Profitmart Securities Indore Relationship Manager Salaries by 5 Employees

0 - 3 years exp.

₹1.5 Lakh - ₹3.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Relationship Manager Salary in Internet Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Relationship Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.4 L/yr
Marketing & Communication Relationship Manager Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.1 L/yr
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Sales & Business Development Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.8 L/yr

Last Updated: 6 Jan 2024

Companies similar to Profitmart Securities for Relationship Manager in Indore

Profitmart Securities Relationship Manager Salary

0 - 3 years exp. (5 salaries)

₹1.5 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Relationship Manager Salary 1 - 10 years exp. (25 salaries)	₹3.5 L/yr - ₹5.5 L/yr 52% more	31 job openings
CARS24 Relationship Manager Salary 4 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹6.5 L/yr 62% more	2 job openings
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ICICI Bank Relationship Manager Salary 0 - 16 years exp. (618 salaries)	₹2.5 L/yr - ₹10.9 L/yr 133% more	3 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (234 salaries)	₹2.1 L/yr - ₹12 L/yr 137% more	69 job openings
Altruist Technologies Relationship Manager Salary 0 - 4 years exp. (59 salaries)	₹1.1 L/yr - ₹4 L/yr 10% less

Relationship Manager salary at Profitmart Securities ranges between ₹1.5 Lakh to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Profitmart Securities.

Experience wise Profitmart Securities Relationship Manager salaries in Indore

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Profitmart Securities

Manager in Guwahati

Finance sale Department

1.0

• posted on 29 Sep 2017

1.0

for Salary and Benefits

Likes

Company knows only to generate brokerage. Not concern about employee, if unable to do target they don't pay salary. No work timing, no job satisfaction. Don't think about customers profit. Company pressurise employee for new account acquisition only to generate brokerage coz they know that after a month or two they will finish customers money by doing illegal trading, without customers consent only to generate borkerage. Very bad work atmosphere. They are not running company, they are running a 'bania ka dukan' where you will be fired at any point of time. Even the CEO is unskilled and many more to say don't have words.

Dislikes

Already written

Salary - Bad

+6 more

Equity Research Assistant in Pune

Full Time

Finance & Accounting Department

2.0

• posted on 12 Dec 2023

2.0

for Salary and Benefits

Likes

Profitmart cares about employees and atmosphere is very good. All directors are good and passionate.

Work-life balance - Excellent

Dislikes

The company is in early stage where they trying to find answers of problems. So in this stage, the structure not fixed.

Salary - Poor

+4 more

Team Lead

Marketing & Communication Department

1.0

• posted on 26 Sep 2019

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The work pressure tooo high. Managers do not value an individual's unique strengths, which is why I have to take back my suggestions most of the times. There is no on-job training for freshers, hence seniors folks like me have to guide them step-by-step, which is a pain .

Salary - Bad

+6 more

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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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Profitmart Securities Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Profitmart Securities in Indore?

The average salary of a Relationship Manager at Profitmart Securities in Indore typically ranges from ₹1.5 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Relationship Manager in Indore at Profitmart Securities earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Relationship Manager Salaries at Profitmart Securities 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 5 Profitmart Securities employees in India.

What is the estimated take home salary of a Relationship Manager at Profitmart Securities in Indore?

The estimated take-home salary of a Relationship Manager at Profitmart Securities in Indore typically ranges from ₹20,518 to ₹22,174 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from Fresher to 3 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 5 salaries received from various employees of Profitmart Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Profitmart Securities for Relationship Manager in India?

HDFC Bank	₹2.1 Lakhs to ₹12.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹10.9 Lakhs per year
CARS24	₹3.4 Lakhs to ₹6.5 Lakhs per year
PolicyBazaar	₹3.5 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to Profitmart Securities in Indore?

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

Altruist Technologies

₹1.1 Lakhs to ₹4.0 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 Profitmart Securities in Indore?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Profitmart Securities Relationship Manager Salaries in Indore

Profitmart Securities Relationship Manager salary in Indore ranges between ₹1.5 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Profitmart Securities latest salaries received from various employees of Profitmart Securities.