Nirmal Bang Mumbai Relationship Manager Salaries by 20+ Employees (Updated 2025)

0 - 9 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

41% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹3.4 L/yr
Marketing & Communication Relationship Manager Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr
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Finance & Accounting Relationship Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
Sales & Business Development Relationship Manager Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.4 L/yr

Last Updated: 12 Feb 2025

Companies similar to Nirmal Bang for Relationship Manager in Mumbai

Nirmal Bang Relationship Manager Salary

0 - 9 years exp. (20 salaries)

₹2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (30 salaries)	₹1.6 L/yr - ₹4.5 L/yr 10% more	1 job opening
Ocwen Financial Solutions Relationship Manager Salary 7 - 15 years exp. (16 salaries)	₹4 L/yr - ₹12 L/yr 130% more
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Axis Direct Relationship Manager Salary 0 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹5.7 L/yr 24% more
SBI Cards & Payment Services Relationship Manager Salary 3 - 12 years exp. (13 salaries)	₹2.5 L/yr - ₹5.5 L/yr 34% more
Vastu Housing Finance Relationship Manager Salary 3 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹4 L/yr 18% more
SBI Mutual Fund Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹5.5 L/yr 39% more	8 job openings
Anand Rathi: Online Stock Trading & Advisory Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹6 L/yr 15% more	9 job openings
Aadhar Housing Finance Relationship Manager Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹3.3 L/yr 10% less
Invesco Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹8.5 L/yr - ₹10 L/yr 207% more
Pine Labs Relationship Manager Salary 4 - 7 years exp. (3 salaries)	₹4.2 L/yr - ₹6.7 L/yr 90% more

Relationship Manager salary at Nirmal Bang ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 20 latest salaries received from various employees of Nirmal Bang.

Experience wise Nirmal Bang Relationship Manager salaries in Mumbai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.1 L/yr - ₹4 L/yr
1 year (3 salaries)	₹2 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

View all

Similar Designation salaries in Nirmal Bang

Team Lead Salary

(8 salaries)

₹1.8 L/yr - ₹8 L/yr

Top skills at Nirmal Bang for Relationship Manager

Equity Commodities shares Relationship Management stock broking Revenue Generation Client Acquisition Business Development Sales Currency MF demat Mutual Funds Commodity Trading Sales Management

Salary related reviews for Nirmal Bang

Settlement Department in Malad

Full Time

Other Department

3.0

• posted on 31 Aug 2022

3.0

for Salary and Benefits

Likes

NirmalBang Securities Private Limited is Renowned name in Share Broking Industry.

Dislikes

No bonus at Diwali. Others enjoying Diwali Festival & we not. Company management should think about this, atleast some lumpsome amount must be credited to employees account.

Executive in Malad

Kyc Department

4.0

• posted on 18 Oct 2021

2.0

for Salary and Benefits

Likes

Growth, Opportunity, Work Satisfaction, Manager and HOD appreciation, Healthy culture without Politics and Job Security plus company giving health insurance. HOD also supportive in work as well as in trainning, learning and doing something. If stuck he is ready to work with you on your desk for hours which means giving full attention etc. All seniors are very polite. Transport reimbursement. If anyone is not doing anything extra to learn them teaching them with the advantages and disadvantages. HOD always trying to give more more and more in terms of knowledge.

Skill development - Excellent

+5 more

Dislikes

Low salary in comparison with other companies in same industry, otherwise large size canteen, proper desk, system and HOD support to each and everyone.

Salary - Poor

Executive

Franchise servicing Department

5.0

• posted on 05 Sep 2018

5.0

for Salary and Benefits

Likes

All teammates are friendly and helpful job duties are perfect and security too is perfect I miss all these would like to get a chance to rejoice this company

Salary - Excellent

+6 more

Dislikes

There's nothing to dislike about coz all's good there

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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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Nirmal Bang Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Nirmal Bang in Mumbai?

The average salary of a Relationship Manager at Nirmal Bang in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Relationship Manager in Mumbai at Nirmal Bang earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Relationship Manager Salaries at Nirmal Bang 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 20+ Nirmal Bang employees in India.

What is the estimated take home salary of a Relationship Manager at Nirmal Bang in Mumbai?

The estimated take-home salary of a Relationship Manager at Nirmal Bang in Mumbai typically ranges from ₹22,572 to ₹24,047 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher 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 20+ salaries received from various employees of Nirmal Bang. 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 Nirmal Bang in Mumbai?

To be a Relationship Manager at Nirmal Bang in Mumbai, the key skills required include:

- Equity
- Commodities
- shares
- Relationship Management
- stock broking

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

Which companies offer higher salaries than Nirmal Bang for Relationship Manager in India?

Invesco	₹8.5 Lakhs to ₹10.0 Lakhs per year
Ocwen Financial Solutions	₹4.0 Lakhs to ₹12.0 Lakhs per year
Pine Labs	₹4.2 Lakhs to ₹6.7 Lakhs per year
SBI Mutual Fund	₹2.0 Lakhs to ₹5.5 Lakhs per year
SBI Cards & Payment Services	₹2.5 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Nirmal Bang in Mumbai?

The salary of a Relationship Manager at companies similar to Nirmal Bang in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Direct	₹2.4 Lakhs to ₹5.7 Lakhs per year
Vastu Housing Finance	₹2.4 Lakhs to ₹4.0 Lakhs per year
Anand Rathi: Online Stock Trading & Advisory	₹2.5 Lakhs to ₹6.0 Lakhs per year
Kotak Securities	₹1.6 Lakhs to ₹4.5 Lakhs per year
Aadhar Housing Finance	₹2.7 Lakhs to ₹3.3 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 Nirmal Bang in Mumbai?

The salary growth for a Relationship Manager at Nirmal Bang in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Mumbai can expect the following growth trajectory at Nirmal Bang:

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹4.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Nirmal Bang Relationship Manager Salaries in Mumbai

Nirmal Bang Relationship Manager salary in Mumbai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Nirmal Bang latest salaries received from various employees of Nirmal Bang.