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PNB MetLife Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 9 years exp.
₹2.1 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
2 - 9 years exp. (44 salaries)
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₹2.1 L/yr - ₹4.3 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
0 - 9 years exp. (15 salaries)
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₹2.8 L/yr - ₹4 L/yr

Sales & Business Development
Relationship Manager Salary
1 - 8 years exp. (9 salaries)
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₹2.7 L/yr - ₹4.5 L/yr

Marketing & Communication
Relationship Manager Salary
0 - 4 years exp. (5 salaries)
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₹3.2 L/yr - ₹3.9 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 3 years exp. (4 salaries)
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₹3 L/yr - ₹3.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to PNB MetLife for Relationship Manager in Mumbai

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PNB MetLife Relationship Manager Salary

0 - 9 years exp. (100 salaries)

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₹2.1 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹5 L/yr

arrow icon 11% more
39 job openings
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HDFC Life Relationship Manager Salary

0 - 8 years exp. (93 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 2% less
6 job openings
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 5% less
22 job openings
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₹2.2 L/yr - ₹7.8 L/yr

arrow icon 16% more
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₹2 L/yr - ₹7 L/yr

arrow icon 32% more
1 job opening
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 5% less
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 4% less
16 job openings
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₹2.2 L/yr - ₹5 L/yr

arrow icon 4% more
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₹3 L/yr - ₹6.3 L/yr

arrow icon 8% more
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 10% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 8% less
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₹3.2 L/yr - ₹5 L/yr

arrow icon 12% more
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 64% more
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Marsh Relationship Manager Salary

3 - 6 years exp. (3 salaries)

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₹13.8 L/yr - ₹17 L/yr

arrow icon 297% more
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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 30% more
Relationship Manager salary at PNB MetLife ranges between ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 100 latest salaries received from various employees of PNB MetLife.

Latest annual salaries shared by PNB MetLife Relationship Manager in Mumbai

2w ago
₹3.8 Lakhs
9 months exp.
2w ago
₹3.8 Lakhs
7 years exp.
1mo ago
₹3.5 Lakhs
3 years exp.
1mo ago
₹3.6 Lakhs
6 years exp.
1mo ago
₹3 Lakhs
4 years exp.
2mo ago
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2 years exp.
5mo ago
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3 years exp.
5mo ago
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9 years exp.
6mo ago
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5 years exp.
7mo ago
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4 years exp.

Experience wise PNB MetLife Relationship Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2.9 L/yr - ₹3.8 L/yr
1 year  (6 salaries)

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₹2.5 L/yr - ₹6.2 L/yr
2 years  (17 salaries)

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₹2 L/yr - ₹4.5 L/yr
3 years  (16 salaries)

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₹2.8 L/yr - ₹4 L/yr
4 years  (24 salaries)

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₹2.5 L/yr - ₹4.3 L/yr
View all
PNB MetLife Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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0 - 12 years exp.

Senior Territory Sales Manager

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5 - 15 years exp.

Relationship Manager

0 - 12 years exp.
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Senior Relationship Manager

1 - 11 years exp.
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arrow icon 29% hike

Territory Sales Manager

4 - 13 years exp.
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arrow icon 17% hike

From

To

Relationship Manager

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0 - 12 years exp.

Senior Regional Head

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17 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in PNB MetLife

Deputy Manager Salary
(52 salaries)
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₹4 L/yr - ₹12.58 L/yr
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₹5 L/yr - ₹10.2 L/yr
Sales Manager Salary
(4 salaries)
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₹3 L/yr - ₹4 L/yr
Branch Manager Salary
(3 salaries)
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₹10 L/yr - ₹12.5 L/yr

Top skills at PNB MetLife for Relationship Manager

Sales Bancassurance Salesforce Bancassurance Client Satisfaction Research Product Service Customer Service Life Insurance Relationship Relationship Management Switching IT Support banca sales Customer Service

Salary related reviews for PNB MetLife

2.1

Rated by 9 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 01 Aug 2024

1.0
 for  Salary and Benefits

Likes

...r banca channel. I was handling 3 branches in 3 cities. Got very bad experience. My last month salary, my travel claim everything is not clear yet, and given me 1 day relieve... Pathetic work culture. That banks, which have tie up they also not given any business by saying reasons like, in last 2-3 year PNB MetLife not given services properly. And your employees frequently changes the jobs and we need to face customer... Customer's maturity amount is hold for 7 months after maturity... Operation team also not supportive for ground level Emp. But seniors wants business only... In PNB METLIFE Seniors shouting for business and customers shouting for service.. as a employee we were taking salary for harrasment only not for our duty.

