent

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

Skill development - Bad

+2 more

IT Engineer in Thiruvananthapuram

Information Technology Department

1.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

Company is good

Company culture - Good

Dislikes

Very less pay and compensation, except that Orion application team all other team members are good, for biotechnology students they normally give software engineer roles, for M. Tech graduates they use to give support role in non technical side, because their standards are like that, substandard company in technopark trivandrum

Salary - Bad

+4 more

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

Salary - Bad

+5 more

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Top trending discussions

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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?

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Muthoot Pappachan Group Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Pappachan Group ?

The average salary of a Relationship Manager at Muthoot Pappachan Group in India typically ranges from ₹2.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Relationship Manager at Muthoot Pappachan Group earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Relationship Manager Salaries at Muthoot Pappachan Group 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 7 Muthoot Pappachan Group employees in India.

What is the estimated take home salary of a Relationship Manager at Muthoot Pappachan Group in India?

The estimated take-home salary of a Relationship Manager at Muthoot Pappachan Group in India typically ranges from ₹19,217 to ₹20,892 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 5 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 7 salaries received from various employees of Muthoot Pappachan Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Pappachan Group for Relationship Manager in India?

JPMorgan Chase & Co.	₹6.2 Lakhs to ₹75.0 Lakhs per year
BNP Paribas	₹11.0 Lakhs to ₹43.0 Lakhs per year
Aon	₹8.0 Lakhs to ₹26.3 Lakhs per year
Citicorp	₹5.6 Lakhs to ₹20.1 Lakhs per year
Marsh McLennan	₹7.6 Lakhs to ₹14.5 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Muthoot Pappachan Group in India?

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

American Express	₹4.0 Lakhs to ₹12.0 Lakhs per year
HSBC Group	₹3.4 Lakhs to ₹10.3 Lakhs per year
Aditya Birla Capital	₹2.0 Lakhs to ₹9.0 Lakhs per year
Bajaj Finserv	₹1.8 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal Financial Services	₹1.6 Lakhs to ₹6.7 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 Muthoot Pappachan Group in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹4.8 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.2 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹2.8 Lakhs per year

and so on.

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Muthoot Pappachan Group Relationship Manager Salaries

Muthoot Pappachan Group Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.