HDB Financial Services Assistant Branch Manager Salaries by 4 Employees

1 - 9 years exp.

₹2.4 Lakhs - ₹4.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% less than the average Assistant Branch Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Branch Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
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BFSI, Investments & Trading Assistant Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.3 L/yr

Last Updated: 3 Dec 2024

Companies similar to HDB Financial Services for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Branch Manager Salary 3 - 16 years exp. (185 salaries)	₹2.4 L/yr - ₹7 L/yr 36% more
Manappuram Finance Assistant Branch Manager Salary 0 - 4 years exp. (147 salaries)	₹1.1 L/yr - ₹4 L/yr 31% less
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Muthoot Fincorp Assistant Branch Manager Salary 3 - 9 years exp. (145 salaries)	₹1.7 L/yr - ₹4.8 L/yr 13% less
CreditAccess Grameen Assistant Branch Manager Salary 3 - 8 years exp. (121 salaries)	₹1.9 L/yr - ₹4.8 L/yr 8% less
IIFL Finance Assistant Branch Manager Salary 2 - 8 years exp. (105 salaries)	₹2.3 L/yr - ₹6 L/yr 16% more
Shriram Finance Assistant Branch Manager Salary 3 - 9 years exp. (109 salaries)	₹1.8 L/yr - ₹5.5 L/yr 5% more
Annapurna Finance Assistant Branch Manager Salary 0 - 6 years exp. (97 salaries)	₹1.5 L/yr - ₹4.1 L/yr 11% less
SMFG India Credit Assistant Branch Manager Salary 3 - 9 years exp. (56 salaries)	₹1.9 L/yr - ₹4.6 L/yr 3% less
Bajaj Finance Assistant Branch Manager Salary 1 - 8 years exp. (50 salaries)	₹2.9 L/yr - ₹5.6 L/yr 23% more	1 job opening
Satin Creditcare Network Assistant Branch Manager Salary 2 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹3.6 L/yr 21% less
Fusion Microfinance Assistant Branch Manager Salary 3 - 6 years exp. (29 salaries)	₹1.7 L/yr - ₹3.5 L/yr 29% less
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IIFL SAMASTA Assistant Branch Manager Salary 2 - 7 years exp. (25 salaries)	₹1.6 L/yr - ₹3.6 L/yr 19% less
Muthoot Microfin Assistant Branch Manager Salary 1 - 6 years exp. (24 salaries)	₹1.9 L/yr - ₹3.1 L/yr 23% less
Aye Finance Assistant Branch Manager Salary 4 - 11 years exp. (22 salaries)	₹3.1 L/yr - ₹5 L/yr 17% more
L&T Finance Assistant Branch Manager Salary 1 - 7 years exp. (21 salaries)	₹2.2 L/yr - ₹3.5 L/yr 25% less
Asirvad Microfinance Assistant Branch Manager Salary 0 - 5 years exp. (23 salaries)	₹1.8 L/yr - ₹3.2 L/yr 31% less
Bharat Financial Inclusion Assistant Branch Manager Salary 0 - 5 years exp. (17 salaries)	₹2.1 L/yr - ₹4.5 L/yr 18% less	1 job opening
Fedbank Financial Services Assistant Branch Manager Salary 3 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹5 L/yr 22% more
Spandana Sphoorty Financial Assistant Branch Manager Salary 1 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹2.8 L/yr 28% less
Bajaj Housing Finance Assistant Branch Manager Salary 1 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr At par

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Assistant Branch Manager salary at HDB Financial Services ranges between ₹2.4 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Assistant Branch Manager salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.4 L/yr

View all

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Salary related reviews for HDB Financial Services

5.0

Rated by 2 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at HDB Financial Services ?

The average salary of a Assistant Branch Manager at HDB Financial Services in India typically ranges from ₹2.4 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Assistant Branch Manager at HDB Financial Services earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Assistant Branch Manager Salaries at HDB Financial 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 4 HDB Financial Services employees in India.

What is the estimated take home salary of a Assistant Branch Manager at HDB Financial Services in India?

The estimated take-home salary of a Assistant Branch Manager at HDB Financial Services in India typically ranges from ₹25,517 to ₹26,948 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 1 year to 9 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 4 salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Assistant Branch Manager in India?

Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance	₹2.9 Lakhs to ₹5.6 Lakhs per year
Fedbank Financial Services	₹3.3 Lakhs to ₹5.0 Lakhs per year
Aye Finance	₹3.1 Lakhs to ₹5.0 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Assistant Branch Manager in companies similar to HDB Financial Services in India?

The salary of a Assistant Branch Manager at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹1.8 Lakhs to ₹5.5 Lakhs per year
Bajaj Housing Finance	₹2.9 Lakhs to ₹3.5 Lakhs per year
Satin Finserv	₹2.8 Lakhs to ₹4.6 Lakhs per year
SMFG India Credit	₹1.9 Lakhs to ₹4.6 Lakhs per year
CreditAccess Grameen	₹1.9 Lakhs to ₹4.8 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 Assistant Branch Manager at HDB Financial Services in India?

The salary growth for a Assistant Branch Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Assistant Branch Manager can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.4 Lakhs to ₹4.7 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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HDB Financial Services Assistant Branch Manager Salaries

HDB Financial Services Assistant Branch Manager salary in India ranges between ₹2.4 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDB Financial Services latest salaries received from various employees of HDB Financial Services.