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Dislikes

...r banca channel. I was handling 3 branches in 3 cities. Got very bad experience. My last month salary, my travel claim everything is not clear yet, and given me 1 day relieve... Pathetic work culture. That banks, which have tie up they also not given any business by saying one reasons like, in last 2-3 years PNB MetLife not given services properly. and your employees frequently changes the jobs and we need to face customers... Customer's maturity amount is hold for 7 months after maturity.... Operations team also not supportive for ground level elp. But seniors wants business only... In PNB MetLife seniors shouting for business and customers shouting for service.. as a employee we were taking salary for harrasment only not for our duty.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Feb 2024

1.0
 for  Salary and Benefits

Likes

There nothing to like in pnb METLIFE. This is worst company I have worked with. They will not give you salary. Manager will pressurze you every single minute. This is my strong advice to everyone to not join this company. Upper management will not hear you. They always listen to you manager. Manager always pushes you to sale either it is ethical or unethical. They will never support you.

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Dislikes

Manager support miss saling. My manager hold my salary of last 2 months. They always threatened you. Your attendance is in your report managers hand. They hire you and from 2 month they will start fire you. They will make so much pressure that you can't bear. This my very humble request to all who is read to this please don't join this company at any cost.

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  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 03 Jan 2023

5.0
 for  Salary and Benefits

Likes

If you want to work in a company to earn good salary and then good incentives, then this company can be a perfect choice for you.

read more
  • Salary - Excellent
  • +6 more

Dislikes

This insurance company is not technically strong. Insurance companies have their own applications, but this company has many shortcomings of such applications. The product training in the company is also very poor. The company has some applications of its own, but they also do not work well. For Customer Login, one has to login through the browser. The customer support system of this company is also very poor.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 20 Jun 2023

2.0
 for  Salary and Benefits

Likes

Technically sound company....

Dislikes

...were terminated by company......Means you will face professnal carreir gap.... Pnb metlife never increment your salary single rupees per year......Even if you work for 5-7 years, until you get promoted. But promotion in pnb metlife is dificult, there are many parametres....Less than 1% employee able to get ptomoted.....I work in pnb metlife for many years...

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 26 Oct 2023

1.0
 for  Salary and Benefits

Likes

Good company, my experience with pnb MetLife good in PNB Bank. Quick process of issuance and claim settlement. Advanced digital marketing services well.

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  • Work satisfaction - Excellent
  • +1 more

Dislikes

HR system very poor and salary related attendance by report manager approval is ❓❓, not Good company for all ,it's only good for joker 🃏 staffs, but company management is not handle any issues and problems. Any one not making attendance issues, I lost 45 days of my salary even though working in PNB Metlife.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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PNB MetLife Relationship Manager Salary FAQs

What is the salary of Relationship Manager at PNB MetLife in Mumbai?
The average salary of a Relationship Manager at PNB MetLife in Mumbai typically ranges from ₹2.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Relationship Manager in Mumbai at PNB MetLife earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Relationship Manager Salaries at PNB MetLife 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 100+ PNB MetLife employees in India.
What is the estimated take home salary of a Relationship Manager at PNB MetLife in Mumbai?
The estimated take-home salary of a Relationship Manager at PNB MetLife in Mumbai typically ranges from ₹26,629 to ₹28,044 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.5 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 100+ salaries received from various employees of PNB MetLife. 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 PNB MetLife in Mumbai?
To be a Relationship Manager at PNB MetLife in Mumbai, the key skills required include:

  • - Sales
  • - Bancassurance
  • - Salesforce
  • - Bancassurance
  • - Client Satisfaction

These skills are highly valued at PNB MetLife and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than PNB MetLife for Relationship Manager in India?
Marsh ₹13.8 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Health Insurance Co ₹5.5 Lakhs to ₹6.2 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹7.0 Lakhs per year
Shriram Life Insurance ₹4.5 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹7.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PNB MetLife, depending on the role and experience level.
What is the salary of a Relationship Manager in companies similar to PNB MetLife in Mumbai?
The salary of a Relationship Manager at companies similar to PNB MetLife in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹3.2 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance ₹2.5 Lakhs to ₹4.6 Lakhs per year
SBI General Insurance ₹3.0 Lakhs to ₹6.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹5.0 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 PNB MetLife in Mumbai?
The salary growth for a Relationship Manager at PNB MetLife 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 PNB MetLife:

Experience Average Salary Range
Fresher ₹2.9 Lakhs to ₹3.8 Lakhs per year
1 year ₹2.5 Lakhs to ₹6.2 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.8 Lakhs to ₹4.0 Lakhs per year
and so on.

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PNB MetLife Relationship Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 100 PNB MetLife latest salaries received from various employees of PNB MetLife.