RAKBANK Relationship Manager Salaries by 10 Employees

5 - 17 years exp.

₹12 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

360% more than the average Relationship Manager Salary in Banking Companies for 5 - 17 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 6 - 14 years exp. (5 salaries)	₹9.5 L/yr - ₹32 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 11 - 14 years exp. (3 salaries)	₹17.8 L/yr - ₹33 L/yr

Last Updated: 6 Aug 2023

Companies similar to RAKBANK for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (13.1k salaries)	₹2.3 L/yr - ₹11.5 L/yr 69% less
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.2k salaries)	₹2 L/yr - ₹12.5 L/yr 70% less	64 job openings
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Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.5 L/yr - ₹10 L/yr 74% less	5 job openings
Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.8k salaries)	₹2.5 L/yr - ₹12 L/yr 68% less	5 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	₹3 L/yr - ₹12.5 L/yr 66% less	143 job openings
Yes Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	₹3 L/yr - ₹13.6 L/yr 66% less	10 job openings
RBL Bank Relationship Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.7 L/yr - ₹8.5 L/yr 80% less	7 job openings
City Union Bank Relationship Manager Salary 0 - 7 years exp. (687 salaries)	₹1.8 L/yr - ₹7 L/yr 82% less
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (660 salaries)	₹2 L/yr - ₹11.3 L/yr 72% less	5 job openings
Jana Small Finance Bank Relationship Manager Salary 0 - 11 years exp. (478 salaries)	₹1.9 L/yr - ₹7 L/yr 82% less	3 job openings
Bandhan Bank Relationship Manager Salary 0 - 13 years exp. (259 salaries)	₹1.6 L/yr - ₹9.2 L/yr 79% less
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Ujjivan Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (272 salaries)	₹2.1 L/yr - ₹8.2 L/yr 78% less	1 job opening
Federal Bank Relationship Manager Salary 0 - 4 years exp. (244 salaries)	₹2 L/yr - ₹4 L/yr 86% less
Utkarsh Small Finance Bank Relationship Manager Salary 1 - 9 years exp. (142 salaries)	₹1.8 L/yr - ₹7.6 L/yr 80% less
Karur Vysya Bank Relationship Manager Salary 1 - 11 years exp. (103 salaries)	₹3.1 L/yr - ₹10 L/yr 74% less	2 job openings
IDBI Bank Relationship Manager Salary 0 - 11 years exp. (58 salaries)	₹7.1 L/yr - ₹23 L/yr 36% less
South Indian Bank Relationship Manager Salary 3 - 13 years exp. (25 salaries)	₹8 L/yr - ₹20 L/yr 42% less
Shinhan Bank Relationship Manager Salary 1 - 13 years exp. (20 salaries)	₹4.6 L/yr - ₹15.6 L/yr 55% less
Mashreq Bank Relationship Manager Salary 1 - 12 years exp. (19 salaries)	₹6.8 L/yr - ₹20.4 L/yr 44% less
First Abu Dhabi Bank Relationship Manager Salary 2 - 10 years exp. (11 salaries)	₹7 L/yr - ₹18 L/yr 43% less

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Relationship Manager salary at RAKBANK ranges between ₹12 Lakhs to ₹40 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 10 latest salaries received from various employees of RAKBANK.

Experience wise RAKBANK Relationship Manager salaries

Last Updated: 6 Aug 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹24.8 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹27.9 L/yr
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7 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
8 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
9 years (AmbitionBox Estimate)	₹15 L/yr - ₹37.2 L/yr
10 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr
11 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹33 L/yr
12 years (AmbitionBox Estimate)	₹23.3 L/yr - ₹29.8 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹33 L/yr
14 years (3 salaries)	₹11.7 L/yr - ₹40 L/yr
15+ years (AmbitionBox Estimate)	₹13.1 L/yr - ₹33 L/yr

View all

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Area Manager Salary

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Sales Coordinator Salary

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₹93.1 L/yr - ₹102.9 L/yr

Sales Officer Salary

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Team Lead Salary

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Senior Sales Officer Salary

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Salary related reviews for RAKBANK

3.7

Rated by 5 employees for salary & benefits

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Skill development - Good

+5 more

Dislikes

Only Salary is a matter of concern rest everything is alright.

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Salary - Bad

+6 more

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Salary - Bad

+3 more

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Salary - Good

+5 more

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Skill development - Good

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

Job security - Poor

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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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RAKBANK Relationship Manager Salary FAQs

What is the salary of Relationship Manager at RAKBANK ?

The average salary of a Relationship Manager at RAKBANK in India typically ranges from ₹12.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Relationship Manager at RAKBANK earn more than ₹36.5 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Relationship Manager Salaries at RAKBANK 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 10 RAKBANK employees in India.

What is the estimated take home salary of a Relationship Manager at RAKBANK in India?

The estimated take-home salary of a Relationship Manager at RAKBANK in India typically ranges from ₹1,49,284 to ₹1,54,897 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 5 years to 17 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 10 salaries received from various employees of RAKBANK. Check how we calculate in-hand salary with our in-hand salary calculator.

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

HSBC Global Banking and Markets

₹13.3 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to RAKBANK in India?

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

Emirates NBD	₹7.9 Lakhs to ₹30.0 Lakhs per year
Karnataka Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year
IDBI Bank	₹7.1 Lakhs to ₹23.0 Lakhs per year
South Indian Bank	₹8.0 Lakhs to ₹20.0 Lakhs per year
First Abu Dhabi Bank	₹7.0 Lakhs to ₹18.0 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 RAKBANK in India?

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

Experience	Average Salary Range
5 years	₹5.5 Lakhs to ₹24.8 Lakhs per year
6 years	₹6.2 Lakhs to ₹27.9 Lakhs per year
7 years	₹15.5 Lakhs to ₹19.8 Lakhs per year
8 years	₹17.1 Lakhs to ₹21.8 Lakhs per year

and so on.

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RAKBANK Relationship Manager Salaries

RAKBANK Relationship Manager salary in India ranges between ₹12 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 RAKBANK latest salaries received from various employees of RAKBANK.