RAKBANK Mumbai Relationship Manager Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹18.4 Lakhs - ₹23.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 6 Aug 2023

Companies similar to RAKBANK for Relationship Manager in Mumbai

RAKBANK Relationship Manager Salary

5 - 6 years exp. (AmbitionBox Estimate)

₹18.4 L/yr - ₹23.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (829 salaries)	₹2.4 L/yr - ₹13 L/yr 64% less	23 job openings
ICICI Bank Relationship Manager Salary 0 - 18 years exp. (1.8k salaries)	₹3 L/yr - ₹13.4 L/yr 61% less	1 job opening
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (197 salaries)	₹4.5 L/yr - ₹12 L/yr 61% less	5 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (461 salaries)	₹1.8 L/yr - ₹10.5 L/yr 71% less	3 job openings
State Bank of India Relationship Manager Salary 3 - 14 years exp. (25 salaries)	₹3.5 L/yr - ₹12 L/yr 66% less
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (215 salaries)	₹3.5 L/yr - ₹14 L/yr 58% less	83 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (164 salaries)	₹3.1 L/yr - ₹14 L/yr 62% less	12 job openings
Federal Bank Relationship Manager Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 82% less
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (93 salaries)	₹2 L/yr - ₹11.3 L/yr 69% less	16 job openings
Bandhan Bank Relationship Manager Salary 0 - 6 years exp. (14 salaries)	₹1.9 L/yr - ₹6.9 L/yr 77% less
RBL Bank Relationship Manager Salary 0 - 10 years exp. (186 salaries)	₹1.8 L/yr - ₹7 L/yr 78% less	13 job openings
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Jana Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (46 salaries)	₹2.5 L/yr - ₹6.3 L/yr 80% less	5 job openings
City Union Bank Relationship Manager Salary 0 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 79% less	1 job opening
Ujjivan Small Finance Bank Relationship Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8 L/yr 75% less	4 job openings
IDBI Bank Relationship Manager Salary 1 - 10 years exp. (6 salaries)	₹10.9 L/yr - ₹15 L/yr 35% less
South Indian Bank Relationship Manager Salary 7 - 12 years exp. (5 salaries)	₹10 L/yr - ₹20 L/yr 23% less
Mashreq Bank Relationship Manager Salary 4 - 11 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr 31% less
HSBC Global Banking and Markets Relationship Manager Salary 2 - 6 years exp. (3 salaries)	₹29.3 L/yr - ₹34.5 L/yr 60% more
Karur Vysya Bank Relationship Manager Salary 1 - 10 years exp. (3 salaries)	₹6 L/yr - ₹7.2 L/yr 70% less	2 job openings
Baroda Global Shared Services Relationship Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹3.3 L/yr 85% less

Relationship Manager salary at RAKBANK ranges between ₹18.4 Lakhs to ₹23.5 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of RAKBANK.

Similar Designation salaries in RAKBANK

Relationship Officer Salary

(4 salaries)

₹10 L/yr - ₹20 L/yr

Salary related reviews for RAKBANK

Business Support Officer in Dubai

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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

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• posted on 20 Aug 2022

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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.

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

Salary - Bad

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• posted on 12 Aug 2020

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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

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Manager ICT Infrastructure

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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

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• posted on 30 Dec 2023

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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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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RAKBANK Relationship Manager Salary FAQs

What is the notice period for Relationship Manager at RAKBANK in Mumbai?

According to AmbitionBox, 100% of the RAKBANK Relationship Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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RAKBANK Relationship Manager Salaries in Mumbai

RAKBANK Relationship Manager salary in Mumbai ranges between ₹18.4 Lakhs to ₹23.5 Lakhs. This is an estimate based on latest salaries received from employees of RAKBANK.