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PolicyBazaar Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.9 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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21% less than the average Relationship Manager Salary in Internet Companies for 0 - 10 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
0 - 9 years exp. (14 salaries)
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₹3.2 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
2 - 10 years exp. (6 salaries)
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₹3.3 L/yr - ₹5 L/yr

Marketing & Communication
Relationship Manager Salary
2 - 9 years exp. (5 salaries)
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₹3 L/yr - ₹4.6 L/yr

Finance & Accounting
Relationship Manager Salary
3 - 9 years exp. (4 salaries)
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₹4 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
4 - 6 years exp. (3 salaries)
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₹2.9 L/yr - ₹4.5 L/yr

Last Updated: 19 Mar 2025

Companies similar to PolicyBazaar for Relationship Manager in Mumbai

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PolicyBazaar Relationship Manager Salary

0 - 10 years exp. (44 salaries)

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₹2.9 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Square Yards Relationship Manager Salary

0 - 8 years exp. (46 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 20% less
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₹2.2 L/yr - ₹5.3 L/yr

arrow icon 26% less
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Indiamart Intermesh Relationship Manager Salary

1 - 11 years exp. (26 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 59% more
4 job openings
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CARS24 Relationship Manager Salary

1 - 11 years exp. (26 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 7% more
2 job openings
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Matrimony.com Relationship Manager Salary

4 - 8 years exp. (7 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 21% less
1 job opening
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JustDial Relationship Manager Salary

1 - 7 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 33% less
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Ola Cabs Relationship Manager Salary

6 - 10 years exp. (4 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 14% more
Relationship Manager salary at PolicyBazaar ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 44 latest salaries received from various employees of PolicyBazaar.

Latest annual salaries shared by PolicyBazaar Relationship Manager in Mumbai

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Experience wise PolicyBazaar Relationship Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹3.6 L/yr - ₹4 L/yr
1 year  (3 salaries)

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₹3.3 L/yr - ₹4.5 L/yr
2 years  (5 salaries)

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₹1.5 L/yr - ₹5 L/yr
3 years  (8 salaries)

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₹3 L/yr - ₹4.6 L/yr
4 years  (7 salaries)

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₹3.3 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in PolicyBazaar

Deputy Manager Salary
(4 salaries)
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₹9.5 L/yr - ₹14.3 L/yr
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₹7 L/yr - ₹8.52 L/yr

Top skills at PolicyBazaar for Relationship Manager

Insurance Sales Sales Field Sales Direct Sales Insurance Health Insurance General Insurance Retail Sales Insurance Broking B2C Relationship Management Life Insurance Field Sales Insurance Sales Switching

Salary related reviews for PolicyBazaar

3.9

Rated by 12 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 30 Sep 2023

5.0
 for  Salary and Benefits

Likes

I'm in FOS PROCESS Sabkuch badhiya hai....acchi salary accha staff but work life balance bilkul bhi nhi hai....AGAR subh 8 bje ki lead aai hai to Jana padega raat ke 9 bje lead aai hai to jaana padega

read more
  • Salary - Excellent
  • +3 more

Dislikes

work life balance not matching

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Aug 2023

1.0
 for  Salary and Benefits

Likes

The timing is fixed which is good. And you will get salary on time.

Dislikes

Work environment, no support from senior, lot of work pressure, no appraisal until you kill yourself at work, no promotion, no incentive, no one talk in a proper manner and senior will treat you like shit. Your ambition will die and confidence will get killed by them. No growth.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 26 Oct 2023

3.0
 for  Salary and Benefits

Likes

Here I am getting to learn something, I am happy with that, all other experiences are bad.

  • Skill development - Excellent

Dislikes

Salary is good, but there is a lot of mentally torture in front of it, there is no time to work, still there is disrespect, personal experience is bad.

read more
  • Job security - Bad
  • +1 more

Full Time

 · 

Healthcare & Life Sciences Department

4.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Huge incentive in policybazaar is positive point.

  • Salary - Good

Dislikes

Company will not give you government holiday off neither double pay for working on that day. When you will resign then they will not provide last 3 months incentive.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Feb 2023

3.0
 for  Salary and Benefits

Likes

Nothing here is to be liked about...only salary is good thats it...

Dislikes

Worts working culture and seniors don't have proper knowledge about the products too...all they want is sales..and any requirement is needed to customer after sales..they just hand over an email id and say tell customer to mail on this email id

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  • Skill development - Bad
  • +5 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

PolicyBazaar Relationship Manager Salary FAQs

What is the salary of Relationship Manager at PolicyBazaar in Mumbai?
The average salary of a Relationship Manager at PolicyBazaar in Mumbai typically ranges from ₹2.9 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Relationship Manager in Mumbai at PolicyBazaar earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Relationship Manager Salaries at PolicyBazaar 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 40+ PolicyBazaar employees in India.
What is the estimated take home salary of a Relationship Manager at PolicyBazaar in Mumbai?
The estimated take-home salary of a Relationship Manager at PolicyBazaar in Mumbai typically ranges from ₹30,971 to ₹32,270 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 10 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 40+ salaries received from various employees of PolicyBazaar. 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 PolicyBazaar in Mumbai?
To be a Relationship Manager at PolicyBazaar in Mumbai, the key skills required include:

  • - Insurance Sales
  • - Sales
  • - Field Sales
  • - Direct Sales
  • - Insurance

These skills are highly valued at PolicyBazaar and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than PolicyBazaar for Relationship Manager in India?
Indiamart Intermesh ₹4.5 Lakhs to ₹8.5 Lakhs per year
Ola Cabs ₹4.0 Lakhs to ₹7.5 Lakhs per year
CARS24 ₹2.5 Lakhs to ₹6.0 Lakhs per year

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

Square Yards ₹2.2 Lakhs to ₹4.5 Lakhs per year
Matrimony.com ₹2.5 Lakhs to ₹4.2 Lakhs per year
Care Health Insurance ₹2.2 Lakhs to ₹5.3 Lakhs per year
JustDial ₹2.4 Lakhs to ₹3.2 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 PolicyBazaar in Mumbai?
The salary growth for a Relationship Manager at PolicyBazaar 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 PolicyBazaar:

Experience Average Salary Range
Fresher ₹3.6 Lakhs to ₹4.0 Lakhs per year
1 year ₹3.3 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.5 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹4.6 Lakhs per year
and so on.

Tell us how to improve this page.

PolicyBazaar Relationship Manager salary in Mumbai ranges between ₹2.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 PolicyBazaar latest salaries received from various employees of PolicyBazaar.