SBI Cards & Payment Services Indore Relationship Manager Salaries by 7 Employees

4 - 7 years exp.

₹3.4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Relationship Manager Salary in Financial Services Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr
Sales & Business Development Relationship Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.5 L/yr
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Finance & Accounting Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.8 L/yr

Last Updated: 28 Nov 2024

Companies similar to SBI Cards & Payment Services for Relationship Manager in Indore

SBI Cards & Payment Services Relationship Manager Salary

4 - 7 years exp. (7 salaries)

₹3.4 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Vastu Housing Finance Relationship Manager Salary 0 - 8 years exp. (13 salaries)	₹1.7 L/yr - ₹4 L/yr 23% less
Kotak Securities Relationship Manager Salary 0 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹6.3 L/yr 12% less	1 job opening
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Aadhar Housing Finance Relationship Manager Salary 3 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.2 L/yr 36% less
Axis Direct Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹4.4 L/yr - ₹5 L/yr 5% more
SBI Mutual Fund Relationship Manager Salary 2 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹7 L/yr 4% more	6 job openings
Bonanza Portfolio Relationship Manager Salary 1 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 48% less	1 job opening

Relationship Manager salary at SBI Cards & Payment Services ranges between ₹3.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Relationship Manager salaries in Indore

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Top skills at SBI Cards & Payment Services for Relationship Manager

Relationship Due Diligence Networking Credit Cards Cold Calling direct selling Product Pricing Sales Lead Generation Management Relationship Management CRM Finance Channel Sales Communication Skills

Salary related reviews for SBI Cards & Payment Services

2.7

Rated by 3 employees for salary & benefits

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Salary - Bad

+6 more

Relationship Officer in Ranchi

Sbi card Department

2.0

• posted on 10 Jun 2022

1.0

for Salary and Benefits

Likes

Job security is nothing, work culture is disgusting, disappointed with sbi card management, company policy k nam pe sirf or sirf politics hoti h. Senior Battimizi se or rude ho kr apne junior se bat krte hn,Min's apne post ka glt fyda uthate hn. All over sbicard banka channels my work experience Orreast

Dislikes

No salary growth,only pressure given by senior, no appreciate good performer, senior always misbehave

Salary - Bad

+6 more

Sales Executive in Odisha

Innov pvt ltd Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

MIS Executive in Gurgaon / Gurugram

Customer Success, Service & Operations Department

4.0

• posted on 14 May 2022

3.0

for Salary and Benefits

Likes

Fix 9hrs working shift that I like most, if I talk about my previous organisation there i used to work more then my working hours.

Skill development - Excellent

+4 more

Dislikes

There is a huge discrimination between company pay roll employees and third party employees.

Promotions - Poor

Sales Executive in Ernakulam

Credit Card Sales Department

1.0

• posted on 26 Feb 2022

1.0

for Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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SBI Cards & Payment Services Relationship Manager Salary FAQs

What is the salary of Relationship Manager at SBI Cards & Payment Services in Indore?

The average salary of a Relationship Manager at SBI Cards & Payment Services in Indore typically ranges from ₹3.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Relationship Manager in Indore at SBI Cards & Payment Services earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Relationship Manager Salaries at SBI Cards & Payment Services 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 7 SBI Cards & Payment Services employees in India.

What is the estimated take home salary of a Relationship Manager at SBI Cards & Payment Services in Indore?

The estimated take-home salary of a Relationship Manager at SBI Cards & Payment Services in Indore typically ranges from ₹32,703 to ₹33,977 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years to 7 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 7 salaries received from various employees of SBI Cards & Payment Services. 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 SBI Cards & Payment Services in Indore?

To be a Relationship Manager at SBI Cards & Payment Services in Indore, the key skills required include:

- Relationship
- Due Diligence
- Networking
- Credit Cards
- Cold Calling

These skills are highly valued at SBI Cards & Payment Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Cards & Payment Services for Relationship Manager in India?

Axis Direct	₹4.4 Lakhs to ₹5.0 Lakhs per year
SBI Mutual Fund	₹2.6 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Relationship Manager in companies similar to SBI Cards & Payment Services in Indore?

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

Kotak Securities	₹2.8 Lakhs to ₹6.3 Lakhs per year
Vastu Housing Finance	₹1.7 Lakhs to ₹4.0 Lakhs per year
Aadhar Housing Finance	₹2.7 Lakhs to ₹3.2 Lakhs per year
Bonanza Portfolio	₹1.5 Lakhs to ₹2.5 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 SBI Cards & Payment Services in Indore?

The salary growth for a Relationship Manager at SBI Cards & Payment Services 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 SBI Cards & Payment Services:

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
7 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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SBI Cards & Payment Services Relationship Manager Salaries in Indore

SBI Cards & Payment Services Relationship Manager salary in Indore ranges between ₹3.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.