PolicyBazaar Mumbai Relationship Manager Salaries by 40+ Employees (Updated 2025)

0 - 10 years exp.

₹2.9 Lakhs - ₹5.5 Lakhs

Salary of majority employees

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)	₹3.2 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Relationship Manager Salary 2 - 10 years exp. (6 salaries)	₹3.3 L/yr - ₹5 L/yr
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Marketing & Communication Relationship Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹4.6 L/yr
Finance & Accounting Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹4 L/yr - ₹4.7 L/yr
Customer Success, Service & Operations Relationship Manager Salary 4 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹4.5 L/yr

Last Updated: 19 Mar 2025

Companies similar to PolicyBazaar for Relationship Manager in Mumbai

PolicyBazaar Relationship Manager Salary

0 - 10 years exp. (44 salaries)

₹2.9 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Square Yards Relationship Manager Salary 0 - 8 years exp. (46 salaries)	₹2.2 L/yr - ₹4.5 L/yr 20% less
Care Health Insurance Relationship Manager Salary 1 - 7 years exp. (30 salaries)	₹2.2 L/yr - ₹5.3 L/yr 26% less
Login to view exact salary
Indiamart Intermesh Relationship Manager Salary 1 - 11 years exp. (26 salaries)	₹4.5 L/yr - ₹8.5 L/yr 59% more	4 job openings
CARS24 Relationship Manager Salary 1 - 11 years exp. (26 salaries)	₹2.5 L/yr - ₹6 L/yr 7% more	2 job openings
Matrimony.com Relationship Manager Salary 4 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.2 L/yr 21% less	1 job opening
JustDial Relationship Manager Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.2 L/yr 33% less
Ola Cabs Relationship Manager Salary 6 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7.5 L/yr 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.

Experience wise PolicyBazaar Relationship Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹3.6 L/yr - ₹4 L/yr
1 year (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr
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2 years (5 salaries)	₹1.5 L/yr - ₹5 L/yr
3 years (8 salaries)	₹3 L/yr - ₹4.6 L/yr
4 years (7 salaries)	₹3.3 L/yr - ₹4.6 L/yr
5 years (6 salaries)	₹3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
7 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (5 salaries)	₹3.8 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in PolicyBazaar

Deputy Manager Salary

(4 salaries)

₹9.5 L/yr - ₹14.3 L/yr

Area Sales Manager Salary

(3 salaries)

₹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

Relationship Manager in Faridabad

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

Salary - Excellent

+3 more

Dislikes

work life balance not matching

Relationship Manager in Gurgaon / Gurugram

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.

Salary - Bad

+6 more

Relationship Manager in Surat

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.

Job security - Bad

+1 more

Relationship Manager in Gurgaon / Gurugram

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.

Relationship Manager in Palghar

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

Skill development - Bad

+5 more

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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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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.

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PolicyBazaar Relationship Manager Salaries in Mumbai

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